NOT LISTED FOR SALE

10226 Otter Dr South Lyon, MI 48178

Estimated Value: $545,872 - $596,000

4 Beds
2.5 Baths
2,527 Sq Ft
$224/Sq Ft Est. Value

Last Sold April 15, 2016

Last sale price $325,000 $129 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,596/month

83 Days on Market

Highlights

  • Lake Privileges
  • Covered Patio or Porch
  • Forced Air Heating System
  • Colonial Architecture
  • 3 Car Direct Access Garage
  • Ceiling Fan

About This Home

As of April 2016

Gorgeous Colonial within Highly Desirable Lakeside Estate North w/Award Winning South Lyon Schools, Brummer Elementary & Low Green Oak Taxes. Inside, Discover a Grand Foyer w/Soaring Ceilings & Hardwood Floors, Large 1st Floor Office, Chef's Delight Island Kitchen Open To Big Breakfast Nook & Oversized Family Room. Formal Living & Dining Rooms Too! Luxury Master Suite w/Dual Vanities, Tub, Separate Shower & Large Walk In Closet. Large Bedrooms & Linen Closets too. Daylight basement & skylight window. Custom Multi Level Decking overlooking Large Yard. Association Common Areas include Lake Access to Nichwagh Lake for Swimming, Fishing, Ice Skating, Hockey, Ice Fishing & More! Wonderful Quality of Life Awaits!

Last Agent to Sell the Property

Natalie Goodwin-VanOyen

RE/MAX Classic License #6501296787 Listed on: 12/12/2015

RE/MAX Classic

Last Buyer's Agent

Elizabeth Cook

Real Estate One-Novi License #RCO-6501387719

Real Estate One-Novi

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2004

Lot Details

  • 0.75 Acre Lot

HOA Fees

  • $17 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,527 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Unfinished Basement
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Lake Privileges
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Lakeside Estates North No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1626203046

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,974

Year Built

Built in 2004

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Great Room
  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Range/Stove
  • Sq Ft Combined: 2527
  • Total Sq Ft: 2527
  • Sq Ft Total Bsmt: 1800

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Nichwagh
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl, Wood
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 158
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved
  • Waterfront Description: Lake/River Priv

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 200
  • Association Fee: No

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • List Price per Acre: 433333.3333
  • Lot Size Area: 0.75
  • Lot Dimensions: 158X173X93XIRR
  • Parcel Number: 1626203046

Tax Info

  • Tax Amount Summer: 3497.0000
  • Tax Amount Winter: 1477.0000
  • Total Tax: 4974.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2015
Closed on
Apr 15, 2016
Sold by
King James and King Shirley
Bought by
Retherford Daniel and Retherford Julia
Seller's Agent
Natalie Goodwin-VanOyen
RE/MAX Classic
Buyer's Agent
Elizabeth Cook
Real Estate One-Novi
List Price
$340,000
Sold Price
$325,000
Premium/Discount to List
-$15,000
-4.41%
Current Estimated Value
$567,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,218
Avg. Annual Appreciation
6.16%
Original Mortgage
$276,250
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2003
Sold by
Tony Van Oyen Development Llc
Bought by
King James and King Shirley
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
Retherford Daniel $325,000 First American Title
King James $313,478 Metropolitan Title Company
Tony Van Oyen Development Llc -- Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Retherford Daniel $55,000
Open Retherford Daniel $259,000
Closed Retherford Daniel $276,250
Previous Owner King Shirley R $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2016 04/15/16 Sold $325,000 -4.4% $129 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
12/12/2015 12/12/15 For Sale $340,000 -- $135 / 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
2025 $5,676 $278,700 $0 $0
2024 $3,774 $242,600 $0 $0
2023 $3,600 $226,500 $0 $0
2022 $4,844 $176,600 $0 $0
2021 $4,844 $187,700 $0 $0
2020 $4,820 $192,500 $0 $0
2019 $4,888 $176,600 $0 $0
2018 $4,842 $175,700 $0 $0
2017 $4,933 $173,000 $0 $0
2016 $4,992 $175,600 $0 $0
2014 $4,589 $154,700 $0 $0
2012 $4,589 $136,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215130391

Realcomp

APN: 16-26-203-046