NOT LISTED FOR SALE

5040 Somerset Rd Addison, MI 49220

Estimated Value: $137,000 - $233,000

4 Beds
1 Bath
1,274 Sq Ft
$141/Sq Ft Est. Value

About This Home

This home is located at 5040 Somerset Rd, Addison, MI 49220 and is currently estimated at $179,820, approximately $141 per square foot. 5040 Somerset Rd is a home located in Hillsdale County with nearby schools including Addison Elementary School, Addison Middle School, and Addison High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2022
Sold by
Duffey Sarah A and Finnerty Sarah A
Bought by
Duffey Sarah A and Duffey Brent M
Current Estimated Value
$179,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,662
Outstanding Balance
$94,477
Interest Rate
7.08%
Estimated Equity
$85,343

Purchase Details

Closed on
Mar 6, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Finnerty Sarah A and Duffey Brent M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,850
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2009
Sold by
Mers
Bought by
Deutsche Bank National Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,850
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2008
Sold by
Dillaha Delores A
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Sep 1, 2005
Sold by
Flores Charles L
Bought by
Dillaha Delores A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,200
Interest Rate
6.44%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 7, 2001
Bought by
Flores Charles L

Purchase Details

Closed on
Aug 3, 2000
Sold by
Bates Brian
Bought by
Bates Amy J

Purchase Details

Closed on
Dec 27, 1996
Bought by
Bates Brian and Bates Amy J

Purchase Details

Closed on
Sep 22, 1994
Sold by
Dunkin Vicki Lyn and Dunkin Jamie D
Bought by
First National Acceptance Company

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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
Duffey Sarah A -- --
Deutsche Bank National Trust Company -- None Available
Mortgage Electronic Registration Systems $90,580 None Available
Dillaha Delores A $104,000 --
Flores Charles L $78,000 --
Bates Amy J -- --
Bates Brian $24,400 --
First National Acceptance Company $28,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duffey Sarah A $96,662
Previous Owner Finnerty Sarah A $42,850
Previous Owner Dillaha Delores A $83,200
Previous Owner Dillaha Delores A $20,800
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
2024 $316 $48,500 $0 $0
2023 $301 $46,000 $0 $0
2022 $666 $48,700 $0 $0
2021 $646 $39,900 $0 $0
2020 $645 $30,900 $0 $0
2019 $646 $30,600 $0 $0
2018 $612 $27,300 $0 $0
2017 $602 $26,200 $0 $0
2016 $601 $25,000 $0 $0
2015 $254 $25,000 $0 $0
2013 -- $23,430 $0 $0
2012 $240 $21,900 $0 $0
Source: Public Records

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