NOT LISTED FOR SALE

4651 Somerset Ave Detroit, MI 48224

Morningside Neighborhood

Estimated Value: $106,000 - $166,000

4 Beds
1 Bath
1,599 Sq Ft
$84/Sq Ft Est. Value

Last Sold February 10, 2012

Last sale price $4,000 $3 Per Sq Ft

Est. 3,269% increase in value since last sale

Current estimated payment $810/month

45 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • 2 Car Detached Garage

About This Home

As of February 2012

Bank owned, foreclosure, "As-is sale" . Buyer to sign ACR w/City prior to close. 4 bedroom brick cape cod w/ hardwood floors. Natural fireplace in living room. Needs some tlc, but priced to move. Bring all offers

Last Agent to Sell the Property

Gene Kelley

Real Estate One-Southfield License #6501293908 Listed on: 11/07/2011

Real Estate One-Southfield

Last Buyer's Agent

Gene Kelley

Real Estate One-Southfield License #6501293908 Listed on: 11/07/2011

Real Estate One-Southfield

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • Lot Dimensions are 40x120

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,599 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • East Detroit Development Cos No 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I067540S

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod
  • Architecture Level: 1 1/2 Story
  • Assessment: YES
  • Year Built: 1928
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1599
  • Total Sq Ft: 1599

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • Lot Dimensions: 40X120
  • Parcel Number: W21I067540S

Tax Info

  • Tax Amount Summer: 1643.0000
  • Tax Amount Winter: 196.0000
  • Total Tax: 1839.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2013
Sold by
Chisolm Gwendolyn
Bought by
Davis Tiffany
Current Estimated Value
$134,777

Purchase Details

Listed on
Nov 7, 2011
Closed on
Feb 2, 2012
Sold by
Michigan First Credit Union
Bought by
Chisholm Gwendolyn
Seller's Agent
Gene Kelley
Real Estate One-Southfield
Buyer's Agent
Gene Kelley
Real Estate One-Southfield
List Price
$7,900
Sold Price
$4,000
Premium/Discount to List
-$3,900
-49.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.25%

Purchase Details

Closed on
Feb 9, 2011
Sold by
Fields Mary
Bought by
Michigan First Credit Union
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
Davis Tiffany -- Attorney
Chisholm Gwendolyn $4,000 Capital Title Ins Agency
Michigan First Credit Union $70,603 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2012 02/10/12 Sold $4,000 -49.4% $3 / Sq Ft
12/22/2011 12/22/11 Pending -- -- --
11/07/2011 11/07/11 For Sale $7,900 -- $5 / 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
2025 $1,177 $55,400 $0 $0
2024 $1,177 $45,900 $0 $0
2023 $1,040 $36,200 $0 $0
2022 $1,383 $27,500 $0 $0
2021 $1,348 $22,300 $0 $0
2020 $1,389 $20,100 $0 $0
2019 $1,313 $16,800 $0 $0
2018 $1,117 $15,100 $0 $0
2017 $277 $14,600 $0 $0
2016 $1,344 $18,300 $0 $0
2015 $1,830 $18,300 $0 $0
2013 $2,473 $24,728 $0 $0
2010 -- $36,255 $1,187 $35,068
Source: Public Records

Agents Affiliated with this Home

  • Gene Kelley

    Seller's Agent in 2012

    Gene Kelley

    Real Estate One

    (248) 506-1257

    3 in this area

    130 Total Sales

    Gene Kelley
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Map

Source: Realcomp

MLS Number: 211116622

Realcomp

APN: 21-067540

Michigan Wayne County Detroit 48224 Morningside

4651 Somerset Ave, Detroit, MI

This home is located at 4651 Somerset Ave, Detroit, MI 48224 since 07 November 2011 and is currently estimated at $134,777, approximately $84 per square foot. This property was built in 1928. 4651 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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