$532,000
SOLD OCT 28, 2025

1056 E Van Hook St Milan, TN 38358

-- Bed
-- Bath
5,130 Sq Ft
0.38 Acres

Recently Sold

$104 Per Sq Ft

11% Below List Price

142 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Property has 1 Level

About This Home

As of October 2025

Investor opportunity in Milan, TN: Stabilized strip mall with established tenants including World Finance, Security Finance, and Cash Express — all in place for 15+ years. Strong in-place income with a cap rate over 7% (net of taxes and insurance). Proven tenancy, consistent cash flow, and low turnover make this a solid addition to any portfolio.

Last Agent to Sell the Property

Nawaf 'John' Alashmali

EXIT Realty Blues City License #372035 Listed on: 04/25/2025

EXIT Realty Blues City

Last Buyer's Agent

Nawaf 'John' Alashmali

EXIT Realty Blues City License #372035 Listed on: 04/25/2025

EXIT Realty Blues City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,647

Year Built

  • Built in 2004

Interior Spaces

  • 5,130 Sq Ft Home
  • Property has 1 Level

Schools

  • Milan Elementary School
  • Milan Middle School
  • Milan High School

Additional Features

  • 0.38 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 140D C 00900 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,647

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2004
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: None
  • Flooring: Other
  • Has Basement: None
  • Above Grade Finished Sq Ft: 5130
  • Building Area Units: Square Feet
  • Living Area: 5130
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Other
  • Foundation Details: Slab
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.38
  • Lot Size Units: Acres
  • Parcel #: 140D C 00900 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 5647

MLS Schools

  • Elementary School: Milan Elementary
  • High School: Milan High School
  • Middle Or Junior School: Milan Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2025
Closed on
Oct 27, 2025
Sold by
Qaadan Alaa
Bought by
Avee Shah Llc
Seller's Agent
Nawaf 'John' Alashmali
EXIT Realty Blues City
Buyer's Agent
Nawaf 'John' Alashmali
EXIT Realty Blues City
List Price
$600,000
Sold Price
$532,000
Premium/Discount to List
-$68,000
-11.33%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-59.57%
Original Mortgage
$400,000
Outstanding Balance
$400,000
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$47,894

Purchase Details

Closed on
Apr 12, 2022
Sold by
Britt Trent
Bought by
Qaadan Alaa

Purchase Details

Closed on
Oct 15, 2021
Sold by
Hendren Rentals Llc
Bought by
Britt Trent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 2016
Sold by
Hendren Norman
Bought by
Hendren Rentals Llc

Purchase Details

Closed on
Aug 7, 2002
Sold by
Arnold Charles L and Arnold Joan G
Bought by
Hendren Lisa and Hendren Norman

Purchase Details

Closed on
Feb 3, 1997
Bought by
Hendren Norman and Hendren Lisa

Purchase Details

Closed on
Apr 28, 1992
Bought by
Arnold Charles Lynn and Arnold Joan G

Purchase Details

Closed on
Jun 25, 1986
Bought by
Rose Videos Inc

Purchase Details

Closed on
Apr 10, 1986

Purchase Details

Closed on
Apr 30, 1976

Purchase Details

Closed on
Apr 1, 1947
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $532,000 Bridgehouse Title
Warranty Deed -- Patterson Charles
Warranty Deed $300,000 None Available
Warranty Deed $300,000 None Available
Quit Claim Deed -- --
Deed $90,000 --
Warranty Deed $90,000 --
Warranty Deed $29,000 --
Warranty Deed $40,000 --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Previous Owner $255,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2025 10/28/25 Sold $532,000 -11.3% $104 / Sq Ft
09/14/2025 09/14/25 Pending -- -- --
04/25/2025 04/25/25 For Sale $600,000 -- $117 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,647 $160,440 $0 $0
2024 $5,647 $160,440 $12,000 $148,440
2023 $3,767 $115,480 $14,720 $100,760
2022 $3,686 $115,480 $14,720 $100,760
2021 $3,767 $115,480 $14,720 $100,760
2020 $5,617 $115,480 $14,720 $100,760
2019 $5,617 $115,480 $14,720 $100,760
2018 $5,234 $116,360 $14,000 $102,360
2017 $5,176 $116,360 $14,000 $102,360
2016 $5,176 $116,360 $14,000 $102,360
2015 $4,960 $116,360 $14,000 $102,360
2014 $4,960 $116,360 $14,000 $102,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2823097

Realtracs

APN: 140D-C-009.00