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4640 Balfour Rd

Detroit, MI 48224

7 bd 3 ba 2,458 sqft Built 1928 Lot 5,227 sqft single_family
Most recent sale
$50,000
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 5, 2026 Sold $226,500 Realcomp
Dec 17, 2025 Listed $219,900 Realcomp
Sep 6, 2025 Listed $199,900 Realcomp
Aug 9, 2024 Sold $61,000 Realcomp
Jul 30, 2024 Relisted $80,000 Realcomp
Jul 16, 2024 Price changed $80,000 Realcomp
Feb 19, 2024 Listed $64,900 Realcomp
Jul 29, 2022 Sold $50,000 MLS #50049409
Feb 10, 2022 Relisted $60,000 MLS #50049409
Oct 22, 2018 Listed $49,000 MLS #31363504
Sep 19, 2017 Listing removed $800 Realcomp
May 2, 2017 Listing removed $32,000 Realcomp
Apr 30, 2017 Listing removed $1,000 Realcomp
Apr 23, 2017 Listed for rent $1,000 Realcomp
Mar 20, 2017 Price changed $32,000 MLS #216118951
Mar 7, 2017 Price changed $37,000 MLS #216118951
Feb 19, 2017 Listing removed $1,000 Realcomp
Feb 14, 2017 Price changed $47,000 MLS #216118951
Feb 11, 2017 Listed for rent $1,000 Realcomp
Dec 30, 2016 Listed $51,000 MLS #216118951
Jul 30, 2015 Sold $53,995 Public Record
Jan 25, 2002 Sold $87,500 Public Record
Jan 5, 1994 Sold $28,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $72,700 $5,615
2024 $72,700 $4,554
2023 $47,600 $4,352
2022 $36,200 $2,885
2021 $29,300 $2,316
2020 $26,300 $2,567
2019 $21,900 $2,025
2018 $19,700 $1,943
2017 $18,900 $1,898
2016 $5,900 $764
2015 $11,500 $1,147
2014 $14,707 $1,395
2013 $21,376 $2,490
2012 $24,570 $2,813
2011 $32,437 $3,022
2010 $37,718 $2,505
2009 $45,997 $2,770
2008 $52,870 $2,235
2007 $52,870 $2,212

Property facts

Year built
1928
Property type
single_family
Stories
2
Beds
7
Baths
3
Living area
2,458 sqft
Lot size
5,227 sqft
ZIP code
48224
City
Detroit
Street
Balfour Rd
Coordinates
42.39731, -82.94463

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 4640 Balfour Rd last sell?
4640 Balfour Rd most recently sold on Jul 29, 2022 for $50,000.
What is the current tax assessment for 4640 Balfour Rd?
The most recent total assessment for 4640 Balfour Rd (year 2025) is $72,700 with $5,615 in property tax.
How does 4640 Balfour Rd's assessment compare to its last sale price?
The current assessment is 45.4% above the last sale price of $50,000.
When was 4640 Balfour Rd built?
4640 Balfour Rd was built in 1928.
How does 4640 Balfour Rd compare to others on Balfour Rd?
We track 8 other properties on Balfour Rd. Browse the list under "Other properties on Balfour Rd" to compare beds, baths, and sale history.
What are the property facts for 4640 Balfour Rd?
4640 Balfour Rd is a 7 bed, 3 bath, 2,458 sqft, 5,227 sqft lot single_family.
Is 4640 Balfour Rd a flip candidate?
Yes — 4640 Balfour Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4640 Balfour Rd a tax-appeal candidate?
No — 4640 Balfour Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.1%
Implied 1-yr
+4.2%
2026 Q3
$104K
2026 Q4
$105K
ZIP 48224 — Median Price History + Forecast

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