NOT LISTED FOR SALE

925 N 4th St Unit A Niles, MI 49120

Estimated Value: $186,000 - $213,000

2 Beds
3 Baths
-- Sq Ft
7,556 Sq Ft Lot Lot

Sale Details

Date Sold: April 30, 2021

Last sale price $149,900

Est. 31% increase in value since last sale

Current estimated payment $1,324 / mo

3 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of April 2021

This would make a great home or investment property! Currently it is a triplex with 3 separate units. The big unit is the entire main floor and finished basement. It has 3 bedrooms and 1 bathroom. It also has 2 additional non-confirming bedrooms in the basement, with room to add a bathroom. Upstairs with separate entrances is two more units. Both have 1 bedroom and 1 bathroom. The big unit is currently vacant and recently had all new carpet, new light fixtures, and walls painted this year! The two upstairs units currently have tenants. This is a great buy for three types of markets. Someone looking to have 3 rentals, someone looking to live in the big unit and collect rental income from the upstairs units, or someone looking to convert the triplex back into a single family residence. Property is being sold As Is. -4 separate electric panels: Unit 1, Unit 2, Unit 3, and (garage, water, water heater, ice melting on roof) Current rent was based on long-term tenants and family tenants. In todays market those rents could potentially be raised.

Last Agent to Sell the Property

Scott Majerek

The Home Source Group License #6501419430 Listed on: 04/16/2021

Last Buyer's Agent

Claudia Kelleher

Cressy & Everett Real Estate License #6506047350

Cressy & Everett Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,221

Year Built

  • Built in 1900

Lot Details

  • 7,556 Sq Ft Lot
  • Level Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Parking

  • 1 Parking Space
  • Paved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Phone Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,221

Year Built

Built in 1900

Lot Details

7,556 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1900
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 149900.0
  • Lot Features: Level, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Water Source: Public Water

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.1735
  • Lot Size Area: 0.17
  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 7556.0

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2221.1
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Apr 29, 2021
Sold by
Howell Phillip R
Bought by
Wallace Stephen
Seller's Agent
Scott Majerek
The Home Source Group
Buyer's Agent
Claudia Kelleher
Cressy & Everett Real Estate
List Price
$149,900
Sold Price
$149,900
Current Estimated Value
$196,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,661
Avg. Annual Appreciation
5.49%

Purchase Details

Closed on
Jul 21, 2004
Sold by
Howell John C and Howell Joyce L
Bought by
Howell Phillip R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2004
Sold by
Howell John C and Howell Joyce L
Bought by
Tms Mortgage Inc and The Money Store

Purchase Details

Closed on
Oct 14, 1992

Purchase Details

Closed on
Oct 9, 1981
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Wallace Stephen $149,900 First American Title
Howell Phillip R -- Meridian Title Corp
Tms Mortgage Inc $57,264 --
-- $19,500 --
-- $19,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Howell Phillip R $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $149,900 0.0% --
04/16/2021 04/16/21 For Sale $149,900 -- --
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 $3,120 $92,800 $0 $0
2024 $1,622 $91,900 $0 $0
2023 $1,555 $82,200 $0 $0
2022 $1,481 $49,400 $0 $0
2021 $2,247 $45,300 $3,300 $42,000
2020 $2,221 $43,200 $0 $0
2019 $2,190 $37,600 $2,200 $35,400
2018 $2,111 $37,600 $0 $0
2017 $2,088 $44,600 $0 $0
2016 $2,052 $36,100 $0 $0
2015 $2,308 $45,400 $0 $0
2014 $1,197 $40,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21012510

MichRIC

APN: 11-71-4510-0151-00-5

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