NOT LISTED FOR SALE

9761 Marshall Rd South Lyon, MI 48178

Estimated Value: $789,000 - $1,154,000

4 Beds
2 Baths
2,500 Sq Ft
$366/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $800,000 $320 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,682/month

43 Days on Market

Highlights

  • 85 Feet of Waterfront
  • Lake Privileges
  • Raised Ranch Architecture
  • Boat Facilities
  • Deck
  • Ground Level Unit

About This Home

As of December 2022

Rare Opportunity in South Lyon to own 85 Feet Of Lake Frontage on 152 Acre Private All-Sport Silver Lake with Private, Paved Driveway. Welcome home to this 4 bed, 2 bath, Raised Ranch with lake views from every room in the house. This home has been completely updated inside and out. The foyer and bathroom have been completely remodeled. New paint, trim and floors. New deck off the Master Bedroom, New Custom Designed Theatre/Golf Simulator room adding 500 sqft of additional living space, exquisitely landscaped exterior, and new Sea Wall to protect your investment for years to come. Too many updates to list here. See full list of updates and features attached. Act fast, this property will not last!! Book an appointment TODAY

Last Agent to Sell the Property

Jason Grimes

KW Professionals License #6501407214 Listed on: 10/07/2022

KW Professionals

Last Buyer's Agent

Peggy Leiby

NextHome Statewide Real Estate License #6501428641

NextHome Statewide Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1962 | Remodeled in 2016

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 77.65 x 175.00
  • 85 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Fenced
  • Sprinkler System

Home Design

  • Raised Ranch Architecture
  • Slab Foundation
  • Asphalt Roof
  • Stone Siding
  • Cedar

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Gas Fireplace
  • Family Room with Fireplace

Kitchen

  • Built-In Gas Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Detached Garage
  • Heated Garage

Outdoor Features

  • Boat Facilities
  • Lake Privileges
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Shed

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Water Softener is Owned
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 1622300003

Community Details

Recreation

  • Water Sports

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,323

Year Built

Built in 1962 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Raised Ranch
  • Architecture Level: 2 Story
  • Year Built: 1962
  • State Equalized Value: 320500.0000
  • Year Renovated: 2016
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail, Programmable Thermostat, Sound System, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Built-In Gas Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 2500
  • Total Sq Ft: 2500

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Silver Lake
  • Waterfront: Yes
  • Foundation Details: Slab
  • Construction Materials: Cedar, Stone, Wood
  • Exterior Features: Lighting
  • Frontage Feet: 78
  • Porch Type: Balcony, Porch - Covered, Deck, Porch
  • Road Frontage Type: Paved, Private
  • Water Frontage Feet: 85.00
  • Waterfront Description: Direct Water Frontage, Lake Front, Lake Privileges
  • Fencing: Fence Allowed

Garage/Parking

  • Garage Size: 4 Car
  • Garage Features: Heated, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Source: Well (Existing)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Brighton

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s)
  • Lot Size Area: 0.36
  • Lot Dimensions: 77.65 x 175.00
  • Parcel Number: 1622300003

Tax Info

  • Tax Amount Summer: 3324.0000
  • Tax Amount Winter: 3999.0000
  • Total Tax: 7323.0000
  • Taxable Value: 263871.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, DIRFRT

MLS Schools

  • School District: Brighton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Dec 20, 2022
Sold by
Elsasser Michael
Bought by
Elsasser Family Trust
Seller's Agent
Jason Grimes
KW Professionals
Buyer's Agent
Peggy Leiby
NextHome Statewide Real Estate
List Price
$975,000
Sold Price
$800,000
Premium/Discount to List
-$175,000
-17.95%
Views
38
Current Estimated Value
$914,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,314
Avg. Annual Appreciation
4.80%
Original Mortgage
$640,000
Outstanding Balance
$620,795
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$293,519

Purchase Details

Listed on
Oct 7, 2022
Closed on
Dec 15, 2022
Sold by
Buddenborg Bradley Joseph and Buddenborg Katee
Bought by
Elsasser Michael
Seller's Agent
Jason Grimes
KW Professionals
Buyer's Agent
Peggy Leiby
NextHome Statewide Real Estate
List Price
$975,000
Sold Price
$800,000
Premium/Discount to List
-$175,000
-17.95%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$620,795
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$293,519

Purchase Details

Listed on
Oct 7, 2022
Closed on
Dec 13, 2022
Sold by
Buddenborg Bradley Joseph and Buddenborg Katee
Bought by
Elsasser Michael
Seller's Agent
Jason Grimes
KW Professionals
Buyer's Agent
Peggy Leiby
NextHome Statewide Real Estate
List Price
$975,000
Sold Price
$800,000
Premium/Discount to List
-$175,000
-17.95%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$620,795
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$293,519

Purchase Details

Listed on
Sep 19, 2014
Closed on
Feb 10, 2015
Sold by
Simanca Dennis and Simanca Kimberly
Bought by
Buddenborg Bradley Joseph and Buddenborg Katee
Seller's Agent
Jeffry Kermath
Kermath Realty LLC
Buyer's Agent
Shawn Hermansen
Brookstone, Realtors LLC
List Price
$559,000
Sold Price
$529,000
Premium/Discount to List
-$30,000
-5.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
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
Elsasser Family Trust -- --
Elsasser Michael $800,000 Liberty Title
Elsasser Michael $800,000 Liberty Title
Buddenborg Bradley Joseph $529,000 Partners Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elsasser Michael $640,000
Closed Elsasser Michael $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2022 12/15/22 Sold $800,000 -8.6% $320 / Sq Ft
11/19/2022 11/19/22 Pending -- -- --
11/03/2022 11/03/22 Price Changed $875,000 -2.8% $350 / Sq Ft
10/19/2022 10/19/22 Price Changed $899,900 -5.3% $360 / Sq Ft
10/10/2022 10/10/22 Price Changed $950,000 -2.6% $380 / Sq Ft
10/07/2022 10/07/22 For Sale $975,000 +84.3% $390 / Sq Ft
02/10/2015 02/10/15 Sold $529,000 -5.4% $222 / Sq Ft View Prior Sale
10/12/2014 10/12/14 Pending -- -- --
09/19/2014 09/19/14 For Sale $559,000 -- $235 / 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 $10,185 $434,300 $0 $0
2024 $4,396 $404,300 $0 $0
2023 $4,202 $335,200 $0 $0
2022 $7,262 $312,000 $0 $0
2021 $7,262 $320,500 $0 $0
2020 $7,262 $337,900 $0 $0
2019 $7,135 $312,000 $0 $0
2018 $7,012 $294,600 $0 $0
2017 $6,893 $279,100 $0 $0
2016 $6,809 $240,300 $0 $0
2014 $4,107 $195,300 $0 $0
2012 $4,107 $185,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221049626

Realcomp

APN: 16-22-300-003