NOT LISTED FOR SALE

1418 Somerset Ave Unit 1418 Grosse Pointe Park, MI 48230

Estimated Value: $284,000 - $376,179

3 Beds
1 Bath
1,431 Sq Ft
$238/Sq Ft Est. Value

About This Home

Recently remodeled upstairs flat, located in the Grosse Pointe School District. This is a 3 bed 1 bath with a spacious 1,400+ sqft that includes dark stainless kitchen appliances. Included in the rent are a washer/dryer, water/sewer, and yard and snow maintenance. The upstairs unit will have exclusive access to the attic area for convenient storage. Master bedroom has a private balcony. The unit also has a shared detached garage for one vehicle with additional storage space. The land-lord is extremely responsive to the tenants needs and maintenance of the property. No smoking, 1-1/2 months security deposit and first months rent due at signing. Tenants income must be approximately 3x monthly rents and credit needs to be 600+. Will consider long term lease. This address falls within the Grosse Pointe Housing Foundation area for students.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2018
Sold by
Smedes Arnold C and Smedes Arnold C
Bought by
Correia Christopher B
Current Estimated Value
$340,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Outstanding Balance
$135,657
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$247,875

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Correia Christopher B $210,000 Ata National Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Correia Christopher B $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Rented $1,595 0.0% --
08/12/2022 08/12/22 Under Contract -- -- --
07/31/2022 07/31/22 For Rent $1,595 -3.3% --
06/18/2018 06/18/18 Rented $1,650 0.0% --
05/22/2018 05/22/18 For Rent $1,650 +3.1% --
04/25/2018 04/25/18 Rented $1,600 0.0% --
04/24/2018 04/24/18 Under Contract -- -- --
04/13/2018 04/13/18 For Rent $1,600 -- --

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 $2,934 $165,600 $0 $0
2023 $2,802 $155,900 $0 $0
2022 $2,662 $137,100 $0 $0
2021 $6,830 $120,400 $0 $0
2019 $6,037 $100,500 $0 $0
2018 $1,961 $82,700 $0 $0
2017 $5,438 $52,100 $0 $0
2016 $4,605 $75,300 $0 $0
2015 $7,750 $77,500 $0 $0
2013 $7,640 $77,900 $0 $0
2012 $2,128 $81,500 $23,200 $58,300
Source: Public Records

Agents Affiliated with this Home

  • Alan Holland

    Seller's Agent in 2022

    Alan Holland

    Lambrecht Realty LLC

    (805) 717-7662

    3 in this area

    37 Total Sales

    Alan Holland
    Section Image
  • Paul Maiale

    Buyer's Agent in 2022

    Paul Maiale

    Jim Saros Real Estate Services

    (313) 886-9030

    1 in this area

    22 Total Sales

    Paul Maiale
    Section Image
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Map

Michigan Wayne County Grosse Pointe Park 48230

1418 Somerset Ave Unit 1418, Grosse Pointe Park, MI

Homes for Sale in Grosse Pointe Park, MI

This home is located at 1418 Somerset Ave Unit 1418, Grosse Pointe Park, MI 48230 and is currently estimated at $340,545, approximately $237 per square foot. 1418 Somerset Ave Unit 1418 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.

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