NOT LISTED FOR SALE

1420 Somerset Ave Unit 22 Grosse Pointe Park, MI 48230

Estimated Value: $356,000 - $360,000

6 Beds
3 Baths
2,704 Sq Ft
$132/Sq Ft Est. Value

Last Sold October 31, 2016

Last sale price $180,000 $67 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,176/month

1 Day on Market

Highlights

  • Porch
  • Forced Air Heating and Cooling System
  • Garage
  • George Defer Elementary School Rated A
  • Humidifier
  • Laundry Facilities

About This Home

As of October 2016

Beautifully maintained & updated brick duplex in Grosse Pointe Park w/Grosse Pointe Schools and Parks. The lower unit is 3 bedrooms 1 bath with hardwood flrs., and the original leaded glass windows and doors. The upper unit has 3 bedreooms and 1 bath on the main level with hardwood flrs., and a finished attic with a full bath & 2 large additional rooms that could possibly be used as bedrooms. The home has updated electrical, hot water, high efficiency furnaces, and new wallside windows. This home also has a new front porch. The home has rental C of O from the City. The upper unit is leased for $1000 per month for 12 months commencing at 12 noon on 9/1/16. The lower unit is leased at $900 per month for 24 months commencing at 12 noon on 9/15/15 (tenant has expressed an interest in extending her lease). Purchase is subject to tenants rights.

Last Agent to Sell the Property

John Xuereb

KW Platinum License #6501370759 Listed on: 09/02/2016

KW Platinum

Last Buyer's Agent

Michael Defauw

Sine & Monaghan LLC License #6501387091

Sine & Monaghan LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00x110.00
  • Fenced

Parking

  • Garage

Home Design

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

Interior Spaces

  • 3 Full Bathrooms
  • 2,704 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 39007020090000

Community Details

Overview

  • 2 Units
  • Somerset Road Sub Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 267.5
  • Year Built: 1925
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Humidifier, Laundry Facility
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2704
  • Total Sq Ft: 2704
  • Sq Ft Total Bsmt: 1352

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exclusions: Yes
  • Exterior Features: Fenced
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 40
  • Porch Type: Porch
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • MF Parking: Garages

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Grosse Pointe

Lot Info

  • List Price per Acre: 1900000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00X110.00
  • Parcel Number: 39007020090000
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1900

Tax Info

  • Tax Amount Summer: 1925.0000
  • Tax Amount Winter: 3026.0000
  • Total Tax: 4951.0000

Multi Family

  • Gross Scheduled Income: 22800.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2019
Sold by
Teh Investments Ltd
Bought by
1420 1422 Somerset Investments Llc
Current Estimated Value
$357,695

Purchase Details

Listed on
Sep 2, 2016
Closed on
Dec 28, 2016
Sold by
Hauser Thomas and Hauser Erin
Bought by
Teh Investments A Limited Liability Comp
Seller's Agent
John Xuereb
KW Platinum
Buyer's Agent
Michael Defauw
Sine & Monaghan LLC
List Price
$190,000
Sold Price
$180,000
Premium/Discount to List
-$10,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%

Purchase Details

Listed on
Sep 2, 2016
Closed on
Oct 28, 2016
Sold by
Bryant Christopher and Bryant Rachel N
Bought by
Hauser Erin E
Seller's Agent
John Xuereb
KW Platinum
Buyer's Agent
Michael Defauw
Sine & Monaghan LLC
List Price
$190,000
Sold Price
$180,000
Premium/Discount to List
-$10,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2006
Sold by
Fricke Stanley Thomas and Shimoji Mika
Bought by
Bryant Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.33%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 20, 2000
Sold by
Teall Graham L
Bought by
Fricke Stanley T
Source: Public Records

Range of Values:

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Average Value
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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
1420 1422 Somerset Investments Llc -- None Available
Teh Investments A Limited Liability Comp -- None Available
Hauser Erin E $180,000 Sterling Title Agency
Bryant Christopher $190,000 Greco
Fricke Stanley T $193,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hauser Thomas E $135,000
Previous Owner Bryant Christopher S $55,020
Previous Owner Bryant Christopher $55,000
Previous Owner Bryant Christopher $196,500
Previous Owner Bryant Christopher $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2016 10/31/16 Sold $180,000 -5.3% $67 / Sq Ft
09/03/2016 09/03/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $190,000 -- $70 / 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 $2,408 $154,900 $0 $0
2023 $2,300 $145,900 $0 $0
2022 $2,185 $128,600 $0 $0
2021 $5,606 $113,300 $0 $0
2019 $5,476 $96,200 $0 $0
2018 $2,083 $81,600 $0 $0
2017 $6,675 $52,200 $0 $0
2016 $5,071 $74,900 $0 $0
2015 $7,830 $78,300 $0 $0
2013 -- $78,700 $0 $0
2012 $2,183 $82,400 $23,200 $59,200
Source: Public Records

Agents Affiliated with this Home

  • John Xuereb

    Seller's Agent in 2016

    John Xuereb

    KW Platinum

    (313) 574-1164

    15 Total Sales

    John Xuereb
    Section Image
  • Michael Defauw

    Buyer's Agent in 2016

    Michael Defauw

    Sine & Monaghan LLC

    (313) 820-5428

    86 in this area

    216 Total Sales

    Michael Defauw
    Section Image
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Map

Source: Realcomp

MLS Number: 216087688

Realcomp

APN: 39-007-02-0090-000

Michigan Wayne County Grosse Pointe Park 48230

1420 Somerset Ave Unit 22, Grosse Pointe Park, MI

This home is located at 1420 Somerset Ave Unit 22, Grosse Pointe Park, MI 48230 since 02 September 2016 and is currently estimated at $357,695, approximately $132 per square foot. This property was built in 1925. 1420 Somerset Ave Unit 22 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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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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