25225 Potomac Drive #8

About this home

Remodeled 2 bedroom 2 bath ranch end unit. Luxury vinyl plank flooring. Beautifully updated kitchen with island. Granite counter tops. Newer appliances, and a room with a water view. Open floor plan. Updated bathroom vanity and flooring. Basement has newer carpeting and cabinets and a mini bar/kitchen. New Wall side windows with custom blinds. Association dues include water and gas. Club house with pool and walking trails. pets allowed. This is a 55 + Co-op.

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 $125,000, or $79 per square foot, 54% below the city median, and has been on the market 36 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 $2,033 a year. A buyer who lives here would pay about $3,193 a year once the taxable value resets after the sale, at the 2025 homestead rate of 42.15 mills for South Lyon City 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

Similar homes in South Lyon

$148,000

2 bd · 2 ba · 1,700 sqft

12440 Cambridge Boulevard, South Lyon

Listing courtesy of National Realty Centers, Inc

$159,900

2 bd · 2 ba · 1,700 sqft

25104 Hamilton Ct, South Lyon

Listing courtesy of Century 21 Curran & Oberski

$90,000

1 bd · 1 ba · 850 sqft

26955 Milford Road #21, South Lyon

Listing courtesy of Team Hamilton Real Estate

$125,000

3 bd · 2 ba · 1,700 sqft

61957 Ticonderoga Drive #4, South Lyon

Listing courtesy of National Realty Centers, Inc

$160,000

2 bd · 1 ba · 632 sqft

13810 9 Mile Road, South Lyon

Listing courtesy of EXP Realty Main

$115,000

2 bd · 1.5 ba · 2,250 sqft

61366 Heritage Boulevard #7, South Lyon

Listing courtesy of KW Domain

See all South Lyon homes for sale →