M
Seller's Agent in 2019
Mark Skene
RE/MAX Michigan
Estimated Value: $112,023
2
Beds
2
Baths
--
Sq Ft
4,687
Sq Ft Lot
About This Home
As of June 2019Investors take a look ! Nice all brick 2 unit income property conveniently located 1 block from downtown Niles. Excellent rental history & low vacancy.
Last Agent to Sell the Property
Mark Skene
RE/MAX Modern Realty, Inc. License #6501203971 Listed on: 05/17/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,600
Year Built
- Built in 1925
Lot Details
- 4,687 Sq Ft Lot
- Lot Dimensions are 71x66
Parking
- 4 Parking Spaces
Home Design
- Brick Exterior Construction
- Composition Roof
Basement
- Partial Basement
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for gas
- The owner pays for water, sewer
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 22, 2020
Sold by
Wallace Stephen and Wallace Stephen V
Bought by
Wallace Stephen V
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$352,210
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
May 17, 2018
Closed on
Jun 24, 2019
Sold by
Ibrahim Kamelia
Bought by
Wallace Stephen
Seller's Agent
Mark Skene
RE/MAX Modern Realty, Inc.
Buyer's Agent
Claudia Kelleher
Cressy & Everett Real Estate
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%
Purchase Details
Closed on
May 17, 2002
Purchase Details
Closed on
Apr 9, 1996
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wallace Stephen V | -- | None Available | |
| Wallace Stephen | $75,000 | None Available | |
| -- | -- | -- | |
| -- | $46,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wallace Stephen V | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/24/2019 06/24/19 | Sold | $75,000 | -11.8% | -- |
| 05/30/2019 05/30/19 | Pending | -- | -- | -- |
| 05/17/2018 05/17/18 | For Sale | $85,000 | -- | -- |
Source: MichRIC
Tax History Compared to Growth
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 | $1,848 | $42,800 | $0 | $0 |
| 2024 | $913 | $43,900 | $0 | $0 |
| 2023 | $875 | $34,300 | $0 | $0 |
| 2022 | $833 | $27,800 | $0 | $0 |
| 2021 | $1,987 | $34,300 | $4,100 | $30,200 |
| 2020 | $2,018 | $34,800 | $0 | $0 |
| 2019 | $1,705 | $30,300 | $4,400 | $25,900 |
| 2018 | $1,645 | $30,300 | $0 | $0 |
| 2017 | $1,627 | $31,700 | $0 | $0 |
| 2016 | $1,600 | $42,400 | $0 | $0 |
| 2015 | $1,595 | $43,100 | $0 | $0 |
| 2014 | $807 | $27,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Claudia Kelleher
C
Buyer's Agent in 2019
Claudia Kelleher
Cressy & Everett Real Estate
(602) 380-5618
24 in this area
65 Total Sales
Map
Source: MichRIC
MLS Number: 18021410
APN: 11-72-4560-0028-01-8
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