NOT LISTED FOR SALE

1323 Somerset Ave Unit 25 Grosse Pointe Park, MI 48230

Estimated Value: $312,000 - $436,000

4 Beds
2 Baths
2,028 Sq Ft
$174/Sq Ft Est. Value

Last Sold May 30, 2012

Last sale price $95,000 $47 Per Sq Ft

Est. 272% increase in value since last sale

Current estimated payment $2,130/month

85 Days on Market

About This Home

As of May 2012

Very well maintained two family unit on desirable Grossse Pointe Park street. Upper and lower unit floor plans are similar. Both with fireplaces and hardwood floors. Nicely landscaped. Two car garage. Close to schools. Short sale approved at $105,000

Last Agent to Sell the Property

Mark Monaghan

Sine & Monaghan LLC License #6501168047 Listed on: 03/05/2012

Sine & Monaghan LLC

Last Buyer's Agent

mark monaghan

Sine & Monaghan Realtors Real Living LLC GPF License #RCO-6501168047

Sine & Monaghan Realtors Real Living LLC GPF

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 40x120

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2 Full Bathrooms
  • 2,028 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Somerset Road Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 39007020037000

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1940
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 2028
  • Total Sq Ft: 2028

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Frontage Feet: 40
  • Road Frontage Type: Paved, Pub. Sidewalk

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Grosse Pointe

Lot Info

  • Lot Dimensions: 40X120
  • Parcel Number: 39007020037000
  • Zone Conform: Yes
  • Zoning: Multi-Family
  • Homestead Percent: 0 Percent

Rental Info

  • Legal Rental Certified: Yes

Tax Info

  • Tax Amount Summer: 1969.0000
  • Tax Amount Winter: 2709.0000
  • Total Tax: 4678.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2012
Closed on
May 30, 2012
Sold by
Bomgardner Thomas
Bought by
Jibtop Investments Llc
Seller's Agent
Mark Monaghan
Sine & Monaghan LLC
Buyer's Agent
mark monaghan
Sine & Monaghan Realtors Real Living LLC GPF
List Price
$99,000
Sold Price
$95,000
Premium/Discount to List
-$4,000
-4.04%
Current Estimated Value
$353,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,053
Avg. Annual Appreciation
10.43%
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
Jibtop Investments Llc -- None Available
Bomgardner Thomas $95,000 Greco Title Agency Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2012 05/30/12 Sold $95,000 -4.0% $47 / Sq Ft
05/29/2012 05/29/12 Pending -- -- --
03/05/2012 03/05/12 For Sale $99,000 -- $49 / Sq Ft
Source: Realcomp

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 $2,163 $140,700 $0 $0
2023 $2,066 $132,800 $0 $0
2022 $1,963 $117,400 $0 $0
2021 $5,036 $104,100 $0 $0
2019 $4,919 $89,800 $0 $0
2018 $1,796 $73,600 $0 $0
2017 $5,828 $44,700 $0 $0
2016 $4,626 $67,900 $0 $0
2015 $7,090 $70,900 $0 $0
2013 $6,990 $71,200 $0 $0
2012 $1,969 $74,300 $23,300 $51,000
Source: Public Records

Agents Affiliated with this Home

  • Mark Monaghan

    Seller's Agent in 2012

    Mark Monaghan

    Sine & Monaghan LLC

    (313) 402-6998

    12 in this area

    133 Total Sales

    Mark Monaghan
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Map

Source: Realcomp

MLS Number: 212022898

Realcomp

APN: 39-007-02-0037-000

Michigan Wayne County Grosse Pointe Park 48230

1323 Somerset Ave Unit 25, Grosse Pointe Park, MI

This home is located at 1323 Somerset Ave Unit 25, Grosse Pointe Park, MI 48230 since 05 March 2012 and is currently estimated at $353,053, approximately $174 per square foot. This property was built in 1940. 1323 Somerset Ave Unit 25 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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