NOT LISTED FOR SALE

5075 Farmbrook St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $63,000 - $84,000

3 Beds
1 Bath
821 Sq Ft
$91/Sq Ft Est. Value

Last Sold March 17, 2015

Last sale price $10,000 $12 Per Sq Ft

Est. 645% increase in value since last sale

Current estimated payment $480/month

17 Days on Market

Highlights

  • No HOA
  • Bungalow
  • 1 Car Garage
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of March 2015

NICE 3 BEDROOM IN A SOLID NEIGHBORHOOD. FINISHED BASEMENT WITH A HALF BATH. PROPERTY NEEDS SOME MINOR REPAIRS.

Last Agent to Sell the Property

William Haley

Haley Real Estate LLC License #6501375285 Listed on: 02/17/2015

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50.00x103.44

Parking

  • 1 Car Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 821 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Back Up Electric Heat Pump System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Farmbrook Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I078181S

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 921.04
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Total Sq Ft: 821

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick Veneer (Brick Siding)
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 95833.3333
  • Lot Size Area: 0.12
  • Lot Dimensions: 50.00X103.44
  • Parcel Number: W21I078181S

Tax Info

  • Tax Amount Summer: 1782.0000
  • Tax Amount Winter: 1120.0000
  • Total Tax: 2902.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2015
Closed on
Mar 17, 2015
Sold by
5075 Farmbrook Llc
Bought by
Galloway Iyeshia
Seller's Agent
William Haley
Haley Real Estate LLC
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$11,500
Sold Price
$10,000
Premium/Discount to List
-$1,500
-13.04%
Current Estimated Value
$74,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,498
Avg. Annual Appreciation
20.48%

Purchase Details

Closed on
Aug 11, 2010
Sold by
Tillman Eugene
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Galloway Iyeshia $10,000 None Available
Federal National Mortgage Association $113,664 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2015 03/17/15 Sold $10,000 -13.0% $12 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
02/17/2015 02/17/15 For Sale $11,500 -- $14 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

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 $1,084 $31,300 $0 $0
2024 $1,067 $26,800 $0 $0
2023 $1,035 $20,000 $0 $0
2022 $1,100 $16,200 $0 $0
2021 $1,071 $12,800 $0 $0
2020 $1,071 $11,500 $0 $0
2019 $1,055 $9,800 $0 $0
2018 $933 $9,000 $0 $0
2017 $173 $9,100 $0 $0
2016 $1,299 $14,000 $0 $0
2015 $1,400 $14,000 $0 $0
2013 $1,999 $19,993 $0 $0
2010 -- $29,312 $1,213 $28,099
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2015

    William Haley

    Haley Real Estate LLC

    Section Image

  • N

    Buyer's Agent in 2015

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2015

    Unidentified Agent

    Unidentified Office

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Map

Source: Realcomp

MLS Number: 215014022

Realcomp

APN: 21-078181

Michigan Wayne County Detroit 48224 Cornerstone Village

5075 Farmbrook St, Detroit, MI

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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