5 months on rocket

10991 Somerset Ave, Detroit, MI, 48224

$110,000

Home List Price

$1,306*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,300 SqFt
$85/SqFt
House

Location

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10991 Somerset Ave, Detroit$110,000

Buyer Closing Credits

$1,306*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1941
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #20240043264
Lot Size0.11 Acres
StatusActive

About 10991 Somerset Ave

Lovely brick bungalow in nice area. Many new updates (2024) including kitchen, bath and lavatory, living room tile, finished basement and more. You will find beautiful tile, quartz countertop, new vinyl flooring, stunning glass backsplash and more. The newly finished basement gives you even more space. Spacious upstairs bedroom with extra space for sitting or exercise room and a 11x5 walk-in closet. All measurements estimates, please verify accuracy. PROBATE SALE, COURT APPROVAL REQUIRED.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1941
  • Stories: 1
  • Living Area: 1,300 SqFt

Listing Office:

  • Office Name: Michelle Renee Swain
  • Office Phone: (313) 414-6910
  • Listing Agent: Michelle Swain

Interior Features

Interior Information:

  • Appliances: Dryer, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take either Cadeiux or Kelly to Morang, turn on Somerset.

Price Information

Listing Price Info

Price Summary:

  • List Price: $110,000
  • Price Per SqFt: $85/SqFt

Tax Information:

  • Annual Amount: $485
  • 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

10991 Somerset Ave vs Detroit

156 DAYS ON ROCKET

+111 Days

$110,000

+$25K More

$85/SqFt

+$11 More

KEY TAKEAWAY

This property is $25K more than the Median Sold Price and $11/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: #20240043264

Listing Office:

  • Office Name: Michelle Renee Swain
  • Office Phone: (313) 414-6910
  • Listing Agent: Michelle Swain

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, 9:20:51 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$485$13,700
2020$839$12,800
2018$839$10,500
2017$838$8,600

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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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-739092
1
/10

  • Carleton Elementary School

  • 11724 Casino St

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-739093
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 0.63 miles

  • Public Charter Grades KG-5

school-card-donut-739094
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 0.77 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 $39,167. Residents of Detroit, MI typically earn less than $35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 10991 Somerset Ave

What is the listing price of this property?

The listing price of 10991 Somerset Ave property is $110,000.

What type of property is this?

The property 10991 Somerset Ave is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 10991 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 $485 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 10991 Somerset Ave has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 10991 Somerset Ave is 1,300 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 10991 Somerset Ave is 1941.

Rocket Homes›Michigan›Wayne County›Detroit›48224›10991 Somerset Ave

This home is located at 10991 Somerset Ave in Detroit, MI and zip code 48224 in the Denby neighborhood. This 1,300 square foot home, which was built in 1941, sits on a 0.11 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 19, 2024 and is currently priced at $110,000.

In October 2024 more than 125 listings in Detroit, MI were sold above the asking price. During the same period more than 93 listings were sold at asking price, while more than 257 were sold below. The inventory of homes for sale in Detroit, MI between September 2024 and October 2024 increased by 11.2%. While the average time on the market in October 2024 was 45 days, the median list price was $85,000.

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

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