348 University Ave
South Lyon, MI 48178
3 bd 1 ba 1,314 sqft Built 1975 Lot 8,712 sqft single_family
Most recent sale
$266,000
Oct 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 5, 2022 | Sold | $266,000 | Public Record |
| Sep 19, 2022 | Sold | $266,000 | Realcomp |
| Aug 16, 2022 | Listed | $264,500 | MLS #20221031035 |
| Aug 3, 2017 | Sold | $192,600 | Public Record |
| Jul 17, 2017 | Listing removed | $184,900 | Realcomp |
| Jul 13, 2017 | Listed | $184,900 | MLS #217060061 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $106,630 | $5,177 |
| 2020 | — | — | $101,660 | $5,199 |
| 2019 | — | — | $93,500 | $3,575 |
| 2018 | — | — | $85,650 | $3,482 |
| 2017 | — | — | $84,320 | $2,383 |
| 2016 | — | — | $80,500 | $2,362 |
| 2015 | — | — | $69,920 | $2,335 |
| 2014 | — | — | $59,160 | $2,305 |
| 2013 | — | — | $54,630 | $2,305 |
| 2012 | — | — | $60,140 | $2,538 |
| 2011 | — | — | $60,110 | $2,528 |
| 2010 | — | — | $62,490 | $2,604 |
| 2009 | — | — | $76,780 | $2,949 |
| 2008 | — | — | $83,500 | $2,785 |
Property facts
Year built
1975
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,314 sqft
Lot size
8,712 sqft
ZIP code
48178
City
South Lyon
Street
University Ave
Coordinates
42.45022, -83.65562
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,971
Gross rental yield
8.89%
Implied cap rate
5.78%
Trend-extrapolated value
—
Frequently asked questions
When did 348 University Ave last sell?
348 University Ave most recently sold on Oct 5, 2022 for $266,000.
What is the current tax assessment for 348 University Ave?
The most recent total assessment for 348 University Ave (year 2021) is $106,630 with $5,177 in property tax.
How does 348 University Ave's assessment compare to its last sale price?
The current assessment is 59.9% below the last sale price of $266,000.
When was 348 University Ave built?
348 University Ave was built in 1975.
How does 348 University Ave compare to others on University Ave?
We track 8 other properties on University Ave. Browse the list under "Other properties on University Ave" to compare beds, baths, and sale history.
What are the property facts for 348 University Ave?
348 University Ave is a 3 bed, 1 bath, 1,314 sqft, 8,712 sqft lot single_family.
Is 348 University Ave a flip candidate?
No — 348 University Ave does not appear in our flips dataset.
Is 348 University Ave a tax-appeal candidate?
No — 348 University Ave 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 University Ave