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25060 Milford Rd, South Lyon, MI, 48178

$675,000

Home List Price

$8,016*

Closing Credit

2 Bedrooms
1 Full Bath
1,158 SqFt
$583/SqFt
House

Location

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25060 Milford Rd, South Lyon$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1968
HeatingNatural Gas, Forced Air
CoolingCeiling Fan(s), Central Air
BasementYes
MLS #20240074577
Lot Size10.00 Acres
StatusActive

About 25060 Milford Rd

A BARN LOVER'S DREAM COME TRUE! One of the largest and best-equipped barns located in a desirable, up-and-coming area in Lyon Twp with tons of surrounding development opportunity! This property is situated on a deep 10+ acre parcel with 330ft of frontage and is currently zoned R-1.0, Residential/Agricultural offering versatility among multiple venture types. The impressive, nearly 6000sf towering structure was fully built-out in 2020 with hundreds of thousands of dollars in commercial-grade equipment, fully insulated with an office area, new full bathroom, multiple private rooms with approximately 14ft+ ceiling height, washroom, furnace, 4 air conditioning units, separate well, all new electrical system including five 225 amp electrical panels with an 800 amp main going into the barn and a transformer that could power an entire shopping mall, a full perimeter drainage swale (barn), steel roof sheathing, separate storage area and extensive camera/security system, plus the convenience of a residential dwelling on-site to maximize efficiency! The primary dwelling is a solid brick ranch that boasts pride of ownership and has been immaculately maintained and recently updated with a brand new roof (2024), new sump pump (2024), new iron filter (2024), chimney improvements (2024), new air conditioning unit (2022) and newer furnace (approximately 2014), newer commercial-grade carpet and paint throughout, newer hardwood flooring in one of the bedrooms, a full/finished basement and storage areas and a quaint rear patio for outdoor enjoyment. An opportunity like no other and a great long-term play in Lyon Twp, the fastest growing community in Southeast Michigan! **FULL LIST OF FEATURES AND EQUIPMENT AVAILABLE AND TO BE PROVIDED TO VIABLE CANDIDATES UPON INQUIRY**

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1968
  • Stories: 1
  • Living Area: 1,158 SqFt

Listing Office:

  • Office Name: @properties Christie's Int'l R.E. Birmingham
  • Office Phone: (248) 850-8632
  • Listing Agent: Nicolas Petrucci

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Electric Cooktop, Refrigerator, Washer
  • Basement: Yes
  • Interior: 220 Volts, Cable Available, Circuit Breakers, Fuses

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Lighting

Lot Features

Lot Information:

  • Lot: Cleared, Wooded
  • Lot Size: 10.00 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: Take Milford Rd. north from 10 Mile Rd. - East side of Milford Rd. north of Appaloosa Ln.

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $583/SqFt

Tax Information:

  • Annual Amount: $4,514
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$460K

Med. Price/SqFt

$208

Avg. Days On Market

55

# of Sold Homes

41

25060 Milford Rd vs South Lyon

42 DAYS ON ROCKET

-13 Days

$675,000

+$215K More

$583/SqFt

+$375 More

KEY TAKEAWAY

This property is $215K more than the Median Sold Price and $375/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: #20240074577

Listing Office:

  • Office Name: @properties Christie's Int'l R.E. Birmingham
  • Office Phone: (248) 850-8632
  • Listing Agent: Nicolas Petrucci

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: 11/15/2024, 8:20:53 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

YEARPROP. TAXASSESSMENT
2021$4,514$166,020
2020$4,384$156,400
2018$4,506$146,220
2017$3,661$138,390

History based on county public records data.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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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.

Nearby Schools

school-card-donut-458122
6
/10
  • Willam A. Pearson Elementary School

  • 57900 11 Mile Rd

  • 0.80 miles

  • Public Magnet Grades KG-5

school-card-donut-458123
5
/10
  • Sayre Elementary School

  • 23000 Valerie St

  • 2.09 miles

  • Public District Grades KG-5

school-card-donut-458124
7
/10
  • Frank E. Bartlett Elementary School

  • 350 School St

  • 2.40 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $94,537. The majority of South Lyon, MI residents have income between $35k-100k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 25060 Milford Rd

What is the listing price of this property?

The listing price of 25060 Milford Rd property is $675,000.

What type of property is this?

The property 25060 Milford Rd is a house located in South Lyon, Michigan, 48178.

Is this property for sale now?

Active Listing: 25060 Milford Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,514 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 25060 Milford Rd has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 25060 Milford Rd is 1,158 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 25060 Milford Rd is 1968.

Rocket Homes›Michigan›Oakland County›South Lyon›48178›25060 Milford Rd

This home is located at 25060 Milford Rd in South Lyon, MI and zip code 48178. This 1,158 square foot home, which was built in 1968, sits on a 10.00 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $675,000.

In October 2024 more than 12 listings in South Lyon, MI were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 23 were sold below. Between September 2024 and October 2024, South Lyon, MI real estate market has seen increase in the number of listings by 7.1%. In October 2024, listings were on the market for 55 days. During the same period, the median list price in this real estate market was $460,000.

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

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