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Berrien 49120
1950 Bond Street
$270,000
● House - Off Market

1950 Bond Street

Niles, MI 49120
bedrooms
3 Beds
bathrooms
2 Baths
square feet
3,430 Ft²
$487,179
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model

About This Property

Here's your chance to own this incredible waterfront home featuring 3 spacious bedrooms and a master bath right out of a magazine. You will appreciate the thought  and detail that went into this home as your eyes wander from the beamed ceilings to all of the natural light that flows in from the Pella windows and skylights. The kitchen boasts Kitchen Maid cabinetry and gorgeous Corian counter tops. Entertaining is a breeze with a large living room with fireplace and the family room off the kitchen also has a beautiful stone fireplace. A private deck off the master bedroom is even wired and ready for your hot tub. If you're looking for a peaceful waterfront retreat set on over 4 acres tour this home today and discover what casual living truly is.
Unit Size
3,430 Ft²
Days on Market
-
Land Size
4.26 acres
Price per sqft
$82
Property Type
House
Property Taxes
$296
HOA Dues
-
Year Built
1958

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #16001197)

Price History

Date / Event Date Event Price
Mar 29, 2016 Sold
Premium
Sold
Jan 12, 2016 Listed by Keller Williams Realty SWM $279,900
Listed by Keller Williams Realty SWM
Aug 20, 1993 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 1,664
  • Garage Type: 7
  • Garage Square Area: 616
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 187,744
  • Lot Size Depth Feet: 11,761
  • Total Building Area: 2,359
  • Building Area: 2,359
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,359
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUPERVISORS PLAT OF EDGEWOOD
  • Land Acres: 0000004310
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 9 SUPERVISOR'S PLAT OF EDGEWOOD

Neighborhood

  • School District Name: Brandywine Community Schools
  • School Tax School District: BRANDY WINE
  • Census Tract: 021100

Zoning

  • Zoning: 145400

Geography

  • Assessors Map Reference: 110-2
  • District: 14
  • Parcel: 14-2000-0009-00-6
  • Lot: 9
  • Municipality: NILES TWP
  • Latitude: 41.7946
  • Longitude: -86.2679

    Address

  • Full Address: 1950 Bond St
  • Legal Unit: 9
  • Address - House Number: 1950
  • Address - Street Name: Bond
  • Address - Suffix Type: St
  • State: MI
  • City Name: Niles
  • Carrier Code: C021
  • 4-Digit Zip Code: 4049
  • Zip Code: 49120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $304,265

    Appraisal Valuation

  • Standard Deviation: 0.2138
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 70
  • Final Value: 458,222
  • High Value: 556,218
  • Low Value: 360,226

    Market Valuation

  • Market Total Value: $400,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 24, 2016
  • Current Sale Recording Date: Mar 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 20, 1993
  • Previous Sale Contract Date: Aug 20, 1993
  • Previous Sale Amount: $139,500
  • Previous Sale Document Type: 27
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 Berrien

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2019 ft²

Average Home Age

59.6 years

Currently For Sale

576 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

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MichRIC

Listed by: Fred F Fahrberger, Keller Williams Realty SWM
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 16001197
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 1950 Bond Street built and last sold?
The property at 1950 Bond Street was built in 1958 and last sold on Mar 24, 2016 for $270,000.
How much is this home worth?
The estimated value of the home located at 1950 Bond Street is $302,840.
What are some comparable homes to 1950 Bond Street?
There are currently no comparable homes to 1950 Bond Street.
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