NOT LISTED FOR SALE

520 Cedar St Niles, MI 49120

Estimated Value: $157,243 - $213,000

5 Beds
2 Baths
1,866 Sq Ft
$99/Sq Ft Est. Value

Sale Details

Date Sold: March 30, 2023

Last sale price $72,000 $39 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $1,263 / mo

35 Days on Market

Highlights

  • Colonial Architecture
  • Laundry Room
  • Family Room
  • Den
  • Forced Air Heating and Cooling System
  • High Speed Internet

About This Home

As of March 2023

Investors Welcome! HUD Home in the City of Niles, within walking distance to downtown area. Avail 2 8 23 Bids due by 11:59 PM CST daily until sold. AS IS'' HUD property sold by electronic bid only. FHA Case #263-476085 203k eligible. Buyer to verify all information. HUD does NOT pay for title insurance. KMM makes no warranty as to the existence of mold in this property, and is not liable for the potentially harmful effects thereof and makes no warranty as to the condition of the property. See attached MLS addendum regarding'' Buyer Select'' program & seller paid closing costs. See attached LBP & Disclosure for HUD Homes. LBP. Disclosure: Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk.

Last Agent to Sell the Property

Beth Van

Bon Realty License #6502103167 Listed on: 01/10/2023

Last Buyer's Agent

Elizabeth Van Leeuwen

RE/MAX Modern Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,007

Year Built

  • Built in 1940

Lot Details

  • 9,845 Sq Ft Lot
  • Lot Dimensions are 53x135x53x143
  • Level Lot

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,866 Sq Ft Home
  • 2-Story Property
  • Replacement Windows
  • Family Room
  • Dining Area
  • Den

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,007

Year Built

Built in 1940

Lot Details

9,845 Sq Ft Lot

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Colonial
  • Stories: 2
  • Year Built: 1940
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 38.59
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 53x135x53x143
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1866.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 1007.0
  • Waterfront Options:Water Access YN: No
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: Yes
  • Lot Description:Level: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: No
  • Appliances Microwave: Yes
  • Substructure:Crawl Space: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Roofing:Asphalt2: Yes
  • General Property Info:SqFt Above Grade: 1866.0
  • General Property Info Garage YN: No
  • Architectural Style:Colonial: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave
  • Interior Amenities: Broadband
  • Fireplace: No
  • Total Bedrooms: 5
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space, Partial
  • LivingArea: 1866.0
  • Window Features: Replacement
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 850.0
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 72000.0
  • Lot Features: Level, Sidewalk
  • Road Surface Type: Paved
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Storm Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Dimensions: 53x135x53x143
  • Lot Size Sq Ft: 9845.0

Tax Info

  • Tax Annual Amount: 1007.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
Apr 19, 2023
Sold by
Smith Chance
Bought by
Chansage Investments Llc
Seller's Agent
Beth Van
Bon Realty
Buyer's Agent
Beth Van
Bon Realty
List Price
$72,000
Sold Price
$72,000
Views
443
Current Estimated Value
$183,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,811
Avg. Annual Appreciation
35.97%

Purchase Details

Listed on
Jan 10, 2023
Closed on
Mar 27, 2023
Sold by
Secretary/Housing & Urban Dev
Bought by
Smith Chance W
Seller's Agent
Beth Van
Bon Realty
Buyer's Agent
Beth Van
Bon Realty
List Price
$72,000
Sold Price
$72,000
Views
443

Purchase Details

Closed on
Nov 3, 2022
Sold by
Firstkey Master Funding 2021-A Collatera
Bought by
Secretary Of Housing And Urban Development

Purchase Details

Closed on
Oct 6, 2022
Sold by
Towd Point Master Funding Trust
Bought by
Firstkey Master Funding 2021-A Collateral Tru

Purchase Details

Closed on
Jun 25, 2021
Sold by
Pacheco Mark A and Pacheco Mark A
Bought by
Towd Point Master Funding Trusts and Towd Point Master Funding Trust 2021 Pm1

Purchase Details

Closed on
Mar 5, 2010
Sold by
Lawrence Lora
Bought by
Pacheco Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,723
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 16, 2004
Sold by
Capron David A and Capron Julie L
Bought by
Lawrence Lora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 7, 2002

Purchase Details

Closed on
Apr 10, 2001

Purchase Details

Closed on
Mar 15, 2001

Purchase Details

Closed on
May 31, 1996

Purchase Details

Closed on
Nov 30, 1990

Purchase Details

Closed on
Aug 1, 1988

Purchase Details

Closed on
Oct 6, 1983

Purchase Details

Closed on
Jan 1, 1978
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Buyer Sale Price Title Company
Chansage Investments Llc -- None Listed On Document
Smith Chance W $72,000 Meridian Title
Smith Chance W $72,000 Meridian Title
Secretary Of Housing And Urban Development -- --
Firstkey Master Funding 2021-A Collateral Tru -- None Listed On Document
Towd Point Master Funding Trusts $62,821 None Available
Pacheco Mark $64,900 Cti
Lawrence Lora $75,000 --
-- $56,500 --
-- -- --
-- $50,800 --
-- $55,000 --
-- $47,000 --
-- $35,000 --
-- $39,000 --
-- $41,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pacheco Mark $63,723
Previous Owner Lawrence Lora $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2023 03/30/23 Sold $72,000 0.0% $39 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $72,000 -- $39 / Sq Ft
Source: MichRIC

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 $3,456 $69,000 $0 $0
2024 $1,825 $61,300 $0 $0
2023 $1,057 $46,900 $0 $0
2022 $1,007 $33,600 $0 $0
2021 $1,602 $31,200 $3,100 $28,100
2020 $1,638 $29,000 $0 $0
2019 $1,561 $26,700 $2,000 $24,700
2018 $1,540 $26,700 $0 $0
2017 $1,557 $32,100 $0 $0
2016 $1,285 $29,200 $0 $0
2015 $1,660 $28,500 $0 $0
2014 $791 $26,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 23000780

MichRIC

APN: 11-72-3080-0007-00-0

Your Personal Tour Guide

Ask me questions while you tour the home.