Seller's Agent in 2020
Jennifer Inman
Red Shoe Realty
(269) 635-2407
71 in this area
181 Total Sales
Estimated Value: $205,000 - $253,293
--
Bed
3
Baths
--
Sq Ft
5,227
Sq Ft Lot Lot
Highlights
- 1 Fireplace
- Window Unit Cooling System
- Baseboard Heating
- Corner Lot: Yes
- Forced Air Heating System
- 5-minute walk to Orchard Park
About This Home
As of November 2020Great investment opportunity located on a corner lot near the downtown Niles area. This well-maintained 4 unit rental property is fully rented with reliable tenants.
With low vacancy rates, positive cash flow and 20 years of rental history. Offers 1- 2 bedroom unit, 3- 1 bedroom units with on-site coin laundry in the full basement for additional income. 4 parking spots on the asphalt drive. Nice hardwood floors on the main level and lots of character throughout. Each unit comes with fridge, stove and window a/c unit. Furnace was replaced 6 years ago.
Last Agent to Sell the Property
Red Shoe Realty License #6506045699 Listed on: 10/09/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,613
Year Built
- Built in 1997
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 74 x 72
- Corner Lot: Yes
Parking
- 4 Parking Spaces
Home Design
- Composition Roof
- Rubber Roof
- Vinyl Siding
Interior Spaces
- 1 Fireplace
- Basement Fills Entire Space Under The House
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
- Window Unit Heating System
- Baseboard Heating
- High Speed Internet
- Internet Available
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for electric
- The owner pays for trash collection, water, sewer, gas
Community Details
Building Details
- Insurance Expense $1,140
- Maintenance Expense $2,920
- Utility Expense $2,284
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 9, 2020
Closed on
Nov 30, 2020
Sold by
Er Rentals
Bought by
Oconnor Michael R
Seller's Agent
Jennifer Inman
Red Shoe Realty
Buyer's Agent
Anissa DeSanctis
Coldwell Banker Anchor R.E.
List Price
$135,000
Sold Price
$129,000
Premium/Discount to List
-$6,000
-4.44%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,573
Avg. Annual Appreciation
10.31%
Original Mortgage
$96,750
Outstanding Balance
$86,136
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$133,437
Purchase Details
Closed on
Mar 18, 1997
Purchase Details
Closed on
Apr 1, 1987
Purchase Details
Closed on
Jul 23, 1986
Purchase Details
Closed on
Nov 4, 1982
Purchase Details
Closed on
Sep 1, 1982
Purchase Details
Closed on
Nov 1, 1975
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Oconnor Michael R | $129,000 | Chicago Title Of Mi Inc | |
| -- | $92,000 | -- | |
| -- | $50,000 | -- | |
| -- | $56,000 | -- | |
| -- | -- | -- | |
| -- | $22,300 | -- | |
| -- | $35,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Oconnor Michael R | $96,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/30/2020 11/30/20 | Sold | $129,000 | -4.4% | -- |
| 10/09/2020 10/09/20 | For Sale | $135,000 | -- | -- |
| 09/20/2020 09/20/20 | Pending | -- | -- | -- |
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 | $2,899 | $56,900 | $0 | $0 |
| 2024 | $1,480 | $58,200 | $0 | $0 |
| 2023 | $1,419 | $54,600 | $0 | $0 |
| 2022 | $1,352 | $45,100 | $0 | $0 |
| 2021 | $3,037 | $53,200 | $18,100 | $35,100 |
| 2020 | $1,636 | $39,900 | $0 | $0 |
| 2019 | $1,613 | $31,500 | $5,300 | $26,200 |
| 2018 | $1,556 | $31,500 | $0 | $0 |
| 2017 | $1,540 | $32,400 | $0 | $0 |
| 2016 | $1,514 | $43,500 | $0 | $0 |
| 2015 | $1,510 | $43,600 | $0 | $0 |
| 2014 | $761 | $40,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Inman
-
Anissa DeSanctis
Buyer's Agent in 2020
Anissa DeSanctis
Coldwell Banker Anchor R.E.
(269) 325-8077
3 in this area
97 Total Sales
Map
Source: MichRIC
MLS Number: 20029815
APN: 11-72-3080-0011-00-7
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.
Nearby Homes
- 7 N 5th St
- 507 Broadway St
- 15 N 5th St
- 513 Broadway St
- 9 N 5th St Unit Studio
- 1 S 5th St
- 0 S 5th St Unit 2531223
- 17 N 5th St
- 512 Broadway St
- 519 Broadway St
- 508 Broadway St
- 23 N 5th St
- 512 Broadway St
- 516 Cedar St
- 516 Cedar St Unit 1
- 516 Broadway St
- 525 Broadway St
- 520 Cedar St
- 520 Broadway St
- 524 Cedar St
Your Personal Tour Guide
Ask me questions while you tour the home.