Sold
5566 BALFOUR Road, Detroit, MI 48224
Sold on 05/23/2024 for$140,000
MLS # 20240012416 (Realcomp)
3 beds1 bath1,272 sqftBuilt 19250.12 acres
1 / 31
Listing Description
Fantastic colonial ready for you to move in!! Boasting 3 bedrooms all with new carpet and newer windows, refinished hardwood floors and staircase, interior freshly painted, Laminate flooring main level, updated kitchen and bathroom!! Large craft or work area in basement and rec room in the center, new siding, large deck off back of home great for entertaining or just enjoying a beautiful day! 1.5 miles from Chandler Park which is getting a $12 million dollar upgrade adding a Rec Center and Sports Complex! **Seller concessions available. Being sold as-is, all data and measurements approximate.
Source: SparkMLS
About this home
3-bedroom, 1-bath, 1,272 sq ft home in Finney in Detroit built in 1925.
Final sale price: $140,000 (about $110/sq ft).
Annual property taxes run approximately $1,804 ($150/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Broadband is available with download speeds up to 2,000 Mbps from 8 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Tour
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area1,272 sqft
Lot Size0.12 acres
Year Built1925
Stories2
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionVinyl Siding
BasementDaylight, Partial
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Partially Finished
Sale & Financing
Listed2/29/2024
Sold Date5/22/2024
Original Price$150,000
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$2,810
Tax Year2025
State Equalized Value$28,100
Assessed Value$28,100
Homestead (PRE)100%
Parcel #21067730.
Source: Public Records
Legal Description
E BALFOUR 1487 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 James Hastings
Household Real Estate LLC
Frequently Asked Questions about 5566 BALFOUR Road, Detroit, MI 48224
What school district is 5566 BALFOUR Road, Detroit, MI 48224 in?
Per MLS# 20240012416, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20240012416, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20240012416, the most recent reported annual property tax for 5566 BALFOUR Road, Detroit, MI 48224 is $977. 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.
Is 5566 BALFOUR Road, Detroit, MI 48224 eligible for USDA financing?
Per USDA Rural Development boundary data, 5566 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 5566 BALFOUR Road, Detroit, MI 48224 is in flood zone X (minimal risk). 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.
Is fiber internet available at 5566 BALFOUR Road, Detroit, MI 48224?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 5566 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.
Who are the utility providers for this property?
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.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
Annual tax$1,804
Monthly$150
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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%
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Monthly payment$1,025
Principal & interest$875
Property taxes$150
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
5566 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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