NOT LISTED FOR SALE

7881 Spencer Rd South Lyon, MI 48178

Northfield Township Neighborhood

Estimated Value: $411,000 - $576,127

4 Beds
2 Baths
1,788 Sq Ft
$268/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $265,000 $148 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,148/month

7 Days on Market

Highlights

  • Stables
  • Wooded Lot
  • No HOA
  • 8.6 Acre Lot
  • Ranch Style House
  • Enclosed Patio or Porch

About This Home

As of January 2019

Extremely Private, Wooded 8.6 Acres with nearly 1800 Sq ft Ranch home , 4 Stall Horse Barn could be turned into Pole Barn . The Location ,Acreage and privacy here are unbelievable. The home has 4 Bedrooms, 2 Full Baths , Full Basement, Attached Garage . You simply do not find property like this anymore ! Tall Mature Trees , A river that runs through it .... Wildlife is Everywhere ! You cannot see another home from anywhere on this property . The home has not been updated since it was built but it has a great layout , price reflects updates needed . The Barn once was full of life with horses ,it has 4 stalls and fenced in pastures with gates. If you want privacy and Acreage This is for you !!!!

Last Agent to Sell the Property

Renee Willetts

Brookstone, Realtors LLC License #6501330119 Listed on: 12/27/2018

Brookstone, Realtors LLC

Last Buyer's Agent

Kristin Ebert

Keller Williams Ann Arbor Market Center License #RCO-6501399107

Keller Williams Ann Arbor Market Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1974

Lot Details

  • 8.6 Acre Lot
  • Lot Dimensions are 1450x359x1310x90
  • Wooded Lot

Home Design

  • Ranch Style House
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,788 Sq Ft Home
  • Gas Fireplace
  • Family Room with Fireplace
  • Partially Finished Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Horse Facilities and Amenities

  • Stables

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number B00215200003

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,037

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1974
  • 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: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2788
  • Sq Ft Lower Floor: 1000
  • Total Sq Ft: 1788
  • Sq Ft Total Bsmt: 1788

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Wood
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 1450
  • Porch Type: Patio, Porch, Porch - Enclosed
  • Road Frontage Type: Gravel

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Door Opener, Electricity, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Oil
  • Cooling: 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: South Lyon

Lot Info

  • Homestead: Yes
  • List Price per Acre: 33604.6512
  • Lot Features: Wooded
  • Lot Size Area: 8.60
  • Lot Dimensions: 1450X359X1310X90
  • Parcel Number: B00215200003

Tax Info

  • Tax Amount Summer: 2746.0000
  • Tax Amount Winter: 1291.0000
  • Total Tax: 4037.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2018
Closed on
Jan 31, 2019
Sold by
Willis Anna F
Bought by
Yelland Karen and Yelland Joel
Seller's Agent
Renee Willetts
Brookstone, Realtors LLC
Buyer's Agent
Kristin Ebert
Keller Williams Ann Arbor Market Center
List Price
$289,000
Sold Price
$265,000
Premium/Discount to List
-$24,000
-8.3%
Current Estimated Value
$479,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,782
Avg. Annual Appreciation
8.50%
Original Mortgage
$251,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2017
Sold by
Willis Anna F
Bought by
Willis Anna F
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
Yelland Karen $265,000 None Available
Willis Anna F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yelland Karen $250,700
Closed Yelland Karen $250,700
Closed Yelland Karen $251,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2019 01/31/19 Sold $265,000 -8.3% $148 / Sq Ft
01/03/2019 01/03/19 Pending -- -- --
12/27/2018 12/27/18 For Sale $289,000 -- $162 / 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 $6,469 $203,600 $0 $0
2024 $3,668 $193,100 $0 $0
2023 $3,496 $170,200 $0 $0
2022 $5,054 $155,200 $0 $0
2021 $4,959 $149,400 $0 $0
2020 $4,931 $143,000 $0 $0
2019 $4,217 $144,100 $144,100 $0
2018 $4,157 $142,900 $0 $0
2017 $4,105 $140,100 $0 $0
2016 $2,866 $113,369 $0 $0
2015 -- $113,030 $0 $0
2014 -- $109,500 $0 $0
2013 -- $109,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Renee Willetts

    Seller's Agent in 2019

    Renee Willetts

    Brookstone, Realtors LLC

    (248) 467-9264

    1 in this area

    46 Total Sales

    Renee Willetts
    Section Image
  • Kristin Ebert

    Buyer's Agent in 2019

    Kristin Ebert

    Keller Williams Ann Arbor Market Center

    (734) 821-9557

    1 in this area

    166 Total Sales

    Kristin Ebert
    Section Image
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Map

Source: Realcomp

MLS Number: 218120002

Realcomp

APN: 02-15-200-003

Michigan Washtenaw County South Lyon 48178 Northfield Township

7881 Spencer Rd, South Lyon, MI

This home is located at 7881 Spencer Rd, South Lyon, MI 48178 since 27 December 2018 and is currently estimated at $479,782, approximately $268 per square foot. This property was built in 1974. 7881 Spencer Rd is a home located in Washtenaw County with nearby schools including Whitmore Lake Elementary School and Whitmore Lake 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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