$180,000
SOLD AUG 30, 2017

518 N Reese St Unit 14 South Lyon, MI 48178

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

Recently Sold

$123 Per Sq Ft

10% Below List Price

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%
Current Estimated Value
$292,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,353
Avg. Annual Appreciation
6.17%
Original Mortgage
$132,275
Outstanding Balance
$114,398
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$174,963

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

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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 $180,000 Cislo Title Co
Warranty Deed $148,000 Title One Inc
Interfamily Deed Transfer -- Title Direct Llc
Warranty Deed $189,900 Pioneer Title Services
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $132,275 FHA
Previous Owner $133,200 New Conventional
Previous Owner $139,000 New Conventional
Previous Owner $151,900 Fannie Mae Freddie Mac
Previous Owner $121,300 No Value Available
Closed $28,450 No Value Available
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

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Map

Source: Realcomp

MLS Number: 217040746

Realcomp

APN: 21-20-302-014