NOT LISTED FOR SALE

5283 Farmbrook St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $68,000 - $83,491

3 Beds
1 Bath
756 Sq Ft
$103/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $35,000 $46 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $518/month

Highlights

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

About This Home

As of October 2017

Hurry to be the 1st to rent this remodeled home located in the Chandler Park Area. Move in condition and super clean! You will not be disappointed with the quality of this home situated on a very quiet street with other home owners. A great value with a large dormer bedroom, hardwood floors, rec room in the basement, and 2 stall garage. Home has ADT security which can you transfer into your name for a small monthly fee. Furnace will be installed same day tenant moves in the home. Just about everything will be like new! Qualifications: 1st month rent $900, security deposit $900, and $35 application fee. Applicants must have 2.5x's rent to income ratio. Subject to credit, rent history, and background. Property will be available for viewing during the following rental open house times: Thursday, September 28th 7:30pm-8:00pm; Monday, October 2nd 7:30pm-8:00pm, and Wednesday, October 4th 7:30pm-8:00pm.

Last Agent to Rent the Property

David Brooks

Temporary Inactive Users License #6502389064 Listed on: 09/26/2017

Last Renter's Agent

David Brooks III

Temporary Inactive Users License #RCO-6502389064

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,148

Year Built

  • Built in 1949 | Remodeled in 2017

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00x103.44

Parking

  • 2 Car Detached Garage

Home Design

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

Interior Spaces

  • 756 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Farmbrook Subdivision

Listing and Financial Details

  • Security Deposit $900
  • 12 Month Lease Term
  • Application Fee: 35.00
  • Assessor Parcel Number W21I078167S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,148

Year Built

Built in 1949 | Remodeled in 2017

Lot Details

0

Rental Info

  • Application Fee: 35.00
  • Lease Type: Single Family House
  • Security Deposit: 900.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1949
  • Year Renovated: 2017
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1156
  • Sq Ft Lower Floor: 400
  • Total Sq Ft: 756
  • Sq Ft Total Bsmt: 400

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 2+ Assigned Spaces, Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 9000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00X103.44
  • Parcel Number: W21I078167S

Multi Family

  • Length of Lease: 12 Months

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2017
Closed on
Sep 22, 2017
Sold by
Ware John
Bought by
Friend Sylvester
Seller's Agent
David Brooks
Temporary Inactive Users
Buyer's Agent
David Brooks III
Temporary Inactive Users
Sold Price
$900
Current Estimated Value
$78,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,223
Avg. Annual Appreciation
10.61%

Purchase Details

Closed on
Nov 30, 2016
Sold by
Sabree Eric R
Bought by
Ware John J
Source: Public Records

Range of Values:

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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
Friend Sylvester $35,000 None Available
Ware John J $10,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2017 10/10/17 Rented $900 0.0% --
10/04/2017 10/04/17 Under Contract -- -- --
09/26/2017 09/26/17 For Rent $900 0.0% --
09/22/2017 09/22/17 Sold $35,000 +18.6% $33 / Sq Ft
09/05/2017 09/05/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $29,500 -- $28 / 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 $1,148 $36,900 $0 $0
2024 $1,148 $31,800 $0 $0
2023 $1,114 $23,700 $0 $0
2022 $1,186 $19,900 $0 $0
2021 $1,154 $15,600 $0 $0
2020 $1,154 $14,000 $0 $0
2019 $1,137 $11,900 $0 $0
2018 $1,002 $9,900 $0 $0
2017 $166 $10,100 $0 $0
2016 $1,014 $10,200 $0 $0
2015 $1,020 $10,200 $0 $0
2013 $1,458 $14,580 $0 $0
2010 -- $21,377 $970 $20,407
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    Nikkia Milton

    Firm Foundations Realty Group

  • D

    Landlord's Agent in 2017

    David Brooks

    Temporary Inactive Users

    Section Image

  • D

    Tenant's Agent in 2017

    David Brooks III

    Temporary Inactive Users

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Map

Source: Realcomp

MLS Number: 217087338

Realcomp

APN: 21-078167

Michigan Wayne County Detroit 48224 Cornerstone Village

5283 Farmbrook St, Detroit, MI

This home is located at 5283 Farmbrook St, Detroit, MI 48224 since 26 September 2017 and is currently priced at $78,123. This property was built in 1949. 5283 Farmbrook St is a home located in Wayne County with nearby schools including Marquette Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

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.

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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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