NOT LISTED FOR SALE

11501 Somerset Ave Detroit, MI 48224

Moross-Morang Neighborhood

Estimated Value: $70,000 - $93,000

3 Beds
1 Bath
848 Sq Ft
$96/Sq Ft Est. Value

About This Home

This home is located at 11501 Somerset Ave, Detroit, MI 48224 and is currently estimated at $81,797, approximately $96 per square foot. 11501 Somerset Ave is a home located in Wayne County with nearby schools including Carleton Elementary School, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2021
Sold by
Reed Niles
Bought by
Reed Marcus A and Reed Laneicia M
Current Estimated Value
$81,797

Purchase Details

Closed on
Aug 7, 2008
Sold by
Ward Angela A and Ward Henry Lee
Bought by
First Bank and First Bank Mortgage

Purchase Details

Closed on
Feb 2, 2007
Sold by
Ward Angela A and Ward Henry Lee
Bought by
Ward Angela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,225
Interest Rate
8.99%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Reed Marcus A -- None Available
First Bank $56,800 None Available
Ward Angela A -- Andover Title & Escrow Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ward Angela A $100,225
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,130 $29,100 $0 $0
2024 $1,130 $25,500 $0 $0
2023 $1,097 $21,200 $0 $0
2022 $1,166 $18,400 $0 $0
2021 $961 $15,000 $0 $0
2020 $952 $14,000 $0 $0
2019 $938 $11,100 $0 $0
2018 $810 $9,700 $0 $0
2017 $188 $9,900 $0 $0
2016 $1,337 $18,200 $0 $0
2015 $1,820 $18,200 $0 $0
2013 $2,533 $25,327 $0 $0
2010 -- $37,133 $1,352 $35,781
Source: Public Records

Map

Michigan Wayne County Detroit 48224 Moross-Morang

11501 Somerset Ave, Detroit, MI

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