NOT LISTED FOR SALE

24065 Lyon Ridge Dr Unit 61 South Lyon, MI 48178

Estimated Value: $737,000 - $877,000

5 Beds
4.5 Baths
3,695 Sq Ft
$225/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $550,000 $149 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,022/month

51 Days on Market

Highlights

  • Home fronts a pond
  • Colonial Architecture
  • Covered Patio or Porch
  • South Lyon East High School Rated A-
  • Ground Level Unit
  • Double Convection Oven

About This Home

As of July 2021

Why pay super high prices for new construction when this home is finished and move in ready! Beautiful brick colonial on premium lot with pond views! Very bright & open floor plan with neutral/tasteful décor throughout. Granite kitchen has hardwood floors, cherry cabinets and opens up to lovely sun room & great room with cathedral ceiling and fireplace. Large master suite with duel walk-in closets, soaking tub & separate shower. Formal dining room and living room with columns & crown molding, first floor laundry, large 3 car garage, lower level is finished to add additional 1900 sq ft of living space with 2 egress windows. Huge yard with plenty of space for kids to play! Award winning South Lyon schools! Buyer’s agent is required to be physically present for all showings. Please adhere to all state required COVID health guidelines.

Last Agent to Sell the Property

Mark Welti

Brookstone, Realtors LLC License #6501412519 Listed on: 05/21/2021

Brookstone, Realtors LLC

Last Buyer's Agent

Anamika Singhal

Community Choice Realty Associates, LLC License #6501358088

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2006 | Remodeled in 2020

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 145 x 150
  • Home fronts a pond

HOA Fees

  • $45 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

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

Interior Spaces

  • 3,695 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Great Room with Fireplace
  • Finished Basement
  • Basement Window Egress

Kitchen

  • Double Convection Oven
  • Built-In Electric Oven
  • Built-In Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

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

Community Details

  • Lyon Ridge Condo Occpn 1818 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2125101061

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,694

Year Built

Built in 2006 | Remodeled in 2020

Lot Details

0

HOA Fees

$45 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 880.52
  • Year Built: 2006
  • State Equalized Value: 295280.0000
  • Year Renovated: 2020
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Egress Window(s), High Spd Internet Avail, Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 20
  • Total Bedrooms: 5
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Built-In Electric Oven, Built-In Gas Range, Convection Oven, Dishwasher, Disposal, Double Oven, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s)
  • Sq Ft Combined: 5553
  • Sq Ft Lower Floor: 1858
  • Total Sq Ft: 3695
  • Sq Ft Total Bsmt: 1958

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick, Vinyl, Wood
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 145
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Waterfront Description: Pond

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Electricity, Side Entrance, 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)

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee Frequency: Quarterly
  • Association Fee: 135
  • Association Fee: Yes

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.50
  • Lot Dimensions: 145 x 150
  • Parcel Number: 2125101061

Tax Info

  • Tax Amount Summer: 5706.4400
  • Tax Amount Winter: 1988.0000
  • Total Tax: 7694.4400
  • Taxable Value: 260970.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 15, 2021
Sold by
Manigault Richard
Bought by
Kancherla Naga and Moturu Mrudual
Seller's Agent
Mark Welti
Brookstone, Realtors LLC
Buyer's Agent
Anamika Singhal
Community Choice Realty Associates, LLC
List Price
$600,000
Sold Price
$550,000
Premium/Discount to List
-$50,000
-8.33%
Current Estimated Value
$832,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,601
Avg. Annual Appreciation
10.25%
Original Mortgage
$495,000
Outstanding Balance
$449,136
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$383,465

Purchase Details

Closed on
Jun 15, 2007
Sold by
Nvr Inc
Bought by
Manigault Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,150
Interest Rate
8.4%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 23, 2005
Sold by
Lyon Ridge Investment Company Llc
Bought by
Nvr 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
Kancherla Naga $550,000 Reputation First Ttl Agcy Ll
Manigault Richard $406,850 Chicago Title
Nvr Inc $255,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kancherla Naga $495,000
Previous Owner Manigault Richard $366,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2021 07/15/21 Sold $550,000 -8.3% $149 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $600,000 0.0% $162 / Sq Ft
05/19/2021 05/19/21 Price Changed $600,000 +9.1% $162 / Sq Ft
05/05/2021 05/05/21 Off Market $550,000 -- --
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 $6,758 $359,150 $0 $0
2023 $6,446 $320,530 $0 $0
2022 $8,816 $283,910 $0 $0
2021 $7,754 $291,300 $0 $0
2020 $5,706 $295,280 $0 $0
2019 $8,124 $284,230 $0 $0
2018 $8,384 $289,220 $0 $0
2017 $8,310 $285,850 $0 $0
2016 $8,239 $276,870 $0 $0
2015 -- $259,270 $0 $0
2014 -- $239,920 $0 $0
2011 -- $230,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210029931

Realcomp

APN: 21-25-101-061