NOT LISTED FOR SALE

544 Cedar St Niles, MI 49120

Estimated Value: $124,000 - $156,000

1 Bed
1 Bath
720 Sq Ft
4,356 Sq Ft Lot

Last Sold August 30, 2018

Last sale price $58,000 $81 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $890/month

Highlights

  • Farmhouse Style Home
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System

About This Home

As of November 2020

Located across the street from the Niles Community Library and within a short walk to the downtown area. Heat/Water/Sewer and Trash services included in monthly rent. Off Street parking. Nice back yard to enjoy.

Last Agent to Rent the Property

Beth Van

Bon Realty License #6502103167 Listed on: 10/12/2020

Last Renter's Agent

Elizabeth Van Leeuwen

RE/MAX Modern Realty, Inc.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,791

Lot Details

  • 4,356

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 720 Sq Ft Home
  • 2-Story Property
  • Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for cable/satellite, electricitiy, internet access, wifi
  • The owner pays for heat, sewer, snow removal, taxes, water

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,791

Lot Details

0

Rental Info

  • Owner Pays: Heat, Sewer, Snow Removal, Taxes, Water
  • Tenant Pays: Cable/Satellite, Electricitiy, Internet Access, WIFI

Listing Details

  • Property Sub-Type: Apartment
  • Property Type: Residential Lease
  • ArchitecturalStyle: Farm House
  • Stories: 2
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 720.0

Exterior Features

  • List Price: 600.0

Garage/Parking

  • Attached Garage: No
  • Garage: No

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2017
Closed on
Sep 11, 2018
Sold by
Scott Neumann R and Scott Erica W
Bought by
Taylor Reynolds
Seller's Agent
Scott Neumann
Sunrise Real Estate, Inc.
Buyer's Agent
Beth Van
Bon Realty
List Price
$72,900
Sold Price
$58,000
Premium/Discount to List
-$14,900
-20.44%
Current Estimated Value
$140,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,333
Avg. Annual Appreciation
10.61%
Original Mortgage
$46,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 20, 2017
Closed on
Aug 30, 2018
Sold by
Neumann R Scott R and Neumann Erice W
Bought by
Reynolds Taylor
Seller's Agent
Scott Neumann
Sunrise Real Estate, Inc.
Buyer's Agent
Beth Van
Bon Realty
List Price
$72,900
Sold Price
$58,000
Premium/Discount to List
-$14,900
-20.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2003
Sold by
Colvin Ronald D and Colvin Michele F
Bought by
Neumann R Scott and Neumann Erica W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.3%

Purchase Details

Closed on
Jan 17, 2001

Purchase Details

Closed on
Dec 17, 1998

Purchase Details

Closed on
Mar 23, 1998

Purchase Details

Closed on
Mar 16, 1998

Purchase Details

Closed on
Jun 28, 1990
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 Buyer Sale Price Title Company
Taylor Reynolds $58,000 Chicago Title
Reynolds Taylor $58,000 Chicago Title Of Michigan In
Neumann R Scott $60,000 --
-- $11,000 --
-- $58,500 --
-- -- --
-- $60,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Taylor W $348,000
Closed Taylor Reynolds $46,400
Closed Reynolds Taylor $46,400
Previous Owner Neumann R Scott $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2020 11/01/20 Rented -- -- --
11/01/2020 11/01/20 Under Contract -- -- --
10/12/2020 10/12/20 For Rent $600 0.0% --
08/30/2018 08/30/18 Sold $58,000 -20.4% --
07/16/2018 07/16/18 Pending -- -- --
12/20/2017 12/20/17 For Sale $72,900 -- --
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 $1,791 $58,500 $0 $0
2024 $925 $51,800 $0 $0
2023 $887 $41,000 $0 $0
2022 $845 $32,200 $0 $0
2021 $1,060 $29,800 $3,100 $26,700
2020 $1,049 $27,700 $0 $0
2019 $1,037 $27,100 $2,000 $25,100
2018 $1,618 $27,100 $0 $0
2017 $1,700 $33,000 $0 $0
2016 $1,671 $30,500 $0 $0
2015 $1,666 $30,300 $0 $0
2014 $866 $29,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20042850

Southwestern Michigan Association of REALTORS®

APN: 11-72-3080-0006-00-3