$274,900
$25K PRICE DROP

501 N Reese St Unit 1 South Lyon, MI 48178

Estimated payment $2,241/month

Total Views 24,370
3 Beds
2.5 Baths
1,500 Sq Ft
$183 Price per Sq Ft

Highlights

  • Deck
  • 2 Car Direct Access Garage
  • Dogs and Cats Allowed
  • Contemporary Architecture
  • Forced Air Heating and Cooling System
  • Gas Fireplace

About This Home

Welcome to this beautiful end-unit condo located just steps from vibrant downtown! Enjoy walking distance to restaurants, bars, and shopping while coming home to a peaceful retreat. This spacious 3-bedroom, 2.5-bath home features a desirable first-floor primary suite for added convenience. Soaring ceilings and a cozy fireplace enhance the great room, creating a warm and inviting atmosphere. Upstairs offers additional bedrooms and a full bath, perfect for guests or a home office. Relax or entertain on the private back deck. Don't miss your chance to own this prime corner unit in a sought-after location!

Listing Agent

David Godin

LPT Realty License #MISPE-6501419852 Listed on: 06/20/2025

LPT Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1999

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2120302001

Community Details

Overview

  • Chapman@Legacypmc.Com HOA
  • Hickory Pointe Condo Occpn 1001 Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,112

Year Built

Built in 1999

Lot Details

0

HOA Fees

$320 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Condominium
  • Architecture Style: Contemporary
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 5112.16
  • Total Tax Year: 2024
  • Year Built: 1999
  • Mail City: South Lyon
  • Unit Number Building Number: #1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace
  • Basement: Yes
  • Basement: Unfinished
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 13 x 13
  • Bedroom 2: On 2nd Floor, Dimensions: 9 x 13
  • Bedroom 3: On 2nd Floor, Dimensions: 13 x 17
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: Dimensions: 8 x 5, On Level: First
  • Bathroom 2: Dimensions: 8 x 5, On Level: Second
  • Below Grade Sq Ft: 880
  • Above Grade Finished Sq Ft: 1500
  • Total Finished Sq Ft: 1500
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Exterior Features: Deck
  • Foundation: Basement

Garage/Parking

  • Garage: Attached Garage, Direct Access
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public At Street
  • Water: Public Water
  • Cooling: Central A/C

Condo/Co-op/Association

  • HOA Fees: 320
  • HOA Fee Frequency: Monthly
  • Association Contact: chapman@legacypmc.com
  • Association Phone: 248-769-7370
  • Pets: Yes
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 2120302001
  • Geo Subdivision: MI

Rental Info

  • Pets Allowed: Yes
  • Pet Restriction: Cats Allowed, Dogs Allowed

Tax Info

  • Summer Tax: Year: 2024, Amount: $4,856.07
  • Winter Tax: Year: 2024, Amount: $256.09
  • Total Tax: Year: 2024, Amount: $5,112.16

MLS Schools

  • School District: South Lyon Community Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 Price Changed $274,900 0.0% $183 / Sq Ft
07/25/2025 07/25/25 Price Changed $275,000 -8.3% $183 / Sq Ft
07/02/2025 07/02/25 Price Changed $299,900 0.0% $200 / Sq Ft
06/20/2025 06/20/25 For Sale $300,000 +9.1% $200 / Sq Ft
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: Michigan Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $275,000 None Listed On Document
Warranty Deed $107,000 None Available
Deed $173,000 --
Deed $143,650 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $206,982 New Conventional
Previous Owner $206,250 New Conventional
Previous Owner $135,000 Credit Line Revolving
Source: Public Records

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Source: Michigan Multiple Listing Service

MLS Number: 50179066

Michigan Multiple Listing Service

APN: 21-20-302-001