NOT LISTED FOR SALE

255 Ferman St Milan, MI 48160

Estimated Value: $257,038 - $293,000

3 Beds
2 Baths
1,600 Sq Ft
$177/Sq Ft Est. Value

Last Sold February 14, 2014

Last sale price $132,000 $82 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,771/month

143 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Fenced Yard
  • Deck
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of February 2014

Downtown Milan charmer! This beautiful house features gleaming hardwood floors & a wonderful sunny floor plan. Original turn of the century woodwork throughout is in great condition. Living room also includes a sunroom. Large dining room for family get togethers. 2 undated full baths. Upstairs master suite includes an office & walk-in closet/hall. Huge private yard includes a barn for storage & artist studio upstairs. Close to schools & minutes from Ann Arbor or Saline., Primary Bath

Last Agent to Sell the Property

David Glaser

Berkshire Hathaway HomeService License #6501225044 Listed on: 08/20/2013

Last Buyer's Agent

Michael Price

Key Realty One LLC License #6501273091

Key Realty One LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,061

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Fenced Yard

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Milan Elementary And Middle School
  • Milan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,061

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Colonial
  • Stories: 2
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1600.0
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Colonial
  • Tax Info:Annual Property Tax: 2061.0
  • Tax Info:Zoning3: RES
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Additional Items:Window Treatments: Yes
  • Additional Items:Wood Floor: Yes
  • General Property Info:SqFt Above Grade: 1600.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Vinyl Floor: Yes
  • Laundry Features Lower Level: Yes
  • General Property Info Elementary School2: Milan
  • General Property Info High School: Milan
  • General Property Info Middle School2: Milan
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Oven, Range, Refrigerator
  • Interior Amenities: Wood Floor
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1600.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • Exterior Features: Fenced Back, Deck(s)
  • List Price: 129900.0
  • Lot Features: Sidewalk
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Fenced Back: Yes

Garage/Parking

  • Garage: No
  • Garage:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Laundry Features: Lower Level
  • Sewer: Public Sewer
  • Utilities: Storm Sewer Available, Natural Gas Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10890.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2061.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2013
Closed on
Feb 14, 2014
Sold by
Lenhardt Phillip M and Lenhardt Angela D
Bought by
Alcenius Jerald W and Alcenius Jenna B
Seller's Agent
David Glaser
Berkshire Hathaway HomeService
Buyer's Agent
Michael Price
Key Realty One LLC
List Price
$139,900
Sold Price
$132,000
Premium/Discount to List
-$7,900
-5.65%
Current Estimated Value
$282,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,510
Avg. Annual Appreciation
6.83%
Original Mortgage
$129,609
Outstanding Balance
$100,305
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$182,147

Purchase Details

Closed on
Mar 31, 2000
Sold by
Davenport William J
Bought by
Lenhardt Angela D

Purchase Details

Closed on
Aug 27, 1998
Sold by
Larsen John E
Bought by
Davenport William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,561
Interest Rate
7.03%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Alcenius Jerald W $132,000 Multiple
Lenhardt Angela D $145,500 --
Davenport William J $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alcenius Jerald W $129,609
Previous Owner Davenport William J $134,561
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2014 02/14/14 Sold $132,000 -5.6% $83 / Sq Ft
01/10/2014 01/10/14 Pending -- -- --
08/20/2013 08/20/13 For Sale $139,900 -- $87 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $3,261 $113,100 $0 $0
2024 $3,261 $105,000 $0 $0
2023 $3,117 $101,600 $0 $0
2022 $3,501 $95,900 $0 $0
2021 $3,416 $86,300 $0 $0
2020 $3,406 $76,900 $0 $0
2019 $3,326 $76,900 $76,900 $0
2018 $3,402 $71,400 $0 $0
2017 $3,280 $68,200 $0 $0
2016 $3,241 $60,882 $0 $0
2015 -- $60,700 $0 $0
2014 -- $47,616 $0 $0
2013 -- $47,616 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23097650

Southwestern Michigan Association of REALTORS®

APN: 19-35-458-002