Great multifamily home or investment property. This home is currently has 2 separate units. The first floor home offers a large living room 3 bedrooms 2 full bathrooms and a basement. The second unit has its own private entrance with 1 bedroom 1 bathroom, kitchen and living room. Both are well maintained. Prefect location in South Lyon with the walking/bike path right next door and the park across the street. Appliances are included. Great opportunity to live in one unit and rent out the other or for a multigeneration family home for in-laws. Second story has tenant in home. Please do not disturb the tenant, showing for upper unit will be scheduled at later date. Each unit has its own electric and gas meter.
Sold for $226,000
$226,000
500 McMunn St, South Lyon, MI 48178
4beds
1,717sqft
Multi Family
Built in 1940
-- sqft lot
$286,600 Zestimate®
$132/sqft
$1,860 Estimated rent
Home value
$286,600
$264,000 - $312,000
$1,860/mo
Zestimate® history
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$1,548/mo
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Zillow last checked:
Listing updated:
Listed by:
Tracy Johnson 517-861-6330,
BHHS Heritage Real Estate
Bought with:
Benjamin Cockrum, 6501402850
Preferred, Realtors® Ltd
Source: Realcomp II,MLS#: 20230076311
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Natural Gas, Wall Furnace
Cooling
- Central Air, Wall Units
Features
- Basement: Partial,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,717 sqft
- Finished area above ground: 1,717
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 0.38 Acres
- Dimensions: 120 x 275 x 285
Details
- Parcel number: 2130252002
- Zoning description: Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Basement, Crawl Space, Poured
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: South Lyon
Financial & listing details
- Price per square foot: $132/sqft
- Tax assessed value: $212,000
- Annual tax amount: $3,028
- Date on market: 9/8/2023
- Cumulative days on market: 52 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/21/2023 | Listed for rent | $1,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/20/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/16/2023 | Sold | $226,000-12.7%$132/sqft |
Source:  Realcomp II #20230076311 Report a problem | ||
| 10/30/2023 | Pending sale | $259,000$151/sqft |
Source: Realcomp II #20230076311 Report a problem | ||
| 10/9/2023 | Price change | $259,000-0.3%$151/sqft |
Source: Realcomp II #20230076311 Report a problem | ||
| 9/28/2023 | Listed for rent | $1,600+28%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/12/2023 | Price change | $259,900-3.7%$151/sqft |
Source: Realcomp II #20230076311 Report a problem | ||
| 9/9/2023 | Listed for sale | $269,900+145.6%$157/sqft |
Source: Realcomp II #20230076311 Report a problem | ||
| 3/15/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/4/2019 | Listing removed | $1,250$1/sqft |
Source: Owner Report a problem | ||
| 4/29/2019 | Price change | $1,250-3.8%$1/sqft |
Source: Owner Report a problem | ||
| 1/21/2019 | Listed for rent | $1,300+8.3%$1/sqft |
Source: Owner Report a problem | ||
| 3/26/2017 | Listing removed | $1,200$1/sqft |
Source: Owner Report a problem | ||
| 3/17/2017 | Listed for rent | $1,200+9.2%$1/sqft |
Source: Owner Report a problem | ||
| 2/6/2016 | Listing removed | $1,099$1/sqft |
Source: McMunn Properties LLC Report a problem | ||
| 10/28/2015 | Price change | $1,099-4.8%$1/sqft |
Source: McMunn Properties LLC Report a problem | ||
| 9/1/2015 | Listed for rent | $1,155+131.5%$1/sqft |
Source: McMunn Properties LLC Report a problem | ||
| 3/10/2013 | Listing removed | $499 |
Source: McMunn Properties LLC Report a problem | ||
| 2/11/2013 | Price change | $499-5% |
Source: McMunn Properties LLC Report a problem | ||
| 1/14/2013 | Listed for rent | $525 |
Source: McMunn Properties LLC Report a problem | ||
| 1/21/2004 | Sold | $109,900+54.8%$64/sqft |
Source: Public Record Report a problem | ||
| 2/13/2002 | Sold | $71,000+8.8%$41/sqft |
Source: Public Record Report a problem | ||
| 12/5/2000 | Sold | $65,281-18.4%$38/sqft |
Source: Public Record Report a problem | ||
| 4/23/1999 | Sold | $80,000$47/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,246 +7.2% | $106,000 +5.9% |
| 2023 | $3,029 +4.5% | $100,060 +9.6% |
| 2022 | $2,898 +1.1% | $91,310 -4.5% |
| 2021 | $2,865 | $95,570 -2.9% |
| 2020 | -- | $98,390 +2% |
| 2019 | $2,848 +2.9% | $96,440 +10.6% |
| 2018 | $2,768 +0.9% | $87,180 +4.1% |
| 2017 | $2,745 | $83,770 +9.7% |
| 2016 | $2,745 | $76,350 +33.4% |
| 2015 | -- | $57,230 +21.2% |
| 2014 | -- | $47,230 -9% |
| 2011 | -- | $51,910 -5.8% |
| 2010 | $3,298 -5.4% | $55,110 -8.9% |
| 2009 | $3,488 +34.9% | $60,470 -58.6% |
| 2005 | $2,585 | $146,190 +108.1% |
| 2003 | -- | $70,260 +11.5% |
| 2002 | -- | $63,000 -0.1% |
| 2001 | $2,441 +55.1% | $63,060 +49.8% |
| 2000 | $1,574 | $42,110 |
Find assessor info on the county website
Neighborhood: 48178
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Nearby schools
GreatSchools rating
- 6/10Frank E. Bartlett SchoolGrades: PK-5Distance: 0.5 mi
- 9/10Millennium Middle SchoolGrades: 6-8Distance: 0.7 mi
- 8/10South Lyon High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$286,600
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$286,600
- Michigan
- Oakland County
- South Lyon
- 48178
- 500 McMunn St
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