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Price: $49,000 4640 Balfour, DETROIT MI 48224 MLS® #: 58031363504

  • 3 Beds
  • 1.5 Bath
  • 855 SqFt
  • $57.31 / SqFt
  • Year Built: 1928

Description of 4640 Balfour, DETROIT

Do not disturb the tenants because they are unaware of the sale. Drive by only. No sign and no lock box on the homes. No showings until an offer has been accepted by the seller and then arrangements will be made for entry for inspections. Buyer to assume any required city inspections and make any repairs, if needed. Seller would like to sell 7441 Vaughan and 7386 Auburn, Detroit and 26111 Colgate, Inkster first. Buy individually, in multiples, or as a bulk.

About this Property

This 3 bedroom home is located in the East Detroit Dev Cos 3 neighborhood at 4640 Balfour, Detroit Mi 48224. This $49,000 property has approximately 1,355 square feet and was built in 1928. This home is located in the Detroit school district. Properties located in the Detroit district have an average price per square foot of $44/SqFt. Houses with similar square footage range in price from $5,000 to $215,000 and have an average price per square foot of $42/SqFt. The average priced home in 48224 with 3 bedrooms is $57,702. Depending on where you live in Detroit your children and/or teenagers may go to the Detroit school district, Lincoln Consolidated school district, or Hamtramck school district. 4640 Balfour has property taxes in the amount of $1,898, which are assessed as non-homestead because the home is considered a second home for the owner and/or not occupied by the primary owner. The property taxes will be lowered if you purchase this property, occupy it as your primary residence and file the homestead exemption form.

Your Buyer Specialist, MARK Z

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Stats for Zipcode 48224 for last 4 Months

Average Listing Price Average $/sqft Average $/sqft Sold Average Listing/Sale ratio Number of Sold Homes
$83,907.57 $44.56 $35.40 156.59% 171

Essential Information

Lot Information

  • Lot Dimensions40x135
  • Front Footage40
  • Acres0.12

Additional Information

  • Assessmentno
  • HomesteadNo
  • Land ContractNo
  • Lease TypeSingle Family House
  • Road FrontPub. Sidewalk
  • OwnershipPrivate - Owned

Square Footage

  • Above Ground Finished855
  • Lower Finished500
  • Total Finished1355

Community Information

Interior

  • FoundationBasement

Tax Description

E BALFOUR 1824 EAST DETROIT DEVELOPMENT COS SUB NO 3 L38 P32 PLATS, WCR 21/468 40 X 130

School Information

Area

05055-Det Con-Mors/Grat. Hstn/7 Mack

Exterior

  • ExteriorAluminum
  • SewerSewer-Sanitary
  • Water SourceMunicipal Water

Parking Information

  • Garage FeatureDetached
  • # of Garages2
  • Garages2 Car

Listing Office

Keller Williams Realty Lakeside

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