NOT LISTED FOR SALE

5507 7 Mile Rd South Lyon, MI 48178

Estimated Value: $978,000 - $1,018,000

5 Beds
3.5 Baths
3,000 Sq Ft
$334/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $630,000 $210 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,092/month

103 Days on Market

Highlights

  • Newly Remodeled
  • 8.65 Acre Lot
  • Deck
  • Millennium Middle School Rated A-
  • Colonial Architecture
  • Wooded Lot

About This Home

As of March 2018

Opportunity to still make selections. Welcome to your brand new home built by 3S Builders. 8+ acres backs to Natural Preservation Area protecting you from future developments. Hardwood floors in all living spaces complimented by beautiful slate in the baths. A Gourmet chef's kitchen w/granite throughout & Samsung Stainless Appliances opens to the first of two Trex decks. Kitchen opens to 2 story great room w/fireplace. Not 1, but 2 entry level suites, one featuring a 2nd Trex deck. Beautiful curb appeal w/ Hardie siding & stone, high efficiency Anderson 400 series windows & Azteck trim. Sprinklers, landscape and lawn installed. Buyer can choose a soaking tub or additional cabinetry in mstr bath. All closet organizer in bedrooms/pantry installed prior to close. In law quarters can have kitchenette installed if buyer chooses. Walkout basement w/ 2 sliders,daylight windows,entry door & high ceilings. Additional fireplace & bath can be put in basement *not included in price*

Last Agent to Sell the Property

Cindi Joachim

EXP Realty Main License #6501315857 Listed on: 06/12/2017

EXP Realty Main

Last Buyer's Agent

Alice Detmer

KW Realty Livingston License #RCO-6501400740

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 8.65 Acre Lot
  • Lot Dimensions are 603x366x655x415x409x372
  • Native Plants
  • Irregular Lot
  • Wooded Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Chimney Cap

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Sump Pump
  • Natural lighting in basement

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number A00106402012

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,621

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2016
  • Foundation Features: Sump Pump
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Programmable Thermostat, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 14
  • Total Bedrooms: 5
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Unfinished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 3000
  • Total Sq Ft: 3000
  • Sq Ft Total Bsmt: 2100

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Composition
  • Construction Features: New Construction, Quick Delivery Home
  • Exterior Features: Chimney Cap(s), Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 603
  • Porch Type: Balcony, Deck, Patio, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: South Lyon

Lot Info

  • List Price per Acre: 75144.5087
  • Lot Features: Irregular, Native Plants, Wooded
  • Lot Size Area: 8.65
  • Lot Dimensions: 603x366x655x415x409x372
  • Parcel Number: A00106402012

Tax Info

  • Tax Amount Summer: 3487.0000
  • Tax Amount Winter: 134.0000
  • Total Tax: 3621.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2017
Closed on
Mar 30, 2018
Sold by
The Dannie Stamper Trust
Bought by
Shiripathy Vivekananda N and Nuliyalu Ushapoorna
Seller's Agent
Cindi Joachim
EXP Realty Main
Buyer's Agent
Alice Detmer
KW Realty Livingston
List Price
$650,000
Sold Price
$630,000
Premium/Discount to List
-$20,000
-3.08%
Current Estimated Value
$1,000,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,715
Avg. Annual Appreciation
6.42%
Original Mortgage
$504,000
Interest Rate
4.43%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 26, 2015
Sold by
Turnberry Park Estates Inc
Bought by
Dannie Stamper Trust
Source: Public Records

Range of Values:

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Average Value
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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
Shiripathy Vivekananda N $630,000 Stewart Title
Dannie Stamper Trust $118,000 Stg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shripathy Vivekanand N $475,000
Closed Shripathy Vivekananda N $504,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $630,000 -3.1% $210 / Sq Ft
09/23/2017 09/23/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $650,000 -- $217 / 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 $8,189 $473,400 $0 $0
2024 $8,189 $431,050 $0 $0
2023 $7,806 $380,250 $0 $0
2022 $8,285 $347,050 $0 $0
2021 $8,055 $322,500 $0 $0
2020 $7,994 $301,800 $0 $0
2019 $797 $296,650 $296,650 $0
2018 $7,713 $280,000 $0 $0
2017 $10,330 $226,300 $0 $0
2016 $3,487 $78,150 $0 $0
2015 -- $41,828 $0 $0
2014 -- $40,522 $0 $0
2013 -- $40,522 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cindi Joachim

    Seller's Agent in 2018

    Cindi Joachim

    EXP Realty Main

    (734) 358-6683

    70 Total Sales

    Cindi Joachim
    Section Image

  • A

    Buyer's Agent in 2018

    Alice Detmer

    KW Realty Livingston

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Map

Source: Realcomp

MLS Number: 217049609

Realcomp

APN: 01-06-402-012

Michigan Washtenaw County South Lyon 48178

5507 7 Mile Rd, South Lyon, MI

This home is located at 5507 7 Mile Rd, South Lyon, MI 48178 since 12 June 2017 and is currently estimated at $1,000,715, approximately $333 per square foot. This property was built in 2016. 5507 7 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
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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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