NOT LISTED FOR SALE

514 N 16th St Niles, MI 49120

Estimated Value: $120,000 - $147,000

2 Beds
1 Bath
713 Sq Ft
$181/Sq Ft Est. Value

Last Sold August 12, 2016

Last sale price $34,000 $48 Per Sq Ft

Est. 280% increase in value since last sale

Current estimated payment $804/month

111 Days on Market

Highlights

  • Recreation Room
  • Living Room
  • Forced Air Heating System
  • 1 Car Detached Garage
  • Bungalow
  • 4-minute walk to Eastside Park

About This Home

As of August 2016

2 bedroom home with a full basement and 1 car detached garage. All measurements and square footage are approximate and all information should be verified by buyer. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Harry Burleson

Coldwell Banker Anchor R.E. License #6506045207 Listed on: 04/12/2016

Coldwell Banker Anchor R.E.

Co-Listed By

Vicki McWilliams

Coldwell Banker Anchor R.E.

Last Buyer's Agent

Courtney Spencer

Howard Hanna Real Estate License #6506047138

Howard Hanna Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 50x132

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Wood Siding

Interior Spaces

  • 713 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1940
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 713.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 904.04
  • Waterfront Options:Water Access YN: No
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 713.0
  • General Property Info Garage YN: Yes
  • Architectural Style Bungalow: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 713.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 713.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 36750.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 50x132
  • Lot Size Sq Ft: 6600.0

Tax Info

  • Tax Annual Amount: 904.04
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2016
Closed on
Aug 15, 2016
Sold by
Fannie Mae and Federal National Mortgage Association
Bought by
Sallak Sonya
Seller's Agent
Harry Burleson
Coldwell Banker Anchor R.E.
Buyer's Agent
Courtney Spencer
Howard Hanna Real Estate
List Price
$48,000
Sold Price
$34,000
Premium/Discount to List
-$14,000
-29.17%
Current Estimated Value
$129,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,253
Avg. Annual Appreciation
15.65%
Interest Rate
3.45%

Purchase Details

Closed on
Mar 24, 2016
Sold by
1St Source Bank
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 4, 2016
Sold by
Skinner Ryan L and Skinner Sarah Nicole
Bought by
1St Source Bank

Purchase Details

Closed on
Feb 28, 2006
Sold by
Radabaugh Timothy L and Heald Larry
Bought by
Skinner Ryan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,900
Interest Rate
6.38%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 19, 2005
Sold by
Lasalle Bank Na
Bought by
Radabaugh Timothy L and Heald Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
5.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 5, 2005
Sold by
Brown Douglas B and Brown Barb L
Bought by
Lasalle Bank Na and Holders Of Bear Stearns Asset Backed Sec

Purchase Details

Closed on
Dec 27, 1996

Purchase Details

Closed on
Apr 28, 1995

Purchase Details

Closed on
Feb 3, 1984

Purchase Details

Closed on
Feb 27, 1976
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sallak Sonya $34,000 --
Federal National Mortgage Association -- Attorney
1St Source Bank $43,500 Attorney
Skinner Ryan L $74,900 Cti
Radabaugh Timothy L $35,550 Meridian Title Corp
Lasalle Bank Na -- --
-- $33,700 --
-- $33,700 --
-- $24,500 --
-- $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sallak Sonya --
Previous Owner Skinner Ryan L $74,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2016 08/12/16 Sold $34,000 -29.2% $48 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $48,000 -- $67 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $1,466 $45,600 $0 $0
2024 $771 $40,400 $0 $0
2023 $739 $34,000 $0 $0
2022 $704 $26,600 $0 $0
2021 $1,283 $24,700 $2,300 $22,400
2020 $1,268 $23,000 $0 $0
2019 $1,250 $22,500 $1,600 $20,900
2018 $1,397 $22,500 $0 $0
2017 $1,546 $27,400 $0 $0
2016 $907 $25,700 $0 $0
2015 $904 $25,000 $0 $0
2014 $702 $23,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16015814

Southwestern Michigan Association of REALTORS®

APN: 11-72-6080-0029-00-0