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$77,500
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Property Description
Welcome to easy living in this 55+ co-op community! This well-maintained 2-bedroom, 2-bath home features granite countertops, fresh paint, and newer carpet. Enjoy comfortable one-level living plus a full basement with private laundry and additional storage or workspace. Community amenities include a clubhouse, pool, and beautifully maintained grounds--perfect for a relaxed, low-maintenance lifestyle.
Full Property Details
Full Property Details for 25229 Franklin Terrace #5
General
- Sold For: $77,500
- HOA FEE: $570/month
- Taxes: $2,028
- Status: Closed
- Type: Condo
- Source: SWMRIC_MLS
- MLS ID: 26010732
- Added to Site: 115 day(s) ago
Interior
- Number of Rooms: 6
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Pets Allowed, Pool
Location
- County: Oakland
- Subdivision: Colonial Acres
- Cross Streets: 10 Mile and Lafeyete
Community
- Association: Yes
- Assoc. Fees Include: Electricity, Water, Trash, Snow Removal, Sewer, Lawn/Yard Care, Heat
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Public
- Water: Public
Structural Information
- Architectural Style: Ranch
- Construction: Aluminum Siding, Brick
- Basement: Yes
- Roof: Asphalt
- Stories/Levels: 1
- Square Feet: 1,360
- Living Area: 1,360 Sq. Ft.
- Year Built: 1972
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 1,000
- Frontage: Paved
Financial Considerations
- Association Fee: $570
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,028
- Terms: Cash
Disclosures and Reports
- Legal Description: co op
- Property ID: co op
Listed by Remerica Hometown One, Roy Hibbs
Sold by RE/MAX Classic, Marilyn Handloser Engstrom
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Schools
Schools serving 25229 Franklin Terrace #5
School District:South Lyon Community Schools
| Name | Grades | Distance |
|---|---|---|
Frank E. Bartlett School 350 School Street, South Lyon, MI 48178 | K-5 | 0.5 mi |
Centennial Middle School 62500 9 Mile Road, South Lyon, MI 48178 | 6-8 | 1.6 mi |
South Lyon High School 1000 North Lafayette Street, South Lyon, MI 48178 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 25229 Franklin Terrace #5
Date
Details
Price
Change
Source
5/20/2026
Sold
$77,500
-8.72%
MLS
4/21/2026
Price Reduced
$84,900
-5.56%
MLS
3/19/2026
Listed
$89,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
25229 Franklin Terrace #5, South Lyon, MI 48178 (MLS# 26010732) is a Condo property that was sold at $77,500 on May 20, 2026. Want to learn more about 25229 Franklin Terrace #5? Do you have questions about finding other Condo real estate for sale in South Lyon? You can browse all South Lyon real estate or contact a Coldwell Banker agent to request more information.
