tomo logo

$85,000

Beds
3
Baths
1.0
sq ft
1,120

5205 Farmbrook St, Detroit, MI 48224

5205 Farmbrook St

Detroit, MI 48224

  • 12 days on market
Welcome to your new home in the sought-after East English Village! This solid brick ranch offers 3 cozy bedrooms and 1 full bath on the main floor, with a full basement featuring 2 additional bedrooms, a laundry room, and extra storage space—perfect for expanding your living area or accommodating guests. Highlights include: Brick exterior for timeless curb appeal Full basement with added bedrooms and storage No Garage, Street parking available Ideal for investors or new homeowners looking to update and personalize Offers: Cash and conventional offers accepted Don't miss this fantastic opportunity to own a versatile home in a vibrant neighborhood!

Details

Property type

Single Family Residence

Est. home value

$103,121

Lot size

4,792 sq ft

Price per sq ft

$76

Year built

1951

Annual property taxes

$1,017

Price History

06/20/2024
Realcomp

Realcomp #20240043819

Listed
$85,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Detroit

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Bank

Loan start date

April 2006

Original loan amount

$103,500

Est. remaining balance

Not provided

Interest rate

8.99%

Loan type

Not Provided, 30 year

Seller

Orlando Pace and Sharon Pace

Lender

First Bank

Loan start date

April 2006

Original loan amount

$103,500

Est. remaining balance

Not provided

Interest rate

8.99%

Loan type

Not Provided, 30 year

Seller

Orlando Pace and Sharon Pace

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/02/2024 at 7:10 PM

Listing updated: 06/21/2024 at 6:14 AM

Listed by: Lakeshia Willis, EXP Realty LLC Phone #: (888) 501-7085

MLS: Realcomp #20240043819

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