NOT LISTED FOR SALE

8844 Farmbrook St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $77,792 - $103,000

3 Beds
1 Bath
1,010 Sq Ft
$88/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $48,000 $48 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $555/month

79 Days on Market

Highlights

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

About This Home

As of December 2021

ATTENTION ALL INVESTORS!! This structurally sound, tenant occupied home will compliment your investment portfolio. Located in desirable east side neighborhood boarder lining Harper Woods and Grosse Pointe Woods with current rent paying tenant already in place. Don't miss out!! Please do not disturb tenant All measurements are estimated. 395.00 transaction fee paid to listing broker.

Last Agent to Sell the Property

Valencia Lundy

All About Real Estate LLC License #6501250150 Listed on: 12/27/2020

Last Buyer's Agent

Brentley Maxwell

O'Connor Realty License #RCO-6501345023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00x120.00

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,010 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

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 W21I078094S

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240
  • Year Built: 1940
  • State Equalized Value: 16500.0000
  • Entry Location: Ground Level w/Steps
  • 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: 1010

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: 1 Assigned Space, 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: 650000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00X120.00
  • Parcel Number: W21I078094S

Tax Info

  • Tax Amount Summer: 1262.0000
  • Tax Amount Winter: 120.0000
  • Total Tax: 1382.0000
  • Taxable Value: 12938.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2023
Sold by
Punta Mita Llc
Bought by
Curtis Partners 1031 Llc
Current Estimated Value
$88,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$657,000
Outstanding Balance
$643,161
Interest Rate
7.23%
Estimated Equity
-$554,213

Purchase Details

Listed on
Dec 27, 2020
Closed on
Dec 15, 2021
Sold by
Danisa Investments Llc
Bought by
Punta Mita Llc
Seller's Agent
Valencia Lundy
All About Real Estate LLC
Buyer's Agent
Brent Maxwell
O'Connor Realty
List Price
$54,000
Sold Price
$48,000
Premium/Discount to List
-$6,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.54%

Purchase Details

Closed on
Nov 29, 2017
Sold by
39988 Investments Llc
Bought by
Danisa Investments Llc

Purchase Details

Closed on
Aug 15, 2017
Sold by
Rodgers Alexis
Bought by
3988 Investments Llc

Purchase Details

Closed on
Apr 27, 2005
Sold by
Hud
Bought by
Rodgers Alexis

Purchase Details

Closed on
Sep 13, 2004
Sold by
Chase Manhattan Bank
Bought by
Hud

Purchase Details

Closed on
Mar 3, 2004
Sold by
Johnson Stephens Crystal and Stephens Joseph
Bought by
Chase Manhattan Bank and Merrill Lynch Mortgage Investors Inc

Purchase Details

Closed on
Jul 29, 1998
Sold by
Hoski Aaron M and Hoski Rosalind
Bought by
Stephens Crystal Johnson Stephens

Purchase Details

Closed on
Sep 10, 1997
Sold by
Shrf Aaron M Hoskin Pr
Bought by
Countrywide Funding Corp Countrywide Home Loa

Purchase Details

Closed on
Nov 10, 1994
Sold by
Rumpp Jaclyn
Bought by
Aaron M Hoskin
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
Curtis Partners 1031 Llc -- Apollo Title
Punta Mita Llc $48,000 None Listed On Document
Danisa Investments Llc $46,000 Title Connect Llc
3988 Investments Llc $39,500 Regions Title Agency Llc
Rodgers Alexis $65,000 Multiple
Hud -- --
Chase Manhattan Bank $103,632 --
Stephens Crystal Johnson Stephens $83,500 --
Countrywide Funding Corp Countrywide Home Loa $50,286 --
Aaron M Hoskin $45,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Curtis Partners 1031 Llc $657,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2021 12/15/21 Sold $48,000 -26.2% $48 / Sq Ft
12/09/2021 12/09/21 Price Changed $65,000 +20.4% $64 / Sq Ft
10/17/2021 10/17/21 For Sale $54,000 0.0% $53 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
01/18/2021 01/18/21 Price Changed $54,000 -8.5% $53 / Sq Ft
12/27/2020 12/27/20 For Sale $59,000 -- $58 / 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 $3,351 $46,900 $0 $0
2024 $3,316 $40,700 $0 $0
2023 $2,123 $30,200 $0 $0
2022 $2,277 $23,300 $0 $0
2021 $1,385 $18,400 $0 $0
2020 $1,385 $16,500 $0 $0
2019 $1,364 $13,900 $0 $0
2018 $1,195 $12,400 $0 $0
2017 $237 $12,600 $0 $0
2016 $1,343 $14,600 $0 $0
2015 $1,460 $14,600 $0 $0
2013 $2,079 $20,785 $0 $0
2010 -- $30,474 $983 $29,491
Source: Public Records

Agents Affiliated with this Home

  • Valencia Lundy

    Seller's Agent in 2021

    Valencia Lundy

    All About Real Estate LLC

    (313) 478-9996

    1 in this area

    24 Total Sales

    Valencia Lundy
    Section Image

  • B

    Buyer's Agent in 2021

    Brentley Maxwell

    O'Connor Realty

    (313) 963-9891

    5 in this area

    55 Total Sales

    Brentley Maxwell
    Section Image

  • B

    Buyer's Agent in 2021

    Brent Maxwell

    Propfoxx

    Section Image
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Map

Source: Realcomp

MLS Number: 2200101892

Realcomp

APN: 21-078094

Michigan Wayne County Detroit 48224 Cornerstone Village

8844 Farmbrook St, Detroit, MI

Not Listed for Sale

Detached

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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