NOT LISTED FOR SALE

57 S 3rd St Niles, MI 49120

Estimated Value: $83,000 - $147,206

-- Bed
-- Bath
-- Sq Ft
3,909 Sq Ft Lot

Last Sold December 18, 2023

Last sale price $90,000

Est. 21% increase in value since last sale

Current estimated payment $811/month

57 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • 1-minute walk to Orchard Park
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of December 2023

This is a three-unit property in Niles, MI with a prime location, attractive rental history, this investment property is primed for success. Whether you're a seasoned investor or just entering the world of real estate investment, this property in Niles is a gem waiting to be discovered. With a strong rental history, this property presents a reliable income stream for investors. The upstairs apartment in freshly painted, new bathroom fixtures and new appliances. The new owner could live upstairs and rent the bottom two units. The demand for rental properties in this area remains consistent, providing stability and potential for growth.

Last Agent to Sell the Property

Catherine Waggoner

CK Home Group License #6502432278 Listed on: 09/08/2023

Last Buyer's Agent

Kelly Schaffer

American Dream Team RE Brokers License #6501427471

American Dream Team RE Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,697

Year Built

  • Built in 1900

Lot Details

  • 3,909 Sq Ft Lot
  • Lot Dimensions are 33x118

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for trash collection, electricity, water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,697

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 98000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 33x118
  • Lot Size Sq Ft: 3909.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1697.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Dec 19, 2023
Sold by
Ur Home Llc
Bought by
Slaski Lila
Seller's Agent
Catherine Waggoner
CK Home Group
Buyer's Agent
Kelly Schaffer
American Dream Team RE Brokers
List Price
$98,000
Sold Price
$90,000
Premium/Discount to List
-$8,000
-8.16%
Total Days on Market
57
Views
150
Current Estimated Value
$108,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,552
Avg. Annual Appreciation
13.31%

Purchase Details

Closed on
Aug 19, 2020
Sold by
Young Theresa H
Bought by
Urhome Llc

Purchase Details

Closed on
Aug 13, 2020
Sold by
Young Theresa H
Bought by
Urhome Llc

Purchase Details

Closed on
Jun 16, 2010
Sold by
Brettmen Theresa H
Bought by
Young Theresa H

Purchase Details

Closed on
Oct 27, 1995

Purchase Details

Closed on
Aug 1, 1988

Purchase Details

Closed on
Jul 21, 1982

Purchase Details

Closed on
Mar 27, 1981
Source: Public Records

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 Buyer Sale Price Title Company
Slaski Lila $90,000 Near North Title Group
Urhome Llc $30,000 First American Title
Urhome Llc $30,000 First American Title
Young Theresa H -- None Available
-- $35,000 --
-- $12,000 --
-- -- --
-- $17,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Sold $90,000 -8.2% --
11/04/2023 11/04/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $98,000 -- --
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 $2,819 $52,800 $0 $0
2024 $1,459 $49,000 $0 $0
2023 $910 $32,800 $0 $0
2022 $867 $30,100 $0 $0
2021 $1,616 $28,000 $2,100 $25,900
2020 $1,060 $21,600 $0 $0
2019 $1,045 $25,800 $5,600 $20,200
2018 $1,009 $25,800 $0 $0
2017 $998 $22,900 $0 $0
2016 $982 $22,100 $0 $0
2015 $979 $20,000 $0 $0
2014 $489 $20,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23133326

Southwestern Michigan Association of REALTORS®

APN: 11-73-2700-0040-01-1