For Sale
204 Princeton Drive, South Lyon, MI 48178
$119,000
MLS # 20261039064 (Realcomp)
2 beds1 bath746 sqftBuilt 19740 acres
1 / 31
Listing Description
*Luxury Living in Downtown South Lyon* - Looking for a Fully Remodeled Condo that's NOT a 55+ community?! This is it. Welcome Home to this recently renovated (2026) cozy 2 bedroom 1 bathroom upper unit condo near downtown South Lyon and Mchattie Park. This condo has everything you need from brand new washer/Dryer (2026), a full appliance kitchen, modern light fixtures, newly renovated full bath (2026), a spacious living area, ample space for storage, and a covered parking space. Water included with HOA. Quick access to major freeways I-96 & I-23.
Source: SparkMLS
About this home
This 2-bedroom, 1-bath, 746 sq ft home built in 1974 sits in All South Lyon Listings in South Lyon.
Asking $119,000 (about $160/sq ft).
Estimated annual property tax: $2,420, or about $202 monthly. 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.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms1
Living Area746 sqft
Year Built1974
Stories1
Location
CitySouth Lyon
MunicipalityLyon Twp
Zip Code48178
CountyOakland
School DistrictSouth Lyon
Construction & Systems
ConstructionBrick
BasementSlab
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed5/27/2026
Original Price$120,000
Terms AcceptedCash, Conventional
HOA
HOA Fee$350 / Monthly
IncludesSewer, Snow Removal, Trash, Water
Source: SparkMLS
Tax Information
Annual Tax$2,420
State Equalized Value$53,350
Taxable Value$39,850
Parcel #2130478048
Source: Public Records
Legal Description
T1N, R7E, SEC 30 OAKLAND COUNTY CONDOMINIUM PLAN NO 1125 PRINCETON SQUARE CONDOMINIUM UNIT 48, BLDG 12 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: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Smitha Krothapalli
Clients First, REALTORS®
Frequently Asked Questions about 204 Princeton Drive, South Lyon, MI 48178
Which school district serves 204 Princeton Drive, South Lyon, MI 48178?
Per MLS# 20261039064, 204 Princeton 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 financing options are available for 204 Princeton Drive, South Lyon, MI 48178?
Per MLS# 20261039064, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 204 Princeton Drive, South Lyon, MI 48178?
Per public tax records, annual property taxes for this property are $2,420. 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, 204 Princeton Drive, South Lyon, MI 48178 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 204 Princeton 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 204 Princeton 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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Monthly payment$1,122
Principal & interest$772
HOA$350
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
204 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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