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Single Family ResidenceResidential
$602,340$202 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 77How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

246 RIVER LN

DEARBORN, MI 48124
4
Beds
4 / 2
Baths
2,981 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.21 ac
Lot SizeThe size of the land the home sits on, from county records.
1949
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
11
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$602K
$461K low$744K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$294,340
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$235,472
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.44%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$308,000
DEARBORN FSB · recorded Jun 18, 2020

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,825 (2023)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$234,300 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$283,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$468,600

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyWayne
Lot (acres)The size of the land the home sits on, from county records.0.21
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Concrete
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Dearborn High SchoolA
High · Grades 9–12 · 0.1 mi
M
Bryant Middle SchoolB+
Middle · Grades 6–8 · 0.8 mi
E
Howard Elementary SchoolA
Elementary · Grades PK–5 · 0.9 mi

District: Dearborn City School District

Neighborhood · ZIP 48124These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.63
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.98
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.32

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.24%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.7%
PopulationHow many people live in this area.34,735
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,646 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$77,739
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$94,459
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.33 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.53%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

246 River Ln measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 97% of homes in Wayne County
  • Costs more per square foot than 82% of homes in Wayne County
  • Bigger than 97% of homes in Dearborn 48124
  • Has a bigger lot than 88% of homes in Dearborn 48124
  • Newer than 76% of homes in North Dearborn Park

What homes are worth in Dearborn 48124

Each bar is how many homes fall in that price range. The marker is this home.

This home
$116K$873K

This home is worth more than 95% of homes in Dearborn 48124.

How it measures up in Dearborn 48124

The dot is this home. The mark in the middle is the typical home in Dearborn 48124.

Estimated value$602,340
CheaperTypical $234,670Pricier

Pricier than 95% of homes nearby

Price per ft²$202
CheaperTypical $190Pricier

Pricier than 61% of homes nearby

Living area2,981 ft²
SmallerTypical 1,233 ft²Bigger

Bigger than 97% of homes nearby

Lot size0.21 ac
SmallerTypical 0.13 acBigger

Bigger than 88% of homes nearby

Year built1949
OlderTypical 1949Newer

Newer than 51% of homes nearby

How 246 River Ln ranks against every home in each area.
MeasureThis homeNorth Dearborn ParkDearborn 48124Wayne County
Estimated valuepricier than$602,34092% of homes95% of homes97% of homes
Price per ft²pricier than$20253% of homes61% of homes82% of homes
Living areabigger than2,981 ft²95% of homes97% of homes96% of homes
Lot sizebigger than0.21 ac85% of homes88% of homes80% of homes
Year builtnewer than194976% of homes51% of homes46% of homes

About 246 River Ln

How much is 246 River Ln, Dearborn, MI worth?

The TopHap Estimate for 246 River Ln, Dearborn, MI is $602,340 as of Jul 14, 2026. The likely range is $460,850 to $743,830. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 246 River Ln, Dearborn, MI?

246 River Ln, Dearborn, MI has 4 bedrooms, 4 bathrooms, 2,981 square feet of living space and a 0.21-acre lot.

When was 246 River Ln, Dearborn, MI built?

246 River Ln, Dearborn, MI was built in 1949, making it 77 years old. The building has 2 stories.

What schools serve 246 River Ln, Dearborn, MI?

246 River Ln, Dearborn, MI is assigned to Dearborn High School (high), rated A; Bryant Middle School (middle), rated B+; Howard Elementary School (elementary), rated A. All sit in Dearborn City School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 246 River Ln, Dearborn, MI compare to other homes in Dearborn 48124?

Among the 13,488 homes in Dearborn 48124, it is worth more than 95% of them ($602,340 against a typical $234,670), its price per square foot is higher than 61% of them ($202 against a typical $190), it is bigger than 97% of them (2,981 ft² against a typical 1,233 ft²), its lot is bigger than 88% of them (0.21 ac against a typical 0.13 ac) and it is newer than 51% of them (1949 against a typical 1949). Measured against all of Wayne County, it is worth more than 97% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 246 River Ln, Dearborn, MI?

The 2023 property tax bill for 246 River Ln, Dearborn, MI was $8,825. The county assessed it at $234,300.

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Assigned schools

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