NOT LISTED FOR SALE

556 Cherry St Niles, MI 49120

Estimated Value: $134,000 - $189,000

3 Beds
2 Baths
1,800 Sq Ft
$91/Sq Ft Est. Value

Last Sold April 30, 2014

Last sale price $26,500 $15 Per Sq Ft

Est. 519% increase in value since last sale

Current estimated payment $998/month

94 Days on Market

Highlights

  • Deck
  • Sun or Florida Room
  • Forced Air Heating System
  • Traditional Architecture

About This Home

As of April 2014

Must See this Very Nice 3-4 Bedroom home in Niles! Exterior has recently been updated. Come see the Large enclosed Front Porch on the front of the house. There is also a Large Deck located just outside of the Beautiful Sunroom, fenced back yard. Large walk-in closet with many built-ins could be used as a nursery, 4th bedroom or for office space. This is a Fannie Mae HomePath property. Up to 3.5% closing cost assistance for owner occupied buyers only. Selling agent must request at the time of offer.

Last Agent to Sell the Property

Robin Sharpe

Cressy & Everett Real Estate License #6501246642 Listed on: 12/10/2013

Cressy & Everett Real Estate

Last Buyer's Agent

Jessica Liles

@properties Christie's International R.E. License #6501358932

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100 x 100
  • Decorative Fence

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Sun or Florida Room
  • Screened Porch
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

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 1960

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1960
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 16.61
  • General Property Info:Lot Dimensions: 100 x 100
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1800.0
  • Tax Info:Annual Property Tax: 941.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Landscape:Decor Fence: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1800.0
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1800.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1000.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Scrn Porch
  • List Price: 29900.0
  • Patio and Porch Features: 3 Season Room, Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Features:Scrn Porch: Yes
  • Exterior Features 3 Season Room: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

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

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Dimensions: 100 x 100
  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 941.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2013
Closed on
Apr 29, 2014
Sold by
Fannie Mae
Bought by
Davis Timothy J
Seller's Agent
Robin Sharpe
Cressy & Everett Real Estate
Buyer's Agent
Jessica Liles
@properties Christie's International R.E.
List Price
$49,950
Sold Price
$26,500
Premium/Discount to List
-$23,450
-46.95%
Current Estimated Value
$164,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,512
Avg. Annual Appreciation
16.87%

Purchase Details

Closed on
Sep 30, 2013
Sold by
Green Tree Servicing Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 8, 2013
Sold by
Smith Patrick M and Smith Beverly J
Bought by
Green Tree Servicing Llc

Purchase Details

Closed on
Jul 5, 1977
Source: Public Records
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
Davis Timothy J $26,500 None Available
Federal National Mortgage Association -- None Available
Green Tree Servicing Llc $103,734 None Available
-- $13,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2014 04/30/14 Sold $26,500 -46.9% $15 / Sq Ft
03/14/2014 03/14/14 Pending -- -- --
12/10/2013 12/10/13 For Sale $49,950 -- $28 / Sq Ft
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 $1,689 $76,900 $0 $0
2024 $1,331 $71,300 $0 $0
2023 $1,276 $62,100 $0 $0
2022 $1,215 $57,700 $0 $0
2021 $1,488 $53,900 $2,800 $51,100
2020 $1,472 $42,600 $0 $0
2019 $1,454 $45,300 $7,500 $37,800
2018 $1,405 $45,300 $0 $0
2017 $1,382 $42,300 $0 $0
2016 $1,353 $39,900 $0 $0
2015 $1,349 $35,900 $0 $0
2014 $839 $34,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 13068256

MichRIC

APN: 11-73-4860-0012-01-8