$23,000
SOLD OCT 13, 2014

518 N 15th St Niles, MI 49120

3 Beds
1.5 Baths
1,170 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$20 Per Sq Ft

8% Below List Price

Highlights

  • 1 Fireplace
  • Garage
  • 1-Story Property
  • Forced Air Heating System
  • Wood Siding

About This Home

As of August 2015

Great investment; 3 bedroom, 1.5 bath, double fireplace, great layout with partial basement and carport. Large lot near all city amenities.

Last Agent to Sell the Property

Lynn Ferris

RE/MAX Modern Realty, Inc. License #6501305797 Listed on: 09/26/2014

Last Buyer's Agent

Lynn Ferris

RE/MAX Modern Realty, Inc. License #6501305797 Listed on: 09/26/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 86 x 120

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • Garage
  • Carport

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 1993

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1993
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 86 x 120
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1170.0
  • Tax Info:Annual Property Tax: 1991.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1169.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • LivingArea: 1170.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Finished SQFT: 1.0
  • Below Grade Sq Ft: 1.0

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • List Price: 24900.0
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: Yes
  • Garage: Yes
  • Parking Features: Carport
  • Parking Features Carport14: Yes

Utilities

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

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Dimensions: 86 x 120
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1991.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2015
Closed on
Aug 21, 2015
Sold by
Fritz Kirt and Fritz Sherry
Bought by
Jaeger Kimberly E
Seller's Agent
Richard Shepardson
RE/MAX Modern Realty, Inc.
Buyer's Agent
Kenneth Daniel, JR.
Home Zone Realty
List Price
$78,900
Sold Price
$82,400
Premium/Discount to List
$3,500
4.44%
Current Estimated Value
$183,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,194
Avg. Annual Appreciation
8.28%
Original Mortgage
$80,398
Outstanding Balance
$64,375
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$117,649

Purchase Details

Listed on
Sep 26, 2014
Closed on
Oct 9, 2014
Sold by
Rrm Holdings Llc
Bought by
Fritz Kirt
Seller's Agent
Lynn Ferris
RE/MAX Modern Realty, Inc.
Buyer's Agent
Lynn Ferris
RE/MAX Modern Realty, Inc.
List Price
$24,900
Sold Price
$23,000
Premium/Discount to List
-$1,900
-7.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
348.74%

Purchase Details

Listed on
Sep 26, 2014
Closed on
Sep 19, 2014
Sold by
Pegasus Development Llc
Bought by
Rrm Holdings Llc
Seller's Agent
Lynn Ferris
RE/MAX Modern Realty, Inc.
Buyer's Agent
Lynn Ferris
RE/MAX Modern Realty, Inc.
List Price
$24,900
Sold Price
$23,000
Premium/Discount to List
-$1,900
-7.63%

Purchase Details

Listed on
Sep 26, 2014
Closed on
Aug 22, 2014
Sold by
The Bank Of New York Mellon
Bought by
Pegasus Development Llc
Seller's Agent
Lynn Ferris
RE/MAX Modern Realty, Inc.
Buyer's Agent
Lynn Ferris
RE/MAX Modern Realty, Inc.
List Price
$24,900
Sold Price
$23,000
Premium/Discount to List
-$1,900
-7.63%

Purchase Details

Closed on
Apr 18, 2013
Sold by
Sears Marie
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Feb 5, 1993
Source: Public Records

Similar Home in Niles, MI

  • 3165 S 3rd St, Niles, MI 49120

    $25,000

    • 3 Beds
    • 4 Baths
    • 1,296 Sq Ft
    • 3165 S 3rd St
    • Niles, MI

    Lots of work my make this a good family home for years to come. Currently in disrepair and full of items, this is a cash only listing.

    Paul Crouch Cressy & Everett Real Estate

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $82,400 Attorney
Warranty Deed $23,000 Cislo Title Company
Quit Claim Deed -- None Available
Quit Claim Deed $16,441 Premium Title
Sheriffs Deed $17,152 None Available
Deed $52,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $80,398 FHA
Previous Owner $30,000 Stand Alone Second
Previous Owner $20,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2015 08/21/15 Sold $82,400 +4.4% $70 / Sq Ft
08/17/2015 08/17/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $78,900 +243.0% $67 / Sq Ft
10/13/2014 10/13/14 Sold $23,000 -7.6% $20 / Sq Ft
09/26/2014 09/26/14 Pending -- -- --
09/26/2014 09/26/14 For Sale $24,900 +51.5% $21 / Sq Ft
07/25/2014 07/25/14 Sold $16,441 -53.0% $12 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
07/02/2014 07/02/14 For Sale $35,000 -- $26 / 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 $2,276 $98,500 $0 $0
2024 $1,805 $87,600 $0 $0
2023 $1,730 $79,500 $0 $0
2022 $1,648 $61,500 $0 $0
2021 $2,011 $57,400 $4,000 $53,400
2020 $1,989 $54,700 $0 $0
2019 $1,964 $50,300 $2,700 $47,600
2018 $1,868 $50,300 $0 $0
2017 $1,707 $48,300 $0 $0
2016 $1,671 $44,600 $0 $0
2015 $1,549 $41,300 $0 $0
2014 $1,155 $38,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14054840

Southwestern Michigan Association of REALTORS®

APN: 11-72-4810-0007-01-3