NOT LISTED FOR SALE

348 University Ave South Lyon, MI 48178

Estimated Value: $302,000 - $319,000

3 Beds
1 Bath
1,314 Sq Ft
$237/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $266,000 $202 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,128/month

28 Days on Market

Highlights

  • Ranch Style House
  • Ground Level Unit
  • 2 Car Detached Garage
  • Sayre Elementary School Rated A-
  • No HOA
  • Forced Air Heating System

About This Home

As of September 2022

Great opportunity for future owners. This larger then average ranch provides over 1300 square feet with an additional 1300 unfinished. Desired layout with both a Living Room and Family Room. The Family Room features a gas fireplace. Kitchen offers an open layout opening to the Family Room. Large, fenced back yard with nice privacy. Huge detached 2 car garage with plenty of room for a workshop. This home has so much to offer with so much opportunity. Easy walk into town to enjoy all of the charm of South Lyon. Award winning South Lyon schools. Kitchen cabinets and fixtures in basement for remodel that was never finished. Brand new carpet for a bedroom in basement that needs to be installed.

Last Agent to Sell the Property

Jeffrey Briggs

RE/MAX Platinum License #6501401797 Listed on: 08/16/2022

RE/MAX Platinum

Last Buyer's Agent

Jeffrey Myslinski

Downriver Homes LLC License #6501441231

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1975

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60.00 x 131.00
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • 1,314 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Meadow Valley Sub No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2130407015

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,257

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 3.00
  • Year Built: 1975
  • State Equalized Value: 106630.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Furnished - No
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1314
  • Total Sq Ft: 1314
  • Sq Ft Total Bsmt: 1314

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 60
  • Road Frontage Type: Paved
  • Fencing: Back Yard

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.20
  • Lot Dimensions: 60.00 x 131.00
  • Parcel Number: 2130407015

Tax Info

  • Tax Amount Summer: 5177.0000
  • Tax Amount Winter: 80.0000
  • Total Tax: 5257.0000
  • Taxable Value: 90610.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2022
Closed on
Sep 19, 2022
Sold by
Eva Schultz Living Trust
Bought by
Myslinski Barbara Jean
Seller's Agent
Jeffrey Briggs
RE/MAX Platinum
Buyer's Agent
Jeffrey Myslinski
Downriver Homes LLC
List Price
$264,500
Sold Price
$266,000
Premium/Discount to List
$1,500
0.57%
Views
20
Current Estimated Value
$312,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,016
Avg. Annual Appreciation
4.79%
Original Mortgage
$212,800
Outstanding Balance
$205,393
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$99,126

Purchase Details

Listed on
Jul 13, 2017
Closed on
Jul 26, 2017
Sold by
Leonard S Gardner Revocable Trust and Russano Shari
Bought by
Eva Schultz Living Trust
Seller's Agent
Julie Tucker
KW Realty Livingston
Buyer's Agent
Jeffrey Briggs
RE/MAX Platinum
List Price
$184,900
Sold Price
$192,600
Premium/Discount to List
$7,700
4.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
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
Myslinski Barbara Jean $266,000 Select Title
Eva Schultz Living Trust $192,600 Cislo Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myslinski Barbara Jean $212,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $266,000 +0.6% $202 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
08/16/2022 08/16/22 For Sale $264,500 +37.3% $201 / Sq Ft
07/26/2017 07/26/17 Sold $192,600 +4.2% $147 / Sq Ft
07/16/2017 07/16/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $184,900 -- $141 / Sq Ft
Source: Realcomp

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 $5,040 $129,670 $0 $0
2023 $4,729 $118,470 $0 $0
2022 $5,502 $110,220 $0 $0
2021 $5,257 $106,630 $0 $0
2020 $5,121 $101,660 $0 $0
2019 $3,575 $93,500 $0 $0
2018 $3,482 $85,650 $0 $0
2017 $2,383 $84,320 $0 $0
2016 $2,362 $80,500 $0 $0
2015 -- $69,920 $0 $0
2014 -- $59,160 $0 $0
2011 -- $60,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jeffrey Briggs

    RE/MAX Michigan

    Section Image

  • J

    Buyer's Agent in 2022

    Jeffrey Myslinski

    Downriver Homes LLC

    (734) 379-3808

    2 in this area

    4 Total Sales

    Section Image
  • Julie Tucker

    Seller's Agent in 2017

    Julie Tucker

    KW Realty Livingston

    (248) 431-8817

    1 in this area

    100 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 20221031035

Realcomp

APN: 21-30-407-015

Michigan Oakland County South Lyon 48178

348 University Ave, South Lyon, MI

This home is located at 348 University Ave, South Lyon, MI 48178 since 16 August 2022 and is currently estimated at $312,016, approximately $237 per square foot. This property was built in 1975. 348 University Ave is a home located in Oakland County with nearby schools including Sayre Elementary School, Centennial Middle School, and South Lyon High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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