NOT LISTED FOR SALE

803 Regent St Niles, MI 49120

Estimated Value: $131,000 - $189,000

4 Beds
2 Baths
-- Sq Ft
5,280 Sq Ft Lot

Last Sold May 13, 2022

Last sale price $99,000

Est. 59% increase in value since last sale

Current estimated payment $1,169/month

39 Days on Market

About This Home

As of May 2022

Looking for Cashflow? Check out this Beautiful 2 Unit Income Property in the City of Niles. This Duplex is currently rented for $1350 / month & could easily be converted back to a Single Family. This Home Features separate electric meters, Hardwood Floors and a Detached Garage.

Last Agent to Sell the Property

Tim O'Leary

Michigan Lake & Land LLC License #6504362071 Listed on: 04/08/2022

Last Buyer's Agent

Claudia Kelleher

Cressy & Everett Real Estate License #6506047350

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,113

Year Built

  • Built in 1940

Lot Details

  • 5,280

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 5,280 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,113

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 109900.0
  • Number of Buildings: 1
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5280.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2113.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
May 24, 2022
Sold by
Thomas Jarrett Mark
Bought by
Wallace Stephen
Seller's Agent
Tim O'Leary
Michigan Lake & Land LLC
Buyer's Agent
Claudia Kelleher
Cressy & Everett Real Estate
List Price
$114,900
Sold Price
$99,000
Premium/Discount to List
-$15,900
-13.84%
Total Days on Market
39
Current Estimated Value
$157,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,453
Avg. Annual Appreciation
16.26%

Purchase Details

Closed on
Jun 26, 2020
Sold by
Harbor Shore Properties Llc
Bought by
Jarrett Mark Thomas

Purchase Details

Closed on
Jun 15, 2020
Sold by
Harbor Shore Properties Llc
Bought by
Jarrett Mark Thomas

Purchase Details

Listed on
Nov 27, 2018
Closed on
Jan 15, 2019
Sold by
Michigan Lake & Land Llc
Bought by
Harbor Shore Properties Llc
Seller's Agent
Tim O'Leary
Michigan Lake & Land LLC
Buyer's Agent
Tim O'Leary
Michigan Lake & Land LLC
List Price
$69,900
Sold Price
$68,000
Premium/Discount to List
-$1,900
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.68%
Original Mortgage
$52,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 27, 2018
Closed on
Nov 27, 2018
Sold by
Michigan Lake & Land Llc
Bought by
Harbor Shore Properties Llc
Seller's Agent
Tim O'Leary
Michigan Lake & Land LLC
Buyer's Agent
Tim O'Leary
Michigan Lake & Land LLC
List Price
$69,900
Sold Price
$68,000
Premium/Discount to List
-$1,900
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 2010
Sold by
Management Innovations Worldwide Llc
Bought by
Michigan Lake & Land Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
4.42%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 6, 2010
Sold by
Oleary Timothy
Bought by
Michigan Lake & Land Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
4.42%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 25, 2005
Sold by
Oleary Timothy and Oleary Christine A
Bought by
Management Innovations Worldwide Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,300
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 27, 1987

Purchase Details

Closed on
Jun 10, 1977

Purchase Details

Closed on
May 25, 1977
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 $99,000 Chicago Title
Wallace Stephen $99,000 Chicago Title
Jarrett Mark Thomas -- None Listed On Document
Jarrett Mark Thomas -- None Available
Harbor Shore Properties Llc $68,000 Chicago Title
Harbor Shore Properties Llc $68,000 Chicago Title Of Michigan In
Michigan Lake & Land Llc -- None Available
Michigan Lake & Land Llc -- None Available
Management Innovations Worldwide Llc -- --
Oleary Timothy $67,000 --
-- $25,000 --
-- $17,500 --
-- $13,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jarrett Mark Thomas $74,900
Previous Owner Harbor Shore Properties Llc $52,000
Previous Owner Michigan Lake & Land Llc $70,400
Previous Owner Oleary Timothy $60,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $99,000 -9.9% --
05/03/2022 05/03/22 Pending -- -- --
04/28/2022 04/28/22 Price Changed $109,900 -4.4% --
04/08/2022 04/08/22 For Sale $114,900 0.0% --
03/27/2022 03/27/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $114,900 +69.0% --
11/27/2018 11/27/18 Sold $68,000 -2.7% --
11/27/2018 11/27/18 Pending -- -- --
11/27/2018 11/27/18 For Sale $69,900 -- --
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 $4,013 $95,300 $0 $0
2024 $2,126 $85,200 $0 $0
2023 $2,038 $68,000 $0 $0
2022 $1,155 $52,900 $0 $0
2021 $2,113 $49,400 $3,100 $46,300
2020 $2,089 $46,400 $0 $0
2019 $2,059 $35,000 $0 $0
2018 $2,107 $35,000 $0 $0
2017 $2,249 $44,400 $0 $0
2016 $2,211 $41,100 $0 $0
2015 $2,204 $40,400 $0 $0
2014 $1,152 $38,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22009718

Southwestern Michigan Association of REALTORS®

APN: 11-72-3050-0230-00-9