25229 Franklin Terrace # 5 South Lyon, MI $ 89,900
25229 Franklin Terrace # 5
$ 89,900
Recently Listed Adult Community
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25229 Franklin Terrace # 5

South Lyon, MI, 48178
$ 89,900
Bedrooms2 Baths2.0 Sq 1,360

Monthly Estimate*

$ 554

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Condo for sale in South Lyon, MI

for $89,900 with 2 bedrooms and 2 full baths. This 1,360 square foot condo was built in 1972 on a lot size of 0.02.

Welcome to easy living in this 55+ co-op community! This well-maintained 2-bedroom, 2-bath home features granite countertops, fresh paint, and newer carpet. Enjoy comfortable one-level living plus a full basement with private laundry and additional storage or workspace. Community amenities include a clubhouse, pool, and beautifully maintained grounds--perfect for a relaxed, low-maintenance lifestyle.

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Condo Active

Price

$ 89,900

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 2,028

Style

Ranch

Lot Size

0.02

Year Built

1972

Town/City

South Lyon

County/Region

Oakland

MLS | Web ID

26010732

Features
General
Sewer Public
Heating Baseboard
Cooling Window Unit(s)
Roof Asphalt
HOA Fee 570.0
Association Fee Includes Electricity Water Trash Snow Removal Sewer Lawn/Yard Care Heat
Architectural Style Ranch
Construction Materials Aluminum Siding Brick
Year Built 1972
Stories Count 1
Township South Lyon City
Unit Number 5
Property Subtype Condominium
Tax Year 2025
Assoc Fee Paid Per Monthly
County Oakland
New Construction N
Property Type Residential
Association Amenities Pets Allowed Pool
HOA Y
Subdivision Name Colonial Acres
Garage Y/N N
Total Rooms 6
Full Baths 2
Status Active
City South Lyon
High School District South Lyon
Lot Size Units Acres
Lot Size Square Feet 1000.0
Carport Y/N N
Listing Terms Cash
Land Lease Y/N N
Tax Annual Amount 2028.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 45000
Legal Description co op
Senior Community None
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Interior
Basement Full
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
Laundry Features Gas Dryer Hookup In Basement
Total Bedrooms 2
Below Grade Finished Area 600.0
Main Level Bedrooms 2
Total Baths 2
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Exterior
Water Source Public
Lot Size Area 0.02
Spa N
Building Area Total 760.0
Lot Dimensions 22x60
Lot Size Acres 0.02
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 25229
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* Excluded Features
List By
Remerica Hometown One

Broker

rhibbs@Hometownone.com

Email

Affordability Calculator

$723
Per Month
77%
23%
0%
Monthly Principal & Interest
$554
Monthly Property Taxes
$169
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4428667 Elementary School
4428637 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/19/2026$89,900 Listed Price

Map


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25229 Franklin Terrace # 5, South Lyon, MI, 48178 is a Condo for sale at $89,900 with 1,360 sqft and a lot size of 0.02. 25229 Franklin Terrace # 5 has 2 bedrooms, 2.0 baths, and was built in 1972. The property's zip code is 48178 which is in South Lyon, MI