NOT LISTED FOR SALE

1405 Balmoral Dr Detroit, MI 48203

Palmer Woods Neighborhood

Estimated Value: $610,000 - $918,000

6 Beds
4.5 Baths
6,293 Sq Ft
$120/Sq Ft Est. Value

Last Sold June 15, 2016

Last sale price $500,000 $79 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,834/month

14 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • 3 Car Attached Garage
  • Cass Technical High School Rated 10
  • Covered patio or porch
  • Air Purifier

About This Home

As of June 2016

Original Model home in Palmer Woods. 1921 3 story Dutch Colonial in desirable Palmer Woods Historic District of Detroit. Incredible entry w/gorgeous split staircase & open concept along with huge room sizes throughout. This home has a great flow & will accommodate a large family, live-in helpers/family w/private staircase while great for entertaining. Must see attached Greenhouse & 3 car garage! Brand new kitchen w/granite, backsplash, island, & architect series stainless steel appliances. 3rd story includes a Ballroom & au-pair suite. Current owners have put in over $300,000 in renovations since 1999 including but not limited to: Roof, gutters, storm windows, Greenhouse rebuilt walls/windows, ornamental metal fence w/electric opener, sprinklers, walkway, boiler replacement, gravity direct vent wall furnace, air conditioning to top two floors, replacement of 35 interior solid wood doors, Insta-Dry basement system, & Second sump-pump installed. Excellent engaged homeowners association.

Last Agent to Sell the Property

Ian Whitelaw

Central Properties Group LLC License #6502385342 Listed on: 04/19/2016

Co-Listed By

Tom Fisher

3DX Real Estate LLC License #6501329337

Last Buyer's Agent

Christine Winans

Berkshire Hathaway HomeServices Kee Realty Bham License #6501319579

Berkshire Hathaway HomeServices Kee Realty Bham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1921 | Remodeled in 2004

Lot Details

  • 0.53 Acre Lot
  • Fenced
  • Corner Lot

HOA Fees

  • $41 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 6,293 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Attic Fan
  • Security System Owned
  • Partially Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number W27I062214S
  • $5,000 Seller Concession

Community Details

Overview

  • Palmerwoods.Com Association
  • Palmer Woods Sub Nez Subdivision

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,386

Year Built

Built in 1921 | Remodeled in 2004

Lot Details

0

HOA Fees

$41 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Year Built: 1921
  • Year Renovated: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Air Purifier, Cable Available, High Spd Internet Avail, Humidifier, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 20
  • Total Bedrooms: 6
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 7493
  • Sq Ft Lower Floor: 1200
  • Total Sq Ft: 6293
  • Sq Ft Total Bsmt: 2187

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Exclusions: Yes
  • Exterior Features: Fenced, Lighting, Security Patrol
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 250
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Heating: Baseboard, Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 495
  • Association Contact: PALMERWOODS.COM
  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1037735.8491
  • Lot Features: Corner Lot
  • Lot Size Area: 0.53
  • Lot Dimensions: irregular
  • Parcel Number: W27I062214S

Tax Info

  • Tax Amount Summer: 4523.0000
  • Tax Amount Winter: 863.0000
  • Total Tax: 5386.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2020
Sold by
Blanco Jacinto and Eason Shane L
Bought by
Blanco Jacinto and Eason Shane L
Current Estimated Value
$769,382

Purchase Details

Listed on
Apr 19, 2016
Closed on
Jun 15, 2016
Sold by
Johnson Brian D and Mcdade Sarah B
Bought by
Blanco Jacinto and Eason Shane L
Seller's Agent
Ian Whitelaw
Central Properties Group LLC
Buyer's Agent
Christine Winans
Berkshire Hathaway HomeServices Kee Realty Bham
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$400,000
Outstanding Balance
$322,741
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$439,066
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
Blanco Jacinto -- None Available
Blanco Jacinto $500,000 Devon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blanco Jacinto $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2016 06/15/16 Sold $500,000 -9.1% $79 / Sq Ft
05/03/2016 05/03/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $550,000 -- $87 / 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 $6,974 $338,200 $0 $0
2024 $6,974 $333,400 $0 $0
2023 $6,813 $317,900 $0 $0
2022 $7,751 $255,100 $0 $0
2021 $8,066 $192,600 $0 $0
2020 $7,204 $200,000 $0 $0
2019 $6,824 $157,000 $0 $0
2018 $5,162 $131,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ian Whitelaw

    Seller's Agent in 2016

    Ian Whitelaw

    Central Properties Group LLC

    (248) 855-5955

    52 Total Sales

    Section Image

  • T

    Seller Co-Listing Agent in 2016

    Tom Fisher

    3DX Real Estate LLC

    (734) 658-3483

    44 Total Sales

    Section Image
  • Christine Winans

    Buyer's Agent in 2016

    Christine Winans

    Berkshire Hathaway HomeServices Kee Realty Bham

    (248) 505-1704

    141 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 216035190

Realcomp

APN: 27-062214

Michigan Wayne County Detroit 48203 Palmer Woods

1405 Balmoral Dr, Detroit, MI

This home is located at 1405 Balmoral Dr, Detroit, MI 48203 since 19 April 2016 and is currently estimated at $752,740, approximately $119 per square foot. This property was built in 1921. 1405 Balmoral Dr is a home located in Wayne County with nearby schools including Charles L. Spain Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Mumford High 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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