25229 Franklin Terrace 5, South Lyon, MI 48178 (MLS# 26010732)

25229 Franklin Terrace 5, South Lyon, MI 48178

New Listing
$89,900
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 760 Lot Size (sq. ft.): 1,000 Status: Active
Current Price: $89,900 List Date: 3/19/2026 Last Modified: 3/19/2026

Overview

Description

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.

Listing Details MLS# 26010732

Location Property Info

County
Oakland
Street #
25229
Street Name
Franklin
Suffix
Terrace
State
MI
Zip Code
48178

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
0.02
Lot Square Footage
1000
Lot Dimensions
22x60
Year Built
1972
Road Frontage
22
Garage Y/N
No
Income Property
No
Total Rooms AG
6
Total Fin SqFt All Levels
1360
SqFt Above Grade
760
Below Grade Finished SqFt
600
Below Grade Unfinished SqFt
140
Building Total SqFt
760
Total Beds Above Grade
2
Total Bedrooms
2
Full Baths
2
Total Baths
2
Main Level Primary
Yes
Stories
Yes
School District
South Lyon
Association YN
Yes
Waterfront
No
Basement
Yes

Tax Info

Tax ID #
co op
Taxable Value
45000
SEV
45000
For Tax Year
2025
Seller's Annual Property Tax
2028
Tax Year
2025
Homestead %
100
Spec Assessment & Type
No

Access Feat

Accessibility Features
No

Upper Rooms

Total Baths Above Grade
Yes

More Information

Main Rooms

Main Bedrooms
2
Main Full Baths
Yes
Main Level SQFT
760

Basement Rooms

Basement Full Baths
Yes
Basement Finished SQFT
600
Total Basement SQFT
740

Location & Property Info

Unit #
5
Cross Streets
10 Mile and Lafeyete
Property Sub-Type
Condominium
Municipality
South Lyon City
Subdivision
Colonial Acres

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
118.29

Remarks & Misc

Public Remarks
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.
Legal
co op

Street Type

Paved
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Terms Available

Cash
Yes

Association Info.

Approx. Assoc Fee
570
Assoc. Fee Payable
Monthly
Association Phone
3138711124

Laundry Features

Gas Dryer Hookup
Yes
In Basement
Yes

Assoc. Amenities

Pets Allowed
Yes
Pool
Yes

Exterior Material

Aluminum Siding
Yes
Brick
Yes

Assoc. Fee Incl.

Electricity
Yes
Heat
Yes
Lawn/Yard Care
Yes
Maintenance Structure
Yes
Sewer
Yes
Snow Removal
Yes
Trash
Yes
Water
Yes

Roofing

Asphalt
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Baseboard
Yes

Air Conditioning

Window Unit(s)
Yes

Lower Rooms

Lower Finished SQFT
0
Total Lower SQFT
0

Driveway

Asphalt
Yes

Substructure

Full
Yes

Water Heater

Natural Gas
Yes

Architectural Style

Ranch
Yes

Property Features

Laundry Features: Gas Dryer Hookup; In Basement Exterior Material: Aluminum Siding; Brick Roofing: Asphalt Substructure: Full Sewer: Public Sewer Water: Public Heat Source: Natural Gas Heat Type: Baseboard Air Conditioning: Window Unit(s) Water Heater: Natural Gas Architectural Style: Ranch Driveway: Asphalt Street Type: Paved Terms Available: Cash Sale Conditions: None

Room Information

Primary Bedroom Length: 10.00 Length: 10.00 Width: 14.00 Level: Main Width: 14.00 Bedroom 2 Length: 10.00 Length: 10.00 Width: 12.00 Level: Main Width: 12.00 Living Room Length: 11.00 Length: 11.00 Width: 18.00 Level: Main Width: 18.00 Dining Area Length: 9.00 Length: 9.00 Width: 10.00 Level: Main Width: 10.00 Kitchen Length: 8.00 Length: 8.00 Width: 7.00 Level: Main Width: 7.00 Bathroom 1 Length: 8.00 Length: 8.00 Width: 5.00 Level: Main Width: 5.00 Bathroom 2 Length: 8.00 Length: 8.00 Width: 9.00 Level: Basement Width: 9.00 Laundry Length: 10.00 Length: 10.00 Width: 10.00 Level: Basement Width: 10.00
Listing Office: Remerica Hometown One
Listing Agent: Roy Hibbs
IDX
Last Updated: March - 19 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. 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.
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