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20871 Oak Tree Drive

20871 Oak Tree Drive, South Lyon, MI 48178
Property in Lyon
Sold May 16, 2019
$345,000
$85,000 by Union Home Mortgage Corp
Mortgage Due Jun 01, 2049
Sold Nov 04, 2004
$78,000
20871 Oak Tree Drive has been categorized by the local assessors in South Lyon, MI as a residential type of property. The building on the property was first built in 2004 and is 20 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 20871 Oak Tree Drive has 1,877 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 17,424 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 818 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a open porch. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in May 13, 2019 for $345,000. That's $183.80 per sqft. Prior to that sales transaction, the property was also sold in Oct 25, 2004 for $78,000. 20871 Oak Tree Drive was last assessed in 2023. The total value of the property was assessed at $153,540. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,635. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,859
  • Garage Type: Garage
  • Garage Square Area: 818
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 17,424
  • Total Building Area: 1,877
  • Building Area: 1,877
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,877
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: PARK
  • Land Acres: 0.4
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T1N, R7E, SEC 32 PARK WOODS #3 LOT 94 5-7-03 FR 300-017

Ownership

  • Current Owner : HOLTZ DONALD R
  • Current Owner 2: HOLTZ SUSAN C
  • Previous Owner : BROWN ROBERT C
  • Previous Owner 2: BROWN KRISTIN J
  • Owner Before Previous Owner: E & A DEVELOPMENT LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Lyon Community Schools
  • School Tax School District: 63240
  • Census Tract: 138100

Zoning

  • Zoning: SI

Geography

  • District: K
  • Parcel: K -21-32-402-002
  • Lot: 5,94
  • Meridian: SEC 32 TWN 01N RNG 07E
  • Municipality: LYON TWP
  • Latitude: 42.4336
  • Longitude: -83.6384

    Address

  • Full Address: 20871 Oak Tree Dr
  • Address - House Number: 20871
  • Address - Street Name: Oak Tree
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: South Lyon
  • Carrier Code: R010
  • 4-Digit Zip Code: 7069
  • Zip Code: 48178

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,635

    Appraisal Valuation

  • Standard Deviation: 0.1901
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 74
  • Final Value: 456,660
  • High Value: 543,474
  • Low Value: 369,845

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $85,000
  • First Open Lien Mortgage Lender: UNION HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: May 16, 2019
  • First Open Lien Mortgage Loan Amount: $85,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2049

    Market Valuation

  • Market Total Value: $307,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $153,540

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 13, 2019
  • Current Sale Recording Date: May 16, 2019
  • Current Sale Transaction ID: 11608474555
  • Current Sale Price: $345,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 76302
  • Previous Sale Recording Date: Nov 04, 2004
  • Previous Sale Contract Date: Oct 25, 2004
  • Previous Sale Amount: $78,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNION HOME MORTGAGE CORP
  • First Mortgage Transaction Date: May 16, 2019
  • First Mortgage Loan Amount: $85,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

About Oakland



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Frequently Asked Questions

What neighborhood is 20871 Oak Tree Drive located in?
The 20871 Oak Tree Drive is a located in the neighborhood of Lyon in Oakland, South Lyon.
What is the average sales price for listings in 20871 Oak Tree Drive?
The average sales price for units in 20871 Oak Tree Drive is $0 currently.

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