61091 Greenwood Drive

About this home

Great opportunity for this 2 bedroom 2 full bath true ranch condominium in the heart of South Lyon. Across the street from the High School and a stone's throw to bustling downtown South Lyon, this recently updated and freshly painted unit is truly turn key. Granite countertops adorn the kitchen and chic ceramic tile flows from kitchen into dining area. Large primary bedroom brings in abundance of natural light with two large windows, comes equipped with walk-in closet and ensuite bathroom. The private southern facing front porch includes a portion that is covered as well as uncovered and almost completely surrounded by privacy fence (check out example photo of what some unit owners have done to make covered portion a 3 season-like screened in patio). If you need more sun, take a short walk to enjoy the summer months with the in ground outdoor pool equipped with poolside furniture and on-site locker rooms. This unit is the low maintenance private lifestyle you have been looking for.

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 $179,900, or $166 per square foot, 4% below the city median, and has been on the market 7 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 $3,002 a year. A buyer who lives here would pay about $3,010 to $3,829 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

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