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1312 Lake Street

1312 Lake Street, Niles, MI 49120
Property in Niles
1 Units For Sale
Unit for sale at 1312 Lake Street, Niles, MI 49120

$2,700,000

  • Commercial
  • 3 Baths
1312 Lake Street, Niles, MI 49120 Listing by Tammy Anders, Michael Anders

1312 Lake Street has been categorized by the local assessors in Niles, MI as a unknown type of property. The building on the property was first built in 2021 and is 3 years old. This is a single story building so stairs are not necessary to access other parts of the home. The linear feet between the front and back of the lot is 3,850 ft and across the front of the lot is 4,800 ft. The area measurement of the land has been determined as 139,392 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. We know that this is 5 code building. This code stands for "unknown". In terms of heating, it is utilizing unknown. 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, 1312 Lake Street sold most recently in Oct 17, 2019 for a total of $30,001. If you work out the math, that's approximately a cost of $1.89 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,358 in taxes each year. 1312 Lake Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $428,700. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Exterior

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

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 139,392
  • Lot Size Depth Feet: 3,850
  • Lot Size Frontage Feet: 4,800
  • Total Building Area: 15,860
  • Gross Building Area: 15,860
  • Building Area: 15,860
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: EAST LAKE TERRACE ADD
  • Land Acres: 3.2
  • Legal Description 1: PART OF NW1/4 OF NW1/4 SEC 25 T7S R17W BOUNDED SE BY THE AIRLINE BRANCH OF THE MC RR N BY LAKE ST & W BY 13TH ST CITY OF

Ownership

  • Current Owner : HDS MANAGEMENT LLC
  • Previous Owner : CITY OF NILES MICHIGAN
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Niles Community School District
  • School Tax School District: NILES
  • Census Tract: 020900

Zoning

  • Zoning: IND

Geography

  • Assessors Map Reference: 025-1
  • District: 71
  • Parcel: 71-0025-0024-00-8
  • Meridian: SEC 25 TWN 07S RNG 17W
  • Municipality: NILES CITY
  • Latitude: 41.841
  • Longitude: -86.2432

    Address

  • Full Address: 1312 Lake St
  • Address - House Number: 1312
  • Address - Street Name: Lake
  • Address - Suffix Type: St
  • State: MI
  • City Name: Niles
  • Carrier Code: C018
  • 4-Digit Zip Code: 1226
  • Zip Code: 49120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,358

    Market Valuation

  • Market Total Value: $857,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $428,700

    Sales

  • Current Sale Contract Date: Oct 17, 2019
  • Current Sale Recording Date: Oct 21, 2019
  • Current Sale Transaction ID: 11670678993
  • Current Sale Price: $30,001
  • Current Sale Document Type: unknown
  • Previous Sale Recording Date: Sep 30, 1991
  • Previous Sale Contract Date: Sep 30, 1991
  • Previous Sale Document Type: unknown

About Niles



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1312 Lake Street located in?
The 1312 Lake Street is a located in the neighborhood of Niles in Niles, Niles.
How many listings are currently for sale in 1312 Lake Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 1312 Lake Street?
The average sales price for units in 1312 Lake Street is $2,700,000 currently.

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