$555,000
SOLD AUG 9, 2024

61161 Palomino Ct South Lyon, MI 48178

4 Beds
3.5 Baths
3,216 Sq Ft
0.39 Acres

Recently Sold

$173 Per Sq Ft

10% Below List Price

58 Days on Market

Highlights

  • Outdoor Pool
  • Colonial Architecture
  • Ground Level Unit
  • Kent Lake Elementary School Rated A-
  • Deck
  • Covered patio or porch

About This Home

As of August 2024

Prime location on a cul-de-sac, premium oversized lot backing to woods. Great curb appeal with upgraded elevation of stone & brick. Open floor plan with hardwood flooring. 9 ft ceilings on 1st floor with great office space, formal dining room, 1st floor laundry, large kitchen and family room. Spacious primary bedroom with tray ceiling. Jack & Jill bath offers access to 2 bedrooms and 4 bedroom has additional bath. Extra deep basement with garden windows and prepped for future bath. Subdivision offers community Pool and Clubhouse. Price reflects the need for deck replacement and flooring. This is a great opportunity to build some sweat Equity!!! Lyon Township taxes yet close to town to enjoy all South Lyon has to offer. Check out the Matterport tour!!

Last Agent to Sell the Property

Gayle Henderson

Real Estate One-Brighton License #6501262419 Listed on: 05/28/2024

Real Estate One-Brighton

Last Buyer's Agent

Christine Tiderington

Coldwell Banker Town & Country License #6506047815

Coldwell Banker Town & Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2006

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 68x168x135x136

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage

Home Design

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

Interior Spaces

  • 3,216 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace

Kitchen

  • Double Oven
  • Built-In Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Sump Pump
  • Natural lighting in basement

Outdoor Features

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

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2118226012

Community Details

Overview

  • Dennis Nagy Association
  • Saddle Creek Condo Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,987

Year Built

Built in 2006

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2006
  • State Equalized Value: 242770.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Unfinished
  • Kitchen Appliances: Built-In Electric Oven, Dishwasher, Disposal, Double Oven, Electric Cooktop, Free-Standing Refrigerator, Microwave
  • Sq Ft Combined: 3216
  • Total Sq Ft: 3216
  • Sq Ft Total Bsmt: 1685

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Stone
  • Exterior Features: Lighting, Pool – Community
  • Foundation Materials: Poured
  • Frontage Feet: 68
  • Porch Type: Porch - Covered, Deck, Porch, Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Side Entrance, Direct Access, Electricity, Attached
  • 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)

Condo/Co-op/Association

  • HOA Fee Includes: Trash
  • Association Fee Frequency: Quarterly
  • Phone: bridenmanagment@aol.com
  • Association Fee: 200
  • Association Contact: Dennis Nagy
  • Association Fee: Yes

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.39
  • Lot Dimensions: 68X168X135X136
  • Parcel Number: 2118226012

Tax Info

  • Tax Amount Summer: 4937.0000
  • Tax Amount Winter: 2050.0000
  • Total Tax: 6987.0000
  • Taxable Value: 228330.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2024
Closed on
Aug 9, 2024
Sold by
Weber Robert and Weber Lindsey
Bought by
Wilson Karen and Wilson Todd T
Seller's Agent
Gayle Henderson
Real Estate One-Brighton
Buyer's Agent
Christine Tiderington
Coldwell Banker Town & Country
List Price
$620,000
Sold Price
$555,000
Premium/Discount to List
-$65,000
-10.48%
Views
123
Current Estimated Value
$598,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,287
Avg. Annual Appreciation
6.23%

Purchase Details

Closed on
Apr 21, 2021
Sold by
Weber Robert
Bought by
Weber Robert and Weber Lindsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 18, 2015
Closed on
Oct 23, 2015
Sold by
Elwood Scott A and Elwood Laura G
Bought by
Weber Robert
Seller's Agent
Elaine Knuth
Century 21 Professionals Livonia
Buyer's Agent
Rose Tibbles
Keller Williams Advantage
List Price
$439,000
Sold Price
$432,000
Premium/Discount to List
-$7,000
-1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.20%
Original Mortgage
$345,600
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2008
Sold by
Fabian Bryan D and Fabian Donna V
Bought by
Elwood Scott A and Elwood Laura G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.55%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 14, 2007
Sold by
Babcock Homes Inc
Bought by
Fabian Bryan D and Fabian Donna V

Purchase Details

Closed on
Jul 15, 2006
Sold by
Lyon Development Associates Llc
Bought by
Babcock Development Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500,000
Interest Rate
6.73%
Mortgage Type
Construction
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 $555,000 Capital Title
Interfamily Deed Transfer -- Liberty Title
Warranty Deed $432,000 Title One Inc
Warranty Deed $365,000 Capital Title Ins Agency
Warranty Deed -- Title One Inc
Quit Claim Deed -- Title One Inc
Warranty Deed -- Title One Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $360,000 New Conventional
Previous Owner $345,600 New Conventional
Previous Owner $281,478 New Conventional
Previous Owner $292,816 New Conventional
Previous Owner $292,000 Unknown
Previous Owner $6,500,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $555,000 -7.5% $173 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
06/25/2024 06/25/24 Price Changed $599,900 -3.2% $187 / Sq Ft
06/12/2024 06/12/24 For Sale $620,000 0.0% $193 / Sq Ft
06/01/2024 06/01/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $620,000 +43.5% $193 / Sq Ft
10/23/2015 10/23/15 Sold $432,000 -1.6% $135 / Sq Ft
09/04/2015 09/04/15 Pending -- -- --
08/18/2015 08/18/15 For Sale $439,000 -- $137 / 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 $5,176 $284,610 $0 $0
2023 $4,937 $242,770 $0 $0
2022 $6,752 $240,440 $0 $0
2021 $6,169 $240,490 $0 $0
2020 $4,540 $236,470 $0 $0
2019 $6,169 $219,270 $0 $0
2018 $6,110 $198,980 $0 $0
2017 $6,220 $196,800 $0 $0
2016 $6,244 $193,620 $0 $0
2015 -- $185,910 $0 $0
2014 -- $163,250 $0 $0
2011 -- $140,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240034574

Realcomp

APN: 21-18-226-012