NOT LISTED FOR SALE

61070 Preakness Blvd Unit 2 South Lyon, MI 48178

Estimated Value: $622,000 - $733,000

4 Beds
4.5 Baths
2,859 Sq Ft
$231/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $559,000 $196 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,760/month

28 Days on Market

Highlights

  • Outdoor Pool
  • Colonial Architecture
  • Covered patio or porch
  • Kent Lake Elementary School Rated A-
  • Deck
  • Double Oven

About This Home

As of July 2022

Gorgeous colonial in prestigious Saddle Creek Subdivision. This former model home features dramatic 2 story foyer, extensive wainscotting, crown molding, 9' ceilings on entry level. Hardwood in office, kitchen and hallway. New 2021 Pella sliding door-wall in kitchen. Kitchen-Aid refrigerator and cooktop installed 2012. Granite countertops and backsplash in kitchen. French doors with transom in office. Primary suite has tray ceiling and ensuite bathroom w/ jacuzzi brand jetted tub, double sink and huge walk-in closet. Jack and Jill bathroom between 2nd and 3rd bedrooms, 4th bedroom has ensuite bathroom. Upstairs laundry with sink and upper cabinets. Oversized garage with its own furnace and A/C! Fully finished walk-out basement with full bathroom. New 2021 Lenox High Efficiency furnace and TWO 50-gallon High Efficiency hot water tanks! New 2020 back up sump pump replaced. Community features pool, playscape and walk paths.

Last Agent to Sell the Property

Lynn Salloum

Cook & Associates License #6501390221 Listed on: 06/02/2022

Last Buyer's Agent

Paul Banks

EXP Realty Main License #6501047950

EXP Realty Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2005

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 90x134
  • Sprinkler System

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Passive Radon Mitigation

Interior Spaces

  • 2,859 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Great Room with Fireplace

Kitchen

  • Double Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 3 Car Direct Access Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Deck
  • Covered patio or porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2118226002

Community Details

Overview

  • Briden Management / Www.Bridenmgt.Com Association, Phone Number (248) 921-3909
  • Saddle Creek Condo Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,306

Year Built

Built in 2005

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 1.05
  • Year Built: 2005
  • State Equalized Value: 247390.0000
  • Foundation Features: Passive Radon Mitigation, Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Humidifier, Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 16
  • Total Bedrooms: 4
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Double Oven, Electric Cooktop, Microwave
  • Sq Ft Combined: 3859
  • Sq Ft Lower Floor: 1000
  • Total Sq Ft: 2859
  • Sq Ft Total Bsmt: 1504

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Exterior Features: Lighting, Pool – Community
  • Foundation Materials: Poured
  • Frontage Feet: 90
  • Porch Type: Porch - Covered, Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Heated, 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)

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee Frequency: Quarterly
  • Phone: 2489213909/bridenmanagement@aol.com
  • Association Fee: 225
  • Association Contact: Briden Management / www.bridenmgt.com
  • Association Fee: Yes

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s)
  • Lot Size Area: 0.29
  • Lot Dimensions: 90x134
  • Parcel Number: 2118226002

Tax Info

  • Tax Amount Summer: 3933.0000
  • Tax Amount Winter: 1373.0000
  • Total Tax: 5306.0000
  • Taxable Value: 181080.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jul 22, 2022
Sold by
Maxwell Arlon H
Bought by
Maxwell Arlon H and Maxwell Patricia L
Seller's Agent
Lynn Salloum
Cook & Associates
Buyer's Agent
Paul Banks
EXP Realty Main
List Price
$579,000
Sold Price
$559,000
Premium/Discount to List
-$20,000
-3.45%
Total Days on Market
28
Current Estimated Value
$659,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,540
Avg. Annual Appreciation
5.85%
Original Mortgage
$559,000
Interest Rate
5.81%
Mortgage Type
VA

Purchase Details

Closed on
Nov 12, 2010
Sold by
Kelly Daniel and Kelly Annette M
Bought by
Chisholm Colin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,600
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2005
Sold by
Lyon Development Associates Llc
Bought by
Multi Building Co Inc
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
Maxwell Arlon H -- --
Maxwell Anon H $559,000 Title Solutions
Chisholm Colin $322,000 Eit Title
Multi Building Co Inc -- Title One Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maxwell Arlon H $635,000
Closed Maxwell Arlon H $559,000
Previous Owner Chisholm Colin A $240,700
Previous Owner Chisholm Colin A $257,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $559,000 0.0% $196 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/10/2022 06/10/22 Price Changed $559,000 -3.5% $196 / Sq Ft
06/02/2022 06/02/22 For Sale $579,000 -- $203 / 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 $1 $292,890 $0 $0
2023 $5,808 $0 $0 $0
2022 $5,808 $247,370 $0 $0
2021 $5,306 $247,390 $0 $0
2020 $3,905 $242,660 $0 $0
2019 $5,306 $225,160 $0 $0
2018 $5,256 $212,640 $0 $0
2017 $5,338 $210,350 $0 $0
2016 $5,358 $209,470 $0 $0
2015 -- $201,230 $0 $0
2014 -- $176,960 $0 $0
2011 -- $152,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220041095

Realcomp

APN: 21-18-226-002