Sold
158 Princeton Drive, South Lyon, MI 48178
Sold on 01/15/2024 for$1,400
MLS # 24003278 (Michigan Regional Information Center (MichRIC))
2 beds1 bath746 sqftBuilt 19744.24 acres
1 / 16
Listing Description
A recently renovated cozy 2 bedroom 1 bathroom condo near downtown South Lyon and Mchattie Park. It is also conveniently located near entrances to both Intrastate 96 (I-96) and Interstate 23 (I-23). This listing has in unit laundry, a full appliance kitchen, a full bath, a spacious living area, ample space for storage, and a covered parking space.Water included in rent. Landlord pays association fee.Owner is a licensed real estate agent.
Source: SparkMLS
About this home
2-bedroom, 1-bath, 746 sq ft home in Princeton Square in South Lyon built in 1974.
This home sold for $1,400 (about $2/sq ft).
Annual property taxes run approximately $609 ($51/month). 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 Area746 sqft
Lot Size4.24 acres
Year Built1974
Stories1
Location
CitySouth Lyon
MunicipalitySouth Lyon City
Zip Code48178
CountyOakland
School DistrictSouth Lyon Community Schools
Construction & Systems
StyleOther
ConstructionAluminum Siding, Brick
BasementSlab
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesNatural Gas Available, Electricity Available, Natural Gas Connected
InteriorCeiling Fan(s)
Sale & Financing
Listed1/14/2024
Sold Date1/14/2024
Terms AcceptedLease Option
Source: SparkMLS
Tax Information
Annual Tax$609
Tax Year2022
State Equalized Value$52,500
Taxable Value$50,150
Assessed Value$14,970
Parcel #2130478026
Source: Public Records
Legal Description
T1N, R7E, SEC 30 OAKLAND COUNTY CONDOMINIUM PLAN NO 1125 PRINCETON SQUARE CONDOMINIUM UNIT 26, BLDG 7 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 Jeffrey Myslinski
Downriver Homes LLC
Frequently Asked Questions about 158 Princeton Drive, South Lyon, MI 48178
What school district is 158 Princeton Drive, South Lyon, MI 48178 in?
Per MLS# 24003278, this property is served by South Lyon Community Schools. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 158 Princeton Drive, South Lyon, MI 48178?
Per MLS# 24003278, the seller has indicated this property accepts the following financing types: Lease Option. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 24003278, the most recent reported annual property tax for 158 Princeton Drive, South Lyon, MI 48178 is $609 (2022). 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 158 Princeton Drive, South Lyon, MI 48178 eligible for USDA financing?
Per USDA Rural Development boundary data, 158 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, 158 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 158 Princeton Drive, South Lyon, MI 48178?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 158 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: 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.
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Monthly payment$9
Principal & interest$9
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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
158 Princeton Drive, South Lyon, MI 48178
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Neighborhood
Princeton Square
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Community
South Lyon
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County
Washtenaw County
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