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1021 Miami Road

1021 Miami Road, Niles, MI 49120
House in Niles
Sold Jul 13, 2020
$235,000
$188,000 by Circle Fcu
Mortgage Due Jul 01, 2050
Sold Jul 13, 2020
$235,000
$188,000 by Circle Federal Credit Union
Mortgage
1021 Miami Road in Niles, MI was first built in 1964 and is 60 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1021 Miami Road has 2,284 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,080 ft and the linear feet between the front and back of the lot is 1,560. In total, the area measurement of the land is 16,291 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 576 sqft. There are a total of 2 available parking spaces. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1021 Miami Road sold most recently in Jun 26, 2020 for a total of $235,000. If you work out the math, that's approximately a cost of $102.89 per sqft. Before that, the property was also sold for $235,000 in Jan 1, 1970. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $3,096 in taxes each year. 1021 Miami Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $103,300. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 2,284
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,291
  • Lot Size Depth Feet: 1,560
  • Lot Size Frontage Feet: 1,080
  • Total Building Area: 2,284
  • Building Area: 2,284
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,284
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARROWHEAD ADD
  • Land Acres: 0.374
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 55 ARROWHEAD ADD NO 1 EXC COM AT SW COR OF LOT 55 TH S80DEG33'E 162'TH N17DEG 10' E 8.1' TH N80DEG33' W 163.1' TH

Ownership

  • Current Owner : GUNDERSON KRISTEN L
  • Previous Owner : MEYER CHARLES E
  • Previous Owner 2: MEYER MARY A
  • Owner Before Previous Owner: MEYER CHARLES E
  • Owner Before Previous Owner 2: MEYER MARY A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Niles Community School District
  • School Tax School District: NILES
  • Census Tract: 020600

Zoning

  • Zoning: LDR

Geography

  • Assessors Map Reference: 034-3
  • District: 74
  • Parcel: 74-0510-0055-00-8
  • Lot: 55
  • Municipality: NILES CITY
  • Latitude: 41.8164
  • Longitude: -86.2709

    Address

  • Full Address: 1021 Miami Rd
  • Legal Unit: 55,55
  • Address - House Number: 1021
  • Address - Street Name: Miami
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Niles
  • Carrier Code: C014
  • 4-Digit Zip Code: 3012
  • Zip Code: 49120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,096

    Appraisal Valuation

  • Standard Deviation: 0.2591
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 63
  • Final Value: 304,254
  • High Value: 383,099
  • Low Value: 225,408

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $188,000
  • First Open Lien Mortgage Lender: CIRCLE FCU
  • First Open Lien Mortgage Recording Date: Jul 13, 2020
  • First Open Lien Mortgage Loan Amount: $188,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $206,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $103,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 26, 2020
  • Current Sale Recording Date: Jul 13, 2020
  • Current Sale Transaction ID: 11773784454
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 13, 2020
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CIRCLE FCU
  • First Mortgage Transaction Date: Jul 13, 2020
  • First Mortgage Loan Amount: $188,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CIRCLE FEDERAL CREDIT UNION
  • Previous Mortgage Transaction Date: Jul 13, 2020
  • Previous Mortgage Loan Amount: $188,000
  • Previous Mortgage Loan Type: New Conventional

About Niles



Similar Buildings

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Nearby Rentals

Unit for rent at 812 Clay Street, Niles, MI, 49120

$1,400 /mo

  • 2 Beds
  • 1 Bath
  • 968 ft²
812 Clay Street #A, Niles, MI, 49120 Listing by Carolee Dalrymple

Frequently Asked Questions

What neighborhood is 1021 Miami Road located in?
The 1021 Miami Road is a house located in the neighborhood of Niles in Niles, Niles.
What is the average sales price for listings in 1021 Miami Road?
The average sales price for units in 1021 Miami Road is $0 currently.

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