Wonderful opportunity to build on 4+ Gorgeous Acres with Mike Miller Building Co. Design as small or as large as you wish. Four useable acres on lush, green, rolling hills.
Property Details
Property Features
Listing Office:
Office Name: GEM Realty & Development
Office Phone: (734) 812-0088
Listing Agent: Gregory Morad
Lot Features
Lot Information:
Lot Size: 4.00 Acres
Other
Directions Information:
Directions: W 8 Mile/N Earhart Rd
Price Information
Listing Price Info
Price Summary:
List Price: $399,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in South Lyon, MI.
This property is $61K less than the Median Sold Price in South Lyon, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240083432
Listing Office:
Office Name: GEM Realty & Development
Office Phone: (734) 812-0088
Listing Agent: Gregory Morad
Disclaimer: 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.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,059
Per Month
Principal & Interest
$1,992
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
$1,263
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Sayre Elementary School
23000 Valerie St
Distance between this listing and this school2.20 miles
Public District Grades KG-5
8
/10
William A. Brummer Elementary School
9919 N Rushton Rd
Distance between this listing and this school2.20 miles
Public District Grades KG-5
7
/10
Frank E. Bartlett Elementary School
350 School St
Distance between this listing and this school2.45 miles
Public Magnet Grades KG-5
Nearby Schools
5
/10
Centennial Middle School
62500 9 Mile Rd
Distance between this listing and this school1.40 miles
Public District Grades 6-8
7
/10
Millennium Middle School
61526 9 Mile Rd
Distance between this listing and this school1.66 miles
Public Magnet Grades 6-8
5
/10
Scranton Middle School
8415 Maltby Rd
Distance between this listing and this school7.41 miles
Public District Grades 7-8
Nearby Schools
8
/10
South Lyon High School
1000 N Lafayette St
Distance between this listing and this school3.19 miles
Public District Grades 9-12
7
/10
Livingston Classical Academy
8877 Main St
Distance between this listing and this school4.52 miles
Public Charter Grades KG-12
7
/10
Whitmore Lake High School
7430 Whitmore Lake Rd
Distance between this listing and this school5.60 miles
The neighbors living near this home have an average income of $114,486. The majority of South Lyon, MI residents have income between $100k-200k annually. Residents typically live in married, with 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 64162 W 8 Mile Rd
What is the listing price of this property?
The listing price of 64162 W 8 Mile Rd property is $399,000.
What type of property is this?
The property 64162 W 8 Mile Rd is land located in South Lyon, Michigan, 48178.
Is this property for sale now?
Active Listing: 64162 W 8 Mile Rd is For Sale (Active/New) which means the seller is accepting offers.
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.
This home is located at 64162 W 8 Mile Rd in South Lyon, MI and zip code 48178. This home sits on a 4.00 acre lot. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $399,000.
While more than 12 listings in South Lyon, MI in October 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 23 were sold below. In October 2024 in South Lyon, MI there were 7.1% more homes for sale than in September 2024. While the average time on the market in October 2024 was 55 days, the median list price was $460,000.
From Rocket Homes Real Estate and based on county public records data.