14 days on rocket

5535 Balfour Rd, Detroit, MI, 48224

$110,000

Home List Price

$1,306*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
1,772 SqFt
$62/SqFt
House

Location

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5535 Balfour Rd, Detroit$110,000

Buyer Closing Credits

$1,306*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingTwoCarGarage, Detached
Garage2 spaces
Year Built1928
HeatingForced Air, Natural Gas
BasementYes
MLS #20240088868
Lot Size0.13 Acres
StatusActive

About 5535 Balfour Rd

Welcome to this brick bungalow that features 4 bedrooms, 1 full bathroom, and 1 half bathroom. This home offers a cozy living room with a fireplace, a dedicated dining room, and a decent-sized backyard perfect for outdoor activities. This home comes with a 2-car detached garage with a driveway, providing ample parking and storage. A perfect blend of comfort and functionality. EXTERIOR VIEW ONLY, PLEASE DO NOT DISTURB OCCUPANTS. Property will placed on up coming auction. Cash offers only

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1928
  • Living Area: 1,772 SqFt

Listing Office:

  • Office Name: RE/MAX Leading Edge
  • Office Phone: (313) 277-7777
  • Listing Agent: Sherri Saad

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: TwoCarGarage, Detached

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: E EDSEL FORD SERVICE DR & OUTER DR E

Price Information

Listing Price Info

Price Summary:

  • List Price: $110,000
  • Price Per SqFt: $62/SqFt

Tax Information:

  • Annual Amount: $1,505
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

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Detroit, MI

City

Med. Sold Price

$85K

Med. Price/SqFt

$67

Avg. Days On Market

49

# of Sold Homes

396

5535 Balfour Rd vs Detroit

14 DAYS ON ROCKET

-35 Days

$110,000

+$24.9K More

$62/SqFt

-$6 Less

KEY TAKEAWAY

This property is $24.9K more than the Median Sold Price and $6/SqFt less than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240088868

Listing Office:

  • Office Name: RE/MAX Leading Edge
  • Office Phone: (313) 277-7777
  • Listing Agent: Sherri Saad

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/11/2024, 3:21:10 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,505$18,100
2020$1,424$16,700
2018$1,424$13,700
2017$1,354$12,700

History based on county public records data.

Payment Calculator

$617

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$396

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1712303
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 0.71 miles

  • Public Charter Grades KG-5

school-card-donut-1712304
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 0.91 miles

  • Public District Grades PK-5

school-card-donut-1712305
6
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.54 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,742. Most Detroit, MI residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5535 Balfour Rd

What is the listing price of this property?

The listing price of 5535 Balfour Rd property is $110,000.

What type of property is this?

The property 5535 Balfour Rd is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 5535 Balfour Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,505 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5535 Balfour Rd has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5535 Balfour Rd is 1,772 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5535 Balfour Rd is 1928.

Rocket Homes›Michigan›Wayne County›Detroit›48224›5535 Balfour Rd

This home is located at 5535 Balfour Rd in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 1,772 square foot home, which was built in 1928, sits on a 0.13 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $110,000.

Over 94 listings were sold over their listed price in November 2024 in Detroit, MI. In the same period over 247 listings were sold below the listed price and 55 listings were sold for the listed price. The number of homes for sale in Detroit, MI increased by 2% between October 2024 and November 2024. In November 2024 median list price was $85,016 and the average listing age was 49 days.

From Rocket Homes Real Estate and based on county public records data.

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