21 days on rocket

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

$98,900

Home List Price

$1,174*

Closing Credit

1 Bedroom
1 Full Bath
720 SqFt
$137/SqFt
Condo

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

25124 Franklin Ter Unit 7, South Lyon$98,900

Buyer Closing Credits

$1,174*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Year Built1976
HeatingNatural Gas, Hot Water
CoolingWall Unit(s)
BasementYes
Private PoolYes
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
  • Stories: 1
  • Living Area: 720 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
  • Interior: Cable Available

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Club House, Grounds Maintenance, Private Entry, Pool – Community, Pool - Inground

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water
  • 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: $98,900
  • Price Per SqFt: $137/SqFt

HOA Fees:

  • Amount: $505
  • Frequency: Monthly
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

South Lyon, MI

City

Med. Sold Price

$460K

Med. Price/SqFt

$208

Avg. Days On Market

55

# of Sold Homes

41

25124 Franklin Ter Unit 7 vs South Lyon

21 DAYS ON ROCKET

-34 Days

$98,900

-$361.1K Less

$137/SqFt

-$71 Less

KEY TAKEAWAY

This property is $361.1K less than the Median Sold Price and $71/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: 11/15/2024, 8:20:53 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.

Payment Calculator

$1,066

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$363

Powered By

Rocket Mortgage

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-302665
7
/10

  • Frank E. Bartlett Elementary School

  • 350 School St

  • 0.42 miles

  • Public Magnet Grades KG-5

school-card-donut-302666
5
/10

  • Sayre Elementary School

  • 23000 Valerie St

  • 1.24 miles

  • Public District Grades KG-5

school-card-donut-302667
6
/10

  • Willam A. Pearson Elementary School

  • 57900 11 Mile Rd

  • 1.75 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,363. Typical income of South Lyon, MI residents is less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

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 $98,900.

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 720 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 720 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 $98,900.

Over 12 listings were sold over their listed price in October 2024 in South Lyon, MI. In the same period over 23 listings were sold below the listed price and 6 listings were sold for the listed price. In October 2024 in South Lyon, MI there were 7.1% more homes for sale than in September 2024. While the average time on the market in October 2024 was 55 days, the median list price was $460,000.

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

More Resources