NOT LISTED FOR SALE

5724 Farmbrook St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $51,000 - $86,000

2 Beds
1 Bath
850 Sq Ft
$77/Sq Ft Est. Value

Last Sold September 30, 2013

Last sale price $7,500 $9 Per Sq Ft

Est. 776% increase in value since last sale

Current estimated payment $355/month

5 Days on Market

Highlights

  • 1-Story Property
  • Cass Technical High School Rated 10
  • 1.5 Car Garage

About This Home

As of September 2013

Short sale, Buyer must be willing to wait several months for approval.

Last Agent to Sell the Property

Charles Lutz

RE/MAX First License #MISPE-6501290066 Listed on: 06/12/2013

RE/MAX First

Last Buyer's Agent

Charles Lutz

RE/MAX First License #MISPE-6501290066 Listed on: 06/12/2013

RE/MAX First

Property Details

Home Type

  • Manufactured Home

Year Built

  • Built in 1940

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40x100

Parking

  • 1.5 Car Garage

Interior Spaces

  • 850 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number W27I072271S

Property Details

Home Type

Manufactured Home

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Structure Style: 1 Story
  • Year Built: 1940
  • Special Features: 12
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement: Yes
  • Basement: Full
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 12 x 10
  • Bedroom 2: On 1st Floor, Dimensions: 9 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Dining Room: On 1st Floor, Dimensions: 11 x 7
  • Kitchen: On Entry Level, Dimensions: 9 x 7
  • Living Room: On 1st Floor, Dimensions: 16 x 11
  • Above Grade Finished Sq Ft: 850
  • Total Finished Sq Ft: 850

Exterior Features

  • Exterior: Aluminum
  • Foundation: Basement

Garage/Parking

  • Garage Spaces: 1.5
  • Garage: Yes

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: W27I072271S
  • Zoning: Residential
  • Lot Dimensions: 40X100
  • Acreage: 0.1
  • Map Side Numeric: 3
  • Map Top Alpha: aj
  • Geo Subdivision: MI

MLS Schools

  • School District: Detroit City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2014
Sold by
Heath Stacy
Bought by
Manns Wardell and Manns Yvonne
Current Estimated Value
$65,667

Purchase Details

Listed on
Jun 12, 2013
Closed on
Sep 27, 2013
Sold by
Manns Wardell and Manns Yvonne
Bought by
Heath Stacy
Seller's Agent
Charles Lutz
RE/MAX First
Buyer's Agent
Charles Lutz
RE/MAX First
List Price
$7,000
Sold Price
$7,500
Premium/Discount to List
$500
7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.41%

Purchase Details

Closed on
Jul 11, 2013
Sold by
Manns Wardell
Bought by
Bank Of America Na
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
Manns Wardell -- None Available
Heath Stacy $7,500 Visionary Title Agency Llc
Bank Of America Na $75,044 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2013 09/30/13 Sold $7,500 +7.1% $9 / Sq Ft
06/17/2013 06/17/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $7,000 -- $8 / Sq Ft
Source: Michigan Multiple Listing Service

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 $130 $0 $0 $0
2024 $758 $23,500 $0 $0
2023 $494 $17,500 $0 $0
2022 $396 $7,100 $0 $0
2021 $535 $11,300 $0 $0
2020 $648 $10,200 $0 $0
2019 $638 $8,800 $0 $0
2018 $543 $7,200 $0 $0
2017 $140 $7,400 $0 $0
2016 $1,364 $26,600 $0 $0
2015 $1,584 $26,600 $0 $0
2013 $118 $1,178 $0 $0
2010 -- $1,178 $1,178 $0
Source: Public Records

Agents Affiliated with this Home

  • Charles Lutz

    Seller's Agent in 2013

    Charles Lutz

    RE/MAX of Southeast Michigan

    (586) 202-3487

    187 Total Sales

    Charles Lutz
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31152237

Michigan Multiple Listing Service

APN: 21-078031

Michigan Wayne County Detroit 48224 Cornerstone Village

5724 Farmbrook St, Detroit, MI

Not Listed for Sale

Mobile Manufactured

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Michigan Multiple Listing Service Source MLS: MiRealSource
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