$150,000
SOLD APR 25, 2025

516 Cedar St Niles, MI 49120

-- Bed
-- Bath
-- Sq Ft
6,864 Sq Ft Lot

Recently Sold

2 Days on Market

Highlights

  • Hot Water Heating System
  • High Speed Internet
  • Level Lot

About This Home

As of April 2025

This older house has loads of charm and an ideal location close to town and across from the library. Easily converted back into a single family home with space unlimited. Apartments have been occupied, but are vacant to sell.

Last Agent to Sell the Property

Paul Crouch

Cressy & Everett Real Estate License #6506037764 Listed on: 04/08/2025

Cressy & Everett Real Estate

Last Buyer's Agent

Becky Wicks

CK Home Group License #6501410234

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,321

Year Built

  • Built in 1920

Lot Details

  • 6,864 Sq Ft Lot
  • Lot Dimensions are 66'x104'
  • Level Lot

Home Design

  • Composition Roof
  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 6 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Location

  • Mineral Rights Excluded

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • High Speed Internet

Community Details

  • 2 Units
  • Wm. Justice's Add. Subdivision

Listing and Financial Details

  • Tenant pays for electric, water, trash, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,321

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1920
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 65.17
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66'X104'
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: Res.
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Driveway:Unpaved: Yes
  • Heat Type:Hot Water: Yes
  • Location Property Info:Subdivision2: Wm. Justice's Add.
  • Mineral Rights:No: Yes
  • Laundry Features In Basement: Yes
  • Utilities Attached Electricity Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 149900.0
  • Lot Features: Level, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Hot Water
  • Heating: Yes
  • Laundry Features: In Basement
  • Utilities: Electricity Connected

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Dimensions: 66'X104'
  • Lot Size Sq Ft: 6864.0
  • Zoning Description: Res.

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1321.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2025
Closed on
Apr 25, 2025
Sold by
Zimmer Arthur L and Zimmer Karen B
Bought by
Sergio Matthew
Seller's Agent
Paul Crouch
Cressy & Everett Real Estate
Buyer's Agent
Becky Wicks
CK Home Group
List Price
$149,900
Sold Price
$150,000
Premium/Discount to List
$100
0.07%
Views
7
Current Estimated Value
$139,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,339
Avg. Annual Appreciation
-9.70%

Purchase Details

Closed on
Oct 13, 1998

Purchase Details

Closed on
Jan 1, 1997

Purchase Details

Closed on
Oct 30, 1995

Purchase Details

Closed on
Nov 8, 1986

Purchase Details

Closed on
Oct 31, 1980

Purchase Details

Closed on
Nov 28, 1978
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $150,000 None Listed On Document
Warranty Deed $150,000 None Listed On Document
Deed $43,000 --
Deed $23,000 --
Deed $43,000 --
Deed $33,000 --
Deed $31,000 --
Deed $17,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2025 04/25/25 Sold $150,000 +0.1% --
04/10/2025 04/10/25 Pending -- -- --
04/08/2025 04/08/25 For Sale $149,900 -- --
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 $1,421 $54,100 $0 $0
2024 $725 $47,900 $0 $0
2023 $695 $33,400 $0 $0
2022 $662 $26,000 $0 $0
2021 $1,229 $24,000 $3,100 $20,900
2020 $1,215 $22,100 $0 $0
2019 $1,198 $21,100 $2,000 $19,100
2018 $1,211 $21,100 $0 $0
2017 $1,207 $25,100 $0 $0
2016 $1,187 $22,800 $0 $0
2015 $1,183 $22,600 $0 $0
2014 $609 $21,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 25014048

MichRIC

APN: 11-72-3080-0008-00-6