NOT LISTED FOR SALE

5542 Somerset Ave Detroit, MI 48224

Morningside Neighborhood

Estimated Value: $69,000 - $175,265

6 Beds
2 Baths
2,162 Sq Ft
$60/Sq Ft Est. Value

About This Home

This home is located at 5542 Somerset Ave, Detroit, MI 48224 and is currently estimated at $130,316, approximately $60 per square foot. 5542 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
May 31, 2019
Sold by
Inman Octravenna
Bought by
Inman Hassan
Current Estimated Value
$130,316

Purchase Details

Closed on
Nov 11, 2014
Sold by
Treasurer Of The Charter County Of Wayne
Bought by
Inman Octravenna M

Purchase Details

Closed on
Oct 2, 2006
Sold by
Mortgage Electronic Registration Systems
Bought by
Dlj Mortgage Capital Inc

Purchase Details

Closed on
Feb 15, 2006
Sold by
Peterson Tobi
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Jan 5, 2005
Sold by
Phillips Hunter Diane
Bought by
Peterson Tobi
Source: Public Records

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Inman Hassan -- None Available
Inman Octravenna M $500 None Available
Dlj Mortgage Capital Inc -- None Available
Mortgage Electronic Registration Systems $115,523 None Available
Peterson Tobi $135,000 Colonial Title Company
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 $1,255 $64,700 $0 $0
2024 $1,255 $53,400 $0 $0
2023 $1,464 $41,900 $0 $0
2022 $1,556 $38,100 $0 $0
2021 $1,573 $32,100 $0 $0
2020 $1,498 $29,600 $0 $0
2019 $1,553 $26,500 $0 $0
2018 $1,371 $23,200 $0 $0
2017 $249 $21,500 $0 $0
2016 $1,497 $15,300 $0 $0
2015 $1,530 $15,300 $0 $0
2013 $2,058 $20,581 $0 $0
2010 -- $30,174 $1,224 $28,950
Source: Public Records

Map

Michigan Wayne County Detroit 48224 Morningside

5542 Somerset Ave, Detroit, MI

This home is located at 5542 Somerset Ave, Detroit, MI 48224 and is currently estimated at $130,316, approximately $60 per square foot. 5542 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.

Nearby Homes