Sold
206 PRINCETON Drive, South Lyon, MI 48178
Sold on 06/13/2025 for$115,000
MLS # 20250025751 (Realcomp)
2 beds1 bath746 sqftBuilt 19740 acres
1 / 27
Listing Description
ADORABLE AND AFFORDABLE! YOU WILL LOVE THIS PRINCETON CONDO UPPER RANCH! This cozy, light-filled unit has a great layout and use of space. Freshly painted with details like crown molding add to its charm. Updates include beautiful plank flooring throughout; ceramic tile floor and enclosure in bath, updated fixtures, washer dryer combo in spacious utility room with extra storage. All appliances stay. Affordable association dues; covered carport, walking trails. Convenient walking distance from stores and restaurants. Live in and enjoy the beautiful city of South Lyon for an affordable price!
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 $115,000 (about $154/sq ft).
Estimated annual property tax: $701, or about $58 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. Broadband is available with download speeds up to 1,200 Mbps from 9 providers.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms1
Living Area746 sqft
Year Built1974
Stories1
Location
CitySouth Lyon
MunicipalitySouth Lyon City
Zip Code48178
CountyOakland
School DistrictSouth Lyon Community Schools
Construction & Systems
ConstructionBrick
BasementSlab
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed4/17/2025
Sold Date6/12/2025
Terms AcceptedCash, Conventional
HOA
HOA Fee$335 / Monthly
IncludesLawn/Yard Care, Snow Removal, Water
Source: SparkMLS
Tax Information
Annual Tax$701
State Equalized Value$52,500
Taxable Value$17,000
Parcel #2130478050
Source: Public Records
Legal Description
T1N, R7E, SEC 30 OAKLAND COUNTY CONDOMINIUM PLAN NO 1125 PRINCETON SQUARE CONDOMINIUM UNIT 50, BLDG 13 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 Karen Slater
Century 21 Curran & Oberski
Frequently Asked Questions about 206 PRINCETON Drive, South Lyon, MI 48178
Which school district serves 206 PRINCETON Drive, South Lyon, MI 48178?
Per MLS# 20250025751, 206 PRINCETON Drive, South Lyon, MI 48178 is in the South Lyon Community Schools boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact South Lyon Community Schools directly to confirm enrollment eligibility.
What financing options are available for 206 PRINCETON Drive, South Lyon, MI 48178?
Per MLS# 20250025751, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 206 PRINCETON Drive, South Lyon, MI 48178?
Per public tax records, annual property taxes for this property are $701. 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, 206 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.
Is 206 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 internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 206 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.
What utilities serve 206 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$1,081
Principal & interest$746
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
206 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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