$309,000
SOLD FEB 10, 2021

1358 Somerset Ave Unit 60 Grosse Pointe Park, MI 48230

4 Beds
2 Baths
2,260 Sq Ft
1948 Built

Recently Sold

$137 Per Sq Ft

5 Days on Market

Highlights

  • Colonial Architecture
  • Covered patio or porch
  • Hot Water Heating System
  • George Defer Elementary School Rated A
  • Central Air
  • 2 Car Garage

About This Home

As of February 2021

Incredible Duplex available on a quiet street in Grosse Pointe Park! 2 bedroom one bath per unit. Completely renovated with hardwood floors throughout, lots of natural light. Separate private basements with washer and dryer for each unit. Spacious living room with natural fireplace on each floor. Central air! 2 car garage. Great opportunity to own an investment property with solid monthly income! Close to Park west with all that it has to offer: Red Crown, Atwater, Park Grill, Bricks and steps away from Howlers & Growlers, the new gourmet Park Market, and all the nightlife that the Charlevoix district has to offer. Access to two resident only waterfront parks including movie theaters, pools, splash pad, and tennis courts. Occupied through end of April with amazing tenants! With close proximity to downtown Detroit, this place will not last long. 24 hour notice to show. 1st showing lower unit only. 2nd showing upper unit only. All persons must wear booties, gloves and masks provided.

Last Agent to Sell the Property

Michael Defauw

Sine & Monaghan LLC License #6501387091 Listed on: 12/16/2020

Sine & Monaghan LLC

Last Buyer's Agent

Miles Knight

Sine & Monaghan LLC License #6501420542

Sine & Monaghan LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1948 | Remodeled in 2016

Lot Details

  • Lot Dimensions are 34 x 101 x34 x 101
  • Fenced

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,260 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Natural lighting in basement
  • Carbon Monoxide Detectors

Outdoor Features

  • Covered patio or porch

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 39007020077000

Community Details

Overview

  • 2 Units
  • Somerset Road Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,314

Year Built

Built in 1948 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1948
  • State Equalized Value: 105100.0000
  • Year Renovated: 2016
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Daylight, 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
  • Foundation Materials: Block, Brick
  • Frontage Feet: 34
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Hot Water
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Water at Street
  • Laundry Facilities: No

Schools

  • School District: Grosse Pointe

Lot Info

  • Lot Dimensions: 34 X 101 X34 X 101
  • Parcel Number: 39007020077000
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1650

Tax Info

  • Tax Amount Summer: 2454.5700
  • Tax Amount Winter: 3859.6200
  • Total Tax: 6314.1900
  • Taxable Value: 96499.0000

Multi Family

  • Gross Scheduled Income: 19800.00
  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Two Bedroom Units: 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

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Range of Values:

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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

  • Michael Defauw

    Seller's Agent in 2021

    Michael Defauw

    Sine & Monaghan LLC

    (313) 820-5428

    86 in this area

    216 Total Sales

    Michael Defauw
    Section Image

  • M

    Buyer's Agent in 2021

    Miles Knight

    Sine & Monaghan LLC

    Section Image

  • R

    Seller's Agent in 2018

    Risea Lawrence

    Rocket Homes Real Estate LLC

    Risea Lawrence
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2200099199

Realcomp

APN: 39-007-02-0077-000

Michigan Wayne County Grosse Pointe Park 48230

1358 Somerset Ave Unit 60, Grosse Pointe Park, MI

This home is located at 1358 Somerset Ave Unit 60, Grosse Pointe Park, MI 48230 and is currently priced at $309,000, approximately $136 per square foot. This property was built in 1948. 1358 Somerset Ave Unit 60 is a home located in Wayne County with nearby schools including George Defer Elementary School, Pierce Middle School, and Grosse Pointe South High School.

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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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