NOT LISTED FOR SALE

5064 Somerset Ave Detroit, MI 48224

Morningside Neighborhood

Estimated Value: $71,000 - $127,000

2 Beds
1.5 Baths
1,221 Sq Ft
$83/Sq Ft Est. Value

Last Sold March 18, 2020

Last sale price $26,500 $22 Per Sq Ft

Est. 283% increase in value since last sale

Current estimated payment $663/month

15 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Bungalow
  • Cass Technical High School Rated 10
  • Porch
  • Forced Air Heating System

About This Home

As of March 2020

Don't miss out on this great 2 possible three bedroom brick home.Land contract terms available at $45,000 purchase price.Buyer and buyer's agent to verify all data and information.All reasonable/serious offers considered.

Last Agent to Sell the Property

David Dorsey

A Star National Realty License #6501253651 Listed on: 02/18/2020

Last Buyer's Agent

Mohamed Sobh

Ace of Real Estate LLC License #RCO-6502426338

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936 | Remodeled in 2007

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x124
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,221 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

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

Additional Features

  • Porch
  • Ground Level

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number W21I067108S

Home Details

Home Type

Single Family

Year Built

Built in 1936 | Remodeled in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1936
  • State Equalized Value: 12700.0000
  • Year Renovated: 2007
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1221

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 274166.6667
  • Lot Size Area: 0.12
  • Lot Dimensions: 40x124
  • Parcel Number: W21I067108S

Rental Info

  • Deposit Amount: 25000.00

Tax Info

  • Tax Amount Summer: 1040.0000
  • Tax Amount Winter: 95.0000
  • Total Tax: 1135.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2020
Closed on
Mar 18, 2020
Sold by
Dacosta Joan L
Bought by
Jackson Alexandra
Seller's Agent
David Dorsey
A Star National Realty
Buyer's Agent
Mohamed Sobh
Ace of Real Estate LLC
List Price
$37,900
Sold Price
$26,500
Premium/Discount to List
-$11,400
-30.08%
Current Estimated Value
$101,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,043
Avg. Annual Appreciation
27.00%

Purchase Details

Closed on
Apr 20, 2000
Sold by
Denard Jimmie L
Bought by
Dacosta Joan L
Source: Public Records

Range of Values:

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Average Value
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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
Jackson Alexandra $26,500 Bell Ttl Agcy Of Plymouth Li
Dacosta Joan L $35,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2020 03/18/20 Sold $26,500 -19.5% $22 / Sq Ft
03/02/2020 03/02/20 Price Changed $32,900 -13.2% $27 / Sq Ft
02/18/2020 02/18/20 For Sale $37,900 -- $31 / 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 $1,562 $33,300 $0 $0
2024 $1,562 $27,200 $0 $0
2023 $1,517 $21,400 $0 $0
2022 $1,621 $19,100 $0 $0
2021 $1,576 $15,300 $0 $0
2020 $1,242 $14,200 $0 $0
2019 $1,136 $12,700 $0 $0
2018 $1,001 $11,400 $0 $0
2017 $184 $10,500 $0 $0
2016 $1,094 $11,300 $0 $0
2015 $1,130 $11,300 $0 $0
2013 $1,519 $15,190 $0 $0
2010 -- $22,271 $1,221 $21,050
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    David Dorsey

    A Star National Realty

    Section Image
  • Mohamed Sobh

    Buyer's Agent in 2020

    Mohamed Sobh

    Ace of Real Estate LLC

    (313) 703-0093

    58 Total Sales

    Mohamed Sobh
    Section Image
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Map

Source: Realcomp

MLS Number: 2200013323

Realcomp

APN: 21-067108

Michigan Wayne County Detroit 48224 Morningside

5064 Somerset Ave, Detroit, MI

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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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