Listing Courtesy of: Doretha Hoke - Divine Homes & Investments 980-272-0079 704-201-3994
For Sale

1406 Milan Road Charlotte, NC 28216

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Single Family Residence
3 Beds
1 Baths
964 Sq. Ft.
0.22 Acre Lot

Property Activity

Time on Site
20 days
Days on Market
Views
14
Saves
0
Last updated on 1/1/2025 3:43 PM
A modest tenant occupied ranch with 3 bedrooms ranch is ready for an upgrade. It would be a great addition to a portfolio as there are tenants in place that desire to stay or for first time home buyer wanting to put some personal stamps on the home. There’s a flat yard and carport to keep you dry ...on those rainy days. The sellers would be open to selling both this home and 1314 Milan as a package. Please do not disturb the tenants. Schedule your appointment today! Continue reading
MLS#
4206975
Property Type
Single Family
Bedrooms
3
Bathrooms
1 Full
Year Built
1974
Square Feet
964 sq. ft
Lot Size
0.22
Stories
1.0
Sewer
Public Sewer

Price History for 1406 Milan Rd

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Price History provides changes in price over time for the specified property, where available.

Event Date Price Change Source
Listed12/13/2024$265,000MLS
Sold7/6/2015$47,500Public Records
Sold10/16/2002$57,900MLS
No records for the selected period of time.
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Source: Xome Licensing (Xome CT LLC via, in part, its MLS licenses).
Data through 1/2/2025.

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Tax History for 1406 Milan Rd

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Year Property Taxes Change Tax Assessment Change
2024$1,296
-23.99%
-23.99%$176,700
-
-
2023$1,705
$176,700
No records available.
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Data sourced from public records, where available.

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Rental Valuation Estimate for 1406 Milan Rd

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$1,000
Low Range
$1,400
High Range
$1,200
Rental Value i map pin
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Average Rental Price
i
Average Rental Price: The average estimated monthly rental price, calculated based on similar properties. (It doesn't consider a property's specific condition or renovations.)
$1,807 Per Month
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Average Rental Trend
i
Average Rental Trend: The change of the estimated average monthly rental price over the past 12 months, calculated based on similar properties. (It doesn't consider a property's specific condition or renovations.)
-1%
Last 12 months
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Vacancy Rate
i
Vacancy Rate: The vacancy percentage, based on the number of available rental properties in the area over the past 12 months, calculated based on similar properties. (It doesn't consider a property's specific condition or renovations.)
6%
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Xome ValueSM Disclosure

The Xome Value displayed in connection with a property is computer-generated by the application of various proprietary mathematical formulas and techniques using currently available local market, licensed and proprietary data. The displayed Xome Value is not prepared or provided by a licensed appraiser, does not constitute an appraisal of the subject property, and should not be relied upon as such. Data used to generate the Xome Value does not include information that could be derived from a visible inspection of the subject property and its surroundings. The condition of a property can materially affect the accuracy of a property's Xome Value. The data, and information derived from such data, in a Xome Value is provided on an "AS AVAILABLE" and "AS IS" basis and is provided for informational purposes only. Although we have attempted to provide reliable data and use reliable methodologies in providing a property's Xome Value, Xome Inc., its affiliates and their respective members, directors, officers and employees make no representations or warranties regarding the accuracy of a property's Xome Value on any specific date and expressly disclaim the obligation to update such value. All uses of the Xome Value are at the user's sole risk, and shall be for personal, non-commercial use and for no other purpose. Xome Inc., its affiliates and their respective members, directors, officers and employees are not liable for the accuracy of a property's Xome Value or any information related thereto. Your use of Xome Value must in all cases comply with all applicable laws and regulations.

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Comparable Home Sales for 1406 Milan Rd

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Comparable nearby sales are a major factor used by the Xome Value® to estimate the value of a home.

