NOT LISTED FOR SALE

2700 Detroit Rd Niles, MI 49120

Estimated Value: $208,000 - $273,000

-- Bed
-- Bath
-- Sq Ft
0.68 Acres

Last Sold September 11, 2020

Last sale price $141,500

Est. 71% increase in value since last sale

Current estimated payment $1,613/month

Highlights

  • 1 Fireplace
  • Baseboard Heating
  • Level Lot
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of September 2020

This 4 unit, block, ground floor apartment building includes over 1/2 an acre of land. Each unit has 1 bedroom, 2 have been remodeled with new carpet, flooring & kitchen area. There has been blown-in, insulation installed last winter, septic has been pumped & inspected and the 5'' well has been inspected.

Last Agent to Sell the Property

Jennifer Inman

Red Shoe Realty License #6506045699 Listed on: 07/28/2020

Last Buyer's Agent

Our Team

IREP ERA Powered License #6506045699

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,094

Year Built

  • Built in 1970

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 147 x 220
  • Level Lot

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1 Fireplace
  • Crawl Space

Parking

  • 7 Parking Spaces
  • Paved Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Well
  • Septic System

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,094

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1970
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 147 x 220
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 3093.82
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Sewer:Septic System: Yes
  • Utilities Attached:Electric4: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Substructure:Slab: Yes
  • Substructure:Crawl Space: Yes
  • Heat Type:Baseboard: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Crawl Space, Slab
  • Basement: No

Exterior Features

  • Construction Materials: Block
  • List Price: 143000.0
  • Lot Features: Level
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 7.0
  • General Property Info:Total Parking Spaces: 7.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Baseboard, Electric
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Natural Gas Available, Electric Available, Electric Connected
  • Water Well: Yes
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.68
  • Lot Size Area: 0.68
  • Lot Dimensions: 147 x 220
  • Lot Size Sq Ft: 29621.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection
  • Tenant Pays: Electric

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 3093.82
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2020
Closed on
Sep 11, 2020
Sold by
Lawson Kathleen May and Kathleen May Lawson Living Tru
Bought by
Jn Heller Services Llc
Seller's Agent
Jennifer Inman
Red Shoe Realty
Buyer's Agent
Jennifer Inman
Red Shoe Realty
List Price
$143,000
Sold Price
$141,500
Premium/Discount to List
-$1,500
-1.05%
Current Estimated Value
$241,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,212
Avg. Annual Appreciation
11.16%
Original Mortgage
$113,200
Outstanding Balance
$100,458
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$141,254

Purchase Details

Closed on
Dec 22, 2016
Sold by
Lawson Kathleen May
Bought by
Lawson Kathleen May

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,900
Interest Rate
4.03%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 7, 2004
Sold by
Lawson Phillip R and Lawson Kathleen M
Bought by
Lawson Phillip Ray and Lawson Kathleen May
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 Buyer Sale Price Title Company
Jn Heller Services Llc $141,500 Accommodation
Lawson Kathleen May -- Attorney
Lawson Kathleen May -- Attorney
Lawson Phillip Ray -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jn Heller Services Llc $113,200
Previous Owner Lawson Kathleen May $194,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2020 09/11/20 Sold $141,500 -1.0% --
07/28/2020 07/28/20 For Sale $143,000 -- --
07/27/2020 07/27/20 Pending -- -- --
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 $3,907 $103,600 $103,600 $0
2024 $936 $103,300 $103,300 $0
2023 $892 $83,600 $0 $0
2022 $993 $93,000 $0 $0
2021 $4,436 $104,600 $0 $0
2020 $3,186 $105,900 $0 $0
2019 $3,064 $96,800 $0 $0
2018 $767 $78,800 $0 $0
2017 $751 $72,400 $0 $0
2016 $745 $80,694 $0 $0
2015 -- $79,000 $0 $0
2011 -- $81,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20029734

Southwestern Michigan Association of REALTORS®

APN: 14-020-028-012-00