$40,000
SOLD AUG 15, 2014

2531 Norred Ct Niles, MI 49120

2 Beds
5 Baths
2,500 Sq Ft
0.88 Acres

Recently Sold

$16 Per Sq Ft

50 Days on Market

Highlights

  • No HOA
  • Living Room
  • 1-Story Property
  • Eat-In Kitchen
  • Baseboard Heating

About This Home

As of August 2014

Bank foreclosure, 2 bedroom plus. This home originally single family converted to two units on main floor with 3rd unit in basement. Home needs cleaned out. Good income property

Last Agent to Sell the Property

Lynn Ferris

RE/MAX Modern Realty, Inc. License #6501305797 Listed on: 06/26/2014

Last Buyer's Agent

Richard Shepardson

RE/MAX Modern Realty, Inc. License #6501364812

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 0.88 Acre Lot
  • Property fronts a private road

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • 2 Bedrooms in Basement

Parking

  • Carport
  • Unpaved Driveway

Utilities

  • Baseboard Heating
  • Well
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1995
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2500.0
  • Tax Info:Annual Property Tax: 1719.0
  • Tax Info:Zoning3: res
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Util Avail at Street:Electric: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Heat Type:Baseboard: Yes
  • General Property Info:SqFt Above Grade: 1500.0
  • General Property Info Garage YN: No
  • Architectural Style:Ranch: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Basement: Full
  • LivingArea: 2500.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Bedrooms: 2
  • Basement Rooms:Basement Full Baths: 1
  • Basement Rooms:Basement Half Baths: 2
  • Basement Rooms:Basement Finished SQFT: 1000.0
  • Basement Rooms:Total Basement SQFT: 1500.0
  • Kitchen Features:Eating Area: Yes
  • Below Grade Sq Ft: 1000.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 40000.0
  • Road Frontage Type: Private Road
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: Yes
  • Garage: No
  • Parking Features: Carport
  • Parking Features Carport14: Yes

Utilities

  • Heating: Baseboard
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected
  • Water Source: Well
  • Water Well: Yes
  • Heat Source:Electric2: Yes

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.88
  • Lot Size Area: 0.88
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 38333.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1719.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2025
Sold by
Hibbard Roberta L
Bought by
37 Milestone Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Outstanding Balance
$56,000
Interest Rate
6.84%
Mortgage Type
Construction
Estimated Equity
$203,193

Purchase Details

Closed on
Jun 17, 2024
Sold by
Hibbard Roberta L
Bought by
Berrien County Treasurer

Purchase Details

Closed on
Jun 13, 2023
Sold by
Hibbard Roberta L
Bought by
Berrien County Treasurer

Purchase Details

Closed on
Jan 6, 2015
Sold by
Generation Mortgage Company
Bought by
Hibbard Roberta L

Purchase Details

Closed on
Apr 17, 2014
Sold by
Burger Cecilia B
Bought by
Generation Mortgage Company

Purchase Details

Closed on
Dec 16, 2010
Sold by
Burger Cecilia B and Norred Cecilia B
Bought by
Burger Cecilia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,500
Interest Rate
4.16%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $56,000 Meridian Title
Warranty Deed $56,000 Meridian Title
Foreclosure Deed -- --
Foreclosure Deed -- --
Deed $40,000 Lunear Title & Closing
Sheriffs Deed $40,000 None Available
Interfamily Deed Transfer -- Nta
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $56,000 Construction
Closed $56,000 Construction
Previous Owner $145,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $39,925 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Pending -- -- --
08/14/2025 08/14/25 For Sale $99,900 +149.8% $67 / Sq Ft
08/15/2014 08/15/14 Sold $40,000 0.0% $16 / Sq Ft
08/15/2014 08/15/14 Pending -- -- --
06/26/2014 06/26/14 For Sale $40,000 -- $16 / 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 $486 $92,900 $0 $0
2024 $2,863 $110,400 $0 $0
2023 $1,679 $100,600 $0 $0
2022 $1,607 $93,600 $0 $0
2021 $2,574 $82,700 $8,800 $73,900
2020 $2,487 $78,500 $0 $0
2019 $20 $0 $0 $0
2018 $354 $0 $0 $0
2017 $2,096 $63,100 $0 $0
2016 $2,069 $60,800 $0 $0
2015 $1,564 $61,600 $0 $0
2014 $1,042 $59,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14036096

Southwestern Michigan Association of REALTORS®

APN: 11-14-0860-0015-04-2