For sale

$320,000

320 University Ave, South Lyon, MI 48178

3beds

1,888sqft

$2,382/mo

Get pre-qualified

Single Family Residence

Built in 1974

8,712 Square Feet Lot

$315,200 Zestimate^®

$169/sqft

$-- HOA

What's special

Enjoy the best of South Lyon living at 320 University Avenue! This 3-bedroom, 1-bath brick ranch offers hardwood flooring throughout, stainless steel appliances, including a new dishwasher installed in 2026, and a finished basement with additional space to relax and entertain. The large, fully fenced backyard is ready for outdoor enjoyment, with plenty of room for gardening and activities, a deck with a weatherproof TV mount, and a peach tree in the yard. Spacious two-car garage offers ample room for parking and storage and is equipped with a new garage door opener installed in 2026 with myQ app connectivity. Additional recent updates include a brand-new water heater installed in 2026. Located within walking and biking distance of downtown South Lyon, you'll enjoy easy access to local shops, restaurants, McHattie Park, and nearby walking and biking trails. Welcome home!

5 days
808
89

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: Entry
Area: 130
Dimensions: 13 X 10

Bedroom

Level: Entry
Area: 110
Dimensions: 11 X 10

Bedroom

Level: Entry
Area: 90
Dimensions: 10 X 9

Other

Level: Entry

Kitchen

Level: Entry
Area: 162
Dimensions: 18 X 9

Living room

Level: Entry
Area: 192
Dimensions: 16 X 12

Heating

Forced Air, Natural Gas

Cooling

Ceiling Fans, Central Air

Appliances

Included: Dishwasher, Disposal, Dryer, Free Standing Gas Range, Free Standing Refrigerator, Microwave, Stainless Steel Appliances, Washer, Water Softener Owned

Features

Basement: Finished
Has fireplace: No

Interior area

Total interior livable area: 1,888 sqft
Finished area above ground: 980
Finished area below ground: 908

Property

Parking

Total spaces: 2
Parking features: Two Car Garage, Detached
Garage spaces: 2

Features

Levels: One
Stories: 1
Entry location: GroundLevel
Patio & porch: Deck, Porch
Pool features: None
Fencing: Back Yard

Lot

Size: 8,712 Square Feet
Dimensions: 60 x 125
Features: Corner Lot

Details

Parcel number: 2130427002
Special conditions: Short Sale No,Standard

Construction

Type & style

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

Materials

Brick
Foundation: Basement, Poured, Sump Pump
Roof: Asphalt

Condition

New construction: No
Year built: 1974

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Sidewalks
Subdivision: LYON GARDENS

HOA

Has HOA: No

Location

Region: South Lyon

Financial & listing details

Price per square foot: $169/sqft
Tax assessed value: $126,980
Annual tax amount: $5,395
Date on market: 10/30/2026
Cumulative days on market: 5 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA,Va Loan

Estimated market value

$315,200

$299,000 - $331,000

$1,770/mo

Price history

Date	Event	Price
10/30/2026	Listed for sale	$320,000+23.1%$169/sqft
Source: Realcomp II #20261087384 Report a problem
8/10/2022	Pending sale	$259,900-1.9%$138/sqft
Source: AAABOR #3289015 Report a problem
8/9/2022	Sold	$265,000+2%$140/sqft
Source: MichRIC #54270 Report a problem
7/11/2022	Contingent	$259,900$138/sqft
Source: AAABOR #3289015 Report a problem
7/6/2022	Price change	$259,900-4.4%$138/sqft
Source: AAABOR #3289015 Report a problem
7/2/2022	Listed for sale	$272,000$144/sqft
Source: AAABOR #3289015 Report a problem
6/26/2022	Contingent	$272,000$144/sqft
Source: AAABOR #3289015 Report a problem
6/23/2022	Listed for sale	$272,000+70%$144/sqft
Source: AAABOR #3289015 Report a problem
3/15/2021	Listing removed	--
Source: Owner Report a problem
1/5/2015	Sold	$160,000$85/sqft
Source: Public Record Report a problem
11/17/2014	Sold	$160,000+0.1%$85/sqft
Source: Agent Provided Report a problem
10/3/2014	Price change	$159,900+3.2%$85/sqft
Source: Owner Report a problem
9/26/2014	Price change	$154,900-3.1%$82/sqft
Source: Owner Report a problem
9/11/2014	Listed for sale	$159,900$85/sqft
Source: Owner Report a problem
9/3/2014	Listing removed	$159,900$85/sqft
Source: Quantum Real Estate, LLC. #214048104 Report a problem
5/23/2014	Price change	$159,900+1.5%$85/sqft
Source: Quantum Real Estate, LLC. #214048104 Report a problem
5/1/2014	Listed for sale	$157,500-1.6%$83/sqft
Source: Owner Report a problem
7/2/2001	Sold	$160,000+20.5%$85/sqft
Source: Public Record Report a problem
2/23/1998	Sold	$132,800+11.6%$70/sqft
Source: Public Record Report a problem
9/30/1996	Sold	$119,000$63/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,257 +7.2%	$136,770 +6.3%
2024	$4,905 +17.6%	$128,660 +9.7%
2023	$4,171 +5.2%	$117,310 +13.8%
2022	$3,964 +45.5%	$103,050 +3.5%
2021	$2,724	$99,520 +5.7%
2020	--	$94,190 +8.7%
2019	$2,724 +2%	$86,660 +5.8%
2018	$2,669 -41.9%	$81,920 +1.7%
2017	$4,598	$80,590 +4.8%
2016	$4,598	$76,910 +21.7%
2015	--	$63,190 +17.6%
2014	--	$53,730 -2%
2011	--	$54,830 -4.3%
2010	$2,388 -14%	$57,310 -18.4%
2009	$2,776 +18.5%	$70,270 -53.4%
2005	$2,342	$150,670 +81.7%
2003	--	$82,930 +16.7%
2002	--	$71,090 +44.8%
2001	$1,901 +6.9%	$49,100 +3.2%
2000	$1,779	$47,580