NOT LISTED FOR SALE

8763 Salem Farms Dr South Lyon, MI 48178

Estimated Value: $743,173 - $856,000

5 Beds
3.5 Baths
3,384 Sq Ft
$236/Sq Ft Est. Value

Last Sold September 06, 2013

Last sale price $370,000 $109 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $4,846/month

97 Days on Market

Highlights

  • 2.01 Acre Lot
  • Colonial Architecture
  • No HOA
  • Millennium Middle School Rated A-
  • Wooded Lot
  • 3 Car Attached Garage

About This Home

As of September 2013

Builders own custom built brick home with many extras, 2x6 walls, Pella windows, newer furnace, main floor has possible in-law suite (master bedroom (size under bedroom 5) w/bath, living room and separate furnace). 3 car heated garage with hot/cold water and air compressor, finished basement with stairway to walk out to the garage, workshop area, lots of built in storage. 2.01 acres on a corner lot. Easy commute to Ann Arbor. BATV

Last Agent to Sell the Property

Sandra Szekely

Real Estate One-Brighton License #8201355801 Listed on: 05/10/2013

Real Estate One-Brighton

Last Buyer's Agent

Vince Brennan

RE/MAX New Trend License #RCO-6501095454

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1993

Lot Details

  • 2.01 Acre Lot
  • Wooded Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,384 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Finished Basement
  • Natural lighting in basement
  • Security System Owned

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Salem Farms Estates Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number A00108125007
  • $500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,795

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Security Alarm (owned), Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 15
  • Total Bedrooms: 5
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Finished
  • Kitchen Appliances: Dishwasher, Disposal
  • Sq Ft Combined: 3384
  • Total Sq Ft: 3384
  • Sq Ft Total Bsmt: 1876

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Construction Features: Platted Sub.
  • Road Frontage Type: Paved
  • Sideof Street: W

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Electricity, Heated, Door Opener
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • 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: 198955.0000
  • Lot Features: Wooded
  • Lot Size Area: 2.01
  • Lot Dimensions: 2.01 ACRES
  • Parcel Number: A00108125007
  • Percent Wooded: 80
  • Soil Type: SANDY

Tax Info

  • Tax Amount Summer: 4594.0000
  • Tax Amount Winter: 201.0000
  • Total Tax: 4795.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2013
Closed on
Sep 6, 2013
Sold by
Foley Patrick M and Foley Diane L
Bought by
Williams Wayne and Williams Michele
Seller's Agent
Sandra Szekely
Real Estate One-Brighton
Buyer's Agent
Vince Brennan
RE/MAX New Trend
List Price
$430,000
Sold Price
$370,000
Premium/Discount to List
-$60,000
-13.95%
Current Estimated Value
$801,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,757
Avg. Annual Appreciation
6.34%
Original Mortgage
$296,000
Interest Rate
4.39%
Mortgage Type
New Conventional
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
Williams Wayne $370,000 1St Security Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Wayne $290,000
Closed Williams Wayne $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2013 09/06/13 Sold $370,000 -14.0% $109 / Sq Ft
08/15/2013 08/15/13 Pending -- -- --
05/10/2013 05/10/13 For Sale $430,000 -- $127 / 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 $5,469 $331,550 $0 $0
2024 $5,469 $305,100 $0 $0
2023 $5,213 $297,300 $0 $0
2022 $568 $273,500 $0 $0
2021 $5,341 $281,500 $0 $0
2020 $5,301 $271,650 $0 $0
2019 $5,373 $268,850 $268,850 $0
2018 $5,283 $225,550 $0 $0
2017 $5,193 $246,800 $0 $0
2016 $4,957 $186,179 $0 $0
2015 -- $185,623 $0 $0
2014 -- $169,315 $0 $0
2013 -- $169,315 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 213044610

Realcomp

APN: 01-08-125-007