tomo logo

$675,000

Beds
2
Baths
1.0
sq ft
1,158

25060 Milford Rd, South Lyon, MI 48178

25060 Milford Rd

Lyon Twp, MI 48178

  • 27 days on market
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**

Details

Property type

Single Family Residence

Est. home value

$699,861

Lot size

10.00 acres

Price per sq ft

$583

Year built

1968

Annual property taxes

$5,434

Price History

11/25/2024
Realcomp

Realcomp #20240088568

Listed
$675,000
+60.71%
02/28/2017
Realcomp

Realcomp #216110992

Sold
$420,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

South Lyon

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Unknown Lender

Loan start date

February 2017

Original loan amount

$357,000

Est. remaining balance

Not provided

Interest rate

4.12%

Loan type

Land Contract (Argmt. Of Sale), 5 year

Seller

Jeffrey Massay and Kari Massay

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
Realcomp
$620,000
2 bd
|
2 ba
|
1,821 sq ft
|
House

30165 Turtle Creek Cir, New Hudson, MI 48165

Realcomp
$730,000
3 bd
|
2.5 ba
|
1,954 sq ft
|
House

7781 Salem Rd, Northville, MI 48168

Price drop
Realcomp
$595,000
3 bd
|
2 ba
|
1,530 sq ft
|
House

26102 Beck Rd, Novi, MI 48374

Status: Active

Tomo last checked: 12/23/2024 at 6:00 AM

Listing updated: 11/26/2024 at 6:05 AM

Listed by: Nicolas Petrucci, @properties Christie's Int'l R.E. Birmingham Phone #: (248) 850-8632

MLS: Realcomp #20240088568

Realcomp logo

Recently listed in Lyon Twp

$309,900|2 bd|2.0 ba|Manufactured
$275,000|3 bd|1.5 ba|House
$748,990|5 bd|4.5 ba|House
$465,000|3 bd|2.5 ba|House
$425,000|7 bd|3.0 ba|House
$675,000|2 bd|1.0 ba|House