NOT LISTED FOR SALE

55601 Lorals Way Northville, MI 48167

Estimated Value: $712,000 - $810,000

4 Beds
3.5 Baths
2,600 Sq Ft
$300/Sq Ft Est. Value

Last Sold February 24, 2015

Last sale price $515,000 $198 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,607/month

45 Days on Market

Highlights

  • Second Garage
  • 5 Acre Lot
  • Farm
  • Millennium Middle School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of February 2015

OUTSTANDING! BEST DESCRIBES THIS BEAUTIFUL CUSTOM BUILT RANCH ON 5 ACRES. CUSTOM KITCHEN WITH WOOD CABINETS AND EXTENSIVE GRANITE ISLAND. WONDERFUL OPEN FLOOR PLAN. GREAT FOR ENTERTAINING. GORGEOUS VIEWS FROM EVERY WINDOW. LUXURIOUS FINISHED LOWER LEVEL WALKOUT OFFERS PRIVATE LARGE SUITE WITH FULL BATH, LARGE REC ROOM, PROFESSIONALLANDSCAPING, 12 FOOT OCTAGON TIMBERTEX GAZEBO, STAMPED CONCRETE, 48X30 HEATED POLE BARN, CEMENT FLOORS, SEPERATE WORK SHOP, 48X12 TRACTOR SHED, 2 + ATTACHED GARAGE. NEWER GAS FORCED AIR FURNACE, AIR AND ROOF. IF YOU ARE LOOKING FOR SERENITY WITH LUXURIOUS LIVING THIS IS THE HOME FOR YOU. DON'T MISS THIS ONE !!!! AWARD WINNING SOUTH LYON SCHOOLS AND LOW LYON TWP TAXES. NATURAL GAS NO PROPANE!!!!

Last Agent to Sell the Property

Kimberly Champe

Real Estate One-Brighton License #6501287856 Listed on: 01/02/2015

Real Estate One-Brighton

Last Buyer's Agent

Patti Mullen

Remerica Hometown One License #6501277402

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1990

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 347x1300
  • Wooded Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Home Design

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

Interior Spaces

  • 2,600 Sq Ft Home
  • Finished Basement
  • Walk-Out Basement
  • Security System Leased

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • Second Garage
  • Workshop in Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Pole Barn
  • Gazebo
  • Shed

Farming

  • Farm

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2134200061

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,079

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Security Alarm (rented), Water Softener (owned)
  • Room Count: 13
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Sq Ft Combined: 4200
  • Sq Ft Lower Floor: 1600
  • Total Sq Ft: 2600
  • Sq Ft Total Bsmt: 2000

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Stone
  • Exterior Features: Gazebo, Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 347
  • Porch Type: Deck, Porch, Porch - Covered
  • Road Frontage Type: Gravel

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 2+ Assigned Spaces, Attached, Door Opener, Electricity, Side Entrance, Workshop
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: 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

  • Homestead: Yes
  • List Price per Acre: 110000.0000
  • Lot Features: Farm, Splits Available, Wooded
  • Lot Size Area: 5.00
  • Lot Dimensions: 347X1300
  • Parcel Number: 2134200061

Tax Info

  • Tax Amount Summer: 3349.0000
  • Tax Amount Winter: 730.0000
  • Total Tax: 4079.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2015
Closed on
Jan 30, 2015
Sold by
Young Lannie D and Young Loral J
Bought by
Hill Marilyn
Seller's Agent
Kimberly Champe
Real Estate One-Brighton
Buyer's Agent
Patti Mullen
Remerica Hometown One
List Price
$550,000
Sold Price
$515,000
Premium/Discount to List
-$35,000
-6.36%
Current Estimated Value
$779,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,339
Avg. Annual Appreciation
3.98%
Original Mortgage
$310,000
Outstanding Balance
$109,190
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$670,149
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
Hill Marilyn $515,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Marilyn $310,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2015 02/24/15 Sold $515,000 -6.4% $198 / Sq Ft
02/16/2015 02/16/15 Pending -- -- --
01/02/2015 01/02/15 For Sale $550,000 -- $212 / 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 $5,505 $317,600 $0 $0
2023 $5,250 $283,920 $0 $0
2022 $7,186 $253,020 $0 $0
2021 $6,563 $246,760 $0 $0
2020 $4,828 $240,000 $0 $0
2019 $6,566 $225,160 $0 $0
2018 $6,502 $215,250 $0 $0
2017 $6,603 $215,120 $0 $0
2016 $6,626 $205,410 $0 $0
2015 -- $176,830 $0 $0
2014 -- $155,970 $0 $0
2011 -- $126,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kimberly Champe

    Real Estate One

    (248) 349-6700

    4 in this area

    57 Total Sales

    Kimberly Champe
    Section Image
  • Patti Mullen

    Buyer's Agent in 2015

    Patti Mullen

    Remerica Hometown One

    (248) 775-5303

    7 in this area

    151 Total Sales

    Patti Mullen
    Section Image
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Map

Source: Realcomp

MLS Number: 215000181

Realcomp

APN: 21-34-200-061

Michigan Oakland County Northville 48167

55601 Lorals Way, Northville, MI

This home is located at 55601 Lorals Way, Northville, MI 48167 since 02 January 2015 and is currently estimated at $779,339, approximately $299 per square foot. This property was built in 1990. 55601 Lorals Way is a home located in Oakland 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

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