NOT LISTED FOR SALE

7545 Tower Rd South Lyon, MI 48178

Estimated Value: $1,104,548 - $1,321,000

3 Beds
2.5 Baths
6,885 Sq Ft
$171/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $800,000 $116 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $7,423/month

165 Days on Market

Highlights

  • Stables
  • Home fronts a pond
  • 8.45 Acre Lot
  • Millennium Middle School Rated A-
  • Second Garage
  • Deck

About This Home

As of December 2020

This Impressive Executive Estate was designed for those with distinctive taste. A one of a kind 6800 sqft Ranch Rambler with updates galore sits on 8+ acres w/ private pond. Architecturally Re-Designed home was taken down to the studs in 2005 includes the following additions: 28 x 52 Great room, 2nd floor bedroom w/cathedral ceiling, & 2.5+ attached garage w/huge bonus room above. Updates to this day include natural gas (2017), hardwood floors (2017), ceramic baths, New Roof (2015) & 3 furnaces (2016-2017). 3 Outbuildings includes: Barn w/2 box stall w/tack room & workshop, equipment storage shed & heated carriage house/office/workshop w2/car garage, a hunter’s delight. An abundance of Energy Efficient Andersen windows/doorwalls allows gorgeous views of the manicured mature landscaping. Family room with 2-way fireplace opens to updated gourmet kitchen w/enormous granite island w/vaulted ceiling. Large master suite, whole house generator, circular driveway, on & on.See feature sheet!

Last Agent to Sell the Property

Abe Qassis

RE/MAX Classic License #6501283284 Listed on: 06/10/2020

RE/MAX Classic

Last Buyer's Agent

Carrie Bake

Bake Real Estate License #6501346169

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1978 | Remodeled in 2005

Lot Details

  • 8.45 Acre Lot
  • Home fronts a pond
  • Fenced
  • Permeable Paving
  • Wooded Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Home Design

  • 1.5-Story Property
  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Rubber Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 6,885 Sq Ft Home
  • Wet Bar
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Unfinished Basement
  • Crawl Space
  • Dryer

Kitchen

  • Free-Standing Electric Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jetted Tub in Primary Bathroom

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors

Parking

  • 2.5 Car Direct Access Garage
  • Second Garage
  • Workshop in Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Pole Barn
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Whole House Permanent Generator
  • Liquid Propane Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Additional Features

  • Ground Level
  • Farm
  • Stables

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number A00117400010

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,979

Year Built

Built in 1978 | Remodeled in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch, Traditional
  • Architecture Level: 1 1/2 Story
  • Year Built: 1978
  • State Equalized Value: 411950.0000
  • Year Renovated: 2005
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s), Jetted Tub, Programmable Thermostat, Security Alarm (owned), Water Softener (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room, Great Room
  • Room Count: 13
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Free-Standing Electric Oven, Free-Standing Refrigerator, Stainless Steel Appliance(s)
  • Sq Ft Combined: 6885
  • Total Sq Ft: 6885
  • Sq Ft Total Bsmt: 875

Exterior Features

  • Roof Material: Asphalt, Rubber
  • Foundation Details: Basement, Crawl
  • Construction Materials: Brick, Stone, Stucco, Wood
  • Exterior Features: Fenced, Lighting, Permeable Paving, Whole House Generator
  • Foundation Materials: Poured
  • Frontage Feet: 617
  • Porch Type: Deck, Patio, Porch, Porch - Covered, Porch - Enclosed
  • Road Frontage Type: Gravel
  • Waterfront Description: Pond

Garage/Parking

  • Garage Size: 2 Car, 2.5 Car
  • Garage Features: Attached, Detached, Direct Access, Door Opener, Electricity, Workshop
  • Garage: Yes

Utilities

  • Heating Fuel: LP Gas/Propane, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Electric, LP Gas/Propane
  • Water Source: Well (Existing)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • List Price per Acre: 98213.0178
  • Lot Features: Farm, Splits Available, Wooded
  • Lot Size Area: 8.45
  • Lot Dimensions: Irregular
  • Parcel Number: A00117400010

Tax Info

  • Tax Amount Summer: 6305.0000
  • Tax Amount Winter: 674.0000
  • Total Tax: 6979.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Dec 18, 2020
Sold by
Bechtol Judith Ann
Bought by
Fettig Jeffrey M and Prater Manor Amy R
Seller's Agent
Abe Qassis
RE/MAX Classic
Buyer's Agent
Carrie Bake
Bake Real Estate
List Price
$829,900
Sold Price
$800,000
Premium/Discount to List
-$29,900
-3.6%
Current Estimated Value
$1,177,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,137
Avg. Annual Appreciation
7.71%
Original Mortgage
$640,000
Outstanding Balance
$573,812
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$561,858

Purchase Details

Closed on
Apr 30, 2007
Sold by
Bechtol William B
Bought by
Bechtol Judith Ann

Purchase Details

Closed on
Mar 6, 2003
Sold by
Bechtol William B and William B Bechtol Living Trust
Bought by
Bechtol William B and Bechtol Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2001
Sold by
Bechtol William B
Bought by
Bechtol William B Trust

Purchase Details

Closed on
Apr 9, 2001
Sold by
Bechtol William B Trust
Bought by
Bechtol William B

Purchase Details

Closed on
Oct 9, 1996
Sold by
Investaid Corp
Bought by
William Bechtol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 1995
Sold by
Frank Beverly
Bought by
Investaid Corp
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Fettig Jeffrey M $800,000 None Available
Bechtol Judith Ann -- None Available
Bechtol William B -- --
Bechtol William B Trust -- --
Bechtol William B -- --
William Bechtol $200,000 --
Investaid Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fettig Jeffrey M $640,000
Previous Owner Bechtol Judith Ann $365,600
Previous Owner Bechtol Judith A $400,000
Previous Owner Bechtol William B $200,000
Previous Owner Bechtol William B $170,000
Previous Owner William Bechtol $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $800,000 -3.6% $116 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $829,900 -- $121 / 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 $12,266 $664,950 $0 $0
2024 $12,266 $624,950 $0 $0
2023 $11,693 $545,850 $0 $0
2022 $1,270 $474,750 $0 $0
2021 $6,991 $456,850 $0 $0
2020 $6,898 $432,100 $0 $0
2019 $6,991 $411,950 $411,950 $0
2018 $6,874 $385,900 $0 $0
2017 $6,758 $377,700 $0 $0
2016 $6,450 $242,254 $0 $0
2015 -- $241,530 $0 $0
2014 -- $258,615 $0 $0
2013 -- $258,615 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2200040602

Realcomp

APN: 01-17-400-010