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Tru Living Group LLC

infomi@trulivingroup.com +1(734) 746-5001

$ 89,000

Est. payment -/mo

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Active

25157 Franklin Terrace #7 South Lyon, MI 48178

2 Beds

2 Baths

600 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type StockCooperative

Listing Status Active

Purchase Type For Sale

Square Footage 600 sqft

Price per Sqft $148

Subdivision Colonial Acres Sub

MLS Listing ID 20261052372

Style Ranch

Bedrooms 2

Full Baths 1

Half Baths 1

HOA Fees $530/mo

Year Built 1973

Property Sub-Type StockCooperative

Property Description

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.

Location

State MI

County Oakland

Area Area02212Southlyon

Rooms

Basement Finished, Private

Interior

Heating Baseboard, Natural Gas

Cooling Ceiling Fans, Wall Units

Fireplace No

Exterior

Exterior Feature GroundsMaintenance, Lighting, PrivateEntrance

Parking Features ParkingLot, NoGarage

Pool Community, InGround, OutdoorPool

Community Features Clubhouse

View Y/N No

Roof Type Asphalt

Garage false

Building

Foundation Basement, Poured, SumpPump

Sewer Public Sewer

Water Public

New Construction No

Schools

School District South Lyon

Others

Senior Community false

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Breed Restrictions, Number Limit, Size Limit, Yes

Listed by Kristyn St Clair of EXP Realty - Northville

NEARBY SCHOOL

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