NOT LISTED FOR SALE

3760 5 Mile Rd South Lyon, MI 48178

Northfield Township Neighborhood

Estimated Value: $427,000 - $485,000

3 Beds
1.5 Baths
1,234 Sq Ft
$371/Sq Ft Est. Value

Last Sold May 16, 2023

Last sale price $420,000 $340 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,848/month

106 Days on Market

Highlights

  • 25.15 Acre Lot
  • Wooded Lot
  • Ground Level Unit
  • Millennium Middle School Rated A-
  • Ranch Style House
  • No HOA

About This Home

As of May 2023

Multiple offers received. Seller is asking for all offers by 3:00 Monday, 4/3 for review. Lovely ranch style home on 25 acres in Northfield Twp with South Lyon schools. Wooded back 20 acres is where you will find abundant deer and wildlife. 17 minutes from University of Michigan with easy access to US-23 and M-14! Set back from the road with paved driveway leading up to the house and oversized detached garage with added carport and enclosed lean-to. Front covered porch and back patio area for sitting and enjoying the views. Solid ranch home just needs a bit of updating. Generac generator, full basement, hardwood floors throughout the first floor. 1.5 baths, 3 bedrooms and spacious kitchen area. Hardwoods on property are valued at approximately $30,000 per seller. Sale includes parcels B-020230-100-004 and - 015. Property taxes reflect summer and winter taxes for both parcels. Enjoy no HOA and acreage for the lifestyle you have been waiting for. You won't want to miss this opportunity!

Last Agent to Sell the Property

Lisa Tam

The Tam Team Realtors Corp License #6502410255 Listed on: 12/18/2022

Last Buyer's Agent

Andy Sabbagh

American Dream Estates License #RCO-6501269176

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1971

Lot Details

  • 25.15 Acre Lot
  • Dirt Road
  • Level Lot
  • Wooded Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,234 Sq Ft Home
  • Ceiling Fan
  • Partially Finished Basement
  • Sump Pump
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Detached Garage
  • Carport
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • Liquid Propane Gas Water Heater

Additional Features

  • Standby Generator
  • Covered patio or porch
  • Ground Level Unit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number B00223100004

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,592

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1971
  • State Equalized Value: 114700.0000
  • Accessibility Features: Standby Generator
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher
  • Sq Ft Combined: 1834
  • Sq Ft Lower Floor: 600
  • Total Sq Ft: 1234
  • Sq Ft Total Bsmt: 1208

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Poured
  • Frontage Feet: 165
  • Porch Type: Porch - Covered, Patio, Porch, Patio - Covered
  • Road Frontage Type: Dirt

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Carport, Electricity, Door Opener, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Electric, LP Gas/Propane
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Baseboard, Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • Lot Features: Level, Wooded
  • Lot Size Area: 25.15
  • Lot Dimensions: Irregular
  • Parcel Number: B00223100004
  • Percent Wooded: 80

Tax Info

  • Tax Amount Summer: 3184.0000
  • Tax Amount Winter: 1408.0000
  • Total Tax: 4592.0000
  • Taxable Value: 98617.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2022
Closed on
May 12, 2023
Sold by
Bates Helen and Bates Roscoe
Bought by
May Shaun and May Sarah
Seller's Agent
Lisa Tam
The Tam Team Realtors Corp
Buyer's Agent
Andy Sabbagh
American Dream Estates
List Price
$479,000
Sold Price
$420,000
Premium/Discount to List
-$59,000
-12.32%
Views
275
Current Estimated Value
$455,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,432
Avg. Annual Appreciation
3.71%
Original Mortgage
$374,500
Outstanding Balance
$365,278
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$90,404
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
May Shaun $420,000 Select Title
May Shaun $420,000 Select Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May Shaun $374,500
Closed May Shaun $374,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2023 05/16/23 Sold $420,000 -4.7% $340 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
03/23/2023 03/23/23 Price Changed $440,500 -8.0% $357 / Sq Ft
12/18/2022 12/18/22 For Sale $479,000 -- $388 / 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
2025 $4,259 $149,100 $0 $0
2024 $3,151 $141,900 $0 $0
2023 $2,301 $125,600 $0 $0
2022 $3,319 $114,700 $0 $0
2021 $3,268 $110,500 $0 $0
2020 $3,238 $109,000 $0 $0
2019 $3,258 $106,800 $106,800 $0
2018 $3,212 $107,900 $0 $0
2017 $3,165 $105,800 $0 $0
2016 $2,214 $87,586 $0 $0
2015 -- $87,325 $0 $0
2014 -- $84,600 $0 $0
2013 -- $84,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Tam

    Seller's Agent in 2023

    Lisa Tam

    The Tam Team Realtors Corp

    (810) 287-1344

    1 in this area

    103 Total Sales

    Section Image
  • Andy Sabbagh

    Buyer's Agent in 2023

    Andy Sabbagh

    American Dream Estates

    (734) 674-7653

    1 in this area

    28 Total Sales

    Section Image

  • J

    Buyer's Agent in 2023

    Johnny Baez

    Temporary Inactive Users

See All Agents

Map

Source: Realcomp

MLS Number: 20221069057

Realcomp

APN: 02-23-100-004

Michigan Washtenaw County South Lyon 48105 Northfield Township

3760 5 Mile Rd, South Lyon, MI

This home is located at 3760 5 Mile Rd, South Lyon, MI 48178 since 18 December 2022 and is currently estimated at $458,237, approximately $371 per square foot. This property was built in 1971. 3760 5 Mile Rd is a home located in Washtenaw County with nearby schools including Salem Elementary School, Millennium Middle School, and South Lyon East 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
Copyright 2025 Realcomp II Ltd. Shareholders
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

Nearby Homes