NOT LISTED FOR SALE

1059 Chestnut Ln South Lyon, MI 48178

Estimated Value: $479,000 - $520,000

4 Beds
2.5 Baths
2,500 Sq Ft
$202/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $440,000 $176 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,395/month

4 Days on Market

Highlights

  • Tennis Courts
  • Jetted Tub in Primary Bathroom
  • 2.5 Car Attached Garage
  • Colonial Architecture
  • Covered Patio or Porch
  • Programmable Thermostat

About This Home

As of July 2022

Highly sought after Trotter's Pointe Colonial! Impeccably clean and well maintained inside and out by the original owner. Open floor plan with renovated kitchen (2017) is perfect for entertaining. Patio and large backyard are a peaceful oasis with plenty of room to enjoy. Upgrades include H20 heater in 2021, new roof in 2019 and hardwood floors refinished in 2020. This one looks brand new. Make your appointment today!

Last Agent to Sell the Property

Kurt Bernas

RE/MAX New Trend License #6501401784 Listed on: 06/29/2022

RE/MAX New Trend

Last Buyer's Agent

Bella Hall

GEM Realty & Development License #RCO-6501397051

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1998 | Remodeled in 2017

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 73 x 182 x 97 x 162
  • Sprinkler System

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2.5 Car Attached Garage

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof
  • Stucco
  • Vinyl Construction Material

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Tennis Courts
  • Covered Patio or Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2118454015

Community Details

Overview

  • Trotter's Pointe HOA Dennis Nagy Association, Phone Number (248) 921-3909
  • Trotters Pointe Occpn 951 Subdivision
  • The community has rules related to fencing

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,423

Year Built

Built in 1998 | Remodeled in 2017

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 1.00
  • Year Built: 1998
  • State Equalized Value: 168080.0000
  • Year Renovated: 2017
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Circuit Breakers, High Spd Internet Avail, Humidifier, Jetted Tub, Programmable Thermostat, Furnished - No
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 13
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 2500
  • Total Sq Ft: 2500
  • Sq Ft Total Bsmt: 1187

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Stucco, Vinyl
  • Exclusions: Yes
  • Exterior Features: Tennis Court
  • Foundation Materials: Poured
  • Frontage Feet: 73
  • Porch Type: Porch - Covered, Patio, Porch, Patio - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Fence Not Allowed

Garage/Parking

  • Garage Size: 2.5 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 Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: 248-921-3909 bridenmanagement@aol.com
  • Association Fee: 300
  • Association Contact: Trotter's Pointe HOA - Dennis Nagy
  • Association Fee: Yes

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s)
  • Lot Size Area: 0.33
  • Lot Dimensions: 73 x 182 x 97 x 162
  • Parcel Number: 2118454015

Tax Info

  • Tax Amount Summer: 4327.0000
  • Tax Amount Winter: 96.0000
  • Total Tax: 4423.0000
  • Taxable Value: 111060.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Jul 15, 2022
Sold by
Candela John C and Candela Julie L
Bought by
Kaars Salenia
Seller's Agent
Kurt Bernas
RE/MAX New Trend
Buyer's Agent
Bella Hall
GEM Realty & Development
List Price
$435,000
Sold Price
$440,000
Premium/Discount to List
$5,000
1.15%
Current Estimated Value
$499,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,957
Avg. Annual Appreciation
4.59%
Original Mortgage
$290,000
Outstanding Balance
$278,196
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$226,615

Purchase Details

Closed on
Dec 11, 1998
Sold by
Silverman Building Co In
Bought by
Candela John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.79%

Purchase Details

Closed on
May 28, 1998
Sold by
Demaria Investments
Bought by
Silverman Building Co Inc
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
Kaars Salenia $440,000 First American Title
Kaars Salenia $440,000 First American Title
Candela John C $255,980 --
Silverman Building Co Inc $47,142 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaars Salenia $290,000
Closed Kaars Salenia $290,000
Previous Owner Candela John C $172,000
Previous Owner Candela John C $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $440,000 +1.1% $176 / Sq Ft
07/03/2022 07/03/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $435,000 -- $174 / 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 $7,590 $193,440 $0 $0
2023 $7,122 $178,410 $0 $0
2022 $4,648 $174,150 $0 $0
2021 $4,422 $168,080 $0 $0
2020 $4,285 $165,120 $0 $0
2019 $4,381 $160,060 $0 $0
2018 $4,267 $153,700 $0 $0
2017 $4,288 $152,080 $0 $0
2016 $4,250 $145,050 $0 $0
2015 -- $138,070 $0 $0
2014 -- $121,750 $0 $0
2011 -- $93,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221012075

Realcomp

APN: 21-18-454-015