NOT LISTED FOR SALE

5543 Balfour Rd Unit Bldg-Unit Detroit, MI 48224

Morningside Neighborhood

Estimated Value: $80,000 - $178,000

4 Beds
2 Baths
1,944 Sq Ft
$70/Sq Ft Est. Value

About This Home

This home is located at 5543 Balfour Rd Unit Bldg-Unit, Detroit, MI 48224 and is currently estimated at $136,234, approximately $70 per square foot. 5543 Balfour Rd Unit Bldg-Unit is a home located in Wayne County with nearby schools including Ronald Brown Academy, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2025
Sold by
Mfa 2022-Inv2 Trust and Wilmington Savings Fund Society Fsb
Bought by
Stl Montney Llc
Current Estimated Value
$136,234

Purchase Details

Closed on
Jul 13, 2024
Sold by
Peninsula Properties Llc
Bought by
Mfa 2022-Inv2 Trust and Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
May 4, 2022
Sold by
Andrew Sulak
Bought by
Peninsula Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2018
Sold by
3713 Hillbrook Llc
Bought by
Sulak Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2015
Sold by
Investment Property Systems Llc
Bought by
3713 Hillbrook Llc

Purchase Details

Closed on
Aug 19, 2015
Sold by
Southwest Housing Solutions Corporation
Bought by
Dolphin Group Properties Llc

Purchase Details

Closed on
Mar 5, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Southwest Housing Solutions Corporation

Purchase Details

Closed on
Oct 29, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Apr 22, 2010
Sold by
Koonce Linda F
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Sep 30, 2005
Sold by
Parham Loutelia and Rock Loutelia
Bought by
Koonce Linda F
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Stl Montney Llc $81,000 None Listed On Document
Mfa 2022-Inv2 Trust -- None Listed On Document
Mfa 2022-Inv2 Trust -- None Listed On Document
Peninsula Properties Llc -- New Title Company Name
Peninsula Properties Llc -- New Title Company Name
Sulak Andrew $50,000 Title One Inc
3713 Hillbrook Llc $55,900 Embassy Title Agency
Investment Property Systems Llc -- Embassy Title Agency
Dolphin Group Properties Llc $30,000 Visionary Title Agency Llc
Southwest Housing Solutions Corporation -- None Available
The Secretary Of Housing & Urban Develop -- None Available
Bac Home Loans Servicing Lp $156,768 None Available
Koonce Linda F $139,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peninsula Properties Llc $115,500
Previous Owner Sulak Andrew $37,500
Source: Public Records

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 $3,272 $59,200 $0 $0
2024 $3,272 $48,700 $0 $0
2023 $2,941 $38,200 $0 $0
2022 $2,386 $34,800 $0 $0
2021 $2,075 $27,900 $0 $0
2020 $2,314 $25,700 $0 $0
2019 $2,275 $23,000 $0 $0
2018 $1,271 $21,000 $0 $0
2017 $249 $19,400 $0 $0
2016 $1,497 $15,300 $0 $0
2015 $1,530 $15,300 $0 $0
2013 $2,064 $20,644 $0 $0
2010 -- $1,280 $1,280 $0
Source: Public Records

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