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$519,900

Beds
3
Baths
3.0
sq ft
2,800

525 N Melborn St, Dearborn, MI 48128

525 N Melborn St

DearbornCity_Wayne, MI 48128

    • Price drop $10,000↓
This 3-bedroom, 3-full-bath beauty offers a blend of character and modern upgrades on a rare double lot in West Dearborn! The updated kitchen dazzles with Cambria quartz countertops, and is situated between the family room and formal dining room, making it perfect for entertaining. Relax in the cozy four-season room, equipped with a Mitsubishi mini-split allowing you to enjoy it year-round! The primary bedroom includes an updated bathroom with heated floors and the spacious walk-in closet (convertible back to a bedroom) adds versatility. The attached garage adds convenience, while the expansive yard provides endless possibilities. Don't miss this one-of-a-kind opportunity in a prime location! New furnace and AC (2019). Sprinkler system is in the front yard only. Shed in backyard to stay. C of O is done! BATVAI.

Details

Property type

Single Family Residence

Est. home value

$386,518

Lot size

0.23 acres

Price per sq ft

$186

Year built

1941

Annual property taxes

$5,457

HOA

No

Price History

04/02/2025
Realcomp

Realcomp #20250013086

Price change
$519,900
-1.89%
03/27/2025
Realcomp

Realcomp #20250013086

Removed
$529,900
03/05/2025
Realcomp

Realcomp #20250013086

Listed
$529,900
+8.14%

Schools & Community

Neighborhood: 

Highland

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Dearborn

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Dearborn Fsb

Loan start date

June 2020

Original loan amount

$196,000

Est. remaining balance

$109,635

Interest rate

2.77%

Loan type

New Conventional, 10 year

Seller

Donald Mascot and Julie Mascot

Lender

Dearborn Fsb

Loan start date

June 2020

Original loan amount

$196,000

Est. remaining balance

$109,635

Interest rate

2.77%

Loan type

New Conventional, 10 year

Seller

Donald Mascot and Julie Mascot

Lender

Zeal Cu

Loan start date

March 2016

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

2.9%

Loan type

Credit Line (Revolving)

Seller

Donald Mascot and Julie Mascot

Lender

Zeal Cu

Loan start date

March 2016

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

2.9%

Loan type

Credit Line (Revolving)

Seller

Donald Mascot and Julie Mascot

Lender

Dearborn Fsb

Loan start date

August 2014

Original loan amount

$168,000

Est. remaining balance

$58,347

Interest rate

3.3%

Loan type

New Conventional, 15 year

Seller

Donald Mascot and Julie Mascot

Lender

Dearborn Fsb

Loan start date

August 2014

Original loan amount

$168,000

Est. remaining balance

$58,347

Interest rate

3.3%

Loan type

New Conventional, 15 year

Seller

Donald Mascot and Julie Mascot

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/07/2025 at 3:35 AM

Listing updated: 04/02/2025 at 5:41 PM

Listed by: Shadi Bazzi, National Realty Centers, Inc Phone #: (248) 468-1444

MLS: Realcomp #20250013086

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