NOT LISTED FOR SALE

518 N Reese St Unit 14 South Lyon, MI 48178

Estimated Value: $230,000 - $301,320

2 Beds
2.5 Baths
1,468 Sq Ft
$295/mo HOA Fee

Last Sold August 30, 2017

Last sale price $180,000 $123 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,182/month

29 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • 2 Car Direct Access Garage

About This Home

As of August 2017

Walk to Downtown! Walk out of your basement! Walk out of your end unit condo with 2 car attached garage! Bright and airy two story foyer. Great room features gas fireplace. Loads of privacy whether sitting on the intimate deck or enjoying the lower level patio backing to woods. You're not going to find one better than this.

Last Agent to Sell the Property

Erin Williams

KW Realty Livingston License #6501347924 Listed on: 05/18/2017

KW Realty Livingston

Last Buyer's Agent

Rebecca Lally

Coldwell Banker Town & Country License #6501312684

Coldwell Banker Town & Country

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1999

HOA Fees

  • $295 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,468 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2120302014

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,920

Year Built

Built in 1999

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 1
  • Year Built: 1999
  • Foundation Features: Sump Pump
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 9
  • Total Bedrooms: 2
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1468
  • Total Sq Ft: 1468
  • Sq Ft Total Bsmt: 636

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Grounds Maintenance
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener
  • 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: Community
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 295
  • Association Fee: Yes

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • Parcel Number: 2120302014

Tax Info

  • Tax Amount Summer: 2865.0000
  • Tax Amount Winter: 55.0000
  • Total Tax: 2920.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2017
Closed on
Aug 31, 2017
Sold by
Doll Elizabeth
Bought by
Muchler Michaelanne
Seller's Agent
Erin Williams
KW Realty Livingston
Buyer's Agent
Rebecca Lally
Coldwell Banker Town & Country
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%
Total Days on Market
29
Current Estimated Value
$277,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,830
Avg. Annual Appreciation
5.75%
Original Mortgage
$132,275
Outstanding Balance
$114,398
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$163,432

Purchase Details

Listed on
Oct 15, 2013
Closed on
Mar 10, 2014
Sold by
Blough Christopher A and Blough Keri K
Bought by
Doll Elizabeth
Seller's Agent
Terry Whitfield
National Realty Centers, Inc
Buyer's Agent
Jeff Glover
KW Professionals
List Price
$159,000
Sold Price
$148,000
Premium/Discount to List
-$11,000
-6.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$133,200
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2012
Sold by
Blough Christopher A and Blough Keri K
Bought by
Blough Christopher A and Blough Kari K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2005
Sold by
Beck Roy E
Bought by
Blough Christopher A and Konarska Keri M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,900
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 24, 1999
Sold by
Taulbee William C
Bought by
Beck Roy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,300
Interest Rate
7.17%
Source: Public Records

Similar Homes in South Lyon, MI

  • 9915 Cambridge Ct Unit 114, 1, South Lyon, MI 48178

    $259,000

    • 2 Beds
    • 2 Baths
    • 890 Sq Ft
    • 9915 Cambridge Ct
    • Unit 114, 1
    • South Lyon, MI

    Live the dream in this gorgeously updated home tucked in Centennial Farm situated on a picturesque chain of lakes. This completely remodeled beauty blends high-end finishes with relaxed lakeside charm-only a short walk to your very own private beach. Step inside to an open, sun filled layout featuring TWO main floor bedrooms, a third non-conforming bedroom in the basement, Main Floor Laundry,

    Mary Carano National Realty Centers, Inc

    Section Image
  • 11987 Shenandoah Dr Unit 3, South Lyon, MI 48178

    $310,000

    • 2 Beds
    • 2 Baths
    • 980 Sq Ft
    • 11987 Shenandoah Dr
    • Unit 3
    • South Lyon, MI

    Fully Renovated Gem with Walkout Basement & Lake Access in Centennial Farm.Get ready to fall in love with this stunning, move-in ready home that has been beautifully transformed from top to bottom. Located in a sought after 55+ community with private beach and lake access on a peaceful chain of lakes. This home offers the perfect blend of upscale living and natural beauty.Step inside to discover

