$221,000
SOLD AUG 18, 2021

516 N Reese St Unit 15 South Lyon, MI 48178

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

Recently Sold

$151 Per Sq Ft

8% Below List Price

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%
Total Days on Market
38
Current Estimated Value
$274,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,716
Avg. Annual Appreciation
5.91%
Original Mortgage
$191,137
Outstanding Balance
$175,570
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$99,146

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

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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 $221,000 First American Title
Warranty Deed $195,000 None Available
Warranty Deed $170,000 First American Title Insuran
Warranty Deed $89,000 Partners Title Agency Llc
Warranty Deed $150,000 None Available
Deed $165,000 --
Deed $155,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $191,137 FHA
Previous Owner $140,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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

    9 in this area

    78 Total Sales

    Kurt Bernas
    Section Image

  • D

    Buyer's Agent in 2021

    Diane Braykovich

    RE/MAX

    (248) 348-3000

    4 in this area

    26 Total Sales

    Diane Braykovich
    Section Image
  • Mary Carano

    Seller's Agent in 2019

    Mary Carano

    National Realty Centers, Inc

    (248) 939-7002

    20 in this area

    70 Total Sales

    Mary Carano
    Section Image

  • N

    Buyer's Agent in 2019

    Natalie Hess

    Howard Hanna

    (248) 497-5205

    44 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

    228 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 and is currently priced at $221,000, approximately $151 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.

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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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