NOT LISTED FOR SALE

5999 Farmbrook St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $81,000 - $91,000

3 Beds
1 Bath
975 Sq Ft
$90/Sq Ft Est. Value

About This Home

This home is located at 5999 Farmbrook St, Detroit, MI 48224 and is currently estimated at $87,667, approximately $89 per square foot. 5999 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
May 21, 2024
Sold by
Detroit Revitalization Initiat
Bought by
Great Lakes Asset Development Llc
Current Estimated Value
$84,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Outstanding Balance
$921,357
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
-$833,690

Purchase Details

Closed on
Dec 29, 2023
Sold by
Winters Family Living Trust
Bought by
Detroit Revitalization Initiat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2020
Sold by
Winters Kevin and Winters Donna
Bought by
Winters Kevin L and Winters Donna M

Purchase Details

Closed on
Dec 5, 2008
Sold by
Garbiel Daniel H
Bought by
Winters Kevin

Purchase Details

Closed on
Oct 31, 2007
Sold by
Mortgage Electronic Registration Systems
Bought by
Lasalle Bank Na and Bear Stearns Asset Backed Securities I L

Purchase Details

Closed on
Oct 3, 2007
Sold by
Jaqua Angela M and Sieli Angela M
Bought by
Mortgage Electronic Registration Systems
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
Great Lakes Asset Development Llc -- Embassy Title Agency
Great Lakes Asset Development Llc -- Embassy Title Agency
Detroit Revitalization Initiat $35,000 None Listed On Document
Winters Kevin L -- None Available
Winters Kevin $100,000 Title One Inc
Lasalle Bank Na -- E Title Agency
Mortgage Electronic Registration Systems $36,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Great Lakes Asset Development Llc $1,350,000
Closed Great Lakes Asset Development Llc $1,350,000
Previous Owner Detroit Revitalization Initiat $75,000
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 $3,185 $39,700 $0 $0
2024 $2,834 $34,300 $0 $0
2023 $1,273 $25,500 $0 $0
2022 $1,358 $21,400 $0 $0
2021 $1,321 $16,800 $0 $0
2020 $1,320 $15,100 $0 $0
2019 $1,300 $13,000 $0 $0
2018 $1,141 $11,700 $0 $0
2017 $228 $12,000 $0 $0
2016 $1,405 $15,400 $0 $0
2015 $1,540 $15,400 $0 $0
2013 $2,194 $21,938 $0 $0
2010 -- $32,164 $998 $31,166
Source: Public Records

Map

Michigan Wayne County Detroit 48224 Cornerstone Village

5999 Farmbrook St, Detroit, MI

Not Listed for Sale

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