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Milan 48160
849 Bobwhite
$325,000
● House - Off Market

849 Bobwhite

Milan, MI 48160
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,792 Ft²
$343,942
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

This is one stunning ranch that you do not want to miss.  Built in 2015, this open concept home has it all. This beautiful ranch has hickory hardwood floors, granite countertops, a giant kitchen island, and gas fireplace.  Three spacious bedrooms with two full bathrooms provided all the space needed. Full unfinished basement with egress windows is ready to be finished and made in the basement of your dreams. This lovely home also features Hunter Douglas custom blinds, a stamped concrete patio, fenced in backyard, and sprinkler system.  Located close to Downtown Milan and easy access to US23.,   Primary Bath
Unit Size
1,792 Ft²
Days on Market
91 days
Land Size
0.28 acres
Price per sqft
$181
Property Type
House
Property Taxes
$533
HOA Dues
-
Year Built
2014

Payment Calculator

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Cap Rate Calculator

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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 #23091072)

Price History

Date / Event Date Event Price
Jan 18, 2023 Sold
Premium
Sold
Oct 11, 2022 Listed by Howard Hanna RE Services $324,900
Listed by Howard Hanna RE Services
Aug 17, 2018 Sold
Premium
Sold
Jul 12, 2018 Listed by Howard Hanna RE Services $264,000
Listed by Howard Hanna RE Services

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 401

Neighborhood

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

Geography

  • District: 53
  • Parcel: 53 035 055 00
  • Municipality: CITY OF MILAN
  • Latitude: 42.071
  • Longitude: -83.6778

    Address

  • Full Address: 849 Bobwhite Ln
  • Address - House Number: 849
  • Address - Street Name: Bobwhite
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Milan
  • Carrier Code: C003
  • 4-Digit Zip Code: 1571
  • Zip Code: 48160

Valuation

    Tax

  • Tax Year: 2016
  • Tax Amount: $0

    Appraisal Valuation

  • Valuation Date: Jan 01, 1900

    Market Valuation

  • Market Total Value: $221,800

    Assessments Valuation

  • Assessed Year: 2018
  • Assessed Total Value: $110,900
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: Donald Wurtzel, Howard Hanna RE Services
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 23091072
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 849 Bobwhite Lane built and last sold?
The property at 849 Bobwhite Lane was built in 2014 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 849 Bobwhite Lane is $324,994.
What are some comparable homes to 849 Bobwhite Lane?
There are currently no comparable homes to 849 Bobwhite Lane.
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