NOT LISTED FOR SALE

508 N Reese St South Lyon, MI 48178

Estimated Value: $237,000 - $318,871

3 Beds
2.5 Baths
1,517 Sq Ft
$303/mo HOA Fee

Last Sold March 22, 2022

Last sale price $242,000 $160 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,239/month

6 Days on Market

Highlights

  • Cape Cod Architecture
  • End Unit
  • 2 Car Direct Access Garage
  • Deck
  • Corner Lot
  • Porch

About This Home

As of March 2022

Check out this South Lyon hidden gem! Hard to find 3 bedroom, 2 1/2 bath, END UNIT CONDO w/attached 2 car garage & full basement located in the heart of South Lyon under 250K ~ This beauty was built in 2012 and has 1500 sqft of finished living space plus a full basement w/egress window just waiting for its new owner~1st floor master bedroom w/vaulted ceilings & private bath~ Upper level offers 2 bedrooms w/Jack & Jill bath w/duel sinks~ Loft area would be a perfect place for an office or den~ Great room has vaulted ceilings & door wall leading to your private deck~ 1st floor laundry for your convenience ~Eat in kitchen w/hickory cabinets, hardwood floors & 2 windows allowing tons of natural light to pour in~ NEW Energy Efficiency WINDOWS installed 2016 w/transferable warranty~ NEW Hot Water Heater 2020~ This quaint little community is tucked away in a quiet setting & is easily accessible to the Rail Trail for walking & biking, seconds from downtown South Lyon & minutes from expressways

Last Agent to Sell the Property

Connie Naber

Remerica Integrity II License #6501330680 Listed on: 02/10/2022

Last Buyer's Agent

mickey chhaya

Real Estate One-Plymouth License #RCO-6501390581

Real Estate One-Plymouth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2012

Lot Details

  • End Unit
  • Private Entrance
  • Sprinkler System

HOA Fees

  • $303 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,517 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Flush Toilets

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2120302019

Community Details

Overview

  • Legacy Management Association, Phone Number (248) 769-7378
  • Hickory Pointe Condo Occpn 1001 Subdivision
  • On-Site Maintenance

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,106

Year Built

Built in 2012

Lot Details

0

HOA Fees

$303 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Cape Cod, End Unit
  • Architecture Level: 2 Story
  • Year Built: 2012
  • State Equalized Value: 96910.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Dual-Flush Toilet(s), High Spd Internet Avail, Water Softener (owned)
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 1517
  • Total Sq Ft: 1517
  • Sq Ft Total Bsmt: 864

Exterior Features

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

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Electricity, Door Opener, 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: Snow Removal, Maintenance Structure, Maintenance Grounds
  • Association Fee Frequency: Monthly
  • Phone: 2487697378
  • Association Fee: 303
  • Association Contact: Legacy Management
  • Association Fee: Yes

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • Lot Features: Corner Lot, Sprinkler(s)
  • Parcel Number: 2120302019

Tax Info

  • Tax Amount Summer: 3039.0000
  • Tax Amount Winter: 67.0000
  • Total Tax: 3106.0000
  • Taxable Value: 78000.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Mar 22, 2022
Sold by
Sayko Mary A
Bought by
Elangainathan Deepa
Seller's Agent
Connie Naber
Remerica Integrity II
Buyer's Agent
mickey chhaya
Real Estate One-Plymouth
List Price
$248,000
Sold Price
$242,000
Premium/Discount to List
-$6,000
-2.42%
Total Days on Market
6
Current Estimated Value
$286,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,218
Avg. Annual Appreciation
5.40%
Original Mortgage
$193,600
Outstanding Balance
$162,321
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$123,897

Purchase Details

Closed on
Oct 13, 2020
Sold by
Jayko Mary A
Bought by
Jayko Mary A and Naber Constance Nadine

Purchase Details

Closed on
Aug 4, 2014
Sold by
Jayko Mary A
Bought by
Jayko Mary A

Purchase Details

Listed on
Jan 24, 2013
Closed on
May 22, 2013
Sold by
Lawrence & Janette Hegwood Agreement Of
Bought by
Jayko Mary A
Seller's Agent
Cheryl Hart
Real Estate One-South Lyon
Buyer's Agent
Connie Naber
Remerica Integrity II
List Price
$154,900
Sold Price
$145,000
Premium/Discount to List
-$9,900
-6.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%
Original Mortgage
$103,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2004
Sold by
Hegwood Lawrence and Hegwood Janette
Bought by
Lawrence & Janette Hegwood Agreement Of

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
5.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 1, 2001
Sold by
Taulbee Douglas
Bought by
Hegwood Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.27%

Purchase Details

Closed on
Jan 9, 2001
Sold by
Taulbee D
Bought by
Wells Fargo Home Mtg Inc

Purchase Details

Closed on
Aug 11, 1999
Sold by
Builde William C Taulbee
Bought by
Taulbee Douglas W
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
Elangainathan Deepa $242,000 Reputation First Title
Jayko Mary A -- None Available
Jayko Mary A -- Reputation First Title
Jayko Mary A $145,000 Capital Title Ins Agency
Lawrence & Janette Hegwood Agreement Of -- --
Hegwood Lawrence $160,000 --
Wells Fargo Home Mtg Inc $131,584 --
Taulbee Douglas W $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elangainathan Deepa $193,600
Previous Owner Jayko Mary A $103,000
Previous Owner Hegwood Lawrence F $50,000
Previous Owner Hegwood Lawrence F $45,500
Previous Owner Hegwood Lawrence $101,500
Previous Owner Hegwood Lawrence $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2022 03/22/22 Sold $242,000 -2.4% $160 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $248,000 +71.0% $163 / Sq Ft
05/22/2013 05/22/13 Sold $145,000 -6.4% $96 / Sq Ft
04/03/2013 04/03/13 Pending -- -- --
01/24/2013 01/24/13 For Sale $154,900 -- $103 / 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 $5,000 $126,350 $0 $0
2023 $4,692 $117,540 $0 $0
2022 $3,265 $100,450 $0 $0
2021 $3,106 $96,910 $0 $0
2020 $3,010 $94,710 $0 $0
2019 $3,079 $89,430 $0 $0
2018 $3,000 $75,210 $0 $0
2017 $3,013 $74,460 $0 $0
2016 $2,986 $73,340 $0 $0
2015 -- $72,140 $0 $0
2014 -- $70,260 $0 $0
2011 -- $60,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220006129

Realcomp

APN: 21-20-302-019