NOT LISTED FOR SALE

5245 Somerset Ave Detroit, MI 48224

Morningside Neighborhood

Estimated Value: $95,769 - $154,000

3 Beds
3 Baths
1,400 Sq Ft
$82/Sq Ft Est. Value

About This Home

This home is located at 5245 Somerset Ave, Detroit, MI 48224 and is currently estimated at $114,442, approximately $81 per square foot. 5245 Somerset Ave is a home located in Wayne County with nearby schools including Ronald Brown Academy, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2024
Sold by
Detroit Land Bank Authority
Bought by
Watkins Dedrick
Current Estimated Value
$114,442

Purchase Details

Closed on
Apr 17, 2018
Sold by
Brooks Daneil
Bought by
Van Kassab Poa Nv Investments Llc

Purchase Details

Closed on
Aug 2, 2017
Sold by
Brookins Construction Trade School
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
Jan 6, 2011
Sold by
Wojtowicz Raymond J
Bought by
Planning & Development Dept City Of Detr

Purchase Details

Closed on
Nov 20, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
National Asset Management Group Inc

Purchase Details

Closed on
Oct 23, 2006
Sold by
Macerelli Steven
Bought by
Equity Properties Inc

Purchase Details

Closed on
Oct 18, 2006
Sold by
Macerelli Steven E
Bought by
Deutsche Bank National Trust Co and Argent Mortgage Securities Inc

Purchase Details

Closed on
Apr 30, 2002
Sold by
Wolfe Charles D
Bought by
Macerelli Steven E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.56%

Purchase Details

Closed on
Mar 26, 1997
Sold by
United Companies Lending
Bought by
Charles D Wolfe

Purchase Details

Closed on
Jun 28, 1994
Sold by
City Of Detroit
Bought by
Rose Reid
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Watkins Dedrick $11,300 None Listed On Document
Van Kassab Poa Nv Investments Llc $3,500 None Available
Detroit Land Bank Authority -- None Available
Brookins Construction Trade School $1,920 None Available
Planning & Development Dept City Of Detr -- None Available
National Asset Management Group Inc $611 Security Title
Equity Properties Inc -- None Available
Deutsche Bank National Trust Co $101,672 None Available
Macerelli Steven E $90,000 --
Charles D Wolfe $39,000 --
Rose Reid $8,335 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Macerelli Steven E $85,500
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 $1,424 $18,800 $0 $0
2024 $1,424 $15,000 $0 $0
2023 $870 $11,210 $0 $0
2022 $921 $10,600 $0 $0
2021 $898 $8,600 $0 $0
2020 $898 $7,900 $0 $0
2019 $886 $7,300 $0 $0
2018 $240 $0 $0 $0
2017 -- $0 $0 $0
2016 $240 $0 $0 $0
2015 $2,372 $0 $0 $0
2013 $2,372 $0 $0 $0
2010 -- $31,906 $1,206 $30,700
Source: Public Records

Map

Michigan Wayne County Detroit 48224 Morningside

5245 Somerset Ave, Detroit, MI

This home is located at 5245 Somerset Ave, Detroit, MI 48224 and is currently estimated at $114,442, approximately $81 per square foot. 5245 Somerset Ave is a home located in Wayne County with nearby schools including Ronald Brown Academy, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

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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