$125,000
SOLD DEC 27, 2024

25228 Franklin Terrace Unit 4 South Lyon, MI 48178

2 Beds
1.5 Baths
800 Sq Ft
$535/mo HOA Fee

Recently Sold

$156 Per Sq Ft

4% Below List Price

202 Days on Market

Highlights

  • Outdoor Pool
  • Clubhouse
  • Covered patio or porch
  • Senior Community
  • Ranch Style House
  • Ceiling Fan

About This Home

As of December 2024

Land Contract Available! Welcome home to Colonial Acres 55 and older Co-op. Land Contract terms available. Freshly updated Franklin Terrace...Two bedroom bath and a half Entire unit is completely remodeled floor 2 ceiling. Gourmet Kitchen White cabinets Custom granite countertops Gourmet sink and faucet. Newer disposal Newer vinyl windows New toilet, new cabinets  Vanity with storage, Newly titled tub n floor. Freshly painted light gray walls white trim. White wainscoting in dining room walls. Luxury vinyl plank flooring Kitchen, dining, hall, living room New carpeting in  bedrooms n lower level New lighting fixtures. Recess lights kitchen n lower level Over the sink light 2x4 built sun room/ verticals/ carpeted Name brand white appliances including microwave. HOA includes Trash lawn and building maintenance gas and water snow removal for easy living.
Nice laundry room Maytag washer dryer. Huge lower level n storage room w shelves
Subway tile backsplash with accent tile kitchen Window treatments

Last Agent to Sell the Property

Cheryl McKinnon

Real Estate One-Northville License #6501275487

Real Estate One-Northville

Co-Listed By

Steven Potocsky

Real Estate One-Northville License #6502358793

Last Buyer's Agent

Ashley Bosco

Realty Concierge Group License #6501429033

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1978

HOA Fees

  • $535 Monthly HOA Fees

Parking

  • 1 Parking Garage Space

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 800 Sq Ft Home
  • Ceiling Fan
  • Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Outdoor Pool
  • Covered patio or porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Shared Water Meter
  • Cable TV Available

Community Details

Overview

  • Senior Community
  • Denise Association
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1978

Lot Details

0

HOA Fees

$535 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1978
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 9
  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 1200
  • Sq Ft Lower Floor: 400
  • Total Sq Ft: 800
  • Sq Ft Total Bsmt: 725

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Club House, Grounds Maintenance, Lighting, Pool – Community
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: 1 Assigned Space

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Common
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Gas, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: colonialacres@sbcglobal.net
  • Association Fee: 535
  • Association Contact: Denise
  • Association Fee: Yes

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • Lot Features: 55+ Community

Rental Info

  • Deposit Amount: 30000.00

MLS Schools

  • School District: South Lyon

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold $125,000 -3.8% $156 / Sq Ft
12/27/2024 12/27/24 Pending -- -- --
12/06/2024 12/06/24 For Sale $129,900 +3.9% $162 / Sq Ft
11/29/2024 11/29/24 Off Market $125,000 -- --
07/02/2024 07/02/24 Price Changed $129,900 -3.0% $162 / Sq Ft
06/07/2024 06/07/24 For Sale $133,900 +80.9% $167 / Sq Ft
01/19/2024 01/19/24 Sold $74,000 -10.3% $93 / Sq Ft
12/28/2023 12/28/23 Pending -- -- --
12/06/2023 12/06/23 Price Changed $82,500 -2.9% $103 / Sq Ft
11/01/2023 11/01/23 Price Changed $85,000 -5.6% $106 / Sq Ft
10/24/2023 10/24/23 Price Changed $90,000 -16.3% $113 / Sq Ft
09/27/2023 09/27/23 Price Changed $107,500 -4.4% $134 / Sq Ft
09/20/2023 09/20/23 Price Changed $112,500 -2.2% $141 / Sq Ft
09/01/2023 09/01/23 For Sale $115,000 -- $144 / Sq Ft
Source: Realcomp

About the Listing Agent

Cheryl McKinnon
Cheryl McKinnon

Real Estate One-Northville

(248) 798-3555

Section Image

I'm an expert real estate agent with Remerica United Realty- Novi, MI and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.

