25157 Franklin Terrace,South Lyon, MI 48178
South Lyon, MI 48178
Description
Here's a second chance for those who missed out on this lovely unit when it was first listed. Previous buyer was not approved by the HOA. No issues with the property. Welcome home to this beautifully maintained, move-in ready ranch co-op in one of South Lyon's most desirable 55+ communities! A beautiful option for affordable, retirement or snow-bird living. Enjoy carefree living with access to a clubhouse, sparkling community pool and beautifully maintained grounds with walking paths. This immaculate home offers over 1,000 square feet of finished living space including a finished basement. The main level features a spacious living room filled with natural light from the newer Wallside picture window (2021, with a transferable 35-year warranty), an inviting dining area, white kitchen with newer appliances (2020), and a generous primary bedroom with a large walk-in closet and direct access to the backyard patio. The finished lower level nearly doubles your living space with a large recreation/family room, convenient half bath, spacious laundry area, and a second bedroom/flex room (non-conforming; no egress window)--perfect for guests, hobbies, crafts or a home office. Recent improvements include: * New flooring (2020), wall a/c unit (2020), New fiberglass front entry door (2021), Dishwasher (2025). Interior freshly painted in recent years. All appliances stay, including refrigerator, gas range, microwave, dishwasher, washer, dryer and chest freezer. Enjoy maintenance-free living in this vibrant community while still having your own private patio for relaxing outdoors. Summer taxes: $1,521.85 /Winter taxes: $80.76 (taxes are billed separately by HOA and are not included in the monthly co-op fee). HOA fee does include water, sewer, trash, gas, heat, snow removal, & grounds maintenance. Close to everything South Lyon has to offer, as well as to free-way access. Buyer must apply and be approved by the Co-op. Application fee is $75 for first occupant and $45 for each additional occupant. Buyer is required to pay a $525
Details
| MLS # | 61013439 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $530 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1973 |
| Days On Site | 84 |
| Listing Provided By | EXP Realty - Northville | Kristyn St Clair |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,060 |
| Basement | Y |
| Pool | Yes |
| Story(s) | 1 |
Interior
| Rooms Total | 8 |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Ceiling Fan(s), Wall/Window Unit(s) |
| Heating Yes / No | Yes |
| Heating | Natural Gas, Baseboard |
| Appliances | Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Washer, Gas Water Heater |
Exterior
| Construction Materials | Brick, Wood Siding |
|---|---|
| Foundation Details | Basement |
Parking
| Garage Yes / No | No |
|---|
Location
| Community Features | Clubhouse, Private Entry |
|---|
Other
| List Aor | Real Comp |
|---|
Area Information
| State | MI |
|---|---|
| County | Oakland |
| City | South Lyon |
| Zip Code | 48178 |
| Area | South Lyon (63277) |
| Community Name | Colonial Acres Sub |
| Listing VS Median (in Colonial Acres Sub) | |
Price: $89,000 low | high Med: $124,950 sqft: 1,060 low | high Med: 1,700 $ / sqft: $84 low | high Med: $74 On site: 84 low | high Med: 63 | |
Market Activity 48178
Request a showing
Request a showing
Contact
Learn More About This Property
| State | MI |
|---|---|
| County | Oakland |
| City | South Lyon |
| Zip Code | 48178 |
| Area | South Lyon (63277) |
| Community Name | Colonial Acres Sub |
| Listing VS Median (in Colonial Acres Sub) | |
Price: $89,000 low | high Med: $124,950 sqft: 1,060 low | high Med: 1,700 $ / sqft: $84 low | high Med: $74 On site: 84 low | high Med: 63 | |