NOT LISTED FOR SALE

5556 Farmbrook St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $66,388 - $74,000

2 Beds
1 Bath
687 Sq Ft
$103/Sq Ft Est. Value

Last Sold December 08, 2017

Last sale price $2,500 $4 Per Sq Ft

Est. 2,734% increase in value since last sale

Current estimated payment $450/month

15 Days on Market

Highlights

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

About This Home

As of December 2017

Excelllent opportunity. 2 bedrooms with basement and garage. Vinyl siding and newer roof. Close to Balduck Park.

Last Agent to Sell the Property

Mark Reling

MVPS Realtors License #6502121023 Listed on: 10/30/2017

Last Buyer's Agent

Mark Reling

MVPS Realtors License #6502121023 Listed on: 10/30/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40.00x100.66

Parking

  • 1 Car Garage

Home Design

  • 687 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Rivard Villas Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I078026S

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1940
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 687

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 18700.0000
  • Lot Size Area: 0.09
  • Lot Dimensions: 40.00X100.66
  • Parcel Number: W21I078026S

Tax Info

  • Tax Amount Summer: 999.0000
  • Tax Amount Winter: 113.0000
  • Total Tax: 1112.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2017
Closed on
Dec 8, 2017
Sold by
Jpmorgan Chase Bank Nationla Assocaiton
Bought by
Byrn Oliver A
Seller's Agent
Mark Reling
MVPS Realtors
Buyer's Agent
Mark Reling
MVPS Realtors
List Price
$1,683
Sold Price
$2,500
Premium/Discount to List
$817
48.54%
Current Estimated Value
$70,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,347
Avg. Annual Appreciation
51.58%

Purchase Details

Closed on
Jan 12, 2012
Sold by
Tyree Valerie S
Bought by
Jpmorgan Chase Bank National Association
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Byrn Oliver A $2,500 Bay National Title Co
Jpmorgan Chase Bank National Association $66,713 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2017 12/08/17 Sold $2,500 +48.5% $4 / Sq Ft
11/14/2017 11/14/17 Pending -- -- --
11/10/2017 11/10/17 For Sale $1,683 0.0% $2 / Sq Ft
11/07/2017 11/07/17 Pending -- -- --
10/30/2017 10/30/17 For Sale $1,683 -- $2 / 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 $949 $30,900 $0 $0
2024 $949 $26,500 $0 $0
2023 $920 $19,800 $0 $0
2022 $975 $15,300 $0 $0
2021 $951 $12,000 $0 $0
2020 $951 $10,800 $0 $0
2019 $938 $9,200 $0 $0
2018 $833 $7,700 $0 $0
2017 $150 $7,900 $0 $0
2016 $1,112 $11,500 $0 $0
2015 $1,150 $11,500 $0 $0
2013 $1,639 $16,393 $0 $0
2010 -- $24,035 $958 $23,077
Source: Public Records

Agents Affiliated with this Home

  • Mark Reling

    Seller's Agent in 2017

    Mark Reling

    MVPS Realtors

    (586) 634-4545

    155 Total Sales

    Mark Reling
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 217098404

Realcomp

APN: 21-078026

Michigan Wayne County Detroit 48224 Cornerstone Village

5556 Farmbrook St, Detroit, MI

Not Listed for Sale

Detached

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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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

Nearby Homes