NOT LISTED FOR SALE

501 Platt St Niles, MI 49120

Estimated Value: $148,501 - $171,000

2 Beds
1 Bath
1,616 Sq Ft
$100/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $87,500 $54 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,050/month

8 Days on Market

Highlights

  • 1.18 Acre Lot
  • Wooded Lot
  • Corner Lot: Yes
  • Wood Burning Stove
  • Wood Flooring
  • 3-minute walk to Niles Fop

About This Home

As of March 2021

Rare opportunity to own acreage in Niles City Limits. Possibilities galore. Maybe split property and build your dream home on ravine. Renovate 1800s cabin back to it original states. part of home was blacksmith shop 1800s. Newer vinyl windows. 2019 new roof. 2020 new Gas Forced Air Furnace. Bathroom and kitchen upgrades. 2 Car Garage with upgraded electrical for welding/workshop. Land Contract Option Available with 20% down. Note: Seller is Equitable Owner and Listing Agent is the Managing Member of Sellers LLC.

Last Agent to Sell the Property

Michael Lirones

Gold Realty License #6504302579 Listed on: 02/03/2021

Last Buyer's Agent

Jennifer Inman

Red Shoe Realty License #6506045699

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,376

Year Built

  • Built in 1800

Lot Details

  • 1.18 Acre Lot
  • Lot Dimensions are 196 x 262
  • Shrub
  • Corner Lot: Yes
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Cabin
  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,616 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Replacement Windows
  • Low Emissivity Windows
  • Window Treatments
  • Garden Windows
  • Family Room with Fireplace
  • Basement
  • Michigan Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Range

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Storage Shed

Utilities

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

Community Details

  • Property is near a preserve or public land
  • Property is near a ravine

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,376

Year Built

Built in 1800

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cabin
  • Stories: 2
  • Year Built: 1800
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 55.63
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 196 x 262
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1616.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Waterfront Options:Water Access YN: No
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: 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
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Ravine: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Broadband: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Low Emissivity Windows: Yes
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Driveway:Gravel: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Water Heater:Natural Gas4: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Substructure:Michigan Basement: Yes
  • Additional Items:GasWood Stove: Yes
  • Lot Description:Adj to Public Land: Yes
  • General Property Info:SqFt Above Grade: 1616.0
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Flooring:Laminate Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Architectural Style Cabin: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Flooring: Ceramic Tile, Laminate, Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Gas/Wood Stove, Eat-in Kitchen
  • Fireplace Features: Family Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 1616.0
  • Window Features: Low-Emissivity Windows, Replacement, Garden Window(s), Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 300.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Fireplace:Family: Yes
  • Kitchen Features:Garden Window: Yes

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 89900.0
  • Lot Features: Corner Lot, Level, Wooded, Ravine, Adj to Public Land
  • Other Structures: Shed(s)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 1.18
  • Lot Size Area: 1.18
  • Lot Dimensions: 196 x 262
  • Lot Size Sq Ft: 51357.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Apr 13, 2021
Sold by
Whittaker Jeffrey L and Estate Of Sherry L Whittaker
Bought by
Paterson Steven
Seller's Agent
Michael Lirones
Gold Realty
Buyer's Agent
Jennifer Inman
Red Shoe Realty
List Price
$99,000
Sold Price
$87,500
Premium/Discount to List
-$11,500
-11.62%
Current Estimated Value
$162,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,875
Avg. Annual Appreciation
14.16%
Original Mortgage
$70,000
Outstanding Balance
$63,100
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$99,275

Purchase Details

Closed on
Jan 3, 1992

Purchase Details

Closed on
Sep 4, 1982
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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
Paterson Steven $87,500 None Available
-- $20,000 --
-- $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paterson Steven $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2021 03/26/21 Sold $87,500 -11.6% $54 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $99,000 -- $61 / Sq Ft
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 $2,376 $78,900 $0 $0
2024 $1,885 $72,900 $0 $0
2023 $1,807 $60,300 $0 $0
2022 $1,765 $58,900 $0 $0
2021 $20 $55,100 $0 $0
2020 $20 $0 $0 $0
2019 $20 $33,700 $5,800 $27,900
2018 $730 $33,700 $0 $0
2017 $20 $0 $0 $0
2016 $20 $0 $0 $0
2015 $858 $31,000 $0 $0
2014 $666 $32,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Lirones

    Seller's Agent in 2021

    Michael Lirones

    Gold Realty

    (269) 332-8580

    5 in this area

    75 Total Sales

    Michael Lirones
    Section Image
  • Jennifer Inman

    Buyer's Agent in 2021

    Jennifer Inman

    Red Shoe Realty

    (269) 635-2407

    82 in this area

    189 Total Sales

    Jennifer Inman
    Section Image

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Map

Source: MichRIC

MLS Number: 21003326

MichRIC

APN: 11-74-5440-0017-00-1

Michigan Berrien County Niles 49120

501 Platt St, Niles, MI

Not Listed for Sale

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MichRIC Information is deemed reliable but not guaranteed.
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