Owner
$337,795
5204 JONATHON ST, DEARBORN, MI
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
4
baths
3
sq. ft.
2,196
property type
Single Family Residential
hoa
No
About
Residential
Building Quality B-
Living Area
Garage
2 Stories
Unspecified Basement
Forced Air Unit
Yes
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
2006
Building Size
2,196 sq ft
Lot Size
4,356 sq ft
Lot Size (Acres)
0.10 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
82 10 171 13 017
County
Wayne County, Michigan
Metro Area
Detroit-Warren-Dearborn, MI
Zoning
RA
Neighborhood/Subdivision
MAPLEWOOD PARK SUB
Lot Number
420
School District
Dearborn City School District
Legal Description
LOT 420 ADDITION TO MAPLEWOOD PARK SUB
Tax & Value Information
Market Value (Total)
$354,600
Building Value
$0
Land Value
$354,600
Annual Property Tax
$7,764
Tax Assessment Year
2024
Assessed Value
$177,300
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
2/18/2022
Recording Date
2/23/2022
Sales Document #
2022.49162
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$13,071
Return on Investment
15.60%
After Repair Value
$371,575
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$304,016
Renovation Cost
$16,890
Closing Costs (buying)
$6,080
Holding Costs
$9,224
Selling Costs
$22,294
Total Investment
$83,773
After Repair Value (ARV)
$371,575
Total Costs
$358,504
Estimated Profit
$13,071
Cash Invested
$77,693
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
Map Filters
Key Amenities in the Area