$7,600 Closing Credit*
$640,000
2,377 SqFt
3 Beds
•2 Full Baths, 1 Partial
James T Silver, Listing Office: Keller Williams Somerset
1 / 1
Sold in 9 Days
13868 Merrie Meadow Ln, South Lyon, MI, 48178
Closed On : Thu Sep 19 2024
$545,300
$4.7K Below Asking
List Price : $550,000
4 Bedrooms
2 Full Baths, 1 Partial
2,676 SqFt
House
Location
Comparable Homes
Price Details
Housing Market Comparison
See how this home compares to others in South Lyon, MI.
City
Med. Sold Price
$460K
Med. Price/SqFt
$208
Avg. Days On Market
55
# of Sold Homes
41
13868 Merrie Meadow Ln vs South Lyon
64 DAYS ON ROCKET
+9 Days
$545,300
+$85.3K More
KEY TAKEAWAY
This property is $85.3K more than the Median Sold Price in South Lyon, MI.
Based on homes sold in the last 12 months
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: 11/3/2024, 6:20:53 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
| YEAR | PROP. TAX | ASSESSMENT |
|---|---|---|
| 2021 | $4,386 | $194,500 |
| 2020 | $4,342 | $206,400 |
| 2019 | $4,394 | $173,500 |
| 2017 | $4,395 | $163,100 |
History based on county public records data.
Payment Calculator
$2,813
Per Month
Principal & Interest
$2,746
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,715
Powered By
Advertisement
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
6
/10
Kent Lake Elementary School
30181 Kent Lake Rd
Distance between this listing and this school1.25 miles
Public District Grades PK-5
Middle School
5
/10
Centennial Middle School
62500 9 Mile Rd
Distance between this listing and this school3.32 miles
Public District Grades 6-8
High School
8
/10
South Lyon High School
1000 N Lafayette St
Distance between this listing and this school1.97 miles
Public District Grades 9-12
Neighborhood
What Are The Neighbors Like?
How much money do the neighbors make?
7%
<35k
42%
35k-100k
47%
100k-200k
4%
200k+
What level of education do the neighbors have?
- Post Secondary
- 58%
- High School
- 30%
- Masters
- 12%
What types of families live nearby?
17%
Single, No Kids
4%
Single, with Kids
42%
Married, No Kids
37%
Married, with Kids
Are the neighbors home owners or renters?
- Home Owners
- 97%
- Renters
- 3%
How old are people in this area?
15%
<11 yrs old
13%
12-17 yrs old
12%
18-34 yrs old
49%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
- Skiing/snowboarding
- PGA/LPGA
- Figure Skating
Skiing/snowboarding
PGA/LPGA
Figure SkatingWhere do the neighbors shop?
- BJs Wholesale Club
- Stein Mart
- Kmart
BJs Wholesale Club
Stein Mart
KmartWhere do the neighbors go to eat?
- Panera
- Cracker Barrel
- Bob Evans
Panera
Cracker Barrel
Bob EvansWhat do the neighbors drive?
- Infiniti
- Lexus
- Lincoln
Infiniti
Lexus
LincolnWhat do the neighbors listen to?
- Adult Hits
- Oldies
- News/Talk/Information
Adult Hits
Oldies
News/Talk/InformationThe neighbors living near this home have an average income of $101,048. Typical income of South Lyon, MI residents is between $100k-200k annually. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Interested in homes like this? Let's connect.
Contact Us
(855) 200-2001Let Us Contact You
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
Rocket Homes›Michigan›Oakland County›South Lyon›48178›13868 Merrie Meadow Ln
In October 2024, from all listings sold in South Lyon, MI there were more than 12 sold above asking price, over 23 sold below and more than 6 were sold right at the asked price. Between September 2024 and October 2024, South Lyon, MI real estate market has seen increase in the number of listings by 7.1%. The median list price of listings available in October 2024 was $460,000, while the average time on the real estate market was 55 days.
From Rocket Homes Real Estate and based on county public records data.
More Resources
More Homes For Sale in South Lyon
Homes For Sale in Nearby Cities
Housing Market Reports in Oakland County
- Independence Charter Township Housing Market
- Oxford Charter Township Housing Market
- Rochester Hills Housing Market
- Lake Angelus Housing Market
- Ferndale Housing Market
- Madison Heights Housing Market
- Farmington Hills Housing Market
- Walled Lake Housing Market
- Pleasant Ridge Housing Market
- Oxford Housing Market
- Bloomfield Hills Housing Market
- White Lake Charter Township Housing Market