15 days on rocket

Sale Pending

25325 Franklin Ter Unit 3, South Lyon, MI, 48178

$93,400

Home List Price

$1,109*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
750 SqFt
$125/SqFt
Condo
Schools Nearby

Location

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25325 Franklin Ter Unit 3, South Lyon$93,400

Buyer Closing Credits

$1,109*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Parking1 Assigned Space
Year Built1979
HeatingNatural Gas, Baseboard, Hot Water
CoolingCentral Air
BasementYes
Private PoolYes
MLS #20240031493
StatusSale Pending
(Pending)

About 25325 Franklin Ter Unit 3

Hello and welcome to Colonial Acres! I'm thrilled to introduce you to our wonderful community designed exclusively for those aged 55 and older. At Colonial Acres, we believe in making life easier for our residents. Say goodbye to the hassle of lawn care, shrub trimming, and snow removal. We've got all that covered, allowing you to focus on what truly matters – enjoying life to the fullest! Our clubhouse pool is the perfect spot to relax and unwind. Whether you're looking to take a leisurely swim or simply soak up the sun, it's your oasis of tranquility right in your backyard. Convenience is at your doorstep with our prime location near freeways and shopping centers. Running errands has never been easier, giving you more time to explore all that South Lyon has to offer. Experience the luxury of spacious living with our fully finished basements. Whether you're in need of extra storage space or dreaming of creating your own personal sanctuary, the possibilities are endless. Embrace the beauty of every season in our charming three-season room. It's the perfect spot to enjoy the outdoors while staying cozy and comfortable indoors. With exterior painting, trash pickup, and roof repairs taken care of, you can rest easy knowing that your home is well-maintained year-round. Join our vibrant community at Colonial Acres and discover the joys of hassle-free living. Schedule a tour today and see why so many residents are proud to call this place home!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1979
  • Stories: 1
  • Living Area: 750 SqFt

Listing Office:

  • Office Name: Coldwell Banker Town & Country
  • Office Phone: (810) 227-1111
  • Listing Agent: Terry Gill

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator
  • Basement: Yes
  • Interior: Smoke Alarm, 100 Amp Service

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Club House, Lighting, Pool – Community, Pool - Inground

Parking Information:

  • Parking: 1 Assigned Space

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard, Hot Water
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • South Lyon High School, Public District Grades 9-12
  • Centennial Middle School, Public District Grades 6-8
  • Frank E. Bartlett Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Enter Colonial Acres complex on Heritage Blvd to Franklin Terrace last cul-de-sac on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $93,400
  • Price Per SqFt: $125/SqFt

HOA Fees:

  • Amount: $535
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in South Lyon, MI.

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South Lyon, MI

City

Med. Sold Price

$440.2K

Med. Price/SqFt

$204

Avg. Days On Market

41

# of Sold Homes

36

25325 Franklin Ter Unit 3 vs South Lyon

15 DAYS ON ROCKET

-26 Days

$93,400

-$346.8K Less

$125/SqFt

-$79 Less

KEY TAKEAWAY

This property is $346.8K less than the Median Sold Price and $79/SqFt less than other homes in South Lyon, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240031493

Listing Office:

  • Office Name: Coldwell Banker Town & Country
  • Office Phone: (810) 227-1111
  • Listing Agent: Terry Gill

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 12:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,069

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$347

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5950118
7
/10

  • Frank E. Bartlett Elementary School

  • 350 School St

  • 0.56 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-5950119
5
/10

  • Centennial Middle School

  • 62500 9 Mile Rd

  • 1.68 miles

  • Public District Grades 6-8

High School

school-card-donut-5950120
8
/10

  • South Lyon High School

  • 1000 N Lafayette St

  • 0.13 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,363. Most South Lyon, MI residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 25325 Franklin Ter Unit 3

What is the listing price of this property?

The listing price of 25325 Franklin Ter Unit 3 property is $93,400.

What type of property is this?

The property 25325 Franklin Ter Unit 3 is a condo located in South Lyon, Michigan, 48178.

Is this property for sale now?

Sale Pending: 25325 Franklin Ter Unit 3 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 25325 Franklin Ter Unit 3 are:
Frank E. Bartlett Elementary School: GreatSchools Rating 7/10
Centennial Middle School: GreatSchools Rating 5/10
South Lyon High School: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 25325 Franklin Ter Unit 3 has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 25325 Franklin Ter Unit 3 is 750 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 25325 Franklin Ter Unit 3 is 1979.

Rocket Homes›Michigan›Oakland County›South Lyon›48178›25325 Franklin Ter Unit 3

This home is located at 25325 Franklin Ter Unit 3 in South Lyon, MI and zip code 48178. This 750 square foot home was built in 1979. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $93,400.

Over 16 listings were sold over their listed price in April 2024 in South Lyon, MI. In the same period over 16 listings were sold below the listed price and 4 listings were sold for the listed price. The inventory of homes for sale in South Lyon, MI between March 2024 and April 2024 increased by 55.8%. The median list price of listings available in April 2024 was $440,262, while the average time on the real estate market was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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