NOT LISTED FOR SALE

25816 Lochmoor Ln Novi, MI 48374

Estimated Value: $621,000 - $671,000

4 Beds
4 Baths
2,601 Sq Ft
$249/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $412,500 $159 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,160/month

156 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • 2 Car Direct Access Garage
  • Parkview Elementary School Rated A+
  • Jetted Tub in Primary Bathroom
  • Porch

About This Home

As of March 2019

GORGEOUS LOCHMOOR VILLAGE COLONIAL! THIS BEAUTIFUL TURN-KEY 4 BEDROOM, 2.2 BATH HOME IS ON A PRIVATE LOT THAT HAS BEEN NEWLY LANDSCAPED. HARDWOOD FLOORING THROUGHOUT MUCH OF FIRST FLOOR. FORMAL LIVING ROOM W/BAY WINDOW AND CROWN MOLDING. COZY GREAT ROOM W/GAS FIREPLACE W/BRICK SURROUND AND WOOD MANTLE. FORMAL DINING ROOM BOASTS WAINSCOTING AND CROWN MOLDING. SPACIOUS KITCHEN W/GRANITE COUNTERS, OAK CABINETS, SS APPLIANCES AND LARGE CENTER ISLAND. BREAKFAST NOOK HAS DOOR WALL TO DECK. MASTER SUITE FEATURES CATHEDRAL CEILING, WALK-IN CALIFORNIA CLOSET AND ATTACHED BATH W/DUAL SINKS, JETTED TUB AND SEPARATE SHOWER. 2ND FLOOR LAUNDRY! FINISHED LOWER LEVEL HAS LARGE REC AREA, POWDER ROOM AND FULL KITCHEN. UPDATES INCLUDE NEW INSULATED GARAGE DOOR, NEW BLINDS ON FIRST FLOOR, NEW EXTERIOR DOORS AND NEW ROOF. ENJOY THE PRIVATE BACKYARD FROM THE DECK! AWARD WINNING NOVI SCHOOLS.

Last Agent to Sell the Property

Jamey Kramer

RE/MAX Classic License #6501261596 Listed on: 09/12/2018

RE/MAX Classic

Last Buyer's Agent

Lori Dubach

Remerica United Realty License #RCO-6501292620

Remerica United Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1995

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 80x105.62

HOA Fees

  • $12 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,601 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Finished Basement
  • Sump Pump
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Utilities

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

Community Details

  • Lochmoor Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2221176005
  • $1,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,280

Year Built

Built in 1995

Lot Details

0

HOA Fees

$12 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 81.12
  • Year Built: 1995
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Jetted Tub, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 15
  • Total Bedrooms: 4
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 3830
  • Sq Ft Lower Floor: 1229
  • Total Sq Ft: 2601
  • Sq Ft Total Bsmt: 1229

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 80
  • Porch Type: Deck, Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

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

  • Association Fee Frequency: Annually
  • Association Fee: 140
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • List Price per Acre: 2236842.1053
  • Lot Size Area: 0.19
  • Lot Dimensions: 80X105.62
  • Parcel Number: 2221176005

Tax Info

  • Tax Amount Summer: 5988.0000
  • Tax Amount Winter: 1292.0000
  • Total Tax: 7280.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2018
Closed on
Mar 15, 2019
Sold by
Singh Amit and Madan Ichchha
Bought by
Chordia Prashant C and Chordia Preeti
Seller's Agent
Jamey Kramer
RE/MAX Classic
Buyer's Agent
Lori Dubach
Remerica United Realty
List Price
$425,000
Sold Price
$412,500
Premium/Discount to List
-$12,500
-2.94%
Current Estimated Value
$648,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,911
Avg. Annual Appreciation
7.25%
Original Mortgage
$391,800
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 3, 2015
Closed on
Jun 19, 2015
Sold by
Walker John W and Walker Lisa B
Bought by
Singh Amit and Madan Ichchha
Seller's Agent
Jeff Duneske
Keller Williams Advantage Northville
Buyer's Agent
John McArdle
Remerica Hometown One
List Price
$440,000
Sold Price
$420,000
Premium/Discount to List
-$20,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.48%
Original Mortgage
$336,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 1996
Sold by
Pulte Homes Mi Corp
Bought by
Walker John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage
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
Chordia Prashant C $412,500 Title One Inc
Singh Amit $420,000 None Available
Walker John W $261,993 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chordia Prashant C $373,600
Closed Chordia Prashant C $391,800
Previous Owner Madan Ichchha $319,000
Previous Owner Singh Amit $336,000
Previous Owner Walker John W $58,000
Previous Owner Walker John W $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2019 03/15/19 Sold $412,500 -2.9% $159 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
12/05/2018 12/05/18 For Sale $425,000 0.0% $163 / Sq Ft
11/30/2018 11/30/18 Pending -- -- --
11/06/2018 11/06/18 Price Changed $425,000 -3.4% $163 / Sq Ft
09/24/2018 09/24/18 Price Changed $439,900 -2.2% $169 / Sq Ft
09/12/2018 09/12/18 For Sale $450,000 +7.1% $173 / Sq Ft
06/19/2015 06/19/15 Sold $420,000 -4.5% $161 / Sq Ft
05/14/2015 05/14/15 Pending -- -- --
05/03/2015 05/03/15 For Sale $440,000 -- $169 / 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 $7,381 $243,170 $0 $0
2022 $8,195 $225,540 $0 $0
2020 $6,873 $220,700 $41,150 $179,550
2015 -- $180,400 $0 $0
2014 -- $167,350 $0 $0
2011 -- $138,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218087561

Realcomp

APN: 22-21-176-005