NOT LISTED FOR SALE

5520 7 Mile Rd South Lyon, MI 48178

Estimated Value: $367,000 - $475,000

3 Beds
2 Baths
1,391 Sq Ft
$302/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $175,000 $126 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $2,559/month

14 Days on Market

Highlights

  • 2.17 Acre Lot
  • Wooded Lot
  • Jetted Tub in Primary Bathroom
  • Millennium Middle School Rated A-
  • Ranch Style House
  • No HOA

About This Home

As of September 2016

Clean 3 bedroom ranch situated in 2.17 acres with private backyard, backing to open meadows.
House sits off a private road surrounded by mature trees. Open floor plan features great room with stacked stone natural corner fireplace, open to large kitchen with loads of cabinets and counter space and newer SS appliances. New windows through out and newer water softener. Extra deep basement prepped for 3rd bathroom. Very large garage with 220 electrical panel. Natural gas has been brought to house and ready to convert. No subdivision rules, build a barn, bring your boats, RV's, or even chickens and settle in!

Last Agent to Sell the Property

Timothy Haggerty

Remerica Hometown One License #6501240225 Listed on: 05/12/2016

Last Buyer's Agent

Nancy Rademacher

KW Professionals Brighton License #6502359564

KW Professionals Brighton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2003

Lot Details

  • 2.17 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,391 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Liquid Propane 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 A00107100009
  • $500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,666

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 2003
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Water Softener (owned), High Spd Internet Avail, Jetted Tub, Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Great Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Washer
  • Sq Ft Combined: 1391
  • Total Sq Ft: 1391
  • Sq Ft Total Bsmt: 1391

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 50
  • Porch Type: Porch
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Attached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • List Price per Acre: 80599.0700
  • Lot Features: Wooded
  • Lot Size Area: 2.17
  • Lot Dimensions: Irregular
  • Parcel Number: A00107100009

Tax Info

  • Tax Amount Summer: 2504.0000
  • Tax Amount Winter: 162.0000
  • Total Tax: 2666.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2016
Closed on
Sep 15, 2016
Sold by
Michael O Brien and Brien Lori O
Bought by
Louvar Rebeca L
Seller's Agent
Timothy Haggerty
Remerica Hometown One
Buyer's Agent
Nancy Rademacher
KW Professionals Brighton
List Price
$187,500
Sold Price
$175,000
Premium/Discount to List
-$12,500
-6.67%
Current Estimated Value
$419,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,752
Avg. Annual Appreciation
10.35%
Original Mortgage
$166,250
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2013
Closed on
Jun 6, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lori O Brien Michael and Brien Lori O
Seller's Agent
Mike Fayz
Real Estate One-Dbn Hts
Buyer's Agent
Timothy Haggerty
Remerica Hometown One
List Price
$84,900
Sold Price
$91,000
Premium/Discount to List
$6,100
7.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.06%

Purchase Details

Closed on
May 17, 2012
Sold by
Woodmansee Jeffrey A
Bought by
Federal Home Loan Mortgage Corporation
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
Louvar Rebeca L $175,000 Hometown One Title Agency Ll
Lori O Brien Michael $91,000 Attorneys Title Agency Llc
Federal Home Loan Mortgage Corporation $171,423 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Louvar Rebecca L $178,290
Previous Owner Louvar Rebeca L $166,250
Previous Owner Woodmansee Jeffrey A $180,000
Previous Owner Woodmansee Jeffrey A $177,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2016 09/15/16 Sold $175,000 +0.1% $126 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
05/25/2016 05/25/16 Price Changed $174,900 -6.7% $126 / Sq Ft
05/12/2016 05/12/16 For Sale $187,500 +106.0% $135 / Sq Ft
06/07/2013 06/07/13 Sold $91,000 +7.2% $65 / Sq Ft
05/13/2013 05/13/13 Pending -- -- --
04/29/2013 04/29/13 For Sale $84,900 -- $61 / 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 $3,306 $176,400 $0 $0
2024 $3,306 $161,100 $0 $0
2023 $3,151 $146,700 $0 $0
2022 $336 $132,350 $0 $0
2021 $3,185 $129,400 $0 $0
2020 $3,161 $122,450 $0 $0
2019 $314 $121,200 $121,200 $0
2018 $3,102 $117,050 $0 $0
2017 $3,049 $110,300 $0 $0
2016 $2,466 $92,631 $0 $0
2015 -- $92,354 $0 $0
2014 -- $86,347 $0 $0
2013 -- $86,347 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Timothy Haggerty

    Remerica Hometown One

    Section Image
  • Nancy Rademacher

    Buyer's Agent in 2016

    Nancy Rademacher

    KW Professionals Brighton

    (810) 599-5380

    206 Total Sales

    Nancy Rademacher
    Section Image
  • Mike Fayz

    Seller's Agent in 2013

    Mike Fayz

    Real Estate One

    (313) 903-5300

    184 Total Sales

    Mike Fayz
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 216045366

Realcomp

APN: 01-07-100-009

Michigan Washtenaw County South Lyon 48178

5520 7 Mile Rd, South Lyon, MI

This home is located at 5520 7 Mile Rd, South Lyon, MI 48178 since 12 May 2016 and is currently estimated at $419,752, approximately $301 per square foot. This property was built in 2003. 5520 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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