5 months on rocket

25228 Franklin Ter Unit 4, South Lyon, MI, 48178

$129,900

Home List Price

$1,543*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
800 SqFt
$162/SqFt
Condo

Location

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25228 Franklin Ter Unit 4, South Lyon$129,900

Buyer Closing Credits

$1,543*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Parking1 Assigned Space
Year Built1978
HeatingNatural Gas, Baseboard
CoolingCeiling Fan(s), Window Unit(s)
BasementYes
Private PoolYes
MLS #20240038374
StatusActive

About 25228 Franklin Ter Unit 4

Land Contract Available! Welcome home to Colonial Acres 55 and older Co-op. Land Contract terms available. Freshly updated Franklin Terrace...Two bedroom bath and a half Entire unit is completely remodeled floor 2 ceiling. Gourmet Kitchen White cabinets Custom granite countertops Gourmet sink and faucet. Newer disposal Newer vinyl windows New toilet, new cabinets Vanity with storage, Newly titled tub n floor. Freshly painted light gray walls white trim. White wainscoting in dining room walls. Luxury vinyl plank flooring Kitchen, dining, hall, living room New carpeting in bedrooms n lower level New lighting fixtures. Recess lights kitchen n lower level Over the sink light 2x4 built sun room/ verticals/ carpeted Name brand white appliances including microwave. HOA includes Trash lawn and building maintenance gas and water snow removal for easy living. Nice laundry room Maytag washer dryer. Huge lower level n storage room w shelves Subway tile backsplash with accent tile kitchen Window treatments

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1978
  • Stories: 1
  • Living Area: 800 SqFt

Listing Office:

  • Office Name: Real Estate One-Northville
  • Office Phone: (248) 305-1900
  • Listing Agent: Cheryl R McKinnon

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Cable Available

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Club House, Grounds Maintenance, Lighting, Pool – Community

Parking Information:

  • Parking: 1 Assigned Space

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard
  • Cooling: Ceiling Fan(s), Window Unit(s)

Other

Directions Information:

  • Directions: West off Pontiac Trail on Heritage Blvd, turn right onto Franklin Terrace.

Price Information

Listing Price Info

Price Summary:

  • List Price: $129,900
  • Price Per SqFt: $162/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

25228 Franklin Ter Unit 4 vs South Lyon

162 DAYS ON ROCKET

+107 Days

$129,900

-$330.1K Less

$162/SqFt

-$46 Less

KEY TAKEAWAY

This property is $330.1K less than the Median Sold Price and $46/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: #20240038374

Listing Office:

  • Office Name: Real Estate One-Northville
  • Office Phone: (248) 305-1900
  • Listing Agent: Cheryl R McKinnon

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, 7:20:52 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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$1,251

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-438822
7
/10

  • Frank E. Bartlett Elementary School

  • 350 School St

  • 0.48 miles

  • Public Magnet Grades KG-5

school-card-donut-438823
5
/10

  • Sayre Elementary School

  • 23000 Valerie St

  • 1.31 miles

  • Public District Grades KG-5

school-card-donut-438824
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. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 25228 Franklin Ter Unit 4

What is the listing price of this property?

The listing price of 25228 Franklin Ter Unit 4 property is $129,900.

What type of property is this?

The property 25228 Franklin Ter Unit 4 is a condo located in South Lyon, Michigan, 48178.

Is this property for sale now?

Active Listing: 25228 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 25228 Franklin Ter Unit 4 has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 25228 Franklin Ter Unit 4 is 800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 25228 Franklin Ter Unit 4 is 1978.

Rocket Homes›Michigan›Oakland County›South Lyon›48178›25228 Franklin Ter Unit 4

This home is located at 25228 Franklin Ter Unit 4 in South Lyon, MI and zip code 48178. This 800 square foot home was built in 1978. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 05, 2024 and is currently priced at $129,900.

In October 2024, from all listings sold in South Lyon, MI there were more than 12 sold above asking price, over 23 sold below and more than 6 were sold right at the asked price. The inventory of homes for sale in South Lyon, MI between September 2024 and October 2024 increased by 7.1%. Listings spent 55 days on the market in October 2024, and had a median list price of $460,000 during the same period.

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

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