$527,000 - $567,000
RENTED JAN 29, 2025

24877 Ivy Novi, MI 48375

3 Beds
4 Baths
2,054 Sq Ft
8,276 Sq Ft Lot

Highlights

  • Outdoor Pool
  • Contemporary Architecture
  • 2 Car Direct Access Garage
  • Novi Woods Elementary School Rated A+
  • No HOA
  • Electric Vehicle Home Charger

About This Home

As of January 2025

Welcome to your dream rental with Novi Schools nestled on a wooded premium private lot. This beautifully upgraded 2-story townhome boasts 2,054 sq.ft. plus an additional 600 sq.ft. of professionally finished, lower level. Hardwood flooring, stainless appliances including a 5 burner gas range and stylish backsplash. Walkout to a patio from the sunroom, Surrounded by nature. Garage is prepped for EV charger in addition to many more upgrades. Located in an HOA managed community where all outdoor work is covered by the HOA (paid by owner). Residents enjoy a playground and plenty of space for walking & biking. This condo is situated in the award-winning Novi School District, just 1 mile from major expressways and 12 Oaks Mall, providing easy access to a variety of entertainment and dining options. Popular Lakeshore Park is just moments away. Don't miss out on this exceptional rental opportunity.Both the TV s are included with the lease.

Last Agent to Rent the Property

Madhavi Kondapalli

Century 21 Professionals Livonia License #6501278919 Listed on: 12/06/2024

Last Renter's Agent

Laura Weiss

EXP Realty Shelby Twp License #6501286005

EXP Realty Shelby Twp

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,385

Year Built

  • Built in 2021

Lot Details

  • 8,276

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,054 Sq Ft Home
  • 2-Story Property
  • Gas Cooktop
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Direct Access Garage
  • Electric Vehicle Home Charger

Utilities

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

Additional Features

  • Outdoor Pool
  • Ground Level

Listing and Financial Details

  • Security Deposit $5,325
  • 12 Month Lease Term
  • Assessor Parcel Number 2222404048

Community Details

Overview

  • No Home Owners Association
  • Emerson Park Condo Occpn 2250 Subdivision

Recreation

  • Community Pool

Pet Policy

  • Cats Allowed
  • Breed Restrictions
  • The building has rules on how big a pet can be within a unit

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,385

Year Built

Built in 2021

Lot Details

0

Rental Info

  • Lease Type: Condominium
  • Rent Includes: Association Fee, Snow Removal, Yard Maintenance
  • Security Deposit: 5325.00

Listing Details

  • Property Type: Condominium
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Year Built: 2021
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Breed Restrictions, Cats OK, Size Limit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Gas Cooktop
  • Sq Ft Combined: 2684
  • Sq Ft Lower Floor: 630
  • Total Sq Ft: 2054
  • Sq Ft Total Bsmt: 630

Exterior Features

  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Pool – Community
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Electricity, Attached, Electric Vehicle Charging Station(s)
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 250.00

Schools

  • School District: Novi

Lot Info

  • Parcel Number: 2222404048

Multi Family

  • Length of Lease: 12 Months

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2021
Sold by
Rajasekhar Venkatesh
Bought by
Rajasekhar Venkatesh and Madhushree Fnu
Current Estimated Value
$548,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,129
Outstanding Balance
$322,990
Interest Rate
2.24%
Mortgage Type
New Conventional
Estimated Equity
$223,727

Purchase Details

Closed on
Oct 7, 2020
Sold by
Pulte Homes Of Michigan Llc
Bought by
Rajasekhar Venkatesh and Udumala Sadhana Reddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,282
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Rajasekhar Venkatesh -- None Available
Rajasekhar Venkatesh $439,245 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rajasekhar Venkatesh $411,129
Closed Rajasekhar Venkatesh $417,282
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2025 01/29/25 Rented $3,600 0.0% --
01/24/2025 01/24/25 Under Contract -- -- --
12/09/2024 12/09/24 Price Changed $3,600 +1.4% $2 / Sq Ft
12/06/2024 12/06/24 For Rent $3,550 -- --
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 $6,385 $203,480 $0 $0
2020 $929 $25,000 $25,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Madhavi Kondapalli

    Landlord's Agent in 2025

    Madhavi Kondapalli

    Century 21 Professionals Livonia

    (734) 657-0777

    48 in this area

    217 Total Sales

    Madhavi Kondapalli
    Section Image
  • Laura Weiss

    Tenant's Agent in 2025

    Laura Weiss

    EXP Realty Shelby Twp

    (313) 729-2279

    6 in this area

    33 Total Sales

    Laura Weiss
    Section Image
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Map

Source: Realcomp

MLS Number: 20240090865

Realcomp

APN: 22-22-404-048

Michigan Oakland County Novi 48375

24877 Ivy, Novi, MI

This home is located at 24877 Ivy, Novi, MI 48375 since 06 December 2024 and is currently priced at $548,409. This property was built in 2021. 24877 Ivy is a home located in Oakland County with nearby schools including Novi Woods Elementary School, Novi High 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
Copyright 2025 Realcomp II Ltd. Shareholders
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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