NOT LISTED FOR SALE

11516 Balfour Rd Detroit, MI 48224

Moross-Morang Neighborhood

Estimated Value: $76,685 - $79,000

3 Beds
1 Bath
1,000 Sq Ft
$78/Sq Ft Est. Value

Last Sold October 11, 2018

Last sale price $26,095 $26 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $483/month

67 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Bungalow

About This Home

As of October 2018

A truly fantastic opportunity!
Investor retiring-90 properties separately or bundled, tenant occupied-month to month leases. All properties in good condition, most with new or newer roofs, water heaters and some furnaces. This is a hands on property owner. Come quickly, they won't last long. Showing agent to verify all measurements. As is sale. 48 hours notice to show.

Last Agent to Sell the Property

Deborah Kelly

Coldwell Banker Professionals-GPF License #6501376831 Listed on: 03/19/2018

Co-Listed By

Chris Dasaro

Coldwell Banker Professionals-GPF License #6501341881

Coldwell Banker Professionals-GPF

Last Buyer's Agent

Chris Dasaro

Coldwell Banker Professionals-GPF License #6501341881

Coldwell Banker Professionals-GPF

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1943

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 42.50x126.14

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Park Drive No 4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I067921S

Home Details

Home Type

Single Family

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1400
  • Sq Ft Lower Floor: 400
  • Total Sq Ft: 1000
  • Sq Ft Total Bsmt: 816

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 42
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 257500.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 42.50X126.14
  • Parcel Number: W21I067921S

Tax Info

  • Tax Amount Summer: 1270.0000
  • Tax Amount Winter: 153.0000
  • Total Tax: 1423.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2025
Sold by
Premier Prime Development Llc
Bought by
Plus More Acquisitions Llc
Current Estimated Value
$74,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Outstanding Balance
$56,765
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$20,906

Purchase Details

Closed on
Aug 15, 2024
Sold by
Dlj Properties Llc
Bought by
Premier Prime Development Llc

Purchase Details

Closed on
Apr 15, 2023
Sold by
Jaymin Llc
Bought by
Dlj Properties Llc

Purchase Details

Closed on
Oct 10, 2022
Sold by
Dlj Properties Llc
Bought by
Jaymin Llc

Purchase Details

Closed on
Nov 10, 2021
Sold by
Binitials Investments Llc
Bought by
Dlj Properties Llc

Purchase Details

Listed on
Mar 19, 2018
Closed on
Nov 30, 2018
Sold by
Iron Fist Properties Llc
Bought by
Binitials Investments Llc
Seller's Agent
Deborah Kelly
Coldwell Banker Professionals-GPF
Buyer's Agent
Chris Dasaro
Coldwell Banker Professionals-GPF
List Price
$30,900
Sold Price
$26,095
Premium/Discount to List
-$4,805
-15.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.29%
Original Mortgage
$317,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 19, 2018
Closed on
Oct 3, 2018
Sold by
Waggoner James
Bought by
Iron Fist Properties Llc
Seller's Agent
Deborah Kelly
Coldwell Banker Professionals-GPF
Buyer's Agent
Chris Dasaro
Coldwell Banker Professionals-GPF
List Price
$30,900
Sold Price
$26,095
Premium/Discount to List
-$4,805
-15.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 2, 2015
Sold by
Media Homes Llc
Bought by
James Properties Inc

Purchase Details

Closed on
Nov 10, 2015
Sold by
Treasurer Of The Charter County Of Wayne
Bought by
Media Homes Llc

Purchase Details

Closed on
Apr 11, 2007
Sold by
Skardoutos Christ
Bought by
Hsbc Bank Na and Ace Securities Corp Home Equity Loan Tru

Purchase Details

Closed on
Feb 10, 2006
Sold by
Martin Larry and Martin Shenita
Bought by
Skardoutos Christ

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
9.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 10, 2005
Sold by
Martin Larry and Martin Shenita
Bought by
Sunrise Properties Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Plus More Acquisitions Llc -- None Listed On Document
Plus More Acquisitions Llc -- None Listed On Document
Premier Prime Development Llc -- Title Solutions
Premier Prime Development Llc -- Title Solutions
Dlj Properties Llc $5,000 None Listed On Document
Jaymin Llc $5,000 --
Dlj Properties Llc $35,000 --
Binitials Investments Llc $42,500 Regions Title Agency Llc
Iron Fist Properties Llc $26,095 Regions Title Agency Llc
James Properties Inc -- Etitle Agency Inc
Media Homes Llc $8,500 None Available
Hsbc Bank Na $80,488 None Available
Skardoutos Christ $90,000 Battersby Title Inc
Sunrise Properties Inc $35,266 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plus More Acquisitions Llc $57,000
Closed Plus More Acquisitions Llc $57,000
Previous Owner Iron Fist Properties Llc $317,000
Previous Owner Skardoutos Christ $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2018 10/11/18 Sold $26,095 -15.6% $26 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $30,900 0.0% $31 / Sq Ft
03/20/2018 03/20/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $30,900 -- $31 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,291 $30,900 $0 $0
2024 $2,291 $27,100 $0 $0
2023 $1,180 $22,500 $0 $0
2022 $1,257 $18,100 $0 $0
2021 $1,223 $14,700 $0 $0
2020 $1,223 $13,700 $0 $0
2019 $1,205 $10,900 $0 $0
2018 $1,002 $9,900 $0 $0
2017 $190 $10,000 $0 $0
2016 $1,423 $15,600 $0 $0
2015 $1,560 $15,600 $0 $0
2013 $2,171 $21,705 $0 $0
2010 -- $31,822 $1,385 $30,437
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Deborah Kelly

    Coldwell Banker Professionals-GPF

  • Chris Dasaro

    Seller Co-Listing Agent in 2018

    Chris Dasaro

    Coldwell Banker Professionals-GPF

    (313) 268-6342

    128 Total Sales

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Map

Source: Realcomp

MLS Number: 218022222

Realcomp

APN: 21-067921

Michigan Wayne County Detroit 48224 Moross-Morang

11516 Balfour Rd, Detroit, MI

This home is located at 11516 Balfour Rd, Detroit, MI 48224 since 19 March 2018 and is currently estimated at $77,671, approximately $77 per square foot. This property was built in 1943. 11516 Balfour Rd is a home located in Wayne County with nearby schools including Carleton Elementary School, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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