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25315 Franklin Terrace N # 8 South Lyon, MI $ 96,500
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25315 Franklin Terrace N # 8
$ 96,500
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Adult Community
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25315 Franklin Terrace N # 8

South Lyon, MI, 48178
$ 96,500
Bedrooms2 Baths2.0 Sq 1,600

Monthly Estimate*

$ 594

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Condo for sale in South Lyon, MI

for $96,500 with 2 bedrooms and 2 full baths. This 1,600 square foot condo was built in 1978.

Comfortable and affordable living at Colonial Acres 55+ co-op community. This 2 bedroom, 2 bath END unit Ranch style condo is bright and inviting. Enjoy the spacious 3 season room, perfect for morning coffee or quiet afternoons. The finished lower level has a full bath, fireplace, laundry and loads of storage space. The association fee includes: Water, heat, exterior maintenance. The community includes: Clubhouse, pool, and a full calendar of social activities making it easy to stay active and connected. Located just minutes from downtown South Lyon's shopping and dining. Being sold "as is".

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Condo Active

Price

$ 96,500

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 1,975

Style

Ranch

Year Built

1978

Town/City

South Lyon

County/Region

Oakland

MLS | Web ID

20261026111
Features
General
Sewer PublicSewer
Heating Baseboard NaturalGas
Cooling WallUnits
Possession AtClose
Roof Asphalt
Appliances Dishwasher Disposal Dryer FreeStandingGasRange FreeStandingRefrigerator Washer
HOA Fee 570.0
Garage Spaces 0.0
Association Fee Includes Gas Insurance MaintenanceGrounds MaintenanceStructure Sewer SnowRemoval Trash Water
Patio/Porch Features Enclosed Patio
Architectural Style Ranch
Pool Features Community InGround
Construction Materials Brick
Pets Allowed NumberLimit Yes
Year Built 1978
Levels One
Unit Number 8
Property Subtype Condominium
Community Features Clubhouse FitnessCenter
Assoc Fee Paid Per Monthly
County Oakland
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Subdivision Name COLONIAL ACRES SUB
Garage Y/N N
Total Rooms 9
Full Baths 2
Status Active
Directions Take 11 mile south on Lafayette right on Heritage right on Franklin Terrace
City SouthLyonCity_Oakland
Disclosures TaxesHomesteadExempt
Entry Location GroundLevelwSteps
Senior Community Y/N Y
High School District SouthLyon
MLS Area Area02212SouthLyon
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 1975.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 50000
Expected Active Date 2026-04-23
Legal Description colonial acres phase 3 bldg 26 unit 8
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Interior
Basement Finished
Furnished Y/N Unfurnished
Fireplace Features Basement WoodBurning
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 850.0
Half Baths 0
Laundry Features LaundryRoom
Total Bedrooms 2
Below Grade Finished Area 750.0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Exterior Amenities PrivateEntrance
Parking Features Assigned1Space NoGarage
Lot Features FiftyFiveCommunity
Water Source Public
Foundation Details Basement Poured
Spa N
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 25315
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* Excluded Features
List By
Kelly Knight

Listing Agent

Coldwell Banker Professionals-Northville

Broker

(734) 634-6101

Phone

Affordability Calculator

$759
Per Month
78%
22%
0%
Monthly Principal & Interest
$594
Monthly Property Taxes
$165
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
4909515 Elementary School
4909835 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/13/2026$96,500 -7.66% Price Down
5/4/2026$104,500 -4.91% Price Down
4/22/2026$109,900 Listed Price

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25315 Franklin Terrace N # 8, South Lyon, MI, 48178 is a Condo for sale at $96,500 with 1,600 sqft. 25315 Franklin Terrace N # 8 has 2 bedrooms, 2.0 baths, and was built in 1978. The property's zip code is 48178 which is in South Lyon, MI

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