NOT LISTED FOR SALE

6317 Farmbrook St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $71,000 - $101,000

3 Beds
1 Bath
772 Sq Ft
$114/Sq Ft Est. Value

Last Sold April 18, 2018

Last sale price $26,000 $34 Per Sq Ft

Est. 240% increase in value since last sale

Current estimated payment $639/month

10 Days on Market

Highlights

  • No HOA
  • Bungalow
  • 1 Car Garage
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of April 2018

Excellent chance to own a cash flowing, tenant occupied investment property. Long term tenant residing. Great payment history. The home is currently rented for $725 per month. PLEASE DO NOT DISTURB TENANTS ON PROPERTY. Viewings will be arranged after an offer has been submitted. Please contact the listing agent with any questions.

Last Agent to Sell the Property

James Ferriole Jr

Park Place Real Estate Services, Inc License #6502109196 Listed on: 02/20/2018

Last Buyer's Agent

James Ferriole

City Place Properties Inc License #RCO-6502109196

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 43.00x103.44

Parking

  • 1 Car Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 772 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Kellys Harper Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I078111S

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 772

Exterior Features

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

Garage/Parking

  • Garage Size: 1 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 290000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 43.00X103.44
  • Parcel Number: W21I078111S

Tax Info

  • Tax Amount Summer: 1340.0000
  • Tax Amount Winter: 163.0000
  • Total Tax: 1503.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2025
Sold by
Loslo Llc
Bought by
Investdtw Llc
Current Estimated Value
$88,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Outstanding Balance
$64,629
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$23,642

Purchase Details

Closed on
Feb 14, 2020
Sold by
Itan Properties Llc
Bought by
Elite Property Investments Llc

Purchase Details

Listed on
Feb 20, 2018
Closed on
Apr 16, 2018
Sold by
Sewro Properties Llc
Bought by
Iian Properties Llc
Seller's Agent
James Ferriole Jr
Park Place Real Estate Services, Inc
Buyer's Agent
James Ferriole
City Place Properties Inc
List Price
$29,000
Sold Price
$26,000
Premium/Discount to List
-$3,000
-10.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.23%

Purchase Details

Closed on
Aug 25, 2015
Sold by
Daniel H Gabriel Property Management Llc
Bought by
Selwro Llc

Purchase Details

Closed on
Apr 1, 2013
Sold by
Gabriel Daniel H
Bought by
Daniel H Gabriel Property Management Llc

Purchase Details

Closed on
Mar 6, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Gabriel Daniel H

Purchase Details

Closed on
Mar 8, 2007
Sold by
Washington Mutual Bank
Bought by
Hud

Purchase Details

Closed on
Sep 6, 2006
Sold by
Clark Ricky D and Clark Diane
Bought by
Washington Mutual Bank

Purchase Details

Closed on
Nov 3, 1995
Sold by
Clark Ricky D
Bought by
Ricky D Clark

Purchase Details

Closed on
Apr 6, 1995
Sold by
Shrf Kurt D Kilby Pr
Bought by
Americas Lending Network Inc
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
Investdtw Llc $81,000 Embassy Title Agency
Elite Property Investments Llc $25,000 Regions Title Agency Llc
Loslo Llc $58,000 Regions Title Agency Llc
Iian Properties Llc $26,000 Regions Title Agency Llc
Selwro Llc $47,000 Chirco Title Agency Inc
Daniel H Gabriel Property Management Llc -- None Available
Gabriel Daniel H $6,700 None Available
Hud -- None Available
Washington Mutual Bank $98,745 None Available
Ricky D Clark $39,900 --
Americas Lending Network Inc $32,942 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Investdtw Llc $64,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2018 04/18/18 Sold $26,000 -10.3% $34 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $29,000 -- $38 / 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 $2,111 $40,100 $0 $0
2024 $2,086 $44,500 $0 $0
2023 $2,027 $33,100 $0 $0
2022 $2,172 $27,300 $0 $0
2021 $2,108 $21,400 $0 $0
2020 $1,719 $19,200 $0 $0
2019 $1,691 $16,400 $0 $0
2018 $1,318 $14,000 $0 $0
2017 $271 $14,300 $0 $0
2016 $1,503 $16,700 $0 $0
2015 $1,670 $16,700 $0 $0
2013 $2,378 $23,777 $0 $0
2010 -- $34,861 $1,072 $33,789
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    James Ferriole Jr

    Park Place Real Estate Services, Inc

    Section Image

  • J

    Buyer's Agent in 2018

    James Ferriole

    City Place Properties Inc

    (313) 410-4339

    1 Total Sale

    James Ferriole
    Section Image
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Map

Source: Realcomp

MLS Number: 218013524

Realcomp

APN: 21-078111

Michigan Wayne County Detroit 48224 Cornerstone Village

6317 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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