NOT LISTED FOR SALE

1315 Somerset Ave Unit 17 Grosse Pointe Park, MI 48230

Estimated Value: $317,000 - $498,000

6 Beds
2 Baths
2,912 Sq Ft
$128/Sq Ft Est. Value

Last Sold January 25, 2022

Last sale price $245,000 $84 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,358/month

9 Days on Market

About This Home

As of January 2022

Large 2 family in west park area of GPP. Features a newer roof and vinyl thermal windows. Driveway and garage and a wood deck off the back. Both units are identical with 3 bedrooms each and @ 1500sqft. Both have a natural fireplace. Glass block basement windows. 2 good boilers and water tanks. Does need some painting and being sold as-is. Hardwood floors under carpet.

Last Listed By

Eric Goosen

Berkshire Hathaway HomeServices Kee Realty SCS License #MISPE-6506028530 Listed on: 12/20/2021

Berkshire Hathaway HomeServices Kee Realty SCS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1929

Lot Details

  • 4,792

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Lot Dimensions are 30x100
  • Separate Meters

Community Details

  • 2 Units
  • Somerset Road Subdivision

Listing and Financial Details

  • Assessor Parcel Number 39007020039000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,646

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1929
  • Mail City: Grosse Pointe Park
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Features: Livroom Fireplace
  • Basement: Yes
  • Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 2912

Exterior Features

  • Construction: Brick
  • Frontage: 30
  • Foundation Type: Basement

Garage/Parking

  • Garage Spaces: 2

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Steam
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 39007020039000
  • Lot Dimensions: 30x100
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $2,583.00
  • Winter Tax: Year: 2021, Amount: $2,063.00
  • Total Tax: Year: 2021, Amount: $4,646.00
  • SEV Year: 2021

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
Dec 20, 2021
Closed on
Jan 24, 2022
Sold by
Nemeh Hana K
Bought by
Mollison Edward M
Seller's Agent
Eric Goosen
Berkshire Hathaway HomeServices Kee Realty SCS
Buyer's Agent
Michael Lizza
Sine & Monaghan LLC
List Price
$269,900
Sold Price
$245,000
Premium/Discount to List
-$24,900
-9.23%
Total Days on Market
9
Current Estimated Value
$374,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,020
Avg. Annual Appreciation
15.53%
Original Mortgage
$204,595
Outstanding Balance
$193,011
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$201,473

Purchase Details

Closed on
Jan 18, 2021
Sold by
Nemeh Hana K
Bought by
Nemeh Hana K and Nemeh John S

Purchase Details

Closed on
Feb 4, 2020
Sold by
Nimat Joseph
Bought by
Nemeh Hana K

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in the area

  • 1318 Wayburn St, Grosse Pointe, MI 48230

    $375,000

    • 4 Beds
    • 2 Baths
    • 1,932 Sq Ft
    • 1318 Wayburn St
    • Grosse Pointe, MI

    West Park two-unit apartment building with a rare open-concept layout and central AC, offering strong in-place cash flow! Located in the rapidly appreciating West Park neighborhood of Grosse Pointe Park—one of Metro Detroit’s most desirable rental markets—this property boasts a long list of features.The recently renovated upper apartment features an open-concept layout, a beautifully updated

    Jimmy Saros Jim Saros Real Estate Services

    Section Image
  • 1258 Wayburn St Unit 1260, Grosse Pointe, MI 48230

    $325,000

    • 4 Beds
    • 2 Baths
    • 2,014 Sq Ft
    • 1258 Wayburn St
    • Unit 1260
    • Grosse Pointe, MI

    This is a well maintained 2 family in Grosse Pointe Park It features Updated kitchens, hardwood floors. New roof and new furnace in lower with central air conditioning. Great location with walking distance to schools, West Park restaurant district and two lake front parks Lower rents $1300 per month with a lease until Sept 2025. Upper month to month at $1100 per month.

