25142 Franklin Terrace # 8 South Lyon, MI ^$ 74,500

25142 Franklin Terrace # 8

^$ 74,500

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Adult Community

25142 Franklin Terrace # 8

South Lyon, MI, 48178

^$ 74,500

Bedrooms1 Baths1.0 Sq 718

Monthly Estimate*

^$ 515

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Condo for sale in South Lyon, MI

for $74,500 with 1 bedroom and 1 full bath. This 718 square foot condo was built in 1973.

Enjoy a maintenance free lifestyle in this nice end unit condo located in 55+ Colonial Acres. This unit features an updated kitchen with a new tile backsplash and an updated bathroom. Recent updates include central A/C and all new stainless kitchen appliances. Relax in the beautiful Florida room. The monthly HOA fee includes gas, water/sewer, exterior maintenance, and snow removal. Enjoy the clubhouse and community pool. Walking distance to Downtown South Lyon - enjoy shopping, dining, festivals, car shows and the farmer's market. Schedule your private showing today! See attachments for all co-op documents. Cash only.

Condo Active

Price

^$ 74,500

Bedrooms

Full Bath

Property Type

Condo

Taxes

^$ 1,050

Style

End Unit,Ranch

Year Built

1973

Town/City

South Lyon

County/Region

Oakland

MLS | Web ID

61029364

Features

General

Heating Baseboard Hot Water

Kitchen Level Entry

Possession At Close

Water Public Water

Status Active Active

Full Baths 1

Half Baths 0

Bathrooms 1

Year Built 1973

Parking 2 Spaces

Style End Unit Ranch

County Oakland

Class RESIDENTIAL

Type Condominium

Ownership Private

Municipality South Lyon

Sale/Rent For Sale

Status Detail 0

Structure Style Condo/Apt 1st Flr

Area South Lyon (63277)

Virtual Tour https://smartfloorplan.com/mi/v513251/player.pl

Directions Enter on Heritage Court from Pontiac Trail. Turn Right on Franklin Terrace. First cul-de-sac on the right.

City South Lyon

School District South Lyon Community Schools

Financial Terms Cash

Legal Description Colonial Acres Phase 1

DOM 20

Price Per Sq Ft Total AG 103.76

Public Remarks

Interior

Dining Room Level Entry

Basement Unfinished

Bedroom 1 Level Entry

Beds 1

Fireplace? No

Total Rooms 7

Exterior

Exterior Brick Vinyl Siding

Exterior Amenities Porch

Roads Paved Street Private Road

Waterfront Y/N No

* Excluded Features

List By

Lisa Prochazka

Listing Agent

Real Estate One-Brighton

Broker

lisa.prochazka@yahoo.com

Affordability Calculator

$602

Per Month

Monthly Principal & Interest: $515
Monthly Property Taxes: $88
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.375% 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

Trends
Schools

Condo listings in South Lyon, MI

Average List Price ^$295,646

Percent of Sale Price 297%

About South Lyon, MI

12,956 Population

29% Since 2002

^$65,418 Median Income

40.31 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1245844 Elementary School

1245851 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/29/2026	$74,500	-6.76%	Price Down
9/11/2026	$79,900		Listed Price

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25142 Franklin Terrace # 8, South Lyon, MI, 48178 is a Condo for sale at $74,500 with 718 sqft. 25142 Franklin Terrace # 8 has 1 bedrooms, 1.0 baths, and was built in 1973. The property's zip code is 48178 which is in South Lyon, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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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25142 Franklin Terrace # 8

Condo for sale in South Lyon, MI

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