Seller's Agent in 2016
Beth Van
Bon Realty
(269) 684-4445
60 in this area
131 Total Sales
Estimated Value: $139,000 - $190,000
Studio
--
Bath
--
Sq Ft
8,276
Sq Ft
Highlights
- Window Unit Cooling System
- Level Lot
- Heating System Uses Natural Gas
- High Speed Internet
About This Home
As of May 2016If you looking for an investment property with a verified rental history, this one could be for you. This 3 unit apartment building has been a registered property with the City of Niles since 2005. Nicely updated over the past few years including each units interior, plus mechanicals. Within walking distance to downtown shopping, parks and restaurants, making this property attractive to perspective tenants. The current owners have taken great pride in making sure the property has been satisfactory with current tenants and the City of Niles. This is an amazing opportunity for the seasoned investor or anyone looking to start out in rentals. Property is occupied by tenants, appointment is required.
Last Buyer's Agent
Ginny Jerzykowski
RE/MAX Modern Realty, Inc. License #6501363526
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,798
Year Built
- Built in 1930
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 65x132
- Level Lot
Parking
- 3 Parking Spaces
Home Design
- Composition Roof
- Rubber Roof
- Vinyl Siding
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Radiant Heating System
- Window Unit Heating System
- High Speed Internet
- Internet Available
- Phone Connected
- Cable TV Available
Additional Features
- Michigan Basement
- Mineral Rights Excluded
Community Details
- 3 Units
Listing and Financial Details
- Tenant pays for water, sewer, gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 18, 2019
Sold by
The M Group Llc
Bought by
724 Oak Street Niles Trust
Current Estimated Value
Purchase Details
Closed on
Dec 3, 2019
Sold by
Cold Spring Properties Llc
Bought by
The M Group Llc
Purchase Details
Listed on
Feb 18, 2016
Closed on
May 27, 2016
Sold by
Cs River Bend Properties Llc
Bought by
Cold Spring Properties Llc
Seller's Agent
Beth Van
Bon Realty
Buyer's Agent
Ginny Jerzykowski
RE/MAX Modern Realty, Inc.
List Price
$89,900
Sold Price
$78,600
Premium/Discount to List
-$11,300
-12.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$62,880
Interest Rate
3.57%
Mortgage Type
Unknown
Purchase Details
Listed on
Mar 15, 2012
Closed on
Jun 29, 2012
Sold by
Versatile Management Llc
Bought by
Cs River Bend Properties Llc
Seller's Agent
Belinda Gravit
Cressy & Everett Real Estate
Buyer's Agent
Chris Bodnar
Jung Agency, The
List Price
$71,995
Sold Price
$57,200
Premium/Discount to List
-$14,795
-20.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%
Purchase Details
Closed on
Mar 4, 2005
Sold by
Wilkwire Bruce M and Wilkwire Vicki L
Bought by
Versatile Management Llc
Purchase Details
Closed on
Nov 23, 2004
Sold by
Long Nancy S
Bought by
Wickwire Bruce M and Wickwire Vicki L
Purchase Details
Closed on
Aug 14, 1998
Purchase Details
Closed on
Mar 6, 1997
Purchase Details
Closed on
May 28, 1987
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 724 Oak Street Niles Trust | -- | None Available | |
| The M Group Llc | -- | None Available | |
| Cold Spring Properties Llc | $78,600 | Attorney | |
| Cs River Bend Properties Llc | -- | Meridian Title Corp | |
| Versatile Management Llc | -- | -- | |
| Wickwire Bruce M | $76,000 | -- | |
| -- | $63,500 | -- | |
| -- | $63,500 | -- | |
| -- | $30,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cold Spring Properties Llc | $62,880 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/27/2016 05/27/16 | Sold | $78,600 | -12.6% | -- | |
| 04/04/2016 04/04/16 | Pending | -- | -- | -- | |
| 02/18/2016 02/18/16 | For Sale | $89,900 | +57.2% | -- | |
| 07/03/2012 07/03/12 | Sold | $57,200 | -20.6% | -- | View Prior Sale |
| 06/23/2012 06/23/12 | Pending | -- | -- | -- | |
| 03/15/2012 03/15/12 | For Sale | $71,995 | -- | -- |
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 | $2,447 | $99,700 | $0 | $0 |
| 2024 | $1,258 | $82,800 | $0 | $0 |
| 2023 | $1,206 | $57,000 | $0 | $0 |
| 2022 | $1,148 | $53,500 | $0 | $0 |
| 2021 | $2,122 | $49,800 | $5,100 | $44,700 |
| 2020 | $2,097 | $37,500 | $0 | $0 |
| 2019 | $2,068 | $46,100 | $13,900 | $32,200 |
| 2018 | $2,166 | $46,100 | $0 | $0 |
| 2017 | $2,142 | $37,400 | $0 | $0 |
| 2016 | $1,837 | $35,100 | $0 | $0 |
| 2015 | $1,832 | $32,700 | $0 | $0 |
| 2014 | $943 | $32,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Beth Van
-
G
Buyer's Agent in 2016
Ginny Jerzykowski
RE/MAX Michigan
-
B
Seller's Agent in 2012
Belinda Gravit
Cressy & Everett Real Estate
-
D
Seller Co-Listing Agent in 2012
Doug Anderson
Anderson Realty, LLC
-
Chris Bodnar
C
Buyer's Agent in 2012
Chris Bodnar
Jung Agency, The
(269) 429-6800
52 Total Sales
Map
Source: MichRIC
MLS Number: 16006549
APN: 11-73-2730-0004-04-1
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed reliable but not guaranteed.
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