NOT LISTED FOR SALE

521 N Reese St Unit 11 South Lyon, MI 48178

Estimated Value: $237,000 - $310,516

3 Beds
2.5 Baths
1,432 Sq Ft
$330/mo HOA Fee

Last Sold May 12, 2023

Last sale price $281,000 $196 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,232/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Covered patio or porch
  • Wet Bar
  • Deck
  • 2 Car Direct Access Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2023

FANTASTIC SOUTH LYON CONDO IN THE HEART OF TOWN! THIS 3 BEDROOM, 2 1/2 BATHROOM CONDO HAS BEEN VERY TASTEFULLY UPDATED THOUGHOUT. NEW HARDWOOD FLOORS GREET YOU WHEN YOU STEP INSIDE THE FRONT DOOR TO THE SPACIOUS GREAT ROOM W/ FIREPLACE & LARGE WINDOW AND CARRY THROUGH INTO THE NOOK AND KITCHEN. THE KITCHEN HAS BEEN FULLY UPDATED WITH PAINTED CABINETS, GRANITE COUNTERTOPS, STAINLESS APPLIANCES AND GORGEOUS TILE BACKSPLASH. THE NOOK LEADS OUT TO YOUR PRIVATE DECK OVERLOOKING TREES. THE FIRST FLOOR ALSO FEATURES THE LAUNDRY ROOM W/ UTILITY TUB. UPSTAIRS YOU HAVE 3 SPACIOUS BEDROOMS, INCLUDING THE PRIMARY SUITE WHICH FEATURES A FULLY RENOVATED BATHROOM W/ LUXURY SHOWER & WALK-IN CLOSET. THE HOMEOWNER ALSO UPGRADED ALL OF THE SECOND FLOOR WINDOWS WITH ANDERSON WINDOWS. THE FINISHED WALKOUT LOWER LEVEL HAS BRAND NEW CARPETING, A WET BAR, TONS OF STORAGE AND PLUMBING FOR A FUTURE BATHROOM. THE 2 CAR ATTACHED GARAGE HAS A NEW INSULATED DOOR, IS FULLY DRYWALLED AND HAS AN EPOXY FLOOR FINISH. ROOF IS ONLY 5 YEARS OLD. THE ASSOCIATION TAKES CARE OF OUTSIDE MAINTENANCE, GROUNDS MAINTENANCE AND SNOW REMOVAL ALONG WITH A TON OF OTHER ITEMS - DECK STRUCTURE (HOMEOWNER MAINTENANCE), WINDOWS, GARAGE DOORS, SUMP PUMP REPLACEMENT (NOT THE DAMAGES FROM FAILURE). HOMEOWNER IS RESPONSIBLE FOR UPKEEP, BUT THE ASSOCIATION COVERS REPLACEMENT. SOUTH LYON SCHOOLS.

Last Agent to Sell the Property

Jennifer Hubenschmidt

Remerica Hometown One License #6501324035 Listed on: 04/13/2023

Last Buyer's Agent

Alexander Munro

Munro Real Estate & Developmnt License #6502405404

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1999

Lot Details

  • 1

HOA Fees

  • $330 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,432 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Gas Fireplace
  • Great Room with Fireplace

Kitchen

  • Free-Standing Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered patio or porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2120302011

Community Details

Overview

  • Melissa Association, Phone Number (800) 611-0950
  • Hickory Pointe Condo Occpn 1001 Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,001

Year Built

Built in 1999

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 1.60; Buyer to Assume Ongoing Drain Maintenance
  • Year Built: 1999
  • State Equalized Value: 90560.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access, Private
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Electric Oven, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 1842
  • Sq Ft Lower Floor: 410
  • Total Sq Ft: 1432
  • Sq Ft Total Bsmt: 618

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered, Deck, Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Structure, Maintenance Grounds
  • Association Fee Frequency: Monthly
  • Phone: 800-611-0950
  • Association Fee: 330
  • Association Contact: MELISSA
  • Association Fee: Yes

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • Parcel Number: 2120302011

Tax Info

  • Tax Amount Summer: 2866.0000
  • Tax Amount Winter: 135.0000
  • Total Tax: 3001.0000
  • Taxable Value: 74050.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2013
Sold by
Kearney Kyle and Keamey Ann
Bought by
Colosimo Roger P and Sturm Margaret A
Total Days on Market
2
Current Estimated Value
$286,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,952
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 2003
Sold by
Sawecki David
Bought by
Kearney Kyle

Purchase Details

Closed on
Nov 12, 1999
Sold by
Builde William C Taulbee
Bought by
Sawecki David
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
Colosimo Roger P $143,000 None Available
Kearney Kyle $173,000 --
Sawecki David $162,598 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Douglass Janet Susan $210,750
Closed Colosimo Roger P $113,000
Closed Colosimo Roger P $130,952
Previous Owner Kearney Kyle P $122,000
Previous Owner Kearney Kyle $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $281,000 +4.5% $196 / Sq Ft
04/15/2023 04/15/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $269,000 -- $188 / 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 $4,581 $113,070 $0 $0
2023 $3,104 $105,480 $0 $0
2022 $3,001 $90,560 $0 $0
2021 $2,855 $87,560 $0 $0
2020 $2,766 $85,070 $0 $0
2019 $2,830 $79,060 $0 $0
2018 $2,758 $68,720 $0 $0
2017 $2,770 $68,140 $0 $0
2016 $2,745 $67,220 $0 $0
2015 -- $66,200 $0 $0
2014 -- $64,580 $0 $0
2011 -- $58,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230026760

Realcomp

APN: 21-20-302-011