9 days on rocket

10702 Somerset Ave, Detroit, MI, 48224

$109,999

Home List Price

$1,306*

Closing Credit

3 Bedrooms
1 Full Bath
1,453 SqFt
$76/SqFt
House

Location

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10702 Somerset Ave, Detroit$109,999

Buyer Closing Credits

$1,306*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage2 spaces
Year Built1946
HeatingForced Air
BasementYes
Private PoolYes
MLS #24055647
Lot Size0.12 Acres
StatusActive

About 10702 Somerset Ave

Charming 3-bedroom, 1-bath home featuring a spacious basement and detached garage, perfect for additional storage or a workshop. This home boasts a brand new roof, with a warranty on the furnace and hot water tank, offering peace of mind for years to come. Enjoy cozy living spaces and the potential to make this home truly your own. Located in a friendly neighborhood with easy access to local amenities, this property is ideal for those looking to settle in a welcoming community. The backyard offers endless possibilities: spend your summers entertaining with a full-size pool or fill it in to create a beautifully landscaped retreat. Don't miss the opportunity to add your personal touch and create lasting memories in this lovely home!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1946
  • Stories: 1
  • Living Area: 1,453 SqFt

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (248) 886-4450
  • Listing Agent: Alfonzo Rushin II

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: NORTH OF WHITTIER AND WEST OF 94

Price Information

Listing Price Info

Price Summary:

  • List Price: $109,999
  • Price Per SqFt: $76/SqFt

Tax Information:

  • Annual Amount: $1,701
  • 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

$84.9K

Med. Price/SqFt

$72

Avg. Days On Market

45

# of Sold Homes

404

10702 Somerset Ave vs Detroit

9 DAYS ON ROCKET

-36 Days

$109,999

+$25K More

$76/SqFt

+$3 More

KEY TAKEAWAY

This property is $25K more than the Median Sold Price and $3/SqFt more than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24055647

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (248) 886-4450
  • Listing Agent: Alfonzo Rushin II

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 9:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,701$21,600
2020$1,111$20,100
2018$1,111$15,200
2017$1,109$12,500

History based on county public records data.

Payment Calculator

$617

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$396

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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-872322
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 0.40 miles

  • Public Charter Grades KG-5

school-card-donut-872323
1
/10

  • Tyrone Elementary School

  • 19525 Tyrone St

  • 1.47 miles

  • Public Magnet Grades 4-6

school-card-donut-872324
1
/10

  • Chandler Park Academy - Elementary School

  • 20200 Kelly Rd

  • 1.84 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,167. Most Detroit, MI residents have annual incomes less than $35k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 10702 Somerset Ave

What is the listing price of this property?

The listing price of 10702 Somerset Ave property is $109,999.

What type of property is this?

The property 10702 Somerset Ave is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 10702 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 $1,701 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 10702 Somerset Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 10702 Somerset Ave is 1,453 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 10702 Somerset Ave is 1946.

Rocket Homes›Michigan›Wayne County›Detroit›48224›10702 Somerset Ave

This home is located at 10702 Somerset Ave in Detroit, MI and zip code 48224 in the Denby neighborhood. This 1,453 square foot home, which was built in 1946, sits on a 0.12 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $109,999.

While more than 110 listings in Detroit, MI in September 2024 were sold above asking price, there were more than 73 listings sold at asking price, and more than 221 were sold below. The number of listings in Detroit, MI increased by 10.5% between August 2024 and September 2024. While the average time on the market in September 2024 was 45 days, the median list price was $84,971.

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

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