NOT LISTED FOR SALE

7431 Spencer Rd South Lyon, MI 48178

Northfield Township Neighborhood

Estimated Value: $378,000

3 Beds
1 Bath
1,938 Sq Ft
$195/Sq Ft Est. Value

Last Sold October 10, 2018

Last sale price $240,000 $124 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,055/month

59 Days on Market

Highlights

  • 1.77 Acre Lot
  • Wooded Lot
  • No HOA
  • Deck
  • Ranch Style House
  • 2 Car Detached Garage

About This Home

As of October 2018

Beautiful landscaping and yard surrounds this 3 bedroom, 1 bath ranch on 1.77 acres. The 30x24 heated two car oversized garage has a workshop and storage with new concrete driveway, stamped concrete walkway, the large deck overlooks the woods, home has been nicely maintained and has an open floor plan with beautiful hardwood floors in the living room and family room, natural fireplace with insert in family room, large dining area with ceramic tile, kitchen with island and includes all appliances, the Michigan basement has poured concrete and is clean and dry, close to US23, easy drive to Ann Arbor & Brighton. 24 hour notice to show is preferred so dog can be removed. Includes property ID B-02-16-400-007

Last Agent to Sell the Property

John MacLeod

Partners Real Estate Professionals PC License #6501304244 Listed on: 06/04/2018

Co-Listed By

Sue Bonstelle

Partners Real Estate Professionals PC License #6501353916

Last Buyer's Agent

Marilyn Handloser

RE/MAX Classic License #6502367192

RE/MAX Classic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1952

Lot Details

  • 1.77 Acre Lot
  • Lot Dimensions are 276x278
  • Wooded Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,938 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Awning
  • Family Room with Fireplace
  • Sump Pump
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Workshop in Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Liquid Propane Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number B00216400024

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,635

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1952
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dishwasher
  • Sq Ft Combined: 1938
  • Total Sq Ft: 1938

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Michigan Basement
  • Construction Materials: Brick, Vinyl
  • Exclusions: Yes
  • Exterior Features: Awning/Overhang(s), Lighting
  • Foundation Materials: Block
  • Frontage Feet: 276
  • Porch Type: Deck, Porch
  • Road Frontage Type: Gravel

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Door Opener, Heated, Workshop, Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Whitmore Lake

Lot Info

  • Homestead: Yes
  • List Price per Acre: 140677.9600
  • Lot Features: Wooded
  • Lot Size Area: 1.77
  • Lot Dimensions: 276x278
  • Parcel Number: B00216400024

Tax Info

  • Tax Amount Summer: 690.0000
  • Tax Amount Winter: 1945.0000
  • Total Tax: 2635.0000

MLS Schools

  • School District: Whitmore Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2018
Closed on
Oct 10, 2018
Sold by
Fraley Ashlee G
Bought by
Wooflrod Michele M
Seller's Agent
John MacLeod
Partners Real Estate Professionals PC
Buyer's Agent
Marilyn Handloser
RE/MAX Classic
List Price
$249,000
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%
Current Estimated Value
$378,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,000
Original Mortgage
$228,000
Outstanding Balance
$200,458
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2016
Sold by
Fraley Kim
Bought by
Fraley Mikel J and Mikel J Fraley Rt
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
Wooflrod Michele M $240,000 None Available
Fraley Mikel J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woolford Michele M $228,000
Previous Owner Fraley Mikel $34,113
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2018 10/10/18 Sold $240,000 -3.6% $124 / Sq Ft
08/02/2018 08/02/18 Pending -- -- --
07/08/2018 07/08/18 For Sale $249,000 0.0% $128 / Sq Ft
06/17/2018 06/17/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $249,000 -- $128 / 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 -- $0 $0 $0
2024 $0 $0 $0 $0
2023 -- $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $2,796 $0 $0 $0
2018 $2,796 $87,600 $0 $0
2017 $2,707 $87,100 $0 $0
2016 $694 $65,290 $0 $0
2015 -- $65,095 $0 $0
2014 -- $63,070 $0 $0
2013 -- $63,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John MacLeod

    Seller's Agent in 2018

    John MacLeod

    Partners Real Estate Professionals PC

    (810) 220-7653

    62 Total Sales

    John MacLeod
    Section Image
  • Sue Bonstelle

    Seller Co-Listing Agent in 2018

    Sue Bonstelle

    Partners Real Estate Professionals PC

    (810) 220-7653

    89 Total Sales

    Sue Bonstelle
    Section Image
  • Marilyn Handloser

    Buyer's Agent in 2018

    Marilyn Handloser

    RE/MAX of Southeast Michigan

    (248) 231-4216

    10 in this area

    114 Total Sales

    Marilyn Handloser
    Section Image
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Map

Source: Realcomp

MLS Number: 218049356

Realcomp

APN: 02-16-400-009

Michigan Washtenaw County South Lyon 48178 Northfield Township

7431 Spencer Rd, South Lyon, MI

This home is located at 7431 Spencer Rd, South Lyon, MI 48178 since 04 June 2018 and is currently priced at $378,000, approximately $195 per square foot. This property was built in 1952. 7431 Spencer Rd is a home located in Washtenaw County with nearby schools including Whitmore Lake Elementary School and Whitmore Lake High School.

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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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