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$270,000

Beds
3
Baths
1.0
sq ft
1,045

942 Oxford Ave, South Lyon, MI 48178

942 Oxford Ave

South Lyon, MI 48178

  • 2 days on market
    • Open house Jan 15
Absolutely adorable Downtown South Lyon ranch with a fully finished lower level! New Roof in 2017, New Windows and Exterior Doors in 2017, New Water Heater in December 2024, New Dishwasher in Dec 2024, New Water Softener in 2020, the list goes on and on! Open concept living area on the main level with 3 bedrooms and a spacious full bathroom with ceramic tile flooring. Retreat to the lower level that is fully finished with a wet bar (can be a second full kitchen with appliances!), huge living area, storage room, and 4th non-conforming bedroom that can be used as a private home office for the remote worker! Fully fenced-in backyard can be enjoyed from your newly stained rear deck. Walking distance to all the festivities and restaurants Downtown South Lyon has to offer!

Details

Property type

Single Family Residence

Est. home value

$261,736

Lot size

7,405 sq ft

Price per sq ft

$259

Year built

1972

Annual property taxes

$4,342

Price History

01/13/2025
Realcomp

Realcomp #20250002659

Listed
$270,000
+38.53%
01/28/2020
Realcomp

Realcomp #219119392

Sold
$194,900
+33.95%
10/17/2016
Realcomp

Realcomp #216073143

Sold
$145,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

South Lyon

Negotiation Insights

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

Seller could get up to

$173,210
Asking price
$270,000
Closing costs (~8% of asking)
-$21,600
Est. remaining loan balance
-$75,190
Cash to seller
$173,210

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Inlanta Mortgage Inc

Loan start date

March 2020

Original loan amount

$103,000

Est. remaining balance

$75,190

Interest rate

2.97%

Loan type

New Conventional, 15 year

Seller

James Davis

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?

Status: Active

Tomo last checked: 01/15/2025 at 10:25 AM

Listing updated: 01/15/2025 at 10:15 AM

Listed by: Todd Fedie, KW Realty Livingston Phone #: (810) 227-5500

MLS: Realcomp #20250002659

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