NOT LISTED FOR SALE

5679 Farnum St Westland, MI 48186

Estimated Value: $102,000 - $154,000

2 Beds
1 Bath
809 Sq Ft
$160/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $79,000 $98 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $856/month

15 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • Ground Level Unit
  • 2 Car Detached Garage

About This Home

As of September 2021

TENANT OCCUPIED! Tenant has been in the property since 2020 paying $840 a month with a lease expiring 02/28/2022. This Ranch features 2 bedrooms 1 bath with a fenced in yard and a 2 car detached garage. Buyer's agent to Verify info. Buyer subject to term of lease's. .ALLOW SELLER 72 HOURS TO REVIEW OFFERS!PHOTO'S TAKEN PRIOR TO TENANT MOVE IN!! This property can be sold individually or in a package which includes 11 properties total. Please view documents for additional information on the package. Properties being sold As-IS SHOWINGS ONLY WITH ACCEPTED OFFER.

Last Agent to Sell the Property

Sarah Massey

EXP Realty Taylor License #6501388655 Listed on: 05/19/2021

EXP Realty Taylor

Last Buyer's Agent

Anna Rabinowitz

Powell Real Estate License #6501434350

Powell Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1954

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 45.00x110.00

Parking

  • 2 Car Detached Garage

Home Design

  • 809 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Poured Concrete
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Annapolis Park Sub No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 56082020136000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,540

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 39.68
  • Year Built: 1954
  • State Equalized Value: 22700.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Combined: 809
  • Total Sq Ft: 809

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 45
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • 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

Schools

  • School District: Romulus

Lot Info

  • List Price per Acre: 772727.2700
  • Lot Size Area: 0.11
  • Lot Dimensions: 45.00X110.00
  • Parcel Number: 56082020136000

Tax Info

  • Tax Amount Summer: 1053.0000
  • Tax Amount Winter: 487.0000
  • Total Tax: 1540.0000
  • Taxable Value: 19372.0000

MLS Schools

  • School District: Romulus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Sep 14, 2021
Sold by
Garrett Property Group Llc
Bought by
Garrett Michael Properties Llc
Seller's Agent
Sarah Massey
EXP Realty Taylor
Buyer's Agent
Anna Rabinowitz
Powell Real Estate
List Price
$85,000
Sold Price
$79,000
Premium/Discount to List
-$6,000
-7.06%
Current Estimated Value
$129,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,333
Avg. Annual Appreciation
14.78%
Original Mortgage
$436,000
Outstanding Balance
$401,026
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$263,359

Purchase Details

Closed on
Jul 12, 2021
Sold by
Venture Property Holdings Llc
Bought by
Garrett Property Group Llc

Purchase Details

Closed on
Oct 11, 2013
Sold by
Wayne County Treasurer
Bought by
Venture Property Holdings Llc

Purchase Details

Closed on
Mar 8, 2010
Sold by
Jackson Walter and Jackson Eddie Mae
Bought by
Johnson Spruce Llc

Purchase Details

Closed on
Jan 10, 2000
Sold by
City Of Westland
Bought by
Jackson Walter
Source: Public Records

Range of Values:

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Average Value
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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
Garrett Michael Properties Llc $542,500 Fidelity National Title
Garrett Property Group Llc -- None Available
Venture Property Holdings Llc $8,100 None Available
Johnson Spruce Llc $15,000 First Centennial Title Inc
Jackson Walter $25,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $79,000 -7.1% $98 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $85,000 -- $105 / 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 $2,071 $50,100 $0 $0
2024 $2,071 $45,800 $0 $0
2023 $1,656 $33,700 $0 $0
2022 $2,289 $29,400 $0 $0
2021 $1,554 $26,700 $0 $0
2020 $1,540 $22,700 $0 $0
2019 $1,501 $21,800 $0 $0
2018 $945 $20,900 $0 $0
2017 $931 $20,700 $0 $0
2016 $1,381 $20,800 $0 $0
2015 $1,797 $17,970 $0 $0
2013 $2,122 $22,080 $0 $0
2012 $2,157 $22,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210036847

Realcomp

APN: 56-082-02-0136-000