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Sylvan Lake, Oakland County

Get a cash offer for your Sylvan Lake house

1 of the 1 Sylvan Lake houses recorded sold in the last year went to a company or an LLC. Type the address and Rebuild Detroit makes you a real cash offer, checked against our network of local buyers.

Tevin Jackson, founder of Rebuild Detroit

Tevin Jackson, founder of Rebuild Detroit We buy houses in Sylvan Lake. Call (888) 471-3135. About Tevin

  1. 1Address
  2. 2Your range
  3. 3Your phone

No cost, no obligation. Rebuild Detroit buys houses, and the offer you get is a real offer from us, confirmed at one walkthrough.

  • A real offer from Rebuild DetroitTentative only until one walkthrough confirms the condition. 95% hold when the condition you give is accurate.
  • Close in as little as 2 daysWhen the title is clear, at a fair price for the condition, on the date you pick.
  • Checked against our buyer networkEvery request is matched against local cash buyers too, so you get the best offer, plus the MLS and other routes.
Sylvan Lake
Sylvan Lake in Oakland County; the dots are the towns next door, listed below.
Median home value
$391,000
Median year built
1956
Sales recorded, 12 months
1

Cash offers next door

Three ways to sell

What a typical Sylvan Lake house could bring, three ways

Worked on a house worth $391,000 once fixed up, the median here, that needs a new roof, a furnace, and updated wiring. Repairs are priced from our cost book: permit values filed in Metro Detroit blended with published Detroit figures.

  1. Rebuild Detroit's cash offer

    $210,000

    Worth after repairs
    $391,000
    60% of that
    $234,600
    Minus a new roof, a furnace, and updated wiring
    -$24,700

    A real offer, confirmed at one walkthrough. Close in as little as 2 days with a clear title.

  2. List it on the MLS

    $371,000

    Sale price, fixed up
    $391,000
    Listing, buyer's agent and closing
    -$20,000

    The most money if the house is ready, after 30 to 90 days.

  3. Keep it and take cash out

    $313,000

    Home value
    $391,000
    Up to 80% of it
    $312,800

    A cash-out refinance, less what you owe, subject to a lender's approval.

Price my own house three ways Worked on the typical house here. Type your own address for your own offer from Rebuild Detroit, real and confirmed at one walkthrough. Loans are made by lenders on their own terms.

The houses

What Sylvan Lake houses are like

The Census puts the median home in Sylvan Lake at $391,000, 14% above Oakland County's $343,600.

The median house was built in 1956, and 32% of the 872 homes here date from 1940 to 1959. Houses from those years are often on their second or third furnace and roof, and many still have their original sewer line.

32% of owners have no mortgage, so a cash price goes to them less closing costs and any taxes owed.

The median property tax bill is $4,947 a year; it is split at closing by the days each side owned the house.

When Sylvan Lake's homes were built
  • Before 1940 25%
  • 1940 to 1959 32%
  • 1960 to 1979 21%
  • 1980 to 1999 8%
  • 2000 and later 13%

Share of 872 homes, American Community Survey 2020 to 2024.

On the record

Who is buying and selling in Sylvan Lake

  • Our homes index has 5 houses for sale in Sylvan Lake right now at a median asking price of $580,000, on the market a median 73 days. It also holds 3 sold listings here.
  • The assessor recorded 1 sale in the last 12 months at a median of $1. 1 of them went to a company or an LLC, the buyers who usually pay cash.

From Rebuild Detroit's homes index, the assessors' recorded sales, the building departments' permits and the City of Detroit's open data, refreshed daily.

Local cash buyers

Cash buyers who buy Sylvan Lake houses as is

No cash buyer lists an office here yet. Rebuild Detroit buys here itself: type the address above for your offer, checked against the buyers who work this part of Metro Detroit.

The local rules

Selling a house in Sylvan Lake, by the rules here

City inspection before a sale

Some Metro Detroit towns require a sale inspection or certificate before closing and others do not. Ask the building department before you list.

Sylvan Lake City Hall
1820 Inverness
(248) 682-1440

Behind on property taxes

  1. March 1, 2026 2025 taxes still unpaid go to the Oakland County Treasurer as delinquent, with a 4% fee and 1% a month interest.
  2. March 1, 2027 The house forfeits to the Oakland County Treasurer: a $175 fee is added and the interest grows by half a percent a month.
  3. March 31, 2028 The last day to pay. After a circuit court judgment, the Oakland County Treasurer takes title and the house goes to auction that summer or fall.

A sale before the last day pays the taxes at closing, and what is left is yours. A former owner can claim what a foreclosure sale brings above the taxes owed by filing Form 5743 with the Oakland County Treasurer by the July 1 after the foreclosure.

The county offices

Oakland County Treasurer
1200 North Telegraph Road, Pontiac MI 48341
(248) 858-0611
Oakland County Register of Deeds
1200 North Telegraph Road, Dept 480, Pontiac MI 48341
(248) 858-0597

On a $391,000 sale, Michigan's transfer taxes come to about $3,363: $2,933 to the state and $430 to the county, usually paid by the seller at closing.

Tevin Jackson, founder of Rebuild Detroit

Who you are dealing with

Tevin Jackson, founder of Rebuild Detroit

Rebuild Detroit buys houses in Sylvan Lake, the company Tevin Jackson founded and runs. When you ask for an offer here, the offer comes from us, not from a list of your details sold to investors, and it is checked against the local cash buyers in our network so you see the best way to sell.

  • Detroit real estate investor
  • Author of Against All Odds and The Spark
  • Helped scale 100+ home service brands
Call (888) 471-3135 About Tevin How we check every pro

Questions

Selling a house for cash in Sylvan Lake

How much would Rebuild Detroit pay for a Sylvan Lake house?

Our offer starts from what the house would sell for fixed up, less the repairs, and never above what listing it would leave you. On a Sylvan Lake house worth $391,000 fixed up that needs a new roof, a furnace, and updated wiring, that is about $210,000. Type your own address for your own offer; it holds 95% of the time when the condition you give is accurate.

Do I need a city inspection to sell a house in Sylvan Lake?

Some Metro Detroit towns require a sale inspection or certificate before closing and others do not. Ask Sylvan Lake's building department before you list. Sylvan Lake City Hall is at 1820 Inverness, (248) 682-1440.

What if I am behind on property taxes in Oakland County?

Unpaid taxes go to the Oakland County Treasurer ((248) 858-0611) on March 1. If they stay unpaid, the house forfeits a year later and the foreclosure takes title on March 31 of the year after that. Selling before then pays the taxes at closing, and the rest is yours.

Can I sell my Sylvan Lake house as is?

Yes. Rebuild Detroit and the cash buyers in our network buy as is, with no repairs or cleanout. You still fill out the Michigan seller disclosure with what you know about the house, and a title company checks for liens and pays you at closing.

Next door

Cash offers near Sylvan Lake

Every town in Oakland County All of Metro Detroit Selling with tenants Every way to sell

Selling in Sylvan Lake

Buying and renting in Sylvan Lake

Owning a home in Sylvan Lake

Near Sylvan Lake

Oakland County

Sources

Where these facts come from

County and city rules checked October 24, 2026 on each office's own site. Rules, fees and phone numbers change, so call before you count on one.

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