NOT LISTED FOR SALE

1375 Somerset Ave Unit 1377 Grosse Pointe Park, MI 48230

Estimated Value: $333,000 - $515,000

4 Beds
2 Baths
2,754 Sq Ft
$153/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $295,000 $107 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,617/month

Highlights

  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • 2 Car Garage
  • George Defer Elementary School Rated A
  • Hot Water Heating System

About This Home

As of November 2020

This home is located at 1375 Somerset Ave Unit 1377, Grosse Pointe Park, MI 48230 since 02 November 2020 and is currently estimated at $420,147, approximately $152 per square foot. This property was built in 1924. 1375 Somerset Ave Unit 1377 is a home located in Wayne County with nearby schools including George Defer Elementary School, Pierce Middle School, and Grosse Pointe South High School.

Last Agent to Sell the Property

Kathy Young

Real Estate One GPF License #6502392411 Listed on: 11/02/2020

Real Estate One GPF

Last Buyer's Agent

Ryan Lally

KW Grosse Pointe License #6501398300

KW Grosse Pointe

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00x118.50

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 2,754 Sq Ft Home
  • 2-Story Property
  • Carbon Monoxide Detectors
  • Basement

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units
  • Somerset Road Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 39007020024000
  • $14,750 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,232

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1924
  • State Equalized Value: 121600.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Carbon Monoxide Alarm(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Private
  • Sq Ft Combined: 2754
  • Total Sq Ft: 2754
  • Sq Ft Total Bsmt: 1377

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 40
  • 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, Window Unit(s)
  • Heating: Forced Air, 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

  • List Price per Acre: 2681818.1818
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X118.50
  • Parcel Number: 39007020024000
  • Zoning: Residential

Rental Info

  • Rent Includes: Garbage Pickup, Water/Sewer
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1850

Tax Info

  • Tax Amount Summer: 2423.0000
  • Tax Amount Winter: 3809.0000
  • Total Tax: 6232.0000
  • Taxable Value: 95242.0000

Multi Family

  • Gross Scheduled Income: 22200.00
  • Number Of Units Total: 2
  • Unit Count: 1
  • 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
Nov 2, 2020
Closed on
Nov 24, 2020
Sold by
Vreeken Steven and Cs Lands Llc
Bought by
Mabry Alexis
Seller's Agent
Kathy Young
Real Estate One GPF
Buyer's Agent
Ryan Lally
KW Grosse Pointe
Sold Price
$295,000
Current Estimated Value
$420,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,147
Avg. Annual Appreciation
7.40%
Original Mortgage
$289,656
Outstanding Balance
$261,257
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$149,583

Purchase Details

Listed on
Nov 2, 2020
Closed on
Nov 23, 2020
Sold by
Vreeken Steven and 1375 Somerset Llc
Bought by
Cs Lands Llc
Seller's Agent
Kathy Young
Real Estate One GPF
Buyer's Agent
Ryan Lally
KW Grosse Pointe
Sold Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,656
Outstanding Balance
$261,257
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$149,583
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
Mabry Alexis $295,000 None Available
Cs Lands Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mabry Alexis $289,656
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $295,000 -- $107 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
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 $3,563 $174,200 $0 $0
2023 $3,403 $164,000 $0 $0
2022 $3,233 $144,000 $0 $0
2021 $7,334 $126,100 $0 $0
2019 $6,205 $109,800 $0 $0
2018 $2,361 $92,700 $0 $0
2017 $7,491 $62,600 $0 $0
2016 $4,785 $85,700 $0 $0
2015 $8,980 $89,800 $0 $0
2013 $8,840 $90,200 $0 $0
2012 $2,314 $94,700 $23,100 $71,600
Source: Public Records

Agents Affiliated with this Home

  • Kathy Young

    Seller's Agent in 2020

    Kathy Young

    Real Estate One

    (313) 910-5779

    6 in this area

    29 Total Sales

    Kathy Young
    Section Image
  • Ryan Lally

    Buyer's Agent in 2020

    Ryan Lally

    KW Grosse Pointe

    (313) 288-0434

    16 in this area

    173 Total Sales

    Ryan Lally
    Section Image
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Map

Source: Realcomp

MLS Number: 2200090583

Realcomp

APN: 39-007-02-0024-000

Michigan Wayne County Grosse Pointe Park 48230

1375 Somerset Ave Unit 1377, Grosse Pointe Park, MI

This home is located at 1375 Somerset Ave Unit 1377, Grosse Pointe Park, MI 48230 since 02 November 2020 and is currently estimated at $420,147, approximately $152 per square foot. This property was built in 1924. 1375 Somerset Ave Unit 1377 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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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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