NOT LISTED FOR SALE

501 N Reese St Unit 1 South Lyon, MI 48178

Estimated Value: $241,000 - $301,775

3 Beds
2.5 Baths
1,500 Sq Ft
$320/mo HOA Fee

Last Sold December 06, 2023

Last sale price $275,000 $183 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,223/month

24 Days on Market

Highlights

  • Deck
  • 2 Car Direct Access Garage
  • Private Entrance
  • Contemporary Architecture
  • Forced Air Heating and Cooling System
  • Gas Fireplace

About This Home

As of December 2023

LOCATION, LOCATION. Walk to town, restaurants, bars, shopping! This end unit is a former model! Soooo much to offer, 2 Car Attached Garage, 3 bedrooms with the Primary bedroom and bath on the main level, unfinished basement, Deck, Fireplace in the great room, 2 full baths and 1 lav. Fresh paint and carpeting makes this for an easy move in!

Last Agent to Sell the Property

Mark Riegal

Real Estate One-Plymouth License #6501252529 Listed on: 09/29/2023

Real Estate One-Plymouth

Last Buyer's Agent

Bailey Bryant

Blue Heron Realty License #6501443079

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1999

Lot Details

  • 1

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Great Room with Fireplace
  • Dryer
  • Unfinished Basement

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Deck
  • Private Entrance
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2120302001

Community Details

Overview

  • Http://Www.Legacypmc.Com/ Association
  • Hickory Pointe Condo Occpn 1001 Subdivision
  • On-Site Maintenance

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,020

Year Built

Built in 1999

Lot Details

0

HOA Fees

$320 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Assessment: 2.00
  • Year Built: 1999
  • State Equalized Value: 95750.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 9
  • Total Bedrooms: 3
  • 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 Refrigerator, Microwave
  • Sq Ft Combined: 1500
  • Total Sq Ft: 1500
  • Sq Ft Total Bsmt: 881

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Vinyl
  • Exterior Features: Grounds Maintenance, Private Entry
  • Foundation Materials: Poured
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, 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 Structure, Maintenance Grounds
  • Association Fee Frequency: Monthly
  • Phone: mchapman@legacypmc.com
  • Association Fee: 320
  • Association Contact: http://www.legacypmc.com/
  • Association Fee: Yes

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • Parcel Number: 2120302001

Tax Info

  • Tax Amount Summer: 2884.0000
  • Tax Amount Winter: 136.0000
  • Total Tax: 3020.0000
  • Taxable Value: 74510.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2024
Sold by
Freddolino Peter and Freddolino Lydia
Bought by
Freddolino Lydia
Total Days on Market
24
Current Estimated Value
$282,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,982
Outstanding Balance
$204,234
Interest Rate
4.55%
Mortgage Type
New Conventional
Estimated Equity
$77,960

Purchase Details

Listed on
Sep 29, 2023
Closed on
Dec 1, 2023
Sold by
Zaharia Don
Bought by
Freddolino Peter
Seller's Agent
Mark Riegal
Real Estate One-Plymouth
Buyer's Agent
Bailey Bryant
Blue Heron Realty
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Views
252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.76%
Original Mortgage
$206,250
Interest Rate
7.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2011
Sold by
Kargula Joann C
Bought by
Zaharia Don

Purchase Details

Closed on
May 22, 2002
Sold by
Rutherford Jason R
Bought by
Kargula Joann C

Purchase Details

Closed on
Feb 11, 1999
Sold by
William C Taulbee Bldr
Bought by
Rutherford Jason R
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
Freddolino Lydia -- None Listed On Document
Freddolino Peter $275,000 None Listed On Document
Zaharia Don $107,000 None Available
Kargula Joann C $173,000 --
Rutherford Jason R $143,650 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freddolino Lydia $206,982
Previous Owner Freddolino Peter $206,250
Previous Owner Zaharia Don $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2023 12/06/23 Sold $275,000 0.0% $183 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
10/18/2023 10/18/23 Price Changed $275,000 -3.5% $183 / Sq Ft
09/29/2023 09/29/23 For Sale $285,000 -- $190 / 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 $4,856 $119,850 $0 $0
2023 $3,123 $111,730 $0 $0
2022 $3,020 $95,750 $0 $0
2021 $2,872 $92,540 $0 $0
2020 $2,783 $90,230 $0 $0
2019 $2,847 $84,390 $0 $0
2018 $2,774 $74,450 $0 $0
2017 $2,787 $73,810 $0 $0
2016 $2,762 $72,790 $0 $0
2015 -- $71,690 $0 $0
2014 -- $69,910 $0 $0
2011 -- $63,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Riegal

    Seller's Agent in 2023

    Mark Riegal

    Real Estate One

    (734) 718-6176

    1 in this area

    186 Total Sales

    Mark Riegal
    Section Image

  • B

    Buyer's Agent in 2023

    Bailey Bryant

    Blue Heron Realty

See All Agents

Map

Source: Realcomp

MLS Number: 20230071744

Realcomp

APN: 21-20-302-001

Michigan Oakland County South Lyon 48178

501 N Reese St Unit 1, South Lyon, MI

This home is located at 501 N Reese St Unit 1, South Lyon, MI 48178 since 29 September 2023 and is currently estimated at $282,194, approximately $188 per square foot. This property was built in 1999. 501 N Reese St Unit 1 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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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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