View Cheryl's Profile

Cheryl's Other Listings

  • 25234 Franklin Terrace Unit 1, South Lyon, MI 48178

    $135,000

    • 2 Beds
    • 1.5 Baths
    • 850 Sq Ft
    • 25234 Franklin Terrace
    • Unit 1
    • South Lyon, MI

    Welcome to Colonial Acres Co-Operative for the 55+ community. This highly sought after end unit was Remodeled in 2022- Bright Kitchen, cabinets, granite, subway tile backsplash. Large Breakfast nook, living room with electric fireplace, Over the fire place, Flat screen TV. Walk-in shower (updated) Bathroom. Easy care laminate floors. 2 nicely sized carpeted bedrooms. Some newer windows. Paver

    Cheryl McKinnon Real Estate One-Northville

  • 25159 Franklin Terrace Unit 8, South Lyon, MI 48178

    $139,000 Open Sat 12PM - 2PM

    • 1 Bed
    • 2 Baths
    • 820 Sq Ft
    • 25159 Franklin Terrace
    • Unit 8
    • South Lyon, MI

    Updated in 2025, this unique end-unit at the desirable 55+ Colonial Acres Co-op offers low maintenance living and plenty of natural light. Freshly painted, one bedroom and two bathrooms with walk-in showers, this home has convenient first floor laundry equipped with an all-in-one washer and dryer. The kitchen showcases new bright-white Shaker style cabinetry, granite counter tops w/ a gourmet

    Cheryl McKinnon Real Estate One-Northville

  • 25384 Potomac Dr Unit 8, South Lyon, MI 48178

    $133,000 Sold Jul 29, 2024

    • 2 Beds
    • 1.5 Baths
    • 1,650 Sq Ft
    • 25384 Potomac Dr
    • Unit 8
    • South Lyon, MI

    The largest first floor unit in all of Colonial Acres ~ Very desirable end unit. 55 and over property. Two bedroom, bath and a half unit is completely remodeled floor to ceiling. New Gourmet Kitchen extended from original size features white cabinets, granite countertops, new disposal, Subway tile backsplash, name brand white appliances including microwave, Gourmet sink and faucet. Freshly

    Cheryl McKinnon Real Estate One-Northville

  • 25225 Potomac Dr Unit 8, South Lyon, MI 48178

    $150,000 Sold Mar 15, 2025

    • 2 Beds
    • 2 Baths
    • 875 Sq Ft
    • 25225 Potomac Dr
    • Unit 8
    • South Lyon, MI

    Highly Prized remodeled 2 bedroom end unit located in 55 and over Colonial Acres of S. Lyon 2 bath.Sunroom. Easy care designer laminate flooring. Beautifully updated Kitchen with island, newer appliances, and a room with a water view. Open floor plan plenty of space to entertain. 2 bedrooms updated bathroom vanity fixture and flooring. Basement has new carpet and cabinets for a mini

    Cheryl McKinnon Real Estate One-Northville

  • 5375 Pleasant Valley Rd, Brighton, MI 48114

    $415,000 Sold Feb 07, 2025

    • 2 Beds
    • 1 Bath
    • 1,126 Sq Ft
    • 5375 Pleasant Valley Rd
    • Brighton, MI

    Great investment opportunity. Possible rehab home or demolish the structure. Lot size 660x660, 10 acres of natural beauty, up-north feel less than 5 minutes to highway access 23 & 96. Brighton, Novi, & Ann Arbor less than 30 minutes away (minus construction detours). 42 miles to Comerica Park. 21 Miles to University of Michigan. 45 miles to Michigan State University. Toledo Zoo only 77 Miles.

    Cheryl McKinnon Real Estate One-Northville

  • 33574 Colony Park Dr, Farmington Hills, MI 48331

    $382,000 Sold Apr 30, 2024

    • 4 Beds
    • 2.5 Baths
    • 2,122 Sq Ft
    • 33574 Colony Park Dr
    • Farmington Hills, MI

    Open House Sat.4/6/2024 form 12-3pm Check out this Farmington Hills, Colonial located at 13 Mile and Drake Rds. Colony Park Sub. This spacious, over 2,100 sq.ft. home on a premium lot backing to 17 acres of commons area, great for the nature enthusiast. This picturesque Street is something to be proud of, mature trees and perfectly manicured homes. All wood windows, hardwood floors, newer A/C and

    Cheryl McKinnon Real Estate One-Northville

Source: Realcomp

MLS Number: 20240038374

Realcomp

Michigan Oakland County South Lyon 48178

25228 Franklin Terrace Unit 4, South Lyon, MI

Homes for Sale in South Lyon, MI

This home is located at 25228 Franklin Terrace Unit 4, South Lyon, MI 48178 and is currently priced at $125,000, approximately $156 per square foot. This property was built in 1978. 25228 Franklin Terrace Unit 4 is a home located in Oakland County with nearby schools including Frank E. Bartlett School, Centennial Middle School, and South Lyon High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393