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524 Lee St

Milan, MI 48160

2 bd 1 ba 919 sqft Built 1938 Lot 10,454 sqft single_family
Most recent sale
$215,000
Mar 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 28, 2022 Sold $215,000 MLS #3285969
Feb 12, 2022 Listed $199,000 MLS #3285969
Feb 26, 2018 Sold $124,000 Public Record
Oct 26, 2017 Sold $95,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $65,500 $2,626
2020 $60,700 $3,081
2019 $58,100 $3,009
2018 $49,900 $2,707
2017 $45,700 $1,759
2016 $44,400 $1,738
2015 $38,600 $1,652
2014 $36,600 $1,471
2013 $31,700 $1,378
2012 $30,800 $1,366
2011 $42,400 $1,855
2010 $45,800 $1,954
2009 $50,200 $2,009
2008 $62,500 $1,699

Property facts

Year built
1938
Property type
single_family
Stories
Beds
2
Baths
1
Living area
919 sqft
Lot size
10,454 sqft
ZIP code
48160
City
Milan
Street
Lee St
Coordinates
42.08902, -83.67779

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,379
Gross rental yield
7.70%
Implied cap rate
5.00%
Trend-extrapolated value

Frequently asked questions

When did 524 Lee St last sell?
524 Lee St most recently sold on Mar 28, 2022 for $215,000.
What is the current tax assessment for 524 Lee St?
The most recent total assessment for 524 Lee St (year 2021) is $65,500 with $2,626 in property tax.
How does 524 Lee St's assessment compare to its last sale price?
The current assessment is 69.5% below the last sale price of $215,000.
When was 524 Lee St built?
524 Lee St was built in 1938.
How does 524 Lee St compare to others on Lee St?
We track 8 other properties on Lee St. Browse the list under "Other properties on Lee St" to compare beds, baths, and sale history.
What are the property facts for 524 Lee St?
524 Lee St is a 2 bed, 1 bath, 919 sqft, 10,454 sqft lot single_family.
Is 524 Lee St a flip candidate?
No — 524 Lee St does not appear in our flips dataset.
Is 524 Lee St a tax-appeal candidate?
No — 524 Lee St 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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