5543 Balfour Rd Unit Bldg-Unit Detroit, MI 48224
Morningside NeighborhoodEstimated 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
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
Map
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