NOT LISTED FOR SALE

1038 Paddock Ln South Lyon, MI 48178

Estimated Value: $388,000 - $436,000

2 Beds
2 Baths
1,636 Sq Ft
$205/mo HOA Fee

Last Sold October 23, 2014

Last sale price $245,000 $150 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,963/month

163 Days on Market

Highlights

  • Newly Remodeled
  • Ranch Style House
  • Covered Patio or Porch
  • Kent Lake Elementary School Rated A-
  • Corner Lot
  • 2 Car Attached Garage

About This Home

As of October 2014

RANCH-New Construction: Unit 102 in Lexington Place of South Lyon. This Detached Condo is ready for an immediate move-in. Great location on green-belt with landscaping complete. Master Suite with (2) WIC and private bath. Den, 2nd bedroom and huge basement with egress window. Open-Concept floor plan includes Kitchen w/Granite Countertops, 42" Merillat cabinetry, built-in pantry, recessed lighting and GE appliances. Mohawk plank Hardwood flooring in Foyer, Kitchen, and Great Room. (Photo's of similar model, finishing features within photos are different) Enjoy life in this maintenance free condo in this popular South Lyon development, Lexington Place. Condo living at it's best. Open daily from noon-6pm at the Lexington Place model home.

Last Agent to Sell the Property

Ebon Petty

Robertson Brothers Company License #6501190420 Listed on: 03/24/2014

Last Buyer's Agent

James Clarke

Robertson Brothers Company License #RCO-6501190420

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • 1

HOA Fees

  • $205 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1,636 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2117311102

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$996

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

HOA Fees

$205 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 0.97
  • Warranty: Yes
  • Year Built: 2014
  • Foundation Features: Sump Pump
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Range/Stove
  • Sq Ft Combined: 1636
  • Total Sq Ft: 1636
  • Sq Ft Total Bsmt: 1336

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Construction Features: New Construction
  • Exterior Features: Grounds Maintenance
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 205
  • Association Fee: No

Schools

  • School District: South Lyon

Lot Info

  • Lot Features: Corner Lot
  • Parcel Number: 2117311102

Tax Info

  • Tax Amount Summer: 982.0000
  • Tax Amount Winter: 14.0000
  • Total Tax: 996.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2014
Closed on
Oct 23, 2014
Sold by
Robertson South Lyon Llc
Bought by
Stoscup David R and Stoscup Kathleen L
Seller's Agent
Ebon Petty
Robertson Brothers Company
Buyer's Agent
Ebon Petty
Robertson Brothers Company
List Price
$248,210
Sold Price
$245,000
Premium/Discount to List
-$3,210
-1.29%
Current Estimated Value
$413,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,210
Avg. Annual Appreciation
4.88%
Original Mortgage
$160,000
Outstanding Balance
$57,618
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$353,361

Purchase Details

Closed on
Apr 15, 2014
Sold by
Robertson Real Estate Services Llc
Bought by
Robertson South Lyon Llc
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
Stoscup David R $245,000 First American Title Ins Co
Robertson South Lyon Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stoscup David R $25,000
Open Stoscup David R $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2014 10/23/14 Sold $245,000 -1.3% $150 / Sq Ft
09/03/2014 09/03/14 Pending -- -- --
03/24/2014 03/24/14 For Sale $248,210 -- $152 / 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 $6,070 $181,010 $0 $0
2023 $5,696 $149,720 $0 $0
2022 $5,505 $145,750 $0 $0
2021 $5,238 $142,860 $0 $0
2020 $5,076 $139,750 $0 $0
2019 $5,190 $139,760 $0 $0
2018 $5,055 $129,030 $0 $0
2017 $5,080 $127,960 $0 $0
2016 $5,035 $124,840 $0 $0
2015 -- $120,370 $0 $0
2014 -- $14,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214024216

Realcomp

APN: 21-17-311-102