NOT LISTED FOR SALE

516 N Reese St Unit 15 South Lyon, MI 48178

Estimated Value: $282,000 - $342,463

3 Beds
2.5 Baths
1,462 Sq Ft
$303/mo HOA Fee

Last Sold August 18, 2021

Last sale price $221,000 $151 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,422/month

38 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • Porch
  • Deck
  • Balcony
  • 2 Car Attached Garage

About This Home

As of August 2021

Don't miss this condo! Located in quaint, quiet, well maintained Hickory Pointe Condominiums. Condo features refinished wood flooring, granite counters in the kitchen and all bathrooms, newer carpet, light fixtures and Culligan water softener with RO system. Incredibly peaceful wooded view from all levels of this beautiful condo including private deck on the main level and the walk-out basement. Just a short walk to all that downtown South Lyon has to offer including restaurants, local shops, farmer's market, Pumpkinfest and Memorial Day parades, classic car shows and more. Very close to the Huron Valley Trail system that connects you to Kensington Metropark and Island Lake State Park. Be a part of this wonderful hometown community.

Last Agent to Sell the Property

Kurt Bernas

RE/MAX New Trend License #6501401784 Listed on: 05/21/2021

RE/MAX New Trend

Last Buyer's Agent

Diane Braykovich

RE/MAX Classic License #RCO-6501119640

RE/MAX Classic

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1999

HOA Fees

  • $303 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,462 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 2120302015
  • $1,000 Seller Concession

Community Details

Overview

  • Melissa Chapman 248 769 7378 Association
  • Hickory Pointe Condo Occpn 1001 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,499

Year Built

Built in 1999

Lot Details

0

HOA Fees

$303 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 1.53
  • Year Built: 1999
  • State Equalized Value: 87480.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Water Softener (owned), High Spd Internet Avail, Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Oven, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 2062
  • Sq Ft Lower Floor: 600
  • Total Sq Ft: 1462
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Porch Type: Balcony, Deck, Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), 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: Snow Removal, Maintenance Structure, Maintenance Grounds, Pest Control
  • Association Fee Frequency: Monthly
  • Phone: mchapman@legacypmc.com
  • Association Fee: 303
  • Association Contact: Melissa Chapman 248-769-7378
  • Association Fee: Yes

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • Parcel Number: 2120302015

Tax Info

  • Tax Amount Summer: 3423.0000
  • Tax Amount Winter: 76.0000
  • Total Tax: 3499.0000
  • Taxable Value: 87480.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Aug 18, 2021
Sold by
Henriksen Mildred L
Bought by
Mcelroy Andrea and Mcelroy Micahel
Seller's Agent
Kurt Bernas
RE/MAX New Trend
Buyer's Agent
Diane Braykovich
RE/MAX Classic
List Price
$239,900
Sold Price
$221,000
Premium/Discount to List
-$18,900
-7.88%
Current Estimated Value
$304,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,866
Avg. Annual Appreciation
8.10%

Purchase Details

Listed on
Jun 1, 2019
Closed on
Aug 15, 2019
Sold by
Carano Mary K
Bought by
Henriksen Mildred L
Seller's Agent
Mary Carano
National Realty Centers, Inc
Buyer's Agent
Natalie Hess
Howard Hanna
List Price
$200,000
Sold Price
$195,000
Premium/Discount to List
-$5,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%

Purchase Details

Listed on
Feb 15, 2018
Closed on
Apr 27, 2018
Sold by
Senechal Jeffrey and Senechal Ronald
Bought by
Carano Mary K
Seller's Agent
Erin Williams
KW Realty Livingston
Buyer's Agent
Mary Carano
Real Estate One-South Lyon
List Price
$185,000
Sold Price
$170,000
Premium/Discount to List
-$15,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%

Purchase Details

Closed on
May 16, 2011
Sold by
Berlingheiri Leo
Bought by
Senechal Jeffrey and Senechal Ronald

Purchase Details

Closed on
Mar 7, 2008
Sold by
Williams Kelly and Baldwin Kelly
Bought by
Berlingheiri Leo

Purchase Details

Closed on
May 31, 2001
Sold by
Saline Chris A
Bought by
Baldwin Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,250
Interest Rate
6.97%

Purchase Details

Closed on
Aug 12, 1999
Sold by
Builde William C Taulbee
Bought by
Saline Chris A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mcelroy Andrea $221,000 First American Title
Henriksen Mildred L $195,000 None Available
Carano Mary K $170,000 First American Title Insuran
Senechal Jeffrey $89,000 Partners Title Agency Llc
Berlingheiri Leo $150,000 None Available
Baldwin Kelly $165,000 --
Saline Chris A $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baldwin Kelly $140,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2021 08/18/21 Sold $221,000 -3.9% $151 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/03/2021 06/03/21 Price Changed $230,000 -4.1% $157 / Sq Ft
05/21/2021 05/21/21 For Sale $239,900 +23.0% $164 / Sq Ft
08/15/2019 08/15/19 Sold $195,000 0.0% $131 / Sq Ft View Prior Sale
07/19/2019 07/19/19 Pending -- -- --
07/01/2019 07/01/19 Price Changed $195,000 -2.5% $131 / Sq Ft
06/01/2019 06/01/19 For Sale $200,000 +17.6% $135 / Sq Ft
04/27/2018 04/27/18 Sold $170,000 -2.9% $116 / Sq Ft View Prior Sale
03/16/2018 03/16/18 Pending -- -- --
03/01/2018 03/01/18 Price Changed $175,000 -5.4% $120 / Sq Ft
02/15/2018 02/15/18 For Sale $185,000 -- $127 / 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 $6,018 $116,230 $0 $0
2023 $5,674 $108,400 $0 $0
2022 $5,459 $93,000 $0 $0
2021 $3,532 $89,890 $0 $0
2020 $3,423 $87,480 $0 $0
2019 $3,326 $81,560 $0 $0
2018 $2,528 $67,620 $0 $0
2017 $2,539 $67,060 $0 $0
2016 $2,516 $66,150 $0 $0
2015 -- $65,150 $0 $0
2014 -- $63,560 $0 $0
2011 -- $58,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kurt Bernas

    Seller's Agent in 2021

    Kurt Bernas

    RE/MAX

    (248) 736-6647

    10 in this area

    80 Total Sales

    Kurt Bernas
    Section Image

  • D

    Buyer's Agent in 2021

    Diane Braykovich

    RE/MAX

    (248) 348-3000

    4 in this area

    21 Total Sales

    Diane Braykovich
    Section Image
  • Mary Carano

    Seller's Agent in 2019

    Mary Carano

    National Realty Centers, Inc

    (248) 939-7002

    22 in this area

    76 Total Sales

    Mary Carano
    Section Image

  • N

    Buyer's Agent in 2019

    Natalie Hess

    Howard Hanna

    (248) 497-5205

    51 Total Sales

    Natalie Hess
    Section Image
  • Erin Williams

    Seller's Agent in 2018

    Erin Williams

    KW Realty Livingston

    (734) 775-0795

    5 in this area

    224 Total Sales

    Erin Williams
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210037972

Realcomp

APN: 21-20-302-015

Michigan Oakland County South Lyon 48178

516 N Reese St Unit 15, South Lyon, MI

This home is located at 516 N Reese St Unit 15, South Lyon, MI 48178 since 21 May 2021 and is currently estimated at $304,866, approximately $208 per square foot. This property was built in 1999. 516 N Reese St Unit 15 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

Nearby Homes