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5926 Balfour Rd, Detroit, MI, 48224

$139,900

Home List Price

$1,661*

Closing Credit

3 Bedrooms
2 Full Baths
1,167 SqFt
$120/SqFt
House

Location

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5926 Balfour Rd, Detroit$139,900

Buyer Closing Credits

$1,661*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1939
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240070914
Lot Size0.12 Acres
StatusAccepting Backup Offers

About 5926 Balfour Rd

Step into modern living with this fully renovated 3-bedroom, 2-bathroom gem! Nestled in a prime location just minutes from downtown Detroit and major freeways, this home is perfect for first-time buyers or savvy investors. Featuring sleek, contemporary finishes throughout, this bungalow boasts a spacious layout, updated kitchen, and stylish bathrooms. Enjoy ample natural light and plenty of room to grow. Outside, you’ll find a one-car garage and a generous backyard, offering great space for entertaining or relaxing. Don’t miss out on this move-in ready opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1939
  • Stories: 1
  • Living Area: 1,167 SqFt

Listing Office:

  • Office Name: REALTEAM Real Estate
  • Office Phone: (586) 580-8092
  • Listing Agent: Tiroca Battle

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: N of Alter Rd/W of Outer Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $139,900
  • Price Per SqFt: $120/SqFt

Tax Information:

  • Annual Amount: $2,243
  • 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

$73

Avg. Days On Market

45

# of Sold Homes

475

5926 Balfour Rd vs Detroit

46 DAYS ON ROCKET

+1 Day

$139,900

+$54.9K More

$120/SqFt

+$46 More

KEY TAKEAWAY

This property is $54.9K more than the Median Sold Price and $46/SqFt more 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: #20240070914

Listing Office:

  • Office Name: REALTEAM Real Estate
  • Office Phone: (586) 580-8092
  • Listing Agent: Tiroca Battle

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: 11/5/2024, 6:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 25, 2016Home Sold
$59,800
Nov 30, 2015Home Sold
$24,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,243$19,000
2020$1,459$17,500
2018$1,459$14,100
2017$1,389$13,100

History based on county public records data.

Payment Calculator

$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

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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-1926
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 0.49 miles

  • Public Charter Grades KG-5

school-card-donut-1927
6
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.79 miles

  • Public District Grades KG-5

school-card-donut-1928
1
/10

  • Tyrone Elementary School

  • 19525 Tyrone St

  • 2.18 miles

  • Public Magnet Grades 4-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,742. Typical income of Detroit, MI residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5926 Balfour Rd

What is the listing price of this property?

The listing price of 5926 Balfour Rd property is $139,900.

What type of property is this?

The property 5926 Balfour Rd is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Accepting Backup Offers: 5926 Balfour Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,243 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 25, 2016 for $59,800. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5926 Balfour Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5926 Balfour Rd is 1,167 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5926 Balfour Rd is 1939.

Rocket Homes›Michigan›Wayne County›Detroit›48224›5926 Balfour Rd

This home is located at 5926 Balfour Rd in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 1,167 square foot home, which was built in 1939, sits on a 0.12 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $139,900.

In October 2024, from all listings sold in Detroit, MI there were more than 125 sold above asking price, over 257 sold below and more than 93 were sold right at the asked price. The inventory of homes for sale in Detroit, MI between September 2024 and October 2024 increased by 11.2%. While the average time on the market in October 2024 was 45 days, the median list price was $85,000.

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

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