NOT LISTED FOR SALE

5724 Balfour Rd Detroit, MI 48224

Morningside Neighborhood

Estimated Value: $108,000 - $156,000

3 Beds
1 Bath
1,111 Sq Ft
$117/Sq Ft Est. Value

Last Sold November 10, 2023

Last sale price $125,000 $113 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $816/month

35 Days on Market

Highlights

  • Ground Level Unit
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Bungalow

About This Home

As of November 2023

Must see beautiful 3 Bedroom Brick Remodeled throughout . New cabinetry in Kitchen with Granite Countertop , dishwasher, microwave. New Remodeled bathroom with New Custom Tile done to the level of High end Properties.. New Plumbing , New electrical and Heating. Beautiful Floors in House. New Windows. Property is central located Near freeway . Property is within blocks of school .

Last Agent to Sell the Property

Fitzgerald Kelly

Jones Realty LLC License #6501430072 Listed on: 08/23/2023

Last Buyer's Agent

Roland Walker

KW Professionals License #RCO-6501361501

KW Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1952 | Remodeled in 2023

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00 x 130.00

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,111 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number W21I067738S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,244

Year Built

Built in 1952 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240.00
  • Year Built: 1952
  • State Equalized Value: 18700.0000
  • Year Renovated: 2023
  • Entry Location: Ground Level
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1311
  • Sq Ft Lower Floor: 200
  • Total Sq Ft: 1111
  • Sq Ft Total Bsmt: 825

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Water at Street

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00 x 130.00
  • Parcel Number: W21I067738S

Tax Info

  • Tax Amount Summer: 1136.0000
  • Tax Amount Winter: 108.0000
  • Total Tax: 1244.0000
  • Taxable Value: 11492.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Nov 10, 2023
Sold by
Platinum Hands Remodeling Llc
Bought by
Brown Shirlean
Seller's Agent
Fitzgerald Kelly
Jones Realty LLC
Buyer's Agent
Roland Walker
KW Professionals
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%
Views
67
Current Estimated Value
$129,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,950
Avg. Annual Appreciation
2.00%
Original Mortgage
$112,500
Outstanding Balance
$110,534
Interest Rate
7.49%
Mortgage Type
FHA
Estimated Equity
$19,416

Purchase Details

Closed on
Mar 24, 2023
Sold by
Cotzias Chris T
Bought by
Platinum Hands Remodeling Llc
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
Brown Shirlean $125,000 None Listed On Document
Brown Shirlean $125,000 None Listed On Document
Platinum Hands Remodeling Llc $18,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Shirlean $112,500
Closed Brown Shirlean $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2023 11/10/23 Sold $125,000 -3.8% $113 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
08/23/2023 08/23/23 For Sale $129,900 -- $117 / 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 $1,620 $28,800 $0 $0
2024 $1,620 $23,400 $0 $0
2023 $1,169 $18,400 $0 $0
2022 $1,244 $18,700 $0 $0
2021 $1,211 $15,000 $0 $0
2020 $1,211 $13,900 $0 $0
2019 $1,193 $12,400 $0 $0
2018 $1,050 $11,100 $0 $0
2017 $195 $10,300 $0 $0
2016 $1,325 $14,400 $0 $0
2015 $1,440 $14,400 $0 $0
2013 $1,853 $19,470 $0 $0
2010 -- $28,545 $1,116 $27,429
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2023

    Fitzgerald Kelly

    Jones Realty LLC

    (313) 551-9072

    1 in this area

    11 Total Sales

    Fitzgerald Kelly
    Section Image
  • Roland Walker

    Buyer's Agent in 2023

    Roland Walker

    KW Professionals

    (586) 383-2090

    2 in this area

    68 Total Sales

    Roland Walker
    Section Image
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Map

Source: Realcomp

MLS Number: 20230070223

Realcomp

APN: 21-067738

Michigan Wayne County Detroit 48224 Morningside

5724 Balfour Rd, Detroit, MI

This home is located at 5724 Balfour Rd, Detroit, MI 48224 since 23 August 2023 and is currently estimated at $129,950, approximately $116 per square foot. This property was built in 1952. 5724 Balfour Rd 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.

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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