NOT LISTED FOR SALE

5530 Farmbrook St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $59,000 - $88,000

2 Beds
2 Baths
686 Sq Ft
$103/Sq Ft Est. Value

Sale Details

Date Sold: April 27, 2012

Last sale price $5,000 $7 Per Sq Ft

Est. 1,309% increase in value since last sale

Current estimated payment $498 / mo

153 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Security System Owned

About This Home

As of April 2012

GREAT STARTER HOME, OR INVESTMENT PROPERTY. WELL MAINTAINED HOME ON DETROIT'S NORTH EAST SIDE, STABLE NEIGHBORHOOD. SUBJECT TO THIRD PARTY APPROVAL. BUYER SHALL PAY A $399.00 DOCUMENTATION FEE UPON CLOSING.

Last Agent to Sell the Property

James Jenkins

EXP Realty Main License #6501351856 Listed on: 08/25/2011

EXP Realty Main

Last Buyer's Agent

James Jenkins

KW Domain License #RCO-6501351856

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 40 x 100

Parking

  • 1 Car Detached Garage

Home Design

  • 686 Sq Ft Home
  • Ranch Style House

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Partially Finished Basement

Community Details

  • No Home Owners Association
  • Rivard Villas Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I078023S

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: YES
  • Year Built: 1940
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Security Alarm (owned)
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Microwave, Refrigerator, Range/Stove
  • Total Sq Ft: 686

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • 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: 40 X 100
  • Parcel Number: W21I078023S

Tax Info

  • Tax Amount Summer: 1751.0000
  • Tax Amount Winter: 327.0000
  • Total Tax: 2078.0000

MLS Schools

  • School District: Detroit

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2020
Sold by
Bought by
Current Estimated Value
$70,452

Purchase Details

Closed on
Jan 15, 2020
Sold by
Bought by

Purchase Details

Listed on
Aug 25, 2011
Closed on
Apr 26, 2012
Sold by
Bought by
Seller's Agent
James Jenkins
EXP Realty Main
Buyer's Agent
James Jenkins
KW Domain
List Price
$10,000
Sold Price
$5,000
Premium/Discount to List
-$5,000
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.35%

Purchase Details

Closed on
Aug 28, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,200
Interest Rate
8.85%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,000 None Available
$188,070 None Available
$5,000 None Available
$58,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $52,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/27/2012 04/27/12 Sold $5,000 -50.0% $7 / Sq Ft
01/25/2012 01/25/12 Pending -- -- --
08/25/2011 08/25/11 For Sale $10,000 -- $15 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,332 $31,800 $0 $0
2024 $1,314 $27,400 $0 $0
2023 $1,275 $20,400 $0 $0
2022 $1,360 $15,800 $0 $0
2021 $1,323 $12,400 $0 $0
2020 $502 $0 $0 $0
2019 $1,000 $9,500 $0 $0
2018 $710 $8,000 $0 $0
2017 $154 $8,100 $0 $0
2016 $990 $12,500 $0 $0
2015 $1,250 $12,500 $0 $0
2013 $1,786 $17,860 $0 $0
2010 -- $26,185 $958 $25,227
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    James Jenkins

    EXP Realty Main

    (888) 501-7085

    James Jenkins
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Map

Source: Realcomp

MLS Number: 211090694

Realcomp

APN: 21-078023

Michigan Wayne County Detroit 48224 Cornerstone Village

5530 Farmbrook St, Detroit, MI

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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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