NOT LISTED FOR SALE

1327 Wayne St Niles, MI 49120

Estimated Value: $125,695 - $147,000

2 Beds
1 Bath
740 Sq Ft
$184/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $15,750 $21 Per Sq Ft

Est. 766% increase in value since last sale

Current estimated payment $836/month

71 Days on Market

Highlights

  • Living Room
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of August 2015

Home Steps/Freddie Mac Foreclosure. This property is eligible under the Freddie Mac First Look Initiative through 7/3/2015.

Last Agent to Sell the Property

Jeffrey Brown

Weichert Realtors-Gold Star License #6502373159 Listed on: 06/18/2015

Weichert Realtors-Gold Star

Last Buyer's Agent

Ed Farkas

Asset One Realty License #6502342511

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 119

Home Design

  • Vinyl Siding

Interior Spaces

  • 740 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1948
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 29.73
  • General Property Info:Lot Dimensions: 50 x 119
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 740.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 863.0
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 740.0
  • General Property Info Garage YN: No
  • Architectural Style:Ranch: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 740.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 740.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 22000.0
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 50 x 119
  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 863.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2022
Sold by
Forshee Darrel Glen
Bought by
Forshee Darrel G
Current Estimated Value
$136,424

Purchase Details

Listed on
Jun 18, 2015
Closed on
Aug 24, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Forshee Darrel Glen
Seller's Agent
Jeffrey Brown
Weichert Realtors-Gold Star
Buyer's Agent
Ed Farkas
Asset One Realty
List Price
$29,900
Sold Price
$15,750
Premium/Discount to List
-$14,150
-47.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.17%

Purchase Details

Closed on
May 12, 2015
Sold by
Ocwen Loan Servicing Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 18, 2014
Sold by
Withrow Becky A
Bought by
Ocwen Loan Servicing Llc

Purchase Details

Closed on
Jan 17, 2008
Sold by
Federal National Mortgage Association
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Dec 19, 2006
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 16, 2006
Sold by
Watson Jammie R
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Apr 28, 2006
Sold by
Diekema Marilynn R
Bought by
Watson Jammie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,900
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 5, 2002

Purchase Details

Closed on
May 31, 2001

Purchase Details

Closed on
Jul 20, 2000

Purchase Details

Closed on
Feb 18, 1994

Purchase Details

Closed on
Aug 3, 1990

Purchase Details

Closed on
Dec 27, 1988
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Forshee Darrel G -- --
Forshee Darrel Glen $15,750 Attorney
Federal Home Loan Mortgage Corporation -- Attorney
Ocwen Loan Servicing Llc $31,546 None Available
Gmac Mortgage Llc -- None Available
Federal National Mortgage Association -- None Available
Mortgage Electronic Registration Systems $69,881 None Available
Watson Jammie R $65,900 Meridian Title Corporation
-- $100 --
-- $59,900 --
-- $53,500 --
-- $100 --
-- $29,000 --
-- $20,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watson Jammie R $65,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2015 08/28/15 Sold $15,750 -47.3% $21 / Sq Ft
08/28/2015 08/28/15 Pending -- -- --
06/18/2015 06/18/15 For Sale $29,900 -- $40 / Sq Ft
Source: MichRIC

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 $1,479 $53,900 $0 $0
2024 $778 $52,800 $0 $0
2023 $746 $46,900 $0 $0
2022 $710 $35,900 $0 $0
2021 $878 $32,300 $2,300 $30,000
2020 $869 $31,600 $0 $0
2019 $858 $22,900 $1,600 $21,300
2018 $889 $22,900 $0 $0
2017 $932 $27,100 $0 $0
2016 $912 $24,100 $0 $0
2015 $901 $23,800 $0 $0
2014 $714 $23,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 15005363

MichRIC

APN: 11-71-2150-0014-00-1