12 days on rocket

11467 Somerset Ave, Detroit, MI, 48224

$65,000

Home List Price

$772*

Closing Credit

3 Bedrooms
1 Full Bath
1,023 SqFt
$64/SqFt
House

Location

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11467 Somerset Ave, Detroit$65,000

Buyer Closing Credits

$772*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOneCarGarage, Detached
Garage1 space
Year Built1947
HeatingForced Air, Natural Gas
BasementYes
MLS #20240090579
Lot Size0.10 Acres
StatusActive

About 11467 Somerset Ave

Great bones in this brick bungalow on the east side of Detroit. New owner will have option to renovate and flip the property, lease out at market-rate ($900-1100/mo) or Section 8 ($1300-1400/mo) or move in and customize for owner occupancy. Renovated comps suggest property could be marketed at $135/ft. Please call Garrett with any questions. Comps available upon request.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1947
  • Living Area: 1,023 SqFt

Listing Office:

  • Office Name: Douglas Rose Realty
  • Office Phone: (810) 623-0228
  • Listing Agent: Garrett Blair, Cooper Przekop

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: East on 94, North on Moross, East on Somerset

Price Information

Listing Price Info

Price Summary:

  • List Price: $65,000
  • Price Per SqFt: $64/SqFt

Tax Information:

  • Annual Amount: $2,056
  • 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

$67

Avg. Days On Market

49

# of Sold Homes

396

11467 Somerset Ave vs Detroit

12 DAYS ON ROCKET

-37 Days

$65,000

-$20K Less

$64/SqFt

-$4 Less

KEY TAKEAWAY

This property is $20K less than the Median Sold Price and $4/SqFt less 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: #20240090579

Listing Office:

  • Office Name: Douglas Rose Realty
  • Office Phone: (810) 623-0228
  • Listing Agent: Garrett Blair, Cooper Przekop

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: 12/18/2024, 5:21:01 AM 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$2,056$17,600
2020$1,157$16,400
2018$1,157$11,400
2017$1,152$11,600

History based on county public records data.

Payment Calculator

$392

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$261

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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-4399383
1
/10

  • Carleton Elementary School

  • 11724 Casino St

  • 0.22 miles

  • Public District Grades PK-5

school-card-donut-4399384
1
/10

  • Distinctive College Preparatory

  • 19360 Harper Ave

  • 0.89 miles

  • Public Charter Grades KG-6

school-card-donut-4399385
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 0.92 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 $50,431. The most common annual income of people living in Detroit, MI is less than $35k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 11467 Somerset Ave

What is the listing price of this property?

The listing price of 11467 Somerset Ave property is $65,000.

What type of property is this?

The property 11467 Somerset Ave is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 11467 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 $2,056 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 11467 Somerset Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 11467 Somerset Ave is 1,023 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 11467 Somerset Ave is 1947.

Rocket Homes›Michigan›Wayne County›Detroit›48224›11467 Somerset Ave

This home is located at 11467 Somerset Ave in Detroit, MI and zip code 48224 in the Denby neighborhood. This 1,023 square foot home, which was built in 1947, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $65,000.

Detroit, MI housing market in November 2024 saw over 94 listings sold above listed price, more than 55 sold at listed price and over 247 sold below. The number of listings in Detroit, MI increased by 2% between October 2024 and November 2024. In November 2024 median list price was $85,016 and the average listing age was 49 days.

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

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