tomo logo

$320,000

Beds
5
Baths
3.0
sq ft
1,861

5642 S Gulley Rd, Dearborn Heights, MI 48125

5642 S Gulley Rd

Dearborn Heights, MI 48125

  • 60 days on market
    • Price drop $14,999↓
This property boasts a generous five-bedroom layout, with two bedrooms conveniently located on the first floor and three additional bedrooms on the second floor. guest room features a second kitchen, a full bathroom, and an open-concept layout—perfect for an in-law suite or hosting family and friends. Enjoy the convenience of first-floor laundry, and take advantage of an additional 465 sqft of foundation already built on the north side, easily accessed from the kitchen and back door—just build on top to expand your living space! Or enjoy beautiful sunny mornings on the large porches. With approved architectural drawings and two distinct plans, you have the flexibility to choose from various building options on the expansive lot. Envision your dream home with a spacious three-car garage, beautifully designed new elevations, and a charming circular driveway—all poised to enhance both functionality and curb appeal! Plans and City permits are ready. Updated in 2024 with high end hardware in bathrooms, and a jacuzzi in Master bedroom, this two-story gem features a spacious layout with 3 Full bathrooms, perfect for relaxing and entertaining. You'll love the large backyard perfect for gatherings or quiet evenings. Located in a lively community, you’re just minutes away from parks, schools, and shops. Craftsman Riding Lawn Mower is included for your convenience. Appliances included. Ready to move in. Recessed lighting throughout.

Details

Property type

Single Family Residence

Lot size

0.27 acres

Price per sq ft

$172

Year built

1930

Annual property taxes

$3,228

Price History

11/11/2024
Realcomp

Realcomp #20240071688

Price change
$320,000
-4.48%
09/23/2024
Realcomp

Realcomp #20240071688

Listed
$334,999
+298.81%
12/27/2019
Realcomp

Realcomp #219088981

Sold
$84,000
-1.18%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Westwood

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

Citizens Bank Na

Loan start date

March 2022

Original loan amount

$112,000

Est. remaining balance

Not provided

Interest rate

2.7%

Loan type

Credit Line (Revolving), 25 year

Seller

Nawal Alkayal

Lender

Citizens Bank Na

Loan start date

March 2022

Original loan amount

$112,000

Est. remaining balance

Not provided

Interest rate

2.7%

Loan type

Credit Line (Revolving), 25 year

Seller

Nawal Alkayal

Lender

Aayh Investments Llc

Loan start date

December 2019

Original loan amount

$90,000

Est. remaining balance

Not provided

Interest rate

3.69%

Loan type

Purchase Money Mortgage, 4 year

Seller

Nawal Alkayal

Lender

Aayh Investments Llc

Loan start date

December 2019

Original loan amount

$90,000

Est. remaining balance

Not provided

Interest rate

3.69%

Loan type

Purchase Money Mortgage, 4 year

Seller

Nawal Alkayal

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?

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Status: Active

Tomo last checked: 11/22/2024 at 9:35 PM

Listing updated: 11/16/2024 at 2:15 PM

Listed by: Eman Haidar, Brookstone, Realtors LLC Phone #: (248) 963-0505

MLS: Realcomp #20240071688

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