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112 Michigan Street

112 Michigan Street, Niles, MI 49120
Property in Niles
Sold Jul 25, 2016
$89,400
$82,000 by Teachers Cu
Mortgage Due Jan 01, 2052
Sold Nov 10, 2009
$77,000
$76,587 by Bank Of America Na
Mortgage Due Nov 01, 2039
112 Michigan Street has been categorized by the local assessors in Niles, MI as a residential type of property. The building on the property was first built in 1949 and is 75 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. In addition, 112 Michigan Street has 1,220 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,140 ft and across the front of the lot is 660 ft. The area measurement of the land has been determined as 7,536 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 288 sqft. According to our sources, there is one available parking space. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 112 Michigan Street was last sold in Jul 8, 2016 for $89,400. According to our calculations, that's $73.28 per sqft. Prior to that sales transaction, the property was sold for $77,000 in Oct 22, 2009. Current property owners are expected to pay $1,142 in taxes per year. The property on 112 Michigan Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $55,600. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Basement Type: Unspecified basement
  • Basement Area: 768
  • Garage Type: Garage
  • Garage Square Area: 288
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,536
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,220
  • Building Area: 1,220
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,220
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BONDS ADD
  • Land Acres: 0.173
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE W 66' OF E 136' OF LOTS 1 & 2 BOND'S ADD TO NILES

Ownership

  • Current Owner : SABAT ANDREW J
  • Previous Owner : TRACEY ANTHONY
  • Owner Before Previous Owner: SCHOONOVER CANDY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Niles Community School District
  • School Tax School District: NILES
  • Census Tract: 020700

Zoning

  • Zoning: LDR

Geography

  • Assessors Map Reference: 035-1
  • District: 73
  • Parcel: 73-0950-0001-00-5
  • Lot: 1-2
  • Municipality: NILES CITY
  • Latitude: 41.8231
  • Longitude: -86.2546

    Address

  • Full Address: 112 Michigan St
  • Address - House Number: 112
  • Address - Street Name: Michigan
  • Address - Suffix Type: St
  • State: MI
  • City Name: Niles
  • Carrier Code: C021
  • 4-Digit Zip Code: 3323
  • Zip Code: 49120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,142

    Appraisal Valuation

  • Standard Deviation: 0.3106
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 37
  • Final Value: 98,191
  • High Value: 128,694
  • Low Value: 67,687

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $82,000
  • First Open Lien Mortgage Lender: TEACHERS CU
  • First Open Lien Mortgage Recording Date: Dec 29, 2021
  • First Open Lien Mortgage Loan Amount: $82,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $111,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 08, 2016
  • Current Sale Recording Date: Jul 25, 2016
  • Current Sale Transaction ID: 1723359140
  • Current Sale Price: $89,400
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 10, 2009
  • Previous Sale Contract Date: Oct 22, 2009
  • Previous Sale Amount: $77,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • First Mortgage Transaction Date: Jul 25, 2016
  • First Mortgage Loan Amount: $87,780
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Nov 10, 2009
  • Previous Mortgage Loan Amount: $76,587
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2039

About Niles



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Frequently Asked Questions

What neighborhood is 112 Michigan Street located in?
The 112 Michigan Street is a located in the neighborhood of Niles in Niles, Niles.
What is the average sales price for listings in 112 Michigan Street?
The average sales price for units in 112 Michigan Street is $0 currently.

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