Sold for $15,000

$15,000

3911 Somerset Ave, Detroit, MI 48224

3beds

912sqft

Single Family Residence

Built in 1950

4,791 Square Feet Lot

$102,700 Zestimate^®

$16/sqft

$1,325 Estimated rent

Home value

$102,700

$68,000 - $145,000

$1,325/mo

Zestimate^® history

Owner options

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$1,325/mo

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$1,325/mo

Rent Zestimate^®

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$86/mo

Est. payment

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$86/mo

Est. payment

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What's special

Welcome to an excellent investment opportunity! This property features 3 bedrooms and 1.5 bathrooms, making it a versatile space with significant potential for value appreciation. Calling all investors to explore this opportunity and envision the possibilities for creative enhancements. The home is being sold as is, providing a blank canvas for those looking to make their mark in the real estate market. Whether you're a seasoned investor or a newcomer, don't miss out on the chance to turn this property into a lucrative venture!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Forced Air, Natural Gas

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total interior livable area: 912 sqft
Finished area above ground: 912

Property

Parking

Parking features: No Garage

Features

Levels: One and One Half
Stories: 1.5
Entry location: GroundLevelwSteps
Pool features: None

Lot

Size: 4,791 Square Feet
Dimensions: 40.00 x 120.00

Details

Parcel number: W21I067590S
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence

Materials

Brick
Foundation: Basement, Brick Mortar

Condition

New construction: No
Year built: 1950

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: RABAUTS L C SOMERSET DRIVE

HOA

Has HOA: No

Location

Region: Detroit

Financial & listing details

Price per square foot: $16/sqft
Tax assessed value: $16,300
Annual tax amount: $1,606
Date on market: 11/15/2023
Cumulative days on market: 6 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash

Price history

Date	Event	Price
12/19/2023	Sold	$15,000$16/sqft
Source: Realcomp II #20230097250 Report a problem
12/1/2023	Pending sale	$15,000$16/sqft
Source: Realcomp II #20230097250 Report a problem
11/21/2023	Contingent	$15,000$16/sqft
Source: Realcomp II #20230097250 Report a problem
11/15/2023	Listed for sale	$15,000-57.1%$16/sqft
Source: Realcomp II #20230097250 Report a problem
8/23/2021	Sold	$35,000+0.3%$38/sqft
Source: Public Record Report a problem
7/26/2021	Pending sale	$34,900$38/sqft
Source: Realcomp II #2210058708 Report a problem
7/26/2021	Contingent	$34,900$38/sqft
Source: Realcomp II #2210058708 Report a problem
7/22/2021	Listed for sale	$34,900+96.1%$38/sqft
Source: Realcomp II #2210058708 Report a problem
9/23/2014	Listing removed	$17,800$20/sqft
Source: HJS Realty #214023795 Report a problem
3/30/2014	Price change	$17,800-39.7%$20/sqft
Source: HJS Realty #214023795 Report a problem
3/24/2014	Listed for sale	$29,500-72.8%$32/sqft
Source: HJS Realty #214023795 Report a problem
7/21/2006	Sold	$108,492-16.5%$119/sqft
Source: Public Record Report a problem
12/12/2005	Sold	$130,000+108%$143/sqft
Source: Public Record Report a problem
5/31/2005	Sold	$62,500+43%$69/sqft
Source: Public Record Report a problem
8/16/2004	Sold	$43,700$48/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$20,600 +26.4%
2024	--	$16,300 +5.2%
2023	--	$15,500 +24%
2022	--	$12,500 +10.6%
2021	--	$11,300
2020	$1,806 +124.5%	$11,300 +18.9%
2019	$805	$9,500 +13.1%
2018	$805	$8,400 +3.7%
2017	--	$8,100 -51.5%
2016	$2,535	$16,700
2015	$2,535 +90.5%	$16,700 -26%
2013	$1,331 -47.5%	$22,563 -34.3%
2010	$2,535	$34,357 -18%
2009	--	$41,899 -13%
2008	--	$48,160
2007	--	$48,160 +5.5%
2005	$554	$45,649 +3%
2004	--	$44,319 +147.4%
2001	$1,166	$17,915