61219 Heritage Boulevard #5
South Lyon, MI 48178
Condominium · MLS # 20261091580 · Listing courtesy of Novak Temple Real Estate
About this home
**CASH ONLY** WELCOME TO COLONIAL ACRES, A VIBRANT 55+ CO-OP COMMUNITY WHERE YOUR NEXT CHAPTER AWAITS! This charming co-op condo offers 1 bedroom, 1.5 bathrooms, a finished basement providing additional living space, and a bright sunroom perfect for relaxing or enjoying your morning coffee. Whether you’re looking to downsize, simplify, or enjoy low-maintenance living, this home offers a wonderful opportunity in a great location. Don’t miss your chance to make this home your own!
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 $65,000, or $51 per square foot, 71% below the city median, and has been on the market 1 day. 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 $1,384 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
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