$275,000
SOLD APR 23, 2025 RENTED JUL 1, 2025

25520 Portico Ln Novi, MI 48375

2 Beds
2 Baths
1,132 Sq Ft
$260/mo HOA Fee

Recently Sold

$243 Per Sq Ft

2% Below List Price

5 Days on Market

Highlights

  • Raised Ranch Architecture
  • Balcony
  • 1-Story Property
  • Orchard Hills Elementary School Rated A+
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of April 2025

Beautiful condo located in the heart of Novi in Gateway Village. This move in ready home offers a blend of both convenience and comfort. The living room, kitchen and dining room feature new luxury plank vinyl flooring. The primary bedroom features a private bath & separate entrance to the balcony off back. Second bedroom also has a sliding door opening to back balcony. The kitchen offers newer stainless-steel appliances, a pantry & granite countertops. Attached, tandem two car garage or you could choose to pull in one car and use the second half for storage. The mud room located right off of the garage, or you could use this space for a small office area. This home is located just minutes from expressways, shopping and dining! Don't miss out on this well-maintained unit, it won't last long. Annual assessment is for brick work and is to be assumed by buyer.

Last Agent to Sell the Property

Lida Athearn

Athearn Realty License #6501416895 Listed on: 03/11/2025

Last Buyer's Agent

Alex Safadi

Internet Real Estate, Inc License #6501248553

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2005

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 1,132 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Cooktop
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • Balcony
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2223227165

Community Details

Overview

  • Christine Metivia Whitehall Community Management Association, Phone Number (248) 324-0400
  • Gateway Village Of Novi Occpn 1430 Subdivision

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,705

Year Built

Built in 2005

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Raised Ranch
  • Architecture Level: 1 Story
  • Assessment: 113.00
  • Year Built: 2005
  • State Equalized Value: 120060.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Number Limit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Dishwasher, Electric Cooktop, Free-Standing Refrigerator, Microwave
  • Sq Ft Combined: 1132
  • Total Sq Ft: 1132

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Porch Type: Balcony
  • 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 Source: Public (Municipal)

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Grounds, Trash
  • Association Fee Frequency: Monthly
  • Phone: 248-324-0400 Christine@whitehallcm.com
  • Association Fee: 260
  • Association Contact: Christine Metivia-Whitehall Community Management
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Parcel Number: 2223227165

Tax Info

  • Tax Amount Summer: 4115.0000
  • Tax Amount Winter: 1590.0000
  • Total Tax: 5705.0000
  • Taxable Value: 106570.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2025
Closed on
Apr 23, 2025
Sold by
Akv Investments Llc
Bought by
Koduri Aswani and Sunder Naresh Byraganapall
Seller's Agent
Lida Athearn
Athearn Realty
Buyer's Agent
Alex Safadi
Internet Real Estate, Inc
List Price
$279,900
Sold Price
$275,000
Premium/Discount to List
-$4,900
-1.75%
Views
38
Current Estimated Value
$274,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$85
Avg. Annual Appreciation
-0.15%
Original Mortgage
$206,250
Outstanding Balance
$206,250
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$68,665

Purchase Details

Closed on
Apr 15, 2022
Sold by
Kylie Strickler
Bought by
Akv Investments Llc

Purchase Details

Closed on
Apr 5, 2019
Sold by
Mcnalley Devin and Jones Devin
Bought by
Strickler Kylie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,875
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2015
Closed on
Jul 15, 2015
Sold by
Ha Hak Soo and Chin Kate
Bought by
Jones Devin
Seller's Agent
Brian Wines
National Realty Centers, Inc
Buyer's Agent
Rodger Dabish
RE/MAX Classic
List Price
$175,000
Sold Price
$164,000
Premium/Discount to List
-$11,000
-6.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$155,800
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 29, 2012
Closed on
Sep 14, 2012
Sold by
Gateway Village Of Novi Llc
Bought by
Ha Hak Soo
Seller's Agent
Brian Loussia
EXP Realty Main
Buyer's Agent
Brian Wines
National Realty Centers, Inc
List Price
$119,000
Sold Price
$115,000
Premium/Discount to List
-$4,000
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.36%

Purchase Details

Listed on
Aug 29, 2012
Closed on
Sep 12, 2012
Sold by
Schocker Michael
Bought by
Gateway Village Of Novi Llc
Seller's Agent
Brian Loussia
EXP Realty Main
Buyer's Agent
Brian Wines
National Realty Centers, Inc
List Price
$119,000
Sold Price
$115,000
Premium/Discount to List
-$4,000
-3.36%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $275,000 None Listed On Document
Warranty Deed $259,400 Title One
Warranty Deed $192,500 Cislo Title Co
Warranty Deed $164,000 Fidelity National Title
Warranty Deed $115,000 None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $206,250 New Conventional
Previous Owner $180,000 New Conventional
Previous Owner $162,000 New Conventional
Previous Owner $182,875 New Conventional
Previous Owner $155,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Under Contract -- -- --
05/13/2025 05/13/25 Price Changed $1,950 0.0% $2 / Sq Ft
04/23/2025 04/23/25 Sold $275,000 0.0% $243 / Sq Ft
04/23/2025 04/23/25 For Rent $2,200 0.0% --
03/16/2025 03/16/25 Pending -- -- --
03/11/2025 03/11/25 For Sale $279,900 +70.7% $247 / Sq Ft
07/15/2015 07/15/15 Sold $164,000 -6.3% $132 / Sq Ft
06/05/2015 06/05/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $175,000 +52.2% $141 / Sq Ft
09/14/2012 09/14/12 Sold $115,000 -3.4% $102 / Sq Ft
09/10/2012 09/10/12 Pending -- -- --
08/29/2012 08/29/12 For Sale $119,000 -- $105 / 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 $4,115 $101,500 $0 $0
2022 $3,611 $100,580 $0 $0
2020 $2,932 $92,850 $19,650 $73,200
2015 -- $75,150 $0 $0
2014 -- $65,100 $0 $0
2011 -- $56,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250015942

Realcomp

APN: 22-23-227-165