new - 1 day on rocket

25227 Franklin Ter Unit 4, South Lyon, MI, 48178

$119,900

Home List Price

$1,424*

Closing Credit

2 Bedrooms
2 Full Baths
820 SqFt
$146/SqFt
Condo

Location

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25227 Franklin Ter Unit 4, South Lyon$119,900

Buyer Closing Credits

$1,424*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1977
HeatingNatural Gas, Baseboard, Hot Water, Floor Furnace
BasementYes
MLS #20240085695
StatusActive

About 25227 Franklin Ter Unit 4

Highly desirable Colonial Acres 55+ co-op community! This is a great ranch-style layout offering 2 generous size bedrooms on the main level with an additional 3rd bedroom in the fully finished spacious basement***Beautiful hardwood flooring throughout the living room, dining area, and Bedrooms** Beautifull updated kitchen w/ stainless steel appliances.& beautiful granite top and backsplash.A 3-season room is off the 2nd bedroom and faces a nice open courtyard area. All appliances are included! .... The HOA includes your heat, water, structure, grounds maintenance, snow removal, trash, pool and clubhouse use. With exterior painting, trash pickup, and roof repairs taken care of, you can rest easy knowing that your home is well-maintained year-round. Join our vibrant community at Colonial Acres and discover the joys of hassle-free living. Schedule a tour today and see why so many residents are proud to call this place home!Oakland County transit is available and there are plenty of monthly activities outlined in the monthly newsletter! purchases. Immediate Occupancy. Buyer & buyer agent to verify all information posted with this listing. there is a $75.00 application fee for 1 person and $45.00 for a second applicant. Sale is contingent upon board approval.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1977
  • Stories: 1
  • Living Area: 820 SqFt

Listing Office:

  • Office Name: Max Broock Realtors
  • Office Phone: (248) 851-4100
  • Listing Agent: Amy Jindo

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Grounds Maintenance, Lighting, Private Entry

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard, Hot Water, Floor Furnace

Other

Directions Information:

  • Directions: Pontiac Trail and 11 Mile

Price Information

Listing Price Info

Price Summary:

  • List Price: $119,900
  • Price Per SqFt: $146/SqFt

HOA Fees:

  • Amount: $535
  • Frequency: Monthly
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Housing Market Comparison

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

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South Lyon, MI

City

Med. Sold Price

$460K

Med. Price/SqFt

$208

Avg. Days On Market

55

# of Sold Homes

41

25227 Franklin Ter Unit 4 vs South Lyon

1 DAY ON ROCKET

-54 Days

$119,900

-$340.1K Less

$146/SqFt

-$62 Less

KEY TAKEAWAY

This property is $340.1K less than the Median Sold Price and $62/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: #20240085695

Listing Office:

  • Office Name: Max Broock Realtors
  • Office Phone: (248) 851-4100
  • Listing Agent: Amy Jindo

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, 6:20:52 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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$1,201

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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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-454794
7
/10

  • Frank E. Bartlett Elementary School

  • 350 School St

  • 0.48 miles

  • Public Magnet Grades KG-5

school-card-donut-454795
5
/10

  • Sayre Elementary School

  • 23000 Valerie St

  • 1.31 miles

  • Public District Grades KG-5

school-card-donut-454796
6
/10

  • Willam A. Pearson Elementary School

  • 57900 11 Mile Rd

  • 1.74 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. Most South Lyon, MI residents have annual incomes less than $35k. Typical family type is 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 25227 Franklin Ter Unit 4

What is the listing price of this property?

The listing price of 25227 Franklin Ter Unit 4 property is $119,900.

What type of property is this?

The property 25227 Franklin Ter Unit 4 is a condo located in South Lyon, Michigan, 48178.

Is this property for sale now?

Active Listing: 25227 Franklin Ter Unit 4 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 25227 Franklin Ter Unit 4 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 25227 Franklin Ter Unit 4 is 820 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 25227 Franklin Ter Unit 4 is 1977.

Rocket Homes›Michigan›Oakland County›South Lyon›48178›25227 Franklin Ter Unit 4

This home is located at 25227 Franklin Ter Unit 4 in South Lyon, MI and zip code 48178. This 820 square foot home was built in 1977. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $119,900.

South Lyon, MI housing market in October 2024 saw over 12 listings sold above listed price, more than 6 sold at listed price and over 23 sold below. In October 2024 in South Lyon, MI there were 7.1% more homes for sale than in September 2024. In October 2024 median list price was $460,000 and the average listing age was 55 days.

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

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