NOT LISTED FOR SALE

400 Main Milan, OH 44846

Estimated Value: $103,276

0.09 Acre
$1,177,605 Price per Acre
3,820 Sq Ft Lot

Last Sold August 27, 2014

Last sale price $50,000

Est. 107% increase in value since last sale

Current estimated payment $593/month

140 Days on Market

About This Lot

As of August 2014

A rare opportunity to build your business on Milan Square. This quaint community has not had a commercial lot for sale on the square in almost a decade. Ample parking both front and rear, and Milan square has multiple activities to draw people to town. Cruising on the square every Tuesday from May - September, an Arts festival, the antique show, and the Melon Festival draw thousands of people to this community. Don't miss your opportunity to build your new business here.

Last Agent to Sell the Property

Brian Coles

Russell Real Estate Services License #2007002207 Listed on: 03/10/2014

Russell Real Estate Services

Co-Listed By

Default zSystem

zSystem Default

Last Buyer's Agent

Brian Coles

Russell Real Estate Services License #2007002207 Listed on: 03/10/2014

Russell Real Estate Services

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $860

Lot Details

  • 3,820 Sq Ft Lot
  • Lot Dimensions are 41 x 91
  • Property is zoned 400 Commercial Vacant Land

Listing and Financial Details

  • Assessor Parcel Number 5300475.000

Property Details

Property Type

Land

Est. Annual Taxes

$860

Lot Details

0

Listing Details

  • PropertySubType: Unimproved Land
  • PropertyType: Land
  • Lot Size Acres: 0.0877
  • MLS Status: Sold
  • Directions: On Milan Square, north of SR 113 on West side of street.
  • Master Plan Zoning: 400 Commercial Vacant Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: No

Utilities

  • Electricity On Property: No
  • Gas: available

Schools

  • Junior High Dist: Edison

Lot Info

  • Lot Dimensions: 41 x 91
  • Lot Size Sq Ft: 3820.212
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 5300475.000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 859.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2014
Closed on
Aug 26, 2014
Sold by
Milan Square Ltd
Bought by
Gilbert Enterprises Llc
Seller's Agent
Brian Coles
Russell Real Estate Services
Buyer's Agent
Brian Coles
Russell Real Estate Services
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%
Current Estimated Value
$103,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,276
Avg. Annual Appreciation
6.81%
Original Mortgage
$37,500
Outstanding Balance
$28,996
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$74,369

Purchase Details

Closed on
Dec 26, 2005
Sold by
Coles Daniel M and Coles Kaycee A
Bought by
Milan Square Ltd
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Gilbert Enterprises Llc $50,000 None Available
Milan Square Ltd -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbert Enterprises Llc $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2014 08/27/14 Sold $50,000 -16.5% --
07/28/2014 07/28/14 Pending -- -- --
03/10/2014 03/10/14 For Sale $59,900 -- --
Source: Firelands 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
2024 $378 $7,108 $7,108 $0
2023 $378 $6,835 $6,835 $0
2022 $421 $6,835 $6,835 $0
2021 $424 $6,840 $6,840 $0
2020 $425 $6,840 $6,840 $0
2019 $438 $6,840 $6,840 $0
2018 $456 $6,840 $6,840 $0
2017 $473 $6,840 $6,840 $0
2016 $475 $6,840 $6,840 $0
2015 $470 $6,840 $6,840 $0
2014 $862 $12,400 $12,400 $0
2013 $860 $12,400 $12,400 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Brian Coles

    Russell Real Estate Services

    (419) 706-6855

    11 Total Sales

    Brian Coles
    Section Image

  • D

    Seller Co-Listing Agent in 2014

    Default zSystem

    zSystem Default

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Map

Source: Firelands Association of REALTORS®

MLS Number: 20141096

APN: 53-00475-000

Ohio Erie County Milan 44846

400 Main, Milan, OH

This home is located at 400 Main, Milan, OH 44846 since 10 March 2014 and is currently estimated at $103,276. 400 Main is a home located in Erie County with nearby schools including Edison Elementary School (Formerly Milan Elementary), Edison Middle School (Formerly Berlin-Milan Middle School), and Edison High School.

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