NOT LISTED FOR SALE

5306 Farmbrook St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $42,000 - $99,000

3 Beds
1 Bath
1,250 Sq Ft
$55/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $30,005 $24 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $374/month

94 Days on Market

Highlights

  • No HOA
  • Porch
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Bungalow

About This Home

As of July 2024

Check out this vacant Detroit bungalow. This home features three bedrooms and a full bathroom. Outside you will find a spacious fenced in yard. Conveniently located close to Balduck Park that is great for families to enjoy all year round! HUD owned home. FHA Case# 261-821300. Insurability code (IE) Insured w/Escrow - Subject to appraisal. Properties built prior to 1978 may have LBP notices. Seller makes no representations or warranties as to the property condition. HUD Homes are sold AS-IS. Seller may contribute up to 3% for buyer’s closing costs, upon buyer's request. EHO.

Last Agent to Sell the Property

Erick Monzo

Keller Williams Realty-Great Lakes License #6501330189 Listed on: 03/12/2024

Keller Williams Realty-Great Lakes

Last Buyer's Agent

Reginald Olds

License #6502413429

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40.00 x 100.00

Home Design

  • Bungalow
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,250 Sq Ft Home
  • 1.5-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Rivard Villas Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I078018S

Home Details

Home Type

Single Family

Est. Annual Taxes

$39

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1940
  • State Equalized Value: 600.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 1988
  • Sq Ft Lower Floor: 738
  • Total Sq Ft: 1250
  • Sq Ft Total Bsmt: 738

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Porch Type: Porch
  • 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

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.09
  • Lot Dimensions: 40.00 x 100.00
  • Parcel Number: W21I078018S

Tax Info

  • Tax Amount Summer: 35.0000
  • Tax Amount Winter: 4.0000
  • Total Tax: 39.0000
  • Taxable Value: 455.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
Jul 9, 2024
Sold by
Secretary Of Housing And Urban Developme
Bought by
Nelson Teana
Seller's Agent
Erick Monzo
Keller Williams Realty-Great Lakes
Buyer's Agent
Reginald Olds
List Price
$30,000
Sold Price
$30,005
Premium/Discount to List
$5
0.02%
Views
111
Current Estimated Value
$68,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,585
Avg. Annual Appreciation
101.72%

Purchase Details

Closed on
Mar 15, 2024
Sold by
Gsmps Mortgage Loan Trust and Us Bank National Association
Bought by
Secretary/Hsng & Urban Dev/Wa Dc

Purchase Details

Closed on
Aug 15, 2002
Sold by
Johnson Kenneth L
Bought by
Parham Anthony L
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
Nelson Teana $30,005 None Listed On Document
Secretary/Hsng & Urban Dev/Wa Dc -- None Listed On Document
Parham Anthony L $82,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parham Anthony L $7,553
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $30,005 0.0% $24 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
06/04/2024 06/04/24 For Sale $30,000 0.0% $24 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $30,000 -- $24 / 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 $36 $1,500 $0 $0
2024 $36 $600 $0 $0
2023 $35 $600 $0 $0
2022 $38 $600 $0 $0
2021 $37 $500 $0 $0
2020 $269 $500 $0 $0
2019 $29 $500 $0 $0
2018 $24 $400 $0 $0
2017 $7 $400 $0 $0
2016 $309 $1,000 $0 $0
2015 $97 $1,000 $0 $0
2013 $96 $959 $0 $0
2010 -- $959 $958 $1
Source: Public Records

Agents Affiliated with this Home

  • Erick Monzo

    Seller's Agent in 2024

    Erick Monzo

    Keller Williams Realty-Great Lakes

    (586) 210-3350

    19 in this area

    1,884 Total Sales

    Erick Monzo
    Section Image

  • R

    Buyer's Agent in 2024

    Reginald Olds

    (313) 744-0330

    1 in this area

    2 Total Sales

    Reginald Olds
    Section Image
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Map

Source: Realcomp

MLS Number: 20240015611

Realcomp

APN: 21-078018

Michigan Wayne County Detroit 48224 Cornerstone Village

5306 Farmbrook St, Detroit, MI

This home is located at 5306 Farmbrook St, Detroit, MI 48224 since 12 March 2024 and is currently estimated at $68,590, approximately $54 per square foot. This property was built in 1940. 5306 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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