Sold
1078 PADDOCK Drive, South Lyon, MI 48178
Sold on 12/15/2023 for$410,000
MLS # 20230092388 (Realcomp)
4 beds3 baths2,347 sqftBuilt 20130 acres
1 / 18
Listing Description
This Detached Condo has it all ! Open floor plan features covered entry porch, with 21x8 welcoming hardwood foyer, bright vaulted great room, formal dining area, kitchen with granite counters, backsplash, under cabinet lighting, and pantry, 4 bedrooms (one being used as office), large master with tray ceiling, double sinks in bath plus two closets. Lots of possibilities for this beautiful lower level remodeled in 2016 - includes 21x13 family room, 14x11 kitchen (2nd stove, 2nd frig, 2nd microwave included), 4th bedroom (check out huge walk-in closet), 8x9 kids under entry stairs playroom, plus 947 sq. ft. storage area with many heavy duty shelves that will remain. Enjoy relaxing on your 13x12 Trex deck with Marygrove Electric Awning or 18x6 covered concrete front porch . Updates: HWH 2023, microwave, disposal, dishwasher 2022. One year home warranty included. Lexington Condos is close to downtown - walk to stores, restaurants.
Source: SparkMLS
About this home
This 4-bedroom, 3-bath, 2,347 sq ft home built in 2013 sits in Lexington Place in South Lyon.
Final sale price: $410,000 (about $175/sq ft).
Property tax estimate: $5,426 per year ($452/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.
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Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms4
Bathrooms3
Living Area2,347 sqft
Year Built2013
Stories1
Location
CitySouth Lyon
MunicipalitySouth Lyon City
Zip Code48178
CountyOakland
School DistrictSouth Lyon
Construction & Systems
ConstructionBrick
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Finished, Home Warranty, Humidifier, Security System
Sale & Financing
Listed11/3/2023
Sold Date12/14/2023
Terms AcceptedCash, Conventional, FHA, VA Loan
HOA
HOA Fee$330 / Monthly
IncludesLawn/Yard Care, Snow Removal
Source: SparkMLS
Tax Information
Annual Tax$5,426
Parcel #802117311077
Source: SparkMLS
Legal Description
T1N, R7E, SEC 17 OAKLAND COUNTY CONDOMINIUM PLAN NO 1743 LEXINGTON PLACE CONDOMINIUM UNIT 77 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 USDAPrice & Status History
Dec 15, 2023
Sale recorded
$410,000
Nov 4, 2023
Listed for sale
$405,500
Listed by Wally Schram
AmeriTrust Realty Corporation
Frequently Asked Questions about 1078 PADDOCK Drive, South Lyon, MI 48178
Which school district serves 1078 PADDOCK Drive, South Lyon, MI 48178?
Per MLS# 20230092388, 1078 PADDOCK Drive, South Lyon, MI 48178 is in the South Lyon boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact South Lyon directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20230092388, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 1078 PADDOCK Drive, South Lyon, MI 48178?
Per public tax records, annual property taxes for this property are $5,426. 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, 1078 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.
Is 1078 PADDOCK Drive, 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 utilities serve 1078 PADDOCK Drive, 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$2,960
Principal & interest$2,630
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
1078 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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