NOT LISTED FOR SALE

1505 Sheffield Ave Niles, MI 49120

Estimated Value: $153,000 - $169,000

3 Beds
1 Bath
1,100 Sq Ft
$146/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $43,000 $39 Per Sq Ft

Est. 274% increase in value since last sale

Current estimated payment $967/month

63 Days on Market

Highlights

  • Recreation Room
  • Living Room
  • Forced Air Heating System
  • Den
  • Laundry Room
  • Dining Room

About This Home

As of May 2019

located in Niles offers 3 bedroom, 1 full bathroom, attached carport open concept with kitchen, living room and eating area, storage shed in the large back yard

Last Agent to Sell the Property

Patricia Baba

RE/MAX Elite Group License #6506037260 Listed on: 03/14/2019

RE/MAX Elite Group

Co-Listed By

Carol Trayling

RE/MAX Elite Group License #6501306752

Last Buyer's Agent

Tammy Anders

MI Realty, A Michigan RE Co. License #6502422914

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50 x 175

Parking

  • 1 Car Garage
  • Carport

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

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 1950

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 61.82
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50 x 175
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1100.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1300.0
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Slab: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1100.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Slab
  • LivingArea: 1100.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 68000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Carport
  • Parking Features Carport14: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 50 x 175
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1300.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2019
Sold by
Robbie Krueger
Bought by
Reihl Jacob A
Current Estimated Value
$161,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,850
Outstanding Balance
$89,602
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$71,413

Purchase Details

Closed on
Nov 4, 2019
Sold by
Krueger Robbie
Bought by
Reihl Jacob A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,850
Outstanding Balance
$89,602
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$71,413

Purchase Details

Listed on
Mar 14, 2019
Closed on
Jun 6, 2019
Sold by
Finance Of America Reverse Llc
Bought by
Krueger Robbie
Seller's Agent
Patricia Baba
RE/MAX Elite Group
Buyer's Agent
Tammy Anders
MI Realty, A Michigan RE Co.
List Price
$68,000
Sold Price
$43,000
Premium/Discount to List
-$25,000
-36.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.33%

Purchase Details

Listed on
Mar 14, 2019
Closed on
May 21, 2019
Sold by
Finance Of America Reverse Llc
Bought by
Krueger Robbie
Seller's Agent
Patricia Baba
RE/MAX Elite Group
Buyer's Agent
Tammy Anders
MI Realty, A Michigan RE Co.
List Price
$68,000
Sold Price
$43,000
Premium/Discount to List
-$25,000
-36.76%

Purchase Details

Closed on
Jan 29, 2019
Sold by
Finance Of America Reverse Llc
Bought by
Urban Financial Reo Llc

Purchase Details

Closed on
Jan 17, 2019
Sold by
Earl Ronald
Bought by
Finance Of America Reverse Llc

Purchase Details

Closed on
May 9, 2011
Sold by
Earl Marilyn J
Bought by
Earl Marilyn J and Earl Ronald
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Reihl Jacob A $105,000 First American Title
Reihl Jacob A $105,000 First American Title
Krueger Robbie $43,000 First American Title
Krueger Robbie $43,000 First American Title
Urban Financial Reo Llc -- None Available
Finance Of America Reverse Llc $65,914 None Available
Earl Marilyn J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reihl Jacob A $101,850
Closed Reihl Jacob A $101,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2019 05/24/19 Sold $43,000 -36.8% $39 / Sq Ft
05/16/2019 05/16/19 Pending -- -- --
03/14/2019 03/14/19 For Sale $68,000 -- $62 / 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 $1,473 $59,300 $0 $0
2024 $1,156 $58,100 $0 $0
2023 $1,109 $51,500 $0 $0
2022 $1,056 $38,000 $0 $0
2021 $1,295 $34,100 $2,300 $31,800
2020 $1,299 $34,100 $0 $0
2019 $975 $24,700 $1,600 $23,100
2018 $955 $24,700 $0 $0
2017 $991 $29,200 $0 $0
2016 $970 $26,000 $0 $0
2015 $967 $25,600 $0 $0
2014 $767 $25,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patricia Baba

    Seller's Agent in 2019

    Patricia Baba

    RE/MAX Michigan

    (269) 268-4526

    4 in this area

    71 Total Sales

    Patricia Baba
    Section Image

  • C

    Seller Co-Listing Agent in 2019

    Carol Trayling

    RE/MAX Michigan

    Section Image
  • Tammy Anders

    Buyer's Agent in 2019

    Tammy Anders

    MI Realty, A Michigan RE Co.

    (269) 362-5101

    124 in this area

    261 Total Sales

    Tammy Anders
    Section Image
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Map

Source: MichRIC

MLS Number: 19009076

MichRIC

APN: 11-71-2100-0264-00-1

Michigan Berrien County Niles 49120

1505 Sheffield Ave, Niles, MI

Not Listed for Sale

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