1 month on rocket

Backup Offers

25311 Franklin Ter, South Lyon, MI, 48178

$100,000

Home List Price

$1,188*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
800 SqFt
$125/SqFt
Condo

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

25311 Franklin Ter, South Lyon$100,000

Buyer Closing Credits

$1,188*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Year Built1977
HeatingNatural Gas, Baseboard
CoolingWall Unit(s)
BasementYes
Private PoolYes
MLS #20240071768
StatusAccepting Backup Offers

About 25311 Franklin Ter

Freshly painted two-bedroom, one-and-a-half-bath co-op in a vibrant South Lyon retirement community. The upstairs full bath has been beautifully updated with a walk-in shower and built-in seat for comfort. Freshly painted through out, and all carpets have been professionally steam cleaned. All appliances are included, making this truly move-in ready. Step outside to a lovely wood deck, perfect for relaxing and enjoying Michigan's gorgeous sunsets. This pet-friendly community welcomes your four-legged friends and offers fantastic amenities, including an in-ground pool and scenic walking trails. Conveniently located near expressways and downtown South Lyon, this home blends relaxation and convenience in a highly sought-after location.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1977
  • Stories: 1
  • Living Area: 800 SqFt

Listing Office:

  • Office Name: Irongate Realty Group
  • Office Phone: (248) 971-1222
  • Listing Agent: Emily Cook

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Gate House, Grounds Maintenance, Lighting, Pool – Community, Pool - Inground

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: W 10 Mile Rd. Take the 2nd exit from roundabout onto 10 Mile Rd. Turn right onto N Lafayette St. Turn left onto Heritage Blvd. Turn right onto Franklin Terrace

Price Information

Listing Price Info

Price Summary:

  • List Price: $100,000
  • Price Per SqFt: $125/SqFt

HOA Fees:

  • Amount: $535
  • 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

25311 Franklin Ter vs South Lyon

31 DAYS ON ROCKET

-24 Days

$100,000

-$360K Less

$125/SqFt

-$83 Less

KEY TAKEAWAY

This property is $360K less than the Median Sold Price and $83/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: #20240071768

Listing Office:

  • Office Name: Irongate Realty Group
  • Office Phone: (248) 971-1222
  • Listing Agent: Emily Cook

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

$1,102

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$366

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-333438
7
/10

  • Frank E. Bartlett Elementary School

  • 350 School St

  • 0.53 miles

  • Public Magnet Grades KG-5

school-card-donut-333439
5
/10

  • Sayre Elementary School

  • 23000 Valerie St

  • 1.35 miles

  • Public District Grades KG-5

school-card-donut-333440
6
/10

  • Willam A. Pearson Elementary School

  • 57900 11 Mile Rd

  • 1.72 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. Residents of South Lyon, MI typically earn less than $35k each year. Typical family type 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 25311 Franklin Ter

What is the listing price of this property?

The listing price of 25311 Franklin Ter property is $100,000.

What type of property is this?

The property 25311 Franklin Ter is a condo located in South Lyon, Michigan, 48178.

Is this property for sale now?

Accepting Backup Offers: 25311 Franklin Ter is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 25311 Franklin Ter has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 25311 Franklin Ter is 800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 25311 Franklin Ter is 1977.

Rocket Homes›Michigan›Oakland County›South Lyon›48178›25311 Franklin Ter

This home is located at 25311 Franklin Ter in South Lyon, MI and zip code 48178. This 800 square foot home was built in 1977. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $100,000.

While more than 12 listings in South Lyon, MI in October 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 23 were sold below. The inventory of homes for sale in South Lyon, MI between September 2024 and October 2024 increased by 7.1%. 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.

More Resources