Jason Stroud Team
Ellsbury Group
(269) 448-3467
63 Total Sales
19 in Niles
$6K - $375K Price Range
501 Oak St Niles, MI 49120
Niles AreaEstimated Value: $156,000 - $204,000
4
Beds
2
Baths
--
Sq Ft
3,652
Sq Ft Lot
Highlights
- Corner Lot: Yes
- Hot Water Heating System
- 3-minute walk to Orchard Park
- Central Air
About This Home
As of April 2025This three-unit property is the perfect opportunity for investors or owner-occupants looking to add value and generate strong rental income. 501 Oak Street is a fantastic investment opportunity located near shopping, dining and all downtown Niles has to offer. Schedule your tour today!
Last Agent to Sell the Property
McKinnies Realty License #6501442353 Listed on: 03/16/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,363
Year Built
- Built in 1904
Lot Details
- 3,652 Sq Ft Lot
- Lot Dimensions are 52x74
- Corner Lot: Yes
Home Design
- Composition Roof
- Vinyl Siding
Parking
- 2 Parking Spaces
- Gravel Driveway
Utilities
- Central Air
- Heating System Uses Natural Gas
- Hot Water Heating System
- Natural Gas Connected
- Cable TV Available
Additional Features
- Laundry on main level
- Basement Fills Entire Space Under The House
Community Details
- 3 Units
- Laundry Facilities
Listing and Financial Details
- The owner pays for trash collection, electricity, water, sewer, gas
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2025
Closed on
Apr 30, 2025
Sold by
Bought by
Seller's Agent
Karie Miller
McKinnies Realty
Buyer's Agent
Jennifer Inman
Red Shoe Realty
List Price
$140,000
Sold Price
$129,000
Premium/Discount to List
-$11,000
-7.86%
Views
35
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
$54,807
Avg. Annual Appreciation
30.77%
Original Mortgage
$122,550
Outstanding Balance
$120,994
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$62,813
Purchase Details
Listed on
Mar 16, 2025
Closed on
Mar 25, 2025
Sold by
Bought by
Seller's Agent
Karie Miller
McKinnies Realty
Buyer's Agent
Jennifer Inman
Red Shoe Realty
List Price
$140,000
Sold Price
$129,000
Premium/Discount to List
-$11,000
-7.86%
Views
35
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,550
Outstanding Balance
$120,994
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$62,813
Purchase Details
Closed on
Aug 29, 2024
Sold by
Bought by
Purchase Details
Closed on
Nov 18, 2002
Purchase Details
Closed on
Dec 15, 1999
Purchase Details
Closed on
Sep 1, 1993
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Niles, MI
-
Jason Stroud Team
-
Missy Alkema
Missy Alkema
M2 Real Estate Collective
(269) 443-1731
43 Total Sales
3 in Niles
$157K - $440K Price Range
-
Ryan Gainer
Ryan Gainer
The Shore Real Estate Group
(517) 888-7303
19 Total Sales
1 in Niles
$115,000 Price
-
Lyle Hayden
Lyle Hayden
Keller Williams Realty Swm
(269) 769-1420
38 Total Sales
3 in Niles
$10K - $107K Price Range
-
Rich Carpenter
Rich Carpenter
Responds QuicklyBright Star Realty & Auction LLC
(269) 479-4211
101 Total Sales
1 in Niles
$56,000 Price
-
Charles Teunis
Charles Teunis
Bellabay Realty LLC
(616) 816-4549
177 Total Sales
6 in Niles
$119K - $291K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $129,000 | Chicago Title Of Michigan | ||
| -- | None Listed On Document | ||
| -- | None Listed On Document | ||
| $40,000 | -- | ||
| $40,000 | -- | ||
| $2,700 | -- | ||
| $40,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $122,550 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2025 04/30/25 | Sold | $129,000 | -7.9% | -- |
| 03/20/2025 03/20/25 | Pending | -- | -- | -- |
| 03/16/2025 03/16/25 | For Sale | $140,000 | -- | -- |
Source: MichRIC
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $2,669 | $104,200 | $0 | $0 |
| 2025 | $2,602 | $98,100 | $0 | $0 |
| 2024 | $1,363 | $91,000 | $0 | $0 |
| 2023 | $1,307 | $79,400 | $0 | $0 |
| 2022 | $1,245 | $73,800 | $0 | $0 |
| 2021 | $2,275 | $68,900 | $3,600 | $65,300 |
| 2020 | $2,248 | $53,400 | $0 | $0 |
| 2019 | $2,216 | $52,200 | $9,900 | $42,300 |
| 2018 | $2,136 | $52,200 | $0 | $0 |
| 2017 | $2,112 | $47,600 | $0 | $0 |
| 2016 | $2,076 | $44,500 | $0 | $0 |
| 2015 | $2,070 | $39,900 | $0 | $0 |
| 2014 | $1,081 | $39,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Karie Miller
Seller's Agent in 2025
Karie Miller
McKinnies Realty
(574) 532-4218
67 Total Sales
-
Jennifer Inman
Buyer's Agent in 2025
Jennifer Inman
Red Shoe Realty
(269) 635-2407
173 Total Sales
Map
Source: MichRIC
MLS Number: 25009887
APN: 11-73-3960-0046-00-2
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.
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