NOT LISTED FOR SALE

4600 Balfour Rd Detroit, MI 48224

Morningside Neighborhood

Estimated Value: $115,000 - $137,000

-- Bed
2 Baths
1,824 Sq Ft
$71/Sq Ft Est. Value

Last Sold August 12, 2024

Last sale price $124,400 $68 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $791/month

81 Days on Market

Highlights

  • 1 Fireplace
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of August 2024

This home is located at 4600 Balfour Rd, Detroit, MI 48224 since 30 April 2024 and is currently estimated at $129,128, approximately $70 per square foot. This property was built in 1926. 4600 Balfour Rd is a home located in Wayne County with nearby schools including Edward 'Duke' Ellington Conservatory of Music and Art, Charles L. Spain Elementary-Middle School, and Bates Academy.

Last Agent to Sell the Property

Warren Wynn

Keller Williams Paint Creek License #6501311616 Listed on: 04/30/2024

Keller Williams Paint Creek

Last Buyer's Agent

Marcus Twyman

Opulent Realty Team License #6502415585

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,578

Year Built

  • Built in 1926

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40 x 130

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, water, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,578

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1926
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40 x 130
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1578.0
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 130000.0
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 40 x 130
  • Lot Size Sq Ft: 5227.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1578.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
Aug 9, 2024
Sold by
Choudhury Tarique Hasan
Bought by
Balogun Emmanuel
Seller's Agent
Warren Wynn
Keller Williams Paint Creek
Buyer's Agent
Marcus Twyman
Opulent Realty Team
List Price
$135,000
Sold Price
$124,400
Premium/Discount to List
-$10,600
-7.85%
Views
194
Current Estimated Value
$129,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,728
Avg. Annual Appreciation
3.13%
Original Mortgage
$93,300
Outstanding Balance
$92,242
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$36,886

Purchase Details

Closed on
Aug 15, 2012
Sold by
Smart Homes Investments Ltd
Bought by
Choudhury Tarique Hasan

Purchase Details

Closed on
Aug 18, 2011
Sold by
Quinn Delanor H
Bought by
The Bank Of New York Mellon and The Bank Of New York
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
Balogun Emmanuel $124,400 None Listed On Document
Balogun Emmanuel $124,400 None Listed On Document
Choudhury Tarique Hasan $33,000 None Available
The Bank Of New York Mellon $109,773 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balogun Emmanuel $93,300
Closed Balogun Emmanuel $93,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2024 08/12/24 Sold $124,400 -4.3% $68 / Sq Ft
06/16/2024 06/16/24 Pending -- -- --
06/11/2024 06/11/24 Price Changed $130,000 -3.7% $71 / Sq Ft
04/30/2024 04/30/24 For Sale $135,000 0.0% $74 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $135,000 +1566.7% $74 / Sq Ft
05/04/2012 05/04/12 Sold $8,100 +17.4% $4 / Sq Ft View Prior Sale
03/30/2012 03/30/12 Pending -- -- --
03/14/2012 03/14/12 For Sale $6,900 -- $4 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $1,371 $59,600 $0 $0
2024 $1,371 $49,400 $0 $0
2023 $1,578 $39,000 $0 $0
2022 $1,678 $29,100 $0 $0
2021 $1,634 $23,600 $0 $0
2020 $1,634 $21,200 $0 $0
2019 $1,609 $17,800 $0 $0
2018 $1,419 $15,600 $0 $0
2017 $260 $15,000 $0 $0
2016 $1,550 $16,000 $0 $0
2015 $1,600 $16,000 $0 $0
2013 $2,157 $21,573 $0 $0
2010 -- $31,628 $1,263 $30,365
Source: Public Records

Agents Affiliated with this Home

  • Warren Wynn

    Seller's Agent in 2024

    Warren Wynn

    Keller Williams Paint Creek

    (248) 609-8000

    1 in this area

    12 Total Sales

    Warren Wynn
    Section Image

  • M

    Buyer's Agent in 2024

    Marcus Twyman

    Opulent Realty Team

    Section Image
  • Reginald Perryman

    Seller's Agent in 2012

    Reginald Perryman

    KW Metro

    (248) 450-0978

    4 in this area

    325 Total Sales

    Reginald Perryman
    Section Image

  • E

    Buyer's Agent in 2012

    E George Thomas

    Temporary Inactive Users

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24014591

Southwestern Michigan Association of REALTORS®

APN: 21-067668

Michigan Wayne County Detroit 48224 Morningside

4600 Balfour Rd, Detroit, MI

This home is located at 4600 Balfour Rd, Detroit, MI 48224 since 30 April 2024 and is currently estimated at $129,128, approximately $70 per square foot. This property was built in 1926. 4600 Balfour Rd is a home located in Wayne County with nearby schools including Edward 'Duke' Ellington Conservatory of Music and Art, Charles L. Spain Elementary-Middle School, and Bates Academy.

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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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