5540 Farmbrook St Unit Bldg-Unit Detroit, MI 48224
Cornerstone Village NeighborhoodEstimated Value: $76,000 - $84,000
--
Bed
1
Bath
704
Sq Ft
$115/Sq Ft
Est. Value
About This Home
This home is located at 5540 Farmbrook St Unit Bldg-Unit, Detroit, MI 48224 and is currently estimated at $80,667, approximately $114 per square foot. 5540 Farmbrook St Unit Bldg-Unit 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
May 5, 2021
Sold by
Charboneau Norman and Charboneau Norman
Bought by
Jgc Real Estate Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,400
Outstanding Balance
$5,800
Interest Rate
3.1%
Mortgage Type
Stand Alone Second
Estimated Equity
$74,867
Purchase Details
Closed on
Mar 12, 2018
Sold by
Michigan State Housing Development Autho
Bought by
Charboneau Norman
Purchase Details
Closed on
Nov 15, 2012
Sold by
Howard Jacqueline
Bought by
Michigan State Housing Development Autho
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jgc Real Estate Llc | $1,500 | Chirco Title Agency Inc | |
| Charboneau Norman | $599 | None Available | |
| Michigan State Housing Development Autho | $47,168 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jgc Real Estate Llc | $6,400 |
Source: Public Records
Tax History Compared to Growth
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 | $22 | $1,300 | $0 | $0 |
| 2024 | $22 | $300 | $0 | $0 |
| 2023 | $22 | $300 | $0 | $0 |
| 2022 | $23 | $300 | $0 | $0 |
| 2021 | $23 | $300 | $0 | $0 |
| 2020 | $1,024 | $10,300 | $0 | $0 |
| 2019 | $1,010 | $8,700 | $0 | $0 |
| 2018 | $658 | $7,100 | $0 | $0 |
| 2017 | $137 | $7,200 | $0 | $0 |
| 2016 | $941 | $11,700 | $0 | $0 |
| 2015 | $1,170 | $11,700 | $0 | $0 |
| 2013 | $1,663 | $16,634 | $0 | $0 |
| 2010 | -- | $24,388 | $958 | $23,430 |
Source: Public Records
Map
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