For sale

$299,999

201 W Liberty St, South Lyon, MI 48178

3beds

1,776sqft

$2,191/mo

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Single Family Residence

Built in 1925

9,583 Square Feet Lot

$299,900 Zestimate^®

$169/sqft

$-- HOA

What's special

Downtown South Lyon rehab opportunity with plenty of potential for a buyer ready to bring their vision to life. Built in 1925, this 1,776 sq ft Colonial offers 3 bedrooms, hardwood floors, a spacious 15x28 living room, a generous dining room, and a sunroom that adds valuable flexibility. The layout provides an opportunity to reimagine the living spaces, modernize the kitchen and baths, and create a home tailored to your needs. Outside, the fenced 66x144 lot features mature trees, a covered porch, a wooden deck, and a rare 4-car detached garage. Enjoy a walkable location near the shops, restaurants, and events along Lafayette and Lake Street. Sold as-is. Cash, conventional, and renovation financing, including 203k or HomeStyle, are welcome. Bring your contractor and explore the possibilities.

20 days
2,380
77

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 1
1/2 bathrooms: 2

Primary bedroom

Level: Second
Area: 221
Dimensions: 13 X 17

Bedroom

Level: Entry
Area: 90
Dimensions: 10 X 9

Bedroom

Level: Second
Area: 80
Dimensions: 8 X 10

Other

Level: Second
Area: 64
Dimensions: 8 X 8

Other

Level: Entry
Area: 25
Dimensions: 5 X 5

Other

Level: Entry
Area: 40
Dimensions: 10 X 4

Other

Level: Entry
Area: 88
Dimensions: 11 X 8

Dining room

Level: Entry
Area: 187
Dimensions: 11 X 17

Kitchen

Level: Entry
Area: 80
Dimensions: 8 X 10

Living room

Level: Entry
Area: 420
Dimensions: 15 X 28

Heating

Forced Air, Natural Gas

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total interior livable area: 1,776 sqft
Finished area above ground: 1,776

Property

Parking

Total spaces: 4
Parking features: Four Car Garage, Detached
Garage spaces: 4

Features

Levels: Two
Stories: 2
Entry location: GroundLevelwSteps
Pool features: None
Fencing: Back Yard,Fenced

Lot

Size: 9,583 Square Feet
Dimensions: 66 x 144.29

Details

Parcel number: 2130231005
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Colonial
Property subtype: Single Family Residence

Materials

Wood Siding
Foundation: Michigan Basement
Roof: Asphalt

Condition

New construction: No
Year built: 1925

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: CALKINS ADD

HOA

Has HOA: No

Location

Region: South Lyon

Financial & listing details

Price per square foot: $169/sqft
Tax assessed value: $82,680
Annual tax amount: $3,498
Date on market: 8/21/2026
Cumulative days on market: 20 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA 203K

Estimated market value

$299,900

$285,000 - $315,000

$2,851/mo

Price history

Date	Event	Price
8/21/2026	Listed for sale	$299,999$169/sqft
Source: Realcomp II #20261066481 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,320 +5.4%	$159,330 +10.4%
2024	$3,149 +8.1%	$144,330 +1.5%
2023	$2,912 +5.1%	$142,210 +14%
2022	$2,770 +1%	$124,780 +1.5%
2021	$2,742	$122,940 +7.1%
2020	--	$114,840 +6.4%
2019	$2,742 +2.2%	$107,890 -2.5%
2018	$2,684 +0.8%	$110,680 +1.5%
2017	$2,661	$109,030 +10%
2016	$2,661	$99,090 +10.2%
2015	--	$89,880 +16.3%
2014	--	$77,300 -2.3%
2011	--	$79,090 -6.7%
2010	$2,401 +5.2%	$84,780 -12%
2009	$2,283 +24.9%	$96,370 -38.9%
2005	$1,828	$157,620 +47.3%
2003	--	$107,020 +21.1%
2002	--	$88,340 +91.5%
2001	$1,785 +6.9%	$46,120 +3.2%
2000	$1,671	$44,690