$46,000
SOLD JAN 9, 2017

1227 Phoenix St Niles, MI 49120

-- Bed
-- Bath
-- Sq Ft
8,712 Sq Ft Lot

Recently Sold

7% Above List Price

36 Days on Market

Highlights

  • Forced Air Heating System
  • 2 Car Garage
  • Level Lot
  • Baseboard Heating
  • High Speed Internet

About This Home

As of May 2023

Duplex- Live in one and rent out the other! Main level is 2 bedroom, 1.5 bath and upstairs unit is 1 bedroom 1 bath. 1 car garage and basement access are thru main floor unit. See attachment for PAS requirements and WFHM offer submittal information in MLS document section. Please submit all offers to the listing broker/agent.

Last Agent to Sell the Property

Daniel Kelley

RE/MAX Modern Realty, Inc. Listed on: 09/09/2016

Last Buyer's Agent

Richard Shepardson

RE/MAX Modern Realty, Inc. License #6501364812

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,495

Year Built

  • Built in 1897

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Basement

  • Partial Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tenant pays for trash collection
  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,495

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1897
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Heat Type:Baseboard: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 42900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Extras:Garages: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Baseboard, Electric, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Telephone Line, Public Water, Public Sewer, Broadband
  • Water Source: Public
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas
  • Tenant Pays: Trash Collection

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
May 15, 2023
Sold by
Wallace Sean Michael
Bought by
Adler Jonathan M
Seller's Agent
Kati Luke
Red Shoe Realty
Buyer's Agent
Tammy Anders
MI Realty, A Michigan RE Co.
List Price
$125,000
Sold Price
$116,000
Premium/Discount to List
-$9,000
-7.2%
Views
48
Current Estimated Value
$151,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,450
Avg. Annual Appreciation
13.14%
Original Mortgage
$87,750
Outstanding Balance
$85,654
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$67,103

Purchase Details

Closed on
Mar 1, 2019
Sold by
Drew Susan Wallace
Bought by
Wallace Wallace Sean Michael Sean Michael and Wallace Drew Susan

Purchase Details

Closed on
Oct 18, 2016
Sold by
Wells Fargo Bank Na
Bought by
Wallace Drew Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,800
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2015
Sold by
Sabat Chester J
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 1, 1996

Purchase Details

Closed on
Sep 23, 1996

Purchase Details

Closed on
Feb 13, 1987

Purchase Details

Closed on
Aug 4, 1986

Purchase Details

Closed on
Apr 13, 1978

Purchase Details

Closed on
Apr 1, 1976

Purchase Details

Closed on
Oct 1, 1975
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $117,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Deed $46,000 Cti
Sheriffs Deed $15,508 Attorney
Deed $50,000 --
Deed $15,000 --
Deed -- --
Deed $10,000 --
Deed $6,500 --
Deed $3,000 --
Deed $5,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $87,750 New Conventional
Previous Owner $36,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $116,000 -7.2% --
04/09/2023 04/09/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $125,000 +171.7% --
01/09/2017 01/09/17 Sold $46,000 +7.2% --
10/15/2016 10/15/16 Pending -- -- --
09/09/2016 09/09/16 For Sale $42,900 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,495 $63,700 $0 $0
2024 $2,239 $75,200 $0 $0
2023 $994 $61,600 $0 $0
2022 $947 $35,700 $0 $0
2021 $1,740 $32,600 $3,000 $29,600
2020 $1,719 $31,000 $0 $0
2019 $1,695 $28,900 $2,000 $26,900
2018 $1,608 $28,900 $0 $0
2017 $1,559 $34,200 $0 $0
2016 $1,532 $27,500 $0 $0
2015 $1,527 $34,800 $0 $0
2014 $792 $30,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16046810

Southwestern Michigan Association of REALTORS®

APN: 11-71-4510-0236-00-1