17 days on rocket

25251 Franklin Ter Unit 6, South Lyon, MI, 48178

$69,900

Home List Price

$830*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
1,100 SqFt
$64/SqFt
Condo
Schools Nearby

Location

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25251 Franklin Ter Unit 6, South Lyon$69,900

Buyer Closing Credits

$830*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1979
HeatingBaseboard, Natural Gas
CoolingWall Unit(s)
BasementYes
Private PoolYes
MLS #24016886
StatusActive

About 25251 Franklin Ter Unit 6

Welcome to 25251 Franklin Terrace, a charming condo nestled in the heart of South Lyon. Boasting 1 cozy bedroom and 1.1 bathrooms, this home is perfect for those seeking comfort and convenience. Step into a lifestyle of ease, with minimal outdoor upkeep and an array of services managed by a cost-effective condo association, including water, sewage, gas, heating, trash removal, snow clearance, and meticulous landscaping. Enjoy main floor living, replete with ample storage space and a versatile flex room that can cater to your unique needs. Partially finished basement with half bath, washer & dryer hookups are already in place. The friendly neighborhood offers pleasant neighbors and a pool at the clubhouse, plus ongoing activities for seniors such as pot lucks and card nights. Good schools.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1979
  • Stories: 1
  • Living Area: 1,100 SqFt

Listing Office:

  • Office Name: KW Professionals
  • Office Phone: (734) 459-4700
  • Listing Agent: Jeff Glover

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Private Pool: Yes

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas
  • Cooling: 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: Pontiac Trl / 11 Mile Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $69,900
  • Price Per SqFt: $64/SqFt

HOA Fees:

  • Amount: $498
  • 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

$439.4K

Med. Price/SqFt

$202

Avg. Days On Market

20

# of Sold Homes

26

25251 Franklin Ter Unit 6 vs South Lyon

17 DAYS ON ROCKET

-3 Days

$69,900

-$369.5K Less

$64/SqFt

-$139 Less

KEY TAKEAWAY

This property is $369.5K less than the Median Sold Price and $139/SqFt less than other homes in South Lyon, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24016886

Listing Office:

  • Office Name: KW Professionals
  • Office Phone: (734) 459-4700
  • Listing Agent: Jeff Glover

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 11:20:21 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

$914

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$276

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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-2205556
7
/10

  • Frank E. Bartlett Elementary School

  • 350 School St

  • 0.52 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-2205557
6
/10

  • Centennial Middle School

  • 62500 9 Mile Rd

  • 1.63 miles

  • Public District Grades 6-8

High School

school-card-donut-2205558
7
/10

  • South Lyon High School

  • 1000 N Lafayette St

  • 0.14 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. The majority of 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 25251 Franklin Ter Unit 6

What is the listing price of this property?

The listing price of 25251 Franklin Ter Unit 6 property is $69,900.

What type of property is this?

The property 25251 Franklin Ter Unit 6 is a condo located in South Lyon, Michigan, 48178.

Is this property for sale now?

Active Listing: 25251 Franklin Ter Unit 6 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 25251 Franklin Ter Unit 6 are:
Frank E. Bartlett Elementary School: GreatSchools Rating 7/10
Centennial Middle School: GreatSchools Rating 6/10
South Lyon High School: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 25251 Franklin Ter Unit 6 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 25251 Franklin Ter Unit 6 is 1,100 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 25251 Franklin Ter Unit 6 is 1979.

Rocket Homes›Michigan›Oakland County›South Lyon›48178›25251 Franklin Ter Unit 6

This home is located at 25251 Franklin Ter Unit 6 in South Lyon, MI and zip code 48178. This 1,100 square foot home was built in 1979. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since April 10, 2024 and is currently priced at $69,900.

Over 9 listings were sold over their listed price in March 2024 in South Lyon, MI. In the same period over 12 listings were sold below the listed price and 5 listings were sold for the listed price. Between February 2024 and March 2024, South Lyon, MI real estate market has seen increase in the number of listings by 18.3%. While the average time on the market in March 2024 was 20 days, the median list price was $439,410.

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

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