NOT LISTED FOR SALE

40328 Franklin Mill St Novi, MI 48375

Estimated Value: $422,000 - $440,000

3 Beds
2.5 Baths
1,596 Sq Ft
$268/Sq Ft Est. Value

Last Sold June 07, 2019

Last sale price $280,000 $175 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,749/month

1 Day on Market

Highlights

  • Clubhouse
  • Ranch Style House
  • 1 Car Direct Access Garage
  • Village Oaks Elementary School Rated A+
  • Covered Patio or Porch
  • Security System Owned

About This Home

As of June 2019

Hard to find -Brick ranch in Novi's popular Village Oak sub. 1st time offer in over 30 yrs. 3 bedroom 2.1 bath home has a great open floor plan for entertaining. Updated Kitchen is outfitted with tons of Cabinets, Quartz Counters, and high-end appliances opens to breakfast area and family room. Updated baths on main floor.Home has Pella windows w/built in blinds thru out, LED can lights in the living and family rooms,1st floor laundry conversion for added convenience. Finished basement with additional bath and tons of storage Newer driveway and patio w/ privacy fence.This is a kid friendly sub, with swimming pool, parades, Easter egg hunts, parks, ponds. Novi Schools with elementary school at the end of the street. Welcome home!!!

Last Agent to Sell the Property

Nancy Downey

Coldwell Banker Professionals-Northville License #6501298571 Listed on: 04/18/2019

Coldwell Banker Professionals-Northville

Last Buyer's Agent

Randal Goodson

Real Estate One-Northville License #6501192974

Real Estate One-Northville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1975

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 77 x 125

HOA Fees

  • $22 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,596 Sq Ft Home
  • Ceiling Fan
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Interior Basement Entry
  • Sump Pump

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2225251027

Community Details

Overview

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

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,290

Year Built

Built in 1975

Lot Details

0

HOA Fees

$22 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1975
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Security Alarm (owned)
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2296
  • Sq Ft Lower Floor: 700
  • Total Sq Ft: 1596
  • Sq Ft Total Bsmt: 1264

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Construction Features: Platted Sub.
  • Exterior Features: Club House, Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 77
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 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: www.vocaa.org/248-349-0510
  • Association Fee: 259
  • Association Contact: Village Oaks
  • Association Fee: No

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1268181.8182
  • Lot Size Area: 0.22
  • Lot Dimensions: 77 x 125
  • Parcel Number: 2225251027

Tax Info

  • Tax Amount Summer: 2678.3600
  • Tax Amount Winter: 611.7400
  • Total Tax: 3290.1000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2019
Closed on
Jun 7, 2019
Sold by
Burgess Robert K and Burgess Sharon L
Bought by
Sinha Biswajit and Sinha Sathi
Seller's Agent
Nancy Downey
Coldwell Banker Professionals-Northville
Buyer's Agent
Randal Goodson
Real Estate One-Northville
List Price
$279,000
Sold Price
$280,000
Premium/Discount to List
$1,000
0.36%
Current Estimated Value
$427,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,932
Avg. Annual Appreciation
6.45%
Original Mortgage
$271,600
Interest Rate
4.1%
Mortgage Type
New Conventional
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
Sinha Biswajit $280,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sinha Biswajit $269,125
Closed Sinha Biswajit $271,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2019 06/07/19 Sold $280,000 +0.4% $175 / Sq Ft
04/19/2019 04/19/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $279,000 -- $175 / 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 $4,734 $157,290 $0 $0
2022 $5,278 $148,780 $0 $0
2020 $4,279 $136,350 $20,150 $116,200
2015 -- $105,250 $0 $0
2014 -- $80,850 $0 $0
2011 -- $88,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2019

    Nancy Downey

    Coldwell Banker Professionals-Northville

    Section Image
  • Randal Goodson

    Buyer's Agent in 2019

    Randal Goodson

    Real Estate One

    (248) 305-1900

    6 in this area

    93 Total Sales

    Randal Goodson
    Section Image
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Map

Source: Realcomp

MLS Number: 219034846

Realcomp

APN: 22-25-251-027

Michigan Oakland County Novi 48375

40328 Franklin Mill St, Novi, MI

This home is located at 40328 Franklin Mill St, Novi, MI 48375 since 18 April 2019 and is currently estimated at $427,932, approximately $268 per square foot. This property was built in 1975. 40328 Franklin Mill St 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

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