26955 Milford Road #21

About this home

Cute 1 bedroom, 1 bathroom ground level unit with beautiful views overlooking Lake Angela. Community swim raft and beach area great for swimming. Bathroom has walk-in shower. Carport space included for one car. Common well and septic for complex. Unit has stackable washer and dryer within unit but also community area with laundry facilities and cage for storage. 55+ complex and proof of age is required. Buyer must be willing and physically able to help with co-op duties. HOA must approve buyer and application is required. Full application, proof of income and funds required to begin approval process. Cash only. HOA fees include taxes, heat, water, gas, common area electrical and maintenance and snow removal.

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 $90,000, or $106 per square foot, 39% below the city median, and has been on the market 2 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

A buyer who lives here would pay about $8,588 a year once the taxable value resets after the sale, at the 2025 homestead rate of 31.65 mills for Lyon 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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