NOT LISTED FOR SALE

8681 Farmbrook St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $81,000 - $99,000

3 Beds
1 Bath
819 Sq Ft
$112/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $85,000 $104 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $570/month

97 Days on Market

Highlights

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

About This Home

As of May 2023

TAKE A LOOK AT THIS 3 BED BUNGALOW SINGLE FAMILY. GREAT INVESTMENT OPPURTUNITY TO TURN INTO A REAL GEM. THIS PROPERTY WONT LAST LONG

Last Agent to Sell the Property

Justin Neil

JNA Real Estate License #6502410703 Listed on: 01/12/2023

Last Buyer's Agent

David Rabior

Clyde Realty LLC License #6501406276

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1939

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 35.00 x 170.00

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Green Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I078100S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,645

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240.00
  • Year Built: 1939
  • State Equalized Value: 19700.0000
  • Entry Location: Ground Level
  • 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: 819

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 642142.8500
  • Lot Size Area: 0.14
  • Lot Dimensions: 35.00 x 170.00
  • Parcel Number: W21I078100S

Tax Info

  • Tax Amount Summer: 1497.0000
  • Tax Amount Winter: 148.0000
  • Total Tax: 1645.0000
  • Taxable Value: 16114.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Jun 2, 2023
Sold by
South Cross Developments Llc
Bought by
Mceleny Pamela Lynn
Seller's Agent
Justin Neil
JNA Real Estate
Buyer's Agent
David Rabior
Clyde Realty LLC
List Price
$95,000
Sold Price
$85,000
Premium/Discount to List
-$10,000
-10.53%
Views
34
Current Estimated Value
$91,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,341
Avg. Annual Appreciation
2.85%

Purchase Details

Closed on
Jan 15, 2020
Sold by
Ppt Partners Llc
Bought by
South Cross Developments Llc

Purchase Details

Closed on
Nov 22, 2019
Sold by
Stromco Llc
Bought by
Ppt Partners Llc

Purchase Details

Closed on
Oct 2, 2014
Sold by
Wayne County Treasurer
Bought by
Stromco Llc

Purchase Details

Closed on
Sep 19, 2003
Sold by
Cheeseman Byron M and Cheeseman Betty L
Bought by
Cheeseman William E
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
Mceleny Pamela Lynn $85,000 None Listed On Document
South Cross Developments Llc $122,000 First American Title Ins Co
Ppt Partners Llc $458,420 First American Title Ins Co
Stromco Llc $9,400 None Available
Cheeseman William E -- Metropolitan Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2023 05/19/23 Sold $85,000 -5.5% $104 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
04/18/2023 04/18/23 Price Changed $89,900 -5.3% $110 / Sq Ft
02/16/2023 02/16/23 Price Changed $94,900 -0.1% $116 / Sq Ft
01/12/2023 01/12/23 For Sale $95,000 -- $116 / 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 $2,858 $39,800 $0 $0
2024 $2,826 $34,200 $0 $0
2023 $1,542 $25,500 $0 $0
2022 $1,649 $19,700 $0 $0
2021 $1,602 $15,600 $0 $0
2020 $744 $14,000 $0 $0
2019 $735 $11,900 $0 $0
2018 $660 $10,200 $0 $0
2017 $101 $10,400 $0 $0
2016 $711 $10,200 $0 $0
2015 $1,020 $10,200 $0 $0
2013 $1,458 $14,580 $0 $0
2010 -- $21,377 $1,021 $20,356
Source: Public Records

Agents Affiliated with this Home

  • Justin Neil

    Seller's Agent in 2023

    Justin Neil

    JNA Real Estate

    (248) 648-0484

    16 in this area

    263 Total Sales

    Justin Neil
    Section Image
  • David Rabior

    Buyer's Agent in 2023

    David Rabior

    Clyde Realty LLC

    (586) 329-8618

    17 in this area

    379 Total Sales

    David Rabior
    Section Image
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Map

Source: Realcomp

MLS Number: 20230002940

Realcomp

APN: 21-078100

Michigan Wayne County Detroit 48224 Cornerstone Village

8681 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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