NOT LISTED FOR SALE

4826 Balfour Rd Detroit, MI 48224

Morningside Neighborhood

Estimated Value: $124,000 - $202,000

4 Beds
2 Baths
2,016 Sq Ft
$72/Sq Ft Est. Value

Last Sold October 27, 2016

Last sale price $9,000 $4 Per Sq Ft

Est. 1,523% increase in value since last sale

Current estimated payment $875/month

78 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10

About This Home

As of October 2016

A large duplex! Both units are currently tenanted. Great investment property!

Last Agent to Sell the Property

Greg White

Imagine Home Realty License #6501358183 Listed on: 08/03/2016

Last Buyer's Agent

Robert Funk

RE/MAX First License #6501112525

RE/MAX First

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00x130.00

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt

Interior Spaces

  • 2,016 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • East Detroit Development Cos No 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I067686S

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 2016
  • Total Sq Ft: 2016
  • Sq Ft Total Bsmt: 1008

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Asphalt
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 83333.3333
  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00X130.00
  • Parcel Number: W21I067686S

Tax Info

  • Tax Amount Summer: 1054.0000
  • Tax Amount Winter: 86.0000
  • Total Tax: 1140.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2017
Sold by
Synergy Holdings Group Llc
Bought by
Rutledge Patricia
Current Estimated Value
$146,114

Purchase Details

Listed on
Aug 3, 2016
Closed on
Oct 27, 2016
Sold by
Level Spread Llc
Bought by
Synergy Holdings Group Llc
Seller's Agent
Greg White
Imagine Home Realty
Buyer's Agent
Robert Funk
RE/MAX First
List Price
$34,900
Sold Price
$9,000
Premium/Discount to List
-$25,900
-74.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.30%

Purchase Details

Closed on
Aug 7, 2015
Sold by
Insiders Cash Llc
Bought by
Level Field Spread Llc

Purchase Details

Closed on
Feb 10, 2015
Sold by
Horizon Trust Company
Bought by
Insiders Cash Llc

Purchase Details

Closed on
Feb 5, 2014
Sold by
Screaming Eagle Properties Llc
Bought by
Horizon Trust Company and Leetoile Rogers Ira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
4.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2013
Sold by
Equity Trust Company
Bought by
Level Field Spread Llc

Purchase Details

Closed on
Mar 14, 2012
Sold by
Property Nov11 Llc
Bought by
Equity Trust Company and Andrea Preston Ira

Purchase Details

Closed on
Nov 11, 2011
Sold by
Luxor Holdings Llc
Bought by
Property Nov11 Llc

Purchase Details

Closed on
Nov 10, 2011
Sold by
Stromco Housing Llc
Bought by
Luxor Holdings Llc

Purchase Details

Closed on
Jan 1, 2004
Sold by
Sheppard Joseph A and Sheppard Dina L
Bought by
Stromco Housing Llc

Purchase Details

Closed on
Sep 27, 2002
Sold by
Sheppard Thomas J and Sheppard Cathrine
Bought by
Sheppard Joseph A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rutledge Patricia $500 None Available
Synergy Holdings Group Llc $9,000 None Available
Level Field Spread Llc -- Attorney
Insiders Cash Llc -- None Available
Horizon Trust Company $64,400 None Available
Level Field Spread Llc $51,500 Embassy Title Agency Inc
Equity Trust Company $51,500 Embassy Title Agency Inc
Property Nov11 Llc $27,000 Embassy Title Agency Inc
Luxor Holdings Llc $21,500 None Available
Stromco Housing Llc -- --
Sheppard Joseph A $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horizon Trust Company $50,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2016 10/27/16 Sold $9,000 -10.0% $4 / Sq Ft
10/20/2016 10/20/16 Pending -- -- --
10/12/2016 10/12/16 Price Changed $10,000 -61.4% $5 / Sq Ft
09/09/2016 09/09/16 Price Changed $25,900 -25.8% $13 / Sq Ft
08/03/2016 08/03/16 For Sale $34,900 -- $17 / 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 $1,305 $55,800 $0 $0
2024 $1,305 $46,200 $0 $0
2023 $1,512 $36,400 $0 $0
2022 $1,608 $27,200 $0 $0
2021 $1,566 $22,000 $0 $0
2020 $1,566 $19,800 $0 $0
2019 $1,543 $16,600 $0 $0
2018 $1,362 $13,600 $0 $0
2017 $247 $13,000 $0 $0
2016 $1,025 $9,100 $0 $0
2015 $910 $9,100 $0 $0
2013 $1,224 $12,244 $0 $0
2010 -- $17,950 $1,263 $16,687
Source: Public Records

Agents Affiliated with this Home

  • Greg White

    Seller's Agent in 2016

    Greg White

    Imagine Home Realty

    (313) 456-9898

    4 in this area

    192 Total Sales

    Greg White
    Section Image
  • Robert Funk

    Buyer's Agent in 2016

    Robert Funk

    RE/MAX of Southeast Michigan

    (586) 215-8177

    3 in this area

    189 Total Sales

    Robert Funk
    Section Image
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Map

Source: Realcomp

MLS Number: 216076973

Realcomp

APN: 21-067686

Michigan Wayne County Detroit 48224 Morningside

4826 Balfour Rd, Detroit, MI

This home is located at 4826 Balfour Rd, Detroit, MI 48224 since 03 August 2016 and is currently estimated at $146,114, approximately $72 per square foot. This property was built in 1926. 4826 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.

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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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