NOT LISTED FOR SALE

5242 Farmbrook St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $72,000 - $132,000

3 Beds
1 Bath
720 Sq Ft
$127/Sq Ft Est. Value

Last Sold May 29, 2012

Last sale price $4,600 $6 Per Sq Ft

Est. 1,620% increase in value since last sale

Current estimated payment $513/month

138 Days on Market

Highlights

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

About This Home

As of May 2012

SHORT SALE. BRICK HOME QUIET STREET. BATVAI. SUBJECT TO THIRD PARTY APPROVAL. BUYER TO PAY $595 SHORT SALE PROCESSING FEE TO LISTING BROKER.

Last Agent to Sell the Property

Delores Goodson

Realtyflo Inc License #6501357592 Listed on: 11/18/2011

Last Buyer's Agent

Steven Williams

Community Choice Realty Inc License #RCO-6501311623

Community Choice Realty Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • Lot Dimensions are 48x99

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 720 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Farmbrook Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I078011S

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: YES
  • Year Built: 1945
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 720

Exterior Features

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

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Dimensions: 48X99
  • Parcel Number: W21I078011S

Tax Info

  • Tax Amount Summer: 1083.0000
  • Tax Amount Winter: 178.0000
  • Total Tax: 1261.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2011
Closed on
May 29, 2012
Sold by
Johnson Theresa and Mohammed Theresa
Bought by
Lowery Montez D
Seller's Agent
Delores Goodson
Realtyflo Inc
Buyer's Agent
Steven Williams
Community Choice Realty Inc
List Price
$4,500
Sold Price
$4,600
Premium/Discount to List
$100
2.22%
Current Estimated Value
$79,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,533
Avg. Annual Appreciation
24.69%
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
Lowery Montez D $4,600 Title Connect Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2012 05/29/12 Sold $4,600 +2.2% $6 / Sq Ft
04/04/2012 04/04/12 Pending -- -- --
11/18/2011 11/18/11 For Sale $4,500 -- $6 / 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 $1,167 $37,400 $0 $0
2024 $1,167 $32,200 $0 $0
2023 $892 $24,000 $0 $0
2022 $1,205 $19,500 $0 $0
2021 $933 $15,400 $0 $0
2020 $1,172 $13,800 $0 $0
2019 $1,155 $11,700 $0 $0
2018 $1,018 $10,100 $0 $0
2017 $195 $10,300 $0 $0
2016 $2,037 $23,800 $0 $0
2015 $2,380 $23,800 $0 $0
2013 $115 $1,146 $0 $0
2010 -- $1,146 $1,145 $1
Source: Public Records

Agents Affiliated with this Home

  • Delores Goodson

    Seller's Agent in 2012

    Delores Goodson

    Realtyflo Inc

    (313) 575-2336

    2 in this area

    14 Total Sales

    Delores Goodson
    Section Image

  • S

    Buyer's Agent in 2012

    Steven Williams

    Community Choice Realty Inc

    (313) 522-8119

    1 in this area

    9 Total Sales

    Steven Williams
    Section Image
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Map

Source: Realcomp

MLS Number: 211129850

Realcomp

APN: 21-078011

Michigan Wayne County Detroit 48224 Cornerstone Village

5242 Farmbrook St, Detroit, MI

Not Listed for Sale

Detached

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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