NOT LISTED FOR SALE

1311 Somerset Ave Unit 1311-1313 Grosse Pointe Park, MI 48230

Estimated Value: $293,000 - $527,000

6 Beds
2 Baths
2,916 Sq Ft
$135/Sq Ft Est. Value

Last Sold July 03, 2014

Last sale price $158,000 $54 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $2,485/month

13 Days on Market

About This Home

As of July 2014

FOUR SQUARE INCOME WITH JUST UNDER 3,000 TOTAL SQUARE FEET. IDENTICAL UNITS FEATURES 3 BEDROOMS, 1 BATH, HARDWOOD FLOORS, KITCHEN WITH APPLIANCES, DISHWASHERS. SEPARATE BASEMENT WITH LAUNDRY. SIDE DRIVE WAY, 2 CAR GARAGE. IDEAL FOR OWNER OCCUPIED OR INVESTMENT.

Last Agent to Sell the Property

Mark Monaghan

Sine & Monaghan LLC License #MISPE-6502365516 Listed on: 05/07/2014

Sine & Monaghan LLC

Last Buyer's Agent

Rand Sobczak

Real Estate One Grosse Pointe License #MISPE-6501310516

Real Estate One Grosse Pointe

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 4,792

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 2-Story Property
  • Lot Dimensions are 118x40
  • Separate Meters
  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 39007020040000

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Originating MLS: MI Real Source
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 4637
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 2916

Exterior Features

  • Foundation Type: Basement

Garage/Parking

  • Garage Spaces: 2

Utilities

  • Water: Public Water At Street
  • Heating System: Steam
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public At Street

Lot Info

  • Assessor Parcel Number: 39007020040000
  • Lot Dimensions: 118X40
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $1,921.00
  • Winter Tax: Amount: $2,716.00
  • Total Tax: Amount: $4,637.00

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
May 7, 2014
Closed on
Jul 2, 2014
Sold by
Bamford Michael B and Bamford Mary Sue
Bought by
Peleman Rene Richard
Seller's Agent
Mark Monaghan
Sine & Monaghan LLC
Buyer's Agent
Rand Sobczak
Real Estate One Grosse Pointe
List Price
$164,500
Sold Price
$158,000
Premium/Discount to List
-$6,500
-3.95%
Current Estimated Value
$392,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,284
Avg. Annual Appreciation
8.36%
Original Mortgage
$118,500
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2003
Sold by
Bachulis Jill R and Bachulis Victor
Bought by
Bamford Michael D
Source: Public Records

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
Peleman Rene Richard $158,000 Greco Title Agency Llc
Bamford Michael D $220,000 Lawyers Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peleman Rene Richard $200,000
Closed Peleman Rene Richard $118,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2014 07/03/14 Sold $158,000 -4.0% $54 / Sq Ft
05/20/2014 05/20/14 Pending -- -- --
05/07/2014 05/07/14 For Sale $164,500 -- $56 / 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 $3,822 $144,000 $0 $0
2023 $2,091 $135,800 $0 $0
2022 $1,987 $120,000 $0 $0
2021 $5,097 $106,200 $0 $0
2019 $4,979 $90,200 $0 $0
2018 $1,894 $77,700 $0 $0
2017 $6,118 $48,500 $0 $0
2016 $4,865 $71,700 $0 $0
2015 $7,490 $74,900 $0 $0
2013 $7,380 $75,200 $0 $0
2012 $2,084 $78,700 $23,200 $55,500
Source: Public Records

Agents Affiliated with this Home

  • Mark Monaghan

    Seller's Agent in 2014

    Mark Monaghan

    Sine & Monaghan LLC

    (313) 402-6998

    12 in this area

    132 Total Sales

    Mark Monaghan
    Section Image
  • Rand Sobczak

    Buyer's Agent in 2014

    Rand Sobczak

    Real Estate One Grosse Pointe

    (313) 882-5200

    4 in this area

    11 Total Sales

    Rand Sobczak
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31191926

Michigan Multiple Listing Service

APN: 39-007-02-0040-000

Michigan Wayne County Grosse Pointe Park 48230

1311 Somerset Ave Unit 1311-1313, Grosse Pointe Park, MI

This home is located at 1311 Somerset Ave Unit 1311-1313, Grosse Pointe Park, MI 48230 since 07 May 2014 and is currently estimated at $392,284, approximately $134 per square foot. This property was built in 1926. 1311 Somerset Ave Unit 1311-1313 is a home located in Wayne County with nearby schools including George Defer Elementary School, Pierce Middle School, and Grosse Pointe South High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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