    Mary Carano National Realty Centers, Inc

    Section Image
  • 520 N Reese St Unit 13, South Lyon, MI 48178

    $299,900

    • 3 Beds
    • 2.5 Baths
    • 1,540 Sq Ft
    • 520 N Reese St
    • Unit 13
    • South Lyon, MI

    Welcome to 520 North Reese Street! Located in downtown South Lyon where you're just a short walk to restaurants, shops, parks, and the Huron Valley Trail. The main level includes the primary bedroom & bath, a great room, kitchen, half bath, and laundry. No carpet on this floor, just hardwood and tile floors. Upstairs offers two additional bedrooms, a landing area and a full bathroom. The walkout

    Kenneth Neal Real Estate One-Brighton

    Section Image
  • 204 Maplewood Ct Unit 4, South Lyon, MI 48178

    $225,000

    • 2 Beds
    • 2 Baths
    • 1,067 Sq Ft
    • 204 Maplewood Ct
    • Unit 4
    • South Lyon, MI

    MULTIPLE OFFER RECEIVED.HIGHEST AND BEST DUE BY 8PM MONDAY FEBRUARY 19, 2024. THIS IS A STUNNING 2 BEDROOM / 2 BATH SPLIT BEDROOM CONDO WITH IN-UNIT LAUNDRY. THIS UNIT HAS BEEN GUTTED AND EXTENSIVELY RENOVATED FROM DRYWALL OUT. IT IS A GROUND LEVEL UNIT WITH NO STEPS INTO THE UNIT & OFFERS A 1 CAR ATTACHED GARAGE (SHARED) WITH THE SECURITY OF A DIRECT ACCESS INTO THE

    Michael Wickham Mayfair Real Estate Group

    Section Image
  • 61161 Greenwood Dr, South Lyon, MI 48178

    $215,000

    • 2 Beds
    • 2 Baths
    • 1,085 Sq Ft
    • 61161 Greenwood Dr
    • South Lyon, MI

    Welcome to this updated move-in ready 2-bedroom, 2-bath first-floor ranch condo in the sought after Southridge community in South Lyon! This unit offers a functional contiguous floor plan accented by a new door wall and screened porch. The kitchen features ample cabinetry, stainless steel appliances and opens to the dining/living area for easy one level living and entertaining. Recent updates

    Darlene Jackson Max Broock, REALTORS®-Birmingham

    Section Image
  • 11771 Shenandoah Dr, South Lyon, MI 48178

    $307,000

    • 2 Beds
    • 2 Baths
    • 1,880 Sq Ft
    • 11771 Shenandoah Dr
    • South Lyon, MI

    Location, location, location! This fully renovated ranch sits on a peaceful cul-de-sac in the highly desirable Phase II of the Centennial Farms 55+ community. Move-in ready and beautifully updated throughout, the home features new hardwood floors, carpet, fresh paint, and thoughtful renovations in every corner. Step into the bright, open-concept main floor where the stunning kitchen features

    Cliff Merritt KW Realty Living

    Section Image

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
Muchler Michaelanne $180,000 Cislo Title Co
Doll Elizabeth $148,000 Title One Inc
Blough Christopher A -- Title Direct Llc
Blough Christopher A $189,900 Pioneer Title Services
Beck Roy E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muchler Michaelanne $132,275
Previous Owner Doll Elizabeth $133,200
Previous Owner Blough Christopher A $139,000
Previous Owner Blough Christopher A $151,900
Previous Owner Beck Roy E $121,300
Closed Blough Christopher A $28,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2017 08/30/17 Sold $180,000 -10.0% $123 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $200,000 +35.1% $136 / Sq Ft
03/10/2014 03/10/14 Sold $148,000 -6.9% $101 / Sq Ft
02/04/2014 02/04/14 Pending -- -- --
10/15/2013 10/15/13 For Sale $159,000 -- $108 / 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 $4,951 $111,660 $0 $0
2023 $4,668 $104,190 $0 $0
2022 $4,492 $89,480 $0 $0
2021 $4,297 $86,520 $0 $0
2020 $4,187 $83,910 $0 $0
2019 $4,227 $78,680 $0 $0
2018 $2,849 $70,020 $0 $0
2017 $2,976 $72,580 $0 $0
2016 $2,950 $71,580 $0 $0
2015 -- $70,500 $0 $0
2014 -- $68,750 $0 $0
2011 -- $62,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 217040746

Realcomp

APN: 21-20-302-014