$84,000
SOLD MAR 31, 2016

2232 Niles Buchanan Rd Niles, MI 49120

3 Beds
2 Baths
2,571 Sq Ft
1 Acres

Recently Sold

$33 Per Sq Ft

53% Above List Price

10 Days on Market

Highlights

  • Family Room with Fireplace
  • 2 Car Attached Garage
  • Patio
  • Wood Flooring
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of August 2020

New Listing- HUD Home in Niles Township close to US 31 By-Pass. Avail 1-21-16 Bids due by 1-30-16, 11:59 PM CST then daily til sold. AS IS'' HUD property sold by electronic bid only. FHA Case #263-502089 203k eligible. Buyer to verify all information. HUD does NOT pay for title insurance. BLB Resources makes no warranty as to the existence of mold in this property, and is not liable for the potentially harmful effects thereof and makes no warranty as to the condition of the property. See attached memo regarding Buyer Select'' program, seller paid closing costs. See attached Important Reminders Regarding Bidding and Lending on HUD Homes. LBP. Disclosures: Property is connected to well and septic systems. Any required well or septic system repairs will be the buyer's expense.

Last Agent to Sell the Property

Beth Van

Bon Realty License #6502103167 Listed on: 01/22/2016

Last Buyer's Agent

Linda Johnson

Coldwell Banker Anchor R.E.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,580

Year Built

  • Built in 1960

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 200x218
  • Level Lot
  • Property is zoned R1A, R1A

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,580

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1960
  • ResoPropertyType: Residential
  • Architectural Style:Ranch: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Eat-in Kitchen
  • Fireplace Features: Family Room, Living Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Walk-Out Access
  • LivingArea: 2571.0
  • Basement Rooms:Basement Finished SQFT: 1022.0
  • Basement Rooms:Total Basement SQFT: 1549.0
  • Kitchen Features:Eating Area: Yes
  • Fireplace:Living: Yes
  • Fireplace:Family: Yes
  • Below Grade Sq Ft: 1022.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 55000.0
  • Lot Features: Level
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 1.0
  • Lot Size Area: 1.0
  • Lot Dimensions: 200x218
  • Lot Size Sq Ft: 43560.0
  • Zoning Description: R1A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1580.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2020
Closed on
Sep 2, 2020
Sold by
Genovich Laura J
Bought by
Kelps Ronald and Kelps Robin
Seller's Agent
Bill Zehner
O'Brien Real Estate
Buyer's Agent
Pamela Gille
Cressy & Everett Real Estate
List Price
$135,900
Sold Price
$138,000
Premium/Discount to List
$2,100
1.55%
Total Days on Market
10
Current Estimated Value
$263,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,672
Avg. Annual Appreciation
14.51%
Original Mortgage
$103,500
Outstanding Balance
$92,838
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$170,834

Purchase Details

Listed on
May 30, 2020
Closed on
Aug 26, 2020
Sold by
Wagner Kirk A
Bought by
Kelps Ronald and Kelps Robin
Seller's Agent
Bill Zehner
O'Brien Real Estate
Buyer's Agent
Pamela Gille
Cressy & Everett Real Estate
List Price
$135,900
Sold Price
$138,000
Premium/Discount to List
$2,100
1.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Outstanding Balance
$92,838
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$170,834

Purchase Details

Listed on
Jan 22, 2016
Closed on
Mar 28, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Wagner Kirk
Seller's Agent
Beth Van
Bon Realty
Buyer's Agent
Linda Johnson
Coldwell Banker Anchor R.E.
List Price
$55,000
Sold Price
$84,000
Premium/Discount to List
$29,000
52.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.92%
Original Mortgage
$67,200
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2015
Sold by
Us Bank National Association
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Oct 10, 2013
Sold by
King Doris C
Bought by
U S Bank National Association

Purchase Details

Closed on
Mar 14, 2012
Sold by
King Doris C
Bought by
King Doris C and King Patricia D

Purchase Details

Closed on
Jul 22, 2011
Sold by
Stattler Betty J
Bought by
King Doris C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,374
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 25, 1984

Purchase Details

Closed on
Jun 7, 1977
Source: Public Records

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Range of Values:

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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
Trustee Deed $138,000 Near North Title Group
Deed $84,000 First American Title
Warranty Deed -- Attorney
Sheriffs Deed $147,380 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $143,000 Chicago Title
Deed $57,000 --
Deed $44,100 --
Trustee Deed $138,000 Near North Title Group
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $40,000 Credit Line Revolving
Open $103,500 New Conventional
Closed $103,500 New Conventional
Previous Owner $25,000 Credit Line Revolving
Previous Owner $67,200 New Conventional
Previous Owner $139,374 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $138,000 +1.5% $78 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
05/30/2020 05/30/20 For Sale $135,900 +61.8% $77 / Sq Ft
03/31/2016 03/31/16 Sold $84,000 +52.7% $33 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
01/22/2016 01/22/16 For Sale $55,000 -- $21 / Sq Ft
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 $2,751 $127,200 $0 $0
2024 $1,024 $121,200 $0 $0
2023 $976 $90,600 $0 $0
2022 $979 $90,900 $0 $0
2021 $2,464 $89,100 $11,500 $77,600
2020 $2,137 $81,300 $0 $0
2019 $2,098 $74,700 $11,500 $63,200
2018 $2,027 $74,700 $0 $0
2017 $2,015 $73,600 $0 $0
2016 $1,836 $68,700 $0 $0
2015 $3,054 $68,000 $0 $0
2014 $725 $67,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16002589

Southwestern Michigan Association of REALTORS®

APN: 11-14-2250-0002-00-1