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718 Jefferson Ln

Milan, MI 48160

4 bd 3 ba 1,864 sqft Built 2022 Lot 5,227 sqft single_family
Most recent sale
$63,000
Nov 5, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 14, 2023 Sold $322,900 Realcomp
Dec 24, 2022 Price changed $324,900 ConsolidatedBuilderFeed
Dec 22, 2022 Price changed $324,900 Realcomp
Nov 17, 2022 Price changed $339,900 ConsolidatedBuilderFeed
Nov 15, 2022 Price changed $339,900 Realcomp
Oct 19, 2022 Price changed $349,900 ConsolidatedBuilderFeed
Oct 17, 2022 Price changed $349,900 Realcomp
Sep 30, 2022 Listed $359,900 Realcomp
Sep 18, 2022 Listed $359,900 MLS #UTV013
Sep 13, 2022 Price changed $359,900 MLS #2220021305
Aug 23, 2022 Price changed $369,900 MLS #2220021305
Jun 7, 2022 Price changed $389,900 MLS #2220021305
May 18, 2022 Price changed $399,900 MLS #2220021305
Mar 29, 2022 Listed $404,900 MLS #2220021305
Nov 5, 2021 Sold $63,000 Public Record
Feb 17, 2015 Sold $270,000 Public Record
Apr 16, 2014 Listing removed $9,750 AnnArbor
Feb 27, 2014 Listed $9,750 MLS #3219674

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $172,200 $7,207
2024 $172,200 $8,293
2023 $142,800 $7,295
2022 $25,000 $1,748
2021 $17,200 $351
2020 $16,500 $609
2019 $16,800 $599
2018 $6,800 $621
2017 $6,300 $726
2016 $6,100 $726
2015 $4,750 $608
2014 $5,500 $696
2013 $5,600 $706
2012 $6,300 $750
2011 $10,300 $800
2010 $12,300 $903
2009 $13,300 $951
2008 $15,300 $559
2007 $15,300 $547

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,864 sqft
Lot size
5,227 sqft
ZIP code
48160
City
Milan
Street
Jefferson Ln
Coordinates
42.09931, -83.68247

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$378
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 718 Jefferson Ln last sell?
718 Jefferson Ln most recently sold on Nov 5, 2021 for $63,000.
What is the current tax assessment for 718 Jefferson Ln?
The most recent total assessment for 718 Jefferson Ln (year 2025) is $172,200 with $7,207 in property tax.
How does 718 Jefferson Ln's assessment compare to its last sale price?
The current assessment is 173.3% above the last sale price of $63,000.
When was 718 Jefferson Ln built?
718 Jefferson Ln was built in 2022.
How does 718 Jefferson Ln compare to others on Jefferson Ln?
We track 8 other properties on Jefferson Ln. Browse the list under "Other properties on Jefferson Ln" to compare beds, baths, and sale history.
What are the property facts for 718 Jefferson Ln?
718 Jefferson Ln is a 4 bed, 3 bath, 1,864 sqft, 5,227 sqft lot single_family.
Is 718 Jefferson Ln a flip candidate?
Yes — 718 Jefferson Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 718 Jefferson Ln a tax-appeal candidate?
No — 718 Jefferson Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.8%
Implied 1-yr
-3.1%
2026 Q3
$274.5K
2026 Q4
$272.3K
ZIP 48160 — Median Price History + Forecast

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