Location error icon Sorry, no content was found for this location. There are no nearby comparable home sales.
# Address List Price List Date Sold Price Sold Date Beds Baths Sqft Price/Sqft Mobile Summary Mobile Price
Orange marker 1406 Milan Rd, Charlotte, NC 28216 3 1 964 1406 Milan Rd, Charlotte, NC 28216
3 Bd | 1 Ba | 964 Sqft | $275/Sqft
# Address List Price List Date Sold Price Sold Date Beds Baths Sqft Price/Sqft Mobile Summary Mobile Price
numbered circular icon #11301 Milan Road, Charlotte, NC 28216----$225,00012/20/202431996$226/Sqft1301 Milan Road, Charlotte, NC 28216
3 Bd | 1 Ba | 996 Sqft | $226/Sqft
$225,000
Sold: 12/20/2024
numbered circular icon #21308 Milan Road, Charlotte, NC 28216----$230,0002/10/2023311,003$229/Sqft1308 Milan Road, Charlotte, NC 28216
3 Bd | 1 Ba | 1,003 Sqft | $229/Sqft
$230,000
Sold: 2/10/2023
numbered circular icon #3818 Dedmon Drive, Charlotte, NC 28216----$245,00010/29/202431936$262/Sqft818 Dedmon Drive, Charlotte, NC 28216
3 Bd | 1 Ba | 936 Sqft | $262/Sqft
$245,000
Sold: 10/29/2024
numbered circular icon #41303 Crandon Drive, Charlotte, NC 28216----$251,50012/19/202432988$255/Sqft1303 Crandon Drive, Charlotte, NC 28216
3 Bd | 2 Ba | 988 Sqft | $255/Sqft
$251,500
Sold: 12/19/2024
numbered circular icon #5830 Capps Hill Mine Road, Charlotte, NC 28216----$245,00012/10/2024311,168$210/Sqft830 Capps Hill Mine Road, Charlotte, NC 28216
3 Bd | 1 Ba | 1,168 Sqft | $210/Sqft
$245,000
Sold: 12/10/2024
numbered circular icon #6805 Dedmon Drive, Charlotte, NC 28216----$225,00011/17/2023311,172$192/Sqft805 Dedmon Drive, Charlotte, NC 28216
3 Bd | 1 Ba | 1,172 Sqft | $192/Sqft
$225,000
Sold: 11/17/2023
numbered circular icon #7610 Milan Road E, Charlotte, NC 28216----$250,00012/16/2024311,090$229/Sqft610 Milan Road E, Charlotte, NC 28216
3 Bd | 1 Ba | 1,090 Sqft | $229/Sqft
$250,000
Sold: 12/16/2024
numbered circular icon #81007 Dedmon Drive, Charlotte, NC 28216----$230,0002/24/2023311,025$224/Sqft1007 Dedmon Drive, Charlotte, NC 28216
3 Bd | 1 Ba | 1,025 Sqft | $224/Sqft
$230,000
Sold: 2/24/2023
numbered circular icon #93753 Capps Hill Drive, Charlotte, NC 28216----$270,00012/18/2024321,085$249/Sqft3753 Capps Hill Drive, Charlotte, NC 28216
3 Bd | 2 Ba | 1,085 Sqft | $249/Sqft
$270,000
Sold: 12/18/2024
numbered circular icon #103701 Firestone Drive, Charlotte, NC 28216----$259,0003/5/2024321,270$204/Sqft3701 Firestone Drive, Charlotte, NC 28216
3 Bd | 2 Ba | 1,270 Sqft | $204/Sqft
$259,000
Sold: 3/5/2024
Empty Column Median Label List Price List Date Sold Price Sold Date Beds Baths Sqft Price/Sqft Mobile Summary Mobile Price
invisible placeholder imageMedian Comparables$245,00011/19/2024311,055$228/Sqft
Median Comparables
3 Bd | 1 Ba | 1,055 Sqft | $228/Sqft
$245,000
Sold: 11/19/2024
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The Comparable Home Sales chart is produced by analyzing a data set that contains the last 5 years of property sales within 3 miles of the subject property. Each property in this data set is analyzed on multiple factors such as square footage, bedrooms, bathrooms, lot size and more to arrive at a 'Relevance Score.' Comparable properties are then ordered from most similar to least similar for comparison purposes.

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Nearby Schools for 1406 Milan Rd

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Public Schools

Rating School Name Grades Distance
2 Oakdale Elementary K-5 1.57 mi
3 West Charlotte High 9-12 1.87 mi
3 Ranson Middle 6-8 1.96 mi
No records found.

Private Schools

Rating School Name Grades Distance
NR Berean Junior Academy K-8 0.85 mi
NR Brisbane Academy K-12 1.86 mi
NR New Life Christian Academy K-6 2.89 mi
No records found.
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Data provided by GreatSchools.org

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Source: Walk Score®

Area Statistics

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People

Zip City County National
Population 51,205 864,871 1.10M 329.73M
Population Density 1,712 2,821 2,102 93
People per Household 2.3 2.5 2.5 2.6
Median Age 36.1 34.5 35.4 38.4
Median Household Income $53,462 $68,367 $73,124 $69,021
Average Income $30,330 $43,080 $43,919 $37,638

Economy

Zip City County National
Unemployment 3.10 % 3.10 % 3.10 % 3.20 %
Recent Job Growth 1.94 % 1.94 % 1.94 % 1.40 %
Future Job Growth 54.73 % 54.73 % 54.73 % 42.20 %
Sales Tax 7.25 % 7.25 % 7.25 % 7.02 %
Income Tax 4.99 % 4.99 % 4.99 % 22.00 %
Cost of Living Index 99 106 110 100

Environment

Zip City County National
Altitude 745 761 688 2443
Rainfall (inches annually) 42.2 43.1 43.0 38.1
Snowfall (inches annually) 1.9 2.3 2.3 27.8
January Avg. Low Temp 29.4 30.0 29.9 21.7
July Avg. High Temp 89.2 89.7 89.7 85.8
Days of Precipitation Annually 105 104 105 106
Days Mostly Sunny Annually 214 218 214 205
Comfort Index (during hot weather) 7 7 7 7
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Source: Sperling's Best Places

Median Sales Price/Sq.Ft. in 28216

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Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property values over time in the selected area. Using the price per square foot can help you estimate a properties' market value.

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The median price represents a midpoint for property values in the market — half of the properties sold for a higher price and half sold for lower. The median value (as opposed to average) is used so that extreme sales prices, both high and low, don't skew the interpretation of where property values in a market are heading.

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Months of Supply in 28216

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This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.

Show: For Sale and Sold
Months of Supply
For Sale
Sold
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Source: Xome Licensing (Xome CT LLC via, in part, its MLS licenses). Data through 1/1/2025.

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Rental Valuation Estimate

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$1,200 Per Month
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Listing Courtesy of: Doretha Hoke - Divine Homes & Investments 980-272-0079 704-201-3994

Andrea Conner, License #298336, Xome Inc., License #C24582, AndreaD.Conner@Xome.com, 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


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Data is obtained from various sources, including the Internet Data Exchange program of Canopy MLS, Inc. and the MLS Grid and may not have been verified. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. The listing broker, Canopy MLS Inc., MLS Grid, and Xome Inc. shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. Data provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information and may be listed or sold by various participants in the MLS. Copyright 2025 Canopy MLS, Inc. All rights reserved. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with this website or services infringes your copyright, you (or your agent) may send a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.

This content last refreshed on 1/1/2025 3:43 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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