25157 Franklin Terrace

South Lyon, MI 48178
  • $89,000

    Price
  • 2

    Bed
  • 2

    Bath
  • 600

    SqFt

About the Listing 105062 - RC278045

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 closing fee to co-op and $300 to the co-op reserve fund escrow.

Listing Highlights

Status Active With Contingency
Days on Site 11
Property Type Condo/Townhome
MLS ® 61013439
Year Built 1973
Total Square Footage 600
Lot/Acreage N/A
County Oakland
HOA Dues 530/Monthly

Interior Details

  • Bedrooms: 2
  • Bathrooms: 1 Full / 1 Half
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Washer
  • Air Cond: Ceiling Fan(s),Wall/Window A/C
  • Heating: Natural Gas,Baseboard
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 600
  • Below Ground Sq Ft: 460
  • Basement: Finished
  • Other: Breed Restrictions,Number Limit,Size Limit
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Roof:
  • Others: Inground Pool,Patio,Porch
  • Sewer:

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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25157 Franklin Terrace South Lyon, MI 48178

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Originating MLS: RealComp

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Melanie Lovati

Associate Broker | Innovation RES | Innovation Real Estate Specialists

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