NOT LISTED FOR SALE

16009 Sherman Rd Milan, MI 48160

Estimated Value: $311,932 - $367,000

3 Beds
1.5 Baths
2,072 Sq Ft
$160/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $177,800 $86 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,825/month

85 Days on Market

Highlights

  • Colonial Architecture
  • Breakfast Area or Nook
  • Porch
  • No HOA
  • Detached Garage
  • Living Room

About This Home

As of April 2017

The best value in Milan. Large lot, 3.5 car garage with unfinished loft above. Whole house generator hookup, multiple auxiliary systems in the whole home. This home has been remodeled with newer windows, refinished hardwood floors, new drywall, and so much more. Lower township taxes make this one of the most affordable homes in Milan. Don't miss out on this great opportunity and schedule an appointment to see this home today.

Last Agent to Sell the Property

Ray Smith

Ray Smith Real Estate LLC License #6502407673 Listed on: 01/19/2017

Last Buyer's Agent

Peter Jordan

Firm Foundations Realty Group License #6501307876

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,514

Year Built

  • Built in 1900

Lot Details

  • 1.78

Parking

  • Detached Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,072 Sq Ft Home
  • Living Room
  • Dining Room
  • Basement
  • Michigan Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on lower level

Utilities

  • Heating System Uses Propane
  • Hot Water Heating System
  • Well
  • Satellite Dish

Additional Features

  • Porch
  • 1.78 Acre Lot

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,514

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Colonial
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 89.29
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2072.0
  • Tax Info:Annual Property Tax: 2514.46
  • Tax Info:Zoning3: Res
  • Heat Source:Propane: Yes
  • Heat Type:Hot Water: Yes
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 2072.0
  • Laundry Features Lower Level: Yes
  • General Property Info Garage YN: Yes
  • Other Equipment:Satellite Dish2: Yes
  • Architectural Style:Colonial: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 2072.0
  • Other Equipment: Satellite Dish
  • Kitchen Features:Eating Area: Yes
  • Kitchen Features:Breakfast Nook: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 185000.0
  • Patio and Porch Features: Porch(es)
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: No
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes

Utilities

  • Heating: Hot Water
  • Heating: Yes
  • Laundry Features: Lower Level
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 1.78
  • Lot Size Area: 1.78
  • Lot Size Sq Ft: 77580.0
  • Zoning Description: Res

Tax Info

  • Tax Annual Amount: 2514.46
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2017
Closed on
Apr 28, 2017
Sold by
Tomasch David
Bought by
Broumand Elizabeth A
Seller's Agent
Ray Smith
Ray Smith Real Estate LLC
Buyer's Agent
Peter Jordan
Firm Foundations Realty Group
List Price
$185,000
Sold Price
$177,800
Premium/Discount to List
-$7,200
-3.89%
Current Estimated Value
$332,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,433
Avg. Annual Appreciation
7.41%
Original Mortgage
$159,750
Outstanding Balance
$132,997
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$199,236

Purchase Details

Closed on
Apr 28, 2011
Sold by
Fannie Mae
Bought by
Tomasch David

Purchase Details

Closed on
Oct 28, 2010
Sold by
Langton Michael
Bought by
Federal National Mortgage Association
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
Broumand Elizabeth A $177,800 Liberty Title
Tomasch David $39,000 --
Federal National Mortgage Association $140,461 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broumand Elizabeth A $159,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2017 04/28/17 Sold $177,800 -3.9% $86 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $185,000 -- $89 / Sq Ft
Source: MichRIC

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 $1,200 $139,900 $17,780 $122,120
2024 $1,164 $136,400 $0 $0
2023 $1,109 $120,100 $0 $0
2022 $3,496 $120,100 $0 $0
2021 $5,097 $113,700 $0 $0
2020 $4,959 $94,800 $0 $0
2019 $3,789 $94,800 $0 $0
2018 $4,894 $88,800 $0 $0
2017 $2,537 $86,300 $0 $0
2016 $2,514 $86,300 $0 $0
2015 $2,349 $67,660 $0 $0
2014 $2,065 $67,660 $0 $0
2013 -- $65,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ray Smith

    Seller's Agent in 2017

    Ray Smith

    Ray Smith Real Estate LLC

    (734) 644-0009

    35 Total Sales

    Ray Smith
    Section Image

  • P

    Buyer's Agent in 2017

    Peter Jordan

    Firm Foundations Realty Group

    (734) 657-5911

    57 Total Sales

    Peter Jordan
    Section Image
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Map

Source: MichRIC

MLS Number: 23117038

MichRIC

APN: 11-011-036-10

Michigan Monroe County Milan 48160

16009 Sherman Rd, Milan, MI

Not Listed for Sale

Detached

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