NOT LISTED FOR SALE

8508 Falling Water Dr Unit 3 South Lyon, MI 48178

Estimated Value: $743,241 - $841,000

2 Beds
3.5 Baths
2,251 Sq Ft
$230/mo HOA Fee

Last Sold November 16, 2015

Last sale price $460,000 $204 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,996/month

36 Days on Market

Highlights

  • Dock Facilities
  • Lake Privileges
  • Deck
  • Hawkins Elementary School Rated A
  • Colonial Architecture
  • Jetted Tub in Primary Bathroom

About This Home

As of November 2015

Absolutely gorgeous former builder’s model Hidden Lake condo. Inviting light, neutral décor welcomes you in. Beautiful kitchen with maple pillow style cabinets, Boos kitchen island, light granite countertops and stainless steel appliances. 1st floor laundry. Wood floors in kitchen, foyer and dining room. Expansive windows overlook the Falls. Sonos sound system throughout. Master bedroom has walk-in closet and attached luxury bath with dbl sinks, huge shower & jetted tub. 2nd bedroom has private attached bath and double closets. Silhouette style blinds throughout this lovely home. Finished walkout basement sports wet bar, wine refrigerator, ice maker & dishwasher. Full basement bath. Private patio overlooks the water. Nothing to do except move in and enjoy! Won’t last! Call today for your personal tour. Special assessments to be assumed by buyer in winter taxes. Main association dues are $1600 in addition to Falls monthly fees.

Last Agent to Sell the Property

Darlene Hamilton

Team Hamilton Real Estate License #6501311297 Listed on: 07/27/2015

Last Buyer's Agent

Carol Griffith

Griffith Realty License #6502120157

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2009

Lot Details

  • Property fronts a private road
  • Private Entrance
  • Gated Home

HOA Fees

  • $230 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,251 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Dock Facilities
  • Boat Facilities
  • Lake Privileges
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1616413003

Community Details

Overview

  • Kramar Triad Association
  • Falls Ii Of Hidden Lake Subdivision
  • On-Site Maintenance

Recreation

  • Water Sports

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,611

Year Built

Built in 2009

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: yes in winter taxes
  • Year Built: 2009
  • Foundation Features: Sump Pump
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Jetted Tub, Security Alarm (owned), Water Softener (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 12
  • Total Bedrooms: 2
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 3251
  • Sq Ft Lower Floor: 1000
  • Total Sq Ft: 2251
  • Sq Ft Total Bsmt: 1166

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Hidden Lake
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Gate House, Grounds Maintenance, Lighting, Private Entry
  • Foundation Materials: Poured
  • Porch Type: Deck, Patio, Porch
  • Road Frontage Type: Paved, Private
  • Waterfront Description: Lake/River Priv

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Community
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 230
  • Association Contact: Kramar Triad
  • Association Fee: No

Schools

  • School District: Brighton

Lot Info

  • Parcel Number: 1616413003

Tax Info

  • Tax Amount Summer: 4835.0000
  • Tax Amount Winter: 4776.0000
  • Total Tax: 9611.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, Dock Facilities

MLS Schools

  • School District: Brighton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2024
Sold by
Richard Kelly Douglas and Kim Elyssa
Bought by
Kelly Douglas R and Kelly Elyssa K
Total Days on Market
36
Current Estimated Value
$796,310

Purchase Details

Closed on
Sep 6, 2018
Sold by
Wozniak Gregory A and Wozniak Barbara A
Bought by
Kelly Douglas Richard and Kelly Elyssa Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2018
Sold by
Wozniak Gregory A and Wozniak Barbara A
Bought by
Kelly Douglas Richard and Kelly Elyssa Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2015
Closed on
Nov 13, 2015
Sold by
Lamarra Patsy G
Bought by
Wozniak Gregory and Wozniak Barbara A
Seller's Agent
Darlene Hamilton
Team Hamilton Real Estate
Buyer's Agent
Carol Griffith
Griffith Realty
List Price
$467,000
Sold Price
$460,000
Premium/Discount to List
-$7,000
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%

Purchase Details

Closed on
Jun 4, 2010
Sold by
Summit Condo Development Llc
Bought by
Patsy G Lamarra Revocable Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kelly Douglas R -- None Listed On Document
Kelly Douglas Richard $500,000 New Title Company Name
Kelly Douglas Richard $500,000 New Title Company Name
Wozniak Gregory $460,000 None Available
Patsy G Lamarra Revocable Living Trust $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelly Douglas Richard $400,000
Previous Owner Kelly Douglas $306,000
Previous Owner Kelly Douglas Richard $320,000
Previous Owner Kelly Douglas Richard $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2015 11/16/15 Sold $460,000 -1.5% $204 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
07/27/2015 07/27/15 For Sale $467,000 -- $207 / 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 $3,556 $354,600 $0 $0
2023 $3,398 $312,200 $0 $0
2022 $6,936 $241,900 $0 $0
2021 $6,936 $257,400 $0 $0
2020 $7,227 $256,600 $0 $0
2019 $8,663 $241,900 $0 $0
2018 $8,313 $237,800 $0 $0
2017 $8,274 $226,700 $0 $0
2016 $8,314 $218,400 $0 $0
2014 $6,555 $179,600 $0 $0
2012 $6,555 $156,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 215078618

Realcomp

APN: 16-16-413-003