$121,600
SOLD MAY 18, 2015

515 N Reese St Unit 8 South Lyon, MI 48178

3 Beds
2.5 Baths
1,419 Sq Ft
$210/mo HOA Fee

Recently Sold

$86 Per Sq Ft

24% Below List Price

69 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Patio
  • Balcony
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

HUD Home. Sold AS-IS by electronic bid only. Available 03-27-15. Bids are due DAILY by 11:59 PM Central Time until sold. FHA Case # 264-049562. Insured w/ escrow repair. 203K eligible.(IE) Buyer to verify all info. Disclosures: Individual condominium unit. Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. (IE) - FHA 203B with Repair Escrow financing availability is subject to buyer's appraisal. HOA Association fee of $210 Monthly. This 3-bedroom condo has a finished, walk-out basement with patio and an attached 2-car garage. The living room features a doorwall out to the balcony. Large master bedroom with master bath. *PRICE REDUCED*

Last Agent to Sell the Property

Steve Katsaros

KW Metro License #6502401342 Listed on: 01/20/2015

KW Metro

Co-Listed By

Sandra Szekely

Real Estate One-Brighton License #8201355801

Last Buyer's Agent

Joan Fletcher

RE/MAX Platinum License #RCO-6501245693

RE/MAX Platinum

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2001

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,419 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

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

Community Details

  • Hickory Pointe Condo Occpn 1001 Subdivision
  • On-Site Maintenance

Listing and Financial Details

  • Assessor Parcel Number 2120302008

Property Details

Home Type

Condominium

Year Built

Built in 2001

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Sq Ft Combined: 2032
  • Sq Ft Lower Floor: 613
  • Total Sq Ft: 1419
  • Sq Ft Total Bsmt: 645

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Grounds Maintenance
  • Foundation Materials: Poured
  • Porch Type: Balcony, Patio, 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)
  • Laundry Facilities: No

Condo/Co-op/Association

  • HOA Fee Includes: Water
  • Association Fee Frequency: Monthly
  • Association Fee: 210
  • Association Fee: No

Schools

  • School District: South Lyon

Lot Info

  • Parcel Number: 2120302008

Tax Info

  • Tax Amount Summer: 3341.0000
  • Tax Amount Winter: 44.0000
  • Total Tax: 3385.0000

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
69
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 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

  • 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: 215006262

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 and is currently priced at $121,600, approximately $85 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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