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514 Lee St, Milan, MI, 48160

$295,000

Home List Price

$3,503*

Closing Credit

4 Bedrooms
2 Full Baths
1,482 SqFt
$199/SqFt
House

Location

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514 Lee St, Milan$295,000

Buyer Closing Credits

$3,503*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage1 space
Year Built1950
HeatingForced Air
CoolingCentral Air, Ceiling Fan(s)
BasementYes
MLS #24058680
Lot Size0.15 Acres
StatusActive

About 514 Lee St

Welcome to this inviting 4-bedroom, 2-bathroom home that blends classic charm with modern comforts. Located in a peaceful neighborhood, this home offers the perfect balance of spacious living and cozy details. As you walk in the front door you will see beautiful hardwood floors and solid wood trim. This home boasts 2 first floor Bedrooms and 2 Full Bathrooms. The Master bedroom is oversized with its own bath. Galley style kitchen opens up to an open concept dining and family room. Enjoy your morning coffee or relax with a good book in the light-filled sunroom, perfect for any season. Upstairs has the potential of 2-3 bedrooms. See little door for a hidden room! The basement is unfinished, but clean and usable. Fenced in yard. 1 car detached garage and an additional shed.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1950
  • Stories: 2
  • Living Area: 1,482 SqFt

Listing Office:

  • Office Name: Real Estate One
  • Office Phone: (734) 662-8600
  • Listing Agent: Magen Larsen

Interior Features

Interior Information:

  • Appliances: Washer, Refrigerator, Range, Oven, Dryer, Dishwasher
  • Basement: Yes
  • Interior: Ceiling Fan(s), Eat-in Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Sidewalk
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: N of Spink, W of Carpenter

Price Information

Listing Price Info

Price Summary:

  • List Price: $295,000
  • Price Per SqFt: $199/SqFt

Tax Information:

  • Annual Amount: $2,389
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Milan, MI.

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Milan, MI

City

Med. Sold Price

$285K

Med. Price/SqFt

$162

Avg. Days On Market

38

# of Sold Homes

6

514 Lee St vs Milan

38 DAYS ON ROCKET

-0 Day

$295,000

+$10K More

$199/SqFt

+$36 More

KEY TAKEAWAY

This property is $10K more than the Median Sold Price and $36/SqFt more than other homes in Milan, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24058680

Listing Office:

  • Office Name: Real Estate One
  • Office Phone: (734) 662-8600
  • Listing Agent: Magen Larsen

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:51:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 15, 2020Home Sold
$209,000
Apr 16, 2014Home Sold
$129,900

Tax History

YEARPROP. TAXASSESSMENT
2021$2,389$82,200
2020$2,443$80,500
2019$2,350$62,800
2018$2,323$55,300
2017$2,208$53,100

History based on county public records data.

Payment Calculator

$1,540

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$951

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4382313
5
/10

  • Symons Elementary School

  • 432 S Platt Rd

  • 1.13 miles

  • Public District Grades 3-5

school-card-donut-4382314
3
/10

  • Brick Elementary School

  • 8970 Whittaker Rd

  • 6.15 miles

  • Public Magnet Grades KG-5

school-card-donut-4382315
2
/10

  • Bishop Elementary School

  • 8888 Whittaker Rd

  • 6.19 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,710. Typical income of Milan, MI residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 514 Lee St

What is the listing price of this property?

The listing price of 514 Lee St property is $295,000.

What type of property is this?

The property 514 Lee St is a house located in Milan, Michigan, 48160.

Is this property for sale now?

Active Listing: 514 Lee St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,389 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 15, 2020 for $209,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 514 Lee St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 514 Lee St is 1,482 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 514 Lee St is 1950.

Rocket Homes›Michigan›Monroe County›Milan›48160›514 Lee St

This home is located at 514 Lee St in Milan, MI and zip code 48160. This 1,482 square foot home, which was built in 1950, sits on a 0.15 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 09, 2024 and is currently priced at $295,000.

Over 3 listings were sold over their listed price in November 2024 in Milan, MI. In the same period over 1 listings were sold below the listed price and 2 listings were sold for the listed price. In November 2024 in Milan, MI there were 14.6% more homes for sale than in October 2024. While the average time on the market in November 2024 was 38 days, the median list price was $285,000.

From Rocket Homes Real Estate and based on county public records data.

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