Sold
196 PRINCETON Drive, South Lyon, MI 48178
Sold on 08/26/2024 for$95,000
MLS # 20240059683 (Realcomp)
1 bed1 bath699 sqftBuilt 19740 acres
1 / 19
Listing Description
Private, upper end-unit in downtown South Lyon. Newer laminate wood flooring in living and dining areas. Electric fireplace in dining room. Ample storage and very spacious in the single primary units vs the 2 bedroom units. Windows in unit are both east and west facing, providing plenty of natural light. Trash pick-up included in monthly fee. Dogs and cats allowed. Hot water heater installed in 2021. Carport included in sale, extra parking available for guests. This is a rare find in South Lyon! Great primary residence or perfect investment opportunity! Unit has no basement and is NON-WARRANTABLE.
Source: SparkMLS
About this home
This 1-bedroom, 1-bath, 699 sq ft home built in 1974 sits in Princeton Square in South Lyon.
Closed at $95,000 (about $136/sq ft).
Property tax estimate: $1,082 per year ($90/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
Bedrooms1
Bathrooms1
Living Area699 sqft
Year Built1974
Stories1
Location
CitySouth Lyon
MunicipalitySouth Lyon City
Zip Code48178
CountyOakland
School DistrictSouth Lyon Community Schools
Construction & Systems
ConstructionAluminum Siding, Brick
BasementSlab
HeatingForced Air
WaterPublic
SewerPublic
InteriorWater Softener/Owned
Sale & Financing
Listed8/14/2024
Sold Date8/25/2024
Terms AcceptedCash, Conventional
HOA
HOA Fee$270 / Monthly
IncludesLawn/Yard Care, Sewer, Snow Removal, Trash, Water
Source: SparkMLS
Tax Information
Annual Tax$1,082
State Equalized Value$50,530
Taxable Value$50,530
Parcel #2130478034
Source: Public Records
Legal Description
T1N, R7E, SEC 30 OAKLAND COUNTY CONDOMINIUM PLAN NO 1125 PRINCETON SQUARE CONDOMINIUM UNIT 34, BLDG 9 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 Nicholas Pritula
Century 21 Curran & Oberski
Frequently Asked Questions about 196 PRINCETON Drive, South Lyon, MI 48178
What school district is 196 PRINCETON Drive, South Lyon, MI 48178 in?
Per MLS# 20240059683, 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 type of financing is accepted for this listing?
Per MLS# 20240059683, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20240059683, the most recent reported annual property tax for 196 PRINCETON Drive, South Lyon, MI 48178 is $1,082. 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 196 PRINCETON Drive, South Lyon, MI 48178 eligible for USDA financing?
Per USDA Rural Development boundary data, 196 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, 196 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 196 PRINCETON Drive, South Lyon, MI 48178?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 196 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$951
Principal & interest$681
HOA$270
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
196 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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