NOT LISTED FOR SALE

25987 Petros Blvd Novi, MI 48375

Estimated Value: $540,000 - $597,000

4 Beds
3.5 Baths
2,350 Sq Ft
$245/Sq Ft Est. Value

Last Sold August 26, 2016

Last sale price $289,000 $123 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $3,795/month

Highlights

  • Colonial Architecture
  • No HOA
  • 2 Car Direct Access Garage
  • Novi Woods Elementary School Rated A+
  • Covered Patio or Porch
  • Wet Bar

About This Home

As of October 2019

Beautiful colonial four bedroom home for rent. Large kitchen with double oven, microwave, plenty of cabinet and counter top space. French doors to the back
yard. Extremely spacious living room with fireplace and a wet bar. This home features four large bedrooms, first floor laundry, and a partially finished basement for more living space. Attached two car garage; a huge back yard and a wonderful neighborhood. Tenant will pay electricity, gas, water and sewage.

Last Agent to Rent the Property

Mark Zawaideh

JMZ Management License #6502369339 Listed on: 10/09/2019

JMZ Management

Last Renter's Agent

Shinya Murashima

Relo Redac, Inc License #6501419512

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,894

Year Built

  • Built in 1985

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80.00x126.00

Home Design

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

Interior Spaces

  • 2,350 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Family Room with Fireplace
  • Finished Basement
  • Sump Pump
  • Security System Owned

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

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

Additional Features

  • Air Purifier
  • Ground Level

Community Details

  • No Home Owners Association
  • Cedarspring Estates Sub No 1 Subdivision

Listing and Financial Details

  • Security Deposit $2,500
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 65.00
  • Assessor Parcel Number 2222126002

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,894

Year Built

Built in 1985

Lot Details

0

Rental Info

  • Application Fee: 65.00
  • Lease Type: Single Family House
  • Security Deposit: 2500.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1985
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Air Purifier, Cable Available, High Spd Internet Avail, Humidifier, Security Alarm (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Free-Standing Electric Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 3650
  • Sq Ft Lower Floor: 1300
  • Total Sq Ft: 2350
  • Sq Ft Total Bsmt: 1312

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 80
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity, Side Entrance
  • 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: No

Fee Information

  • Additional Fee: 325.00

Schools

  • School District: Novi

Lot Info

  • List Price per Acre: 10000.0000
  • Lot Size Area: 0.23
  • Lot Dimensions: 80.00X126.00
  • Parcel Number: 2222126002

Multi Family

  • Length of Lease: 12 Months, 13-24 Months, 25-36 Months

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2016
Closed on
Aug 26, 2016
Sold by
Gabbert Matthew S and Gabbert Anne R
Bought by
Palaniappan Gurumuthiah and Palaniappan Kannamma
Seller's Agent
Brad Sandberg
Michigan Management & Property Maint Inc
Buyer's Agent
Keisuke Takemoto
MKT Homes LLC
Sold Price
$2,350
Current Estimated Value
$575,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$573,381
Avg. Annual Appreciation
7.84%

Purchase Details

Closed on
Sep 30, 2008
Sold by
Bacelis Marcos O and Bacelis Jean L Bush
Bought by
Gabbert Matthew S and Gabbert Anne R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
6.41%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 16, 1999
Sold by
Association Relocation M
Bought by
Obacelis Marcos
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
Palaniappan Gurumuthiah $289,000 Title Solutions Agency Llc
Gabbert Matthew S $207,000 Capital Title Ins Agency
Obacelis Marcos $257,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gabbert Matthew S $160,800
Previous Owner Gabbert Matthew S $165,600
Previous Owner Bacelis Marcos O $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2019 10/30/19 Rented $2,300 0.0% --
10/29/2019 10/29/19 Under Contract -- -- --
10/15/2019 10/15/19 Price Changed $2,300 -8.0% $1 / Sq Ft
10/09/2019 10/09/19 For Rent $2,500 +6.4% --
09/22/2016 09/22/16 Rented $2,350 +2.2% --
09/21/2016 09/21/16 Under Contract -- -- --
09/08/2016 09/08/16 Price Changed $2,300 0.0% $1 / Sq Ft
08/26/2016 08/26/16 Sold $289,000 0.0% $122 / Sq Ft
08/26/2016 08/26/16 For Rent $2,700 0.0% --
08/01/2016 08/01/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $299,900 -- $126 / 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 $7,894 $205,540 $0 $0
2022 $9,848 $195,460 $0 $0
2020 $7,011 $181,500 $26,150 $155,350
2015 -- $145,200 $0 $0
2014 -- $116,250 $0 $0
2011 -- $100,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219103731

Realcomp

APN: 22-22-126-002