1 month on rocket

345 N Lafayette St, South Lyon, MI, 48178

$1,100,000

Home List Price

$10,000*

Closing Credit

3 Full Baths, 2 Partial
2,710 SqFt
$406/SqFt
Multi
Schools Nearby

Location

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345 N Lafayette St, South Lyon$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1900
HeatingNatural Gas, Forced Air, Hot Water
BasementYes
MLS #20240018171
Lot Size3.00 Acres
StatusActive

About 345 N Lafayette St

3 Acres of Prime Property located in Downtown South Lyon. Sale includes 345 N. Lafayette AND 405 N. Lafayette. 188 feet frontage on Layette (Pontiac Trail) Perfect spot for new Retail shops with Apartments or Lofts. Many possibilities! Value is in the land. Current buildings are tenant occupied. Do not approach tenants or walk property without permission.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod, Colonial
  • Year Built: 1900
  • Stories: 2
  • Living Area: 2,710 SqFt

Listing Office:

  • Office Name: Coldwell Banker Metro Real Estate
  • Office Phone: (248) 242-7282
  • Listing Agent: Lance Shamoo

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Virtual/3D Tour

  • Virtual Tour: 345 N Lafayette St

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 3.00 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Hot Water

School Info

Assigned Schools Information:

  • South Lyon High School, Public District Grades 9-12
  • Millennium Middle School, Public Magnet Grades 6-8
  • Frank E. Bartlett Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: 2 homes/ buildings on West side of Pontiac Trail just S of RR Tracks past window company

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $406/SqFt

Tax Information:

  • Annual Amount: $3,904
  • 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

345 N Lafayette St vs South Lyon

38 DAYS ON ROCKET

+18 Days

$1,100,000

+$660.5K More

$406/SqFt

+$203 More

KEY TAKEAWAY

This property is $660.5K more than the Median Sold Price and $203/SqFt more than other homes in South Lyon, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240018171

Listing Office:

  • Office Name: Coldwell Banker Metro Real Estate
  • Office Phone: (248) 242-7282
  • Listing Agent: Lance Shamoo

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 9:25:19 PM 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$3,904$73,960
2020$3,881$73,200
2018$3,783$68,170
2017$3,773$65,150

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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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-2650994
7
/10

  • Frank E. Bartlett Elementary School

  • 350 School St

  • 0.20 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-2650995
7
/10

  • Millennium Middle School

  • 61526 9 Mile Rd

  • 1.19 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2650996
7
/10

  • South Lyon High School

  • 1000 N Lafayette St

  • 0.51 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 $81,368. Residents of South Lyon, MI typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Oakland County›South Lyon›48178›345 N Lafayette St

This home is located at 345 N Lafayette St in South Lyon, MI and zip code 48178. This 2,710 square foot home, which was built in 1900, sits on a 3.00 acre lot. Features: 5 bathrooms. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $1,100,000.

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. Between February 2024 and March 2024, South Lyon, MI real estate market has seen increase in the number of listings by 18.3%. The median list price of listings available in March 2024 was $439,410, while the average time on the real estate market was 20 days.

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

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