12315 Nine Mile Road

About this home

Renovation opportunity on a private, 1.10-acre treed lot in Green Oak Township. This 1,460-square-foot ranch offers three bedrooms, one and a half baths and a full basement offering additional storage and excellent potential for future living space. An attached two-car garage with additional parking area off the driveway. The living room’s coved ceiling adds character worth preserving. The sliding door off the dining room opens to the deck overlooking the spacious yard. This home needs cosmetic work throughout and yard cleanup, and is priced with that in mind, making it a great opportunity for investors. Additional features include a metal roof, a storage shed, township taxes, and no homeowners association. Electricity only, gas hookup available at street. Located in the South Lyon school district, the property is a short drive from downtown South Lyon’s shops, restaurants, farmers market, and year-round events. Cash sale only.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in South Lyon

Over the last 90 days, 144 homes sold in South Lyon for a median of $430,000, about $173 per square foot, and the typical one went under contract in 20 days. This home is listed at $299,900, or $205 per square foot, 18% above the city median, and has been on the market 0 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent South Lyon sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $3,464 a year. A buyer who lives here would pay about $3,558 to $4,670 a year once the taxable value resets after the sale, at the 2025 homestead rate of 30.83 mills for Green Oak Twp and South Lyon schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.

Location

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