$162,000
SOLD MAR 3, 2015

25573 Portico Ln Unit 171 Novi, MI 48375

2 Beds
2 Baths
1,132 Sq Ft
$185/mo HOA Fee

Recently Sold

$143 Per Sq Ft

4% Below List Price

28 Days on Market

Highlights

  • Deck
  • End Unit
  • 2 Car Direct Access Garage
  • Orchard Hills Elementary School Rated A+
  • Gazebo
  • Porch

About This Home

As of April 2025

Fabulous end unit 2 bedroom, 2 bath condo overlooking gazebo and pond in Novi! Bright freshly painted, new carpet throughout. Large living room opens to kitchen w upgraded cabinets, granite counters, stainless steel appliances & breakfast bar. Spacious dining room w large window. Bright and airy Master suite w walk in closet and spacious master bath w soaking tub, walk in shower, tile floors & access to balcony. A second bedroom features large closet and sliding doors to the balcony. The second full bath features tile floors and beautiful light fixture. This property also features a two car garage, front porch, laundry closet and newer hot water heater. Enjoy maintenance free living in this conveniently located home!

Last Agent to Sell the Property

Michael Perna

EXP Realty Main License #6501309650 Listed on: 12/18/2014

EXP Realty Main

Co-Listed By

Mary Jo Hahn

Keller Williams Ann Arbor Market Center License #6501378361

Last Buyer's Agent

Elisa Chen

Community Choice Realty Inc License #6501334943

Community Choice Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2007

Lot Details

  • End Unit

HOA Fees

  • $185 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,132 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Gazebo
  • Porch

Utilities

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

Community Details

  • Gateway Village Of Novi Occpn 1430 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2223227171

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,828

Year Built

Built in 2007

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: End Unit
  • Architecture Level: 2 Story
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1132
  • Total Sq Ft: 1132

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Gazebo
  • Foundation Materials: Poured
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), 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: Water
  • Association Fee Frequency: Monthly
  • Association Fee: 185
  • Association Fee: No

Schools

  • School District: Novi

Lot Info

  • Parcel Number: 2223227171

Tax Info

  • Tax Amount Summer: 2076.0000
  • Tax Amount Winter: 752.0000
  • Total Tax: 2828.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2025
Closed on
Apr 23, 2025
Sold by
Zhou Yueren
Bought by
Muvva Naga Sirisha
Seller's Agent
Don Page
Remerica United Realty
Buyer's Agent
Karun Jala
Powell Real Estate
List Price
$269,900
Sold Price
$272,000
Premium/Discount to List
$2,100
0.78%
Total Days on Market
28
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.00%
Original Mortgage
$190,400
Outstanding Balance
$190,400
Interest Rate
5.83%
Mortgage Type
New Conventional
Estimated Equity
$86,139

Purchase Details

Listed on
Dec 18, 2014
Closed on
Mar 3, 2015
Sold by
Woodworth Rick
Bought by
Zhou Yueren
Seller's Agent
Michael Perna
EXP Realty Main
Buyer's Agent
Elisa Chen
Community Choice Realty Inc
List Price
$169,000
Sold Price
$162,000
Premium/Discount to List
-$7,000
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.24%
Original Mortgage
$113,400
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2009
Sold by
Gateway Village Of Novi Llc
Bought by
Woodworth Rick
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 $272,000 None Listed On Document
Warranty Deed $162,000 None Available
Warranty Deed $110,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $190,400 New Conventional
Previous Owner $113,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 Sold $272,000 -1.1% $240 / Sq Ft
03/19/2025 03/19/25 Pending -- -- --
03/14/2025 03/14/25 Price Changed $275,000 +1.9% $243 / Sq Ft
03/12/2025 03/12/25 For Sale $269,900 +66.6% $238 / Sq Ft
03/03/2015 03/03/15 Sold $162,000 -4.1% $143 / Sq Ft
01/15/2015 01/15/15 Pending -- -- --
12/18/2014 12/18/14 For Sale $169,000 -- $149 / 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 $3,070 $101,500 $0 $0
2022 $3,433 $100,580 $0 $0
2020 $2,786 $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: 214127269

Realcomp

APN: 22-23-227-171