4500 Katherine Street, Dearborn Heights
$137,700
About this home
Your search ends here! This 4-bedroom Dearborn Heights home is ready for new owners and just needs your personal touch. Enter the home to marble flooring throughout the open concept living room & dining room, then step down into the kitchen with vaulted ceiling and door to the backyard. Two bedrooms on the main level with a spacious full bathroom, and two additional large bedrooms upstairs with great closet space. The fenced-in yard houses a very desirable huge garage with storage/workshop loft area above. Don't miss this opportunity! BATVAI
The facts
| Price | $137,700 |
| Original price | $159,700 |
| Price cut | −$22,000 |
| Beds | 3 |
| Baths | 1 full |
| Square feet | 1,328 |
| Type | Single family residence |
| Subdivision | FORDSON MANOR SUB |
| County | Wayne |
| MLS # | 20261045161 |
| Listed | 2026-06-16 |
| Days on market | 111 |
| Year built | 1941 |
| Possession | At closing |
| Stories | 1.5 stories |
| Heating | Forced air, Natural gas |
| Foundation | Crawl space |
| Garage spaces | 2.0 |
| Water / Sewer | City water / Sewer at street |
| Parcel number | 33051010061000 |
| Listing office | Keller Williams Legacy |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $55,317 | about $68,850 |
| Yearly property tax | $3,861 | about $3,629 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. The assessor's state equalized value (SEV) is $69,200. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Dearborn Heights's 2025 homestead rate of 52.72 mills and assumes you claim the homestead exemption. See Dearborn Heights's full tax breakdown or run the uncapping calculator.
Ask Match Realty about this home
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-10-05T17:20-04:00; refreshed at least twice daily.