NOT LISTED FOR SALE

59801 E 8 Mile Rd South Lyon, MI 48178

Salem Area

Estimated Value: $1,719,000 - $2,111,745

5 Beds
7 Baths
8,048 Sq Ft
$246/Sq Ft Est. Value

Sale Details

Date Sold: April 29, 2025

Last sale price $2,050,000 $255 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $12,322 / mo

24 Days on Market

Highlights

  • Home fronts a creek
  • 30 Acre Lot
  • Wooded Lot
  • Millennium Middle School Rated A-
  • Fireplace in Primary Bedroom
  • Hydromassage or Jetted Bathtub

About This Home

As of April 2025

FOR A SHOWING PLEASE CONTACT LISTING AGENTS BRAD MCGUIRE (248)7679663 OR RAFFAELE MALIZIA (313)7154555 Exclusive Bosco-Built Estate on 30 Gated Acres! Discover unmatched luxury with over 8,000 total sq. ft. of finished living area. Privately nestled behind a gated entrance on 30 splittable acres with two serene ponds and small creek. This 5-bedroom, 7-bathroom masterpiece features a two-story great room with floor-to-ceiling windows, elegant crown molding throughout, and four gas fireplaces. The extensive gourmet kitchen has built-in appliances including two dishwashers and a large hearth room with fireplace. A private study, and first-floor laundry add sophistication and convenience. The primary suite offers a sitting area with a fireplace, workout space, expansive walk-in closet, and spa-like bath with Jacuzzi tub. The finished walkout lower level includes a home theater, wine room, workshop, and sub-basement under garage with ample storage. Additional upgrades include a water softener, reverse osmosis system, and 500-amp service. Outdoor living is unparalleled with a heated 20' x 40' gunite pool with slide, 10' x 12' gazebo, built-in grill, gas firepit, and extensive paver patio with irrigation system. Car enthusiasts will love the 6+ car attached heated garage with a four-post vehicle lift and full bath, in addition to a separate 2.5-car attached garage. A rare opportunity to own a one-of-a-kind estate offering luxury, privacy, and limitless potential. Schedule your private tour today!?

Last Agent to Sell the Property

Brad McGuire

@properties Christie's Int'l RE Northville License #6502417743 Listed on: 03/07/2025

@properties Christie's Int'l RE Northville

Co-Listed By

Raffaele Malizia

@properties Christie's Int'l RE Northville License #6501327816

@properties Christie's Int'l RE Northville

Last Buyer's Agent

Raffaele Malizia

@properties Christie's Int'l RE Northville License #6501327816

@properties Christie's Int'l RE Northville

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2005

Lot Details

  • 30 Acre Lot
  • Lot Dimensions are 722 x 892 x 488 x 545 x 1209 x 1434
  • Home fronts a creek
  • Home fronts a pond
  • Property fronts an easement
  • Irregular Lot
  • Sprinkler System
  • Wooded Lot
  • Subdivision Possible

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • Sound System
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • Library with Fireplace
  • Basement
  • Sump Pump
  • Fireplace in Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Underground Utilities
  • Well
  • Natural Gas Water Heater
  • Septic Tank

Community Details

  • The community has rules related to fencing

Listing and Financial Details

  • Assessor Parcel Number A00105100006

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,416

Year Built

Built in 2005

Lot Details

30 Acres

Parking

6

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • State Equalized Value: 928000.00
  • Entry Location: GroundLevelwSteps
  • Pets Allowed: Yes
  • Property Sub Type: SingleFamilyResidence
  • LotSizeAcres: 30.00
  • Co List Office Mls Id: 432460
  • Co List Office Phone: 2488508632
  • Co List Office Mls Id: 432460
  • Above Grade Finished Sq Ft: 6460.00
  • Living Area: 8048.00
  • ClassName: Residential
  • Special Features: None

Interior Features

  • Interior Amenities: EntranceFoyer, JettedTub, ProgrammableThermostat, SoundSystem
  • Fireplace: Yes
  • Basement: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1588.00
  • Fireplace Features: Gas, GreatRoom, Kitchen, Library, MasterBedroom

Exterior Features

  • Waterfront: No
  • Foundation Details: Basement, Poured, SumpPump
  • Construction Materials: Brick
  • Exterior Features: Barbecue, Lighting
  • Road Frontage Type: Paved
  • Sideof Street: S
  • Fencing: FencingRequiredwithPool
  • Disclosures: ExclusionsExist, TaxesHomesteadExempt
  • Exclusions: Exclusion(s) Exist
  • Home Warranty: No
  • Roof: Asphalt

Garage/Parking

  • Garage: Yes

Utilities

  • Cooling: CeilingFans, CentralAir
  • Heating: ForcedAir, NaturalGas
  • Sewer: SepticTank
  • Water Heater Fuel: NaturalGas
  • Water Source: Well
  • Laundry Features: LaundryRoom
  • Electric: CircuitBreakers
  • Utilities: UndergroundUtilities

Schools

  • Junior High Dist: SouthLyon

Lot Info

  • Lot Features: Easement, IrregularLot, SplitPossible, Sprinklers, Wooded
  • Lot Size Area: 30.00
  • Lot Dimensions: 722 x 892 x 488 x 545 x 1209 x 1434
  • Parcel Number: A00105100006
  • Percent Wooded: 40

Tax Info

  • Tax Amount Summer: 14802.00
  • Tax Amount Winter: 1614.00
  • Tax Annual Amount: 16416.00

Multi Family

  • Waterfront Features: Creek, Pond

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2025
Closed on
Apr 29, 2025
Sold by
Bought by
Seller's Agent
Brad McGuire
@properties Christie's Int'l RE Northville
Buyer's Agent
Raffaele Malizia
@properties Christie's Int'l RE Northville
List Price
$2,200,000
Sold Price
$2,050,000
Premium/Discount to List
-$150,000
-6.82%
Views
103
Current Estimated Value
$1,979,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$70,418
Avg. Annual Appreciation
-2.74%
Original Mortgage
$1,537,500
Outstanding Balance
$1,517,868
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$461,714

Purchase Details

Closed on
May 13, 2004
Sold by
Bought by

Purchase Details

Closed on
Oct 21, 2002
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in South Lyon, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,050,000 Ata National Title
$420,000 --
$270,000 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,537,500
Closed $1,537,500
Previous Owner $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/29/2025 04/29/25 Sold $2,050,000 -6.8% $255 / Sq Ft
04/02/2025 04/02/25 Pending -- -- --
03/08/2025 03/08/25 For Sale $2,200,000 -- $273 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $17,289 $1,081,550 $0 $0
2025 $15,219 $1,014,250 $0 $0
2024 $14,802 $928,000 $0 $0
2023 $14,111 $829,200 $0 $0
2022 $1,537 $752,150 $0 $0
2021 $14,561 $705,700 $0 $0
2020 $14,451 $660,900 $0 $0
2019 $14,646 $652,800 $652,800 $0
2018 $14,402 $578,100 $0 $0
2017 $14,157 $569,950 $0 $0
2016 $13,513 $507,521 $0 $0
2015 -- $506,003 $0 $0
2014 -- $490,192 $0 $0
2013 -- $490,192 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250014141

Realcomp

APN: 01-05-100-006

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