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3935 Somerset Ave, Detroit, MI, 48224

$129,900

Home List Price

$1,543*

Closing Credit

3 Bedrooms
1 Full Bath
1,140 SqFt
$114/SqFt
House

Location

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3935 Somerset Ave, Detroit$129,900

Buyer Closing Credits

$1,543*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1950
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240067855
Lot Size0.11 Acres
StatusActive

About 3935 Somerset Ave

Step into this newly renovated 3-bedroom, 1-bath brick bungalow in the desirable Morningside neighborhood of Detroit. Luxury vinyl plank floors welcome you, blending elegance with a warm, inviting feel. A cozy fireplace sets the scene for special moments with loved ones. Modern upgrades throughout the home ensure comfort, with new electrical, plumbing, and heating systems offering peace of mind. A brand-new A/C system will be installed for added convenience. The 1-car detached garage provides both parking and extra storage. Ideally located near schools, parks, and shopping, this home offers the perfect mix of city living and suburban charm. With its character and comfort, this bungalow is a welcoming retreat for anyone looking to plant roots in a friendly, vibrant community. Don't miss the opportunity to make this home yours! FHA and VA buyers are welcome. **Seller concessions will be paid on top of the current asking price.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1950
  • Stories: 1
  • Living Area: 1,140 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
  • Office Phone: (313) 658-6400
  • Listing Agent: Jan Dijkers

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • 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

Other

Directions Information:

  • Directions: I-94 E, right on Alter Rd, left on E Warren Ave, right on somerset, subject on right

Price Information

Listing Price Info

Price Summary:

  • List Price: $129,900
  • Price Per SqFt: $114/SqFt

Tax Information:

  • Annual Amount: $1,358
  • 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

3935 Somerset Ave vs Detroit

54 DAYS ON ROCKET

+9 Days

$129,900

+$44.9K More

$114/SqFt

+$40 More

KEY TAKEAWAY

This property is $44.9K more than the Median Sold Price and $40/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: #20240067855

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices The Loft Warehouse
  • Office Phone: (313) 658-6400
  • Listing Agent: Jan Dijkers

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: 11/5/2024, 11:20:53 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$1,358$13,900
2020$888$12,500
2018$888$9,700
2017$887$9,300

History based on county public records data.

Payment Calculator

$716

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$456

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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-1912219
6
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 0.66 miles

  • Public District Grades KG-5

school-card-donut-1912220
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 1.51 miles

  • Public Charter Grades KG-5

school-card-donut-1912221
1
/10

  • Tyrone Elementary School

  • 19525 Tyrone St

  • 2.85 miles

  • Public Magnet Grades 4-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,714. Typical income of Detroit, MI residents is less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3935 Somerset Ave

What is the listing price of this property?

The listing price of 3935 Somerset Ave property is $129,900.

What type of property is this?

The property 3935 Somerset Ave is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 3935 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 $1,358 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3935 Somerset Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 3935 Somerset Ave is 1,140 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3935 Somerset Ave is 1950.

Rocket Homes›Michigan›Wayne County›Detroit›48224›3935 Somerset Ave

This home is located at 3935 Somerset Ave in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 1,140 square foot home, which was built in 1950, sits on a 0.11 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $129,900.

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. Between September 2024 and October 2024, Detroit, MI real estate market has seen increase in the number of listings by 11.2%. Listings spent 45 days on the market in October 2024, and had a median list price of $85,000 during the same period.

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

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