    Paula M. Morris Adlhoch & Associates, REALTORS

    Section Image
  • 1255 Wayburn St Unit 57, Grosse Pointe, MI 48230

    $349,000

    • 4 Beds
    • 2 Baths
    • 2,026 Sq Ft
    • 1255 Wayburn St
    • Unit 57
    • Grosse Pointe, MI

    Welcome to 1255-57 Wayburn – a beautifully maintained upper/lower duplex in the heart of Grosse Pointe Park, offering the perfect blend of character, thoughtful updates, and unbeatable walkability. Each unit features 2 bedrooms and 1 full bath, with charming hardwood floors, high ceilings, and abundant natural light throughout. Both units offer a traditional dining room—perfect for entertaining

    Charlene Williams Sine & Monaghan LLC

    Section Image
  • 1456 Wayburn St, Grosse Pointe, MI 48230

    $319,900

    • 5 Beds
    • 2 Baths
    • 1,920 Sq Ft
    • 1456 Wayburn St
    • Grosse Pointe, MI

    Wonderful 2 family in West Park, Grosse Pointe Park on a dead end street by the new municipal building. Hardwood floors and natural oak wood trim. Leaded, stain glass windows. Newer roof, electrical service and vinyl thermal windows. Driveway parking and pass thru to the alley with additional parking. All appliances owned by the seller is included. Lower is vacant now.

    Eric Goosen Berkshire Hathaway HomeServices Kee Realty SCS

    Section Image
  • 963 965 Harcourt, Grosse Pointe, MI 48230

    $410,000

    • 4 Beds
    • 2 Baths
    • 2,728 Sq Ft
    • 963 965 Harcourt
    • Grosse Pointe, MI

    NICELY MAINTAINED TWO FAMILY IN A DESIRABLE WINDMILL POINTE LOCATION. LARGE ROOM SIZES, TW0 BEDROOMS WITH ONE BATH ON EACH FLOOR. BATHS HAVE A SEPARATE TYUB AND SHOWER. EACH UNIT HAS AN EAT-IN KITCHEN, FIREPLACE, HARDWOOD FLOORS, AND A REAR DEC K. SEPARATE UTILITIES AND SEPARATE BASEMENTS WITH A LAV. THREE CAR GARAGE AT REAR. A NICE HOUSE CLOSE TO DOWNTOWN AND WINDMILL POINTE PARKS/

    Rand Sobczak Real Estate One Grosse Pointe

    Section Image
  • 440 Alter Rd, Detroit, MI 48215

    $315,000

    • 4 Beds
    • 3 Baths
    • 1,620 Sq Ft
    • 440 Alter Rd
    • Detroit, MI

    Jefferson-Chalmers House Hack-ready brick duplex, the upper flat already with a tenant in place, and income producing. This versatile residence is also ideal for investors looking for a stable and well-maintained home. The main floor offers a welcoming living room with a natural fireplace and pewabic tile, a pristine, vintage kitchen, two bedrooms, and a full bath; newer LVP runs throughout the

    Jan Dijkers Berkshire Hathaway HomeServices The Loft Warehouse

    Section Image

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
Mollison Edward M $240,700 Premier Title
Nemeh Hana K -- None Available
Nemeh Hana K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mollison Edward M $204,595
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2022 01/25/22 Sold $245,000 -9.2% $84 / Sq Ft
12/29/2021 12/29/21 Pending -- -- --
12/20/2021 12/20/21 For Sale $269,900 -- $93 / 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 $3,402 $138,400 $0 $0
2023 $3,249 $130,600 $0 $0
2022 $2,628 $115,500 $0 $0
2021 $6,741 $102,500 $0 $0
2019 $4,283 $87,100 $0 $0
2018 $1,801 $73,900 $0 $0
2017 $5,039 $45,000 $0 $0
2016 $4,252 $68,100 $0 $0
2015 $7,110 $71,100 $0 $0
2013 $7,010 $71,400 $0 $0
2012 $1,821 $74,600 $23,200 $51,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50062935

Michigan Multiple Listing Service

APN: 39-007-02-0039-000