NOT LISTED FOR SALE

5580 Farmbrook St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $74,000 - $81,000

2 Beds
1 Bath
900 Sq Ft
$85/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $20,000 $22 Per Sq Ft

Est. 282% increase in value since last sale

Current estimated payment $493/month

6 Days on Market

Highlights

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

About This Home

As of September 2020

PROPERTY BEING SOLD- AS-IS. INVESTOR'S SPECIAL, DESIRABLE LOCATION, PROPERTY IN NEED OF TLC. GREAT RETURN ON INVESTMENT. MINUTES OUTSIDE OF THE GROSSE POINTE AREA...NEAR SHOPPING, RESTAURANTS, AND SOCIAL VENUES. BATVAD. PLEASE FOLLOW ALL CDC GUIDELINES REGARDING COVID-19, BUYER'S AGENT MUST BE PHYSICALLY PRESENT for SHOWINGS.

Last Agent to Sell the Property

Starbrina Smith

EXP Realty Main License #6501414134 Listed on: 07/13/2020

EXP Realty Main

Last Buyer's Agent

Retha Williams

Great Lakes Real Estate Agency LLC License #RCO-6501309802

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 46.00x98.00

Parking

  • 1 Car Detached Garage

Home Design

  • 900 Sq Ft Home
  • Ranch Style House
  • Wood Foundation
  • Brick Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Additional Features

  • Covered Patio or Porch
  • Ground Level
  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Rivard Villas Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I078029S

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
  • State Equalized Value: 11200.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • 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: 900

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl, Wood
  • Foundation Materials: Brick/Mortar, Wood
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 200000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 46.00X98.00
  • Parcel Number: W21I078029S

Tax Info

  • Tax Amount Summer: 819.0000
  • Tax Amount Winter: 90.0000
  • Total Tax: 909.0000
  • Taxable Value: 9523.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2021
Sold by
Bates Renetta
Bought by
Dean Vernee Sheriee
Current Estimated Value
$76,361

Purchase Details

Closed on
Jul 9, 2015
Sold by
Detroit Leasing
Bought by
Alford Vernee

Purchase Details

Closed on
Nov 16, 2012
Sold by
Wayne County Treasurer
Bought by
Detroit Leasing Inc

Purchase Details

Closed on
Sep 30, 2008
Sold by
Wilson Sandra G and Marshall Barbara
Bought by
Jackson Sam
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dean Vernee Sheriee -- None Available
Alford Vernee -- None Available
Detroit Leasing Inc $1,600 None Available
Jackson Sam $5,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2020 09/11/20 Sold $20,000 0.0% $22 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $20,000 -- $22 / 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 $1,111 $37,900 $0 $0
2024 $1,094 $32,600 $0 $0
2023 $1,061 $24,200 $0 $0
2022 $1,128 $18,700 $0 $0
2021 $1,099 $14,700 $0 $0
2020 $1,099 $13,200 $0 $0
2019 $910 $11,200 $0 $0
2018 $787 $9,300 $0 $0
2017 $180 $9,500 $0 $0
2016 $983 $12,400 $0 $0
2015 $1,240 $12,400 $0 $0
2013 $1,767 $17,672 $0 $0
2010 -- $25,910 $933 $24,977
Source: Public Records

Agents Affiliated with this Home

  • Starbrina Smith

    Seller's Agent in 2020

    Starbrina Smith

    EXP Realty Main

    (248) 909-7396

    15 Total Sales

    Starbrina Smith
    Section Image

  • R

    Buyer's Agent in 2020

    Retha Williams

    Great Lakes Real Estate Agency LLC

    Section Image
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Map

Source: Realcomp

MLS Number: 2200053278

Realcomp

APN: 21-078029

Michigan Wayne County Detroit 48224 Cornerstone Village

5580 Farmbrook St, Detroit, MI

Not Listed for Sale

Detached

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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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