Seller's Agent in 2024
Spencer Ray
Jim Saros Real Estate Services
(313) 886-9030
38 in this area
202 Total Sales
1384 Balfour St Grosse Pointe Park, MI 48230
Estimated Value: $654,000 - $689,698
4
Beds
3.5
Baths
2,961
Sq Ft
$229/Sq Ft
Est. Value
Highlights
- Outdoor Pool
- Colonial Architecture
- No HOA
- George Defer Elementary School Rated A
- Fireplace in Primary Bedroom
- 3 Car Detached Garage
About This Home
As of January 2024Discover this breathtaking Tudor nestled in the heart of Grosse Pointe Park. Boasting four bedrooms and three-and-a-half bathrooms, this spacious residence exudes character while featuring a circular floorplan—a dream for entertainers and discerning buyers alike. Offered for the first time in over 30 years, this home holds a special place in local history as the residence of Derek Francis, a celebrated musician from the Detroit Symphony Orchestra. Immerse yourself in the rich architectural heritage of Grosse Pointe and Metro Detroit.
The home showcases three natural fireplaces in the primary bedroom, living room, and basement, creating a cozy ambiance for fall nights and Michigan winters. The primary bedroom includes an en-suite bathroom. The first floor features an office with an attached full bathroom, providing flexibility to convert it into a bedroom or guest suite. Original hardwood floors grace the entire home, complemented by abundant windows that fill each space with natural light—a rare feature in Tudor-style homes.
Situated on a generous lot, the property invites you to savor tranquil Michigan spring and summer afternoons. This prime location offers convenience, as it is steps away from downtown West Park, renowned for its award-winning restaurants, vibrant nightlife, and local schools. Don't miss the chance to add your touch to this truly unique home!
Last Agent to Sell the Property
Jim Saros Real Estate Services License #6501409153 Listed on: 11/10/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1928
Lot Details
- 0.27 Acre Lot
- Lot Dimensions are 67.00 x 172.00
- Back Yard Fenced
Parking
- 3 Car Detached Garage
Home Design
- Colonial Architecture
- Tudor Architecture
- Brick Exterior Construction
- Brick Foundation
- Stucco
Interior Spaces
- 2,961 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Partially Finished Basement
- Fireplace in Basement
Kitchen
- Built-In Gas Oven
- Built-In Gas Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
Laundry
- Dryer
- Washer
Utilities
- Central Air
- Hot Water Heating System
- Heating System Uses Natural Gas
- Sewer in Street
Additional Features
- Outdoor Pool
- Ground Level
Listing and Financial Details
- Assessor Parcel Number 39007010145000
- $4,500 Seller Concession
Community Details
Overview
- No Home Owners Association
- Grosse Pointe Manor Sub Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 10, 2023
Closed on
Dec 22, 2023
Sold by
Derek A Francis Living Trust and Pamela R Francis Living Trust
Bought by
Nixon Davis and Domagalski Rachel
Seller's Agent
Spencer Ray
Jim Saros Real Estate Services
Buyer's Agent
Mark DerManulian
Metropolitan Real Estate Group
List Price
$529,900
Sold Price
$500,000
Premium/Discount to List
-$29,900
-5.64%
Views
110
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,175
Avg. Annual Appreciation
19.76%
Original Mortgage
$380,000
Outstanding Balance
$354,163
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$324,012
Purchase Details
Closed on
Mar 7, 2012
Sold by
Francis Derek A
Bought by
Francis Derek A and The Derek A Francis Living Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nixon Davis | $500,000 | None Listed On Document | |
| Nixon Davis | $500,000 | None Listed On Document | |
| Francis Derek A | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nixon Davis | $380,000 | |
| Closed | Nixon Davis | $380,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/01/2024 01/01/24 | Sold | $500,000 | -5.6% | $169 / Sq Ft |
| 12/11/2023 12/11/23 | Pending | -- | -- | -- |
| 11/10/2023 11/10/23 | For Sale | $529,900 | -- | $179 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $8,074 | $334,700 | $0 | $0 |
| 2024 | $8,074 | $325,400 | $0 | $0 |
| 2023 | $4,887 | $297,900 | $0 | $0 |
| 2022 | $4,643 | $282,200 | $0 | $0 |
| 2021 | $9,155 | $298,200 | $0 | $0 |
| 2019 | $9,422 | $255,000 | $0 | $0 |
| 2018 | $4,427 | $210,500 | $0 | $0 |
| 2017 | $9,854 | $138,700 | $0 | $0 |
| 2016 | $9,223 | $191,800 | $0 | $0 |
| 2015 | $16,568 | $180,200 | $0 | $0 |
| 2013 | $16,050 | $166,500 | $0 | $0 |
| 2012 | $3,870 | $172,900 | $53,100 | $119,800 |
Source: Public Records
Agents Affiliated with this Home
-
Spencer Ray
-
Mark DerManulian
Buyer's Agent in 2024
Mark DerManulian
Metropolitan Real Estate Group
(313) 530-3536
4 in this area
242 Total Sales
Map
Source: Realcomp
MLS Number: 20230095507
APN: 39-007-01-0145-000
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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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