8500 Falling Water Dr Unit 1 South Lyon, MI 48178
Estimated Value: $793,610 - $864,000
2
Beds
3
Baths
2,210
Sq Ft
$376/Sq Ft
Est. Value
About This Home
This home is located at 8500 Falling Water Dr Unit 1, South Lyon, MI 48178 and is currently estimated at $830,153, approximately $375 per square foot. 8500 Falling Water Dr Unit 1 is a home located in Livingston County with nearby schools including Hawkins Elementary School, Scranton Middle School, and Brighton High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 31, 2020
Sold by
Porter and Diane
Bought by
Schmitt Lorenz and Schmitt Rebecca Lake
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 28, 2020
Sold by
Schmitt Lorenz and Porter Diane
Bought by
Schmitt Lorenz and Schmitt Rebecca
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 30, 2015
Sold by
Norman J Mieras Trust
Bought by
Porter Paul and Porter Diane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,200
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 29, 2010
Sold by
Summit Condo Development Llc
Bought by
Mieras Norman J and Mieras Barbara J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
4.23%
Mortgage Type
Balloon
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
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Schmitt Lorenz | $600,000 | New Title Company Name | |
Schmitt Lorenz | $600,000 | Leading Edge Title Agency | |
Porter Paul | $439,900 | -- | |
Mieras Norman J | $289,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Closed | Schmitt Lorenz | $420,000 | |
Previous Owner | Porter Paul | $351,200 | |
Previous Owner | Mieras Norman J | $231,200 |
Source: Public Records
Tax History Compared to Growth
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 | $4,097 | $398,800 | $0 | $0 |
2023 | $3,916 | $349,300 | $0 | $0 |
2022 | $8,003 | $259,400 | $0 | $0 |
2021 | $8,003 | $288,400 | $0 | $0 |
2020 | $7,179 | $275,700 | $0 | $0 |
2019 | $9,058 | $259,400 | $0 | $0 |
2018 | $9,118 | $261,700 | $0 | $0 |
2017 | $8,979 | $248,900 | $0 | $0 |
2016 | $8,906 | $239,300 | $0 | $0 |
2014 | $7,045 | $199,500 | $0 | $0 |
2012 | $7,045 | $175,000 | $0 | $0 |
Source: Public Records
Map
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