NOT LISTED FOR SALE

548 Willow Dr South Lyon, MI 48178

Estimated Value: $315,000 - $370,000

2 Beds
2 Baths
1,585 Sq Ft
$220/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $250,000 $158 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,520/month

53 Days on Market

Highlights

  • Deck
  • Ground Level Unit
  • Porch
  • Ranch Style House
  • 2 Car Direct Access Garage
  • Forced Air Heating and Cooling System

About This Home

As of October 2020

Beautiful, bright, meticulously maintained condo in desirable Lafayette Woods. This detached condo has a 2 car garage, 2 bedrooms and 2 full baths as well as a full basement. The open floor plan includes a Dining Area to Great Room with large windows and lovely gas fireplace. Master bedroom at one end and second bedroom at the other. Freshly painted with brand new granite and under mount stainless sink in large kitchen with newer stainless appliances and sky lights. Master Bedroom and Bath newly painted with separate dressing area, walk in closet and brand new tiled stall shower as well as deep garden tub. Newer carpeting, skylights and blinds. Large deck facing the woods for your backyard enjoyment. Walking distance to beautiful downtown South Lyon. Easy access to the Rail Trail. Association dues include lawn care, maintenance of common areas and snow removal. Move in ready!
PLEASE FOLLOW ALL COVID GUIDELINES REGARDING SOCIAL DISTANCING AND WEARING MASKS.

Last Agent to Sell the Property

Nancy Kapatos

Coldwell Banker Professionals License #6501299291 Listed on: 07/25/2020

Coldwell Banker Professionals

Last Buyer's Agent

Lisa Prochazka

Real Estate One-Brighton License #6501353249

Real Estate One-Brighton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1999

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,585 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Unfinished Basement

Kitchen

  • Built-In Electric Oven
  • Built-In Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Location

  • Ground Level Unit

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 2120301048
  • $1,500 Seller Concession

Community Details

Overview

  • Select Community Association, Phone Number (734) 663-1900
  • Lafayette Woods Occpn 1088 Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,439

Year Built

Built in 1999

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Free Standing/Detached, Ranch
  • Architecture Level: 1 Story
  • Assessment: 4.72
  • Year Built: 1999
  • State Equalized Value: 109690.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Built-In Electric Oven, Built-In Electric Range, Washer
  • Sq Ft Combined: 1585
  • Total Sq Ft: 1585
  • Sq Ft Total Bsmt: 1585

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Grounds Maintenance, Lighting
  • Foundation Materials: Poured
  • Porch Type: Deck, Porch
  • 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: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Sewer, Snow Removal
  • Association Fee Frequency: Monthly
  • Phone: 734-663-1900
  • Association Fee: 250
  • Association Contact: Select Community
  • Association Fee: Yes

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • Parcel Number: 2120301048

Tax Info

  • Tax Amount Summer: 4354.0000
  • Tax Amount Winter: 85.0000
  • Total Tax: 4439.0000
  • Taxable Value: 108830.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2020
Closed on
Dec 14, 2020
Sold by
Karen Lamoria
Bought by
Peppel Lisa M
Seller's Agent
Nancy Kapatos
Coldwell Banker Professionals
Buyer's Agent
Lisa Prochazka
Real Estate One-Brighton
List Price
$270,000
Sold Price
$250,000
Premium/Discount to List
-$20,000
-7.41%
Current Estimated Value
$348,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,312
Avg. Annual Appreciation
6.87%

Purchase Details

Listed on
Jul 25, 2020
Closed on
Oct 16, 2020
Sold by
Krause Katelyn J and Rivers Charles E
Bought by
Lamoria Karen
Seller's Agent
Nancy Kapatos
Coldwell Banker Professionals
Buyer's Agent
Lisa Prochazka
Real Estate One-Brighton
List Price
$270,000
Sold Price
$250,000
Premium/Discount to List
-$20,000
-7.41%

Purchase Details

Listed on
May 28, 2019
Closed on
Nov 1, 2019
Sold by
King James M and King Shirley R
Bought by
River Charles E and Krause Katelyn J
Seller's Agent
Deborah Yatooma
RE/MAX Classic
Buyer's Agent
Gregory Paffel
National Realty Centers, Inc
List Price
$269,900
Sold Price
$240,000
Premium/Discount to List
-$29,900
-11.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%

Purchase Details

Closed on
Jan 15, 2019
Sold by
King James and King James M
Bought by
King James M and King Shirley R

Purchase Details

Listed on
Oct 12, 2015
Closed on
May 6, 2016
Sold by
Schols Wilkie Arlene and Fierek Catherine
Bought by
King James
Seller's Agent
Natalie Goodwin-VanOyen
RE/MAX Classic
Buyer's Agent
Natalie Goodwin-VanOyen
RE/MAX Classic
List Price
$220,000
Sold Price
$208,000
Premium/Discount to List
-$12,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$166,400
Interest Rate
3.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Peppel Lisa M -- Michigan Land Title
Lamoria Karen $250,000 Cislo Title Company
River Charles E $240,000 Title One Inc
King James M -- None Available
King James $208,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King James $166,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2020 10/16/20 Sold $250,000 -3.8% $158 / Sq Ft
09/17/2020 09/17/20 Pending -- -- --
08/31/2020 08/31/20 Price Changed $259,900 -1.9% $164 / Sq Ft
08/10/2020 08/10/20 Price Changed $264,900 -1.9% $167 / Sq Ft
08/09/2020 08/09/20 For Sale $270,000 0.0% $170 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
07/25/2020 07/25/20 For Sale $270,000 +12.5% $170 / Sq Ft
11/01/2019 11/01/19 Sold $240,000 -2.0% $151 / Sq Ft View Prior Sale
10/02/2019 10/02/19 Pending -- -- --
09/29/2019 09/29/19 Price Changed $244,900 -2.0% $155 / Sq Ft
09/11/2019 09/11/19 Price Changed $249,900 -2.0% $158 / Sq Ft
08/24/2019 08/24/19 Price Changed $254,900 0.0% $161 / Sq Ft
07/08/2019 07/08/19 Price Changed $255,000 -1.8% $161 / Sq Ft
07/08/2019 07/08/19 Price Changed $259,800 0.0% $164 / Sq Ft
06/26/2019 06/26/19 Price Changed $259,900 -1.7% $164 / Sq Ft
06/11/2019 06/11/19 Price Changed $264,500 -2.0% $167 / Sq Ft
05/28/2019 05/28/19 For Sale $269,900 +29.8% $170 / Sq Ft
05/06/2016 05/06/16 Sold $208,000 -5.5% $130 / Sq Ft View Prior Sale
04/05/2016 04/05/16 Pending -- -- --
10/12/2015 10/12/15 For Sale $220,000 -- $138 / 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 $5,070 $145,000 $0 $0
2023 $4,747 $128,170 $0 $0
2022 $4,590 $113,240 $0 $0
2021 $4,506 $113,150 $0 $0
2020 $4,503 $115,090 $0 $0
2019 $4,439 $109,690 $0 $0
2018 $4,326 $106,280 $0 $0
2017 $4,418 $105,880 $0 $0
2016 $2,965 $101,950 $0 $0
2015 -- $88,030 $0 $0
2014 -- $70,450 $0 $0
2011 -- $68,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200057250

Realcomp

APN: 21-20-301-048