$238,000
SOLD SEP 27, 2018

1358 Somerset Ave Unit 60 Grosse Pointe Park, MI 48230

4 Beds
2 Baths
2,260 Sq Ft
1948 Built

Recently Sold

$105 Per Sq Ft

1% Below List Price

12 Days on Market

Highlights

  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • George Defer Elementary School Rated A
  • 2 Car Garage
  • Fenced

About This Home

As of February 2021

Spanning over 2200 square feet, this two family flat home in the heart of Grosse Pointe Park is a perfect blend of style and comfort. Each flat has 2 bedrooms 1 bath, a kitchen and a dining room. Each flat features a functional and stylish kitchen with ample cabinet space. Look forward to delicious meals in your quaint dining room. Cozy up on cold winter nights beside the warm and inviting fireplaces. Each bedroom is roomy with ample closet space. Relax during the summer days and nights in the privacy of your sunroom. Spacious, beautifully maintained and situated in one of the area’s highly coveted communities, this beautiful estate won’t be on the market long.

Last Agent to Sell the Property

Risea Lawrence

Rocket Homes Real Estate LLC License #6501411875 Listed on: 06/27/2018

Last Buyer's Agent

Risea Lawrence

Rocket Homes Real Estate LLC License #6501411875 Listed on: 06/27/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 41x122x41x122
  • Fenced

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,260 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • Somerset Road Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 39007020077000
  • $9,000 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,057

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 267.50 Sewer Septic-ongoing
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 3413
  • Sq Ft Lower Floor: 1153
  • Total Sq Ft: 2260
  • Sq Ft Total Bsmt: 1153

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 41
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: E

Garage/Parking

  • MF Parking: Garages
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Grosse Pointe

Lot Info

  • Lot Dimensions: 41x122x41x122
  • Parcel Number: 39007020077000
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1750

Tax Info

  • Tax Amount Summer: 1934.0000
  • Tax Amount Winter: 3123.0000
  • Total Tax: 5057.0000

Multi Family

  • Gross Scheduled Income: 21000.00
  • Number Of Units Total: 2
  • Unit Count: 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
Dec 16, 2020
Closed on
Feb 8, 2021
Sold by
Jackson Anthony
Bought by
Klacza Andrew
Seller's Agent
Michael Defauw
Sine & Monaghan LLC
Buyer's Agent
Miles Knight
Sine & Monaghan LLC
List Price
$309,000
Sold Price
$309,000
Current Estimated Value
$403,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,419
Avg. Annual Appreciation
6.20%
Original Mortgage
$247,200
Outstanding Balance
$223,250
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$180,169

Purchase Details

Listed on
Jun 27, 2018
Closed on
Sep 25, 2018
Sold by
Hess Adam S
Bought by
Jackson Anthony
Seller's Agent
Risea Lawrence
Rocket Homes Real Estate LLC
Buyer's Agent
Risea Lawrence
Rocket Homes Real Estate LLC
List Price
$240,000
Sold Price
$238,000
Premium/Discount to List
-$2,000
-0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.59%
Original Mortgage
$233,689
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 22, 2014
Sold by
Somerset Ventures Llc
Bought by
Hess Adam S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2012
Sold by
Latka Derek and Hess Blair
Bought by
Somerset Ventures Llc

Purchase Details

Closed on
Apr 1, 2011
Sold by
Proven Geoff
Bought by
Latka Derek
Source: Public Records

Similar Home in the area

  • 302 Alter Rd, Detroit, MI 48215

    $275,000

    • 6 Beds
    • 4 Baths
    • 1,254 Sq Ft
    • 302 Alter Rd
    • Detroit, MI

    One of the most desirable 2-unit apartment buildings on the Eastside! An excellent investment opportunity with an easy-to-manage, easy-to-lease building — or live in one apartment and rent out the other to help cover your mortgage and carrying costs.Large side-by-side townhouse-style units — each with 3 bedrooms, central A/C, one full bath, one half bath, private basements with all

    Jimmy Saros Jim Saros Real Estate Services

    Section Image

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $309,000 Ata National Title Group Llc
Warranty Deed $238,000 Amrock
Quit Claim Deed -- None Available
Warranty Deed $120,000 None Available
Warranty Deed $71,500 Capital Title Insurance Agcy
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $247,200 New Conventional
Previous Owner $230,372 FHA
Previous Owner $233,689 FHA
Previous Owner $94,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2021 02/10/21 Sold $309,000 0.0% $137 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
12/16/2020 12/16/20 For Sale $309,000 0.0% $137 / Sq Ft
09/01/2020 09/01/20 Rented $1,300 -7.1% --
04/08/2020 04/08/20 Under Contract -- -- --
03/23/2020 03/23/20 For Rent $1,400 +12.0% --
12/06/2019 12/06/19 Rented $1,250 0.0% --
07/17/2019 07/17/19 Under Contract -- -- --
07/06/2019 07/06/19 For Rent $1,250 0.0% --
09/27/2018 09/27/18 Sold $238,000 -0.8% $105 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
06/27/2018 06/27/18 For Sale $240,000 -- $106 / 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 $3,458 $152,100 $0 $0
2023 $3,302 $143,400 $0 $0
2022 $3,137 $126,400 $0 $0
2021 $5,691 $111,500 $0 $0
2019 $6,286 $94,700 $0 $0
2018 $1,963 $80,400 $0 $0
2017 $6,322 $51,100 $0 $0
2016 $5,033 $74,300 $0 $0
2015 $7,770 $77,700 $0 $0
2013 -- $78,000 $0 $0
2012 $2,011 $81,600 $23,200 $58,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 218057332

Realcomp

APN: 39-007-02-0077-000