NOT LISTED FOR SALE

61131 Palomino Ct South Lyon, MI 48178

Estimated Value: $708,000 - $770,000

4 Beds
6 Baths
2,853 Sq Ft
$259/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $483,000 $169 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,455/month

28 Days on Market

Highlights

  • Outdoor Pool
  • Colonial Architecture
  • Covered Patio or Porch
  • Kent Lake Elementary School Rated A-
  • Jetted Tub in Primary Bathroom
  • 3 Car Direct Access Garage

About This Home

As of May 2017

10!!! TOTAL 4175 SQ/FT OF LIVING AREA WITH FINISHED WALKOUT. FABULOUS CUSTOM BUILT HOME W/PANORAMIC SCENIC VIEWS OF WOODS. OUTSTANDING UPGRADES & STATE OF ART AMENITIES:OPEN FLOOR PLAN,DRAMATIC 2 STORY FOYER, 9" CEILINGS 1ST FLR. GOURMET KITCHEN 42" CABINETS W/UNDER CAB LIGHTING, ISLAND, GRANITE COUNTERS, BACKSPLASH, WOOD FLOOR, BREAKFAST ROOM OPEN TO GREAT ROOM W/FIREPLACE. LIBRARY W/FRENCH DOORS SPACIOUS MASTER BDRM W/TRAY CEILING, LUXURIOUS MSTR BATH: 2 SINKS GRANITE CNTR, JET TUB, SEP SHOWER, COMMODE RM. GUEST BDRM W/PRIVATE BATH, 2 BDRMS W/JACK & JILL BATH. LARGE 2ND FLOOR LAUNDRY W/CABS & SINK. AWESOME 9"10"DEEP PROF. FIN. LOWER LEVEL WALKOUT W/FAMILY RM, GAS FRPLC, KITCHEN/BAR, MAJOR APPLIANCES, 5TH BDRM, FULL BATH & MEN'S LAV. PROF. LANDSCAPE W/EXTENSIVE BRICK PAVER & STONE WALKWAYS LEADING TO LOWER LEVEL PATIO & UPPER LEVEL TREX DECK. ADDL FEATURES: EXTENSIVE CROWN MOLDING & TRIM, ALL BATHS W/QUALITY FIXTURES, HARDWARE & CERAMIC TILE FLRS, HI EFF. FURN 2016. COMMUNITY POOL.

Last Agent to Sell the Property

Elaine Knuth

Century 21 Professionals Livonia License #6501294791 Listed on: 03/01/2017

Century 21 Professionals Livonia

Last Buyer's Agent

Bobbie Miller

RE/MAX Classic License #6502126076

RE/MAX Classic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2006

Lot Details

  • 0.29 Acre Lot

HOA Fees

  • $63 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 2,853 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Sound System
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Fireplace in Basement

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2118226015

Community Details

Overview

  • Kramer Triad Association, Phone Number (734) 973-5500
  • Saddle Creek Condo Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,417

Year Built

Built in 2006

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2006
  • Foundation Features: Sump Pump
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Jetted Tub, Sound System, Water Softener (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement, Great Room
  • Room Count: 21
  • Total Bedrooms: 4
  • Total Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 4202
  • Sq Ft Lower Floor: 1349
  • Total Sq Ft: 2853
  • Sq Ft Total Bsmt: 1489

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Stone
  • Exclusions: Yes
  • Exterior Features: Pool – Community
  • Foundation Materials: Poured
  • Porch Type: Porch, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity, Side Entrance
  • 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: No

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Phone: 734 973 5500
  • Association Fee: 188
  • Association Contact: KRAMER-TRIAD
  • Association Fee: Yes

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1717241.3793
  • Lot Size Area: 0.29
  • Lot Dimensions: IRREGULAR
  • Parcel Number: 2118226015

Tax Info

  • Tax Amount Summer: 4117.0000
  • Tax Amount Winter: 1300.0000
  • Total Tax: 5417.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2017
Closed on
May 1, 2017
Sold by
Burns Daniel A and Burns Diane C
Bought by
Watkins Brian J and Watkins Leslie Y
Seller's Agent
Elaine Knuth
Century 21 Professionals Livonia
Buyer's Agent
Bobbie Miller
RE/MAX Classic
List Price
$498,000
Sold Price
$483,000
Premium/Discount to List
-$15,000
-3.01%
Current Estimated Value
$738,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,471
Avg. Annual Appreciation
5.16%
Original Mortgage
$386,400
Outstanding Balance
$322,478
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$415,993

Purchase Details

Closed on
May 9, 2013
Sold by
Burns Daniel A and Burns Diane C
Bought by
Burns Daniel A and Burns Diane C

Purchase Details

Closed on
May 18, 2006
Sold by
Babcock Development Co
Bought by
Burns Daniel A and Burns Diane C

Purchase Details

Closed on
Jan 4, 2006
Sold by
Lyon Development Associates Llc
Bought by
Babcock Development Company
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
Watkins Brian J $483,000 Title One Inc
Burns Daniel A -- None Available
Burns Daniel A -- Title One Inc
Babcock Development Company -- Title One Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watkins Brian J $386,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2017 05/01/17 Sold $483,000 -3.0% $169 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $498,000 -- $175 / 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 $5,543 $293,000 $0 $0
2023 $5,286 $250,270 $0 $0
2022 $7,230 $247,530 $0 $0
2021 $6,605 $247,390 $0 $0
2020 $4,861 $242,630 $0 $0
2019 $6,605 $225,260 $0 $0
2018 $6,542 $213,050 $0 $0
2017 $5,362 $210,800 $0 $0
2016 $5,383 $209,890 $0 $0
2015 -- $201,690 $0 $0
2014 -- $177,550 $0 $0
2011 -- $153,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217015814

Realcomp

APN: 21-18-226-015