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25140 Potomac Dr #3, South Lyon, MI, 48178

2beds
2baths
1,149sqft
$105,000
$91price/sqft
$855/moest. monthly cost
$34,200/yrincome needed

About This Home

Price improvement and motivated seller! Welcome home to this charming condo in a desirable 55+ co-op community in South Lyon! Offering approximately 1,100 square feet of comfortable living space, 2 spacious bedrooms and 2 full bathrooms designed for easy, low-maintenance living. Home needs some updating, but has been lovingly cared for by the previous owner. Enjoy your morning coffee or unwind with a good book in the bright and inviting sunroom, while the finished basement provides additional living space perfect for a family room, hobby area, or home office. The community offers wonderful amenities including a clubhouse, exercise room and inground pool, creating great opportunities to stay active and socialize with neighbors. Conveniently located near shopping, dining, and local parks, this condo combines comfort, convenience, and community all in one.

Getting Around

36
WalkingCar-Dependent
0
TransitVery Limited Transit
64
BikeBikeable

Schools

6/10
Frank E. Bartlett SchoolGrades PK-50.6 mi
8/10
Centennial Middle SchoolGrades 6-81.7 mi
8/10
South Lyon High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1974

Materials

  • Roof: Asphalt
  • Construction materials: Brick

Type & Style

  • Home type: Condo
  • Architectural style: Ranch
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Oven,Refrigerator,Washer
  • Laundry features: In Unit,Lower Level

Basement

  • Basement: Full

Bathroom1

  • Level: Main
  • Area: 35
  • Dimensions: 7.00 x 5.00

Bathroom2

  • Level: Lower
  • Area: 25
  • Dimensions: 5.00 x 5.00

Bedroom2

  • Level: Main
  • Area: 108
  • Dimensions: 12.00 x 9.00

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 2

Bonus Room

  • Level: Lower
  • Area: 135
  • Dimensions: 15.00 x 9.00

Dining Area

  • Level: Main
  • Area: 63
  • Dimensions: 9.00 x 7.00

Family Room

  • Level: Lower
  • Area: 280
  • Dimensions: 20.00 x 14.00

Features

  • Window features: Replacement
  • Flooring: Carpet,Vinyl
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: Central Air

Interior Area

  • Total structure area: 900
  • Total interior livable area: 1,149 sqft

Kitchen

  • Level: Main
  • Area: 42
  • Dimensions: 7.00 x 6.00

Laundry

  • Level: Lower
  • Area: 190
  • Dimensions: 19.00 x 10.00

Living Room

  • Level: Main
  • Area: 160
  • Dimensions: 16.00 x 10.00

Master Bedroom

  • Level: Main
  • Area: 99
  • Dimensions: 11.00 x 9.00

Property

Details

  • Parcel number: none

Features

  • Stories: 1
  • Private pool: Yes
  • Pool features: In Ground,Association
  • Patio & porch: Scrn Porch

Lot

  • Features: Recreational,Sidewalk

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Heat Wave
Ice Storm
Strong Wind

FEMA Declared Disasters in Oakland County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $530$6,360
Home Insurance *$28$336
Property Taxes $109$1,308
Electricity $188$2,259
Total$855$10,260
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$29,314/yr
40% on housing$25,650/yr
45% on housing$22,800/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.2%
14.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$91This listing

vs Other Active Listings

Avg $/sqft

ZIP 48178$167
Oakland County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 48178$222
Oakland County$192

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-30Price change$110,000
2026-02-28Listed for sale$120,000

For Sale by Agent

AgentJennifer Richman
BrokerageKeller Williams Professionals

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