428 2nd St
South Lyon, MI 48178
3 bd 1 ba 847 sqft Built 1950 Lot 8,973 sqft single_family
Most recent sale
$186,000
Aug 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 17, 2022 | Sold | $186,000 | MLS #3288689 |
| Jun 12, 2022 | Relisted | $192,400 | MLS #20221002688 |
| Jun 9, 2022 | Listed | $192,400 | MLS #3288689 |
| May 18, 2006 | Sold | $167,000 | Public Record |
| Sep 16, 2003 | Sold | $167,000 | Public Record |
| Jan 15, 1998 | Sold | $125,000 | Public Record |
| Dec 17, 1993 | Sold | $71,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $66,040 | $2,197 |
| 2020 | — | — | $64,190 | $1,980 |
| 2019 | — | — | $60,900 | $1,981 |
| 2018 | — | — | $58,740 | $1,930 |
| 2017 | — | — | $58,900 | $1,939 |
| 2016 | — | — | $57,740 | $1,922 |
| 2015 | — | — | $51,360 | $1,903 |
| 2014 | — | — | $47,390 | $1,880 |
| 2013 | — | — | $44,540 | $1,874 |
| 2012 | — | — | $44,940 | $1,874 |
| 2011 | — | — | $43,250 | $1,819 |
| 2010 | — | — | $44,990 | $1,875 |
| 2009 | — | — | $52,320 | $2,067 |
| 2008 | — | — | $59,550 | $2,319 |
Property facts
Year built
1950
Property type
single_family
Stories
—
Beds
3
Baths
1
Living area
847 sqft
Lot size
8,973 sqft
ZIP code
48178
City
South Lyon
Street
2nd St
Coordinates
42.46253, -83.65769
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,271
Gross rental yield
8.20%
Implied cap rate
5.33%
Trend-extrapolated value
—
Frequently asked questions
When did 428 2nd St last sell?
428 2nd St most recently sold on Aug 17, 2022 for $186,000.
What is the current tax assessment for 428 2nd St?
The most recent total assessment for 428 2nd St (year 2021) is $66,040 with $2,197 in property tax.
How does 428 2nd St's assessment compare to its last sale price?
The current assessment is 64.5% below the last sale price of $186,000.
When was 428 2nd St built?
428 2nd St was built in 1950.
How does 428 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 428 2nd St?
428 2nd St is a 3 bed, 1 bath, 847 sqft, 8,973 sqft lot single_family.
Is 428 2nd St a flip candidate?
No — 428 2nd St does not appear in our flips dataset.
Is 428 2nd St a tax-appeal candidate?
No — 428 2nd St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.5%
Implied 1-yr
-14.1%
2026 Q3
$387.4K
2026 Q4
$369.8K
ZIP 48178 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 2nd St