NOT LISTED FOR SALE

24520 Olde Orchard St Novi, MI 48375

Estimated Value: $194,000 - $197,472

2 Beds
1 Bath
796 Sq Ft
$329/mo HOA Fee

Last Sold March 03, 2021

Last sale price $132,500 $166 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,541/month

64 Days on Market

Highlights

  • Outdoor Pool
  • Clubhouse
  • 1-Story Property
  • Novi High School Rated A+
  • End Unit
  • Forced Air Heating and Cooling System

About This Home

As of March 2021

You won't want to miss this newly updated end-unit in Novi! This 2-bed, 1 bath unit has a full, partially finished basement, a private yard, and is close to all major roads and shopping. The home features newer: kitchen cabinets, countertop, and appliances; carpet; bathroom; windows and front door; washer and dryer; hot water tank; and has been freshly painted. All that's left to do is move in!

Last Agent to Sell the Property

Kathryn Hansen

RE/MAX Dream Properties License #6501402811 Listed on: 11/23/2020

RE/MAX Dream Properties

Last Buyer's Agent

Erik Wright

Social House Real Estate Group LLC License #6501383802

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1973

HOA Fees

  • $329 Monthly HOA Fees

Parking

  • 1 Parking Garage Space

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 796 Sq Ft Home
  • 1-Story Property
  • Partially Finished Basement

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Outdoor Pool
  • End Unit
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2224451029
  • $1,000 Seller Concession

Community Details

Overview

  • Herriman & Associates Association
  • Olde Orchard Country Homes Condo Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,112

Year Built

Built in 1973

Lot Details

0

HOA Fees

$329 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: End Unit
  • Architecture Level: 1 Story
  • Year Built: 1973
  • State Equalized Value: 61350.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Cats OK | Dogs OK | Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Free-Standing Electric Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1146
  • Sq Ft Lower Floor: 350
  • Total Sq Ft: 796
  • Sq Ft Total Bsmt: 796

Exterior Features

  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick Veneer (Brick Siding)
  • Exterior Features: Club House, Pool – Community
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: 1 Assigned Space

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)
  • Laundry Facilities: No

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Maintenance Structure, Snow Removal, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 329
  • Association Contact: Herriman & Associates
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • List Price per Acre: 6244.3026
  • Parcel Number: 2224451029

Tax Info

  • Tax Amount Summer: 823.0000
  • Tax Amount Winter: 289.0000
  • Total Tax: 1112.0000
  • Taxable Value: 21570.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Mar 1, 2021
Sold by
Kocsis Joseph and Kocsis Stephania
Bought by
Locklear Jeffrey
Seller's Agent
Kathryn Hansen
RE/MAX Dream Properties
Buyer's Agent
Erik Wright
Social House Real Estate Group LLC
List Price
$137,000
Sold Price
$132,500
Premium/Discount to List
-$4,500
-3.28%
Current Estimated Value
$195,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,118
Avg. Annual Appreciation
8.76%
Original Mortgage
$92,500
Outstanding Balance
$82,920
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$112,698

Purchase Details

Closed on
Feb 28, 1997
Sold by
Kocis Stephania
Bought by
Kocis Stephania
Source: Public Records

Range of Values:

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Average Value
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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
Locklear Jeffrey $132,500 Liberty Title
Kocis Stephania -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Locklear Jeffrey $92,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2021 03/03/21 Sold $132,500 -3.3% $166 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $137,000 +3.4% $172 / Sq Ft
12/22/2020 12/22/20 Off Market $132,500 -- --
12/22/2020 12/22/20 Pending -- -- --
12/21/2020 12/21/20 Off Market $132,500 -- --
11/23/2020 11/23/20 For Sale $137,000 -- $172 / 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 $2,136 $68,670 $0 $0
2022 $2,478 $68,850 $0 $0
2020 $823 $61,350 $12,000 $49,350
2015 -- $46,200 $0 $0
2014 -- $25,400 $0 $0
2011 -- $23,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathryn Hansen

    Seller's Agent in 2021

    Kathryn Hansen

    RE/MAX Dream Properties

    (734) 716-4436

    1 in this area

    33 Total Sales

    Kathryn Hansen
    Section Image
  • Erik Wright

    Buyer's Agent in 2021

    Erik Wright

    Social House Real Estate Group LLC

    (734) 620-4736

    10 in this area

    303 Total Sales

    Erik Wright
    Section Image
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Map

Source: Realcomp

MLS Number: 2200096035

Realcomp

APN: 22-24-451-029

Michigan Oakland County Novi 48375

24520 Olde Orchard St, Novi, MI

This home is located at 24520 Olde Orchard St, Novi, MI 48375 since 23 November 2020 and is currently estimated at $195,618, approximately $245 per square foot. This property was built in 1973. 24520 Olde Orchard St is a home located in Oakland County with nearby schools including Novi High School, Village Oaks Elementary School, and Novi Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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