NOT LISTED FOR SALE

14 Wilcox St Milan, MI 48160

Estimated Value: $216,000 - $324,000

4 Beds
2 Baths
2,202 Sq Ft
$117/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $189,900 $86 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,747/month

1 Day on Market

About This Home

As of April 2023

UNITS HAVE BEEN RENTED FOR SAME RATE FOR MANY YEARS. GREAT TENANTS SO OWNER DID NOT RAISE RENT WHEN WARRANTED.

Last Agent to Sell the Property

Penny Gutierrez

Key Realty One LLC - Summerfield License #MCAR-6501272223 Listed on: 03/20/2023

Last Buyer's Agent

Brian Brickley

Guenther Homes, Inc. License #AAABOR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1870

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x 140

Interior Spaces

  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Michigan Basement
  • Basement Storage

Utilities

  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 53 050 017 00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,834

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 3834.01
  • Year Built: 1870
  • Mail City: Milan
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: Common, MI Basement
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Exterior Features

  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Fuel Type: Electric
  • Heating System: Electric Heat
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 53 050 017 00
  • Lot Dimensions: 66 X 140
  • Acreage: 0.2
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $2,971.42
  • Winter Tax: Year: 2021, Amount: $862.59
  • Total Tax: Amount: $3,834.01

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Milan Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Apr 18, 2023
Sold by
Lee John Kevin
Bought by
Lee John Kevin and Collins Kristen
Seller's Agent
Penny Gutierrez
Key Realty One LLC - Summerfield
Buyer's Agent
Brian Brickley
Guenther Homes, Inc.
List Price
$229,000
Sold Price
$189,900
Premium/Discount to List
-$39,100
-17.07%
Views
11
Current Estimated Value
$257,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,520
Avg. Annual Appreciation
11.79%
Original Mortgage
$193,982
Outstanding Balance
$188,640
Interest Rate
6.65%
Mortgage Type
VA
Estimated Equity
$68,780

Purchase Details

Closed on
Jan 10, 2023
Sold by
Wright Joyce Elaine Boldt
Bought by
Wright Daniel D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Lee John Kevin -- Lawyers Title
Lee John Kevin $189,900 Lawyers Title
Wright Daniel D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee John Kevin $193,982
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2023 04/14/23 Sold $189,900 -17.1% $86 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $229,000 -- $104 / Sq Ft
Source: Michigan Multiple Listing Service

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 $4,822 $110,200 $110,200 $0
2024 $4,773 $110,300 $0 $0
2023 $2,574 $91,700 $0 $0
2022 $3,865 $91,700 $0 $0
2021 $3,753 $86,300 $0 $0
2020 $3,732 $78,100 $0 $0
2019 $3,657 $78,100 $0 $0
2018 $3,689 $69,300 $0 $0
2017 $3,618 $69,300 $0 $0
2016 $3,573 $66,200 $0 $0
2015 $3,105 $61,400 $0 $0
2014 $3,105 $61,400 $0 $0
2013 -- $49,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50103714

Michigan Multiple Listing Service

APN: 53-050-017-00