NOT LISTED FOR SALE

40111 Oak Tree Novi, MI 48375

Estimated Value: $450,535 - $464,000

4 Beds
2 Baths
1,804 Sq Ft
$252/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $306,000 $170 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,866/month

13 Days on Market

Highlights

  • Outdoor Pool
  • Colonial Architecture
  • Corner Lot
  • Village Oaks Elementary School Rated A+
  • Clubhouse
  • Ground Level Unit

About This Home

As of July 2019

LOCATION, SCHOOLS, AMENITIES AND UPDATES! Move right in this remodeled house in Village Oaks, Novi. Updated include: fresh paint inside/outside, new kitchen, new bathrooms, granite tops, new hardwood floors, new high quality carpet, new hardwood stairs and railings, new recessed lights, light fixtures and tamper resistant outlets, new stainless steel door hardware and hinges, new back concrete patio, new cordless blinds, finished garage, storage and more. Brand new stainless steel kitchen appliances included.**Four bedrooms** Large family room with access to concrete patio, impressive foyer with open staircase, Kitchen opens up to living room and dining room and access to large balcony. Lots of light. Large corner lot with sprinkler watering system. Enjoy the community club house, pool and gym, Elementary school in walking distance, high-rated Novi schools, Minutes from expressway, 12 Oaks Mall and restaurants. Agent is owner/builder. Appointments through Showtime or call.

Last Agent to Sell the Property

Valentino Lumaj

Keller Williams Advantage License #6501393681 Listed on: 07/13/2019

Keller Williams Advantage

Last Buyer's Agent

Rick Nessel

National Realty Centers, Inc License #6501378895

National Realty Centers, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1976 | Remodeled in 2019

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 89.00x125.00
  • Corner Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Bi-Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,804 Sq Ft Home
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Dual Flush Toilets

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Covered Patio or Porch

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2225251014

Community Details

Overview

  • Village Oaks Association
  • Fairfield Farms Sub Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,350

Year Built

Built in 1976 | Remodeled in 2019

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: Bi-Level
  • Assessment: 82.74
  • Warranty: Yes
  • Year Built: 1976
  • Year Renovated: 2019
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Dual-Flush Toilet(s), Humidifier
  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Disposal, Dryer, ENERGY STAR® qualified dishwasher, ENERGY STAR® qualified refrigerator, Microwave, Range/Stove, Washer
  • Sq Ft Combined: 1804
  • Total Sq Ft: 1804

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Crawl, Slab
  • Construction Materials: Aluminum, Brick, Wood
  • Exterior Features: Club House, Pool – Community
  • Foundation Materials: Poured
  • Frontage Feet: 90
  • Porch Type: Balcony, Patio, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, 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 Frequency: Annually
  • Association Fee: 200
  • Association Contact: Village oaks
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • List Price per Acre: 1188461.5385
  • Lot Features: Corner Lot
  • Lot Size Area: 0.26
  • Lot Dimensions: 89.00X125.00
  • Parcel Number: 2225251014

Tax Info

  • Tax Amount Summer: 3164.0000
  • Tax Amount Winter: 1186.0000
  • Total Tax: 4350.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2021
Sold by
Ghare Imran
Bought by
Ghare Imran and Ghare Rashida I
Current Estimated Value
$454,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,600
Outstanding Balance
$269,079
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$169,801

Purchase Details

Listed on
Jul 13, 2019
Closed on
Sep 13, 2019
Sold by
Lumaj Valentino and Vuklilaj Rrok
Bought by
Ghare Imran
Seller's Agent
Valentino Lumaj
Keller Williams Advantage
Buyer's Agent
Rick Nessel
National Realty Centers, Inc
List Price
$309,000
Sold Price
$306,000
Premium/Discount to List
-$3,000
-0.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$296,820
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2019
Sold by
Chintalapati Madhusudhan and Chintalapati Anupama
Bought by
Lumaj Valentino and Vuktilaj Rrok

Purchase Details

Closed on
Jun 25, 2002
Sold by
Barreiro Alejandro
Bought by
Chintalapati Madhudhan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.79%
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
Ghare Imran -- Ata National Title Group
Ghare Imran $306,000 Speedy T&E Svcs Llc
Lumaj Valentino $205,000 Speedy Title & Escrow Servic
Chintalapati Madhudhan $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghare Imran $292,600
Closed Ghare Imran $296,820
Previous Owner Chintalapati Madhudhan $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2019 09/21/19 For Sale $309,000 +1.0% $171 / Sq Ft
09/16/2019 09/16/19 Off Market $306,000 -- --
09/15/2019 09/15/19 For Sale $309,000 +1.0% $171 / Sq Ft
07/31/2019 07/31/19 Sold $306,000 -1.0% $170 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
07/13/2019 07/13/19 For Sale $309,000 0.0% $171 / Sq Ft
09/15/2012 09/15/12 Rented $1,600 -3.0% --
08/09/2012 08/09/12 Under Contract -- -- --
06/07/2012 06/07/12 For Rent $1,650 -- --
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 $4,452 $175,840 $0 $0
2022 $4,967 $154,540 $0 $0
2020 $4,026 $128,100 $22,650 $105,450
2015 -- $84,350 $0 $0
2014 -- $76,400 $0 $0
2011 -- $81,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219069190

Realcomp

APN: 22-25-251-014