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$330,000

Beds
3
Baths
2.5
sq ft
1,399

1116 Lee St, Milan, MI 48160

1116 Lee St

Milan, MI 48160

  • Coming soon
Charming all-brick ranch nestled in the heart of Milan. Fenced double lot adorned w/mature trees, offers both privacy & curb appeal. Enjoy updates incl '22 kitchen reno in a bright space for culinary adventures. HW floors grace the br, adding warmth and character. Fin basement, compl w/cozy fireplace, expds living space. A two-car garage ensures ample storage.Milan offers a unique blend of small-town charm and access to urban amenities. Enjoy community, abundant parks, and highly regarded schools. Easy access to US-23, Ann Arbor's cultural attractions, dining, and UM are just a short drive away. Milan provides a family-friendly envt w/local businesses and activities inc Music Festival & Wasem's Fruit Farm. Exp the relaxed pace of life and welcoming atmosphere that make Milan special.

Details

Property type

Single Family Residence

Est. home value

$292,190

Lot size

0.43 acres

Price per sq ft

$236

Year built

1955

Annual property taxes

$3,975

Price History

09/18/2014
Realcomp

Realcomp #543225102

Sold
$147,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Milan

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$174,657
Asking price
$330,000
Closing costs (~8% of asking)
-$26,400
Est. remaining loan balance
-$128,943
Cash to seller
$174,657

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fall Financial Group

Loan start date

December 2022

Original loan amount

$132,000

Est. remaining balance

$128,943

Interest rate

6.95%

Loan type

New Conventional, 30 year

Seller

John Stickradt and Susan Stickradt

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Coming Soon

Tomo last checked: 02/23/2025 at 6:05 PM

Listing updated: 02/22/2025 at 7:04 AM

Listed by: Denise Murray, Denise Murray, Denise J. MurrayDenise J. Murray Phone #: (734) 353-7444

MLS: Realcomp #81025006479

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