NOT LISTED FOR SALE

4550 W Chicago Rd Niles, MI 49120

Estimated Value: $300,000 - $523,480

8.15 Acres
$51,763 Price per Acre
355,014 Sq Ft Lot

Last Sold March 31, 2016

Last sale price $60,000

Est. 603% increase in value since last sale

Current estimated payment $2,477/month

81 Days on Market

About This Lot

As of March 2016

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Last Agent to Sell the Property

Jennifer Detweiler

Cressy & Everett Real Estate Listed on: 11/20/2015

Last Buyer's Agent

Joe Grabill

Berkshire Hathaway HomeServices Michigan Real Estate License #6501346545

Berkshire Hathaway HomeServices Michigan Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $619

Lot Details

  • 8.15 Acre Lot
  • Cleared Lot

Property Details

Property Type

Land

Est. Annual Taxes

$619

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: irregular
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 619.43
  • Util Avail at Street:Electric: Yes
  • General Property Info:Property Sub-Type2: Acreage
  • Lot Description:Cleared: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 65000.0
  • Lot Features: Buildable, Cleared
  • Road Surface Type: Paved
  • Waterfront: No

Lot Info

  • Lot Size Acres: 8.15
  • Lot Size Area: 8.15
  • Lot Size Sq Ft: 355014.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 619.43
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2015
Closed on
Mar 31, 2016
Sold by
May Cherie and May Joshua
Bought by
Adamovsky Heidi M
Seller's Agent
Jennifer Detweiler
Cressy & Everett Real Estate
Buyer's Agent
Joe Grabill
Berkshire Hathaway HomeServices Michigan Real Estate
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%
Current Estimated Value
$421,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,870
Avg. Annual Appreciation
22.09%
Original Mortgage
$43,600
Outstanding Balance
$19,062
Interest Rate
3.65%
Mortgage Type
Amount Keyed Is An Aggregate Amount
Estimated Equity
$402,808

Purchase Details

Closed on
Aug 12, 2008
Sold by
Huss Mathew and Huss Deanna
Bought by
May Cherie and May Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.39%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Adamovsky Heidi M $60,000 First American Title
May Cherie $60,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adamovsky Heidi M $43,600
Previous Owner May Cherie $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2016 03/31/16 Sold $60,000 -7.7% --
02/09/2016 02/09/16 Pending -- -- --
11/20/2015 11/20/15 For Sale $65,000 -- --
Source: MichRIC

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 $3,512 $226,700 $0 $0
2024 $2,067 $200,400 $0 $0
2023 $1,968 $176,600 $0 $0
2022 $1,875 $148,900 $0 $0
2021 $3,223 $147,900 $33,800 $114,100
2020 $2,763 $129,800 $0 $0
2019 $1,675 $30,700 $30,700 $0
2018 $739 $30,700 $0 $0
2017 $739 $30,700 $0 $0
2016 $699 $32,200 $0 $0
2015 $550 $30,400 $0 $0
2014 $315 $29,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 15060414

MichRIC

APN: 11-05-0022-0002-14-2