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$168,500

Beds
4
Baths
1.5
sq ft
1,248

1023 N 7th St, Niles, MI 49120

1023 N 7th St

NilesCity_Berrien, MI 49120

  • 34 days on market
    • Price drop $500↓
Investment property or personal residence? This is it.Call for additional info if you want to make money in short term rentals, e.g., AirBNB, VRBO, etc.Enjoy your new home knowing that it was built with professional craftsmanship, with bulwark foundation, floor joists, and framing. Your family and friends will admire the beauty of your 3/4'' solid oak flooring. It is near a wonderful public park with ball fields and tennis courts, the YMCA, and the train station. This has been a great starter home. It's location is utilitarian, practical, and pragmatic with a stable and predictable home value, and it is close to Niles city attractions. Seller is willing to contribute newer appliances.Just make an offer!

Details

Property type

Single Family Residence

Est. home value

$145,979

Lot size

3,920 sq ft

Price per sq ft

$136

Year built

1920

Annual property taxes

$1,113

Price History

03/23/2025
Realcomp

Realcomp #69025006966

Listed
$168,500
+29.62%
05/05/2022
Realcomp

Realcomp #69022002893

Sold
$130,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Niles

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$104,736
Asking price
$168,500
Closing costs (~8% of asking)
-$13,480
Est. remaining loan balance
-$50,284
Cash to seller
$104,736

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Honor Cu

Loan start date

May 2022

Original loan amount

$90,000

Est. remaining balance

$50,284

Interest rate

4.16%

Loan type

New Conventional, 6 year

Seller

Mason Bendall

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

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$175,000
4 bd
|
1.5 ba
|
1,642 sq ft
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House

305 Orchard St, Dowagiac, MI 49047

Status: Active

Tomo last checked: 04/02/2025 at 4:40 PM

Listing updated: 04/02/2025 at 2:16 PM

Listed by: Steve Mauro, Mauro Realty Phone #: (269) 470-4494

MLS: Realcomp #69025006966

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