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Milan 48160
76 W Phillips
Photo of 76 W Phillips
Sold on Jul 24, 2020

19

Map

Photo of 76 W Phillips
Photo of 76 W Phillips
$185,000
● House - Off Market

76 W Phillips

Milan, MI 48160
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,725 Ft²
$249,579
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Charming Ranch home located in the Heart of Milan. You will love the corner lot with huge deck right off the side door. Nice hardwood floors throughout, freshly painted, updated bath on main level, living room open to kitchen with new tile flooring, updated appliances. New windows, light fixtures. Plus, a huge bonus is the finished basement with family room and full bath. 2  car detached garage make this a move in ready home., Rec Room: Finished
Unit Size
1,725 Ft²
Days on Market
39 days
Land Size
0.17 acres
Price per sqft
$104
Property Type
House
Property Taxes
$271
HOA Dues
-
Year Built
1966

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 24 days ago (MichRIC MLS #51680)

Price History

Date / Event Date Event Price
Aug 21, 2020 Sold
Premium
Sold
Jun 15, 2020 Listed by Howard Hanna Real Estate $180,000
Listed by Howard Hanna Real Estate
Feb 21, 2017 Sold
Premium
Sold
Aug 12, 2016 Listed by Howard Hanna Real Estate $149,900
Listed by Howard Hanna Real Estate

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 925
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,187
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 925
  • Building Area: 925
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 925
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WANTY'S SUBDIVISION
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: OLD SID - 19 19-215-046-00 MI 30-46 LOT 46 WANTY'S SUBDIVISION.

Neighborhood

  • School District Name: Milan Area Schools
  • School Tax School District: MILAN
  • Census Tract: 421100

Zoning

  • Zoning: R1B

Geography

  • District: 19
  • Parcel: 19-19-35-155-013
  • Block: 155
  • Lot: 46
  • Meridian: SEC 35 TWN 4S RNG 6E
  • Municipality: MILAN CITY
  • Latitude: 42.092
  • Longitude: -83.6853

    Address

  • Full Address: 76 W Phillips Ave
  • Address - House Number: 76
  • Street Direction: W
  • Address - Street Name: Phillips
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Milan
  • Carrier Code: C001
  • 4-Digit Zip Code: 1048
  • Zip Code: 48160

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $331,124
  • Tax Rate Code Area: 19

    Appraisal Valuation

  • Standard Deviation: 0.1972
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 73
  • Final Value: 234,174
  • High Value: 280,355
  • Low Value: 187,992

    Market Valuation

  • Market Total Value: $183,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $91,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 22, 2020
  • Current Sale Recording Date: Aug 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6537999
  • Previous Sale Recording Date: Feb 21, 2017
  • Previous Sale Contract Date: Jan 31, 2017
  • Previous Sale Amount: $143,000
  • Previous Sale Document Type: 71
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

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MichRIC

Listed by: Debra Leutheuser, Howard Hanna Real Estate
Last Updated: 24 days ago
Data Source: MichRIC, MLS# 51680
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 76 West Phillips Avenue built and last sold?
The property at 76 West Phillips Avenue was built in 1966 and last sold on Jul 22, 2020 for $185,000.
How much is this home worth?
The estimated value of the home located at 76 West Phillips Avenue is $0.
What are some comparable homes to 76 West Phillips Avenue?
There are currently no comparable homes to 76 West Phillips Avenue.
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