NOT LISTED FOR SALE

1418 Somerset Ave Unit 1418 Grosse Pointe Park, MI 48230

Estimated Value: $306,000 - $393,405

3 Beds
1 Bath
1,431 Sq Ft
$246/Sq Ft Est. Value

Highlights

  • No HOA
  • 1 Car Detached Garage
  • 1-Story Property
  • George Defer Elementary School Rated A
  • Porch
  • Ceiling Fan

About This Home

As of August 2022

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.

Last Agent to Rent the Property

Alan Holland

Lambrecht Realty LLC License #6506047724 Listed on: 07/31/2022

Last Renter's Agent

Paul Maiale

Jim Saros Real Estate Services License #6501441320

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,934

Year Built

  • Built in 1926 | Remodeled in 2019

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00 x 119.00

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,431 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Electric Oven
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Somerset Road Sub Subdivision

Listing and Financial Details

  • Security Deposit $23,903
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 50.00
  • Assessor Parcel Number 39007020089000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,934

Year Built

Built in 1926 | Remodeled in 2019

Lot Details

0

Rental Info

  • Application Fee: 50.00
  • Lease Type: Apartments
  • Rent Includes: Water/Sewer, Snow Removal, Trash Collection (Garbage Pickup), Water, Yard Maintenance
  • Security Deposit: 23902.50

Listing Details

  • Property Type: Residential
  • Architecture Level: 1 Story
  • Year Built: 1926
  • Year Renovated: 2019
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Call
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Disposal, Dryer, Free-Standing Electric Oven, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1431
  • Total Sq Ft: 1431
  • Sq Ft Total Bsmt: 1431

Exterior Features

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

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Radiant
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Water at Street
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Pointe

Lot Info

  • List Price per Acre: 14500.0000
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00 x 119.00
  • Parcel Number: 39007020089000

Multi Family

  • Length of Lease: 12 Months, 13-24 Months

MLS Schools

  • School District: Grosse Pointe

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
$351,851

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
$134,447
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$206,098
Source: Public Records

Range of Values:

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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 -- --
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 $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

    Landlord's Agent in 2022

    Alan Holland

    Lambrecht Realty LLC

    (805) 717-7662

    4 in this area

    37 Total Sales

    Alan Holland
    Section Image
  • Paul Maiale

    Tenant's Agent in 2022

    Paul Maiale

    Jim Saros Real Estate Services

    (313) 886-9030

    2 in this area

    25 Total Sales

    Paul Maiale
    Section Image
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Map

Source: Realcomp

MLS Number: 20221025391

Realcomp

APN: 39-007-02-0089-000

Michigan Wayne County Grosse Pointe Park 48230

1418 Somerset Ave Unit 1418, Grosse Pointe Park, MI

This home is located at 1418 Somerset Ave Unit 1418, Grosse Pointe Park, MI 48230 since 31 July 2022 and is currently priced at $351,851. This property was built in 1926. 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.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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