12460 Cambridge Boulevard

About this home

Move right into this exceptionally clean and well-maintained ranch located in the desirable 55+ Centennial Farms Cooperative Community. Freshly painted and featuring charming crown molding and newer flooring, this inviting home offers comfortable, low-maintenance living in a wonderful community setting. The finished basement provides plenty of additional living space with a full bath, non-conforming third bedroom, and abundant storage. The second bedroom is currently converted into an office, while the cozy sunroom offers the perfect place to relax and unwind. Centennial Farms offers an impressive array of amenities! The clubhouse hosts social activities and is also available to rent, providing a great venue for larger gatherings. Residents enjoy private beach facilities with access to several lakes, along with kayaks, canoes, paddle boats, and fishing equipment conveniently available lakeside for residents to enjoy. Association dues include building insurance, snow removal, grounds maintenance, water, sewer, trash pickup, and water heater/boiler maintenance, making for easy, worry-free living. Conveniently located near shopping and just minutes from downtown South Lyon, with locally owned restaurants, boutiques, and coffee shops nearby. Cash purchase or financing through a lender that works with cooperative properties. Taxes are estimated.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in South Lyon

Over the last 90 days, 144 homes sold in South Lyon for a median of $430,000, about $173 per square foot, and the typical one went under contract in 20 days. This home is listed at $149,990, or $86 per square foot, 50% below the city median, and has been on the market 85 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent South Lyon sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $3,190 a year. A buyer who lives here would pay about $3,130 a year once the taxable value resets after the sale, at the 2025 homestead rate of 30.83 mills for Green Oak Twp and South Lyon schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate and HOA when listed. Ask us for a lender quote.

Location

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