Large Location Icon

1 Somerset Dr; Grand Rapids, MI Property Details

1 Somerset Dr, Grand Rapids, MI is a Single Family that was built in 1939. This property is not for sale. Our records show that 1 Somerset Dr has 2 bedrooms, and 2 bathrooms, and a total of 1,518 square feet. The lot size of 1 Somerset Dr is 21,998 square feet.

Off market
1 Somerset Dr NE Grand Rapids, MI 49503
$130,000 Listing Price
2 Beds
2 Baths
1,518 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1939
  • Purchase Price: $130,000
  • Est. Equity / %: $410,000 / 100%
  • Gross Yield: 8.365%
  • APN: 41-14-28-276-020
  • Situs County: Kent
  • Length Of Ownership: 28 years, 6 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Stories: 1
  • Roof Type: Gable

Measurements

  • Total: 1,518/SqFt
  • Lot: 21,998/SqFt
  • Living: 1,518/SqFt
  • Basement: 1,390/SqFt
  • Building: 1,518/SqFt
  • Ground: 1,518/SqFt
  • Basement Unfinished: 1,390/SqFt
  • Price Per Square Foot: $85.64

Legal Description

  • Description: LOTS 138 & 139 * MEYERING LAND CO'S MARYLAND ESTATES SUB
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Grand Rapids Public Schools
  • Lat / Lon: 42.963066 / -85.6143
  • Subdivision: Meyering Land Cos Maryland Estates
  • Property Class: Residential
  • Zoning: MCN-LDR
  • County Use Code: 401

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3943
  • Bathroom Fixtures: 2
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

1 Somerset Dr NE has no associated ownership info
1 Somerset Dr NE has no associated ownership info.

Taxes

1 Somerset Dr NE has 8 associated Taxes items

1 Somerset Dr, Grand Rapids, MI pays taxes in Kent County, MI. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $189,600. The APN we've located for 1 Somerset Dr is 41-14-28-276-020.

Unlock the full report
Taxes
  • Assessed Value:  $189,600
  • Assessed Year:  2026
  • Assessed County:  Kent
  • APN:  41-14-28-276-020
  • Tax Amount:  4434.6
  • Tax Year:  2025
  • Market Value:  379200
  • Market Year:  2026

Tax History

1 Somerset Dr NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $189,600 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $4,434.6 Change Rate +0.067036% Assessed CR Tax Rate
Year 2024 Assessed Value $149,600 Land Value Improvement Value Tax Amount $4,156 Change Rate +0.046261% Assessed CR Tax Rate +0.027781%
Year 2023 Assessed Value $132,300 Land Value Improvement Value Tax Amount $3,972.24 Change Rate +0.054223% Assessed CR Tax Rate +0.030024%
Year 2022 Assessed Value $127,100 Land Value Improvement Value Tax Amount $3,767.93 Change Rate -0.011517% Assessed CR Tax Rate +0.029645%
Year 2021 Assessed Value $114,900 Land Value Improvement Value Tax Amount $3,811.83 Change Rate +0.028912% Assessed CR Tax Rate +0.033175%
Year 2020 Assessed Value $103,500 Land Value Improvement Value Tax Amount $3,704.72 Change Rate -0.022032% Assessed CR Tax Rate +0.035794%
Year 2019 Assessed Value $99,100 Land Value Improvement Value Tax Amount $3,788.18 Change Rate +0.036287% Assessed CR Tax Rate +0.038226%
Year 2018 Assessed Value $91,800 Land Value Improvement Value Tax Amount $3,655.53 Change Rate Assessed CR Tax Rate +0.039821%
Year 2017 Assessed Value $84,900 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $74,700 Land Value Improvement Value Tax Amount $3,603.01 Change Rate +0.049342% Assessed CR Tax Rate +0.048233%
Year 2015 Assessed Value $74,700 Land Value Improvement Value Tax Amount $3,433.59 Change Rate Assessed CR Tax Rate +0.045965%
Year 2013 Assessed Value $66,700 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate