16 days on rocket

25127 Franklin Ter, South Lyon, MI, 48178

$85,000

Home List Price

$1,009*

Closing Credit

1 Bedroom
2 Full Baths
750 SqFt
$113/SqFt
Condo
Schools Nearby

Location

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25127 Franklin Ter, South Lyon$85,000

Buyer Closing Credits

$1,009*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1978
HeatingNatural Gas, Baseboard, Hot Water
CoolingCeiling Fan(s), Wall Unit(s)
BasementYes
Private PoolYes
MLS #20240027908
StatusActive

About 25127 Franklin Ter

Adult Co-op 55 and older. 1 large bedroom with three season room. Lower level has a large finished area as well as lots of storage! 1/2 bath but also a separate shower in laundry room. Only a few steps to enter this unit that is super clean and ready for your own decorating ideas. The association covers heating, sewer, water, trash and all outside maintenance. Lots of community events to enjoy along with the outdoor pool and clubhouse.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1978
  • Stories: 1
  • Living Area: 750 SqFt

Listing Office:

  • Office Name: Preview Properties PC
  • Office Phone: (810) 220-0000
  • Listing Agent: Valerie Potts

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Refrigerator, Microwave, Washer
  • Basement: Yes
  • Interior: Cable Available

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Grounds Maintenance, Lighting, Private Entry, Pool – Community

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard, Hot Water
  • Cooling: Ceiling Fan(s), Wall Unit(s)

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 Heritage Blvd west off Pontiac Trail, Right at first street. Turn left at first court.

Price Information

Listing Price Info

Price Summary:

  • List Price: $85,000
  • Price Per SqFt: $113/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

25127 Franklin Ter vs South Lyon

16 DAYS ON ROCKET

-25 Days

$85,000

-$355.2K Less

$113/SqFt

-$91 Less

KEY TAKEAWAY

This property is $355.2K less than the Median Sold Price and $91/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: #20240027908

Listing Office:

  • Office Name: Preview Properties PC
  • Office Phone: (810) 220-0000
  • Listing Agent: Valerie Potts

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: 5/16/2024, 9:20:37 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.

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$1,027

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$321

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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-2216704
7
/10

  • Frank E. Bartlett Elementary School

  • 350 School St

  • 0.44 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-2216705
5
/10

  • Centennial Middle School

  • 62500 9 Mile Rd

  • 1.55 miles

  • Public District Grades 6-8

High School

school-card-donut-2216706
8
/10

  • South Lyon High School

  • 1000 N Lafayette St

  • 0.17 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. The most common annual income of people living in South Lyon, MI is less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 25127 Franklin Ter

What is the listing price of this property?

The listing price of 25127 Franklin Ter property is $85,000.

What type of property is this?

The property 25127 Franklin Ter is a condo located in South Lyon, Michigan, 48178.

Is this property for sale now?

Active Listing: 25127 Franklin Ter is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 25127 Franklin Ter 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 25127 Franklin Ter has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 25127 Franklin Ter is 750 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 25127 Franklin Ter is 1978.

Rocket Homes›Michigan›Oakland County›South Lyon›48178›25127 Franklin Ter

This home is located at 25127 Franklin Ter in South Lyon, MI and zip code 48178. This 750 square foot home was built in 1978. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since April 29, 2024 and is currently priced at $85,000.

In April 2024, from all listings sold in South Lyon, MI there were more than 16 sold above asking price, over 16 sold below and more than 4 were sold right at the asked price. The number of listings in South Lyon, MI increased by 55.8% between March 2024 and April 2024. While the average time on the market in April 2024 was 41 days, the median list price was $440,262.

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

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