Active listing · MLS #20261049511

25245 Franklin Terrace, Unit 3, South Lyon

$119,900

Photo 1 of 25245 Franklin Terrace, Unit 3
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About this home

Completely turnkey, beautifully remodeled co-op in a desirable 55+ community—just move in and enjoy! Freshly painted throughout with new flooring in the main living areas and new carpet in the bedrooms. The main-level full bathroom has been completely remodeled with a new vanity, tile flooring, and toilet. New light fixtures and ceiling fans have been installed throughout the home. The updated kitchen features granite countertops, newer appliances, and a brand-new microwave (to be installed this week). The finished basement offers additional living space with a recently remodeled half bath, a large recreation area perfect for entertaining, and plenty of storage. Additional updates include newer windows. Enjoy low-maintenance living with community amenities including a clubhouse and pool, while the HOA fee includes water. Conveniently located close to downtown South Lyon, where you'll find charming shops, restaurants, parks, and year-round community events.

The facts

Price$119,900
Original price$130,000
Price cut−$10,100
Beds2
Baths2
Square feet1,700
TypeStockCooperative
SubdivisionCOLONIAL ACRES SUB
CountyOakland
MLS #20261049511
Listed2026-07-01
Days on market65
Year built1975
Listing officeNational Realty Centers, Inc
Budget the uncapped bill, not the seller's. Michigan taxable value resets the year after closing to roughly half the price — whatever this seller currently pays. Run the uncapping calculator on this price before you offer, and see South Lyon's full tax breakdown.

Ask Match Realty about this home

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-09-04T09:58-04:00; refreshed at least twice daily.