NOT LISTED FOR SALE

3966 Somerset Ave Detroit, MI 48224

Morningside Neighborhood

Estimated Value: $119,000 - $170,419

3 Beds
4 Baths
1,490 Sq Ft
$98/Sq Ft Est. Value

About This Home

This home is located at 3966 Somerset Ave, Detroit, MI 48224 and is currently estimated at $146,605, approximately $98 per square foot. 3966 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2005
Sold by
Nelson Faydra and Khidr Faydra
Bought by
Nelson Faydra
Current Estimated Value
$146,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,600
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Nelson Faydra -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cyars Faydra Maressa $56,400
Closed Nelson Faydra $159,600
Source: Public Records

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 $1,426 $55,400 $0 $0
2024 $1,426 $45,900 $0 $0
2023 $1,628 $36,200 $0 $0
2022 $1,741 $28,000 $0 $0
2021 $1,451 $22,700 $0 $0
2020 $1,690 $20,400 $0 $0
2019 $63 $800 $0 $0
2018 $41 $700 $0 $0
2017 $13 $700 $0 $0
2016 $325 $1,300 $0 $0
2015 $120 $1,300 $0 $0
2013 $117 $1,268 $0 $0
2010 -- $1,268 $1,267 $1
Source: Public Records

Map

Michigan Wayne County Detroit 48224 Morningside

3966 Somerset Ave, Detroit, MI

This home is located at 3966 Somerset Ave, Detroit, MI 48224 and is currently estimated at $146,605, approximately $98 per square foot. 3966 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.

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