NOT LISTED FOR SALE

742 Broadway St Niles, MI 49120

Estimated Value: $213,000 - $263,860

20 Beds
2 Baths
-- Sq Ft
0.27 Acres

Last Sold May 31, 2022

Last sale price $174,580

Est. 37% increase in value since last sale

Current estimated payment $1,690/month

33 Days on Market

About This Home

As of May 2022

Great investment opportunity! Property has 4 units with a great rental history. Plenty of parking

Last Agent to Sell the Property

Browning Chabot

Cressy & Everett Real Estate License #6501373342 Listed on: 04/15/2022

Last Buyer's Agent

Katie Hess

Cressy & Everett Real Estate License #6501318162

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,447

Year Built

  • Built in 1900

Lot Details

  • 0.27

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected

Additional Features

  • Michigan Basement
  • 0.27 Acre Lot

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,447

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

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 185000.0
  • Number of Buildings: 1
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Size Sq Ft: 11970.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 3447.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
May 31, 2022
Sold by
Urhome Llc
Bought by
Wallace Stephen Vincent
Seller's Agent
Browning Chabot
Cressy & Everett Real Estate
Buyer's Agent
Katie Hess
Cressy & Everett Real Estate
List Price
$185,000
Sold Price
$174,580
Premium/Discount to List
-$10,420
-5.63%
Current Estimated Value
$238,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,385
Avg. Annual Appreciation
8.76%

Purchase Details

Closed on
Oct 25, 2019
Sold by
Steven Pate
Bought by
Urhome Llc

Purchase Details

Closed on
Oct 24, 2019
Sold by
Pate Steven
Bought by
Urhome Llc

Purchase Details

Closed on
Dec 1, 2017
Sold by
Gina Wood Charles E
Bought by
Pate Steven

Purchase Details

Closed on
Dec 10, 2009
Sold by
Vanleeuwen Allan D and Vanleeuwen Elizabeth A
Bought by
Wood Charles and Wood Gina

Purchase Details

Closed on
Sep 17, 2009
Sold by
Vanleeuwen Elizabeth A and Vanleeuwen Allan D
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 3, 2004
Sold by
Pelkey Richard W and Pelkey Janet L
Bought by
Vanleeuwen Allan D and Vanleeuwen Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,600
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2000

Purchase Details

Closed on
May 16, 1989

Purchase Details

Closed on
Oct 18, 1985

Purchase Details

Closed on
Mar 1, 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 Buyer Sale Price Title Company
Wallace Stephen Vincent $332,500 First American Title
Urhome Llc $48,000 First American Title
Urhome Llc $48,000 First American Title
Pate Steven $50,000 None Available
Wood Charles -- None Available
Deutsche Bank National Trust Company $17,000 None Available
Vanleeuwen Allan D $78,000 Meridian Title Corp
-- $78,000 --
-- $37,000 --
-- $30,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vanleeuwen Allan D $132,000
Previous Owner Vanleeuwen Allan D $96,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $174,580 -5.6% --
05/18/2022 05/18/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $185,000 0.0% --
04/17/2022 04/17/22 Off Market $185,000 -- --
04/15/2022 04/15/22 For Sale $185,000 -- --
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 $5,134 $145,600 $0 $0
2024 $2,711 $110,900 $0 $0
2023 $2,599 $86,700 $0 $0
2022 $1,887 $67,900 $0 $0
2021 $3,447 $63,500 $3,300 $60,200
2020 $3,407 $60,100 $0 $0
2019 $1,680 $41,900 $2,200 $39,700
2018 $2,477 $41,900 $0 $0
2017 $2,579 $51,400 $0 $0
2016 $2,682 $47,800 $0 $0
2015 $2,527 $46,800 $0 $0
2014 $1,314 $44,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22012806

Southwestern Michigan Association of REALTORS®

APN: 11-72-3940-0020-00-4