NOT LISTED FOR SALE

2505 Portage Rd Niles, MI 49120

Estimated Value: $913,000

3 Beds
3 Baths
2,562 Sq Ft
$356/Sq Ft Est. Value

About This Home

This home is located at 2505 Portage Rd, Niles, MI 49120 and is currently priced at $913,000, approximately $356 per square foot. 2505 Portage Rd is a home located in Berrien County with nearby schools including Merritt Elementary School, Brandywine Elementary School, and Brandywine Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2021
Sold by
Biek Thomas and Restated Biek Family Living Tr
Bought by
Mcnamara Terrance P and Mcnamara Laurie H
Current Estimated Value
$913,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000
Outstanding Balance
$10,110
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 6, 2020
Sold by
Mcnamara Laurie H
Bought by
Mcnamara Terrance P and Mcnamara Laurie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2013
Sold by
Kope Gregory D and Kope Marcia A
Bought by
Mcnamara Laurie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 20, 1998

Purchase Details

Closed on
Oct 31, 1997
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Mcnamara Terrance P $12,000 None Available
Mcnamara Terrance P -- None Available
Mcnamara Laurie H $500,000 Meridian Title Corp
-- $50,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnamara Terrance P $11,000
Previous Owner Mcnamara Terrance P $460,000
Previous Owner Mcnamara Laurie H $475,000
Previous Owner Kope Gregory D $146,100
Previous Owner Kope Gregory D $100,000
Previous Owner Kope Gregory D $183,500
Source: Public Records

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
2021 $4,823 $253,500 $36,900 $216,600
2020 $4,810 $254,000 $0 $0
2019 $4,696 $188,300 $34,300 $154,000
2018 $4,693 $188,300 $0 $0
2017 $4,712 $189,800 $0 $0
2016 $5,023 $213,000 $0 $0
2015 $4,809 $223,900 $0 $0
2014 $2,157 $200,200 $0 $0
Source: Public Records

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