Sold
1051 PADDOCK Lane, South Lyon, MI 48178
Sold on 05/13/2025 for$375,000
MLS # 20250026131 (Realcomp)
2 beds2 baths1,647 sqftBuilt 20140 acres
1 / 32
Listing Description
Don't miss this beautifully maintained detached condo in the sought-after Lexington Place community of South Lyon. Enjoy super low HOA dues that cover snow removal and maintenance of grounds (with grass cutting and weeding!!). Built in 2014, this 2-bedroom, 2-bathroom home features fresh carpet and paint updated in 2025. The open-concept layout includes a spacious kitchen with granite countertops and lots of cabinet space along with beautiful hardwood floors. The kitchen flows seamlessly into the main living area and out to a low-maintenance Trex deck. The front den provides the option to convert back into a third bedroom if desired with an opening for a closet. The spacious unfinished basement with an egress window offers potential for additional living/bedroom space or storage. A Generac generator, installed in 2021, ensures reliable backup power. Additional features and updates include an attached 2-car garage, hot water tank (2024), garbage disposal (2022), sump pump (2022) . Don’t miss the opportunity to own this exceptional home—schedule your showing today!!
Source: SparkMLS
About this home
2-bedroom, 2-bath, 1,647 sq ft home in Lexington Place in South Lyon built in 2014.
This home sold for $375,000 (about $228/sq ft).
Annual property taxes run approximately $6,392 ($533/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. Broadband is available with download speeds up to 1,200 Mbps from 9 providers.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms2
Living Area1,647 sqft
Year Built2014
Stories1
Location
CitySouth Lyon
MunicipalitySouth Lyon City
Zip Code48178
CountyOakland
School DistrictSouth Lyon Community Schools
Construction & Systems
ConstructionBrick, Vinyl Siding
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorGenerator
Sale & Financing
Listed4/16/2025
Sold Date5/12/2025
Terms AcceptedCash, Conventional
HOA
HOA Fee$350 / Monthly
IncludesLawn/Yard Care, Snow Removal
Source: SparkMLS
Tax Information
Annual Tax$6,392
State Equalized Value$194,580
Taxable Value$155,960
Parcel #2117311098
Source: Public Records
Legal Description
T1N, R7E, SEC 17 OAKLAND COUNTY CONDOMINIUM PLAN NO 1743 LEXINGTON PLACE CONDOMINIUM UNIT 98 L 35553 P 078 6-8-12 FR 312-001
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by DeAnna McGowan
Good Company
Frequently Asked Questions about 1051 PADDOCK Lane, South Lyon, MI 48178
Which school district serves 1051 PADDOCK Lane, South Lyon, MI 48178?
Per MLS# 20250026131, 1051 PADDOCK Lane, South Lyon, MI 48178 is in the South Lyon Community Schools boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact South Lyon Community Schools directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20250026131, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 1051 PADDOCK Lane, South Lyon, MI 48178?
Per public tax records, annual property taxes for this property are $6,392. 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 1051 PADDOCK Lane, 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.
Is 1051 PADDOCK Lane, South Lyon, MI 48178 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 1051 PADDOCK Lane, South Lyon, MI 48178. The maximum advertised download speed is 1.2 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 1051 PADDOCK Lane, South Lyon, MI 48178?
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.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Oakland County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Mortgage Calculator
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Monthly payment$2,912
Principal & interest$2,562
HOA$350
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1.2 Gbps
Upload
50 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
9 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1051 PADDOCK Lane, 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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