NOT LISTED FOR SALE

1378 Somerset Ave Unit 80 Grosse Pointe Park, MI 48230

Estimated Value: $358,000 - $503,000

6 Beds
3 Baths
2,600 Sq Ft
$163/Sq Ft Est. Value

Last Sold September 13, 2021

Last sale price $345,000 $133 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,691/month

Highlights

  • Colonial Architecture
  • Hot Water Heating System
  • 2 Car Garage
  • George Defer Elementary School Rated A

About This Home

As of September 2021

Fantastic Multi Family home located in desirable Grosse Pointe Park. Walk to restaurants, shops and schools and all of the festivities that Grosse Pointe Park hosts on Kercheval and Charlevoix.

Last Agent to Sell the Property

Dino Ricci

Sine & Monaghan LLC License #6501280906 Listed on: 09/13/2021

Sine & Monaghan LLC

Last Buyer's Agent

Charles Gates

Sine & Monaghan LLC License #6501358472

Sine & Monaghan LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • Lot Dimensions are 40x124

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 3 Full Bathrooms
  • 2,600 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 39007020082000

Community Details

Overview

  • 2 Units
  • Somerset Road Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,110

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Tudor
  • Architecture Level: 2 Story
  • Year Built: 1926
  • State Equalized Value: 116900.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2600
  • Total Sq Ft: 2600
  • Sq Ft Total Bsmt: 1300

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Schools

  • School District: Grosse Pointe

Lot Info

  • Lot Dimensions: 40X124
  • Parcel Number: 39007020082000
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes

Tax Info

  • Tax Amount Summer: 2734.4900
  • Tax Amount Winter: 4375.8500
  • Total Tax: 7110.3400
  • Taxable Value: 107504.0000

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Sep 10, 2021
Sold by
Gpp Rentals Llc
Bought by
Spears David
Seller's Agent
Dino Ricci
Sine & Monaghan LLC
Buyer's Agent
Charles Gates
Sine & Monaghan LLC
Sold Price
$345,000
Current Estimated Value
$422,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,928
Avg. Annual Appreciation
4.45%
Original Mortgage
$327,750
Outstanding Balance
$301,057
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$106,726

Purchase Details

Closed on
Dec 18, 2019
Sold by
Sanders James and Sanders Gretchen
Bought by
Gpp Rentals Llc

Purchase Details

Listed on
Mar 19, 2018
Closed on
Jul 2, 2018
Sold by
Safadi Remon G and Safadi George
Bought by
Sanders James and Sanders Gretchen
Seller's Agent
Tim Bledsoe
@properties Christie's Int'l RE Grosse Pointe
Buyer's Agent
Dino Ricci
Sine & Monaghan LLC
List Price
$249,000
Sold Price
$246,900
Premium/Discount to List
-$2,100
-0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
Mar 23, 2011
Sold by
Lech Robert J
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Mar 12, 2007
Sold by
Lech Robert J
Bought by
Somerset Ventures Llc
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
Spears David $345,000 Ata National Title Group Llc
Gpp Rentals Llc -- None Available
Sanders James $246,900 Dveon Title Agency
Federal Home Loan Mortgage Corp $161,740 None Available
Somerset Ventures Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spears David $327,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2021 09/13/21 Sold $345,000 +31263.6% $133 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
10/01/2018 10/01/18 Rented $1,100 -8.3% --
09/27/2018 09/27/18 Under Contract -- -- --
09/14/2018 09/14/18 For Rent $1,200 0.0% --
07/02/2018 07/02/18 Sold $246,900 +2.9% $95 / Sq Ft
05/12/2018 05/12/18 Pending -- -- --
05/07/2018 05/07/18 Price Changed $239,999 -2.8% $92 / Sq Ft
04/17/2018 04/17/18 Price Changed $246,900 -0.8% $95 / Sq Ft
04/14/2018 04/14/18 Price Changed $248,999 0.0% $96 / Sq Ft
03/27/2018 03/27/18 For Sale $249,000 0.0% $96 / Sq Ft
03/21/2018 03/21/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $249,000 +246.8% $96 / Sq Ft
04/12/2012 04/12/12 Sold $71,800 -13.5% $28 / Sq Ft
01/13/2012 01/13/12 Pending -- -- --
12/20/2011 12/20/11 For Sale $83,000 -- $32 / 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 $4,264 $171,700 $0 $0
2023 $3,707 $161,600 $0 $0
2022 $3,521 $141,900 $0 $0
2021 $5,510 $124,400 $0 $0
2019 $7,003 $105,500 $0 $0
2018 $2,145 $87,700 $0 $0
2017 $6,856 $57,900 $0 $0
2016 $5,472 $81,100 $0 $0
2015 $8,490 $84,900 $0 $0
2013 $8,370 $85,300 $0 $0
2012 $1,977 $89,500 $23,200 $66,300
Source: Public Records

Agents Affiliated with this Home

  • Dino Ricci

    Seller's Agent in 2021

    Dino Ricci

    Sine & Monaghan LLC

    (313) 460-2225

    10 in this area

    132 Total Sales

    Dino Ricci
    Section Image

  • C

    Buyer's Agent in 2021

    Charles Gates

    Sine & Monaghan LLC

    Section Image
  • Tim Bledsoe

    Seller's Agent in 2018

    Tim Bledsoe

    @properties Christie's Int'l RE Grosse Pointe

    (313) 737-2006

    29 Total Sales

    Tim Bledsoe
    Section Image
  • Darralyn Bowers

    Seller's Agent in 2012

    Darralyn Bowers

    Bowers Realty & Investments, Inc

    (248) 557-1200

    69 Total Sales

    Darralyn Bowers
    Section Image

  • C

    Buyer's Agent in 2012

    Creola Johnson

    Temporary Inactive Users

    Section Image
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Map

Source: Realcomp

MLS Number: 2210076873

Realcomp

APN: 39-007-02-0082-000

Michigan Wayne County Grosse Pointe Park 48230

1378 Somerset Ave Unit 80, Grosse Pointe Park, MI

This home is located at 1378 Somerset Ave Unit 80, Grosse Pointe Park, MI 48230 since 13 September 2021 and is currently estimated at $422,928, approximately $162 per square foot. This property was built in 1926. 1378 Somerset Ave Unit 80 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
Copyright 2025 Realcomp II Ltd. Shareholders
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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