Unit #: 6
Cross Streets: Heritage & Franklin
Property Sub-Type: Condominium
Area: Oakland County - 70
Municipality: South Lyon City
Subdivision: Colonial Acres 11 Mile Cooperative
On-Market Date: 2026-01-06
Auction or For Sale: For Sale
List Price/SqFt: 112.5
Ownership Type: Private Owned
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
Taxable Value: 0
SEV: 0
For Tax Year: 2024
Seller's Annual Property Tax: 1215
Tax Year: 2024
Homestead %: 100
Spec Assessment & Type: 0
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
Cable Connected: 1
High Speed Internet: 1
Natural Gas Connected: 1
Approx. Assoc Fee: 570
Assoc. Fee Payable: Monthly
Association Phone: (248) 437-8907
In Basement: 1
In Unit: 1
Clubhouse: 1
Meeting Room: 1
Pets Allowed: 1
Pool: 1
Lawn/Yard Care: 1
Maintenance Structure: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Accessibility Features: No
Total Baths Above Grade: 1
Main Bedrooms: 2
Main Full Baths: 1
Main Level SQFT: 800
Lower Finished SQFT: 0
Total Lower SQFT: 0
Basement Full Baths: 1
Basement Finished SQFT: 700
Total Basement SQFT: 800
Dishwasher: 1
Dryer: 1
Oven: 1
Refrigerator: 1
Washer: 1
3 Season Room: 1
Scrn Porch: 1
Porch(es): 1
Covered: 1
Enclosed: 1
Screened: 1
Carpet: 1
Tile: 1
Vinyl: 1
Close Plus 30 Days: 1
Negotiable: 1
County: Oakland
Street #: 25204
Street Name: Franklin
Suffix: Terrace
State: MI
Zip Code: 48178
Status: Active
List Price: $90,000
Current Price: $90,000
Listing Date: 2026-01-02
Directions: Heritage to Franklin Terrace
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