3 months on rocket

4102 Somerset Ave, Detroit, MI, 48224

$80,000

Home List Price

$950*

Closing Credit

3 Bedrooms
1 Full Bath
1,210 SqFt
$66/SqFt
House

Location

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4102 Somerset Ave, Detroit$80,000

Buyer Closing Credits

$950*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1939
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240054225
Lot Size0.11 Acres
StatusActive

About 4102 Somerset Ave

This solid brick colonial is an opportunity for a homeowner or investor! Three bedroom brick colonial near Mack and E Outer Dr. Natural fireplace. Nice block in NE Detroit steps from Grosse Pointe. Currently tenant occupied. No showings until an accepted offer.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1939
  • Stories: 2
  • Living Area: 1,210 SqFt

Listing Office:

  • Office Name: Jim Saros Real Estate Services
  • Office Phone: (313) 886-9030
  • Listing Agent: John C Costa

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: Mack to Somerset north (west) to property

Price Information

Listing Price Info

Price Summary:

  • List Price: $80,000
  • Price Per SqFt: $66/SqFt

Tax Information:

  • Annual Amount: $1,733
  • 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

4102 Somerset Ave vs Detroit

119 DAYS ON ROCKET

+74 Days

$80,000

-$5K Less

$66/SqFt

-$8 Less

KEY TAKEAWAY

This property is $5K less than the Median Sold Price and $8/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: #20240054225

Listing Office:

  • Office Name: Jim Saros Real Estate Services
  • Office Phone: (313) 886-9030
  • Listing Agent: John C Costa

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: 11/21/2024, 10:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,733$19,600
2020$1,132$17,600
2018$1,132$13,400
2017$1,130$12,800

History based on county public records data.

Payment Calculator

$467

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$306

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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-451997
6
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 0.75 miles

  • Public District Grades KG-5

school-card-donut-451998
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 1.44 miles

  • Public Charter Grades KG-5

school-card-donut-451999
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 1.70 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 $26,714. The majority of Detroit, MI residents have income less than $35k annually. The majority of 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 4102 Somerset Ave

What is the listing price of this property?

The listing price of 4102 Somerset Ave property is $80,000.

What type of property is this?

The property 4102 Somerset Ave is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 4102 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 $1,733 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 4102 Somerset Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 4102 Somerset Ave is 1,210 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4102 Somerset Ave is 1939.

Rocket Homes›Michigan›Wayne County›Detroit›48224›4102 Somerset Ave

This home is located at 4102 Somerset Ave in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 1,210 square foot home, which was built in 1939, sits on a 0.11 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 25, 2024 and is currently priced at $80,000.

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 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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