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25124 Franklin Ter Unit 7, South Lyon, MI, 48178

$97,900

Home List Price

$1,163*

Closing Credit

1 Bedroom
1 Full Bath
1,020 SqFt
$96/SqFt
Condo

Location

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25124 Franklin Ter Unit 7, South Lyon$97,900

Buyer Closing Credits

$1,163*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
ParkingNoGarage
Year Built1976
HeatingHot Water, Natural Gas
CoolingWall Unit(s)
BasementYes
MLS #20240080659
StatusActive

About 25124 Franklin Ter Unit 7

Location! Location! Location! Conveniently located near shopping, dining, parks and delightful downtown South Lyon. This Senior Co-op features a partially finished basement as well as an enclosed 3 season room. All appliances are included. Enjoy a large Family room for entertaining and a Bonus room that would make an excellent office or hobby room. Complex includes a Clubhouse for gatherings and a community in-ground pool. 2 pets are allowed to accompany the new owner. Assoc dues cover, heat, snow removal, trash, water, sewer and maintenance of grounds.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1976
  • Living Area: 1,020 SqFt

Listing Office:

  • Office Name: Crossroads Real Estate of Brighton
  • Office Phone: (810) 227-3455
  • Listing Agent: Kitty Campbell

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: GroundsMaintenance, PrivateEntrance

Parking Information:

  • Attached Garage: No
  • Parking: NoGarage

Utilities

Utilities Information:

  • Heating: Hot Water, Natural Gas
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: From I-96 take the Kent Lake Rd exit South to Left on Silver Lake Rd to Right on Pontiac Trail (Lafayette) to W. on Heritage Blvd to first Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $97,900
  • Price Per SqFt: $96/SqFt

HOA Fees:

  • Amount: $520
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in South Lyon, MI.

Med. Sold Price

$479.8K

Med. Price/SqFt

$176

Avg. Days On Market

25

# of Sold Homes

31

25124 Franklin Ter Unit 7 vs South Lyon

54 DAYS ON ROCKET

+29 Days

$97,900

-$381.9K Less

$96/SqFt

-$81 Less

KEY TAKEAWAY

This property is $381.9K less than the Median Sold Price and $81/SqFt less than other homes in South Lyon, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240080659

Listing Office:

  • Office Name: Crossroads Real Estate of Brighton
  • Office Phone: (810) 227-3455
  • Listing Agent: Kitty Campbell

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 3:21:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$1,076

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$360

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4352784
7
/10
  • Frank E. Bartlett Elementary School

  • 350 School St

  • 0.42 miles

  • Public Magnet Grades KG-5

school-card-donut-4352785
5
/10
  • Sayre Elementary School

  • 23000 Valerie St

  • 1.24 miles

  • Public District Grades KG-5

school-card-donut-4352786
6
/10
  • Willam A. Pearson Elementary School

  • 57900 11 Mile Rd

  • 1.75 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,363. Most South Lyon, MI residents have annual incomes less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 25124 Franklin Ter Unit 7

What is the listing price of this property?

The listing price of 25124 Franklin Ter Unit 7 property is $97,900.

What type of property is this?

The property 25124 Franklin Ter Unit 7 is a condo located in South Lyon, Michigan, 48178.

Is this property for sale now?

Active Listing: 25124 Franklin Ter Unit 7 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 25124 Franklin Ter Unit 7 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 25124 Franklin Ter Unit 7 is 1,020 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 25124 Franklin Ter Unit 7 is 1976.

Rocket Homes›Michigan›Oakland County›South Lyon›48178›25124 Franklin Ter Unit 7

This home is located at 25124 Franklin Ter Unit 7 in South Lyon, MI and zip code 48178. This 1,020 square foot home was built in 1976. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $97,900.

In November 2024 more than 15 listings in South Lyon, MI were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 12 were sold below. The number of homes for sale in South Lyon, MI decreased by 5.6% between October 2024 and November 2024. Listings spent 25 days on the market in November 2024, and had a median list price of $479,854 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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