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313 Lake St

South Lyon, MI 48178

4 bd 2 ba 2,623 sqft Built 1890 Lot 21,780 sqft single_family
Most recent sale
$420,000
Nov 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 30, 2022 Sold $420,000 Realcomp
Oct 19, 2022 Listed $430,000 Realcomp
Jan 23, 2018 Sold $320,000 Public Record
Jul 20, 2015 Sold $292,000 Public Record
Jun 2, 2015 Listing removed $289,000 Realcomp
Apr 21, 2015 Listed $289,000 Realcomp
Jul 6, 2011 Sold $80,000 Public Record
May 17, 2011 Listing removed $99,900 Realcomp
Apr 21, 2011 Price changed $99,900 Realcomp
Jan 26, 2011 Price changed $104,900 Realcomp
Dec 1, 2010 Listed $114,900 MiRealSource
Feb 12, 1996 Sold $145,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $169,870 $6,428
2020 $163,780 $6,365
2019 $155,250 $6,328
2018 $142,970 $5,518
2017 $143,090 $5,543
2016 $131,760 $5,496
2015 $96,590 $3,225
2014 $81,760 $3,188
2013 $75,480 $3,179
2012 $85,220 $3,599
2011 $95,070 $5,746
2010 $101,330 $6,064
2009 $114,750 $4,094
2008 $172,480 $3,866
2007 $177,050 $3,779

Property facts

Year built
1890
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,623 sqft
Lot size
21,780 sqft
ZIP code
48178
City
South Lyon
Street
Lake St
Coordinates
42.46022, -83.65528

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,935
Gross rental yield
11.24%
Implied cap rate
7.31%
Trend-extrapolated value

Frequently asked questions

When did 313 Lake St last sell?
313 Lake St most recently sold on Nov 30, 2022 for $420,000.
What is the current tax assessment for 313 Lake St?
The most recent total assessment for 313 Lake St (year 2021) is $169,870 with $6,428 in property tax.
How does 313 Lake St's assessment compare to its last sale price?
The current assessment is 59.6% below the last sale price of $420,000.
When was 313 Lake St built?
313 Lake St was built in 1890.
How does 313 Lake St compare to others on Lake St?
We track 8 other properties on Lake St. Browse the list under "Other properties on Lake St" to compare beds, baths, and sale history.
What are the property facts for 313 Lake St?
313 Lake St is a 4 bed, 2 bath, 2,623 sqft, 21,780 sqft lot single_family.
Is 313 Lake St a flip candidate?
No — 313 Lake St does not appear in our flips dataset.
Is 313 Lake St a tax-appeal candidate?
No — 313 Lake St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.5%
Implied 1-yr
-14.1%
2026 Q3
$387.4K
2026 Q4
$369.8K
ZIP 48178 — Median Price History + Forecast

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