NOT LISTED FOR SALE

22512 Sheridan Rd Novi, MI 48375

Estimated Value: $411,000 - $434,449

4 Beds
2 Baths
1,734 Sq Ft
$244/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $350,000 $202 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,737/month

25 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Corner Lot
  • Village Oaks Elementary School Rated A+
  • Deck
  • Porch

About This Home

As of September 2023

***Why rent when you can own this 4 bedroom/2 bath bi-level home in Novi with highly acclaimed Novi schools? Neutral paint and hardwood floors throughout the living areas of both levels with new carpet in all bedrooms (7/2023). Windows provide plenty of natural sunlight! The upper/entry level offers a kitchen with granite counters, a spacious dining room, newer recessed lighting in the living room, three bedrooms and a main bath. A door-wall off the living room leads to a recently refinished upper level deck. The lower level offers more living space- a family room with a charming fireplace, a fourth bedroom, laundry room and full bath. A door-wall walkout in the lower level leads to a stamped concrete patio and expansive yard for entertaining and enjoying the outdoors. Buyers agent to verify all information.

Last Agent to Sell the Property

Ellen Frink

@properties Christie's Int'l RE Northville License #6501341287 Listed on: 07/20/2023

@properties Christie's Int'l RE Northville

Last Buyer's Agent

Parvathee Subramaniam

Key Realty License #6501442846

Key Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1972

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 95.00 x 125.00
  • Corner Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Split Level Home
  • Bi-Level Home
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,734 Sq Ft Home
  • Gas Fireplace

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Crawl Space

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Porch

Location

  • Mid level unit with steps

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2225379012

Community Details

Overview

  • Heatherwyke Sub Subdivision

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,653

Year Built

Built in 1972

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Split Level
  • Architecture Level: Bi-Level
  • Year Built: 1972
  • State Equalized Value: 142620.0000
  • Entry Location: Mid Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Furnished - No
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 2334
  • Sq Ft Lower Floor: 600
  • Total Sq Ft: 1734
  • Sq Ft Total Bsmt: 650

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Crawl, Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Club House, Pool - Inground
  • Foundation Materials: Block
  • Frontage Feet: 95
  • Porch Type: Deck, Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: Village Oaks HOA
  • Association Fee: 297
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Corner Lot
  • Lot Size Area: 0.27
  • Lot Dimensions: 95.00 x 125.00
  • Parcel Number: 2225379012

Tax Info

  • Tax Amount Summer: 3823.9600
  • Tax Amount Winter: 830.0000
  • Total Tax: 4653.0000
  • Taxable Value: 120540.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Sep 5, 2023
Sold by
Murugesan Sivakumar and Murugesan Sathyabama
Bought by
Balla Naga Bhaskara Rao and Balla Lakshmi Naga
Seller's Agent
Ellen Frink
@properties Christie's Int'l RE Northville
Buyer's Agent
Parvathee Subramaniam
Key Realty
List Price
$349,800
Sold Price
$350,000
Premium/Discount to List
$200
0.06%
Views
134
Current Estimated Value
$422,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,362
Avg. Annual Appreciation
8.33%
Original Mortgage
$332,500
Outstanding Balance
$327,224
Interest Rate
7.18%
Estimated Equity
$82,239

Purchase Details

Listed on
May 24, 2017
Closed on
Jul 6, 2017
Sold by
Chaing Jy Jung and Jiuan Shing
Bought by
Murugesan Sivakumar and Singaravelu Sathyabama
Seller's Agent
Tony Tsai
Blessings Realty Group LLC
Buyer's Agent
Ellen Frink
@properties Christie's Int'l RE Northville
List Price
$235,000
Sold Price
$234,000
Premium/Discount to List
-$1,000
-0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$181,600
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2002
Sold by
Johnson Damon
Bought by
Li Shing J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 1999
Sold by
Bledsoe Marilyn
Bought by
Johnson Damon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,750
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Balla Naga Bhaskara Rao $350,000 First American Title
Murugesan Sivakumar $234,000 Fidelity National Title
Li Shing J $200,000 --
Johnson Damon $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balla Naga Bhaskara Rao $332,500
Previous Owner Murugesan Sivakumar $181,600
Previous Owner Li Shing Juan $32,600
Previous Owner Li Shing J $160,000
Previous Owner Johnson Damon $159,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2023 09/06/23 Sold $350,000 +0.1% $202 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $349,800 0.0% $202 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $349,800 +49.5% $202 / Sq Ft
07/06/2017 07/06/17 Sold $234,000 -0.4% $135 / Sq Ft
06/02/2017 06/02/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $235,000 0.0% $136 / Sq Ft
10/01/2015 10/01/15 Rented $1,550 -13.4% --
09/17/2015 09/17/15 Under Contract -- -- --
08/20/2015 08/20/15 For Rent $1,790 +19.3% --
08/01/2013 08/01/13 Rented $1,500 0.0% --
07/09/2013 07/09/13 Under Contract -- -- --
07/02/2013 07/02/13 For Rent $1,500 -- --
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $4,920 $147,480 $0 $0
2022 $4,477 $142,620 $0 $0
2020 $3,625 $118,400 $27,200 $91,200
2015 -- $101,400 $0 $0
2014 -- $90,750 $0 $0
2011 -- $82,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230056871

Realcomp

APN: 22-25-379-012