$195,000
SOLD AUG 15, 2019

516 N Reese St Unit 15 South Lyon, MI 48178

3 Beds
2.5 Baths
1,486 Sq Ft
$295/mo HOA Fee

Recently Sold

$131 Per Sq Ft

2% Below List Price

48 Days on Market

Highlights

  • Colonial Architecture
  • Covered patio or porch
  • 2 Car Direct Access Garage
  • Deck
  • Balcony
  • Programmable Thermostat

About This Home

As of August 2021

South Lyon Proper 3 bd, 2.1 ba, Col Condo (ALL Bd UP) Ideally situated in quaint, quiet & well maintained Hickory Pointe Condominium Complex. This neat and clean, move-in ready unit was completely redone recently including; refinished wood flooring, kitchen; new granite counter top, sink, faucet, lighting, new cabinet hardware, all new appliances and new flooring, the rest of the unit has new carpet and freshly painted t/o. New counter tops, sinks and faucets in all three bathrooms, new light fixtures, new Culligan Water Softener and R/O system. You will love the peaceful wooded view from the balcony arguably the best location in the entire complex. This unit features a two-car attached garage and walk-out basement. Centrally located to downtown...just a quick stroll to the Farmers Market, restaurants, coffee & gift shops, Pumpkinfest, Classic Car shows, Memorial Day Parade -so many features that make this such a terrific community to be part of. Seller is licensed agent.

Last Agent to Sell the Property

Mary Carano

National Realty Centers, Inc License #6501371925 Listed on: 06/01/2019

National Realty Centers, Inc

Last Buyer's Agent

Natalie Hess

Howard Hanna License #6501386780

Howard Hanna

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2001

HOA Fees

  • $295 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,486 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck
  • Covered patio or porch

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 2120302008

Community Details

Overview

  • Legacy Property 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

$2,769

Year Built

Built in 2001

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 3.08
  • Year Built: 2001
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail, Programmable Thermostat, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 9
  • 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, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2086
  • Sq Ft Lower Floor: 600
  • Total Sq Ft: 1486
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exclusions: Yes
  • Exterior Features: Grounds Maintenance
  • Foundation Materials: Poured
  • Porch Type: Balcony, Deck, Patio, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • 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

  • Association Fee Frequency: Monthly
  • Phone: 248-769-7378
  • Association Fee: 295
  • Association Contact: Legacy Property Management
  • Association Fee: Yes

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • Parcel Number: 2120302008

Tax Info

  • Tax Amount Summer: 2715.0000
  • Tax Amount Winter: 54.0000
  • Total Tax: 2769.0000

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
$296,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,641
Avg. Annual Appreciation
5.65%
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

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 $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

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Map

Source: Realcomp

MLS Number: 219051955

Realcomp

APN: 21-20-302-015