$187,000
SOLD MAY 10, 2018

515 N Reese St Unit 8 South Lyon, MI 48178

3 Beds
2.5 Baths
1,486 Sq Ft
1 Acres

Recently Sold

$126 Per Sq Ft

1% Above List Price

5 Days on Market

Highlights

  • Car Lift
  • Porch
  • Forced Air Heating and Cooling System
  • Contemporary Architecture
  • 2 Car Attached Garage

About This Home

As of August 2022

HIGHES AND BEST DUE BY 2PM TUESDAY APRIL 17TH. LOCATION LOCATION LOCATION!! Very rare find!!! Enjoy all that South Lyon has to offer!! This large 3 bedroom 2 and half bath condo is situated within a short walking distance from downtown South Lyon!! Close walk to restaurants, shopping, nature trails, farmers markets and car shows!!! A short drive to the expressway!! You'll have plenty of space in this well maintained, move-in-ready home featuring large bedrooms and an open floor plan. All appliances are newer and included. This is a must see!!! Hurry and schedule your showing today.

Last Agent to Sell the Property

Sara Ford

3DX Real Estate-Brighton License #6501380274 Listed on: 04/12/2018

3DX Real Estate-Brighton

Last Buyer's Agent

Lisa Weir

Preferred, Realtors® Ltd License #RCO-6501391657

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2001

Home Design

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

Interior Spaces

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

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Garage Space
  • Car Lift

Outdoor Features

  • Exterior Lighting
  • Porch

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

  • Property has a Home Owners Association
  • Mark Hawley Association, Phone Number (734) 663-1900
  • Hickory Pointe Condo Occpn 1001 Subdivision
  • On-Site Maintenance

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,801

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Year Built: 2001
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, 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: 1 Assigned Space, Attached, Electricity, Lift
  • 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)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: 734-663-1900
  • Association Contact: Mark Hawley
  • Association Fee: Yes

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • Parcel Number: 2120302008

Tax Info

  • Tax Amount Summer: 2749.0000
  • Tax Amount Winter: 52.0000
  • Total Tax: 2801.0000

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%
Current Estimated Value
$307,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,338
Avg. Annual Appreciation
3.68%
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

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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 Type Sale Price Title Company
Warranty Deed $251,000 Republic First Title
Warranty Deed $187,000 None Available
Deed $121,600 Select Title
Warranty Deed -- None Available
Sheriffs Deed $122,933 None Available
Warranty Deed $111,500 None Available
Deed $172,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $238,450 Balloon
Previous Owner $20,998 Credit Line Revolving
Previous Owner $171,000 New Conventional
Previous Owner $168,300 New Conventional
Previous Owner $127,551 New Conventional
Previous Owner $109,479 FHA
Previous Owner $163,875 No Value Available
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

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Map

Source: Realcomp

MLS Number: 218030334

Realcomp

APN: 21-20-302-008