Sold
20922 Parkwoods Drive, South Lyon, MI 48178
Sold on 12/22/2025 for$525,000
MLS # 25059367 (Michigan Regional Information Center (MichRIC))
3 beds4 baths3,196 sqftBuilt 19980.56 acres
1 / 53
Listing Description
Step into this beautifully maintained 3-bedroom, 3.5-bath colonial in South Lyon's sought-after Parkwoods neighborhood, where comfort and family-friendly living shine. All bedrooms, including the primary suite, are on one level for peace of mind with little ones. The main floor features a bright den and an updated kitchen with refaced cabinets and granite countertops, anchored by a three-sided fireplace that unites the living and kitchen areas. Recently installed high-end Weathergard windows and a newer furnace add efficiency and ease. The finished basement extends your living space with a second kitchen featuring granite counters and hardwood flooring, plus abundant storage. Outside, an oversized deck overlooks a big backyard on over a ½-acre lot—ideal for outdoor activities. With thoughtful updates throughout and A-rated schools nearby, this home is truly move-in ready for its next chapter.
Source: SparkMLS
About this home
Located in Park Woods in South Lyon, this property offers 3-bedroom, 4-bath, 3,196 sq ft, with original construction dating to 1998.
Closed at $525,000 (about $164/sq ft).
Annual property taxes run approximately $7,279 ($607/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Broadband is available with download speeds up to 2,000 Mbps from 9 providers. Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms4
Living Area3,196 sqft
Lot Size0.56 acres
Year Built1998
Stories2
Location
CitySouth Lyon
MunicipalityLyon Twp
Zip Code48178
CountyOakland
School DistrictSouth Lyon Community Schools
Construction & Systems
StyleColonial
ConstructionBrick, Vinyl Siding
BasementFull
Garage2 spaces
HeatingForced Air
WaterWell
SewerSeptic Tank
Sale & Financing
Listed11/21/2025
Sold Date12/21/2025
Original Price$479,900
Terms AcceptedCash, FHA, MSHDA, Conventional
HOA
HOA Fee$400 / Annually
IncludesOther, Snow Removal
Source: SparkMLS
Tax Information
Annual Tax$5,755
Tax Year2024
State Equalized Value$230,000
Taxable Value$189,440
Assessed Value$183,750
Parcel #2132377017
Source: Public Records
Legal Description
T1N, R7E, SEC 32 PARK WOODS LOT 20 9-2-97 FR 300-011
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 Roy Hibbs
Remerica Hometown One
Frequently Asked Questions about 20922 Parkwoods Drive, South Lyon, MI 48178
What school district is 20922 Parkwoods Drive, South Lyon, MI 48178 in?
Per MLS# 25059367, 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# 25059367, the seller has indicated this property accepts the following financing types: Cash, FHA, MSHDA, Conventional. 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# 25059367, the most recent reported annual property tax for 20922 Parkwoods Drive, South Lyon, MI 48178 is $5,755 (2024). 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 20922 Parkwoods Drive, South Lyon, MI 48178 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 20922 Parkwoods 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 20922 Parkwoods Drive, South Lyon, MI 48178?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 20922 Parkwoods Drive, South Lyon, MI 48178. The maximum advertised download speed is 2.0 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: Septic Tank. Water: Well. 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.
Map
Tax Estimate
$
Annual tax$7,279
Monthly$607
Millage rate31.6481 mills
Municipality: CHARTER TOWNSHIP OF LYON
School district: SOUTH LYON COMMUNITY SCHOOLS
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$4,045
Principal & interest$3,405
Property taxes$607
HOA$33
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 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
20922 Parkwoods Drive, South Lyon, MI 48178
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Neighborhood
Park Woods
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Community
South Lyon
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County
Washtenaw County
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