NOT LISTED FOR SALE

901 Broadway St Niles, MI 49120

Estimated Value: $152,000 - $171,000

4 Beds
2 Baths
-- Sq Ft
4,620 Sq Ft Lot

Last Sold April 06, 2022

Last sale price $129,000

Est. 26% increase in value since last sale

Current estimated payment $1,086/month

50 Days on Market

Highlights

  • 1 Fireplace
  • Window Unit Cooling System
  • 2 Car Garage
  • Corner Lot: Yes
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of April 2022

2 Unit Rental Property. Both Units have 2 Bedrooms and 1 Bathroom. Lower Level Unit has access to the full Basement with Laundry hookups. Lower Level Unit has a front porch. Upper Unit is 901 1/2. Lower Unit is 901. Separate electric meters. Tennant pays for electric, water, sewer & trash. Upgrades: roof 2017, Windows 2018, Upper Unit Kitchen Cabinets 2021, Lower Unit Vanity and Toilet 2021 and Carpet 2022.

Last Agent to Sell the Property

Susan Loux

Loux & Hayden Realty License #6501175723 Listed on: 02/26/2022

Last Buyer's Agent

Kati Luke

Red Shoe Realty License #6501314275

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,598

Year Built

  • Built in 1910

Lot Details

  • 4,620 Sq Ft Lot
  • Lot Dimensions are 66 x 70
  • Corner Lot: Yes

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, water, trash collection, sewer
  • The owner pays for gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,598

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1910
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66 X 70
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1598.44
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Broadband: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Utilities Attached Electricity Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 129900.0
  • Lot Features: Sidewalk, Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Extras:Garages: Yes

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Broadband

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 66 X 70
  • Lot Size Sq Ft: 4620.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Gas
  • Tenant Pays: Electric, Water, Trash Collection, Sewer

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1598.44
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2022
Closed on
Apr 12, 2022
Sold by
Michael Marschke
Bought by
Boller Zachary E and Boller Heather J
Seller's Agent
Susan Loux
Loux & Hayden Realty
Buyer's Agent
Kati Luke
Red Shoe Realty
List Price
$134,900
Sold Price
$129,000
Premium/Discount to List
-$5,900
-4.37%
Current Estimated Value
$162,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,120
Avg. Annual Appreciation
6.46%
Original Mortgage
$96,750
Outstanding Balance
$91,316
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$70,804

Purchase Details

Listed on
Jan 28, 2016
Closed on
May 17, 2017
Sold by
Klein Margaret F
Bought by
Marschke Michael and Landrum Robert
Seller's Agent
Tammy Anders
MI Realty, A Michigan RE Co.
Buyer's Agent
Susan Loux
Loux & Hayden Realty
List Price
$65,000
Sold Price
$49,900
Premium/Discount to List
-$15,100
-23.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.49%
Original Mortgage
$37,425
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2002

Purchase Details

Closed on
Sep 7, 1999
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Boller Zachary E $129,000 Chicago Title
Marschke Michael $49,900 Attorney
-- $69,000 --
-- $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boller Zachary E $96,750
Previous Owner Marschke Michael $37,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2022 04/06/22 Sold $129,000 -4.4% --
03/12/2022 03/12/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $134,900 +170.3% --
05/19/2017 05/19/17 Sold $49,900 -23.2% -- View Prior Sale
04/21/2017 04/21/17 Pending -- -- --
01/28/2016 01/28/16 For Sale $65,000 -- --
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 $2,787 $75,300 $0 $0
2024 $1,463 $67,000 $0 $0
2023 $1,403 $46,800 $0 $0
2022 $868 $36,100 $0 $0
2021 $1,598 $33,500 $3,100 $30,400
2020 $1,580 $31,200 $0 $0
2019 $1,558 $26,500 $2,000 $24,500
2018 $1,546 $26,500 $0 $0
2017 $1,582 $31,800 $0 $0
2016 $1,555 $30,000 $0 $0
2015 $1,551 $29,300 $0 $0
2014 $804 $27,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 22002008

MichRIC

APN: 11-72-0840-0063-00-2