NOT LISTED FOR SALE

2440 Shawood St Novi, MI 48377

Estimated Value: $459,000 - $585,068

3 Beds
2 Baths
1,800 Sq Ft
$292/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $593,850 $330 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $3,256/month

5 Days on Market

Highlights

  • 148 Feet of Waterfront
  • Lake Privileges
  • Raised Ranch Architecture
  • Novi High School Rated A+
  • Deck
  • No HOA

About This Home

As of May 2024

**All Offers due Mon 5/13 @ 10am**Prepare to be captivated by 2440 Shawood, a spectacular Ranch home offering a top-to-bottom renovation and situated on nearly 150 feet of Shawood Lake frontage. This 3-bedroom, 2-bathroom home seamlessly blends the tranquility of lake life with the modern conveniences of Novi, just a quick 5-minute drive away. Renovated in 2019, this home exudes sophistication and style, featuring an open-concept chef's kitchen with quartz countertops and Bosch stainless steel appliances. Floor-to-ceiling windows capture the natural beauty of the surroundings, creating a serene ambiance throughout. Step outside to the expansive nearly 1/2 acre yard and take in the scenic views from the newly constructed deck or the lower-level flagstone patio, perfect for outdoor entertaining or relaxation. The primary suite and bath are a true oasis, boasting natural wood and stone finishes, a dual flush Toto toilet, a large shower with high-pressure dual shower heads, and a luxurious Euro steam shower. This home is equipped with state-of-the-art home automation features, including Lutron and HUE automated lighting, and a whole-house Sonos sound system that can be controlled via an app. Every detail has been meticulously attended to, with many mechanicals replaced within the last 5 years, including the roof, siding, windows, mini-split systems, electrical system, heated floors in the kitchen/living room area, all bathrooms, and the laundry room. Enjoy the best water and indoor air quality with an on-demand tankless water heater, whole-house dehumidifier & water purification system and a radon mitigation system already installed. Award winning Novi Schools. Move in just in time to watch the 4th of July fireworks from your back deck & experience the epitome of lakeside living! B.A.T.V.A.I

Last Agent to Sell the Property

Julie Dean

DOBI Real Estate License #6501362762 Listed on: 05/09/2024

DOBI Real Estate

Co-Listed By

Loren Kline

DOBI Real Estate License #6501431928

Last Buyer's Agent

Pamela Westenberg

Thrive Realty Company License #6501415140

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1968 | Remodeled in 2020

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 126 x 148
  • 148 Feet of Waterfront
  • Lake Front
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Raised Ranch Architecture
  • 2-Story Property
  • Block Foundation
  • Slab Foundation
  • Asphalt Roof
  • Active Radon Mitigation
  • Vinyl Construction Material

Interior Spaces

  • 1,800 Sq Ft Home
  • Sound System
  • ENERGY STAR Qualified Windows
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Flush Toilets

Finished Basement

  • Walk-Out Basement
  • Basement Window Egress

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Moisture Control

Outdoor Features

  • Lake Privileges
  • Deck
  • Patio
  • Porch

Location

  • Ground Level

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Dehumidifier
  • Wall Furnace
  • Back Up Electric Heat Pump System
  • Radiant Heating System
  • ENERGY STAR Qualified Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2210228008

Community Details

Overview

  • No Home Owners Association
  • Shawood Walled Lake Heights Sub Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,518

Year Built

Built in 1968 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Raised Ranch, Ranch
  • Architecture Level: 2 Story
  • Assessment: 138.00
  • Year Built: 1968
  • State Equalized Value: 154860.0000
  • Year Renovated: 2020
  • Foundation Features: Active Radon Mitigation
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: De-Humidifier, Dual-Flush Toilet(s), Egress Window(s), ENERGY STAR® Qualified Window(s), Sound System
  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Sq Ft Combined: 2400
  • Sq Ft Lower Floor: 600
  • Total Sq Ft: 1800
  • Sq Ft Total Bsmt: 625

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: SHAWOOD LAKE
  • Waterfront: Yes
  • Foundation Details: Slab, Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 126
  • Porch Type: Deck, Patio, Porch
  • Road Frontage Type: Paved
  • Water Frontage Feet: 148.00
  • Waterfront Description: Direct Water Frontage, Lake Front, Lake Privileges, No Motor Lake

Garage/Parking

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

Utilities

  • Heating Fuel: Electric
  • Cooling: ENERGY STAR® Qualified A/C Equipment, Wall Unit(s)
  • Heating: ENERGY STAR®/ACCA RSI® Qualified Installation, Radiant, Wall/Floor Furnace
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s)
  • Lot Size Area: 0.43
  • Lot Dimensions: 126 x 148
  • Parcel Number: 2210228008

Green Features

  • Green Energy Efficient: Appliances, HVAC, Insulation, Lighting, Water Heater, Windows
  • Green Indoor Air Quality: Moisture Control

Tax Info

  • Tax Amount Summer: 4507.0000
  • Tax Amount Winter: 1011.0000
  • Total Tax: 5518.0000
  • Taxable Value: 149570.0000

Multi Family

  • Waterfront Features: DIRFRT

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
May 28, 2024
Sold by
Jacober Mallory B
Bought by
Qian Cheng
Seller's Agent
Julie Dean
DOBI Real Estate
Buyer's Agent
Pamela Westenberg
Thrive Realty Company
List Price
$585,000
Sold Price
$593,850
Premium/Discount to List
$8,850
1.51%
Views
30
Current Estimated Value
$526,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$67,583
Avg. Annual Appreciation
-1.04%
Original Mortgage
$475,080
Outstanding Balance
$471,159
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$114,935

Purchase Details

Closed on
Aug 6, 2018
Sold by
Hollingsworth John
Bought by
Jacober Mallory B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2016
Sold by
Hollingsworth John and Hollingsworth Melissa M
Bought by
Hollingsworth John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,388
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
May 30, 2013
Closed on
Sep 27, 2013
Sold by
Hollingsworth Melissa M
Bought by
Hollingsworth John and Hollingsworth Melissa M
Seller's Agent
Robyn Lewis
RE/MAX Classic
Buyer's Agent
Robyn Lewis Goeringer
RE/MAX Classic
List Price
$224,900
Sold Price
$220,500
Premium/Discount to List
-$4,400
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$185,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2005
Sold by
Vaughn M Lynn
Bought by
Vaughn M Lynn and M Lynn Vaughn Trust
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
Qian Cheng $593,850 None Listed On Document
Jacober Mallory B $225,000 Reputation First Title Agenc
Hollingsworth John -- None Available
Hollingsworth John -- Seasons Title Agency Llc
Hollingsworth Melissa M $220,500 Seasons Title Agency Llc
Vaughn M Lynn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Qian $201,000
Open Qian Cheng $475,080
Previous Owner Jacober Mallory B $216,000
Previous Owner Jacober Mallory B $218,250
Previous Owner Hollingsworth John $185,388
Previous Owner Hollingsworth Melissa M $185,250
Previous Owner Vaughn M Lynn $52,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $593,850 +1.5% $330 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $585,000 +165.3% $325 / Sq Ft
09/27/2013 09/27/13 Sold $220,500 -2.0% $162 / Sq Ft
07/08/2013 07/08/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $224,900 -- $166 / Sq Ft
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 $4,722 $154,860 $0 $0
2022 $5,265 $143,610 $0 $0
2020 $4,437 $142,950 $60,350 $82,600
2015 -- $106,900 $0 $0
2014 -- $91,700 $0 $0
2011 -- $93,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240031241

Realcomp

APN: 22-10-228-008