NOT LISTED FOR SALE

5205 Farmbrook St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $63,000 - $148,934

3 Beds
1 Bath
1,120 Sq Ft
$88/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $60,000 $54 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $597/month

42 Days on Market

Highlights

  • Ranch Style House
  • Ground Level Unit
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • No HOA

About This Home

As of August 2024

Welcome to your new home! This solid brick ranch offers 3 cozy bedrooms and 1 full bath on the main floor, with a full basement featuring 2 additional bedrooms, a laundry room, and extra storage space—perfect for expanding your living area or accommodating guests.

Highlights include:
Brick exterior for timeless curb appeal
Full basement with added bedrooms and storage
No Garage, Street parking available
Ideal for investors or new homeowners looking to update and personalize
Don't miss this fantastic opportunity to own a versatile home in a vibrant neighborhood!

BATVAI

Last Agent to Sell the Property

Lakeshia Willis

United Real Estate Detroit LLC License #6501438887 Listed on: 06/20/2024

United Real Estate Detroit LLC

Co-Listed By

LaShawn Peterson

EXP Realty Main License #6501404511

Last Buyer's Agent

Nathan Burns

JTRE Group License #6501360332

JTRE Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1951

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 47.00 x 103.00

Home Design

  • 1,120 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Brick Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Partially Finished Basement

Community Details

  • No Home Owners Association
  • Farmbrook Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I078176S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,017

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 240.00
  • Year Built: 1951
  • State Equalized Value: 34600.0000
  • Entry Location: Ground Level
  • AgentOnly_ListPriceByAcre: 726363.6300
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 1120

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.11
  • Lot Dimensions: 47.00 x 103.00
  • Parcel Number: W21I078176S

Tax Info

  • Tax Amount Summer: 911.0000
  • Tax Amount Winter: 106.0000
  • Total Tax: 1017.0000
  • Taxable Value: 11227.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Aug 29, 2024
Sold by
Powell Quawana
Bought by
Quantum Nest Llc
Seller's Agent
Lakeshia Willis
United Real Estate Detroit LLC
Buyer's Agent
Nathan Burns
JTRE Group
List Price
$85,000
Sold Price
$60,000
Premium/Discount to List
-$25,000
-29.41%
Views
36
Current Estimated Value
$98,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,734
Avg. Annual Appreciation
46.26%

Purchase Details

Closed on
Nov 25, 2013
Sold by
Amanah Property Investments Llc
Bought by
Powell Quawana

Purchase Details

Closed on
Feb 10, 2012
Sold by
Realco Investment Company Llc
Bought by
Amanah Property Investments Llc

Purchase Details

Closed on
Nov 29, 2010
Sold by
Wojtowicz Raymond J
Bought by
Realco Investment Company Llc

Purchase Details

Closed on
Apr 28, 2006
Sold by
Kelof Jeffrey M
Bought by
Pace Sharon

Purchase Details

Closed on
Mar 28, 2006
Sold by
Uhl Stephen and Uhl Dolly J
Bought by
Kelof Jeffrey M

Purchase Details

Closed on
Jan 26, 2006
Sold by
Uhl Stephen and Uhl Dolly J
Bought by
Kelof Jeffrey M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Quantum Nest Llc $67,000 None Listed On Document
Quantum Nest Llc $67,000 None Listed On Document
Quantum Nest Llc $67,000 None Listed On Document
Powell Quawana -- None Available
Amanah Property Investments Llc -- None Available
Realco Investment Company Llc $1,556 None Available
Pace Sharon $115,000 Title Source Inc
Kelof Jeffrey M $45,000 Bayshore Title Agency
Kelof Jeffrey M $45,000 Bayshore Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $60,000 -24.9% $54 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/12/2024 07/12/24 Price Changed $79,900 -6.0% $71 / Sq Ft
06/20/2024 06/20/24 For Sale $85,000 -- $76 / 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 $940 $53,600 $0 $0
2024 $940 $46,500 $0 $0
2023 $911 $34,600 $0 $0
2022 $991 $29,400 $0 $0
2021 $251 $0 $0 $0
2020 $958 $20,700 $0 $0
2019 $1,111 $17,500 $0 $0
2018 $816 $15,000 $0 $0
2017 $816 $15,300 $0 $0
2016 $803 $11,200 $0 $0
2015 $1,120 $11,200 $0 $0
2013 $1,597 $15,967 $0 $0
2010 -- $23,410 $1,139 $22,271
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Lakeshia Willis

    United Real Estate Detroit LLC

    Section Image
  • LaShawn Peterson

    Seller Co-Listing Agent in 2024

    LaShawn Peterson

    EXP Realty Main

    (248) 270-2956

    3 in this area

    284 Total Sales

    LaShawn Peterson
    Section Image
  • Nathan Burns

    Buyer's Agent in 2024

    Nathan Burns

    JTRE Group

    (586) 747-5761

    1 in this area

    20 Total Sales

    Nathan Burns
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20240043819

Realcomp

APN: 21-078176

Michigan Wayne County Detroit 48224 Cornerstone Village

5205 Farmbrook St, Detroit, MI

Not Listed for Sale

Detached

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.

Realcomp 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

Nearby Homes