Sold
948 S PARKWOOD Drive, South Lyon, MI 48178
Sold on 05/15/2025 for$395,275
MLS # 20250027008 (Realcomp)
3 beds2 baths2,225 sqftBuilt 19940.19 acres
1 / 62
Listing Description
Step into style and comfort in this beautifully updated 3-bedroom, 1 1/2 bath home with a finished basement and attached garage, finished with drywall and flooring. This place has updates galore—the seller thought they'd never move and invested deeply into the home over the last several years. The open layout features fresh paint, crown molding, LED recessed lighting throughout, and new carpet with luxury padding installed in 2023. The kitchen was updated in 2023 with modern finishes and matching hardware, while the bathrooms have also been refreshed. The finished basement was updated in 2022, the garage was finished in 2021, and the deck was refinished in 2024. Inside, enjoy a cozy gas fireplace, ceiling fans, and recessed lighting with dimmers. Outside, pavers extend the driveway and lead to the front porch, and a smart sprinkler system was added in 2020. A Generac generator provides peace of mind for power outages. Major mechanicals were replaced in 2023, including a high-efficiency 98% Lennox furnace, new central AC, and a tankless water heater. Located near two neighborhood bike paths, parks, and an elementary school, with easy access to Ann Arbor, Brighton, and Novi. There are over a dozen major upgrades—ask the listing agent for the full list. Move-in ready and thoughtfully upgraded throughout.
Source: SparkMLS
About this home
3-bedroom, 2-bath, 2,225 sq ft home in All South Lyon Listings in South Lyon built in 1994.
Final sale price: $395,275 (about $178/sq ft).
Estimated annual property tax: $5,951, or about $496 monthly. 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.
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Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area2,225 sqft
Lot Size0.19 acres
Year Built1994
Stories2
Location
CitySouth Lyon
MunicipalitySouth Lyon City
Zip Code48178
CountyOakland
School DistrictSouth Lyon
Construction & Systems
ConstructionVinyl Siding
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Finished, Generator, Humidifier
Sale & Financing
Listed4/21/2025
Sold Date5/14/2025
Terms AcceptedAssumable, Cash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$5,951
State Equalized Value$164,910
Taxable Value$145,190
Parcel #2129453018
Source: Public Records
Legal Description
T1N, R7E, SEC 29 ANDOVER CREEK NO 2 LOT 65 10-11-94 FR 451-016
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by T J Brisbois
S&P Realty
Frequently Asked Questions about 948 S PARKWOOD Drive, South Lyon, MI 48178
What school district is 948 S PARKWOOD Drive, South Lyon, MI 48178 in?
Per MLS# 20250027008, this property is served by South Lyon. 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# 20250027008, the seller has indicated this property accepts the following financing types: Assumable, Cash, Conventional, FHA, VA Loan. 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# 20250027008, the most recent reported annual property tax for 948 S PARKWOOD Drive, South Lyon, MI 48178 is $5,951. 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 948 S PARKWOOD Drive, South Lyon, MI 48178 eligible for USDA financing?
Per USDA Rural Development boundary data, 948 S PARKWOOD 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, 948 S PARKWOOD 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 948 S PARKWOOD Drive, South Lyon, MI 48178?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 948 S PARKWOOD 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$2,692
Principal & interest$2,692
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
948 S PARKWOOD 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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