About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

5251 Farmbrook St, Detroit, MI 48224

$78,000
Last sold 11/12/2024 for $71.5K
3
bed
1
bath
1,005
Sqft ($71/Sqft)

House not for sale

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About 5251 Farmbrook St

Property type House

Neighborhood

Year built 1942

HOA fee $0/month

Lot size 4,356 Sqft

Movoto estimate

Rental estimate

Property description

This charming home is an excellent opportunity for first-time home buyers or investors. With the potential to rent out for $1600 a month through the Section 8 program, this property promises a steady and reliable income stream. Well-maintained and located in a desirable neighborhood with convenient access to schools, shopping, and public transportation, it offers both comfort and practicality. Whether you're looking to start your homeownership journey or expand your investment portfolio, this home is a fantastic choice. Don’t miss out on this versatile and valuable property! Call for a showing! Furnace and hot water tank will be installed after an accepted offer. (Property has an alarm.) -The alarm is not included-Sold As Is. "This property has cameras inside and outside the premises"

Listed by

Listing Agent - Sotero M Lopez II

Listing Agent Contact: 8885017085

Listing Office - EXP Realty LLC

Source: Realcomp

MLS#20240057486 • last updated 11 months ago

Movoto checked Realcomp for data 54 minutes ago

Overview
Heating	ForcedAir, NaturalGas
Levels/Style	One And One Half, Bungalow
Status	Sold
SubType	Single Family Residence
Living Area	1005
MLS #	20240057486
Lot Size (Acres)	0.1
Property Tax	1477

Interior
Total # of Bathrooms	1
# of Full Baths	1
Total # of Bedrooms	3

Exterior
Construction	Brick
Foundation	Basement, BrickMortar
Parking	No Garage

Amenities / Utilities
Pool	None

Location
Subdivision	FARMBROOK (PLATS)
High School District	Detroit
APN	W21I078171S
Directions	SO OF MOROSS EAST OF CHANDLER PARK

Lot/ Land Details
Road Frontage	Paved

$78K

Range: $59.2K-$96.7K

Last 30 days

Rental est.: $1,266/month

• Gross rent multiplier: 4.7 - Great

Nov 2024
Public Records
Nov 15, 2024 Sold
$71,500
Nov 2024
MLS # 20240057486
Nov 14, 2024 Sold
$71,500 (-10.5%)
Nov 3, 2024 Pending
—
Aug 7, 2024 Listed
$79,900 (+11.0%)
Aug 2024
MLS # 60329585
Aug 7, 2024 Listed
$79,900
Feb 2021
Public Records
Feb 10, 2021 Sold
$72,000 (-88.4%)
Oct 2020
Public Records
Oct 23, 2020 Sold
$622,500 (+1496.2%)
Aug 2019
Public Records
Aug 23, 2019 Sold
$39,000 (+41.8%)
Jul 2018
Public Records
Jul 20, 2018 Sold
$27,500 (-74.5%)
May 2004
Public Records
May 3, 2004 Sold
$108,000

Year Property taxes Tax assessment
2023
$1,477 +126.6%

$32,200 +92.81%
2022
$652 -49.6%

$16,700 -39.71%
2020
$1,293 +29.2%

$27,700 +132.77%
2018
$1,001

$11,900

5251 Farmbrook St
$71.5K
Cornerstone Village
$78.2K -14% y/y
48224
$89.9K -5% y/y
Detroit
$100K -4% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
5259 Farmbrook St, Detroit, MI 48224	$77,000	3/—	1,007	0.01
5241 Farmbrook St, Detroit, MI 48224	$74,000	—/2	2,080	0.01
5267 Farmbrook St, Detroit, MI 48224	$77,000	—/1	972	0.01
5233 Farmbrook St, Detroit, MI 48224	$78,000	3/1	821	0.02
5252 Lodewyck St, Detroit, MI 48224	$102,000	3/1	1,006	0.02
5275 Farmbrook St, Detroit, MI 48224	$85,000	—/1	735	0.02
5260 Lodewyck St, Detroit, MI 48224	$85,000	—/1	1,005	0.02
5240 Lodewyck St, Detroit, MI 48224	$120,000	2/1	656	0.02

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.