NOT LISTED FOR SALE

3677 Somerset Ave Detroit, MI 48224

Morningside Neighborhood

Estimated Value: $74,000 - $138,000

3 Beds
1 Bath
1,154 Sq Ft
$96/Sq Ft Est. Value

Last Sold August 01, 2016

Last sale price $1,000 $1 Per Sq Ft

Est. 10,967% increase in value since last sale

Current estimated payment $584/month

About This Home

As of August 2016

HOME IS BEING COMPLETELY REHABED. COLONIAL HOME FOR LEASE, WITH 3 BEDROOMS, 1.5 BATHS, KITCHEN, LIVING ROOM, BASEMENT AND 2 CAR GARAGE. SEC DEP + FIRST MONTHS RENT AND NON REFUNDABLE $250 CLEANING FEE. READY FOR MOVE IN BY 09/15/16.

Last Agent to Sell the Property

Albert Hakim

City Real Estate Group LLC License #MISPE-6502415090 Listed on: 07/14/2016

Last Buyer's Agent

Albert Hakim

City Real Estate Group LLC License #MISPE-6502415090 Listed on: 07/14/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,154 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Community Details

  • Rabauts L C Somerset Drive Subdivision

Listing and Financial Details

  • Assessor Parcel Number 21067597.

Home Details

Home Type

Single Family

Est. Annual Taxes

$38

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 2 Story
  • Year Built: 1950
  • Mail City: Detroit
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 14 x 10
  • Bedroom 2: On Upper Floor, Dimensions: 12 x 10
  • Bedroom 3: On Entry Level, Dimensions: 12 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 6 x 5, On Level: Upper
  • Kitchen: On Entry Level, Dimensions: 10 x 8
  • Living Room: On Entry Level, Dimensions: 12 x 10
  • Below Grade Sq Ft: 554
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1154
  • Total Finished Sq Ft: 1154

Exterior Features

  • Exterior: Brick
  • Foundation: Basement

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Sewer: Public At Street
  • Water: Public Water at Street

Lot Info

  • Assessor Parcel Number: 21067597.
  • Lot Dimensions: 40
  • Acreage: 0.11
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2014, Amount: $760.00
  • Winter Tax: Year: 2014, Amount: $63.00

MLS Schools

  • School District: Detroit City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2016
Closed on
Aug 1, 2016
Sold by
Nimitz Llc
Bought by
Fulcrum Urban Asset Llc
Seller's Agent
Albert Hakim
City Real Estate Group LLC
Buyer's Agent
Albert Hakim
City Real Estate Group LLC
List Price
$1,000
Sold Price
$1,000
Current Estimated Value
$110,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,667
Avg. Annual Appreciation
66.52%

Purchase Details

Closed on
Apr 1, 2015
Sold by
Patton Llc
Bought by
Nimitz Llc

Purchase Details

Closed on
Mar 30, 2015
Sold by
Summit Acquisitions Llc
Bought by
Patton Llc

Purchase Details

Closed on
Feb 15, 2014
Sold by
Artesian Equities Llc
Bought by
Summit Acquisitions Llc

Purchase Details

Closed on
Nov 16, 2012
Sold by
Wayne County Treasurer
Bought by
Artesian Equities Llc

Purchase Details

Closed on
Oct 24, 2003
Sold by
Caffie Janet S and Mickle Janet S
Bought by
Caffie Janet S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
9%
Mortgage Type
New Conventional
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
Fulcrum Urban Asset Llc -- None Available
Nimitz Llc -- None Available
Patton Llc -- None Available
Summit Acquisitions Llc -- None Available
Artesian Equities Llc $1,011 None Available
Caffie Janet S -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caffie Janet S $70,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2016 10/28/16 Rented $800 0.0% --
10/03/2016 10/03/16 Under Contract -- -- --
09/01/2016 09/01/16 For Rent $800 0.0% --
08/01/2016 08/01/16 Sold $1,000 0.0% $1 / Sq Ft
07/14/2016 07/14/16 For Sale $1,000 -- $1 / 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
2025 $38 $1,700 $0 $0
2024 $38 $500 $0 $0
2023 $38 $500 $0 $0
2022 $44 $500 $0 $0
2021 $44 $500 $0 $0
2020 $44 $500 $0 $0
2019 $44 $500 $0 $0
2018 $38 $500 $0 $0
2017 $9 $500 $0 $0
2016 $827 $6,600 $0 $0
2015 $660 $6,600 $0 $0
2013 $1,329 $13,294 $0 $0
2010 -- $19,491 $1,271 $18,220
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Sherri Pickett

    RCH Brokerage Legacy Inc

    (248) 440-2268

    12 Total Sales

    Sherri Pickett
    Section Image
  • Albert Hakim

    Seller's Agent in 2016

    Albert Hakim

    City Real Estate Group LLC

    (313) 800-7653

    5 in this area

    89 Total Sales

    Albert Hakim
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31297096

Michigan Multiple Listing Service

APN: 21-067597

Michigan Wayne County Detroit 48224 Morningside

3677 Somerset Ave, Detroit, MI

This home is located at 3677 Somerset Ave, Detroit, MI 48224 since 14 July 2016 and is currently estimated at $110,667, approximately $95 per square foot. This property was built in 1950. 3677 Somerset Ave is a home located in Wayne County with nearby schools including Edward 'Duke' Ellington Conservatory of Music and Art, Charles L. Spain Elementary-Middle School, and Bates Academy.

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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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