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Sold for $240,000
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  • $240,000

    1056 Phelps Ln, Milan, TN 38358

    4beds
    2,740sqft
    Single Family Residence
    Built in 1950
    1 Acres Lot
    $284,700 Zestimate®
    $88/sqft
    $2,155 Estimated rent

    Home value

    $284,700

    $270,000 - $299,000

    $2,155/mo

    Zestimate® history
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    What's special

    Brick Home for Sale in Milan, TN - You're gonna love the space & opportunities this property has to offer. One level home on the south side of town convenient to everything Milan. Updates to this property include: all new flooring throughout the main areas of house, new vanities and commodes in the bathrooms, new lighting; both overhead can lights and lighting fixtures. The Kitchen features new butcher-block countertops and a brand new farm-house sink with new faucet. All the windows in the home have been replaced within the last few years and a new roof was put on in 2022. Additionally, this home has an attached MIL suite (partially finished) with its own kitchenette, den, and bedroom; an excellent opportunity for additional income. Exterior features include new cedar shutters, nice landscaping, two driveways, a detached garage / workshop, and an expansive back patio. This home checks so many boxes! What a great deal! Should qualify for many loan types including FHA, VA, and RD.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bradley V Arnold,

    Southern LifeStyle Properties

    Bought with:

    Bradley V Arnold, 277769

    Southern LifeStyle Properties

    Source: CWTAR,MLS#: 242560MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Level: Main
    • Area: 165
    • Dimensions: 11 x 15
    Bedroom
    • Level: Main
    • Area: 154
    • Dimensions: 14 x 11
    Bedroom
    • Level: Main
    • Area: 187
    • Dimensions: 11 x 17
    Bedroom
    • Level: Main
    • Area: 143
    • Dimensions: 13 x 11
    Kitchen
    • Level: Main
    • Area: 336
    • Dimensions: 28 x 12
    Living room
    • Level: Main
    • Area: 378
    • Dimensions: 14 x 27
    Heating
    • Forced Air
    Cooling
    • Ceiling Fan(s), Central Air, Electric
    Appliances
    • Included: Convection Oven, Dishwasher, Gas Water Heater, Microwave, Oven, Self Cleaning Oven, Water Heater
    • Laundry: Washer Hookup
    Features
    • Blown/Textured Ceilings, Breakfast Bar, Butcher Block Counters, Eat-in Kitchen, Entrance Foyer, Single Vanity, Tub Shower Combo, Other
    • Flooring: Carpet, Laminate
    • Windows: Blinds, Vinyl Frames
    • Basement: Crawl Space
    • Has fireplace: Yes
    • Fireplace features: Factory Built, Gas Log
    Interior area
    • Total structure area: 2,740
    • Total interior livable area: 2,740 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Carport
    • Has garage: Yes
    • Has carport: Yes
    Features
    • Levels: One
    • Patio & porch: Patio, Porch, Screened
    • Exterior features: Rain Gutters
    Lot
    • Size: 1 Acres
    • Dimensions: 190 x 230
    Details
    • Parcel number: 009.00
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick, Vinyl Siding
    • Roof: Shingle
    Condition
    • false
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Fire Alarm
    Location
    • Region: Milan
    • Subdivision: None

    Other

    Other facts
    • Listing terms: Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/31/2026Listing removed$289,900$106/sqft
    Source: CWTAR #2505622 Report a problem
    5/6/2026Listing removed$2,200$1/sqft
    Source: Zillow Rentals Report a problem
    3/18/2026Listed for rent$2,200-12%$1/sqft
    Source: Zillow Rentals Report a problem
    12/8/2025Listing removed$2,500$1/sqft
    Source: Zillow Rentals Report a problem
    12/1/2025Listed for sale$289,900+20.8%$106/sqft
    Source: CWTAR #2505622 Report a problem
    10/8/2025Listed for rent$2,500-7.4%$1/sqft
    Source: Zillow Rentals Report a problem
    10/26/2024Listing removed$2,700$1/sqft
    Source: Zillow Rentals Report a problem
    10/21/2024Listed for rent$2,700-1.8%$1/sqft
    Source: Zillow Rentals Report a problem
    10/12/2024Listing removed$2,750$1/sqft
    Source: Zillow Rentals Report a problem
    9/10/2024Listed for rent$2,750$1/sqft
    Source: Zillow Rentals Report a problem
    7/9/2024Sold$240,000-7.7%$88/sqft
    Source: CWTAR #242560 Report a problem
    6/12/2024Pending sale$259,900$95/sqft
    Source: CWTAR #242560 Report a problem
    6/6/2024Listed for sale$259,900+56.1%$95/sqft
    Source: CWTAR #242560 Report a problem
    7/22/2021Sold$166,500+28.6%$61/sqft
    Source: Public Record Report a problem
    4/23/2013Sold$129,500$47/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,003 $56,900
    2024$2,003 +0.3%$56,900 +38.6%
    2023$1,997 +1.5%$41,050
    2022$1,968 -1.4%$41,050
    2021$1,997 $41,050
    2020$1,997 $41,050
    2019$1,997 +22.4%$41,050 +13.2%
    2018$1,632 +0%$36,275
    2017$1,631 +58%$36,275
    2016$1,032 -33.3%$36,275
    2015$1,546 $36,275
    2014$1,546 -3.4%$36,275 -4.1%
    2013$1,601 +2.9%$37,825 0%
    2011$1,556 $37,832
    2010$1,556 +5.7%$37,832
    2009$1,473 $37,832
    2008-- $37,832 +11.5%
    2007$1,357 +1.3%$33,922
    2006$1,340 -0.8%$33,922
    2005$1,350 -3.2%$33,922
    2004$1,394 +18.7%$33,922 +18.7%
    2002$1,175 $28,580
    2001-- $28,580 -75%
    2000-- $114,321

    Find assessor info on the county website

    Neighborhood: 38358

    Nearby schools

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