16 days on rocket

9942 Balfour Rd, Detroit, MI, 48224

$64,900

Home List Price

$771*

Closing Credit

3 Bedrooms
1 Full Bath
1,186 SqFt
$55/SqFt
House

Location

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9942 Balfour Rd, Detroit$64,900

Buyer Closing Credits

$771*

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 #20240065795
Lot Size0.09 Acres
StatusActive

About 9942 Balfour Rd

WELCOME TO THE OUTER DRIVE-HAYES NEIGHBORHOOD! INVESTMENT OPPORTUNITY! LONG TERM TENANT IN PLACE TAKING EXCELLENT CARE OF THE HOUSE PAYING $825 PER MONTH LIKE CLOCK WORK! UPDATE RECENTLY DONE TO THE INTERIOR AND THE ROOF. AFFORDING THE OWNER WITH MAINTENANCE FREE CASH FLOW! TENANT IS RESPONSIBLE FOR ALL UTILITIES. RENT CAN BE INCREASED WHICH MEANS THIS ONE HAS POTENTIAL TO GROW! INQUIRE TODAY!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1939
  • Stories: 1
  • Living Area: 1,186 SqFt

Listing Office:

  • Office Name: Keller Williams Legacy
  • Office Phone: (313) 752-0000
  • Listing Agent: Jay Kabbani

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • 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: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: GLOBAL POSITIONING SYSTEM

Price Information

Listing Price Info

Price Summary:

  • List Price: $64,900
  • Price Per SqFt: $55/SqFt

Tax Information:

  • Annual Amount: $420
  • 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

$72

Avg. Days On Market

51

# of Sold Homes

387

9942 Balfour Rd vs Detroit

16 DAYS ON ROCKET

-35 Days

$64,900

-$20.1K Less

$55/SqFt

-$18 Less

KEY TAKEAWAY

This property is $20.1K less than the Median Sold Price and $18/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: #20240065795

Listing Office:

  • Office Name: Keller Williams Legacy
  • Office Phone: (313) 752-0000
  • Listing Agent: Jay Kabbani

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: 9/20/2024, 10:20:53 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

May 13, 2021Home Sold
$61,000
May 11, 2021Home Sold
$35,000

Tax History

YEARPROP. TAXASSESSMENT
2021$420$15,900
2020$747$15,100
2018$747$11,100
2017$744$10,300

History based on county public records data.

Payment Calculator

$391

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$261

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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-159501
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 0.13 miles

  • Public Charter Grades KG-5

school-card-donut-159502
1
/10

  • Tyrone Elementary School

  • 19525 Tyrone St

  • 1.85 miles

  • Public Magnet Grades 4-6

school-card-donut-159503
6
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 2.15 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 $32,536. Most Detroit, MI residents have annual incomes less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 9942 Balfour Rd

What is the listing price of this property?

The listing price of 9942 Balfour Rd property is $64,900.

What type of property is this?

The property 9942 Balfour Rd is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 9942 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 $420 (source: MLS/based on county public records data).

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

The last sale was on May 13, 2021 for $61,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 9942 Balfour Rd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 9942 Balfour Rd is 1,186 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 9942 Balfour Rd is 1939.

Rocket Homes›Michigan›Wayne County›Detroit›48224›9942 Balfour Rd

This home is located at 9942 Balfour Rd in Detroit, MI and zip code 48224 in the Denby neighborhood. This 1,186 square foot home, which was built in 1939, sits on a 0.09 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $64,900.

While more than 104 listings in Detroit, MI in August 2024 were sold above asking price, there were more than 74 listings sold at asking price, and more than 209 were sold below. The inventory of homes for sale in Detroit, MI between July 2024 and August 2024 increased by 12.2%. Listings spent 51 days on the market in August 2024, and had a median list price of $85,000 during the same period.

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

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