7721 Schaefer Rd, Dearborn, MI 48126
OFF MARKET

$164,600

Trulia Estimate
  • Studio
  • 952 sqft

7721 Schaefer Rd, Dearborn, MI 48126

Oakman Grove
Est. Refi. Payment $1,213/mo*
Refinance Your Home
Currently Off Market - Sold Nov 10, 2015 for $80,000

Home Value

Trulia Estimate
$165K
Since last month
Increased$14K (+8.9%)
Since last year
Increased$5K (+2.8%)
Since last sale
Increased$87K (+108.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +97% in the last 10 years
MonthEstimated value
2026
November 2026$167K
October 2026$163K
September 2026$153K
August 2026$150K
July 2026$165K
June 2026$153K
May 2026$158K
April 2026$149K
March 2026$147K
February 2026$146K
January 2026$151K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
8021 Hartwell St, Detroit, MI
0.21
Single-Family Home
$115,000
07/20/26
3
1
1,200
7542 Neckel St, Dearborn, MI
0.11
Single-Family Home
$140,000
11/18/25
4
1
1,440
8154 Decatur St, Detroit, MI
0.34
Single-Family Home
$70,000
06/02/26
3
1
864
7538 Maple St, Dearborn, MI
0.14
Single-Family Home
$178,000
07/27/26
3
1
1,081
8267 Carlin St, Detroit, MI
0.41
Single-Family Home
$92,000
07/27/26
3
2
1,241
8029 Hartwell St, Detroit, MI
0.21
Single-Family Home
$165,000
05/01/26
3
1.5
1,389
7624 Maple St, Dearborn, MI
0.11
Single-Family Home
$213,000
01/20/26
4
2.5
1,610
7509 Middlesex St, Dearborn, MI
0.28
Single-Family Home
$175,000
02/03/26
3
2
1,100
7517 Horger St, Dearborn, MI
0.23
Single-Family Home
$274,000
03/24/26
3
1.5
980
7323 Maple St, Dearborn, MI
0.28
Single-Family Home
$211,873
02/24/26
4
2
1,122

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
7719 Schaefer Rd, Dearborn, MI 48126
0.01
-
-
-
-
Off Market
7742 Schaefer Hwy, Dearborn, MI 48126
0.02
-
-
-
-
Off Market
7713 Schaefer Hwy, Dearborn, MI 48126
0.02
-
-
-
-
Off Market
7651 Schaefer Rd, Dearborn, MI 48126
0.02
$226,700
Studio
1
2,216
Off Market
7718 Neckel St, Dearborn, MI 48126
0.03
$236,000
5
3
1,372
Off Market
7726 Neckel St, Dearborn, MI 48126
0.03
$273,900
5
3
1,825
Off Market
7710 Neckel St, Dearborn, MI 48126
0.03
$208,400
4
2
1,602
Off Market
7730 Neckel St, Dearborn, MI 48126
0.03
$182,800
4
2
1,344
Off Market
7704 Neckel St, Dearborn, MI 48126
0.03
$233,600
3
3
1,300
Off Market
7740 Neckel St, Dearborn, MI 48126
0.03
$346,300
4
3
1,994
Off Market
7656 Neckel St, Dearborn, MI 48126
0.03
$310,000
4
2.5
2,494
Recently Sold
7746 Neckel St, Dearborn, MI 48126
0.04
$204,000
3
2
1,352
Off Market
7750 Schaefer Rd, Dearborn, MI 48126
0.04
$248,200
Studio
-
-
Off Market
7650 Neckel St, Dearborn, MI 48126
0.04
$226,200
5
3
1,615
Off Market
7756 Neckel St, Dearborn, MI 48126
0.04
$217,700
3
2
1,480
Off Market
7642 Neckel St, Dearborn, MI 48126
0.04
$229,100
2
1
900
Off Market
7638 Neckel St, Dearborn, MI 48126
0.05
$205,800
3
2.5
1,200
Off Market
7632 Neckel St, Dearborn, MI 48126
0.05
$135,100
2
1
935
Off Market
7630 Schaefer Rd, Dearborn, MI 48126
0.05
-
-
-
-
Off Market
7800 Neckel St, Dearborn, MI 48126
0.06
$327,100
3
2.5
2,201
Off Market

Local Information

  • Map ViewExplore the area around 7721 Schaefer Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1957
952 sqft
$173/sqft

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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $164,600, with a rent estimate of $1,777/month.

Home Details for 7721 Schaefer Rd

Property Information

Year Built
Year Built: 1957
Property Type / Style
Property Type: Single Family Home

Price and Tax history

DateEventPrice
Nov 10, 2015
Source: N/A
Sold
$80,000
Nov 20, 2014
Source: Agent Provided
ListingRemoved
$83,500
Jul 15, 2014
Source: Agent Provided
Listed For Sale
$83,500

Market trends in Dearborn

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$272K
$5KMoM
Sale-to-List Price
99.8%
Price per sq ft
$156
$2MoM
Available listings
205
27MoM
Sourced by Trulia Market Trends

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Oakman Grove
See Local Highlights
Neighborhood stats provided by third party data sources.

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.
  • Sam.eurotrades
    "Quite safe but rudely neighbors. Make noises at night. Teenagers raced with cars on the streets. If I’d have the choice, I’d love to move away."
    0
    Flag
  • Zeyad A.
    "dogs are rare in my neighborhood. there are only two dogs in 1 house one block away. there was a dog in the house i live in that belonged to the previous owners. "
    7
    Flag
  • Jacquie k.
    "I lived I. The best neighbor with good neighbor and nice trees and grass and people It’s a beautiful day in the neighborhood won’t you be my neighbor "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 7721 Schaefer Rd

  • What is 7721 Schaefer Rd estimated to be worth?
    Trulia's estimated value for 7721 Schaefer Rd in Dearborn, MI is $164,600.
  • What is the price history for 7721 Schaefer Rd?
    7721 Schaefer Rd in Dearborn, MI last sold for $80,000 in November 2015.
  • Is Dearborn a buyer's or seller's market?
    Dearborn is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Dearborn?
    The median sale price in Dearborn is $272K. That is down $5K from the prior month.

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