25157 Franklin Terrace #7, South Lyon, MI 48178
Local realty services provided by:ERA Prime Real Estate Group
25157 Franklin Terrace #7,Southlyon, MI 48178
$88,000
- 2 Beds
- 2 Baths
- 1,060 sq. ft.
- Single family
- Active
Listed by: kristyn st clair
Office: exp realty - northville
MLS#:20261052372
Source:MI_REALCOMP
Price summary
- Price:$88,000
- Price per sq. ft.:$83.02
- Monthly HOA dues:$530
About this home
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...
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Home facts
- Year built:1973
- Subdivision & Development:COLONIAL ACRES SUB
- Listing ID #:20261052372
- Added:116 day(s) ago
- Updated:November 15, 2026 at 11:24 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Rooms Total:6
- Basement Description:Finished, Private
- Living area:1,060 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Wall Units
- Heating:Baseboard, Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1973
- Building area:1,060 sq. ft.
- Architectural Style:Ranch
- Construction Materials:Brick, Wood Siding
- Exterior Features:Grounds Maintenance, Lighting, Patio, Porch, Private Entrance
- Foundation Description:Basement, Poured, Sump Pump
- Levels:One
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$88,000
- Price per sq. ft.:$83.02
Features and amenities
- Appliances:Dishwasher, Dryer, Free Standing Freezer, Free Standing Gas Range, Free Standing Refrigerator, Microwave, Washer
- Pool features:Community, In Ground, Outdoor Pool
Parking
- Parking description:No Garage, Parking Lot
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