487 Main St
Milan, MI 48160
4 bd 1 ba 1,152 sqft Built 1954 Lot 7,405 sqft single_family
Most recent sale
$215,000
Oct 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 14, 2022 | Sold | $215,000 | MLS #3289866 |
| Jul 27, 2022 | Listed | $205,000 | MLS #3289866 |
| Jul 29, 2013 | Sold | $68,700 | Public Record |
| Jun 13, 2013 | Listed | $105,000 | MLS #3213936 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $72,500 | $1,982 |
| 2020 | — | — | $66,600 | $2,326 |
| 2019 | — | — | $59,900 | $2,271 |
| 2018 | — | — | $55,300 | $2,323 |
| 2017 | — | — | $53,100 | $2,240 |
| 2016 | — | — | $52,000 | $2,214 |
| 2015 | — | — | $45,800 | $2,104 |
| 2014 | — | — | $40,800 | $1,874 |
| 2013 | — | — | $35,800 | $1,521 |
| 2012 | — | — | $34,000 | $1,508 |
| 2011 | — | — | $40,300 | $1,764 |
| 2010 | — | — | $42,400 | $1,862 |
| 2009 | — | — | $45,900 | $2,016 |
| 2008 | — | — | $58,800 | $1,706 |
Property facts
Year built
1954
Property type
single_family
Stories
2
Beds
4
Baths
1
Living area
1,152 sqft
Lot size
7,405 sqft
ZIP code
48160
City
Milan
Street
Main St
Coordinates
42.08909, -83.69480
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,728
Gross rental yield
9.64%
Implied cap rate
6.27%
Trend-extrapolated value
—
Frequently asked questions
When did 487 Main St last sell?
487 Main St most recently sold on Oct 14, 2022 for $215,000.
What is the current tax assessment for 487 Main St?
The most recent total assessment for 487 Main St (year 2021) is $72,500 with $1,982 in property tax.
How does 487 Main St's assessment compare to its last sale price?
The current assessment is 66.3% below the last sale price of $215,000.
When was 487 Main St built?
487 Main St was built in 1954.
How does 487 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 487 Main St?
487 Main St is a 4 bed, 1 bath, 1,152 sqft, 7,405 sqft lot single_family.
Is 487 Main St a flip candidate?
No — 487 Main St does not appear in our flips dataset.
Is 487 Main St a tax-appeal candidate?
No — 487 Main St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.8%
Implied 1-yr
-3.1%
2026 Q3
$274.5K
2026 Q4
$272.3K
ZIP 48160 — Median Price History + Forecast
Explore nearby
Other properties on Main St