NOT LISTED FOR SALE

8866 Farmbrook St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $51,000 - $101,000

3 Beds
1 Bath
925 Sq Ft
$86/Sq Ft Est. Value

Last Sold February 01, 2023

Last sale price $22,000 $24 Per Sq Ft

Est. 261% increase in value since last sale

Current estimated payment $608/month

7 Days on Market

Highlights

  • Golf Course Community
  • Corner Lot
  • No HOA
  • Cass Technical High School Rated 10
  • Ground Level Unit
  • Bungalow

About This Home

As of February 2023

Charming 3/1 bungalow in Cornerstone Village. Minutes away from St. Johns hospital, Harper Woods, and Gross Pointe Woods. Property has a foundation issue that should be addressed. Roof and HVAC in good shape.

Last Agent to Sell the Property

Charles Campbell

ListWithFreedom.com License #6502431531 Listed on: 01/13/2023

Last Buyer's Agent

Albert Paglia

Level 5 Real Estate LLC License #6502423364

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00 x 120.00
  • Corner Lot

Home Design

  • Bungalow
  • Poured Concrete

Interior Spaces

  • 925 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W21I078097S

Community Details

Overview

  • No Home Owners Association
  • Green Oaks Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240.00
  • Year Built: 1942
  • State Equalized Value: 20300.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1665
  • Sq Ft Lower Floor: 740
  • Total Sq Ft: 925
  • Sq Ft Total Bsmt: 740

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Poured
  • Frontage Feet: 35
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

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

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • List Price per Acre: 259990.0000
  • Lot Features: Corner Lot, Golf Community
  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00 x 120.00
  • Parcel Number: W21I078097S

Tax Info

  • Tax Amount Summer: 916.0000
  • Tax Amount Winter: 79.0000
  • Total Tax: 995.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Jan 31, 2023
Sold by
Horizon Trust Co
Bought by
Level 5 Real Estate Llc
Seller's Agent
Charles Campbell
ListWithFreedom.com
Buyer's Agent
Albert Paglia
Level 5 Real Estate LLC
List Price
$25,999
Sold Price
$22,000
Premium/Discount to List
-$3,999
-15.38%
Views
63
Current Estimated Value
$79,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,412
Avg. Annual Appreciation
66.42%

Purchase Details

Closed on
Apr 30, 2013
Sold by
Equity Trust Company
Bought by
Horizon Trust Company and Jeff Krienke Ira

Purchase Details

Closed on
Dec 31, 2012
Sold by
Max Ultra Llc
Bought by
Equity Trust Company and Jeff Krienke Ira

Purchase Details

Closed on
Oct 18, 2012
Sold by
Buy Right Properties Llc
Bought by
Max Ultra Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,800
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2012
Sold by
Whetstone Enterprises Inc
Bought by
Buy Right Properties Llc
Source: Public Records

Range of Values:

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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
Level 5 Real Estate Llc $14,500 --
Level 5 Real Estate Llc $14,500 None Listed On Document
Horizon Trust Company -- None Available
Equity Trust Company $31,700 None Available
Max Ultra Llc $23,743 None Available
Buy Right Properties Llc -- Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Max Ultra Llc $24,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2023 02/01/23 Sold $22,000 -15.4% $24 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $25,999 -- $28 / 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 $2,096 $28,700 $0 $0
2024 $2,096 $24,500 $0 $0
2023 $941 $25,800 $0 $0
2022 $998 $20,300 $0 $0
2021 $972 $15,900 $0 $0
2020 $972 $14,300 $0 $0
2019 $959 $12,100 $0 $0
2018 $851 $10,000 $0 $0
2017 $147 $10,300 $0 $0
2016 $925 $9,000 $0 $0
2015 $900 $9,000 $0 $0
2013 $1,954 $19,544 $0 $0
2010 -- $28,654 $835 $27,819
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Charles Campbell

    ListWithFreedom.com

    Section Image

  • A

    Buyer's Agent in 2023

    Albert Paglia

    Level 5 Real Estate LLC

    (586) 756-1100

    1 in this area

    45 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 20230003266

Realcomp

APN: 21-078097

Michigan Wayne County Detroit 48224 Cornerstone Village

8866 Farmbrook St, Detroit, MI

This home is located at 8866 Farmbrook St, Detroit, MI 48224 since 13 January 2023 and is currently estimated at $79,412, approximately $85 per square foot. This property was built in 1942. 8866 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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