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Active · MLS #20261085408
$115,000 2 bd2 ba2,250 sqft

61366 Heritage BLVD # 7, Lyon Township, MI 48178

Est. $1,494/mo with current taxes · · See the breakdown

TypeCondominium
Built1978
Price/sqft$51
On market4 days
HOA$540/mo

About this home

Discover the charm and convenience of easy living in Colonial Acres, a desirable 55+ cooperative community in Lyon TWP! This charming two-bedroom ranch features a spacious living room, updated Pergo flooring, new appliances, and a 13x11 sunroom. The finished basement offers additional living space with a family room, library/den, and half bath. Enjoy low-maintenance living with access to the community clubhouse and pool. Association fees include heat and water. Conveniently located near downtown South Lyon, shopping, dining, and easy access to US-23 and I-96.

Monthly payment

$1,494per month
Principal & interest$654
Property tax, current$52
Homeowners insurance$200
Mortgage insurance (PMI)$47
HOA dues$540

The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.

The facts

Price$115,000
Beds2
Baths1 full, 1 half
Square feet2,250
TypeCondominium
Subdivision—
CountyOakland
MLS #20261085408
Listed2026-10-30
Days on market4
Year built1978
Possession30 days after closing
Stories1 story, upper unit
BasementFinished
HeatingBaseboard, Natural gas
FoundationBasement, Block
Water / SewerCity water & sewer
Listing officeKW Domain

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value—about $57,500
Yearly property tax$627about $1,841

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $1,214 a year more than this seller pays. Estimate uses Lyon Township's 2025 homestead rate of 32.01 mills and assumes you claim the homestead exemption. See Lyon Township's full tax breakdown or run the uncapping calculator.

Location

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-04T01:25+00:00; refreshed at least twice daily.

$115,000Est. $1,494/mo
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