25204 Franklin Terrace 6, South Lyon, MI 48178
$90,000
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
800
Status:
Active
Current Price:
$90,000
List Date:
1/06/2026
Last Modified:
2/18/2026
Description
Charming 2 bedroom, 2 full bath ranch in South Lyon. Colonial Acres is a 55+ community, set in the heart of South Lyon. Enjoy the convenience of a ranch home with a full finished basement and plenty of storage. The home features an enclosed patio for enjoying the seasons! Community amenities include an outdoor pool, clubhouse and community room with many scheduled community-wide events throughout the year. This is a fantastic opportunity for instant equity with just a few cosmetic updates. All buyers will need to be approved through the Coop and fill out an application in the main office, as part of the approval process. BATVAI
More Information MLS# 26000157
Location & Property Info
Unit #: 6
Cross Streets: Heritage & Franklin
Property Sub-Type: Condominium
Area: Oakland County - 70
Municipality: South Lyon City
Subdivision: Colonial Acres 11 Mile Cooperative
Office/Contract Info
On-Market Date: 2026-01-06
Auction or For Sale: For Sale
List Price/SqFt: 112.5
Ownership Type: Private Owned
General Property Info
New Construction: No
Lot Dimensions: 0
Road Frontage: 0
Garage Y/N: No
Waterfront: No
Income Property: No
Basement: Yes
Condo Proj Name: Colonial Acres 11 Mile Cooperative
Total Rooms AG: 8
Total Fin SqFt All Levels: 1500
SqFt Above Grade: 800
Below Grade Finished SqFt: 700
Below Grade Unfinished SqFt: 100
Building Total SqFt: 1500
Total Beds Above Grade: 2
Main Level Primary: Yes
Stories: 1
School District: South Lyon
Association YN: Yes
Lot Measurement: Acres
Year Built: 1978
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Tax Info
Taxable Value: 0
SEV: 0
For Tax Year: 2024
Seller's Annual Property Tax: 1215
Tax Year: 2024
Homestead %: 100
Spec Assessment & Type: 0
Remarks & Misc
Public Remarks: Charming 2 bedroom, 2 full bath ranch in South Lyon. Colonial Acres is a 55+ community, set in the heart of South Lyon. Enjoy the convenience of a ranch home with a full finished basement and plenty of storage. The home features an enclosed patio for enjoying the seasons! Community amenities include an outdoor pool, clubhouse and community room with many scheduled community-wide events throughout the year. This is a fantastic opportunity for instant equity with just a few cosmetic updates. All buyers will need to be approved through the Coop and fill out an application in the main office, as part of the approval process. BATVAI
Legal: Colonial Acres Co-op building #22, Unit #6
Waterfront Options
Water Access Y/N: No
Street Type
Paved: 1
Public: 1
Utilities Attached
Cable Connected: 1
High Speed Internet: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public: 1
Terms Available
Cash: 1
Association Info.
Approx. Assoc Fee: 570
Assoc. Fee Payable: Monthly
Association Phone: (248) 437-8907
Laundry Features
In Basement: 1
In Unit: 1
Assoc. Amenities
Clubhouse: 1
Meeting Room: 1
Pets Allowed: 1
Pool: 1
Exterior Material
Brick: 1
Assoc. Fee Incl.
Lawn/Yard Care: 1
Maintenance Structure: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Roofing
Shingle: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Baseboard: 1
Air Conditioning
Wall Unit(s): 1
Access Feat
Accessibility Features: No
Upper Rooms
Total Baths Above Grade: 1
Main Rooms
Main Bedrooms: 2
Main Full Baths: 1
Main Level SQFT: 800
Lower Rooms
Lower Finished SQFT: 0
Total Lower SQFT: 0
Basement Rooms
Basement Full Baths: 1
Basement Finished SQFT: 700
Total Basement SQFT: 800
Substructure
Full: 1
Windows
Insulated Windows: 1
Pool
In Ground: 1
Outdoor: 1
Kitchen Features
Breakfast Nook: 1
Additional Items
Basement Finished: 1
Appliances
Dishwasher: 1
Dryer: 1
Oven: 1
Refrigerator: 1
Washer: 1
Exterior Features
3 Season Room: 1
Scrn Porch: 1
Patio and Porch Features
Porch(es): 1
Covered: 1
Enclosed: 1
Screened: 1
Flooring
Carpet: 1
Tile: 1
Vinyl: 1
Architectural Style
Ranch: 1
Possession
Close Plus 30 Days: 1
Negotiable: 1
Location Property Info
County: Oakland
Street #: 25204
Street Name: Franklin
Suffix: Terrace
State: MI
Zip Code: 48178
OfficeContract Info
Status: Active
List Price: $90,000
Current Price: $90,000
Listing Date: 2026-01-02
Remarks Misc
Directions: Heritage to Franklin Terrace
Property Features
Laundry Features: In Basement; In Unit
Exterior Material: Brick
Roofing: Shingle
Windows: Insulated Windows
Substructure: Full
Sewer: Public Sewer
Water: Public
Utilities Attached: Cable Connected; High Speed Internet; Natural Gas Connected
Kitchen Features: Breakfast Nook
Additional Items: Basement Finished
Appliances: Dishwasher; Dryer; Oven; Refrigerator; Washer
Heat Source: Natural Gas
Heat Type: Baseboard
Air Conditioning: Wall Unit(s)
Exterior Features: 3 Season Room; Scrn Porch
Flooring: Carpet; Tile; Vinyl
Patio and Porch Features: Covered; Enclosed; Porch(es); Screened
Pool: In Ground; Outdoor
Architectural Style: Ranch
Street Type: Paved; Public
Terms Available: Cash
Possession: Close Plus 30 Days; Negotiable
Sale Conditions: None
Room Information
Kitchen
Length: 6.00
Length: 6.00
Width: 8.00
Level: Main
Width: 8.00
Dining Room
Length: 6.00
Length: 6.00
Width: 8.00
Level: Main
Width: 8.00
Living Room
Length: 11.00
Length: 11.00
Width: 18.00
Level: Main
Width: 18.00
Family Room
Length: 17.00
Length: 17.00
Width: 20.00
Level: Basement
Width: 20.00
Laundry
Level: Basement
Primary Bedroom
Level: Main
Bathroom 1
Level: Main
Bedroom 2
Level: Main
Bathroom 2
Level: Basement
Listing Office:
Howard Hanna Real Estate
Listing Agent:
Tami Simpson
Last Updated: February - 18 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. 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.
