14 days on rocket

1626 Balmoral Dr, Detroit, MI, 48203

$899,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
3 Full Baths, 1 Partial
5,842 SqFt
$154/SqFt
House
Schools Nearby

Location

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1626 Balmoral Dr, Detroit$899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDirect Access, Electricity, Door Opener, Side Entrance, Attached
Attached Garage2 spaces
Year Built1952
HeatingNatural Gas, Hot Water
CoolingCeiling Fan(s), Central Air
BasementYes
FireplaceGas
MLS #20240032375
Lot Size0.51 Acres
StatusActive

About 1626 Balmoral Dr

Welcome to a rare gem in the prestigious Palmer Woods neighborhood - a stunning mid-century modern home that seamlessly marries timeless design with contemporary comfort. This exceptional six-bedroom, three-and-a-half-bath residence stands out as one of the few of its kind in the area. Nestled perfectly on a corner lot, the manicured lawn and impressive frontage immediately catch the eye, setting the tone for the elegance within. Step inside to discover a spacious and open floor plan that showcases the luxury of the square footage, accentuated by floor-to-ceiling windows that flood the space with natural light. The sun-drenched family room boasts vaulted ceilings, a sleek wet bar, and a linear fireplace, inviting relaxation and entertainment. From here, step into the temperature-controlled sunroom, offering serene views of the private yard and providing a perfect spot for year-round enjoyment. Outside, the beautifully landscaped yard beckons, featuring a large deck spanning the width of the home, ideal for outdoor gatherings and leisurely afternoons. Prepare to be amazed by the kitchen, where granite countertops exude modern elegance and chef-grade appliances inspire culinary creativity. With ample storage space and sleek design elements, this kitchen effortlessly combines beauty and functionality. Privately situated on the east end of the home, two large bedrooms share a dual-entry bath, while the primary suite awaits with a spacious walk-in wardrobe and an art deco-inspired bath, offering a luxurious retreat. Upstairs, three additional bedrooms provide versatility and comfort, while a loft space offers a stunning additional living area and a private flex home office space, perfect for remote work or creative pursuits. With its prime location, stunning design, and impeccable attention to detail, this mid-century modern masterpiece is truly a rare find. Don't miss your chance to call it home.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1952
  • Stories: 2
  • Living Area: 5,842 SqFt

Listing Office:

  • Office Name: @properties Christie's Int'l R.E. Birmingham
  • Office Phone: (248) 850-8632
  • Listing Agent: Stetson R Jarbo

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Direct Access, Electricity, Door Opener, Side Entrance, Attached

Lot Features

Lot Information:

  • Lot Size: 0.51 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water
  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: Woodward to Wellesley to Suffolk to Balmoral

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,000
  • Price Per SqFt: $154/SqFt

HOA Fees:

  • Amount: $495
  • Frequency: Annually

Tax Information:

  • Annual Amount: $5,525
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

1626 Balmoral Dr vs Detroit

14 DAYS ON ROCKET

-31 Days

$899,000

+$817.9K More

$154/SqFt

+$83 More

KEY TAKEAWAY

This property is $817.9K more than the Median Sold Price and $83/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: #20240032375

Listing Office:

  • Office Name: @properties Christie's Int'l R.E. Birmingham
  • Office Phone: (248) 850-8632
  • Listing Agent: Stetson R Jarbo

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: 5/29/2024, 5:20:36 AM 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$5,525$249,900
2020$9,196$257,700
2018$9,196$163,100
2017$9,175$139,200

History based on county public records data.

Payment Calculator

$4,595

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,762

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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-4228497
2
/10
  • United Oaks Elementary School

  • 1001 E Harry Ave

  • 2.10 miles

  • Public District Grades KG-5

school-card-donut-4228498
2
/10
  • Hoover Elementary School

  • 23720 Hoover Ave

  • 2.76 miles

  • Public District Grades PK-5

school-card-donut-4228499
3
/10
  • John F. Kennedy Elementary School

  • 24220 Rosewood St

  • 3.16 miles

  • Public Magnet Grades 3-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $159,043. The majority of Detroit, MI residents have income $200k+ annually. The majority of families are married, 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 1626 Balmoral Dr

What is the listing price of this property?

The listing price of 1626 Balmoral Dr property is $899,000.

What type of property is this?

The property 1626 Balmoral Dr is a house located in Detroit, Michigan, 48203.

Is this property for sale now?

Active Listing: 1626 Balmoral Dr 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 $5,525 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1626 Balmoral Dr has 6 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 1626 Balmoral Dr is 5,842 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1626 Balmoral Dr is 1952.

Rocket Homes›Michigan›Wayne County›Detroit›48203›1626 Balmoral Dr

This home is located at 1626 Balmoral Dr in Detroit, MI and zip code 48203 in the Palmer Park neighborhood. This 5,842 square foot home, which was built in 1952, sits on a 0.51 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $899,000.

In April 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 89 listings were sold at asking price, while more than 243 were sold below. Between March 2024 and April 2024, Detroit, MI real estate market has seen increase in the number of listings by 12.7%. In April 2024 median list price was $81,036 and the average listing age was 45 days.

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

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