Back 7/25157 Franklin Terrace
Active

7/25157 Franklin Terrace

South Lyon MI 48178

2
2
1200 sq. ft.
Condo
Currently for sale - view listing

Overview

Welcome home to this beautifully maintained, move-in ready ranch co-op in one of South Lyon's most desirable 55+ communities! A beautiful option for affordable, retirement or snow-bird living. Enjoy carefree living with access to a clubhouse, sparkling community pool and beautifully maintained grounds with walking paths. This immaculate home offers over 1,000 square feet of finished living space including a finished basement. The main level features a spacious living room filled with natural light from the newer Wallside picture window (2021, with a transferable 35-year warranty), an inviting dining area, white kitchen with newer appliances (2020), and a generous primary bedroom with a large walk-in closet and direct access to the backyard patio. The finished lower level nearly doubles your living space with a large recreation/family room, convenient half bath, spacious laundry area, and a second bedroom/flex room (non-conforming; no egress window)--perfect for guests, hobbies, crafts or a home office. Recent improvements include: * New flooring (2020), wall a/c unit (2020), New fiberglass front entry door (2021), Dishwasher (2025). Interior freshly painted in recent years. All appliances stay, including refrigerator, gas range, microwave, dishwasher, washer, dryer and chest freezer. Enjoy maintenance-free living in this vibrant community while still having your own private patio for relaxing outdoors. Summer taxes: $1,521.85 /Winter taxes: $80.76 (taxes are billed separately by HOA and are not included in the monthly co-op fee). HOA fee does include water, sewer, trash, gas, heat, snow removal, & grounds maintenance. Close to everything South Lyon has to offer, as well as to free-way access. Buyer must apply and be approved by the Co-op. Application fee is $75 for first occupant and $45 for each additional occupant. Buyer is required to pay a $525 closing fee to co-op and $300 to the co-op reserve fund escrow.

Features

2 bedrooms
2 bathrooms
1200 sq. ft. floor area
Condo

Property history for 7/25157 Franklin Terrace

2020
Sold
$57,400
17 Aug 2020 by Darlene Hamilton, of Team Hamilton Real Estate

Happy sellers in South Lyon

90%
90% of sellers in South Lyon reported that their sale price either exceeded or met their price expectations.

South Lyon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 16 reviews in South Lyon over the last 12 months.

Local market activity for 2 bedroom condos in South Lyon

In the last 12 months, 110 two-bedroom condos similar to 7/25157 Franklin Terrace, have been sold.

This represents a 12% decrease in two-bedroom condos sales when compared to the previous 12 months.

© 2026 RateMyAgent