For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Milan 48160
580 Allen Road
$53,000
● House - Off Market

580 Allen Road

Milan, MI 48160
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
672 Ft²
$87,332
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

What an opportunity!  Great ranch home.  Large living room, large kitchen with eating area.  The basement has a half bath and laundry area.  Huge fenced rear yard; great for the family pet.  Enjoy your morning coffee while sitting in your screened-in porch.  One car garage. Some hardwood flooring and bathroom updates.  Just a short distance to downtown Milan and all it has to offer.  Available 01/20/2017.  Great home!, Rec Room: Space
Unit Size
672 Ft²
Days on Market
55 days
Land Size
0.30 acres
Price per sqft
$79
Property Type
House
Property Taxes
$221
HOA Dues
-
Year Built
1948

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MichRIC MLS #23100244)

Price History

Date / Event Date Event Price
Oct 3, 2023 Sold
Premium
Sold
Sep 30, 2023 Listed by Howard Hanna RE Services $175,000
Listed by Howard Hanna RE Services
Mar 20, 2017 Sold
Premium
Sold
Jan 19, 2017 Listed by Howard Hanna RE Services $53,000
Listed by Howard Hanna RE Services
Apr 19, 2011 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 8
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 722
  • Garage Type: 7
  • Garage Square Area: 390
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,979
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 722
  • Building Area: 722
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 722
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ASSRS OF VILLAGE OF MILAN
  • Land Acres: 0000000275
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: MI 2M-112 CITY OF MILAN ASSESSOR'S PLAT OF THE VILLAGE OF MILAN W 60 FT OF THE E 240 FT OF THE N 200 FT OF THAT PT OF LOT 88

Neighborhood

  • School District Name: Milan Area Schools
  • School Tax School District: MILAN
  • Census Tract: 830700

Geography

  • District: 53
  • Parcel: 53-040-117-00
  • Lot: 88
  • Municipality: MILAN CITY
  • Latitude: 42.0753
  • Longitude: -83.6836

    Address

  • Full Address: 580 Allen Rd
  • Address - House Number: 580
  • Address - Street Name: Allen
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Milan
  • Carrier Code: C003
  • 4-Digit Zip Code: 1524
  • Zip Code: 48160

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $254,388
  • Tax Rate Code Area: 53

    Appraisal Valuation

  • Standard Deviation: 0.2472
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 65
  • Final Value: 167,127
  • High Value: 208,457
  • Low Value: 125,798

    Market Valuation

  • Market Total Value: $117,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 03, 2023
  • Current Sale Recording Date: Oct 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 14619
  • Previous Sale Recording Date: Mar 20, 2017
  • Previous Sale Contract Date: Mar 15, 2017
  • Previous Sale Amount: $53,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Milan

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$195

Below Asking

0.02%

Average Days on Market

53

Average Home Size

1644 ft²

Average Home Age

47.9 years

Currently For Sale

9 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Alexsandra Anteau, Howard Hanna RE Services
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 23100244
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 580 Allen Road built and last sold?
The property at 580 Allen Road was built in 1948 and last sold on Oct 3, 2023 for $175,000.
How much is this home worth?
The estimated value of the home located at 580 Allen Road is $170,264.
What are some comparable homes to 580 Allen Road?
There are currently no comparable homes to 580 Allen Road.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Milan Homes for Sale
Milan Houses for Sale
Milan Condos for Sale
Milan Multifamily for Sale
Milan Land for Sale
Milan Commercial for Sale
Milan Homes with Basements
Milan Homes with Pools
Nearby Property Records
Monroe County, MI Property Records
Washtenaw County, MI Property Records
Wayne County, MI Property Records
Lenawee County, MI Property Records
Lucas County, OH Property Records
Jackson County, MI Property Records
Livingston County, MI Property Records
Oakland County, MI Property Records
Nearby Counties
York Homes for Sale
Top Real Estate Agents
Top Agents in Milan
Top Agents in 48160
Top Agents in York