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Sold for $40,000
  • $40,000

    1089 Phelps Ln, Milan, TN 38358

    2beds
    1,004sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $108,900 Zestimate®
    $40/sqft
    $1,143 Estimated rent

    Home value

    $108,900

    $79,000 - $142,000

    $1,143/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $1,143/mo

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    $1,143/mo

    Rent Zestimate®

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    $192/mo

    Est. payment

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    $192/mo

    Est. payment

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    What's special

    Available March 1st!! This newly renovated home is move in ready and for its new tenant! Centrally located in the heart of Milan, this home is seconds away from all the shopping and fast food amenities. With a 1 year lease, this property will rent for $1250/mo. and a $1000 deposit along with first months's rent is due at signing. Minimum of 3 X rental amount in bring home income is required, a 580 credit score, no evictions in the past 7 years. You must fill out the application thru Zillow and be pre-approved before we will schedule a showing! Tenant responsible for all utilities & normal maintenance to the property including lawn care, pest control, changing of filters & light bulbs and anything else considered normal maintenance. Tenant responsible for all utilities & normal maintenance to the property including lawn care, pest control, changing of filters & light bulbs and anything else considered normal maintenance.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Refrigerator, WD Hookup
    • Laundry: Hookups
    Features
    • WD Hookup
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 1,004 sqft

    Property

    Parking
    • Parking features: Off Street
    • Details: Contact manager
    Features
    • Exterior features: Heating system: Forced Air, No Utilities included in rent
    Details
    • Parcel number: 140NE00300000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & neighborhood

    Location
    • Region: Milan

    HOA & financial

    Other fees
    • Deposit fee: $1,000

    Other

    Other facts
    • Available date: 03/01/2026

    Price history

    DateEventPrice
    2/28/2026Listing removed$1,250$1/sqft
    Source: Zillow Rentals Report a problem
    2/26/2026Listed for rent$1,250$1/sqft
    Source: Zillow Rentals Report a problem
    11/24/2025Sold$40,000+22.6%$40/sqft
    Source: Public Record Report a problem
    2/19/2020Sold$32,626-36%$32/sqft
    Source: Public Record Report a problem
    1/22/2020Listed for sale--
    Source: Auction.com Report a problem
    1/20/2018Sold$51,000-7.1%$51/sqft
    Source: Public Record Report a problem
    8/9/2017Listed for sale$54,900$55/sqft
    Source: L A Realty,LLC #179003 Report a problem
    6/28/2017Listing removed$54,900$55/sqft
    Source: L A Realty,LLC #175670 Report a problem
    12/27/2016Listed for sale$54,900+83%$55/sqft
    Source: L A Realty,LLC #175670 Report a problem
    10/5/2016Sold$30,000$30/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$607 $17,250
    2024$607 +17.8%$17,250 +62.7%
    2023$516 +1.5%$10,600
    2022$508 -1.4%$10,600
    2021$516 $10,600
    2020$516 -20.2%$10,600 -20.2%
    2019$646 +5.6%$13,275 -2.4%
    2018$612 0%$13,600
    2017$612 +58.1%$13,600
    2016$387 -33.2%$13,600
    2015$580 $13,600
    2014$580 -0.7%$13,600 -1.4%
    2013$584 +2.9%$13,800
    2011$568 $13,800
    2010$568 +5.7%$13,800
    2009$537 $13,800
    2008-- $13,800 +5.1%
    2007$525 +1.3%$13,130
    2006$519 -0.8%$13,130
    2005$523 -3.2%$13,130
    2004$540 +24.7%$13,130 +24.8%
    2002$433 $10,525
    2001-- $10,525 -75%
    2000-- $42,100

    Find assessor info on the county website

    Neighborhood: 38358

    Nearby schools

    GreatSchools rating