NOT LISTED FOR SALE

1014 Paddock Dr Unit 3 South Lyon, MI 48178

Estimated Value: $405,000 - $462,000

3 Beds
2.5 Baths
2,285 Sq Ft
$200/mo HOA Fee

Last Sold March 14, 2016

Last sale price $227,500 $100 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,012/month

92 Days on Market

Highlights

  • End Unit
  • Covered Patio or Porch
  • Sound System
  • Kent Lake Elementary School Rated A-
  • 2 Car Direct Access Garage
  • Forced Air Heating and Cooling System

About This Home

As of March 2016

Open living and dining room with vaulted ceiling and fireplace. Ceramic tile foyer leads to library with custom built in bookcases. First floor master bedroom with walk-in closet. Master bath has double sinks, garden tub and separate shower. Large upper level loft. Two bedrooms upstairs, plus a full bathroom. First floor laundry room, full basement, and two car garage. All new appliances stay. Beautiful well maintained neighborhood. One block from bike/walking path. One mile from downtown South Lyon.

Last Agent to Sell the Property

Jeffry Kermath

Kermath Realty LLC License #6502334057 Listed on: 10/10/2015

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2005

Lot Details

  • End Unit
  • Private Entrance

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,285 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Gas Fireplace
  • Great Room with Fireplace
  • Unfinished Basement
  • Sump Pump
  • Security System Leased

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Community Details

  • Lexington Place Condo Occpn 1743 Subdivision
  • On-Site Maintenance

Listing and Financial Details

  • Assessor Parcel Number 2117311003

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,813

Year Built

Built in 2005

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: End Unit, Loft
  • Architecture Level: 2 Story
  • Year Built: 2005
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Security Alarm (rented), Sound System, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2285
  • Total Sq Ft: 2285
  • Sq Ft Total Bsmt: 1200

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Grounds Maintenance, Private Entry
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 200
  • Association Fee: No

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • Lot Features: Level
  • Parcel Number: 2117311003

Tax Info

  • Tax Amount Summer: 3743.0000
  • Tax Amount Winter: 70.0000
  • Total Tax: 3813.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2015
Closed on
Mar 14, 2016
Sold by
Pomaville John and Pomaville Kathleen
Bought by
Relitz Elden C and Relitz Sondra L
Seller's Agent
Jeffry Kermath
Kermath Realty LLC
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$239,500
Sold Price
$227,500
Premium/Discount to List
-$12,000
-5.01%
Current Estimated Value
$434,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,886
Avg. Annual Appreciation
7.01%
Original Mortgage
$182,000
Outstanding Balance
$144,052
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$290,334

Purchase Details

Listed on
Aug 8, 2013
Closed on
Oct 21, 2013
Sold by
New York Community Bank
Bought by
Pomaville John and Pomaville Kathleen
Seller's Agent
Dianne Osgood
Century 21 Affiliated
Buyer's Agent
Manette Klein
The Agency Hall & Hunter
List Price
$209,900
Sold Price
$198,000
Premium/Discount to List
-$11,900
-5.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%

Purchase Details

Closed on
Jun 19, 2012
Sold by
Clink Timothy
Bought by
New York Community Bank

Purchase Details

Closed on
Feb 28, 2007
Sold by
Lexington Partners Llc
Bought by
Clink Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Relitz Elden C $227,500 Liberty Title
Pomaville John $198,000 Interstate Title Inc
New York Community Bank $110,700 None Available
Clink Timothy $235,000 Philip F Greco Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Relitz Elden C $182,000
Previous Owner Clink Timothy $176,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2016 03/14/16 Sold $227,500 -5.0% $100 / Sq Ft
01/10/2016 01/10/16 Pending -- -- --
10/10/2015 10/10/15 For Sale $239,500 +21.0% $105 / Sq Ft
10/30/2013 10/30/13 Sold $198,000 -5.7% $87 / Sq Ft View Prior Sale
08/14/2013 08/14/13 Pending -- -- --
08/08/2013 08/08/13 For Sale $209,900 -- $92 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,996 $173,690 $0 $0
2023 $5,627 $155,840 $0 $0
2022 $5,438 $140,100 $0 $0
2021 $5,174 $136,960 $0 $0
2020 $5,015 $136,750 $0 $0
2019 $5,083 $124,720 $0 $0
2018 $4,960 $122,040 $0 $0
2017 $4,985 $119,530 $0 $0
2016 $3,852 $104,200 $0 $0
2015 -- $100,570 $0 $0
2014 -- $90,640 $0 $0
2011 -- $75,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215110089

Realcomp

APN: 21-17-311-003