NOT LISTED FOR SALE

5785 Farmbrook St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $62,000 - $93,926

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

Last Sold March 22, 2017

Last sale price $8,001 $11 Per Sq Ft

Est. 868% increase in value since last sale

Current estimated payment $491/month

17 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Porch

About This Home

As of March 2017

Excellent investment on this 2 bedroom ranch. Home features a full basement, garage, and excellent proximity to expressways
and shopping. HIGHEST AND BEST DUE BY 02/24/2017 AT 3:00PM

Last Agent to Sell the Property

Scott Lark

RE/MAX Nexus License #6501320335 Listed on: 02/13/2017

RE/MAX Nexus

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50.00x103.44

Parking

  • 1 Car Detached Garage

Home Design

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Community Details

  • Property has a Home Owners Association
  • Farmdale Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I078145S

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 240
  • Year Built: 1941
  • 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: 751

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Source: Water at Street
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: Yes

Lot Info

  • List Price per Acre: 65833.3333
  • Lot Size Area: 0.12
  • Lot Dimensions: 50.00X103.44
  • Parcel Number: W21I078145S

Tax Info

  • Tax Amount Summer: 333.0000
  • Tax Amount Winter: 11.0000
  • Total Tax: 344.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2017
Closed on
Mar 16, 2017
Sold by
Michigan State Housing Development Autho
Bought by
Johnston Marcus
Seller's Agent
Scott Lark
RE/MAX Nexus
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$7,900
Sold Price
$8,001
Premium/Discount to List
$101
1.28%
Current Estimated Value
$77,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,481
Avg. Annual Appreciation
29.59%

Purchase Details

Closed on
Aug 17, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Michigan State Housing Development Autho

Purchase Details

Closed on
Apr 20, 2015
Sold by
Michigan State Housing Development Autho
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Feb 6, 2014
Sold by
Williams Dequaye T
Bought by
Michigan State Housing Development Autho

Purchase Details

Closed on
Jul 8, 2002
Sold by
Assessor Christine D
Bought by
Williams Dequaye T
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
Johnston Marcus -- None Available
Michigan State Housing Development Autho -- Attorney
Secretary Of Housing & Urban Development -- None Available
Michigan State Housing Development Autho $80,291 None Available
Williams Dequaye T $54,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2017 03/22/17 Sold $8,001 +1.3% $11 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
02/13/2017 02/13/17 For Sale $7,900 -- $11 / 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 $1,019 $33,200 $0 $0
2024 $1,003 $28,400 $0 $0
2023 $733 $21,200 $0 $0
2022 $1,033 $16,700 $0 $0
2021 $767 $13,200 $0 $0
2020 $1,006 $11,900 $0 $0
2019 $992 $10,100 $0 $0
2018 $879 $8,300 $0 $0
2017 $11 $600 $0 $0
2016 $347 $1,200 $0 $0
2015 $120 $1,200 $0 $0
2013 $120 $1,198 $0 $0
2010 -- $1,198 $1,198 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Scott Lark

    RE/MAX

    Section Image

  • N

    Buyer's Agent in 2017

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2017

    Unidentified Agent

    Unidentified Office

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Map

Source: Realcomp

MLS Number: 217011298

Realcomp

APN: 21-078145

Michigan Wayne County Detroit 48224 Cornerstone Village

5785 Farmbrook St, Detroit, MI

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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