NOT LISTED FOR SALE

5805 Farmbrook St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $61,000 - $79,000

-- Bed
1 Bath
948 Sq Ft
$70/Sq Ft Est. Value

About This Home

This home is located at 5805 Farmbrook St, Detroit, MI 48224 and is currently estimated at $66,738, approximately $70 per square foot. 5805 Farmbrook St is a home located in Wayne County with nearby schools including Marquette Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2016
Sold by
Detroit Land Bank Authority
Bought by
Jones James
Current Estimated Value
$74,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,917
Outstanding Balance
$90,653
Interest Rate
3.42%
Mortgage Type
FHA
Estimated Equity
-$23,915

Purchase Details

Closed on
Jan 13, 2016
Sold by
Wayne County Treasurer
Bought by
Detroit Land Bank Authority
Source: Public Records

Range of Values:

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

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ICE

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First American

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Quantarium

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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
Jones James -- None Available
Detroit Land Bank Authority -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones James $112,917
Source: Public Records

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 $974 $30,000 $0 $0
2024 $958 $25,600 $0 $0
2023 $929 $19,200 $0 $0
2022 $985 $15,500 $0 $0
2021 $960 $12,300 $0 $0
2020 $960 $11,100 $0 $0
2019 $947 $9,400 $0 $0
2018 $841 $7,800 $0 $0
2017 $150 $7,900 $0 $0
2016 $240 $12,300 $0 $0
2015 $1,230 $12,300 $0 $0
2013 $1,754 $17,540 $0 $0
2010 -- $25,716 $1,198 $24,518
Source: Public Records

Map

Michigan Wayne County Detroit 48224 Cornerstone Village

5805 Farmbrook St, Detroit, MI

Not Listed for Sale

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