Adult 55+
Listed By:
National Realty Centers, Inc - 2484681444
Address
25245 Franklin Terrace # 3, South Lyon, MI
Price
$ 119,900
Property Attributes
  • ID#20261049511
  • TypeCondos
  • Listing Status Active
  • CountyOAKLAND
  • CitySouth Lyon
  • AreaSouth Lyon
  • NeighborhoodCOLONIAL ACRES SUB
  • Zip48178
  • Style
  • Year Built1975
  • Price$ 119,900
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage1700
Data Source:
RealComp
Property Description

Completely turnkey, beautifully remodeled co-op in a desirable 55+ community—just move in and enjoy! Freshly painted throughout with new flooring in the main living areas and new carpet in the bedrooms. The main-level full bathroom has been completely remodeled with a new vanity, tile flooring, and toilet. New light fixtures and ceiling fans have been installed throughout the home. The updated kitchen features granite countertops, newer appliances, and a brand-new microwave (to be installed this week). The finished basement offers additional living space with a recently remodeled half bath, a large recreation area perfect for entertaining, and plenty of storage. Additional updates include newer windows. Enjoy low-maintenance living with community amenities including a clubhouse and pool, while the HOA fee includes water. Conveniently located close to downtown South Lyon, where you'll find charming shops, restaurants, parks, and year-round community events.

Price History
7/1/2026 Listed $130,000
8/13/2026 8$119,900

General Features

Sewer PublicSewer
Heating Baseboard, HotWater, OtherHeatingSource
Cooling ChillerCoolingSystem
Utilities UndergroundUtilities
Possession AtClose
Roof Asphalt
Appliances Dishwasher, Dryer, FreeStandingElectricRange, FreeStandingRefrigerator, Microwave, StainlessSteelAppliances, Washer
HOA Fee 570.0
Garage Spaces 0.0
Association Fee Includes Gas, MaintenanceGrounds, Sewer, SnowRemoval, Trash, Water
Architectural Style Other
Pool Features Community, InGround
Construction Materials Brick
Pets Allowed NumberLimit, SizeLimit, Yes
Year Built 1975
Levels One
Unit Number 3
Property Subtype StockCooperative
Community Features Clubhouse, Sidewalks
Assoc Fee Paid Per Monthly
County Oakland
New Construction No
Property Type Residential
HOA Yes
Attached Garage No
Subdivision Name COLONIAL ACRES SUB
Garage Y/N No
Total Rooms 5
Full Baths 1
Status Active
Directions N Lafayette St. to Heritage blvd. Right on Franklin Terrace. Turn left onto the 4th road on the left. Property will be on your right hand side and is facing south.
City SouthLyonCity_Oakland
Entry Location GroundLevelwSteps
Senior Community Y/N No
High School District SouthLyon
MLS Area Area02212SouthLyon
Lot Size Units Acres
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 0.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Standard Status Active
Occupancy Type Vacant
Expected Active Date 2026-07-01
MobileHomeRemainsYN No
PostalCity SouthLyon_Oakland
Legal Description Colonial Acres V COOP

Interior Features

Basement Finished
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 900.0
Half Baths 1
Total Bedrooms 2
Below Grade Finished Area 800.0
LivingAreaSource PriorListing
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2

Exterior Features

Parking Features NoGarage
Water Source Public
Foundation Details Basement, Poured
Spa No
Waterfront Y/N No
Road Frontage Type Paved
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Remerica United Realty and The Originating MLS(found above), © 2026 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of September 14, 2026 12:50 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Condos Average in 48178

Price
AVG $240K
$120K
Year Built
AVG 1991
1975
Visits
AVG 57
78
Data Provided by Inside Real Estate®

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