$89,900
South Lyon, MI 48178
MLS# 26010732
2 beds | 2 baths | 760 sqft
1 / 27
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.
Details
Maps
Location & Property Info
Unit #: 5
Cross Streets: 10 Mile and Lafeyete
Property Sub-Type: Condominium
Municipality: South Lyon City
Subdivision: Colonial Acres
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 118.29
General Property Info
New Construction: No
Lot Dimensions: 22x60
Road Frontage: 22
Garage Y/N: No
Waterfront: No
Income Property: No
Basement: Yes
Total Rooms AG: 6
Total Fin SqFt All Levels: 1360
SqFt Above Grade: 760
Below Grade Finished SqFt: 600
Below Grade Unfinished SqFt: 140
Building Total SqFt: 760
Total Beds Above Grade: 2
Main Level Primary: Yes
Stories: 1
School District: South Lyon
Association YN: Yes
Lot Measurement: Acres
Lot Acres: 0.02
Lot Square Footage: 1000
Year Built: 1972
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Tax Info
Taxable Value: 45000
SEV: 45000
For Tax Year: 2025
Seller's Annual Property Tax: 2028
Tax Year: 2025
Homestead %: 100
Spec Assessment & Type: 0
Tax ID #: co op
Remarks & Misc
Public Remarks: 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.
Legal: co op
Street Type
Paved: 1
Sewer
Public Sewer: 1
Water
Public: 1
Terms Available
Cash: 1
Association Info.
Approx. Assoc Fee: 570
Assoc. Fee Payable: Monthly
Association Phone: 3138711124
Laundry Features
Gas Dryer Hookup: 1
In Basement: 1
Assoc. Amenities
Pets Allowed: 1
Pool: 1
Exterior Material
Aluminum Siding: 1
Brick: 1
Assoc. Fee Incl.
Electricity: 1
Heat: 1
Lawn/Yard Care: 1
Maintenance Structure: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Roofing
Asphalt: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Baseboard: 1
Air Conditioning
Window 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: 760
Lower Rooms
Lower Finished SQFT: 0
Total Lower SQFT: 0
Basement Rooms
Basement Full Baths: 1
Basement Finished SQFT: 600
Total Basement SQFT: 740
Driveway
Asphalt: 1
Substructure
Full: 1
Water Heater
Natural Gas: 1
Architectural Style
Ranch: 1
Location Property Info
County: Oakland
Street #: 25229
Street Name: Franklin
Suffix: Terrace
State: MI
Zip Code: 48178
OfficeContract Info
Status: Active
List Price: $89,900
Current Price: $89,900
Listing Date: 2026-03-19
Property Features
Laundry Features: Gas Dryer Hookup; In Basement
Exterior Material: Aluminum Siding; Brick
Roofing: Asphalt
Substructure: Full
Sewer: Public Sewer
Water: Public
Heat Source: Natural Gas
Heat Type: Baseboard
Air Conditioning: Window Unit(s)
Water Heater: Natural Gas
Architectural Style: Ranch
Driveway: Asphalt
Street Type: Paved
Terms Available: Cash
Sale Conditions: None
Room Information
| Room Name | Length | Length | Width | Level | Width |
| Primary Bedroom | 10.00 | 10.00 | 14.00 | Main | 14.00 |
| Bedroom 2 | 10.00 | 10.00 | 12.00 | Main | 12.00 |
| Living Room | 11.00 | 11.00 | 18.00 | Main | 18.00 |
| Dining Area | 9.00 | 9.00 | 10.00 | Main | 10.00 |
| Kitchen | 8.00 | 8.00 | 7.00 | Main | 7.00 |
| Bathroom 1 | 8.00 | 8.00 | 5.00 | Main | 5.00 |
| Bathroom 2 | 8.00 | 8.00 | 9.00 | Basement | 9.00 |
| Laundry | 10.00 | 10.00 | 10.00 | Basement | 10.00 |
Listing Office: Remerica Hometown One
Listing Agent: Roy Hibbs
Last Updated: March - 19 - 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.