NOT LISTED FOR SALE

24583 Olde Orchard St Unit 116 Novi, MI 48375

Estimated Value: $204,438 - $227,000

2 Beds
1.5 Baths
1,048 Sq Ft
$206/Sq Ft Est. Value

Last Sold June 08, 2016

Last sale price $101,000 $96 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,765/month

13 Days on Market

Highlights

  • Outdoor Pool
  • Clubhouse
  • Porch
  • Village Oaks Elementary School Rated A+
  • Balcony
  • Patio

About This Home

As of June 2016

Here comes another… move in condition 2-story condo in popular Olde Orchard. Open floor plan features formal living dining and family room areas. Kitchen with all appliances. Doorwall off family room area leads to a private enclosed patio. Half bath on the entry level. Upstairs there are two good sized bedrooms as well as a full bath. Master bedroom has a doorwall that leads to a balcony with a view. Large unfinished basement with good finishing potential and storage. New furnace (2015), updated electrical panel. Olde Orchard complex offers a pool, clubhouse, play area and tennis. Novi Schools. Ideally located close to freeways, shopping and more! A very good value/opportunity!

Last Listed By

Dennis Scott

Remerica United Realty License #6501276489 Listed on: 04/14/2016

Remerica United Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 1973

Lot Details

  • Private Entrance

HOA Fees

  • $345 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,048 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Patio
  • Exterior Lighting
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2224451170

Community Details

Overview

  • Herriman & Associates Association, Phone Number (734) 459-5440
  • Olde Orchard Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$854

Year Built

Built in 1973

Lot Details

0

HOA Fees

$345 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Townhouse
  • Architecture Level: 2 Story
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1048
  • Total Sq Ft: 1048
  • Sq Ft Total Bsmt: 540

Exterior Features

  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Club House, Grounds Maintenance, Lighting, Pool – Community, Private Entry
  • Foundation Materials: Poured
  • Porch Type: Balcony, Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

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: Gas, Water
  • Association Fee Frequency: Monthly
  • Phone: 734.459.5440
  • Association Fee: 345
  • Association Contact: Herriman & Associates
  • Association Fee: No

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Parcel Number: 2224451170

Tax Info

  • Tax Amount Summer: 703.0000
  • Tax Amount Winter: 151.0000
  • Total Tax: 854.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2020
Sold by
Bhanani Vishalkumar and Bhanani Disha
Bought by
My Investments Llc
Total Days on Market
13
Current Estimated Value
$215,610

Purchase Details

Closed on
Jul 25, 2017
Sold by
Urquieta Jose A and Navarret Jose Antonio Urqueita
Bought by
Bhanani Vishalkumar and Bhanani Disha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2016
Closed on
Jun 8, 2016
Sold by
Lynch Gerald R and Lynch Karen M
Bought by
Urquieta Jose A
Seller's Agent
Dennis Scott
Remerica United Realty
Buyer's Agent
Maria F. Gomez
EXP Realty LLC
List Price
$109,000
Sold Price
$101,000
Premium/Discount to List
-$8,000
-7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$75,750
Interest Rate
3.61%
Mortgage Type
New Conventional

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
My Investments Llc $132,000 Peak Title Agency Co
Bhanani Vishalkumar $141,000 None Available
Urquieta Jose A $101,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bhanan Vishalkumar K $102,400
Previous Owner Bhanani Vishalkumar $102,400
Previous Owner Urquieta Jose A $75,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2016 06/08/16 Sold $101,000 -3.8% $96 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
04/23/2016 04/23/16 Price Changed $105,000 -3.7% $100 / Sq Ft
04/14/2016 04/14/16 For Sale $109,000 -- $104 / 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 $2,704 $72,630 $0 $0
2022 $3,355 $65,890 $0 $0
2020 $1,817 $61,550 $12,000 $49,550
2015 -- $45,350 $0 $0
2014 -- $25,350 $0 $0
2011 -- $23,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dennis Scott

    Seller's Agent in 2016

    Dennis Scott

    Remerica United Realty

    (248) 231-7497

    7 in this area

    25 Total Sales

    Section Image
  • Maria F. Gomez

    Buyer's Agent in 2016

    Maria F. Gomez

    EXP Realty LLC

    (734) 673-4370

    11 in this area

    95 Total Sales

    Maria F. Gomez
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 216034676

Realcomp

APN: 22-24-451-170

Michigan Oakland County Novi 48375

24583 Olde Orchard St Unit 116, Novi, MI

Homes for Sale in Novi, MI

This home is located at 24583 Olde Orchard St Unit 116, Novi, MI 48375 since 14 April 2016 and is currently estimated at $215,610, approximately $205 per square foot. This property was built in 1973. 24583 Olde Orchard St Unit 116 is a home located in Oakland County with nearby schools including Village Oaks Elementary School, Novi High School, and Novi Middle School.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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