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Sold for $115,000
  • $115,000

    5581 Farmbrook St, Detroit, MI 48224

    3beds
    1,152sqft
    Single Family Residence
    Built in 1946
    5,662.8 Square Feet Lot
    $111,000 Zestimate®
    $100/sqft
    $1,216 Estimated rent

    Home value

    $111,000

    $97,000 - $124,000

    $1,216/mo

    Zestimate® history
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    Rent Zestimate®

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    $662/mo

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    What's special

    Completely updated stunning brick Colonial in Cornerstone Village. Beautiful kitchen with new counter, backsplash, stainless steel sink and faucet, ceiling fan and ceramic tile flooring. Open floor plan to Dining Room. Living room boast beautifully updated natural fireplace with ceramic tile and luxury vinyl flooring. Gorgeous updated bathroom with ceramic tile floor and shower walls. New tub, toilet, vanity, and fixtures as well. Luxury vinyl tile throughout bedrooms, hall and staircase. Other amenities include all new windows and new door wall to backyard. Updated electrical, new light fixtures, new exterior doors, new garage door, fresh paint throughout, and new furnace 2022 and hot water tank 2022. Prime Location near East English Village, Chandler Park Drive, and St. John Moross Hospital. Close to area shopping and dining in Grosse Pointe and minutes from I-94. This property qualifies for $5,000 Chase Homebuyer Grant that can be used towards closing costs, and first time home buyers may receive an additional $1000. Seller is offering to pay concessions for 3-2-1 Buy-down mortgage through Mortgage One. Example: Offer price $130,000, possible Interest Rate 6.75%, You get 3.75% 1st year rate, 4.75% 2nd year rate, 5.75% 3rd year rate, and if you refinance before the 37th month, the unused funds contribute to your costs to refinance.

    Zillow last checked: 7 hours ago

    Listing updated: March 13, 2024 at 06:09am

    Listed by:

    Tracy Termini 586-292-9018,

    Berkshire Hathaway HomeServices Kee Realty New Ba

    Bought with:

    Ricky Hobbs, 6501430236

    EXP Realty Shelby Twp

    Source: Realcomp II,MLS#: 20221038610MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Ceiling Fans
    Features
    • Windows: Energy Star Qualified Windows
    • Basement: Unfinished
    • Has fireplace: Yes
    • Fireplace features: Family Room, Wood Burning
    Interior area
    • Total interior livable area: 1,152 sqft
    • Finished area above ground: 1,152

    Property

    Parking
    • Total spaces: 1
    • Parking features: One Car Garage, Attached
    • Garage spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: GroundLevelwSteps
    • Pool features: None
    Lot
    • Size: 5,662 sqft
    • Dimensions: 54.00 x 103.00
    Details
    • Parcel number: W21I078153S
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Basement, Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1946
    • Major remodel year: 2022

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Detroit
    • Subdivision: RIVARD VILLAS

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,FHA 203K,Va Loan,Warranty Deed

    Price history

    DateEventPrice
    4/14/2023Sold$115,000-11.5%$100/sqft
    Source: Realcomp II #20221038610 Report a problem
    1/17/2023Pending sale$130,000$113/sqft
    Source: Realcomp II #20221038610 Report a problem
    1/17/2023Listed for sale$130,000$113/sqft
    Source: Realcomp II #20221038610 Report a problem
    12/15/2022Listing removed--
    Source: BHHS broker feed Report a problem
    12/1/2022Price change$130,000-5%$113/sqft
    Source: Realcomp II #20221038610 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $24,000 +33.3%
    2024-- $18,000 +16.1%
    2023-- $15,500 +26%

    Find assessor info on the county website

    Neighborhood: Cornerstone Village

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $111,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $111,000