NOT LISTED FOR SALE

516 Broadway St Niles, MI 49120

Niles Area

Estimated Value: $128,000 - $245,867

5 Beds
2 Baths
-- Sq Ft
8,081 Sq Ft Lot

Sale Details

Date Sold: August 16, 2024

Last sale price $90,000

Est. 104% increase in value since last sale

Current estimated payment $1,386 / mo

55 Days on Market

About This Home

As of August 2024

Great opertunity to invest in a multi unit property. This property was set up as a three unit dwelling. The home could continue to be used as a multi-dwelling residence or could be converted back into a single family home.

Last Agent to Sell the Property

Ashley Winston

RE/MAX Perrett Associates License #6501379385 Listed on: 06/12/2024

RE/MAX Perrett Associates

Last Buyer's Agent

Becky Wicks

CK Home Group License #6501410234

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,082

Lot Details

  • 8,081 Sq Ft Lot
  • Lot Dimensions are 51x159

Parking

  • 3 Parking Spaces

Home Design

  • Vinyl Siding

Basement

  • Crawl Space

Utilities

  • No Heating
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,082

Lot Details

8,081 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 19
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 51x159
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Substructure:Crawl Space: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Tax Info:Seller_squote_s Annual Property Tax2: 2082.0
  • Util Avail at Street:High Speed Internet: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Basement: No

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 115000.0
  • Number of Buildings: 1
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Heating: None
  • Heating: No
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Dimensions: 51x159
  • Lot Size Sq Ft: 8081.0

Rental Info

  • Owner Pays: None
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2082.0
  • Tax Year: 2023

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

Closed on
Jun 15, 2026
Sold by
Bought by
Current Estimated Value
$183,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Outstanding Balance
$277,500
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
-$94,283

Purchase Details

Listed on
Jun 12, 2024
Closed on
Aug 19, 2024
Sold by
Bought by
Seller's Agent
Ashley Winston
RE/MAX Perrett Associates
Buyer's Agent
Becky Wicks
CK Home Group
List Price
$125,000
Sold Price
$90,000
Premium/Discount to List
-$35,000
-28%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.18%

Purchase Details

Closed on
Jan 12, 2024
Sold by
Bought by

Purchase Details

Closed on
Jan 5, 2024
Sold by
Bought by

Purchase Details

Closed on
Jul 18, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2015
Sold by
Bought by

Purchase Details

Closed on
Dec 29, 2014
Sold by
Bought by

Purchase Details

Closed on
Jun 12, 1989

Purchase Details

Closed on
Sep 25, 1981

Purchase Details

Closed on
May 23, 1977
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Niles, MI

  • Dennis Bamber Real Estate Agent - Cressy & Everett- Elkhart

    Dennis Bamber

    Cressy & Everett- Elkhart

    (574) 307-6776

    201 Total Sales

    2 in Niles

    $4K - $188K Price Range

    Dennis Bamber
     Section Image
  • Kimberly Webb Real Estate Agent - Realty Executives Instant Equity

    Kimberly Webb

    Responds Quickly

    Realty Executives Instant Equity

    (269) 468-0813

    77 Total Sales

    4 in Niles

    $160K - $415K Price Range

    Kimberly Webb
     Section Image
  • Kelly Toney Real Estate Agent - Cressy & Everett Real Estate

    Kelly Toney

    Cressy & Everett Real Estate

    (574) 622-8318

    140 Total Sales

    28 in Niles

    $14K - $275K Price Range

    Kelly Toney
     Section Image
  • Paul Thurston Real Estate Agent - MI Realty, A Michigan RE Co.

    Paul Thurston

    MI Realty, A Michigan RE Co.

    (574) 406-1175

    183 Total Sales

    9 in Niles

    $51K - $299K Price Range

    Paul Thurston
     Section Image
  • Nick Scalise Real Estate Agent - Listing Leaders

    Nick Scalise

    Responds Quickly

    Listing Leaders

    (219) 245-7059

    239 Total Sales

    1 in Niles

    $102,500 Price

    Nick Scalise
     Section Image
  • Maggie Thompson Real Estate Agent - Howard Hanna SB Real Estate

    Maggie Thompson

    Howard Hanna SB Real Estate

    (574) 406-1766

    95 Total Sales

    2 in Niles

    $128K - $280K Price Range

    Maggie Thompson
     Section Image
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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
-- Chicago Title Of Michigan
$80,000 Chicago Title Of Michigan
$25,282 None Listed On Document
$7,500 None Listed On Document
$30,000 First American Title
-- None Available
-- None Available
$25,300 --
$35,000 --
$26,500 --
$19,000 --
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 $277,500
Previous Owner $22,500
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
08/16/2024 08/16/24 Sold $90,000 -21.7% --
07/22/2024 07/22/24 Price Changed $115,000 -8.0% --
06/12/2024 06/12/24 For Sale $125,000 -- --
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 $4,574 $87,000 $0 $0
2025 $2,187 $81,200 $0 $0
2024 $1,118 $72,600 $0 $0
2023 $2,132 $50,600 $0 $0
2021 $1,694 $36,200 $2,400 $33,800
2020 $1,675 $33,900 $0 $0
2019 $1,753 $32,000 $1,600 $30,400
2018 $1,733 $32,000 $0 $0
2017 $1,865 $39,300 $0 $0
2016 $2,047 $37,000 $0 $0
2015 $2,041 $35,900 $0 $0
2014 $917 $33,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ashley Winston Real Estate Agent - RE/MAX Michigan

    Seller's Agent in 2024

    Ashley Winston

    RE/MAX Michigan

    (517) 677-2423

    173 Total Sales

    Ashley Winston
    Section Image
  • Becky Wicks Real Estate Agent - CK Home Group

    Buyer's Agent in 2024

    Becky Wicks

    CK Home Group

    (980) 521-8923

    131 Total Sales

    Becky Wicks
    Section Image
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Map

Source: MichRIC

MLS Number: 24029865

MichRIC

APN: 11-72-3940-0004-00-9

Michigan Berrien County Niles 49120

516 Broadway St, Niles, MI

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.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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