Sold
1045 PADDOCK Drive, South Lyon, MI 48178
Sold on 06/28/2023 for$405,000
MLS # 20230043266 (Realcomp)
3 beds3 baths3,585 sqftBuilt 20050 acres
1 / 43
Listing Description
Meticulously maintained, 3 bedroom, 2.5 bath first floor master in desirable Lexington Place condominiums. Open floor plan includes finished basement perfect for entertaining, recently painted throughout, new light fixtures and switches all through condo. Kitchen features newer appliances and quartz countertops. Attention to detail is evident throughout condo. Open loft overlooks spacious great room. Newly installed sump pump system. Minutes from South Lyon High School, Farmers Market, restaurants and shopping.
Source: SparkMLS
About this home
This 3-bedroom, 3-bath, 3,585 sq ft home built in 2005 sits in Lexington Place in South Lyon.
Closed at $405,000 (about $113/sq ft).
Annual property taxes run approximately $5,731 ($478/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms3
Bathrooms3
Living Area3,585 sqft
Year Built2005
Stories2
Location
CitySouth Lyon
MunicipalitySouth Lyon City
Zip Code48178
CountyOakland
School DistrictSouth Lyon
Construction & Systems
ConstructionBrick
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Finished
Sale & Financing
Listed5/31/2023
Sold Date6/27/2023
Terms AcceptedCash, Conventional, FHA, VA Loan
HOA
HOA Fee$330 / Monthly
IncludesLawn/Yard Care, Snow Removal
Source: SparkMLS
Tax Information
Annual Tax$5,731
Parcel #802117311060
Source: SparkMLS
Legal Description
T1N, R7E, SEC 17 OAKLAND COUNTY CONDOMINIUM PLAN NON 1743 LEXINGTON PLACE CONDOMINIUM UNIT 60, BLDG 21 L 35553 P 078 5-25-05 FR 301-067
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAPrice & Status History
Jun 28, 2023
Sale recorded
$405,000
Jun 1, 2023
Listed for sale
$375,000
Listed by Paul G Mruk
RE/MAX Classic
Frequently Asked Questions about 1045 PADDOCK Drive, South Lyon, MI 48178
What school district is 1045 PADDOCK Drive, South Lyon, MI 48178 in?
Per MLS# 20230043266, this property is served by South Lyon. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20230043266, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20230043266, the most recent reported annual property tax for 1045 PADDOCK Drive, South Lyon, MI 48178 is $5,731. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 1045 PADDOCK Drive, South Lyon, MI 48178 eligible for USDA financing?
Per USDA Rural Development boundary data, 1045 PADDOCK Drive, South Lyon, MI 48178 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 1045 PADDOCK Drive, South Lyon, MI 48178 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Mortgage Calculator
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Monthly payment$2,762
Principal & interest$2,432
HOA$330
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1045 PADDOCK Drive, South Lyon, MI 48178
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Neighborhood
Lexington Place
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Community
South Lyon
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County
Washtenaw County
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