Seller's Agent in 2024
James Haidar
RE/MAX of Southeast Michigan
(586) 285-5555
1 in this area
177 Total Sales
5036 Farmbrook St Detroit, MI 48224
Cornerstone Village NeighborhoodEstimated Value: $32,000 - $111,000
2
Beds
1
Bath
670
Sq Ft
$93/Sq Ft
Est. Value
Highlights
- No HOA
- Bungalow
- Forced Air Heating System
- Cass Technical High School Rated 10
About This Home
As of December 2024**Investor Special!** This property presents a fantastic opportunity for seasoned investors or those looking to dive into a renovation project. This home is in need of full rehabilitation and is being sold as-is, offering you the chance to customize and transform it into your vision. Please note that the seller will not be making any repairs, so come prepared to see the potential that lies within. This sale is strictly cash offers only. Don’t miss out on this chance to invest in a property with endless possibilities! all information deemed reliable but not guaranteed. Buyer or buyer's agent to verify all information.
Home Details
Home Type
- Single Family
Year Built
- Built in 1940
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 43.00 x 99.00
Home Design
- Bungalow
- Block Foundation
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 670 Sq Ft Home
- 1.5-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Location
- Ground Level
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- Harris Mary L No 1 Subdivision
Listing and Financial Details
- Assessor Parcel Number W21I077998S
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 18, 2024
Closed on
Dec 6, 2024
Sold by
Fpj Investments Llc
Bought by
Yang Mo
Seller's Agent
James Haidar
RE/MAX First
Buyer's Agent
James Haidar
RE/MAX First
List Price
$34,900
Sold Price
$28,000
Premium/Discount to List
-$6,900
-19.77%
Views
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,146
Avg. Annual Appreciation
118.51%
Purchase Details
Closed on
Jan 7, 2021
Sold by
Yang Mo
Bought by
Fpj Investments Llc
Purchase Details
Closed on
Jun 28, 2017
Sold by
The Detroit Land Bank Authority
Bought by
Yang Mo
Purchase Details
Closed on
Jan 6, 2015
Sold by
Treasurer Of The Charter County Of Wayne
Bought by
Detroit Land Bank Authority
Purchase Details
Closed on
Dec 4, 2007
Sold by
The Laker Group Llc
Bought by
Grover Paul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,200
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 23, 2006
Sold by
Davis Carmen L
Bought by
Wells Fargo Bank Na and First Franklin Mortgage Loan Trust 2004-
Purchase Details
Closed on
Oct 11, 2006
Sold by
Davis Carmen L
Bought by
Wells Fargo Bank Na and First Franklin Mortgage Loan Trust 2004-
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Yang Mo | $28,000 | Shores Title | |
| Yang Mo | $28,000 | Shores Title | |
| Fpj Investments Llc | $75,000 | Chirco Title Agency Inc | |
| Fpj Investments Llc | $75,000 | Chirco Title Agency | |
| Yang Mo | $1,000 | None Available | |
| Detroit Land Bank Authority | -- | None Available | |
| Grover Paul | $32,500 | American Professional Title | |
| Wells Fargo Bank Na | -- | E Title Agency | |
| Wells Fargo Bank Na | $89,670 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Grover Paul | $46,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/19/2024 12/19/24 | Sold | $28,000 | -19.8% | $42 / Sq Ft |
| 11/27/2024 11/27/24 | Pending | -- | -- | -- |
| 11/18/2024 11/18/24 | For Sale | $34,900 | -- | $52 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,102 | $25,000 | $0 | $0 |
| 2024 | $1,263 | $21,300 | $0 | $0 |
| 2023 | $1,226 | $15,800 | $0 | $0 |
| 2022 | $1,306 | $12,200 | $0 | $0 |
| 2021 | $831 | $9,600 | $0 | $0 |
| 2020 | $831 | $8,700 | $0 | $0 |
| 2019 | $820 | $7,300 | $0 | $0 |
| 2018 | $733 | $6,400 | $0 | $0 |
| 2017 | $970 | $0 | $0 | $0 |
| 2016 | $240 | $9,700 | $0 | $0 |
| 2015 | $970 | $9,700 | $0 | $0 |
| 2013 | $1,386 | $13,861 | $0 | $0 |
| 2010 | -- | $20,322 | $1,026 | $19,296 |
Source: Public Records
Agents Affiliated with this Home
-
James Haidar
Map
Source: Realcomp
MLS Number: 20240086898
APN: 21-077998
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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