1 month on rocket

2551 7 Mile Rd, South Lyon, MI, 48178

$475,000

5.65 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Lot
WaterfrontPrivate Frontage, Stream
MLS #24012171
Lot Size5.65 Acres
StatusActive

About 2551 7 Mile Rd

The BENEFIT of this Premium Single-Family Home build-site in Northfield Township w/ South Lyon Schools and mailing... 5.65 ACRES of premium rolling land with mature trees, open pastures, stream running through the length of the property and fed by Tobin Lake, fences pastures, perimeter fence, large hay/horse barn, pole barn, residential structure, gardens, fruit trees, and all of the wildlife and beautiful views from every angle. The ideal build site is located near the ridge alongside the stream with walkout and long breathtaking views across your property. The possibilities are endless for this custom luxury home build site. Other possible build sites exist far past the barn at the very north side of the lot.... read more on expanded details. The BENEFIT of this Premium Single-Family Home build-site in Northfield Township w/ South Lyon Schools and mailing... 5.65 ACRES of premium rolling land with mature trees, open pastures, stream running through the length of the property and fed by Tobin Lake, fences pastures, perimeter fence, large hay/horse barn, pole barn, residential structure, gardens, fruit trees, and all of the wildlife and beautiful views from every angle. The ideal build site is located near the ridge alongside the stream with walkout and long breathtaking views across your property. The possibilities are endless for this custom luxury home build site. Other possible build sites exist far past the barn at the very north side of the lot. Convenient paved road access to Ann Arbor, Brighton, Whitmore Lake, Northville and freeways. Build your DREAM HOME at this DREAM LOCATION where you will sit back and enjoy the peacefulness offered at this amazing setting. This SFH Buildable Lot represents the best opportunity found on the market today. The natural private setting is nearly impossible to find elsewhere with over 800 feet of flowing stream running through the property. This lot easily accommodating a 2,500 sqft to over 8,000 sqft home with walkout / daylight basement, multiple car garage, secondary structures (in addition to those that already exist, pool, large circular driveway, etc. Keep it quaint or make it spectacular. Have your Custom Home Built here using your own builder or talk to area's premiere builder / sales team about plans offering elegance perfected. TOUR current projects and review building plans. Privately owned, please make appointment to walk lot. House on lot can be refurbished and/or added on to. Need a bridge, conventional, FHA or VA LOAN, we have great lenders to serve you. Need help transitioning from your current home to this new home, we can help here as well. Let's get started today!

Property Details

Property Features

Listing Office:

  • Office Name: Brandt Real Estate
  • Office Email: Info@Brandt-RealEstate.com
  • Listing Agent: Keith P Brandt

Exterior Features

Exterior Information:

  • Waterfront: Private Frontage, Stream

Virtual/3D Tour

  • Virtual Tour: 2551 7 Mile Rd

Virtual Tour

Lot Features

Lot Information:

  • Lot: Ravine, Rolling/Hilly, Cleared, Farm, Wooded
  • Lot Size: 5.65 Acres

School Info

Assigned Schools Information:

  • South Lyon East High School, Public District Grades 9-12
  • Millennium Middle School, Public Magnet Grades 6-8
  • Salem Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From all points west and east take 7 Mile Road to between Spencer and Rushton. The property is located on the North side of 7 Mile. Look for BRE sign. Just minutes from Whitmore Lake / US-23 and about 25 minutes from Northville.

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000

Tax Information:

  • Annual Amount: $3,479
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in South Lyon, MI.

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South Lyon, MI

City

Med. Sold Price

$439.4K

Med. Price/SqFt

$202

Avg. Days On Market

20

# of Sold Homes

26

2551 7 Mile Rd vs South Lyon

46 DAYS ON ROCKET

+26 Days

$475,000

+$35.5K More

KEY TAKEAWAY

This property is $35.5K more than the Median Sold Price in South Lyon, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24012171

Listing Office:

  • Office Name: Brandt Real Estate
  • Office Email: Info@Brandt-RealEstate.com
  • Listing Agent: Keith P Brandt

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:20:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,479$119,400
2020$3,428$117,800
2019$3,378$114,100
2018$3,408$116,500
2017$3,405$114,200

History based on county public records data.

Payment Calculator

$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2765005
5
/10

  • Salem Elementary School

  • 7806 Salem Rd

  • 6.98 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2765006
7
/10

  • Millennium Middle School

  • 61526 9 Mile Rd

  • 3.66 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2765007
7
/10

  • South Lyon East High School

  • 52000 10 Mile Rd

  • 8.22 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $92,656. The most common annual income of people living in South Lyon, MI is between $35k-100k. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2551 7 Mile Rd

What is the listing price of this property?

The listing price of 2551 7 Mile Rd property is $475,000.

What type of property is this?

The property 2551 7 Mile Rd is land located in South Lyon, Michigan, 48178.

Is this property for sale now?

Active Listing: 2551 7 Mile Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2551 7 Mile Rd are:
Salem Elementary School: GreatSchools Rating 5/10
Millennium Middle School: GreatSchools Rating 7/10
South Lyon East High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,479 (source: MLS/based on county public records data).

How much acreage is this property?

The property 2551 7 Mile Rd is 5.65 acres.
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Rocket Homes›Michigan›Oakland County›South Lyon›48178›2551 7 Mile Rd

This home is located at 2551 7 Mile Rd in South Lyon, MI and zip code 48178. This home sits on a 5.65 acre lot. It has been listed on Rocket Homes since March 14, 2024 and is currently priced at $475,000.

Over 9 listings were sold over their listed price in March 2024 in South Lyon, MI. In the same period over 12 listings were sold below the listed price and 5 listings were sold for the listed price. The number of listings in South Lyon, MI increased by 18.3% between February 2024 and March 2024. While the average time on the market in March 2024 was 20 days, the median list price was $439,410.

From Rocket Homes Real Estate and based on county public records data.

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