NOT LISTED FOR SALE

1542 Cherry St Niles, MI 49120

Niles Area

Estimated Value: $62,000 - $172,000

2 Beds
1 Bath
1,155 Sq Ft
$111/Sq Ft Est. Value

Sale Details

Date Sold: October 25, 2024

Last sale price $36,500 $32 Per Sq Ft

Est. 252% increase in value since last sale

Current estimated payment $744 / mo

2 Days on Market

Highlights

  • Bonus Room
  • Living Room
  • Bungalow
  • 1 Car Detached Garage
  • Laundry Room
  • Forced Air Heating System

About This Home

As of October 2024

This property is ready for someone with vision and determination! Located on Cherry St in Niles, this home was impacted by a fire and is awaiting the right person to bring it back to life. This house offers an exciting opportunity to restore and renovate it into the home it deserves to be. Perfect for an investor or buyer who loves a project, this home is full of potential to shine once again. The location is ideal, nestled in a quiet neighborhood while still being close to all the amenities of Niles. If you've been looking for a property to make your own or a great investment opportunity, this could be the one! Bring your creativity and craftsmanship to this blank canvas and unlock its possibilities. This is a double lot property.

Last Agent to Sell the Property

Catherine Waggoner

CK Home Group License #6502432278 Listed on: 10/10/2024

Last Buyer's Agent

Kyle Zelmer

Century 21 Affiliated License #6506047736

Century 21 Affiliated

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 104x120

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1950
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 52.08
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 104x120
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1155.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 988.0
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Roofing:Shingle: Yes
  • General Property Info:SqFt Above Grade: 864.0
  • Laundry Features In Basement: Yes
  • General Property Info Garage YN: Yes
  • Architectural Style Bungalow: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1155.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Finished SQFT: 291.0
  • Basement Rooms:Total Basement SQFT: 864.0
  • Below Grade Sq Ft: 291.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 45000.0
  • Roof: Shingle
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Sewer: Public
  • Utilities: Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Dimensions: 104x120

Tax Info

  • Tax Annual Amount: 988.0
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2026
Sold by
Bought by
Current Estimated Value
$128,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Outstanding Balance
$85,980
Interest Rate
6.18%
Mortgage Type
New Conventional
Estimated Equity
$42,375

Purchase Details

Listed on
Oct 10, 2024
Closed on
Oct 5, 2024
Sold by
Bought by
Seller's Agent
Catherine Waggoner
CK Home Group
Buyer's Agent
Kyle Zelmer
Century 21 Affiliated
List Price
$45,000
Sold Price
$36,500
Premium/Discount to List
-$8,500
-18.89%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
103.49%

Purchase Details

Listed on
May 16, 2024
Closed on
Jun 12, 2024
Sold by
Bought by
Seller's Agent
Jennifer Stoops
RE/MAX Modern Realty, Inc.
Buyer's Agent
Catherine Waggoner
CK Home Group
List Price
$88,000
Sold Price
$82,000
Premium/Discount to List
-$6,000
-6.82%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-87.45%

Purchase Details

Closed on
Apr 21, 2005
Sold by
Bought by

Purchase Details

Closed on
Dec 4, 1991

Purchase Details

Closed on
May 18, 1990
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Niles, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$108,000 Meridian Title
$36,500 None Listed On Document
$82,000 First American Title
-- --
$36,500 --
$28,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $86,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2024 10/25/24 Sold $36,500 -18.9% $32 / Sq Ft
10/12/2024 10/12/24 Pending -- -- --
10/10/2024 10/10/24 For Sale $45,000 -45.1% $39 / Sq Ft
06/04/2024 06/04/24 Sold $82,000 -6.8% $71 / Sq Ft View Prior Sale
05/18/2024 05/18/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $88,000 -- $76 / Sq Ft
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $465 $58,900 $0 $0
2025 $1,035 $55,900 $0 $0
2024 $803 $51,700 $0 $0
2023 $770 $45,200 $0 $0
2022 $733 $42,200 $0 $0
2021 $906 $39,300 $3,300 $36,000
2020 $896 $30,600 $0 $0
2019 $885 $36,800 $8,800 $28,000
2018 $856 $36,800 $0 $0
2017 $842 $31,700 $0 $0
2016 $824 $25,200 $0 $0
2015 $822 $23,100 $0 $0
2014 $637 $23,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 24053476

MichRIC

APN: 11-73-8790-0173-00-1

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