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Sold for $270,000
  • $270,000

    501 N Reese St #1, South Lyon, MI 48178

    3beds
    1,500sqft
    Condominium
    Built in 1999
    -- sqft lot
    $277,200 Zestimate®
    $180/sqft
    $2,251 Estimated rent

    Home value

    $277,200

    $261,000 - $294,000

    $2,251/mo

    Zestimate® history
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    What's special

    Cozy fireplaceGreat roomSoaring ceilingsFirst-floor primary suiteAdditional bedroomsPrivate back deck
    Welcome to this beautiful end-unit condo located just steps from vibrant downtown! Enjoy walking distance to restaurants, bars, and shopping while coming home to a peaceful retreat. This spacious 3-bedroom, 2.5-bath home features a desirable first-floor primary suite for added convenience. Soaring ceilings and a cozy fireplace enhance the great room, creating a warm and inviting atmosphere. Upstairs offers additional bedrooms and a full bath, perfect for guests or a home office. Relax or entertain on the private back deck. Don't miss your chance to own this prime corner unit in a sought-after location!

    Zillow last checked:

    Listing updated:

    Listed by:

    David Godin 586-416-0600,

    LPT Realty

    Bought with:

    Jennifer Richman, 6501443752

    Keller Williams Professionals

    Source: MiRealSource,MLS#: 50179066MLS LogoOriginating MLS: MiRealSource

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Bedroom 1
    • Level: First
    • Area: 169
    • Dimensions: 13 x 13
    Bedroom 2
    • Level: Second
    • Area: 117
    • Dimensions: 9 x 13
    Bedroom 3
    • Level: Second
    • Area: 221
    • Dimensions: 13 x 17
    Bathroom 1
    • Level: First
    • Area: 40
    • Dimensions: 8 x 5
    Bathroom 2
    • Level: Second
    • Area: 40
    • Dimensions: 8 x 5
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
    Features
    • Basement: Unfinished
    • Number of fireplaces: 1
    • Fireplace features: Gas
    Interior area
    • Total structure area: 2,380
    • Total interior livable area: 1,500 sqft
    • Finished area above ground: 1,500
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Direct Access
    • Attached garage spaces: 2
    Features
    • Levels: One and One Half
    • Stories: 1.5
    • Patio & porch: Deck
    Details
    • Parcel number: 2120302001
    • Special conditions: Private

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    Materials
    • Brick, Vinyl Siding
    • Foundation: Basement
    Condition
    • Year built: 1999

    Utilities & green energy

    • Sewer: Public At Street
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Hickory Pointe Condo Occpn 1001
    HOA
    • Has HOA: Yes
    • HOA fee: $320 monthly
    • HOA phone: 248-769-7370
    Location
    • Region: South Lyon

    Financial & listing details

    • Price per square foot: $180/sqft
    • Tax assessed value: $239,700
    • Annual tax amount: $5,112
    • Date on market: 6/20/2025
    • Cumulative days on market: 108 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    10/27/2025Sold$270,000-1.8%$180/sqft
    Source: MiRealSource #50179066 Report a problem
    10/8/2025Pending sale$274,900$183/sqft
    Source: MiRealSource #50179066 Report a problem
    8/29/2025Price change$274,9000%$183/sqft
    Source: MiRealSource #50179066 Report a problem
    7/25/2025Price change$275,000-8.3%$183/sqft
    Source: MiRealSource #50179066 Report a problem
    7/2/2025Price change$299,9000%$200/sqft
    Source: MiRealSource #50179066 Report a problem
    6/20/2025Listed for sale$300,000+9.1%$200/sqft
    Source: MiRealSource #50179066 Report a problem
    12/6/2023Sold$275,000$183/sqft
    Source: Realcomp II #20230071744 Report a problem
    10/24/2023Pending sale$275,000$183/sqft
    Source: Realcomp II #20230071744 Report a problem
    10/18/2023Price change$275,000-3.5%$183/sqft
    Source: Realcomp II #20230071744 Report a problem
    9/29/2023Listed for sale$285,000+166.4%$190/sqft
    Source: Realcomp II #20230071744 Report a problem
    12/8/2011Sold$107,000-38.2%$71/sqft
    Source: Public Record Report a problem
    6/11/2002Sold$173,000+20.4%$115/sqft
    Source: Public Record Report a problem
    4/19/1999Sold$143,650$96/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,267 +8.2%$119,850 +7.3%
    2023$3,020 +5.1%$111,730 +16.7%
    2022$2,872 +0.9%$95,750 +3.5%
    2021$2,846 $92,540 +2.6%
    2020-- $90,230 +6.9%
    2019$2,845 +2.1%$84,390 +13.4%
    2018$2,787 +0.9%$74,450 +0.9%
    2017$2,762 $73,810 +1.4%
    2016$2,762 $72,790 +1.5%
    2015-- $71,690 +2.5%
    2014-- $69,910 +10%
    2011-- $63,570 -3.2%
    2010$2,737 -6.7%$65,660 -11.6%
    2009$2,933 -9.7%$74,250 -59.1%
    2005$3,248 $181,750 +104.8%
    2003-- $88,740 +3.6%
    2002-- $85,630 +4.7%
    2001$3,165 +6.9%$81,754 +3.2%
    2000$2,962 $79,224
    Find assessor info on the county website

    Neighborhood: 48178

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: South Lyon Community Schools

    Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $277,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $277,200