Sold
5200 Balfour Road, Detroit, MI 48224
Sold on 09/26/2025 for$63,000
MLS # 20251024681 (Realcomp)
3 beds2 baths2,722 sqftBuilt 19360.12 acres
1 / 15
Listing Description
**Charming Brick Bungalow Fixer-Upper in Morningside!**Welcome to 5200 Balfour — a solid brick bungalow full of potential in the heart of the desirable Morningside neighborhood. This 3-bedroom, 1.5 bath home offers classic charm, hardwood floors, fenced yard, corner appeal and a full basement, ready for your vision and updates. Perfect for investors or savvy homeowners looking to renovate. Enjoy a spacious yard and the quiet, tree-lined streets just minutes from parks, schools, and major highways. Bring your creativity and restore this gem to its former glory!
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 2,722 sq ft home built in 1936 sits in Finney in Detroit.
This home sold for $63,000 (about $23/sq ft).
Property tax estimate: $2,561 per year ($213/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company. Broadband is available with download speeds up to 2,000 Mbps from 8 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area2,722 sqft
Lot Size0.12 acres
Year Built1936
Stories2
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick, Other
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Finished
Sale & Financing
Listed8/5/2025
Sold Date9/25/2025
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$1,787
Tax Year2025
State Equalized Value$39,900
Assessed Value$39,900
Homestead (PRE)100%
Parcel #21067707.
Source: Public Records
Legal Description
E BALFOUR 1464 EAST DETROIT DEVELOPMENT COS SUB NO 3 L38 P32 PLATS, WCR 21/468 40 X 130
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by David Dawood
Century 21 Professionals Troy
Frequently Asked Questions about 5200 Balfour Road, Detroit, MI 48224
Which school district serves 5200 Balfour Road, Detroit, MI 48224?
Per MLS# 20251024681, 5200 Balfour Road, Detroit, MI 48224 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What financing options are available for 5200 Balfour Road, Detroit, MI 48224?
Per MLS# 20251024681, this listing accepts Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 5200 Balfour Road, Detroit, MI 48224?
Per public tax records, annual property taxes for this property are $2,877. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 5200 Balfour Road, Detroit, MI 48224 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 5200 Balfour Road, Detroit, MI 48224 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 5200 Balfour Road, Detroit, MI 48224. The maximum advertised download speed is 2.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 5200 Balfour Road, Detroit, MI 48224?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$2,561
Monthly$213
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
$
%
$
$
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Monthly payment$654
Principal & interest$441
Property taxes$213
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5200 Balfour Road, Detroit, MI 48224
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Neighborhood
Finney
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Community
Detroit
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County
Wayne County
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