NOT LISTED FOR SALE

5110 7 Mile Rd South Lyon, MI 48178

Estimated Value: $286,205 - $297,000

3 Beds
1 Bath
960 Sq Ft
$304/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $253,000 $264 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,757/month

3 Days on Market

Highlights

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

About This Home

As of August 2022

Charming, 3 bedroom ranch that sits on 1 acre! This home features a spacious living room, with tons of natural light, a bright and airy kitchen with plenty of cabinet space and an unfinished basement that can be used for extra storage or finished for more living space. If you're looking for a workshop, you'll love the oversized, 2 car garage with a full workshop space. Home also features fresh paint and new floors. Natural gas is available at the road. Schedule your showing today.

Last Agent to Sell the Property

Mark Addy

Social House Real Estate Group LLC License #6501409952 Listed on: 07/08/2022

Last Buyer's Agent

Derek Bauer

Real Estate One-Brighton License #6506038159

Real Estate One-Brighton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1963 | Remodeled in 2022

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 145x302

Parking

  • 2.5 Car Attached Garage

Home Design

  • 960 Sq Ft Home
  • Ranch Style House
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Kitchen

  • Propane Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed
  • Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number A00106376014

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,468

Year Built

Built in 1963 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1963
  • State Equalized Value: 63550.0000
  • Year Renovated: 2022
  • Entry Location: Ground Level
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Free-Standing Refrigerator, Microwave, Propane Cooktop
  • Sq Ft Combined: 960
  • Total Sq Ft: 960
  • Sq Ft Total Bsmt: 960

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 140
  • Porch Type: Porch
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Oil
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Electric
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • Lot Size Area: 1.03
  • Lot Dimensions: 145x302
  • Parcel Number: A00106376014

Tax Info

  • Tax Amount Summer: 1317.0000
  • Tax Amount Winter: 151.0000
  • Total Tax: 1468.0000
  • Taxable Value: 55754.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Aug 17, 2022
Sold by
James Milkiewicz
Bought by
Bresler Daniel E
Seller's Agent
Mark Addy
Social House Real Estate Group LLC
Buyer's Agent
Derek Bauer
Real Estate One-Brighton
List Price
$245,000
Sold Price
$253,000
Premium/Discount to List
$8,000
3.27%
Current Estimated Value
$291,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,801
Avg. Annual Appreciation
4.90%
Original Mortgage
$227,700
Outstanding Balance
$218,569
Interest Rate
5.51%
Mortgage Type
Balloon
Estimated Equity
$73,232
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
Bresler Daniel E $253,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bresler Daniel E $227,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2022 08/17/22 Sold $253,000 +3.3% $264 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $245,000 -- $255 / 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 $1,753 $84,550 $0 $0
2024 $1,753 $76,650 $0 $0
2023 $1,671 $71,050 $0 $0
2022 $155 $65,450 $0 $0
2021 $1,467 $63,550 $0 $0
2020 $1,456 $59,750 $0 $0
2019 $1,476 $58,800 $58,800 $0
2018 $1,451 $58,650 $0 $0
2017 $1,427 $58,300 $0 $0
2016 $1,362 $51,153 $0 $0
2015 -- $51,000 $0 $0
2014 -- $50,450 $0 $0
2013 -- $50,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20221011042

Realcomp

APN: 01-06-376-014