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Sold for $44,500
  • Zestimate®
    $44,500

    5081 Somerset Ave, Detroit, MI 48224

    4beds
    2,098sqft
    Multi Family
    Built in 1929
    -- sqft lot
    $44,500 Zestimate®
    $21/sqft
    $1,124 Estimated rent

    Home value

    $44,500

    $41,000 - $48,000

    $1,124/mo

    Zestimate® history
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    What's special

    Investment-opportunity: property is sold as is and only accepting cash offers. *****PLEASE BE AWARE SQUATTERS OCCUPY PROPERTY AND THERE IS NO WAY TO GAIN ACCESS AT THIS TIME. SELLER WOULD PREFER FOR BUYER TO HANDLE*******Looking for your next project? This 2-family flat on Detroit’s East Side is priced to move and ready for your vision. This upper/lower configuration provides two distinct units with solid bones and classic layouts. Lower Unit: 2 Bedrooms, 1 Bath, Living Room, Formal Dining Room, Kitchen. Upper Unit: 2 Bedroom, 1 Bath, Living Room, Formal Dining Room, Kitchen. This property is being sold AS-IS, making it the perfect canvas for a full renovation. EMD to be held by listing broker & be certified/cashier's funds. Proof of funds required with all offers. Owner has other rentals/properties to sell and this can be bought individually or as a package deal. The other address 6184 Guilford, 8810 Farmbrook, 3491 Haverhill, 5919-17 Yorkshire, 5081-83 Somerset, 18603-186011 Moross, 3506-08 Haverhill, and 12216 Morang 7 unit in Detroit. All information deemed reliable but not guaranteed. Buyers or buyer's agent to verify all information.

    Zillow last checked:

    Listing updated:

    Listed by:

    James A Haidar 586-285-5555,

    RE/MAX First

    Bought with:

    Kempton Shine, 6501465832

    KW Metro

    Source: Realcomp II,MLS#: 20261073312MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Hot Water, Natural Gas
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,098 sqft
    • Finished area above ground: 2,098

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 4,791 Square Feet
    • Dimensions: 40 x 120
    Details
    • Parcel number: W21I067512S
    • Zoning description: MultiFamily
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial,Upper Lower Apartment
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement, Block
    Condition
    • New construction: No
    • Year built: 1929

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: EAST DETROIT DEV COS 3
    Location
    • Region: Detroit

    Financial & listing details

    • Price per square foot: $21/sqft
    • Tax assessed value: $24,643
    • Annual tax amount: $4,775
    • Date on market: 9/11/2026
    • Cumulative days on market: 47 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash

    Price history

    DateEventPrice
    10/20/2026Pending sale$49,500+11.2%$24/sqft
    Source: Realcomp II #20261073312 Report a problem
    10/1/2026Sold$44,500-10.1%$21/sqft
    Source: Realcomp II #20261073312 Report a problem
    9/11/2026Listed for sale$49,500-0.8%$24/sqft
    Source: Realcomp II #20261073312 Report a problem
    9/11/2026Listing removed$49,900$24/sqft
    Source: Realcomp II #20261067985 Report a problem
    8/25/2026Listed for sale$49,900-9.1%$24/sqft
    Source: Realcomp II #20261067985 Report a problem
    8/25/2026Listing removed$54,900$26/sqft
    Source: Realcomp II #20261065710 Report a problem
    8/18/2026Listed for sale$54,900-15.4%$26/sqft
    Source: Realcomp II #20261065710 Report a problem
    8/18/2026Listing removed$64,900$31/sqft
    Source: Realcomp II #20261056587 Report a problem
    8/6/2026Price change$64,900-7.2%$31/sqft
    Source: Realcomp II #20261056587 Report a problem
    8/5/2026Listed for sale$69,900+2230%$33/sqft
    Source: Realcomp II #20261056587 Report a problem
    12/4/2015Sold$3,000$1/sqft
    Source: Agent Provided Report a problem
    10/2/2015Sold$3,000$1/sqft
    Source: MiRealSource #31242348 Report a problem
    9/4/2015Price change$3,000-21.1%$1/sqft
    Source: City Management Group #215046132 Report a problem
    6/25/2015Price change$3,800-30.9%$2/sqft
    Source: City Management Group #215046132 Report a problem
    6/23/2015Price change$5,500-3.5%$3/sqft
    Source: City Management Group #215046132 Report a problem
    5/28/2015Price change$5,700-5%$3/sqft
    Source: City Management Group #215046132 Report a problem
    5/12/2015Listed for sale$6,000$3/sqft
    Source: City Management Group #215046132 Report a problem
    3/26/2008Sold$6,000-92.8%$3/sqft
    Source: Public Record Report a problem
    7/26/2007Sold$82,909$40/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $51,200 +54.7%
    2024-- $33,100 +18.6%
    2023-- $27,900 +24.6%
    2022-- $22,400 +8.2%
    2021-- $20,700
    2020$3,160 $20,700
    2019-- --
    2018-- $16,000 +8.1%
    2017-- $14,800 +80.5%
    2016$2,258 $8,200
    2015$2,258 +15.3%$8,200 -58.1%
    2013$1,958 -13.3%$19,578 -31.8%
    2010$2,258 $28,703 -18%
    2009-- $35,004 -13%
    2008-- $40,235
    2007-- $40,235 +5.5%
    2005$463 $38,137 +3%
    2004-- $37,026 +3.9%
    2001$2,320 +101.6%$35,650 +85.4%
    2000$1,151 $19,230
    Find assessor info on the county website

    Neighborhood: Morningside

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $44,500

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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $44,500