NOT LISTED FOR SALE

301 Silverbrook Ave Niles, MI 49120

Estimated Value: $171,000 - $293,895

2 Beds
2 Baths
3,466 Sq Ft
$66/Sq Ft Est. Value

Last Sold January 06, 2015

Last sale price $95,201 $27 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $1,381/month

9 Days on Market

Highlights

  • Wooded Lot
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Porch
  • Shed
  • High Speed Internet

About This Home

As of January 2015

New Listing- HUD Home on corner lot in Niles City. Avail 10-20-14 Bids due by 10-29-14, 11:59 PM CST then daily til sold. AS IS'' HUD property sold by electronic bid only. FHA Case #263-443218 203k eligible. 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. Please see attached Important Reminders Regarding Bidding and Lending on HUD Homes and LBP addendums attached. 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: 10/21/2014

Last Buyer's Agent

Elizabeth Dietz

Bon Realty License #6501376777

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,677

Year Built

  • Built in 1975

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 150.86x192.54x150.1x203.2
  • Wooded Lot
  • Property is zoned 401 RES, 401 RES

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Family Room with Fireplace
  • Dining Area
  • Basement Fills Entire Space Under The House
  • Dishwasher
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed
  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,677

Year Built

Built in 1975

Lot Details

0.7 Acres

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1975
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 39.47
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 150.86x192.54x150.1x203.2
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3466.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 1677.0
  • Tax Info:Zoning3: 401 RES
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: 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
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: Yes
  • Water Heater:Natural Gas4: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1824.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Fireplace Features: Family Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 3466.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Finished SQFT: 1642.0
  • Basement Rooms:Total Basement SQFT: 1824.0
  • Appliances Dishwasher: Yes
  • Fireplace:Family: Yes
  • Below Grade Sq Ft: 1642.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 72000.0
  • Lot Features: Wooded
  • Other Structures: Shed(s)
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.7
  • Lot Size Area: 0.7
  • Lot Dimensions: 150.86x192.54x150.1x203.2
  • Lot Size Sq Ft: 30492.0
  • Zoning Description: 401 RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1677.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2014
Closed on
Jan 2, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Switalski David Michael
Seller's Agent
Beth Van
Bon Realty
Buyer's Agent
Elizabeth Dietz
Bon Realty
List Price
$72,000
Sold Price
$95,201
Premium/Discount to List
$23,201
32.22%
Current Estimated Value
$227,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,523
Avg. Annual Appreciation
8.11%
Original Mortgage
$76,161
Outstanding Balance
$58,572
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$169,152

Purchase Details

Closed on
Apr 14, 2014
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Sep 13, 2012
Sold by
Schoenthaler Jim D and Schoenthaler Vicki
Bought by
Bank Of America Na

Purchase Details

Closed on
Mar 30, 2001
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Switalski David Michael $95,201 Mtc
The Secretary Of Housing & Urban Develop -- None Available
Bank Of America Na $236,248 None Available
-- $142,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Switalski David Michael $76,161
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2015 01/06/15 Sold $95,201 +32.2% $27 / Sq Ft
10/30/2014 10/30/14 Pending -- -- --
10/21/2014 10/21/14 For Sale $72,000 -- $21 / 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 $2,506 $116,700 $0 $0
2024 $1,990 $105,300 $0 $0
2023 $1,908 $85,100 $0 $0
2022 $1,817 $79,800 $0 $0
2021 $2,215 $74,600 $9,500 $65,100
2020 $2,191 $59,600 $0 $0
2019 $2,164 $69,800 $20,000 $49,800
2018 $2,202 $69,800 $0 $0
2017 $2,165 $62,300 $0 $0
2016 $2,119 $56,700 $0 $0
2015 $1,906 $53,900 $0 $0
2014 $1,497 $53,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 14058974

MichRIC

APN: 11-73-5450-0005-06-5

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