NOT LISTED FOR SALE

40143 Oak Tree Novi, MI 48375

Estimated Value: $396,000 - $417,000

3 Beds
1.5 Baths
1,560 Sq Ft
$261/Sq Ft Est. Value

Last Sold June 08, 2016

Last sale price $235,000 $151 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,625/month

5 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • 2 Car Direct Access Garage
  • Village Oaks Elementary School Rated A+
  • Clubhouse
  • Porch

About This Home

As of June 2016

PLEASE NOTE: MULTIPLE OFFERS-HIGHEST & BEST BY SUN 5/1/16 6:00 PM.WELCOME HOME TO HOUSE BEAUTIFUL!EXTENSIVE UPDATES/REMODELING THROUGHOUT INCLUDING GORGEOUS OPEN CONCEPT KITCHEN W/GRANITE COUNTERS,BACKSPLASH,HIGH END APPLIANCES,LARGE WORK ISLAND, RECESSED LITES & PLENTY OF CABINET STORAGE.SPACIOUS LIVING ROOM WITH CUSTOM BUILT-INS,WINDOW SEAT & RECESSED LITES.GLEAMING WOOD PARQUET FLOORS IN MANY ROOMS.INVITING FAMILY ROOM WITH FIREPLACE & DOORWALL TO LOVELY LANDSCAPED BACKYARD & PATIO.FABULOUS UPDATED BATH WITH EXTENSIVE USE OF GRANITE & MARBLE,EUROPEAN STYLE SHOWER,RECESSED LITES.LARGE MASTER BEDROOM WITH WIC & ORGANIZERS,WINDOW SEAT,CEILING FAN.PELLA WINDOWS THRU-OUT& DOORWALL W/INSET BLINDS, 6 PANEL DOORS,CROWN MOLDINGS,WATER BACK-UP SUMP PUMP.MATENANCE FREE EXTERIOR,DIMENSIONAL ROOF,STAMPED CONCRETE WALKWAYS& PATIO.TOP-RATED NOVI SCHOOLS!CLUBHOUSE,POOL,PLAYGROUND & ELEMENTARY SCHOOL IN NEIGHBORHOOD.

Last Agent to Sell the Property

Michelle Michael

RE/MAX Classic License #6502120271 Listed on: 04/27/2016

Last Buyer's Agent

John Taschner

Vision Realty Centers License #6501368046

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 80x125

HOA Fees

  • $20 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Unfinished Basement
  • Sump Pump
  • Security System Leased

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • 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

Listing and Financial Details

  • Assessor Parcel Number 2225251012

Community Details

Overview

  • Village Oaks Association, Phone Number (248) 349-0510
  • Fairfield Farms Sub Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,817

Year Built

Built in 1975

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1975
  • Foundation Features: Sump Pump
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Security Alarm (rented)
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1560
  • Total Sq Ft: 1560
  • Sq Ft Total Bsmt: 400

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Club House, Lighting, Pool – Community, Pool - Inground
  • Foundation Materials: Poured
  • Frontage Feet: 80
  • Porch Type: 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
  • Phone: 248-349-0510
  • Association Fee: 245
  • Association Contact: VILLAGE OAKS
  • Association Fee: No

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Dimensions: 80X125
  • Parcel Number: 2225251012

Tax Info

  • Tax Amount Summer: 2318.0000
  • Tax Amount Winter: 499.0000
  • Total Tax: 2817.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2021
Sold by
Han Steven and Han Elizabeth
Bought by
Singh Jaspal and Kaur Ravinder
Current Estimated Value
$406,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$244,564
Interest Rate
2.04%
Mortgage Type
New Conventional
Estimated Equity
$164,143

Purchase Details

Listed on
Apr 27, 2016
Closed on
Jun 8, 2016
Sold by
Pennington Sandra H
Bought by
Han Steven and Miller Elizabeth
Seller's Agent
Michelle Michael
RE/MAX Classic
Buyer's Agent
John Taschner
Vision Realty Centers
List Price
$229,900
Sold Price
$235,000
Premium/Discount to List
$5,100
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$235,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 23, 2012
Sold by
Pennington Sandra H and Pennington Sandra
Bought by
Pennington Sandra H and Sandra H Pennington Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Singh Jaspal $300,000 Reputation First Ttl Agcy Ll
Han Steven $235,000 None Available
Pennington Sandra H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Jaspa $270,000
Previous Owner Han Steven O $235,000
Previous Owner Pennington Sandra $100,000
Previous Owner Pennington Sandra $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2016 06/08/16 Sold $235,000 +2.2% $151 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $229,900 -- $147 / 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 $4,684 $152,870 $0 $0
2022 $5,223 $141,280 $0 $0
2020 $3,557 $120,400 $20,600 $99,800
2015 -- $88,700 $0 $0
2014 -- $73,000 $0 $0
2011 -- $83,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Michelle Michael

    RE/MAX of Southeast Michigan

    Section Image

  • J

    Buyer's Agent in 2016

    John Taschner

    Vision Realty Centers

    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 216040523

Realcomp

APN: 22-25-251-012

Michigan Oakland County Novi 48375

40143 Oak Tree, Novi, MI

This home is located at 40143 Oak Tree, Novi, MI 48375 since 27 April 2016 and is currently estimated at $406,522, approximately $260 per square foot. This property was built in 1975. 40143 Oak Tree is a home located in Oakland County with nearby schools including Village Oaks Elementary School, Novi High School, and Novi Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes