NOT LISTED FOR SALE

2551 Juniper Rd Niles, MI 49120

Estimated Value: $153,000 - $302,177

-- Bed
-- Bath
3,024 Sq Ft
$78/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $146,000 $48 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,396/month

40 Days on Market

About This Home

As of April 2021

Good Investment opportunity in this 3 unit apartment building! Seller has done some updates this year including new roof, updating kitchens and resurfacing the parking area. Each apartment has 2 bedrooms and includes kitchen appliances Tenants have access to the laundry area in the basement to use the coin operated washer & dryer in the basement. Two apartments are occupied and rent is $665 per month and the the lower unit has rented for $850. You could live in one unit and let the income from the other 2 units pay your mortgage! Seller is leaving the John Deer mower and a snow blower for the new owner. This sale includes a second lot which runs up to Detroit Rd. tax code 1402022007202.

Last Agent to Sell the Property

Nancye Kitchell

Bon Realty License #6506047168 Listed on: 01/25/2021

Last Buyer's Agent

Claudia Kelleher

Cressy & Everett Real Estate License #6506047350

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,227

Year Built

  • Built in 1968

Lot Details

  • 0.92 Acre Lot

Parking

  • 6 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Utilities

  • Hot Water Heating System
  • Natural Gas Connected
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Association fees include trash, water
  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,227

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Block, Brick
  • List Price: 155900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Heating: Hot Water
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Cable Connected, Broadband
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes

Fee Information

  • Association Fee Includes: Trash, Water

Lot Info

  • Lot Size Acres: 0.92
  • Lot Size Area: 0.92
  • Lot Size Sq Ft: 40075.0
  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Gas
  • Tenant Pays: Electricity

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2227.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2021
Closed on
Apr 30, 2021
Sold by
Babic Vladimir and Babic Gabriel V
Bought by
Wallace Stephen
Seller's Agent
Nancye Kitchell
Bon Realty
Buyer's Agent
Claudia Kelleher
Cressy & Everett Real Estate
List Price
$162,000
Sold Price
$146,000
Premium/Discount to List
-$16,000
-9.88%
Current Estimated Value
$236,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,044
Avg. Annual Appreciation
12.27%

Purchase Details

Closed on
Oct 29, 2010
Sold by
Estate Of Eugene Frederick Raatz
Bought by
Babic Vladimir and Babic Gabriel V
Source: Public Records

Range of Values:

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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
Wallace Stephen $146,000 First American Title
Babic Vladimir $55,300 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Stephen $386,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $146,000 -6.4% $48 / Sq Ft
04/01/2021 04/01/21 Off Market $155,900 -- --
01/25/2021 01/25/21 For Sale $162,000 -- $54 / 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
2024 $976 $100,500 $100,500 $0
2023 $930 $88,700 $0 $0
2022 $886 $83,000 $0 $0
2021 $2,351 $69,900 $0 $0
2020 $2,323 $69,900 $0 $0
2019 $2,227 $63,500 $0 $0
2018 $550 $51,200 $0 $0
2017 $564 $58,800 $0 $0
2016 $559 $62,933 $0 $0
2015 -- $68,100 $0 $0
2011 -- $66,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nancye Kitchell

    Seller's Agent in 2021

    Nancye Kitchell

    Bon Realty

    (269) 684-4445

    26 Total Sales

    Section Image

  • C

    Buyer's Agent in 2021

    Claudia Kelleher

    Cressy & Everett Real Estate

    (602) 380-5618

    67 Total Sales

    Claudia Kelleher
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20046742

Southwestern Michigan Association of REALTORS®

APN: 14-020-220-074-00

Michigan Cass County Niles 49120

2551 Juniper Rd, Niles, MI

This home is located at 2551 Juniper Rd, Niles, MI 49120 since 25 January 2021 and is currently estimated at $236,044, approximately $78 per square foot. This property was built in 1968. 2551 Juniper Rd is a home located in Cass County with nearby schools including James Ellis School, Howard-Ellis Elementary School, and Oak Manor Sixth Grade Center.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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