NOT LISTED FOR SALE

5290 Farmbrook St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $74,000 - $84,000

-- Bed
1 Bath
920 Sq Ft
$87/Sq Ft Est. Value

About This Home

This home is located at 5290 Farmbrook St, Detroit, MI 48224 and is currently estimated at $80,333, approximately $87 per square foot. 5290 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2019
Sold by
Villa Properties Llc
Bought by
Mfbh Investments Llc
Current Estimated Value
$80,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,500
Outstanding Balance
$355,914
Interest Rate
3.6%
Mortgage Type
Construction
Estimated Equity
-$290,581

Purchase Details

Closed on
Nov 29, 2005
Sold by
Bakeman Timothy D
Bought by
East Hills Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
1.4%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 3, 2005
Sold by
Hud
Bought by
Easthills Properties Llc

Purchase Details

Closed on
Jul 16, 2003
Sold by
Countrywide Home Loans Inc
Bought by
Hud
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Mfbh Investments Llc $41,700 Regions Title Agency Llc
East Hills Properties Llc -- None Available
Bakeman Timothy D -- None Available
Easthills Properties Llc $45,290 --
Hud -- --
Countrywide Home Loans Inc $68,622 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mfbh Investments Llc $394,500
Previous Owner Bakeman Timothy D $68,000
Source: Public Records

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 $1,355 $36,100 $0 $0
2024 $1,355 $31,200 $0 $0
2023 $1,315 $23,200 $0 $0
2022 $1,403 $17,900 $0 $0
2021 $799 $14,100 $0 $0
2020 $604 $12,700 $0 $0
2019 $598 $10,800 $0 $0
2018 $544 $8,900 $0 $0
2017 $73 $9,100 $0 $0
2016 $581 $15,500 $0 $0
2015 $382 $15,500 $0 $0
2013 $1,472 $17,194 $0 $0
2010 -- $25,208 $958 $24,250
Source: Public Records

Map

Michigan Wayne County Detroit 48224 Cornerstone Village

5290 Farmbrook St, Detroit, MI

This home is located at 5290 Farmbrook St, Detroit, MI 48224 and is currently estimated at $80,333, approximately $87 per square foot. 5290 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.

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