NOT LISTED FOR SALE

8500 Falling Water Dr Unit 1 South Lyon, MI 48178

Estimated Value: $828,004 - $894,000

2 Beds
3 Baths
2,210 Sq Ft
$386/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 $852,501, approximately $385 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 Paul and Porter Diane
Bought by
Schmitt Lorenz and Schmitt Rebecca Lake
Current Estimated Value
$852,501

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
Outstanding Balance
$372,031
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$480,470

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
Outstanding Balance
$372,031
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$480,470

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
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
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
Open Schmitt Lorenz $420,000
Previous Owner Porter Paul $351,200
Source: Public Records

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 $9,491 $335,700 $0 $0
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

Michigan Livingston County South Lyon 48178

8500 Falling Water Dr Unit 1, South Lyon, MI

This home is located at 8500 Falling Water Dr Unit 1, South Lyon, MI 48178 and is currently estimated at $852,501, approximately $385 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.

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.

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