RENTED MAY 2, 2025

131 N Lafayette St South Lyon, MI 48178

1 Bed
1 Bath
3,200 Sq Ft
3,485 Sq Ft Lot

About This Home

As of May 2025

Located in the heart of downtown South Lyon—one of Michigan's fastest-growing cities—this stunning apartment blends historic charm with modern comfort. Featuring exposed brick walls, rich hardwood floors, and large windows that offer picturesque views of the vibrant small town, this space is as inviting as it is unique. Just steps away from a variety of top-rated restaurants, coffee shops, and local boutiques, you'll enjoy the convenience of walkable city living while still experiencing a warm, community atmosphere. With ample natural light, a spacious layout, and a location that puts you at the center of it all, this is the perfect place to call home.

Last Agent to Rent the Property

Tjader Gerdom

GRI Homes for Today License #6502367710 Listed on: 12/13/2024

Last Renter's Agent

Tjader Gerdom

GRI Homes for Today License #6502367710 Listed on: 12/13/2024

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,135

Year Built

  • 1890

Lot Details

  • 3,485 Sq Ft Lot
  • Historic Home

Parking

  • On-Street Parking

Home Design

  • 3,200 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 131 Lafayette Condos

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,135

Year Built

1890

Lot Details

0

Listing Details

  • Property Sub-Type: Apartment
  • Property Type: Residential Lease
  • ArchitecturalStyle: Historic
  • ResoPropertyType: ResidentialLease
  • Location Property Info:Property Sub-Type: Apartment
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 3200.0
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Location Property Info:Vacation Rental: No
  • Location Property Info:AptCondo Cmplx Name: 131 Lafayette
  • General Property Info Garage YN: No
  • Pet Details No2: Yes
  • Architectural Style Historic: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Interior Features

  • Fireplace: No
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 3200.0

Exterior Features

  • List Price: 1795.0
  • Waterfront: No

Garage/Parking

  • Garage: No
  • General Property Info:Parking: On Street

Utilities

  • Heating: Forced Air
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3485.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2008
Sold by
37000 Grand River Associates Llc
Bought by
Ridge Manor Enterprises Llc

Purchase Details

Closed on
Feb 8, 2000
Sold by
Andrea D Phillips Tr
Bought by
37000 Grand River Associates

Purchase Details

Closed on
May 13, 1998
Sold by
Phillips Richard M
Bought by
Andrea D Phillips Tr
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ridge Manor Enterprises Llc -- None Available
37000 Grand River Associates -- --
Andrea D Phillips Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ridge Manor Enterprises Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Rented $2,250 +25.3% --
03/03/2025 03/03/25 Price Changed $1,795 -28.2% $1 / Sq Ft
12/13/2024 12/13/24 For Rent $2,500 +78.6% --
11/11/2019 11/11/19 Rented $1,400 -30.0% --
08/13/2019 08/13/19 For Rent $2,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,135 $213,280 $0 $0
2023 $5,784 $206,190 $0 $0
2022 $5,567 $183,180 $0 $0
2021 $5,326 $175,760 $0 $0
2020 $5,188 $169,410 $0 $0
2019 $5,237 $162,290 $0 $0
2017 $5,089 $153,630 $0 $0
2015 -- $140,440 $0 $0
2014 -- $168,050 $0 $0
2011 -- $191,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24062913

Southwestern Michigan Association of REALTORS®

APN: 21-19-477-015