$500,000
SOLD NOV 13, 2023

1074 Chestnut Ln South Lyon, MI 48178

3 Beds
2.5 Baths
2,841 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$176 Per Sq Ft

10 Days on Market

Highlights

  • Colonial Architecture
  • 3 Car Attached Garage
  • Forced Air Heating System
  • Ground Level Unit

About This Home

As of November 2023

Welcome to your dream home where contemporary elegance meets comfortable living. This meticulously crafted residence is a haven of architectural brilliance, flooded with natural light and boasting impressive vaulted ceilings on the second floor. Nestled in a serene neighborhood, this home offers a harmonious blend of style and functionality. Fall is right around the corner and so is Blakes Orchard allowing for cinnamon sugar doughnut runs every week. Private office means working from home even better, all appliances stay, new carpet throughout as well as fresh paint. This home has been well maintained and buttoned up for the next buyer.

Last Agent to Sell the Property

Cooper Brown

RE/MAX Eclipse License #6501420648 Listed on: 09/15/2023

RE/MAX Eclipse

Last Buyer's Agent

Linda McGonagle

Real Estate One-Novi License #RCO-6501157044

Real Estate One-Novi

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1998

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 74x125x74x125

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 2,841 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Http://Trotterspointe.Net/ Association
  • Trotters Pointe Occpn 951 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2118451072
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,062

Year Built

Built in 1998

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1998
  • State Equalized Value: 186180.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2841
  • Total Sq Ft: 2841
  • Sq Ft Total Bsmt: 1312

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl, Wood
  • Foundation Materials: Poured
  • Frontage Feet: 74
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: BRIDENmanagement@aol.com.
  • Association Fee: 350
  • Association Contact: http://trotterspointe.net/
  • Association Fee: Yes

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.24
  • Lot Dimensions: 74x125x74x125
  • Parcel Number: 2118451072

Tax Info

  • Tax Amount Summer: 6747.0000
  • Tax Amount Winter: 315.0000
  • Total Tax: 7062.0000
  • Taxable Value: 174340.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Nov 13, 2023
Sold by
Moran James Bernard
Bought by
Moran James Bernard and Rosales-Soto Nora
Seller's Agent
Cooper Brown
RE/MAX Eclipse
Buyer's Agent
Linda McGonagle
Real Estate One-Novi
List Price
$500,000
Sold Price
$500,000
Views
559
Current Estimated Value
$533,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,775
Avg. Annual Appreciation
2.76%

Purchase Details

Listed on
Aug 11, 2022
Closed on
Sep 9, 2022
Sold by
Tucker Beau E
Bought by
Haas Meaghan
Seller's Agent
Elizabeth Cook
Real Estate One-W Blmfld
Buyer's Agent
Cooper Brown
RE/MAX Eclipse
List Price
$465,000
Sold Price
$455,000
Premium/Discount to List
-$10,000
-2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Original Mortgage
$409,500
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 3, 2017
Closed on
Oct 13, 2017
Sold by
Schffer Marc A and Schffer Julie W
Bought by
Tucker Beau E
Seller's Agent
Jeffrey Packer
Preferred, Realtors® Ltd
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$324,900
Sold Price
$318,000
Premium/Discount to List
-$6,900
-2.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$250,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2016
Sold by
Schaffer Marc A and Schaffer Lulie W
Bought by
Schaffer Marc A and Schaffer Julie W

Purchase Details

Closed on
Mar 27, 2014
Sold by
Schaffer Marc A and Schaffer Julie W
Bought by
The Schaffer Family Trust

Purchase Details

Closed on
May 7, 1999
Sold by
Silverman Building Co In
Bought by
Schaffer Marc A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.99%

Purchase Details

Closed on
May 28, 1998
Sold by
Demaria Investments
Bought by
Silverman Building Co Inc
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
Quit Claim Deed -- None Listed On Document
Warranty Deed $500,000 None Listed On Document
Warranty Deed $455,000 --
Warranty Deed $318,000 Title One Inc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed $265,410 --
Deed $47,142 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $409,500 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $140,100 New Conventional
Previous Owner $158,671 Unknown
Previous Owner $165,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2023 11/13/23 Sold $500,000 0.0% $176 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $500,000 +9.9% $176 / Sq Ft
09/09/2022 09/09/22 Sold $455,000 -2.2% $160 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $465,000 +46.2% $164 / Sq Ft
10/13/2017 10/13/17 Sold $318,000 -2.1% $112 / Sq Ft
10/09/2017 10/09/17 Pending -- -- --
10/03/2017 10/03/17 For Sale $324,900 -- $114 / 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 $9,255 $228,420 $0 $0
2023 $8,400 $210,420 $0 $0
2022 $7,062 $186,180 $0 $0
2021 $6,720 $179,590 $0 $0
2020 $6,512 $176,830 $0 $0
2019 $6,658 $171,450 $0 $0
2018 $6,484 $159,530 $0 $0
2017 $4,805 $172,410 $0 $0
2016 $4,766 $164,360 $0 $0
2015 -- $156,450 $0 $0
2014 -- $137,750 $0 $0
2011 -- $104,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230076704

Realcomp

APN: 21-18-451-072