$585,000
SOLD MAY 20, 2022

10331 Otter Dr South Lyon, MI 48178

4 Beds
2.5 Baths
2,678 Sq Ft
0.5 Acres

Recently Sold

$218 Per Sq Ft

11% Above List Price

3 Days on Market

Highlights

  • Beach Access
  • Deck
  • Porch
  • Colonial Architecture
  • Ground Level Unit
  • 3 Car Attached Garage

About This Home

As of May 2022

Stately updated colonial in stunning Lakeside Estates North of South Lyon! Large two-story foyer welcomes you into this contemporary home featuring new entryway wainscoting, refinished hardwood flooring throughout, and a huge naturally lit living area. Full kitchen remodel ('19) featuring chic finishes including white shaker cabinetry, walk-in pantry, huge center island/breakfast bar, & new SS appliances. Master suite with large private bath & walk-in closet. Three additional second story bedrooms have large closets. First floor mud/laundry, remodeled '19 with stylish front loader w/d, dog gate, & custom storage shelving. Half bath also updated in '19. Fully finished basement with full bar with built-in shelving, a wet bar, private office/bonus room, & updated home gym ('20). Private yard with mature pines for privacy, new ('16) trex deck, playset, & fire pit create a great atmosphere for entertaining. Roof new '16. 3 car attached garage. Remote blinds in kitchen. Nest smoke detectors.

Last Agent to Sell the Property

Erin Williams

KW Realty Livingston License #6501347924 Listed on: 04/14/2022

KW Realty Livingston

Last Buyer's Agent

Ryan Millard

National Realty Centers, Inc License #6501392358

National Realty Centers, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2001

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 125.00x175.00

HOA Fees

  • $16 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,678 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Finished Basement
  • Sump Pump

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Beach Access
  • Deck
  • Porch

Location

  • Ground Level Unit

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

  • Https://Lakesideestnorth.Org/ Association
  • Lakeside Estates North No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1626203014

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,577

Year Built

Built in 2001

Lot Details

0

HOA Fees

$16 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 266.55
  • Year Built: 2001
  • State Equalized Value: 201600.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Room Count: 13
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Range Hood, Washer
  • Sq Ft Combined: 3878
  • Sq Ft Lower Floor: 1200
  • Total Sq Ft: 2678
  • Sq Ft Total Bsmt: 1410

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: 10 Mile to Otter South to Hom
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exclusions: Yes
  • Foundation Materials: Poured
  • Frontage Feet: 125
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved
  • Waterfront Description: Beach Access

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: len.hoasl@gmail.com
  • Association Fee: 195
  • Association Contact: https://lakesideestnorth.org/
  • Association Fee: Yes

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.50
  • Lot Dimensions: 125.00X175.00
  • Parcel Number: 1626203014

Tax Info

  • Tax Amount Summer: 3866.0000
  • Tax Amount Winter: 1711.0000
  • Total Tax: 5577.0000
  • Taxable Value: 182721.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
May 20, 2022
Sold by
Gallico Christopher M and Gallico Tiffani J
Bought by
Laritz Nicholas and Bugg Elizabeth
Seller's Agent
Erin Williams
KW Realty Livingston
Buyer's Agent
Ryan Millard
National Realty Centers, Inc
List Price
$525,000
Sold Price
$585,000
Premium/Discount to List
$60,000
11.43%
Current Estimated Value
$604,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,601
Avg. Annual Appreciation
0.77%
Original Mortgage
$475,000
Outstanding Balance
$455,074
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$144,310

Purchase Details

Closed on
Aug 14, 2020
Sold by
Gallico Christopher M and Gallico Tiffani J
Bought by
Gallico Christopher M and Gallico Tiffani J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2017
Sold by
Gallico Christopher M and Gallico Tiffani J
Bought by
Gallico Ft

Purchase Details

Closed on
Nov 23, 2016
Sold by
Gallico Christopher and Gallico Christopher M
Bought by
Gallico Christopher M and Gallico Tiffani J

Purchase Details

Closed on
May 24, 2002
Sold by
Tony Van Oyen Development Llc
Bought by
Backus Christopher T and Backus Karen A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $585,000 Fidelity National Title
Quit Claim Deed -- Title Solutions
Quit Claim Deed -- --
Interfamily Deed Transfer -- Title Solutions Agency
Warranty Deed $295,610 Metropolitan Title Company
Quit Claim Deed -- Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $475,000 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $290,974 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $585,000 +11.4% $218 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $525,000 +45.8% $196 / Sq Ft
09/19/2014 09/19/14 Sold $360,000 -2.7% $131 / Sq Ft
08/05/2014 08/05/14 Pending -- -- --
06/23/2014 06/23/14 For Sale $369,900 -- $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
2024 $5,331 $258,300 $0 $0
2023 $5,085 $241,300 $0 $0
2022 $5,577 $189,300 $0 $0
2021 $5,577 $201,600 $0 $0
2020 $5,550 $204,600 $0 $0
2019 $5,624 $189,300 $0 $0
2018 $5,565 $183,000 $0 $0
2017 $5,665 $181,900 $0 $0
2016 $5,773 $186,000 $0 $0
2014 $4,394 $148,600 $0 $0
2012 $4,394 $129,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220025094

Realcomp

APN: 16-26-203-014