6 months on rocket

5544 Balfour Rd, Detroit, MI, 48224

$91,900

Home List Price

$1,091*

Closing Credit

3 Bedrooms
1 Full Bath
1,337 SqFt
$69/SqFt
House
Schools Nearby

Location

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5544 Balfour Rd, Detroit$91,900

Buyer Closing Credits

$1,091*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingDetached
Garage2 spaces
Year Built1929
HeatingNatural Gas, Hot Water
BasementYes
MLS #20230084287
Lot Size0.12 Acres
StatusActive

About 5544 Balfour Rd

National Real Estate Management Group is excited to announce your next investment opportunity. Located in the Morningside Neighborhood of Detroit, this beautified Tudor style home offers three bedrooms and one bathroom. There is a large basement that could be used for additional family space as well as additional storage. Great covered porch, side driveway to a detached two car garage. Only 10 minutes away from Wayne State University and a 14 minute commute to downtown Detroit. There are multiple restaurants, parks and public schools within the area as well as many places of worship. Don’t miss out on this great opportunity to invest in your next rental property! At National Real Estate Management Group, our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication. Choose National Real Estate Management Group for a worry-free investment experience.

Property Details

Property Features

Property Information:

  • Architectural Style: Tudor
  • Year Built: 1929
  • Stories: 2
  • Living Area: 1,337 SqFt

Listing Office:

  • Office Name: NREMG Realty
  • Office Phone: (313) 763-0323
  • Listing Agent: Connae Pisani

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: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water

Other

Directions Information:

  • Directions: From Warren head North on Balfour

Price Information

Listing Price Info

Price Summary:

  • List Price: $91,900
  • Price Per SqFt: $69/SqFt

Tax Information:

  • Annual Amount: $2,699
  • 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

$80.1K

Med. Price/SqFt

$69

Avg. Days On Market

49

# of Sold Homes

392

5544 Balfour Rd vs Detroit

208 DAYS ON ROCKET

+159 Days

$91,900

+$11.7K More

$69/SqFt

-$1 Less

KEY TAKEAWAY

This property is $11.7K more than the Median Sold Price and $1/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: #20230084287

Listing Office:

  • Office Name: NREMG Realty
  • Office Phone: (313) 763-0323
  • Listing Agent: Connae Pisani

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: 4/30/2024, 2:25:22 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

Dec 18, 2019Home Sold
$62,900
Sep 11, 2018Home Sold
$54,900
May 15, 2017Home Sold
$33,900
Feb 08, 2016Home Sold
$38,000
May 14, 2014Home Sold
$18,500
Jan 20, 2012Home Sold
$24,500

Tax History

YEARPROP. TAXASSESSMENT
2021$2,699$20,200
2020$1,528$18,700
2018$1,528$14,900
2017$939$13,900

History based on county public records data.

Payment Calculator

$526

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$342

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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-3730037
1
/10

  • Marvin L. Winans Academy of Performing Arts Elementary School

  • 9740 Mckinney St

  • 0.67 miles

  • Public Charter Grades KG-5

school-card-donut-3730038
5
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.55 miles

  • Public District Grades KG-5

school-card-donut-3730039
8
/10

  • Lewis Marie Elementary School

  • 740 Cadieux Rd

  • 1.81 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. The most common annual income of people living in Detroit, MI is between $35k-100k. Typical family type is 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 5544 Balfour Rd

What is the listing price of this property?

The listing price of 5544 Balfour Rd property is $91,900.

What type of property is this?

The property 5544 Balfour Rd is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 5544 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 $2,699 (source: MLS/based on county public records data).

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

The last sale was on December 18, 2019 for $62,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5544 Balfour Rd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5544 Balfour Rd is 1,337 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5544 Balfour Rd is 1929.

Rocket Homes›Michigan›Wayne County›Detroit›48224›5544 Balfour Rd

This home is located at 5544 Balfour Rd in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 1,337 square foot home, which was built in 1929, sits on a 0.12 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 04, 2023 and is currently priced at $91,900.

In March 2024, from all listings sold in Detroit, MI there were more than 94 sold above asking price, over 224 sold below and more than 74 were sold right at the asked price. The inventory of homes for sale in Detroit, MI between February 2024 and March 2024 increased by 10.7%. In March 2024 median list price was $80,163 and the average listing age was 49 days.

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

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