NOT LISTED FOR SALE

1442 Somerset Ave Unit 44 Grosse Pointe Park, MI 48230

Estimated Value: $359,000 - $370,835

6 Beds
2 Baths
2,754 Sq Ft
$132/Sq Ft Est. Value

Last Sold May 28, 2015

Last sale price $130,000 $47 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $2,193/month

15 Days on Market

Highlights

  • Forced Air Heating System
  • George Defer Elementary School Rated A
  • 4 Car Garage

About This Home

As of May 2015

Solid brick duplex! Excellent opportunity for an investor to have a nice cash flow or home owner to live on one side and rent the other. Each unit has three bedrooms and one bathroom. Property has leaded glass, cove ceilings, hardwood floors, separate basements, separate utilities and a two car garage. Vacant lot next door is also included in the price.

Last Agent to Sell the Property

Matthew Praet

Temporary Inactive Users License #6501318660 Listed on: 03/24/2015

Temporary Inactive Users

Last Buyer's Agent

Ramona Green

Real Living Kee Realty-SCS License #RCO-6501368152

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x110

Parking

  • 4 Car Garage

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 2,754 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units
  • Somerset Road Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 39007020095000

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 383
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 2754
  • Total Sq Ft: 2754
  • Sq Ft Total Bsmt: 2000

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 50
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Water at Street
  • Laundry Facilities: No

Schools

  • School District: Grosse Pointe

Lot Info

  • List Price per Acre: 1166666.6667
  • Lot Size Area: 0.12
  • Lot Dimensions: 50x110
  • Parcel Number: 39007020095000
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 2070.0000
  • Tax Amount Winter: 3177.0000
  • Total Tax: 5247.0000

Multi Family

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

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2008
Sold by
Economou Ambur L
Bought by
Economou Amber L and Ambur L Economou Revocable Trust
Current Estimated Value
$363,209

Purchase Details

Closed on
Aug 1, 2006
Sold by
Gennette Thomas and Cooper George
Bought by
Economou Ambur L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,700
Interest Rate
6.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 26, 2004
Sold by
The Ambur L Economou Revocable Trust
Bought by
Adams Matthew D
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
Economou Amber L -- None Available
Economou Ambur L $203,000 Multiple
Adams Matthew D $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Matthew D $104,000
Previous Owner Economou Ambur L $182,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2015 05/28/15 Sold $130,000 -7.1% $47 / Sq Ft
04/08/2015 04/08/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $140,000 -- $51 / 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 $2,242 $149,700 $0 $0
2023 $2,141 $141,100 $0 $0
2022 $2,110 $124,500 $0 $0
2021 $4,615 $109,900 $0 $0
2019 $4,613 $95,100 $0 $0
2018 $1,940 $79,300 $0 $0
2017 $5,618 $50,100 $0 $0
2016 $4,932 $76,200 $0 $0
2015 $7,900 $79,000 $0 $0
2013 -- $79,400 $0 $0
2012 $2,201 $83,100 $23,300 $59,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Matthew Praet

    Temporary Inactive Users

    Section Image

  • R

    Buyer's Agent in 2015

    Ramona Green

    Real Living Kee Realty-SCS

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Map

Source: Realcomp

MLS Number: 215025394

Realcomp

APN: 39-007-02-0095-000

Michigan Wayne County Grosse Pointe Park 48230

1442 Somerset Ave Unit 44, Grosse Pointe Park, MI

This home is located at 1442 Somerset Ave Unit 44, Grosse Pointe Park, MI 48230 since 24 March 2015 and is currently estimated at $363,209, approximately $131 per square foot. This property was built in 1924. 1442 Somerset Ave Unit 44 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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