RENTED NOV 29, 2025

40225 Oak Tree Novi, MI 48375

Novi Area

Estimated Value: $381,898

3 Beds
1.5 Baths
1,800 Sq Ft
$212/Sq Ft Est. Value

Sale Details

Date Sold: October 17, 2018

Last sale price $200,000 $111 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,477 / mo

Highlights

  • Fireplace
  • Forced Air Heating System
  • Garage

About This Home

As of November 2025

Immediate occupancy is available for this nice 3 BR, 1-1/2 bath colonial in highly desirable Fairfield Farms Sub with best schools in Novi. This house offers a spacious living room, half bath on main level, and a separate family room with a natural fireplace and a sliding door to the deck and backyard. The spacious kitchen offers plenty of storage. Upstairs you find 3 nice sized bedrooms with a fully updated bathroom. The residents of this neighborhood enjoy the best schools in Novi. Close to major roadways and shopping centers. A minimum credit score of 620 is required to apply, no smoking, no pets, application link to copy & paste into your browser is provided through email upon request. Some of the deck boards are being replaced.

Last Agent to Rent the Property

Sam Amona

New Michigan Realty, LLC License #6501409424 Listed on: 07/26/2025

New Michigan Realty, LLC

Last Renter's Agent

Sam Amona

New Michigan Realty, LLC License #6501409424 Listed on: 07/26/2025

New Michigan Realty, LLC
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975 | Remodeled in 2019

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x125

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • Fireplace
  • Basement
  • Sump Pump

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Fairfield Farms Subdivision

Listing and Financial Details

  • Security Deposit $3,525
  • Application Fee: 50.00
  • Assessor Parcel Number 2225251009

Home Details

Home Type

Single Family

Year Built

Built in 1975 | Remodeled in 2019

Lot Details

10,019 Sq Ft Lot

Parking

2

Rental Info

  • Application Fee: 50.00
  • Lease Type: SingleFamilyHouse
  • Rent Includes: TrashCollection
  • Security Deposit: 3525.00

Listing Details

  • Property Type: ResidentialLease
  • Year Built: 1975
  • Year Renovated: 2019
  • Entry Location: GroundLevel
  • Pets Allowed: No
  • Property Sub Type: SingleFamilyResidence
  • LotSizeAcres: 0.23
  • Co List Office Mls Id: 362586
  • Above Grade Finished Sq Ft: 1400.00
  • Living Area: 1800.00
  • ClassName: ResidentialLease
  • LeaseTermsAvailable: Months12, Months13to24, Months25to36
  • ThirdPartyApprovalRequiredYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 400.00

Exterior Features

  • Waterfront: No
  • Foundation Details: Basement, Poured, SumpPump
  • Construction Materials: Brick
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes

Utilities

  • Heating: ForcedAir, NaturalGas
  • Sewer: PublicSewer
  • Water Source: Public

Fee Information

  • Additional Fee: 150.00

Schools

  • Junior High Dist: Novi

Lot Info

  • Lot Dimensions: 80X125
  • Parcel Number: 2225251009

Multi Family

  • Above Grade Finished Area Units: SquareFeet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2018
Closed on
Oct 17, 2018
Sold by
Bought by
Seller's Agent
Laurie Schwandt
RE/MAX Classic
Buyer's Agent
Sam Amona
New Michigan Realty, LLC
List Price
$197,000
Sold Price
$200,000
Premium/Discount to List
$3,000
1.52%
Current Estimated Value
$381,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,898
Avg. Annual Appreciation
8.59%
Original Mortgage
$110,000
Outstanding Balance
$94,345
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$287,553
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$200,000 Embassy Title Agency Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $110,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2025 11/29/25 Rented $2,250 -1.1% --
11/27/2025 11/27/25 Under Contract -- -- --
10/04/2025 10/04/25 Price Changed $2,275 -1.1% $1 / Sq Ft
09/04/2025 09/04/25 Price Changed $2,300 -2.1% $1 / Sq Ft
07/26/2025 07/26/25 For Rent $2,350 0.0% --
10/17/2018 10/17/18 Sold $200,000 +1.5% $143 / Sq Ft View Prior Sale
09/17/2018 09/17/18 Pending -- -- --
09/12/2018 09/12/18 For Sale $197,000 0.0% $141 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
08/13/2018 08/13/18 For Sale $197,000 -- $141 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,859 $140,140 $0 $0
2022 $3,403 $129,580 $0 $0
2020 $3,384 $108,700 $20,600 $88,100
2015 -- $82,350 $0 $0
2014 -- $68,050 $0 $0
2011 -- $77,600 $0 $0
Source: Public Records

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Map

Source: Realcomp

MLS Number: 20251021073

Realcomp

APN: 22-25-251-009

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