NOT LISTED FOR SALE

5582 Somerset Ave Detroit, MI 48224

Morningside Neighborhood

Estimated Value: $98,000 - $148,000

3 Beds
1 Bath
1,573 Sq Ft
$79/Sq Ft Est. Value

About This Home

This home is located at 5582 Somerset Ave, Detroit, MI 48224 and is currently estimated at $124,213, approximately $78 per square foot. 5582 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
Nov 10, 2015
Sold by
Treasurer Of The Charter County Of Wayne
Bought by
Mumphord Tahnia
Current Estimated Value
$124,213

Purchase Details

Closed on
Apr 5, 2012
Sold by
Stonecrest Income & Opportunity Fund I L
Bought by
Alton Serena

Purchase Details

Closed on
Dec 15, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Stonecrest Income & Opportunity Fund 1 L

Purchase Details

Closed on
May 1, 2008
Sold by
Jackson Linda
Bought by
Deutsche Bank National Trust Co and Argent Mortgage Loan Trust 2005-W1 Asset

Purchase Details

Closed on
Nov 10, 2005
Sold by
Jackson Linda
Bought by
Deutsche Bank National Trust Co and Registered Holders Of Argent Mortgage Lo

Purchase Details

Closed on
Feb 28, 2005
Sold by
Jackson Lantrese
Bought by
Jackson Linda

Purchase Details

Closed on
Apr 21, 2003
Sold by
Jackson Nicole
Bought by
Jackson Lantrese
Source: Public Records

Range of Values:

Collateral Analytics

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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
Mumphord Tahnia $5,900 None Available
Alton Serena $800 None Available
Stonecrest Income & Opportunity Fund 1 L -- None Available
Deutsche Bank National Trust Co $101,390 None Available
Deutsche Bank National Trust Co $102,056 None Available
Jackson Linda $107,000 Tri County Title Agency Inc
Jackson Lantrese -- First American Title
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 $1,417 $53,300 $0 $0
2024 $1,417 $43,900 $0 $0
2023 $1,134 $34,400 $0 $0
2022 $1,820 $29,700 $0 $0
2021 $1,528 $23,900 $0 $0
2020 $1,767 $22,000 $0 $0
2019 $1,739 $20,000 $0 $0
2018 $1,513 $17,500 $0 $0
2017 $307 $16,200 $0 $0
2016 $2,028 $23,700 $0 $0
2015 $2,128 $23,700 $0 $0
2013 $2,061 $31,999 $0 $0
2010 -- $1,228 $1,227 $1
Source: Public Records

Map

Michigan Wayne County Detroit 48224 Morningside

5582 Somerset Ave, Detroit, MI

This home is located at 5582 Somerset Ave, Detroit, MI 48224 and is currently estimated at $124,213, approximately $78 per square foot. 5582 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.

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