Sold
140 Princeton Drive, South Lyon, MI 48178
Sold on 02/24/2026 for$120,000
MLS # 20251054632 (Realcomp)
2 beds1 bath700 sqftBuilt 19740 acres
1 / 22
Listing Description
*Luxury Living in Downtown South Lyon* - Looking for a Fully Remodeled Condo that's NOT a 55+ community?! This is it. Experience the best of downtown living in this sophisticated upper floor 2-bedroom, 1-bath condo in the heart of South Lyon with a full washer dryer in your unit! Though 700 sq. ft., the smart design and complete renovation create a space that feels spacious, elegant and effortlessly livable. Every inch has been upgraded with top-of-the-line finishes, from designer chandelier lighting to Delta champagne bronze fixtures. The condo boasts brand-new flooring, fresh designer paint, all new energy-efficient stainless steel appliances, and a full-size washer and dryer right inside your home for maximum convenience. Step outside the door and enjoy the vibrant downtown South Lyon lifestyle within walking distance to everything! South Lyon boasts award-winning schools, fine dining, boutique shopping and all the social district you could ask for! If you're seeking a low maintenance condo with class, comfort and convenience in a prime location, this fully remodeled condo at the Princeton Square Condominiums is the perfect choice.
Source: SparkMLS
About this home
2-bedroom, 1-bath, 700 sq ft home in All South Lyon Listings in South Lyon built in 1974.
Closed at $120,000 (about $171/sq ft).
Estimated annual property tax: $1,486, or about $124 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Broadband is available with download speeds up to 1,200 Mbps from 9 providers. Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms1
Living Area700 sqft
Year Built1974
Stories1
Location
CitySouth Lyon
MunicipalityLyon Twp
Zip Code48178
CountyOakland
School DistrictSouth Lyon
Construction & Systems
ConstructionBrick, Vinyl Siding
BasementSlab
HeatingForced Air
SewerNone
Sale & Financing
Listed11/17/2025
Sold Date2/23/2026
Original Price$135,000
Terms AcceptedCash, Conventional, FHA, Rural Development, VA Loan
HOA
HOA Fee$335 / Monthly
IncludesLawn/Yard Care, Sewer, Snow Removal, Trash, Water
Source: SparkMLS
Tax Information
Annual Tax$1,486
State Equalized Value$54,760
Taxable Value$35,860
Parcel #2130478014
Source: Public Records
Legal Description
T1N, R7E, SEC 30 OAKLAND COUNTY CONDOMINIUM PLAN NO 1125 PRINCETON SQUARE CONDOMINIUMUNIT 14, BLDG 4 L 18785 P 396 8-6-98 FR 476-005
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Kelli Delaney
3DX Real Estate-Brighton
Frequently Asked Questions about 140 Princeton Drive, South Lyon, MI 48178
What school district is 140 Princeton Drive, South Lyon, MI 48178 in?
Per MLS# 20251054632, 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# 20251054632, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, Rural Development, 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# 20251054632, the most recent reported annual property tax for 140 Princeton Drive, South Lyon, MI 48178 is $1,486. 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 140 Princeton Drive, South Lyon, MI 48178 eligible for USDA financing?
Per USDA Rural Development boundary data, 140 Princeton 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, 140 Princeton 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.
Is fiber internet available at 140 Princeton Drive, South Lyon, MI 48178?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 140 Princeton Drive, 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.
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: None. 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.
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Mortgage Calculator
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Monthly payment$1,178
Principal & interest$843
HOA$335
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
140 Princeton Drive, South Lyon, MI 48178
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Municipality
All South Lyon Listings
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County
Washtenaw County
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