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Active · MLS #20261087816
$399,900 4 bd3 ba2,797 sqft

40760 Ivywood LN , Plymouth Township, MI 48170

Est. $2,965/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1965
Lot0.21 acres
Garage2 spaces
Price/sqft$143
On market1 days
HOA$35/yr

About this home

Rarely Offered 2,300 Sq Ft Colonial in Sought-After Lake Pointe Village! Welcome to Lake Pointe Village in Plymouth Township, where neighborhood charm, community traditions, and a great location come together. Rarely offered, this spacious 2,300-square-foot Colonial has been lovingly cared for over several decades, and now it’s your turn to make it your own. The welcoming entry foyer opens to formal living and dining rooms featuring hardwood flooring. The eat-in kitchen offers cabinet pull-outs and a newer range and microwave, while the family room features built-ins, a fireplace insert, and a Pella doorwall leading to the backyard. A first-floor laundry and mudroom add everyday convenience. Upstairs, you’ll find four spacious bedrooms, all with hardwood floors and large closets. The primary suite features a walk-in closet and an ensuite bath with a step-in shower. The partly finished basement provides additional recreation space, with the pool table staying, plus a separate storage room. A two-car garage with built-in workbenches and storage offers plenty of room for projects and organization. Outside, enjoy a fenced yard, patio, and shed for all your outdoor needs. Updates include a 2016 furnace and central air, Wallside windows installed in 2000, and an updated electrical panel and service entry. Enjoy all that Lake Pointe offers, including neighborhood traditions like Fall Cider & Donuts, holiday yard-decorating contests, Santa on the Fire Truck, and the Ice Cream Social. Walk to Farrand Elementary School and enjoy Plymouth-Canton Schools, low Plymouth Township taxes, and a location just minutes from Hines Park Recreation Trails, Downtown Plymouth, Northville, shopping, dining, and more. Schedule your showing today!

Monthly payment

$2,965per month
Principal & interest$2,275
Property tax, current$322
Homeowners insurance$200
Mortgage insurance (PMI)$165
HOA dues$3

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$399,900
Beds4
Baths2 full, 1 half
Square feet2,797
TypeSingle family residence
SubdivisionLAKE POINTE VILLAGE SUB 8
CountyWayne
MLS #20261087816
Listed2026-10-30
Days on market1
Year built1965
PossessionAt closing
Stories2 stories
BasementPartial, Partially finished
HeatingForced air, Natural gas
FoundationBasement, Poured
Garage spaces2.0
Water / SewerCity water & sewer
FireplaceYes
Parcel number78022030648000
Listing officeRE/MAX Classic

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$121,418about $199,950
Yearly property tax$3,868about $6,479

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $2,611 a year more than this seller pays. The assessor's state equalized value (SEV) is $238,800. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Plymouth Township's 2025 homestead rate of 32.40 mills and assumes you claim the homestead exemption. See Plymouth 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 2026-10-31T09:44+00:00; refreshed at least twice daily.

$399,900Est. $2,965/mo
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