NOT LISTED FOR SALE

131 N Reese St South Lyon, MI 48178

Estimated Value: $285,000 - $323,000

3 Beds
1 Bath
1,400 Sq Ft
$213/Sq Ft Est. Value

Last Sold October 30, 2019

Last sale price $180,000 $129 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,904/month

9 Days on Market

Highlights

  • Victorian Architecture
  • Enclosed Patio or Porch
  • Attic Fan
  • No HOA
  • 3 Car Detached Garage
  • 4-minute walk to Paul F. Baker Memorial Park

About This Home

As of October 2019

Very nice Downtown South Lyon Victorian with wrap around porch. Great Curb Appeal & Interior Appeal. Updated Kitchen, Bathroom, Furnace & Central Air. Generous Living spaces plus a cute Green House room off the back. Extra deep lot w/ 3 car garage ( needs a bit of work) All within walking distance 2 blocks from the Old 4 Corners in Downtown South Lyon

Last Agent to Sell the Property

David Mathieu

Remerica Hometown License #6501204701 Listed on: 09/19/2019

Remerica Hometown

Last Buyer's Agent

Abe Ayoub

Mayfair Real Estate Group License #RCO-6501228846

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 1889

Lot Details

  • 0.3

Parking

  • 3 Car Detached Garage

Home Design

  • Victorian Architecture
  • Asphalt Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Attic Fan
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Lot Dimensions are 66.00x170.00
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2120361017

Community Details

Overview

  • No Home Owners Association
  • Assr's Plat No 5 City Of South Lyon Subdivision

Amenities

  • Laundry Facilities

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,528

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Victorian
  • Architecture Level: 2 Story
  • Year Built: 1889
  • State Equalized Value: 77480.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Free-Standing Gas Range, Free-Standing Refrigerator
  • Sq Ft Combined: 1400
  • Total Sq Ft: 1400

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Michigan Basement
  • Construction Materials: Wood
  • Exterior Features: Lighting
  • Frontage Feet: 66
  • Porch Type: Porch, Porch - Covered, Porch - Enclosed
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Attic Fan, Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: South Lyon

Lot Info

  • List Price per Acre: 616333.3333
  • Lot Size Area: 0.30
  • Lot Dimensions: 66.00X170.00
  • Parcel Number: 2120361017

Tax Info

  • Tax Amount Summer: 3482.0000
  • Tax Amount Winter: 46.0000
  • Total Tax: 3528.0000
  • Taxable Value: 59840.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2019
Closed on
Oct 30, 2019
Sold by
Bonner Jesse
Bought by
Gables William
Seller's Agent
David Mathieu
Remerica Hometown
Buyer's Agent
Abe Ayoub
Mayfair Real Estate Group
List Price
$184,900
Sold Price
$180,000
Premium/Discount to List
-$4,900
-2.65%
Current Estimated Value
$298,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,020
Avg. Annual Appreciation
8.84%
Original Mortgage
$174,600
Outstanding Balance
$153,756
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$144,264

Purchase Details

Closed on
May 21, 2011
Sold by
Mccluskey Dorothy and Mccluskey Dorothy J
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 22, 2011
Sold by
Mccluskey Dorothy J
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Mar 27, 1995
Sold by
Thomas John E
Bought by
Dean M Schink

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,850
Interest Rate
8.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gables William $180,000 Fat
Federal Home Loan Mortgage Corporation $2,000 Attorneys Title Agency Llc
Federal Home Loan Mortgage Corp $121,417 None Available
Dean M Schink $126,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gables William $174,600
Previous Owner Dean M Schink $113,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2019 10/30/19 Sold $180,000 -2.7% $129 / Sq Ft
09/28/2019 09/28/19 Pending -- -- --
09/19/2019 09/19/19 For Sale $184,900 -- $132 / 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 $3,813 $113,250 $0 $0
2023 $3,578 $104,780 $0 $0
2022 $3,462 $91,280 $0 $0
2021 $3,294 $90,080 $0 $0
2020 $3,189 $81,510 $0 $0
2019 $3,528 $77,480 $0 $0
2018 $3,440 $78,300 $0 $0
2017 $3,428 $77,410 $0 $0
2016 $3,399 $71,620 $0 $0
2015 -- $63,840 $0 $0
2014 -- $56,480 $0 $0
2011 -- $67,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Mathieu

    Seller's Agent in 2019

    David Mathieu

    Remerica Hometown

    (248) 789-4463

    93 Total Sales

    David Mathieu
    Section Image

  • A

    Buyer's Agent in 2019

    Abe Ayoub

    Mayfair Real Estate Group

    (248) 486-9227

    20 in this area

    67 Total Sales

    Abe Ayoub
    Section Image
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Map

Source: Realcomp

MLS Number: 219097064

Realcomp

APN: 21-20-361-017

Michigan Oakland County South Lyon 48178

131 N Reese St, South Lyon, MI

This home is located at 131 N Reese St, South Lyon, MI 48178 since 19 September 2019 and is currently estimated at $298,020, approximately $212 per square foot. This property was built in 1889. 131 N Reese St is a home located in Oakland County with nearby schools including Frank E. Bartlett School, Centennial Middle School, and South Lyon High School.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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