NOT LISTED FOR SALE

1393 Niles Buchanan Rd Niles, MI 49120

Estimated Value: $325,000 - $438,000

2 Beds
2 Baths
-- Sq Ft
0.46 Acres

Last Sold February 26, 2021

Last sale price $344,000

Est. 15% increase in value since last sale

Current estimated payment $2,362/month

106 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Lot Has A Rolling Slope
  • Low Threshold Shower
  • High Speed Internet
  • Doors are 36 inches wide or more

About This Home

As of February 2021

This unique construction offers 2 independent residences, ideal for a multi-generational situation. Offering private living, yet close by if needed. A door could easily connect the 2 units. One unit updated with granite counters, subway tile backsplash, lighting, paint and carpeting. Enjoy living in one home with the lessee easing your mortgage payment. Main level laundry and owner's suite. The loft upstairs is an unexpected treat with additional sleeping quarters or office office complimented by a half bath. You'll love the walk-out basement with 9 foot ceilings and plumbed for a 4th bath and offering 1200 Sq. Ft. of potential living space. Endless possibilities. 2 separate addresses; 1391 & 1393 Niles Buchanan Rd. Both units have a 2 car attached garages. NO HOA FEES.

Last Listed By

Tina Thornton

Realty Executives Instant Equity License #6501279992 Listed on: 11/11/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,187

Year Built

  • Built in 2007

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100 x 200
  • Lot Has A Rolling Slope

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

  • 8 Parking Spaces
  • Paved Parking

Accessible Home Design

  • Low Threshold Shower
  • Doors are 36 inches wide or more

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Shared Gas Meter
  • Separate Water Meter
  • Shared Water Meter
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,187

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: 36 Inch Entrance Doo, Covered Entrance, Low Threshold Shower
  • Fireplaces: 1
  • Basement: Basement, Daylight, Walk Out, Full

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 359000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Rolling Hills":true}
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0
  • Unit 1:Garage4: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.46
  • Lot Size Area: 0.46
  • Lot Dimensions: 100 x 200
  • Lot Size Sq Ft: 19994.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 5187.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2020
Closed on
Feb 26, 2021
Sold by
Devos Amy L and Mary K Kelly Inter Vivos Revoc
Bought by
Zygowiec Krystian
Seller's Agent
Tina Thornton
Realty Executives Instant Equity
Buyer's Agent
Gretchen Volkenstein
@properties Christie's International R.E.
List Price
$359,000
Sold Price
$344,000
Premium/Discount to List
-$15,000
-4.18%
Total Days on Market
106
Current Estimated Value
$397,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,270
Avg. Annual Appreciation
3.45%
Original Mortgage
$275,200
Outstanding Balance
$249,484
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$147,786

Purchase Details

Closed on
Feb 7, 2018
Sold by
Devos Amy L and Kelly William T
Bought by
Mary K Kelly Inter Vivos Revocable Trist

Purchase Details

Closed on
Jun 26, 2017
Sold by
Kelly Mary K and Estate Of William T Kelly
Bought by
William T Kelly Inter Vivos Revocable Tr

Purchase Details

Closed on
Sep 18, 2007
Sold by
Missions Development Co
Bought by
Kelly William T

Range of Values:

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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
Zygowiec Krystian $344,000 Chicago Title
Mary K Kelly Inter Vivos Revocable Trist -- None Available
William T Kelly Inter Vivos Revocable Tr -- Attorney
Kelly William T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zygowiec Krystian $275,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $344,000 -4.2% --
02/25/2021 02/25/21 Pending -- -- --
11/11/2020 11/11/20 For Sale $359,000 -- --
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
2024 $1,656 $197,300 $0 $0
2023 $1,577 $157,700 $0 $0
2022 $1,462 $135,800 $0 $0
2021 $4,303 $152,500 $8,800 $143,700
2020 $5,284 $154,200 $0 $0
2019 $5,187 $118,800 $8,800 $110,000
2018 $4,950 $118,800 $0 $0
2017 $4,925 $120,800 $0 $0
2016 $4,830 $119,700 $0 $0
2015 $4,815 $119,400 $0 $0
2014 $1,135 $109,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20047092

Southwestern Michigan Association of REALTORS®

APN: 11-14-5000-0055-01-2