Sold in 38 Days

725 Jefferson Ln, Milan, MI, 48160

Closed On : Tue Apr 02 2024

$420,000

Sold At Asking

List Price : $420,000
0.13 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Comparable Homes

Price Details

Housing Market Comparison

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

Med. Sold Price

$299.9K

Med. Price/SqFt

$179

Avg. Days On Market

20

# of Sold Homes

4

725 Jefferson Ln vs Milan

68 DAYS ON ROCKET

+48 Days

$420,000

+$120K More

KEY TAKEAWAY

This property is $120K more than the Median Sold Price in Milan, MI.

Based on homes sold in the last 12 months

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/29/2024, 12:25:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$599$17,200
2020$621$16,500
2019$726$16,800
2018$727$6,800
2017$608$6,300

History based on county public records data.

Payment Calculator

$2,164

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,326

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NMLS#3030

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.

Elementary School

school-card-donut-2744979
6
/10
  • Clayton H. Symons Elementary School

  • 432 S Platt Rd

  • 1.61 miles

  • Public District Grades 3-5

Middle School

school-card-donut-2744980
4
/10
  • Milan Middle School

  • 920 North St

  • 0.48 miles

  • Public District Grades 6-8

High School

school-card-donut-2744981
6
/10
  • Milan High School

  • 200 Big Red Dr

  • 1.78 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,986. Most Milan, MI residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesMichiganMonroe CountyMilan48160725 Jefferson Ln

Over 2 listings were sold over their listed price in March 2024 in Milan, MI. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price. The inventory of homes for sale in Milan, MI between February 2024 and March 2024 decreased by 7.7%. The median list price of listings available in March 2024 was $299,999, while the average time on the real estate market was 20 days.

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

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