NOT LISTED FOR SALE

1430 Somerset Ave Unit 32 Grosse Pointe Park, MI 48230

Estimated Value: $355,000 - $379,000

6 Beds
2 Baths
2,600 Sq Ft
$140/Sq Ft Est. Value

Last Sold January 31, 2014

Last sale price $127,000 $49 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $2,197/month

128 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Main Floor Bedroom
  • George Defer Elementary School Rated A
  • Wood Flooring
  • Fenced Yard

About This Home

As of January 2014

THIS BRICK 3 BEDROOM MULTI FAMILY UPPER AND LOWER HAS A FIREPLACE WITH BUILT IN BOOKSHELVES IN BOTH UNITS, SOME NATURAL WOODWORK, SEPERATE BASEMENTS. LOWER UNIT HAS HARDWOOD FLOORS.

Last Agent to Sell the Property

Kent Colpaert

Bearing Group License #MISPE-6502334886 Listed on: 06/17/2013

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • Lot Dimensions are 40x120
  • Fenced Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near schools

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 39007020092000

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Originating MLS: MI Real Source
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Colonial
  • Total Tax Amount: 4469
  • Total Tax Year: 2012
  • Year Built: 1924
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Hardwood Floors
  • Fireplace: Yes
  • Fireplace Features: Livroom Fireplace
  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 6
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Formal Dining Room
  • Sub Room Description: First Floor Bedroom, Living Room
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 2600

Exterior Features

  • Construction: Brick
  • Exterior Features: Deck, Fenced Yard, Porch, Sidewalks
  • Frontage: 40
  • Foundation Type: Basement
  • Roads: Paved Street

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2
  • Parking: 2 Spaces, Garage

Utilities

  • Water: Public Water At Street
  • Cooling System: Ceiling Fan(s)
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public At Street

Schools

  • Elementary School: Defer Elementary School
  • Middle School: Pierce Middle School
  • High School: Grosse PointeSouth High School

Lot Info

  • Assessor Parcel Number: 39007020092000
  • Location: Walk To School
  • Lot Dimensions: 40x120
  • Zoning: Multi-Family
  • Map Side Numeric: 5
  • Map Top Alpha: AH
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2012, Amount: $2,073.00
  • Winter Tax: Year: 2012, Amount: $2,395.00
  • Taxable Value: 79700
  • Total Tax: Year: 2012, Amount: $4,469.00
  • SEV Year: 2012

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2020
Sold by
Cornwell Christopher and Hurley Heather A
Bought by
Cornwell Christopher and Hurley Heather A
Current Estimated Value
$364,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2016
Sold by
Cornwell Christopher and Hurley Heather
Bought by
Cornwell Christopher

Purchase Details

Listed on
Jun 17, 2013
Closed on
Jan 29, 2014
Sold by
Fannie Mae
Bought by
Cornwell Christopher
Seller's Agent
Kent Colpaert
Bearing Group
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$99,900
Sold Price
$127,000
Premium/Discount to List
$27,100
27.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Original Mortgage
$146,577
Interest Rate
4.55%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 6, 2012
Sold by
Davis Stanley
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 15, 2003
Sold by
Latham Paul E and Latham Lucy A
Bought by
Davis Stanley R
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
Cornwell Christopher -- Amrock Inc
Cornwell Christopher -- Amrock Llc
Cornwell Christopher -- Attorney
Cornwell Christopher $127,000 Etitle
Federal National Mortgage Association $172,738 None Available
Davis Stanley R $215,250 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurley Heather A $110,000
Closed Cornwell Christopher $110,000
Closed Cornwell Christopher $139,209
Closed Cornwell Christopher $146,577
Previous Owner Davis Stanley R $35,000
Previous Owner Davis Stanley R $176,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2014 01/31/14 Sold $127,000 +27.1% $49 / Sq Ft
10/23/2013 10/23/13 Pending -- -- --
06/17/2013 06/17/13 For Sale $99,900 -- $38 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,242 $152,100 $0 $0
2023 $2,141 $143,400 $0 $0
2022 $2,034 $126,400 $0 $0
2021 $4,011 $111,500 $0 $0
2019 $4,127 $94,700 $0 $0
2018 $1,940 $79,500 $0 $0
2017 $4,518 $50,300 $0 $0
2016 $4,141 $73,400 $0 $0
2015 $7,670 $76,700 $0 $0
2013 -- $77,000 $0 $0
2012 $2,136 $80,600 $23,100 $57,500
Source: Public Records

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31152989

Michigan Multiple Listing Service

APN: 39-007-02-0092-000