NOT LISTED FOR SALE

1164 Chestnut Ln South Lyon, MI 48178

Estimated Value: $426,000 - $519,000

4 Beds
2.5 Baths
2,748 Sq Ft
$178/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $400,000 $146 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,326/month

9 Days on Market

Highlights

  • Colonial Architecture
  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • Fireplace in Primary Bedroom
  • 2 Car Direct Access Garage
  • Water Softener is Owned

About This Home

As of February 2023

This is a fantastic home awaiting new owners! Amazing layout looks expansive with open foyer, tall windows, open living room/dining room. Kitchen with island, white cabinets, white/gray quartz and wood floors. Family room with vaulted ceiling and beautiful fireplace. Master bedroom upstairs with vaulted ceiling, fireplace and opens to 4th bedroom/sitting room/nursery. Expansive master bath with ceramic floor, large prepping area, separate large soaking tub, shower and toilet room, along with a huge closet (10x8). 2 more large bedrooms with vaulted ceiling and full bath has vaulted ceiling and partition from sinks to bathtub/toilet area. Fresh paint throughout and new carpet on first floor and most of 2nd floor. Basement open for interpretation and plumbed for a full bath. Extra tall 8 1/2 ft basement ceilings! Move in ready. The subdivision offers a park with a playground, tennis courts, and sidewalks throughout. Highways, downtown South Lyon, shopping, schools, and State and Metro Parks are all nearby.

Last Agent to Sell the Property

Karen Reeber

RE/MAX New Trend License #6501116009 Listed on: 12/27/2022

RE/MAX New Trend

Last Buyer's Agent

Connie Isbell

Remerica United Realty License #6501181561

Remerica United Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1998

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 78 x 125 x 86 x 130

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

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

Interior Spaces

  • 2,748 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Free-Standing Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2118454023
  • $3,000 Seller Concession

Community Details

Overview

  • Michele Lazowski/Bridenmagt.Com Association, Phone Number (245) 921-3909
  • Trotters Pointe Occpn 951 Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,712

Year Built

Built in 1998

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: 186980.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Water Softener (owned), Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room, Primary Bedroom
  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Gas Oven, Free-Standing Refrigerator, Microwave
  • Sq Ft Combined: 2748
  • Total Sq Ft: 2748
  • Sq Ft Total Bsmt: 1313

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 78
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Electricity, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: 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: 2459213909
  • Association Fee: 300
  • Association Contact: Michele Lazowski/Bridenmagt.com
  • Association Fee: Yes

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.24
  • Lot Dimensions: 78 x 125 x 86 x 130
  • Parcel Number: 2118454023

Tax Info

  • Tax Amount Summer: 4613.0000
  • Tax Amount Winter: 99.0000
  • Total Tax: 4712.0000
  • Taxable Value: 119190.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2022
Closed on
Feb 1, 2023
Sold by
Hagemann Andrew M and Hagemann Colleen A
Bought by
Schultz Tyler and Schultz Paige
Seller's Agent
Karen Reeber
RE/MAX New Trend
Buyer's Agent
Connie Isbell
Remerica United Realty
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%
Total Days on Market
9
Views
6
Current Estimated Value
$489,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,853
Avg. Annual Appreciation
9.13%
Original Mortgage
$270,000
Outstanding Balance
$263,180
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$226,673

Purchase Details

Closed on
Feb 11, 2016
Sold by
Hagemann Colleen
Bought by
Hagemann Andrew M and Hagemann Colleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2008
Sold by
Bruglio Sheree and Bruglio Joseph
Bought by
Nationstar Mortgage Llc and Centex Home Equity Company Llc

Purchase Details

Closed on
Nov 9, 1998
Sold by
Silverman Building Co In
Bought by
Silverman Building Co Inc

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 Buyer Sale Price Title Company
Schultz Tyler $400,000 Embassy Title
Hagemann Andrew M -- Midstate Title Agency Llc
Nationstar Mortgage Llc $176,250 None Available
Silverman Building Co Inc $260,000 --
Silverman Building Co Inc $47,142 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Tyler $270,000
Previous Owner Hagemann Andrew M $170,000
Previous Owner Hagemann Andrew M $170,000
Previous Owner Hagemann Colleen $164,957
Previous Owner Bruglio Joseph $25,500
Previous Owner Bruglio Joseph $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $400,000 -3.6% $146 / Sq Ft
01/05/2023 01/05/23 Pending -- -- --
12/27/2022 12/27/22 For Sale $415,000 -- $151 / 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 $8,426 $207,960 $0 $0
2023 $4,996 $204,190 $0 $0
2022 $4,828 $186,980 $0 $0
2021 $4,594 $180,370 $0 $0
2020 $4,452 $177,480 $0 $0
2019 $4,551 $171,410 $0 $0
2018 $4,433 $161,550 $0 $0
2017 $4,455 $159,830 $0 $0
2016 $4,415 $152,340 $0 $0
2015 -- $144,950 $0 $0
2014 -- $127,580 $0 $0
2011 -- $97,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221070413

Realcomp

APN: 21-18-454-023