NOT LISTED FOR SALE

261 Marks St Niles, MI 49120

Estimated Value: $185,000 - $202,403

3 Beds
2 Baths
1,774 Sq Ft
$110/Sq Ft Est. Value

Last Sold March 27, 2015

Last sale price $23,500 $13 Per Sq Ft

Est. 733% increase in value since last sale

Current estimated payment $1,279/month

94 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Brandywine Senior High School Rated A-
  • Laundry Room
  • Dining Area

About This Home

As of March 2015

Large Price Reduction- HUD Home in Brandywine Schools close to the Indiana Michigan Stateline. Avail 3-13-15 Bids due daily,by 11:59 PM CST then daily til sold. AS IS'' HUD property sold by electronic bid only. FHA Case #263-411927- uninsured. 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. Disclosures: Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk.

Last Agent to Sell the Property

Beth Van

Bon Realty License #6502103167 Listed on: 12/12/2014

Last Buyer's Agent

Elizabeth Van Leeuwen

RE/MAX Modern Realty, Inc.

Property Details

Home Type

  • Manufactured Home

Year Built

  • Built in 2003

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 90x99
  • The property's road front is unimproved
  • Level Lot

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,774 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Insulated Windows
  • Family Room with Fireplace
  • Dining Area
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Manufactured Home

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 2003
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 14.07
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 90x99
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1774.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 1242.0
  • Tax Info:Zoning3: R1B
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Insulated Windows: Yes
  • General Property Info:Fireplace: Yes
  • Substructure:Crawl Space: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Water Heater:Electric3: Yes
  • General Property Info:SqFt Above Grade: 1774.0
  • General Property Info Garage YN: No
  • Special Features: RealEstateOwned
  • Property Sub Type: MobileManufactured

Interior Features

  • Appliances: Dishwasher
  • Interior Amenities: Eat-in Kitchen
  • Fireplace Features: Family Room, Gas Log
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • LivingArea: 1774.0
  • Window Features: Insulated Windows
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Family: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Deck(s)
  • List Price: 24960.0
  • Lot Features: Level
  • Road Surface Type: Unimproved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

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

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 90x99
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: R1B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1242.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2014
Closed on
Mar 25, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Robison William R and Robison Carol S
Seller's Agent
Beth Van
Bon Realty
Buyer's Agent
Beth Van
Bon Realty
List Price
$48,000
Sold Price
$23,500
Premium/Discount to List
-$24,500
-51.04%
Current Estimated Value
$195,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,351
Avg. Annual Appreciation
21.47%

Purchase Details

Closed on
Oct 7, 2013
Sold by
Jpmorgan Chase Bank National Association
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Mar 21, 2013
Sold by
Ropp Christopher L and Ropp Cheryl
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Aug 3, 2007
Sold by
Cadlerock Properties Joint Venture Lp
Bought by
Ropp Chris L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,240
Interest Rate
6.63%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 2006
Sold by
Waterfield Shareholder Llc
Bought by
Cadlerock Properties Joint Venture Lp

Purchase Details

Closed on
Jul 14, 2005
Sold by
Beavo Lynford R
Bought by
Union Federal Bank Of Indianapolis

Purchase Details

Closed on
Aug 31, 2004
Sold by
Thornton Van P and Thornton Kristina K
Bought by
Beavo Lynford R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,523
Interest Rate
6.08%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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 Buyer Sale Price Title Company
Robison William R $23,500 Mtc
The Secretary Of Housing & Urban Develop -- None Available
Jpmorgan Chase Bank National Association $25,500 None Available
Ropp Chris L $81,500 Cti
Cadlerock Properties Joint Venture Lp -- None Available
Waterfield Shareholder Llc -- None Available
Union Federal Bank Of Indianapolis $91,827 --
Beavo Lynford R $10,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ropp Chris L $80,240
Previous Owner Beavo Lynford R $89,523
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2015 03/27/15 Sold $23,500 -51.0% $13 / Sq Ft
03/16/2015 03/16/15 Pending -- -- --
12/12/2014 12/12/14 For Sale $48,000 -- $27 / Sq Ft
Source: MichRIC

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 $3,143 $92,800 $0 $0
2024 $2,168 $62,300 $0 $0
2023 $2,065 $60,500 $0 $0
2022 $1,972 $68,400 $0 $0
2021 $2,719 $74,300 $6,000 $68,300
2020 $2,527 $60,900 $0 $0
2019 $2,253 $50,400 $6,000 $44,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 14065532

MichRIC

APN: 11-14-0123-0030-02-6