$6,000
SOLD OCT 18, 2016

524 S 5th St Niles, MI 49120

3 Beds
1 Bath
1,624 Sq Ft
2,613 Sq Ft Lot

Recently Sold

$4 Per Sq Ft

29% Below List Price

22 Days on Market

Highlights

  • Cape Cod Architecture
  • Cooling System Mounted In Outer Wall Opening
  • Level Lot
  • Porch
  • Forced Air Heating System
  • Back Yard Fenced

About This Home

As of June 2024

Property sold in its “AS-IS, WHERE-IS” condition. Seller does not prorate taxes. Buyer pays all closing costs including, but not limited to
any and all transfer taxes, title, legal, and recording fees. 3 Bedroom, 1 Bath located in Niles, MI. Will need foundation repair. Mold remediation is also needed.
This home is perfect for an investor looking to flip or rent out home. Home will need new windows, flooring and fresh paint throughout. Other repairs and updates
may be necessary before move in ready.

Last Agent to Sell the Property

Ryan Gehris

USREALTY.COM LLP Listed on: 09/01/2016

Last Buyer's Agent

Ryan Gehris

USREALTY.COM LLP Listed on: 09/01/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 2,613 Sq Ft Lot
  • Lot Dimensions are 93x93
  • Level Lot
  • Back Yard Fenced

Home Design

  • Cape Cod Architecture
  • Composition Roof

Interior Spaces

  • 1,624 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Natural Gas Water Heater

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

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Architectural Style Cape Cod: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1624.0

Exterior Features

  • Construction Materials: Other
  • Fencing: Fenced Back
  • List Price: 8500.0
  • Lot Features: Level
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 93x93
  • Lot Size Sq Ft: 2613.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 605.99
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Jun 13, 2024
Sold by
Lm Evolving Llc
Bought by
Hernandez-Vazquez Fortino
Seller's Agent
Rich Carpenter
Bright Star Realty & Auction LLC
Buyer's Agent
Maria Panama
Coldwell Banker Anchor R.E.
List Price
$62,500
Sold Price
$56,000
Premium/Discount to List
-$6,500
-10.4%
Total Days on Market
22
Views
28
Current Estimated Value
$101,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,363
Avg. Annual Appreciation
82.09%

Purchase Details

Listed on
May 24, 2024
Closed on
May 21, 2024
Sold by
Ross Gladger
Bought by
Lm Evolving Llc
Seller's Agent
Rich Carpenter
Bright Star Realty & Auction LLC
Buyer's Agent
Maria Panama
Coldwell Banker Anchor R.E.
List Price
$62,500
Sold Price
$56,000
Premium/Discount to List
-$6,500
-10.4%
Views
28

Purchase Details

Closed on
Jun 13, 2023
Sold by
Ross Gladger
Bought by
Berrien County Treasurer

Purchase Details

Listed on
Sep 1, 2016
Closed on
Oct 11, 2016
Sold by
Castle 2016 Llc
Bought by
Ross Gladger
Seller's Agent
Ryan Gehris
USREALTY.COM LLP
Buyer's Agent
Ryan Gehris
USREALTY.COM LLP
List Price
$8,500
Sold Price
$6,000
Premium/Discount to List
-$2,500
-29.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.71%

Purchase Details

Closed on
Mar 29, 2016
Sold by
Hsbc Bank Usa Na
Bought by
Castle 2016 Llc

Purchase Details

Closed on
Jan 22, 2015
Sold by
Henderson Bessie
Bought by
Hsbc Bank Usa Na and Ace Securities Corp Home Equity Loan Tru

Purchase Details

Closed on
Sep 20, 1979
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 Type Sale Price Title Company
Warranty Deed $56,000 None Listed On Document
Warranty Deed $27,164 None Listed On Document
Foreclosure Deed -- --
Special Warranty Deed $6,000 Attorney
Quit Claim Deed $8,100 Premium Title Services Inc
Sheriffs Deed $81,035 None Available
Deed $4,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $72,000 Unknown
Previous Owner $63,250 Unknown
Previous Owner $57,200 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Sold $56,000 -10.4% $34 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $62,500 +941.7% $38 / Sq Ft
10/18/2016 10/18/16 Sold $6,000 -29.4% $4 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $8,500 -- $5 / 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 $1,184 $54,100 $0 $0
2024 $923 $50,000 $0 $0
2023 $885 $43,400 $0 $0
2022 $843 $40,400 $0 $0
2021 $1,038 $37,700 $2,800 $34,900
2020 $1,027 $29,000 $0 $0
2019 $1,014 $29,600 $7,500 $22,100
2018 $981 $29,600 $0 $0
2017 $965 $25,200 $0 $0
2016 $568 $23,800 $0 $0
2015 $606 $21,400 $0 $0
2014 $434 $21,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16045551

Southwestern Michigan Association of REALTORS®

APN: 11-73-0950-0043-00-0