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Niles 49120
1460 Sioux Trail
$175,000
● House - Off Market

1460 Sioux Trail

Niles, MI 49120
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,950 Ft²
$263,521
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Are you ready for a home?  This could be your place!  Excellent location, close to the 31-bypass, downtown niles and just down the street from the school!  Do you need lots of space?  This home boasts 4 bedrooms upstairs and the potential for more in the full partially finished basement. You will appreciate the decorating touches, easy to maintain hardwood floors and new kitchen appliances.  3 full baths so whether you have a large family, lots of guests or just need the convenience you're in luck.  The spacious living area includes family room, living room, dining room and 3 season room---plenty of room  to entertain or just enjoy your own space.   Come see this terrific home while you can!
Unit Size
2,950 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$61
Property Type
House
Property Taxes
$286
HOA Dues
-
Year Built
1966

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #19023882)

Price History

Date / Event Date Event Price
Sep 9, 2019 Sold
Premium
Sold
May 30, 2019 Listed by McLauchlin Realty, Inc. $179,800
Listed by McLauchlin Realty, Inc.

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,496
  • Garage Type: 7
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,985
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,756
  • Building Area: 1,756
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,756
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BALLARD HILLS
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 28 BALLARD HILLS

Neighborhood

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

Zoning

  • Zoning: LDR

Geography

  • Assessors Map Reference: 034-4
  • District: 74
  • Parcel: 74-0770-0028-00-7
  • Lot: 28
  • Municipality: NILES CITY
  • Latitude: 41.8193
  • Longitude: -86.2781

    Address

  • Full Address: 1460 Sioux Trl
  • Legal Unit: 28
  • Address - House Number: 1460
  • Address - Street Name: Sioux
  • Address - Suffix Type: Trl
  • State: MI
  • City Name: Niles
  • Carrier Code: C014
  • 4-Digit Zip Code: 3136
  • Zip Code: 49120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $388,003
  • Initial Tax Delinquent Year: 2016

    Appraisal Valuation

  • Standard Deviation: 0.2585
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 63
  • Final Value: 283,619
  • High Value: 356,948
  • Low Value: 210,289

    Market Valuation

  • Market Total Value: $260,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $130,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 03, 2019
  • Current Sale Recording Date: Sep 09, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Sep 09, 2019
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Niles

Stats & Trends

Median Asking:

$185,000

Sale Price/ft²

$137

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1560 ft²

Average Home Age

77 years

Currently For Sale

29 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MichRIC

Listed by: Scott McLauchlin, McLauchlin Realty, Inc.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 19023882
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1460 Sioux Trail built and last sold?
The property at 1460 Sioux Trail was built in 1966 and last sold on Sep 3, 2019 for $175,000.
How much is this home worth?
The estimated value of the home located at 1460 Sioux Trail is $194,082.
What are some comparable homes to 1460 Sioux Trail?
There are currently no comparable homes to 1460 Sioux Trail.
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