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Sold for $25,000
  • $25,000

    4386 Somerset Ave, Detroit, MI 48224

    3beds
    1,165sqft
    Single Family Residence
    Built in 1951
    4,791 Square Feet Lot
    $86,500 Zestimate®
    $21/sqft
    $1,549 Estimated rent

    Home value

    $86,500

    $61,000 - $114,000

    $1,549/mo

    Zestimate® history
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    What's special

    WOW. Amazing opportunity on this 3 bedroom brick bungalow. Endless opportunities on this one. Cash only sale. The property right next door at 4394 Somerset is also available for sale as a separate purchase for $24,900. Seller will not do any package deals. Buyer and agent to verify all information. Seller will NOT be responsible for any unpaid real estate taxes and/or assessments, levies, homeowner/condo association fees, costs and/or charges, utilities, code violations and any other charges. The buyer is fully responsible for performing the required diligence to verify any possible liens, judgements and/or assessments. Seller will provide a Quit Claim Deed for all cash sales with no title insurance. If title insurance purchased by the buyer, the Seller will provide a Special Warranty Deed. Current back taxes due are $7,244.89

    Zillow last checked:

    Listing updated:

    Listed by:

    Sam Hantosh 313-561-0900,

    RE/MAX Team 2000

    Bought with:

    Lucy Peters, 6501432856

    Good Company

    Source: Realcomp II,MLS#: 20240015940MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: Second
    • Area: 176
    • Dimensions: 16 x 11
    Bedroom
    • Level: Entry
    • Area: 90
    • Dimensions: 10 x 9
    Bedroom
    • Level: Entry
    • Area: 81
    • Dimensions: 9 x 9
    Other
    • Level: Entry
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,165 sqft
    • Finished area above ground: 1,165

    Property

    Parking
    • Total spaces: 2
    • Parking features: Two Car Garage, Detached
    • Garage spaces: 2
    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 122.00
    Details
    • Parcel number: W21I067072S
    • Special conditions: Real Estate Owned,Short Sale No

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Basement, Block
    Condition
    • New construction: No
    • Year built: 1951

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: EAST DETROIT DEVELOPMENT COS NO 3 (PLATS)
    HOA
    • Has HOA: No
    Location
    • Region: Detroit

    Financial & listing details

    • Price per square foot: $21/sqft
    • Tax assessed value: $16,136
    • Annual tax amount: $1,634
    • Date on market: 3/13/2024
    • Cumulative days on market: 16 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash
    • Exclusions: Exclusion(s) Do Not Exist

    Price history

    DateEventPrice
    9/13/2024Listing removed$1,450$1/sqft
    Source: Zillow Rentals Report a problem
    7/29/2024Price change$1,450-3.3%$1/sqft
    Source: Zillow Rentals Report a problem
    7/18/2024Listed for rent$1,500+114.3%$1/sqft
    Source: Zillow Rentals Report a problem
    5/22/2024Sold$25,000-74.7%$21/sqft
    Source: Realcomp II #20240015940 Report a problem
    1/16/2020Listing removed$99,000$85/sqft
    Source: TeamHarveyUSA! Realty Inc #219116557 Report a problem
    11/18/2019Price change$99,000-0.9%$85/sqft
    Source: TeamHarveyUSA! Realty Inc #219116557 Report a problem
    9/5/2019Price change$99,900-16.7%$86/sqft
    Source: Vision Property Management Report a problem
    7/10/2019Listed for sale$119,900+756.4%$103/sqft
    Source: TeamHarveyUSA! Realty Inc #219067865 Report a problem
    3/26/2018Listing removed$14,000$12/sqft
    Source: Creative R E Agency Inc #217027094 Report a problem
    1/27/2018Price change$14,000-22.2%$12/sqft
    Source: Creative R E Agency Inc #217027094 Report a problem
    9/29/2017Price change$18,000+12.5%$15/sqft
    Source: Creative R E Agency Inc #217027094 Report a problem
    4/8/2017Listed for sale$16,000+492.6%$14/sqft
    Source: Creative R E Agency Inc #217027094 Report a problem
    4/22/2014Listing removed$700$1/sqft
    Source: Go Section8 Report a problem
    3/6/2014Listed for rent$700$1/sqft
    Source: Go Section8 Report a problem
    12/28/2013Listing removed$700$1/sqft
    Source: Great Lakes Property & Investments, INC Report a problem
    11/6/2012Listed for rent$700$1/sqft
    Source: Great Lakes Property & Investments, INC Report a problem
    6/15/2009Sold$2,700-97.4%$2/sqft
    Source: Public Record Report a problem
    12/27/2006Sold$105,361$90/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $31,500 +26.5%
    2024-- $24,900 +6.9%
    2023-- $23,300 +23.9%
    2022-- $18,800 +11.2%
    2021-- $16,900
    2020$2,238 +66.6%$16,900 +17.4%
    2019$1,344 $14,400 +10.8%
    2018$1,344 $13,000 +4%
    2017-- $12,500 -22.4%
    2016$2,366 $16,100
    2015$2,366 +9%$16,100 -25.8%
    2013$2,171 -8.3%$21,708 -31.8%
    2010$2,366 $31,827 -18%
    2009-- $38,813 -13%
    2008-- $44,613
    2007-- $44,613 +5.5%
    2005$513 $42,287 +3%
    2004-- $41,055
    Find assessor info on the county website

    Neighborhood: Morningside

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $86,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $86,500