Listed price in listed location currency (USD).
$89,000

220

MLS® 20261052372

  • Key Facts
  • Description
  • Map

Key Facts

Type Stock Cooperative
Levels Residential
Size 1060 sqft
Garage 
Taxes 
Days Active 1
Lot Size 
Approx. Age 1973
Avg. Price Per Sqft $83
MLS® Number 20261052372

Property Address: 7-25157 Franklin Ter, South Lyon, MI, 48178-1006

Average square foot calculated using Size range provided by listing agent.

Description

Welcome home to this beautifully maintained, move-in ready ranch co-op in one of South Lyon's most desirable 55+ communities! A beautiful option for affordable, retirement or snow-bird living. Enjoy carefree living with access to a clubhouse, sparkling community pool and beautifully maintained grounds with walking paths. This immaculate home offers over 1, 000 square feet of finished living space including a finished basement. The main level features a spacious living room filled with natural light from the newer Wallside picture window (2021, with a transferable 35-year warranty), an inviting dining area, white kitchen with newer appliances (2020), and a generous primary bedroom with a large walk-in closet and direct access to the backyard patio. The finished lower level nearly doubles your living space with a large recreation/family room, convenient half bath, spacious laundry area, and a second bedroom/flex room (non-conforming; no egress window)—perfect for guests, hobbies, crafts or a home office. Recent improvements include: • New flooring (2020), wall a/c unit (2020), New fiberglass front entry door (2021), Dishwasher (2025). Interior freshly painted in recent years. All appliances stay, including refrigerator, gas range, microwave, dishwasher, washer, dryer and chest freezer. Enjoy maintenance-free living in this vibrant community while still having your own private patio for relaxing outdoors. Summer taxes: $1, 521.85 /Winter taxes: $80.76 (taxes are billed separately by HOA and are not included in the monthly co-op fee). HOA fee does include water, sewer, trash, gas, heat, snow removal, & grounds maintenance. Close to everything South Lyon has to offer, as well as to free-way access. Buyer must apply and be approved by the Co-op. Application fee is $75 for first occupant and $45 for each additional occupant. Buyer is required to pay a $525 closing fee to co-op and $300 to the co-op reserve fund escrow.
MLS® Number20261052372
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1973
BasementFinished, Private
DrivewayParking Lot, No Garage
Garage Spaces
HeatBaseboard, Natural Gas
A/CCeiling Fans, Wall Units

Extras

Price History

-End Date
Not Sold YetSold Price

Other

Jul 9, 2026List Date
$89,000List Price

Home Appraisal

This property is estimated to sell between: $89,000 and $632,000.
Similar properties in this area sold on average for: $450,375
Expected to sell in 17 days. Similar properties sold in 18 days. This home has been on eXp Realty for 1 day.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
25157 Franklin Ter, South Lyon, MI

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