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South Lyon 48178
178 Eagle Way
$261,000
● House - Off Market

178 Eagle Way

South Lyon, MI 48178
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,939 Ft²
$407,455
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

Welcome home! this beautifully updated  Colonial In The Very Desired Eagle Pointe Sub! Nice Open Floor Plan with Bright Spacious Kitchen, Eat In Dining Area Featuring A Bay Window. This A Fantastic Opportunity To Own a 3 Bedroom, 2 & 1/2 Bath Colonial near Downtown South Lyon! Features Include: Interior Freshly Painted, Recently Updated Kitchen with granite counter tops and brand new stainless steal appliances. Other Features Include: New Carpet Throughout, Ceramic Tile In kitchen. The Living Room Boasting a Cathedral Ceiling and gas fire place. As you exit into your fully fenced back yard you will enjoy entertaining on your freshly painted rear deck, full basement Just waiting for your finishing touches. Two car Attached Garage, Spacious Back Yard Perfect For pets and children!,   Primary Primary Bath
Unit Size
1,939 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$129
Property Type
House
Property Taxes
$307
HOA Dues
$8
Year Built
1989

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #23100159)

Price History

Date / Event Date Event Price
May 1, 2017 Sold
Premium
Sold
Mar 10, 2017 Listed by Howard Hanna $249,900
Listed by Howard Hanna
Feb 8, 2011 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Total Rooms: 7
  • 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: 1,294
  • 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: 1,939
  • Building Area: 1,939
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,939
  • 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: 401
  • Legal Description 1: T1N, R7E, SEC 20 OAKLAND COUNTY CONDOMINIUM PLAN NO 594 EAGLE POINTE UNIT 79 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: 80-21-20-454-082
  • Meridian: SEC 02 TWN 01N RNG 07E
  • Municipality: SOUTH LYON CITY
  • Latitude: 42.4622
  • Longitude: -83.6389

    Address

  • Full Address: 178 Eagle Way
  • Legal Unit: 79
  • Address - House Number: 178
  • 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: $533,522

    Appraisal Valuation

  • Standard Deviation: 0.1888
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 75
  • Final Value: 388,720
  • High Value: 462,137
  • Low Value: 315,303

    Market Valuation

  • Market Total Value: $309,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $154,820

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 21, 2017
  • Current Sale Recording Date: May 01, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 086451
  • Previous Sale Recording Date: Feb 08, 2011
  • Previous Sale Contract Date: Dec 20, 2010
  • Previous Sale Amount: $167,000
  • 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

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MichRIC

Listed by: Geri Uihlein, Howard Hanna
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23100159
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 178 Eagle Way built and last sold?
The property at 178 Eagle Way was built in 1989 and last sold on Apr 21, 2017 for $261,000.
How much is this home worth?
The estimated value of the home located at 178 Eagle Way is $0.
What are some comparable homes to 178 Eagle Way?
There are currently no comparable homes to 178 Eagle Way.
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