2 months on rocket

10576 Somerset Ave, Detroit, MI, 48224

$140,000

Home List Price

$1,663*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
1,366 SqFt
$102/SqFt
House

Location

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10576 Somerset Ave, Detroit$140,000

Buyer Closing Credits

$1,663*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1939
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240065984
Lot Size0.11 Acres
StatusActive

About 10576 Somerset Ave

This beautiful four-bedroom, one-and-a-half bath brick colonial offers everything you need to move right in. This home comes with a new roof and all hardwood floors throughout. Enjoy natural lighting in every room, and modern finishes throughout. The new kitchen has tons of space and updated unique finishes. The living areas have plenty of space for entertainment or for simple relaxation. This is a home you don't want to miss the opportunity to own!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1939
  • Stories: 2
  • Living Area: 1,366 SqFt

Listing Office:

  • Office Name: @properties Christie's Int'l R.E. Birmingham
  • Office Phone: (248) 850-8632
  • Listing Agent: Morgan Simms

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: S of 7 mile E of Kelly

Price Information

Listing Price Info

Price Summary:

  • List Price: $140,000
  • Price Per SqFt: $102/SqFt

Tax Information:

  • Annual Amount: $1,936
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

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Detroit, MI

City

Med. Sold Price

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

10576 Somerset Ave vs Detroit

78 DAYS ON ROCKET

+33 Days

$140,000

+$55K More

$102/SqFt

+$28 More

KEY TAKEAWAY

This property is $55K more than the Median Sold Price and $28/SqFt more than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240065984

Listing Office:

  • Office Name: @properties Christie's Int'l R.E. Birmingham
  • Office Phone: (248) 850-8632
  • Listing Agent: Morgan Simms

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 05, 2014Home Sold
$56,000
Mar 19, 2014Home Sold
$24,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,936$16,900
2020$1,260$15,800
2018$1,260$11,800
2017$1,001$9,700

History based on county public records data.

Payment Calculator

$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-602223
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 0.33 miles

  • Public Charter Grades KG-5

school-card-donut-602224
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 0.51 miles

  • Public District Grades PK-5

school-card-donut-602225
1
/10

  • Carleton Elementary School

  • 11724 Casino St

  • 0.62 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,367. The majority of Detroit, MI residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 10576 Somerset Ave

What is the listing price of this property?

The listing price of 10576 Somerset Ave property is $140,000.

What type of property is this?

The property 10576 Somerset Ave is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 10576 Somerset Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,936 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 5, 2014 for $56,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 10576 Somerset Ave has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 10576 Somerset Ave is 1,366 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 10576 Somerset Ave is 1939.

Rocket Homes›Michigan›Wayne County›Detroit›48224›10576 Somerset Ave

This home is located at 10576 Somerset Ave in Detroit, MI and zip code 48224 in the Denby neighborhood. This 1,366 square foot home, which was built in 1939, sits on a 0.11 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $140,000.

In October 2024, from all listings sold in Detroit, MI there were more than 125 sold above asking price, over 257 sold below and more than 93 were sold right at the asked price. The number of listings in Detroit, MI increased by 11.2% between September 2024 and October 2024. In October 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $85,000.

From Rocket Homes Real Estate and based on county public records data.

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