25157 Franklin Terrace, South Lyon, MI 48178
25157 Franklin Terrace, South Lyon, MI 48178
25157 Franklin Terrace, South Lyon, MI 48178
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Alec Applebaum

Alec Applebaum

+1(248) 866-8784
$89,000
Est. payment /mo
2 Beds
2 Baths
600 SqFt
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UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 600 sqft

Price per Sqft $148

Municipality South Lyon City

Subdivision South Lyon City

MLS Listing ID 20261052372

Bedrooms 2

Full Baths 1

Half Baths 1

HOA Fees $530/mo

HOA Y/N true

Year Built 1973

Property Sub-Type Condominium

Source Realcomp

Property 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

Location

State MI

County Oakland

Direction Pontiac Trail to Heritage Blvd to right on Franklin Terrace, 1st group of buildings on the left.

Interior

Interior Features Basement Finished

Heating Baseboard

Cooling Wall Unit(s)

Appliance Washer, Refrigerator, Range, Microwave, Freezer, Dryer, Dishwasher

Laundry Lower Level

Exterior

Exterior Feature Patio, Porch(es)

Pool Outdoor/Inground

Amenities Available Pool

View Y/N No

Roof Type Asphalt

Garage No

Building

Story 1

Sewer Public

Water Public

Structure Type Brick,Wood Siding

Schools

School District South Lyon

Others

HOA Fee Include Lawn/Yard Care,Sewer,Snow Removal,Trash,Water

Acceptable Financing Cash

Listing Terms Cash

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Listed by EXP Realty - Northville

Nearby School & Business

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Alec Applebaum

Alec Applebaum

+1(248) 866-8784

Broker License ID: 6502389085

Broker License ID: 6502389085

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Name

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