14 days on rocket

Sale Pending

5291 Farmbrook St, Detroit, MI, 48224

$49,900

Home List Price

$593*

Closing Credit

3 Bedrooms
1 Full Bath
1,038 SqFt
$48/SqFt
House
Schools Nearby

Location

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5291 Farmbrook St, Detroit$49,900

Buyer Closing Credits

$593*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1940
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240032657
Lot Size0.10 Acres
StatusSale Pending
(Pending)

About 5291 Farmbrook St

3 Bedroom, 1 Bath Bungalow with 2 car detached garage. Estate Matter - Being sold "As Is"

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1940
  • Stories: 1
  • Living Area: 1,038 SqFt

Listing Office:

  • Office Name: F L Andary Realty Company Inc
  • Office Phone: (313) 886-5670
  • Listing Agent: Marian Bonanno

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: South of Moross/West of Mack

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,900
  • Price Per SqFt: $48/SqFt

Tax Information:

  • Annual Amount: $1,047
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

Med. Sold Price

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

5291 Farmbrook St vs Detroit

14 DAYS ON ROCKET

-31 Days

$49,900

-$31.1K Less

$48/SqFt

-$23 Less

KEY TAKEAWAY

This property is $31.1K less than the Median Sold Price and $23/SqFt less than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240032657

Listing Office:

  • Office Name: F L Andary Realty Company Inc
  • Office Phone: (313) 886-5670
  • Listing Agent: Marian Bonanno

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 5:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,047$17,100
2020$991$15,400
2018$991$11,000
2017$1,026$11,300

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4250703
1
/10
  • Tyrone Elementary School

  • 19525 Tyrone St

  • 1.18 miles

  • Public Magnet Grades 4-6

school-card-donut-4250704
4
/10
  • John Monteith Elementary School

  • 1275 Cook Rd

  • 1.24 miles

  • Public District Grades KG-5

school-card-donut-4250705
1
/10
  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 1.30 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,125. The majority of Detroit, MI residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5291 Farmbrook St

What is the listing price of this property?

The listing price of 5291 Farmbrook St property is $49,900.

What type of property is this?

The property 5291 Farmbrook St is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Sale Pending: 5291 Farmbrook St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,047 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5291 Farmbrook St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5291 Farmbrook St is 1,038 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5291 Farmbrook St is 1940.

Rocket HomesMichiganWayne CountyDetroit482245291 Farmbrook St

This home is located at 5291 Farmbrook St in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 1,038 square foot home, which was built in 1940, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $49,900.

In April 2024, from all listings sold in Detroit, MI there were more than 94 sold above asking price, over 243 sold below and more than 89 were sold right at the asked price. Between March 2024 and April 2024, Detroit, MI real estate market has seen increase in the number of listings by 12.7%. The median list price of listings available in April 2024 was $81,036, while the average time on the real estate market was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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