3 months on rocket

6317 Farmbrook St, Detroit, MI, 48224

$62,000

Home List Price

$736*

Closing Credit

3 Bedrooms
1 Full Bath
1,159 SqFt
$53/SqFt
House

Location

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6317 Farmbrook St, Detroit$62,000

Buyer Closing Credits

$736*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1948
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240063004
Lot Size0.10 Acres
StatusActive

About 6317 Farmbrook St

TENANT OCCUPIED BRICK BUNGALOW HOME LOCATED SOUTH OF MOROSS AND EAST OF I-94. TENANT HAS BEEN IN THE HOME SINCE 9/1/23 AND IS CURRENTLY MONTH TO MONTH. RENT IS 900 PER MONTH AND THERE IS A 775 SECURITY DEPOSIT HELD. PROPERTY IS SOLD WITH THE TENANT. THIS HOME FEATURES THREE BEDROOMS, ONE BATHROOM, AND AN UNFINISHED BASEMENT. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1948
  • Stories: 1
  • Living Area: 1,159 SqFt

Listing Office:

  • Office Name: Detroit Investment Company
  • Office Phone: (734) 838-9197
  • Listing Agent: Greg Majewski

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, EAST OF 94

Price Information

Listing Price Info

Price Summary:

  • List Price: $62,000
  • Price Per SqFt: $53/SqFt

Tax Information:

  • Annual Amount: $1,719
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

6317 Farmbrook St vs Detroit

90 DAYS ON ROCKET

+45 Days

$62,000

-$23K Less

$53/SqFt

-$21 Less

KEY TAKEAWAY

This property is $23K less than the Median Sold Price and $21/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: #20240063004

Listing Office:

  • Office Name: Detroit Investment Company
  • Office Phone: (734) 838-9197
  • Listing Agent: Greg Majewski

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: 11/22/2024, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 05, 2020Home Sold
$25,000
Mar 05, 2020Home Sold
$58,000
May 17, 2018Home Sold
$26,000
Sep 22, 2015Home Sold
$47,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,719$21,400
2020$1,450$19,200
2018$1,450$14,000
2017$1,495$14,300

History based on county public records data.

Payment Calculator

$377

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$252

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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-541588
1
/10
  • Distinctive College Preparatory

  • 19360 Harper Ave

  • 0.57 miles

  • Public Charter Grades KG-6

school-card-donut-541589
1
/10
  • Tyrone Elementary School

  • 19525 Tyrone St

  • 0.73 miles

  • Public Magnet Grades 4-6

school-card-donut-541590
1
/10
  • Carleton Elementary School

  • 11724 Casino St

  • 1.12 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,448. The most common annual income of people living in Detroit, MI is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6317 Farmbrook St

What is the listing price of this property?

The listing price of 6317 Farmbrook St property is $62,000.

What type of property is this?

The property 6317 Farmbrook St is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 6317 Farmbrook St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,719 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 5, 2020 for $25,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 6317 Farmbrook St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 6317 Farmbrook St is 1,159 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 6317 Farmbrook St is 1948.

Rocket Homes›Michigan›Wayne County›Detroit›48224›6317 Farmbrook St

This home is located at 6317 Farmbrook St in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 1,159 square foot home, which was built in 1948, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $62,000.

In October 2024, from all listings sold in Detroit, MI there were more than 125 sold above asking price, over 257 sold below and more than 93 were sold right at the asked price. Between September 2024 and October 2024, Detroit, MI real estate market has seen increase in the number of listings by 11.2%. In October 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $85,000.

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

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