NOT LISTED FOR SALE

515 N Reese St Unit 8 South Lyon, MI 48178

Estimated Value: $243,000 - $307,555

3 Beds
4 Baths
1,486 Sq Ft
$303/mo HOA Fee

Last Sold August 26, 2022

Last sale price $251,000 $169 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,179/month

Highlights

  • Contemporary Architecture
  • Porch
  • Forced Air Heating and Cooling System
  • Ground Level Unit
  • 2 Car Attached Garage

About This Home

As of August 2022

Check out this hidden gem in South Lyon. Open floor plan, 3 bedrooms, 2 and 2 half bathrooms with attached 2 car garage. Full finished basement with media/movie room and walk-out basement. Updates include quartz countertops, new luxury vinyl plank flooring in kitchen/dining/living room, new Furnace/AC (2021), updated bathrooms, added half bath in the basement, new carpeting, new garage door, foyer floor tile, and new appliances. Great location, short walking distance to Downtown South Lyon, restaurants, shopping, schools, farm market, coffee shop, and more. All appliances stay including the refrigerator in the garage. A must-see!

Last Agent to Sell the Property

Cynthia Monzon

Clients First, REALTORS® License #6501414143 Listed on: 06/23/2022

Clients First, REALTORS®

Last Buyer's Agent

Frank Yaldo

Wilbanks Real Estate License #6501387678

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2001

Lot Details

  • 1

HOA Fees

  • $303 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,486 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Porch

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2120302008

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

$3,265

Year Built

Built in 2001

Lot Details

0

HOA Fees

$303 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Assessment: 1.00
  • Year Built: 2001
  • State Equalized Value: 87690.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Room Count: 13
  • Total Bedrooms: 3
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Walk-Out Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 2131
  • Sq Ft Lower Floor: 645
  • Total Sq Ft: 1486
  • Sq Ft Total Bsmt: 645

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Grounds Maintenance, Lighting
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 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

  • Association Fee Frequency: Monthly
  • Phone: 248-769-7378
  • Association Fee: 303
  • Association Contact: Legacy Management
  • Association Fee: Yes

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • Parcel Number: 2120302008

Tax Info

  • Tax Amount Summer: 3194.0000
  • Tax Amount Winter: 71.0000
  • Total Tax: 3265.0000
  • Taxable Value: 81990.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Aug 26, 2022
Sold by
Ryan Lisa E
Bought by
Chakravarti Sonny and Chakravarti Navjot
Seller's Agent
Cynthia Monzon
Clients First, REALTORS®
Buyer's Agent
Frank Yaldo
Wilbanks Real Estate
List Price
$250,000
Sold Price
$251,000
Premium/Discount to List
$1,000
0.4%
Total Days on Market
0
Current Estimated Value
$279,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,139
Avg. Annual Appreciation
3.92%
Original Mortgage
$238,450
Outstanding Balance
$208,110
Interest Rate
4.58%
Mortgage Type
Balloon
Estimated Equity
$71,029

Purchase Details

Listed on
Apr 12, 2018
Closed on
May 10, 2018
Sold by
Belleville Sarah Anne
Bought by
Ryan Lisa E
Seller's Agent
Sara Ford
3DX Real Estate-Brighton
Buyer's Agent
Lisa Weir
Preferred, Realtors® Ltd
List Price
$185,000
Sold Price
$187,000
Premium/Discount to List
$2,000
1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
Original Mortgage
$168,300
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 20, 2015
Closed on
May 14, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Belleville Sarah Anne
Seller's Agent
Steve Katsaros
KW Metro
Buyer's Agent
Joan Fletcher
RE/MAX Platinum
List Price
$160,000
Sold Price
$121,600
Premium/Discount to List
-$38,400
-24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.54%
Original Mortgage
$127,551
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2013
Sold by
Fifth Third Mortgage Company
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Feb 26, 2013
Sold by
Schuster Kimberly A
Bought by
Fifth Third Mortgage Company

Purchase Details

Closed on
Mar 1, 2010
Sold by
Alford Casey and Alford Laura
Bought by
Schuster Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,479
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 19, 2002
Sold by
Taulbee William C
Bought by
Alford Casey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,875
Interest Rate
6.4%
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
Chakravarti Sonny $251,000 Republic First Title
Ryan Lisa E $187,000 None Available
Belleville Sarah Anne $121,600 Select Title
The Secretary Of Housing & Urban Develop -- None Available
Fifth Third Mortgage Company $122,933 None Available
Schuster Kimberly A $111,500 None Available
Alford Casey $172,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chakravarti Sonny $238,450
Previous Owner Ryan Lisa $20,998
Previous Owner Ryan Lisa E $171,000
Previous Owner Ryan Lisa E $168,300
Previous Owner Belleville Sarah Anne $127,551
Previous Owner Schuster Kimberly A $109,479
Previous Owner Alford Casey $163,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $251,000 +0.4% $169 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $250,000 +33.7% $168 / Sq Ft
05/10/2018 05/10/18 Sold $187,000 +1.1% $126 / Sq Ft
04/17/2018 04/17/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $185,000 +52.1% $124 / Sq Ft
05/18/2015 05/18/15 Sold $121,600 -24.0% $86 / Sq Ft
03/30/2015 03/30/15 Pending -- -- --
01/20/2015 01/20/15 For Sale $160,000 -- $113 / 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 $4,727 $119,210 $0 $0
2023 $4,436 $111,120 $0 $0
2022 $3,432 $90,730 $0 $0
2021 $3,265 $87,690 $0 $0
2020 $3,164 $85,260 $0 $0
2019 $3,236 $79,360 $0 $0
2018 $2,769 $68,060 $0 $0
2017 $2,801 $67,470 $0 $0
2016 $2,776 $66,540 $0 $0
2015 -- $62,340 $0 $0
2014 -- $60,810 $0 $0
2011 -- $55,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Monzon

    Seller's Agent in 2022

    Cynthia Monzon

    Clients First, REALTORS®

    (313) 587-0469

    1 in this area

    24 Total Sales

    Cynthia Monzon
    Section Image
  • Frank Yaldo

    Buyer's Agent in 2022

    Frank Yaldo

    Wilbanks Real Estate

    (248) 755-9791

    4 in this area

    297 Total Sales

    Frank Yaldo
    Section Image
  • Sara Ford

    Seller's Agent in 2018

    Sara Ford

    3DX Real Estate-Brighton

    4 in this area

    42 Total Sales

    Sara Ford
    Section Image

  • L

    Buyer's Agent in 2018

    Lisa Weir

    Preferred, Realtors® Ltd

  • Steve Katsaros

    Seller's Agent in 2015

    Steve Katsaros

    KW Metro

    (248) 229-4663

    74 Total Sales

    Steve Katsaros
    Section Image
  • Sandra Szekely

    Seller Co-Listing Agent in 2015

    Sandra Szekely

    Real Estate One

    (734) 649-3152

    3 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 20221008053

Realcomp

APN: 21-20-302-008

Michigan Oakland County South Lyon 48178

515 N Reese St Unit 8, South Lyon, MI

This home is located at 515 N Reese St Unit 8, South Lyon, MI 48178 since 23 June 2022 and is currently estimated at $279,139, approximately $187 per square foot. This property was built in 2001. 515 N Reese St Unit 8 is a home located in Oakland County with nearby schools including Frank E. Bartlett School, Centennial Middle School, and South Lyon High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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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