7721 Schaefer Rd
Dearborn, MI 48126
Oakman Grove- Studio
- 952 sqft
Studio
952 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1957
Living Area
952 sqft
Price/Sqft
$162
About this House
Already has a successful meat market ran out of building. This is a perfect opportunity for an investor. Everything in the building is owned by the owner of the business and the business is not for sale. Dearborn meat market is the name of the business and they are paying $1000 a month and signed a 10 year contract in 2009. Sit back and collect!
7721 Schaefer Rd, Dearborn, MI 48126 is a studio, 952 sqft single-family home in Oakman Grove, built in 1957. It last sold for $80,000 on Nov 10, 2015. It is currently off market. The Trulia Estimate is $153,800, with a rent estimate of $1,742/month.
Home Details for 7721 Schaefer Rd
|
|---|
Year Built Year Built: 1957 |
Property Type / Style Property Type: Single Family Home |
Price History for 7721 Schaefer Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 11/10/2015 | $80,000 | Sold | N/A |
| 11/20/2014 | $83,500 | ListingRemoved | Agent Provided |
| 07/15/2014 | $83,500 | Listed For Sale | Agent Provided |
Market trends in Dearborn
Last updated June 2026
Avg. sale price
$270K
$13.83KMoM
Sale-to-List Price
99.4%
0.6%MoM
Price per sq ft
$158
$2MoM
Available listings
187
Comparable Sales for 7721 Schaefer Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.11 | Single-Family Home | $140,000 | 11/18/25 | 4 | 1 | 1,440 | |
0.34 | Single-Family Home | $70,000 | 06/02/26 | 3 | 1 | 864 | |
0.41 | Single-Family Home | $70,000 | 07/22/26 | 3 | 1 | 950 | |
0.41 | Single-Family Home | $92,000 | 07/27/26 | 3 | 2 | 1,241 | |
0.21 | Single-Family Home | $165,000 | 05/01/26 | 3 | 1.5 | 1,389 | |
0.11 | Single-Family Home | $213,000 | 01/20/26 | 4 | 2.5 | 1,610 | |
0.25 | Single-Family Home | $185,000 | 10/31/25 | 3 | 1 | 1,136 | |
0.28 | Single-Family Home | $175,000 | 02/03/26 | 3 | 2 | 1,100 | |
0.23 | Single-Family Home | $274,000 | 03/24/26 | 3 | 1.5 | 980 | |
0.28 | Single-Family Home | $211,873 | 02/24/26 | 4 | 2 | 1,122 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 7721 Schaefer Rd.
What Locals Say about Oakman Grove
At least 62 Trulia users voted on each feature.
88 % Say there are sidewalks
87 % Say yards are well-kept
73 % Say it's walkable to grocery stores
72 % Say it's walkable to restaurants
70 % Say car is needed
70 % Say kids play outside
69 % Say parking is easy
66 % Say it's dog friendly
64 % Say they plan to stay for at least 5 years
62 % Say there's holiday spirit
55 % Say streets are well-lit
52 % Say people would walk alone at night
50 % Say neighbors are friendly
33 % Say it's quiet
33 % Say there are community events
24 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections