NOT LISTED FOR SALE

5505 Farmbrook St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $68,000 - $96,596

2 Beds
1 Bath
910 Sq Ft
$93/Sq Ft Est. Value

Last Sold July 03, 2012

Last sale price $10,154 $11 Per Sq Ft

Est. 711% increase in value since last sale

Current estimated payment $542/month

11 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Porch
  • Cass Technical High School Rated 10
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of July 2012

2 bedroom 1 bath brick ranch featuring hardwood flooring, a basement, and a detached garage. FHA INSURABILITY CODE UI Uninsured repairs/improvements are required to be eligible for FHA 203(k) mortgage. FOR BIDDING INFO. FHA CASE NUMBER 261-623634 HUD HOMES SOLD AS IS. NEW HOMES EACH DAY. OWNERSHIP IS U.S. DEPT OF HUD.

Last Agent to Sell the Property

Ronald La Casse

Brookstone, Realtors LLC License #6501200297 Listed on: 06/01/2012

Brookstone, Realtors LLC

Last Buyer's Agent

Lowell Jones

K C Rose & Associates Realty License #RCO-6501218191

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 57x103

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 910 Sq Ft Home
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Rivard Villas Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I078162S

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: YES
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 910
  • Total Sq Ft: 910

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Porch Type: Porch
  • 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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 57143.0000
  • Lot Size Area: 0.14
  • Lot Dimensions: 57X103
  • Parcel Number: W21I078162S

Tax Info

  • Tax Amount Summer: 1810.0000
  • Tax Amount Winter: 531.0000
  • Total Tax: 2341.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2012
Closed on
Jun 27, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Young David
Seller's Agent
Ronald La Casse
Brookstone, Realtors LLC
Buyer's Agent
Lowell Jones
K C Rose & Associates Realty
List Price
$8,000
Sold Price
$10,154
Premium/Discount to List
$2,154
26.92%
Current Estimated Value
$82,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,207
Avg. Annual Appreciation
17.29%

Purchase Details

Closed on
Nov 9, 2011
Sold by
Midfirst Bank
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Apr 6, 2011
Sold by
Kennedy Craig L
Bought by
Midfirst Bank
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
Young David -- None Available
The Secretary Of Housing & Urban Develop -- None Available
Midfirst Bank $35,303 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2012 07/03/12 Sold $10,154 +26.9% $11 / Sq Ft
06/12/2012 06/12/12 Pending -- -- --
06/01/2012 06/01/12 For Sale $8,000 -- $9 / 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 $1,097 $45,700 $0 $0
2024 $1,097 $39,500 $0 $0
2023 $1,063 $29,400 $0 $0
2022 $1,161 $22,800 $0 $0
2021 $1,132 $17,900 $0 $0
2020 $1,120 $16,100 $0 $0
2019 $1,104 $13,700 $0 $0
2018 $946 $12,000 $0 $0
2017 $233 $12,300 $0 $0
2016 $1,146 $15,000 $0 $0
2015 $1,500 $15,000 $0 $0
2013 $2,138 $21,379 $0 $0
2010 -- $31,344 $1,392 $29,952
Source: Public Records

Agents Affiliated with this Home

  • Ronald La Casse

    Seller's Agent in 2012

    Ronald La Casse

    Brookstone, Realtors LLC

    (313) 303-2180

    53 Total Sales

    Section Image

  • L

    Buyer's Agent in 2012

    Lowell Jones

    K C Rose & Associates Realty

    (313) 881-9449

    Section Image
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Map

Source: Realcomp

MLS Number: 212056499

Realcomp

APN: 21-078162

Michigan Wayne County Detroit 48224 Cornerstone Village

5505 Farmbrook St, Detroit, MI

This home is located at 5505 Farmbrook St, Detroit, MI 48224 since 01 June 2012 and is currently estimated at $84,899, approximately $93 per square foot. This property was built in 1939. 5505 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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