NOT LISTED FOR SALE

557 Allen Rd Milan, MI 48160

Estimated Value: $255,000 - $296,000

4 Beds
2 Baths
2,080 Sq Ft
$135/Sq Ft Est. Value

Last Sold January 11, 2016

Last sale price $150,000 $72 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,697/month

72 Days on Market

Highlights

  • Deck
  • No HOA
  • Living Room
  • Wood Flooring
  • Detached Garage
  • Laundry Room

About This Home

As of January 2016

Come see this move in ready home, with full Mother in law Quarters in the basement! The basement has living room, kitchen, 1 bedroom and full bath that can be accessed by its own entry. The main floors features 3 bedrooms and full bath with laundry. To top it off it has a 3 car garage on a large lot. Come see today!

Last Agent to Sell the Property

Daniel Tomford

Key Realty One LLC License #6501369345 Listed on: 10/05/2015

Last Buyer's Agent

Kimberly Hanschu

RE/MAX Platinum License #6501280159

RE/MAX Platinum

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,102

Year Built

  • Built in 1920

Parking

  • Detached Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Lot Dimensions are 59 x 297

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,102

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1920
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 102.95
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 59 X 297
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2080.0
  • Tax Info:Annual Property Tax: 3102.26
  • Tax Info:Zoning3: RES
  • Heat Type:Forced 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
  • General Property Info:SqFt Above Grade: 1456.0
  • Additional Items:Basement Finished: Yes
  • Laundry Features Upper Level: Yes
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Flooring:Vinyl Floor: Yes
  • Flooring:Carpet Floor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Vinyl, Wood
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 2080.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Finished SQFT: 624.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 624.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 149900.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Deck
  • Exterior Material:Aluminum Siding: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Upper Level
  • Sewer: Public
  • Utilities: Natural Gas Connected, Cable Connected

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 59 X 297
  • Zoning Description: RES

Tax Info

  • Tax Annual Amount: 3102.26
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2015
Closed on
Jan 11, 2016
Sold by
Schroeder Steven W and Schroeder Lisa M
Bought by
Schwerin Marc
Seller's Agent
Daniel Tomford
Key Realty One LLC
Buyer's Agent
Kimberly Hanschu
RE/MAX Platinum
List Price
$149,900
Sold Price
$150,000
Premium/Discount to List
$100
0.07%
Current Estimated Value
$280,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,876
Avg. Annual Appreciation
6.45%
Original Mortgage
$142,500
Outstanding Balance
$113,222
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$167,654
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
Schwerin Marc $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwerin Marc $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2016 01/11/16 Sold $150,000 +0.1% $72 / Sq Ft
12/16/2015 12/16/15 Pending -- -- --
10/05/2015 10/05/15 For Sale $149,900 -- $72 / Sq Ft
Source: MichRIC

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 $2,864 $105,800 $105,800 $0
2024 $2,747 $110,900 $0 $0
2023 $2,625 $80,400 $0 $0
2022 $2,896 $80,400 $0 $0
2021 $2,816 $73,800 $0 $0
2020 $2,808 $63,800 $0 $0
2019 $2,751 $63,800 $0 $0
2018 $2,806 $51,600 $0 $0
2017 $2,754 $51,600 $0 $0
2016 $2,513 $48,600 $0 $0
2015 $2,930 $46,800 $0 $0
2014 $2,930 $46,800 $0 $0
2013 -- $45,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23079018

MichRIC

APN: 53-040-096-00