Price Reduction - Adult 55+
25205 Franklin Terrace, Unit 3 South Lyon, MI
$ 76,000
Property Attributes
  • ID#2210058257
  • TypeCondos
  • CountyOAKLAND
  • CitySouth Lyon
  • AreaSouth Lyon
  • NeighborhoodColonial Acres Phase III
  • Zip48178
  • StyleRanch
  • Year Built1978
  • Taxes$ 670
  • Price$ 76,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage800
Listing Provided Courtesy Of:
Real Estate One-Novi
Data Source:
RealComp - 83 - MI
Property Description

Enjoy carefree living in this popular 55+ Cooperative Community. 2 Bed/2 Bath unit. Nice covered porch off the second bedroom. Finished basement for large family gatherings. Lots of activities at the community clubhouse and pool. Close to Senior Center and all that downtown South Lyon has to offer including shopping, dining, farmers market and concerts in the park. Monthly association fee includes: grounds maintenance, snow removal, heat, water, sewer and trash. Plenty of parking for your guests. No virtual showings. Agent must accompany all buyers. All members must be approved by Colonial Acres Board of Directors. Sale subject to Probate Court Approval. BATVAI. All meas approx. New flooring in kitchen. Price reflects need for updating but with a little TLC this unit will be adorable!

Price History
7/21/2021 Listed $79,000
9/14/2021 4% - $76,000

General Features

Association Fee Frequency Monthly
Basement Type Finished
Building Number 23
Construction Materials Brick, Wood
Cooling Wall Unit(s)
Cumulative Days on Market 43
Down Payment Resource Yes
HOA Fee Yes
HOA Fee Includes Gas, Maintenance Grounds, Sewer, Trash, Water
HOA Fee Number 410
Heating Baseboard
Listing Agent Public Id 308620
Ownership Status Private Owned, Short Sale - No
Parcel Number Co op
Pool Y/N Yes
Possession At Close
Property Type Condominium
School District South Lyon
Sewer Sewer-Sanitary
Short Sale No
Status Active
Subdivision Name Colonial Acres Phase III
Terms Offered Cash
Total Sq Ft 800
Transaction Type Sale
Unit Number 3
Warranty No
Year Built 1978

Interior Features

Basement Y/N Yes
Full Baths 2
Heating Fuel Natural Gas
Total Baths 2.00

Exterior Features

Architecture Level 1 Story
Architecture Style Ranch
Exterior Features Club House, Grounds Maintenance, Outside Lighting, Pool - Common
Foundation Basement
Foundation Materials Poured
Garage Capacity No Garage
Garage Features 1 Assigned Space
Lot Description 55+ Community
Lot Size Area 0.00
Porch Patio, Porch
Roof Material Asphalt
Water Source Community


  • 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 eXp Realty in Michigan and The Originating MLS(found above), © 2021 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 21, 2021 9:50 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. Real estate listings held by firms other than eXp Realty in Michigan are marked with the Realcomp Internet Data Exchange logo or thumbnail logo and detailed information about them includes the Listing Broker's Firm Name

Property vs Condos Average in 48178

AVG $180K
AVG $2,094
AVG 47
Year Built
AVG 1988
AVG 26
Data Provided by Walkscore ® not using MLS data

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