For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
South Lyon 48178
166 Eagle Way
$243,000
● House - Off Market

166 Eagle Way

South Lyon, MI 48178
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,453 Ft²
$407,887
RealtyHop Estimate
66.55%
Since Mar 1, 2017
National-US
Primary Model

About This Property

A Fantastic Opportunity To Own A Meticulously Maintained 3 Bedroom, 2 &  Bath Colonial near Downtown South Lyon! This Home Is Perfect For A 1st Time Buyer or a Budding Family. Features Include: Interior Freshly Painted, Recently Updated Kitchen with granite counter tops and beautiful backsplash, Furnace & Water softener new in 2016, garage and opener in 2014 . Other Features Include: New Carpet Throughout, Ceramic Tile In kitchen, the new appliances include Washer/Dryer, Dishwasher and Oven all in 2016. The Living Room Boasting a Cathedral Ceiling and natural fire place. As you exit into your fully fenced back yard you will enjoy entertaining on your freshly stained rear deck, full basement with new carpet and ceiling 2016. All Appliances are included + freezer in basement, 2 car Attached Garage, Spacious Back Yard Perfect For Kids! Home Warranty Included.,   Primary Bath, Rec Room: Finished
Unit Size
2,453 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$100
Property Type
House
Property Taxes
$341
HOA Dues
$8
Year Built
1989

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #23117029)

Price History

Date / Event Date Event Price
Feb 28, 2017 Sold
Premium
Sold
Jan 5, 2017 Listed by Howard Hanna $244,900
Listed by Howard Hanna
Feb 26, 2014 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 733
  • Garage Type: 7
  • Garage Square Area: 463
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,720
  • Building Area: 1,720
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,720
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAKLAND COUNTY CONDOMINIUM
  • Land Acres: 0000000220
  • Standard Land Use Code: 1004
  • County Land Use Code: 407
  • Legal Description 1: T1N, R7E, SEC 20 OAKLAND COUNTY CONDOMINIUM PLAN NO 594 EAGLE POINTE UNIT 80 L 10802 P 111 3-16-89 FR 002 & 003

Neighborhood

  • School District Name: South Lyon Community Schools
  • School Tax School District: 63240
  • Census Tract: 139400

Zoning

  • Zoning: KI

Geography

  • District: 80
  • Parcel: 80-21-20-454-083
  • Meridian: SEC 02 TWN 01N RNG 07E
  • Municipality: SOUTH LYON CITY
  • Latitude: 42.462
  • Longitude: -83.6389

    Address

  • Full Address: 166 Eagle Way
  • Legal Unit: 80
  • Address - House Number: 166
  • Address - Street Name: Eagle
  • Address - Suffix Type: Way
  • State: MI
  • City Name: South Lyon
  • Carrier Code: C005
  • 4-Digit Zip Code: 1288
  • Zip Code: 48178

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $702,127

    Appraisal Valuation

  • Standard Deviation: 0.1931
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 74
  • Final Value: 359,068
  • High Value: 428,440
  • Low Value: 289,697

    Market Valuation

  • Market Total Value: $282,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $141,170

    Sales

  • Current Sale Contract Date: Dec 03, 2016
  • Current Sale Recording Date: Feb 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 37701
  • Previous Sale Recording Date: Feb 26, 2014
  • Previous Sale Contract Date: Feb 19, 2014
  • Previous Sale Amount: $192,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Lyon

Stats & Trends

Median Asking:

$320,000

Sale Price/ft²

$167

Below Asking

0.03%

Average Days on Market

55

Average Home Size

2168 ft²

Average Home Age

22.3 years

Currently For Sale

8 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Geri Uihlein, Howard Hanna
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23117029
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 166 Eagle Way built and last sold?
The property at 166 Eagle Way was built in 1989 and last sold on Dec 3, 2016 for $243,000.
How much is this home worth?
The estimated value of the home located at 166 Eagle Way is $266,274.
What are some comparable homes to 166 Eagle Way?
There are currently no comparable homes to 166 Eagle Way.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
South Lyon Homes for Sale
South Lyon Houses for Sale
South Lyon Condos for Sale
South Lyon Multifamily for Sale
South Lyon Land for Sale
South Lyon Commercial for Sale
South Lyon Homes with Basements
South Lyon Homes with Pools
Nearby Property Records
Washtenaw County, MI Property Records
Livingston County, MI Property Records
Oakland County, MI Property Records
Wayne County, MI Property Records
Monroe County, MI Property Records
Ingham County, MI Property Records
Jackson County, MI Property Records
Genesee County, MI Property Records
Neighborhoods
Downtown South Lyon Real Estate
Nearby Counties
Lyon Homes for Sale
Salem Homes for Sale
Top Real Estate Agents
Top Agents in South Lyon
Top Agents in 48178
Top Agents in Lyon
Top Agents in Salem
Top Agents in Downtown South Lyon