225 S Martha ST , Dearborn, MI 48124
Est. $3,015/mo with current taxes · · See the breakdown
About this home
STUNNING ! WELCOME TO THIS BEAUTIFUL COLONIAL OWNERS HAVE HAD FOR OVER 40+ YEARS ! THE HOME IS INVITING OVERALL BUT WAIT TILL YOU SEE THE FAMILY ROOM W/PALLADIAN WINDOW AND PELLA DOORWALL TO DECK AND PATIO 1/2 WAY BACK THE YARD !! THIS BACK YARD IS DECEIVING MUCH LARGER THAN YOU THINK AND CURVES AND WRAPS AROUND PROVIDING MORE SPACE ! PRETTY WHITE AND BLACK KITCHEN W/GRANITE COUNTERS AND STAINLESS STEEL APPLIANCES!- WOOD BURNING FIREPLACE W/LOVELY MANTLE AND LARGE BAY WINDOW IN FRONT ROOM AND FORMAL DINING ROOM AND GRADE LAV ROUND OFF THE MAIN FLOOR! UP IS TRADITIONAL COLONIAL W/ 3 BEDROOMS AND FULL BATH AND LOWER LEVER OFFERS 1/2 THE BASEMENT FINISHED AND 2ND PART LAUNDRY AND MECHANICALS - W/ A STAND ALONE SHOWER TOO - ROOF IS APPROX 7 YEARS OLD - FURNACE APPROX 5 YEARS AND CENTRAIL AIR 2025 - PLUMBING COPPER - . GARAGE HAS STORAGE LOFTS BUILT UP TOP - A 220 CIRCUIT - A HEATER CAN BE PLUGGED IN AND POWER STRIPS T/O (44 OUTLETS TO BE EXACT); UPGRADED CIRCUITS TO USE POWER TOOLS AND 10 LIGHTS OFF GARAGE TO KEEP THIS LIT UP ! THIS HOME IS A STONES THROW FROM DEARBORN HIGH AND A PRIVATE LOW TRAFFICE STREET - IT IS A KEEPER COME ON DOWN !
Monthly payment
The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then.The uncapped tax line is this home's bill after it uncaps: half the price times 50.87 mills, the 2025 homestead rate here. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.
The facts
| Price | $399,900 |
| Beds | 3 |
| Baths | 1 full, 1 half |
| Square feet | 2,034 |
| Type | Single family residence |
| Subdivision | NORTH DEARBORN PARK |
| County | Wayne |
| MLS # | 20261082229 |
| Listed | 2026-10-29 |
| Days on market | 0 |
| Year built | 1941 |
| Possession | 30 days after closing |
| Stories | 2 stories |
| Basement | Finished |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Block |
| Garage spaces | 1.5 |
| Water / Sewer | City water & sewer |
| Fireplace | Yes |
| Parcel number | 32820921108005 |
| Listing office | Prime + Property |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $89,878 | about $199,950 |
| Yearly property tax | $4,496 | about $10,172 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $5,676 a year more than this seller pays. The assessor's state equalized value (SEV) is $162,200. 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's 2025 homestead rate of 50.87 mills and assumes you claim the homestead exemption. See Dearborn's full tax breakdown or run the uncapping calculator.
Location
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 2026-10-29T15:35+00:00; refreshed at least twice daily.