NOT LISTED FOR SALE

517 N Reese St Unit 9 South Lyon, MI 48178

Estimated Value: $240,000 - $304,902

3 Beds
2.5 Baths
1,547 Sq Ft
$295/mo HOA Fee

Last Sold August 17, 2017

Last sale price $175,000 $113 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,080/month

21 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Direct Access Garage
  • Patio
  • Deck
  • Porch
  • Programmable Thermostat

About This Home

As of August 2017

WONDERFUL END UNIT CONDO IN THE CITY OF SOUTH LYON~LARGE FIRST FLOOR MASTER WITH ADJACENT BATH~LARGE WINDOW WITH NICE VIEW OF PRIVATE YARD~SPACIOUS LIVING ROOM/DINING ROOM WITH VAULTED CEILINGS,HAS DOORWALL OUT TO PRIVATE DECK~UPPER LEVEL FEATURES BEDROOM WITH FULL BATH~LOFT AREA WITH CLOSET USED FOR A BEDROOM OR OFFICE~WALK OUT BASEMENT ~2 CAR ATTACHED GARAGE~GREAT LOCATION TO TOWN, SCHOOLS AND FREEWAYS!

Last Agent to Sell the Property

Patricia Lotz

Real Estate One-Brighton License #6501308101 Listed on: 06/14/2017

Real Estate One-Brighton

Last Buyer's Agent

Patricia Lotz

Real Estate One-Brighton License #6501308101 Listed on: 06/14/2017

Real Estate One-Brighton

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2001

Lot Details

  • Property fronts a private road

HOA Fees

  • $295 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,547 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2120302009

Community Details

Overview

  • Select Community Management 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

$3,003

Year Built

Built in 2001

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 1 1/2 Story
  • Assessment: 1.16
  • Year Built: 2001
  • Foundation Features: Sump Pump
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Programmable Thermostat, Water Softener (owned)
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1547
  • Total Sq Ft: 1547
  • Sq Ft Total Bsmt: 928

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Grounds Maintenance, Lighting, Satellite Dish
  • Foundation Materials: Poured
  • Porch Type: Deck, Patio, Porch
  • Road Frontage Type: Paved, Private, Pub. Sidewalk

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)
  • 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 Fee: 295
  • Association Contact: SELECT COMMUNITY MANAGEMENT
  • Association Fee: Yes

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • Parcel Number: 2120302009

Tax Info

  • Tax Amount Summer: 2947.0000
  • Tax Amount Winter: 56.0000
  • Total Tax: 3003.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2017
Closed on
Aug 17, 2017
Sold by
Bergsman Michael T and Hale Olivia E
Bought by
Srock Susan K
Seller's Agent
Patricia Lotz
Real Estate One-Brighton
Buyer's Agent
Patricia Lotz
Real Estate One-Brighton
List Price
$175,000
Sold Price
$175,000
Total Days on Market
21
Current Estimated Value
$278,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,726
Avg. Annual Appreciation
7.41%
Original Mortgage
$700,000
Outstanding Balance
$598,830
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
-$293,358

Purchase Details

Listed on
Oct 9, 2014
Closed on
Dec 17, 2014
Sold by
Walkup Kenny and Walkup Michelle
Bought by
Bergsman Michael T and Hale Olivia E
Seller's Agent
Darlene Hamilton
Team Hamilton Real Estate
Buyer's Agent
Patricia Lotz
Real Estate One-Brighton
List Price
$149,900
Sold Price
$144,900
Premium/Discount to List
-$5,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$137,855
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2013
Closed on
Jan 10, 2014
Sold by
Wilson Scott C
Bought by
Walkup Kenny R and Walkup Michelle M
Seller's Agent
Janis Gurski
RE/MAX Home Sale Services
Buyer's Agent
Jay Felstow
World Class Equities LLC
List Price
$144,900
Sold Price
$137,500
Premium/Discount to List
-$7,400
-5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%

Purchase Details

Closed on
Feb 5, 2010
Sold by
Spada Thomas M and Spada Melinda J
Bought by
Wilson Scott C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,279
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 2004
Sold by
Seiler Harold M and Park William
Bought by
Spada Thomas M and Marciniak Melinda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2002
Sold by
Taulbee William C
Bought by
Seiler Harold M
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 Buyer Sale Price Title Company
Srock Susan K $175,000 None Available
Bergsman Michael T $144,900 None Available
Walkup Kenny R $137,500 None Available
Wilson Scott C $95,000 None Available
Spada Thomas M $169,000 American Title Co Livingston
Seiler Harold M $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srock Susan K $700,000
Previous Owner Bergsman Michael T $137,855
Previous Owner Wilson Scott C $92,000
Previous Owner Wilson Scott C $93,279
Previous Owner Spada Thomas M $22,500
Previous Owner Spada Thomas M $135,200
Closed Spada Thomas M $25,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2017 08/17/17 Sold $175,000 0.0% $113 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $175,000 +20.8% $113 / Sq Ft
12/17/2014 12/17/14 Sold $144,900 -3.3% $94 / Sq Ft
11/07/2014 11/07/14 Pending -- -- --
10/09/2014 10/09/14 For Sale $149,900 +9.0% $97 / Sq Ft
01/10/2014 01/10/14 Sold $137,500 -5.1% $89 / Sq Ft
12/10/2013 12/10/13 Pending -- -- --
11/07/2013 11/07/13 For Sale $144,900 -- $94 / 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 $3,655 $122,480 $0 $0
2023 $3,430 $114,130 $0 $0
2022 $3,316 $97,750 $0 $0
2021 $3,155 $94,430 $0 $0
2020 $3,057 $92,210 $0 $0
2019 $3,127 $86,240 $0 $0
2018 $3,047 $74,890 $0 $0
2017 $3,029 $74,240 $0 $0
2016 $3,002 $73,200 $0 $0
2015 -- $71,760 $0 $0
2014 -- $69,960 $0 $0
2011 -- $63,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217050608

Realcomp

APN: 21-20-302-009