7000 Payne Ave
Dearborn, MI 48126
2 bd 2 ba 935 sqft Built 1942 Lot 5,663 sqft single_family
Most recent sale
$173,000
Aug 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 3, 2022 | Sold | $173,000 | Public Record |
| Aug 1, 2022 | Sold | $173,000 | Realcomp |
| Jul 1, 2022 | Listed | $179,999 | MLS #20221013078 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $59,500 | $2,256 |
| 2020 | — | — | $53,800 | $2,510 |
| 2019 | — | — | $49,800 | $2,508 |
| 2018 | — | — | $46,600 | $2,445 |
| 2017 | — | — | $43,700 | $2,391 |
| 2016 | — | — | $41,000 | $2,060 |
| 2015 | — | — | $34,650 | $2,336 |
| 2014 | — | — | $31,500 | $1,913 |
| 2013 | — | — | $30,600 | $1,818 |
| 2012 | — | — | $30,600 | $1,861 |
| 2011 | — | — | $34,750 | $1,897 |
| 2010 | — | — | $43,450 | $2,208 |
| 2009 | — | — | $51,100 | $2,084 |
| 2008 | — | — | $59,400 | $1,784 |
| 2007 | — | — | $61,250 | $1,797 |
Property facts
Year built
1942
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
935 sqft
Lot size
5,663 sqft
ZIP code
48126
City
Dearborn
Street
Payne Ave
Coordinates
42.34214, -83.19159
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,403
Gross rental yield
9.73%
Implied cap rate
6.33%
Trend-extrapolated value
—
Frequently asked questions
When did 7000 Payne Ave last sell?
7000 Payne Ave most recently sold on Aug 3, 2022 for $173,000.
What is the current tax assessment for 7000 Payne Ave?
The most recent total assessment for 7000 Payne Ave (year 2021) is $59,500 with $2,256 in property tax.
How does 7000 Payne Ave's assessment compare to its last sale price?
The current assessment is 65.6% below the last sale price of $173,000.
When was 7000 Payne Ave built?
7000 Payne Ave was built in 1942.
How does 7000 Payne Ave compare to others on Payne Ave?
We track 8 other properties on Payne Ave. Browse the list under "Other properties on Payne Ave" to compare beds, baths, and sale history.
What are the property facts for 7000 Payne Ave?
7000 Payne Ave is a 2 bed, 2 bath, 935 sqft, 5,663 sqft lot single_family.
Is 7000 Payne Ave a flip candidate?
No — 7000 Payne Ave does not appear in our flips dataset.
Is 7000 Payne Ave a tax-appeal candidate?
No — 7000 Payne Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.6%
Implied 1-yr
+6.2%
2026 Q3
$264.4K
2026 Q4
$268.2K
ZIP 48126 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Payne Ave