NOT LISTED FOR SALE

1302 Somerset Ave Grosse Pointe Park, MI 48230

Estimated Value: $330,000 - $482,000

6 Beds
2 Baths
2,941 Sq Ft
$129/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $260,000 $88 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,456/month

32 Days on Market

Highlights

  • Marina
  • Access To Lake
  • Main Floor Primary Bedroom
  • George Defer Elementary School Rated A
  • Wood Flooring
  • Tudor Architecture

About This Home

As of July 2022

AVAILABLE OCTOBER 1, 2024.
Beautifully renovated 3 bedroom upper in Grosse Pointe Park. Directly across from Defer elementary, steps away from shops, restaurants, and nightlife, and a convenient commute to downtown Detroit.

Newly renovated, with the historic charm intact, original hardwood floors and stunning fireplace. Incredible new kitchen with granite countertops, GE profile stainless steel appliances including french door refrigerator, dishwasher and gas range. Ample kitchen space includes an oversized pantry.

Walk-up bonus room with electricity and two windows of natural sunlight. Private basement with washer & dryer. One off street garage parking space included with an automatic garage door.

The rental includes access to two private, resident-only waterfront parks, one of which includes a movie theater. The monthly rent includes water and lawn maintenance, tenant handles snow removal. The tenant pays for gas/electricity.


Monthly rent includes water and lawn maintenance. Tenant pays for gas/electricity.

Pets may be allowed with a pet interview, proof of vaccinations, additional non-refundable pet deposit, and monthly pet fee.

Last Listed By

Lisa Adams

Real Estate One Grosse Pointe License #MISPE-6501284239 Listed on: 06/06/2022

Real Estate One Grosse Pointe

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 41.18 x 119

Parking

  • 2 Car Garage

Home Design

  • Tudor Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Access To Lake
  • Balcony

Utilities

  • Cooling System Mounted To A Wall/Window
  • Boiler Heating System
  • Separate Meters
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 39007020063000

Community Details

Overview

  • 2 Units
  • Somerset Road Sub Subdivision

Recreation

  • Marina
  • Tennis Courts
  • Community Playground
  • Community Spa
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,471

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Tudor
  • Year Built: 1926
  • Mail City: Grosse Pointe Park
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Hardwood Floors
  • Fireplace: Yes
  • Fireplace Features: Livroom Fireplace
  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 6
  • Bathroom Description: Basement Bath Lav/Half, First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Dining Kitchen: Formal Dining Room
  • Sub Room Description: First Floor Mstr Bedroom
  • Half Bathrooms: 2
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 2941

Exterior Features

  • Construction: Brick
  • Exterior Features: Exterior Balcony
  • Frontage: 41
  • Water Features: Lake/River Access
  • Foundation Type: Basement

Garage/Parking

  • Garage Spaces: 2

Utilities

  • Water: Public Water At Street
  • Water Heater: Gas
  • Cooling System: Wall/Window A/C
  • Heating System: Boiler
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public At Street

Condo/Co-op/Association

  • Community Amenities: Marina, Park, Playground, Pool/Hot Tub, Tennis Courts

Lot Info

  • Assessor Parcel Number: 39007020063000
  • Lot Dimensions: 41.18 x 119
  • Acreage: 0.11
  • Zoning: Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $2,525.42
  • Winter Tax: Year: 2021, Amount: $2,945.69
  • Total Tax: Amount: $5,471.11

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Jul 15, 2022
Sold by
Sara Yavruyan
Bought by
Havlik Jason and Havlik Sara
Seller's Agent
Lisa Adams
Real Estate One Grosse Pointe
Buyer's Agent
Andrew Kesteloot
Sine & Monaghan LLC
List Price
$385,000
Sold Price
$260,000
Premium/Discount to List
-$125,000
-32.47%
Total Days on Market
32
Current Estimated Value
$378,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,764
Avg. Annual Appreciation
19.29%
Original Mortgage
$195,000
Outstanding Balance
$188,650
Interest Rate
5.51%
Mortgage Type
Balloon
Estimated Equity
$238,187

Purchase Details

Closed on
Oct 24, 2020
Sold by
Yavruyan Aram and Yavruyan Sara
Bought by
Yavruyan Aram and Yavruyan Sara

Purchase Details

Closed on
Feb 1, 2020
Sold by
Yavruyan Aram and Yavruyan Sara
Bought by
Yavruyan Aram and Yavruyan Sara

Purchase Details

Closed on
Apr 1, 2016
Sold by
Sara Yavruyan Aram and Sara Yavruyan
Bought by
Aram Yavruyan & Sara Yabruyan Revocable

Range of Values:

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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
Havlik Jason $260,000 Ata National Title
Yavruyan Aram -- None Available
Yavruyan Aram -- None Available
Aram Yavruyan & Sara Yabruyan Revocable -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Havlik Jason $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 For Rent $1,750 0.0% --
07/15/2022 07/15/22 Sold $260,000 -20.0% $88 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/22/2022 06/22/22 Price Changed $325,000 -15.6% $111 / Sq Ft
06/06/2022 06/06/22 For Sale $385,000 -- $131 / Sq Ft
Source: Michigan Multiple Listing Service

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
2024 $4,275 $174,300 $0 $0
2023 $4,082 $164,100 $0 $0
2022 $2,291 $144,200 $0 $0
2021 $5,198 $126,500 $0 $0
2019 $5,196 $107,300 $0 $0
2018 $2,185 $89,500 $0 $0
2017 $5,997 $58,900 $0 $0
2016 $5,100 $82,700 $0 $0
2015 $8,660 $86,600 $0 $0
2013 $8,527 $87,000 $0 $0
2012 $2,109 $91,200 $23,800 $67,400
Source: Public Records

Agents Affiliated with this Home

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Source: Michigan Multiple Listing Service

MLS Number: 50077155

Michigan Multiple Listing Service

APN: 39-007-02-0063-000