NOT LISTED FOR SALE

40344 Franklin Mill St Novi, MI 48375

Estimated Value: $414,000 - $442,000

3 Beds
1.5 Baths
1,484 Sq Ft
$288/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $290,000 $195 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,634/month

16 Days on Market

Highlights

  • Tennis Courts
  • Outdoor Pool
  • Ranch Style House
  • Novi High School Rated A+
  • Clubhouse
  • Porch

About This Home

As of July 2018

Completely remodeled inside, this 3 bedroom ranch will not last long. Improvements completed in the past year, new roof, siding, windows, HVAC, hot water tank, front porch, back patio, exterior doors, and everything inside. All the appliances are new as well. Not "newer", brand new with-in the year. Located in the desirable Village Oaks subdivision with low HOA dues and pool/clubhouse to enjoy this summer. The home is an easy walk to the elementary school with playground. If you are looking to downsize, this is the perfect home. No updating needed, just move right in.

Last Agent to Sell the Property

Mark Mcdonald

Opul Realty License #6501389315 Listed on: 05/24/2018

Last Buyer's Agent

Nick Coppola

Real Broker LLC License #6502140119

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1976 | Remodeled in 2018

Lot Details

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

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • 1,484 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Tennis Courts
  • Patio
  • Porch

Utilities

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

Additional Features

  • Partially Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 2225251026

Community Details

Overview

  • Fairfield Farms Sub Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,243

Year Built

Built in 1976 | Remodeled in 2018

Lot Details

0

HOA Fees

$18 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 81.12
  • Year Built: 1976
  • Year Renovated: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2184
  • Sq Ft Lower Floor: 700
  • Total Sq Ft: 1484
  • Sq Ft Total Bsmt: 1264

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exclusions: Yes
  • Exterior Features: Club House, Pool – Community, Tennis Court
  • Foundation Materials: Block
  • Frontage Feet: 80
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: 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: 220
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1303913.0435
  • Lot Size Area: 0.23
  • Lot Dimensions: 80X125
  • Parcel Number: 2225251026

Tax Info

  • Tax Amount Summer: 2638.0000
  • Tax Amount Winter: 605.0000
  • Total Tax: 3243.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2018
Closed on
Jul 27, 2018
Sold by
Vanhouten Janna
Bought by
Rosenthal Joel and Rosenthal Jamie
Seller's Agent
Mark Mcdonald
Opul Realty
Buyer's Agent
Nick Coppola
Real Broker LLC
List Price
$309,900
Sold Price
$290,000
Premium/Discount to List
-$19,900
-6.42%
Current Estimated Value
$428,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,075
Avg. Annual Appreciation
5.53%
Original Mortgage
$242,250
Outstanding Balance
$210,384
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$217,691

Purchase Details

Listed on
Nov 3, 2016
Closed on
Feb 21, 2017
Sold by
Weaver Julie R
Bought by
Vanhouten Janna
Seller's Agent
Jim DiMora
Keller Williams Advantage
Buyer's Agent
Mark Mcdonald
Opul Realty
List Price
$210,000
Sold Price
$208,000
Premium/Discount to List
-$2,000
-0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.16%
Original Mortgage
$166,400
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2010
Sold by
Weaver Michael D and Weaver Julie R
Bought by
Weaver Julie R and Julie Weaver Trust

Purchase Details

Closed on
Jan 21, 2005
Sold by
Daly Mark A and Daly Linda J
Bought by
Weaver Michael D and Weaver Julie R

Purchase Details

Closed on
Aug 14, 1996
Sold by
Thoemmes Franz
Bought by
Daly Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,400
Interest Rate
8.3%
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
Rosenthal Joel $290,000 Title Source Inc
Vanhouten Janna $208,000 None Available
Weaver Julie R -- None Available
Weaver Michael D $213,500 Metropolitan Title Company
Daly Mark A $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosenthal Joel $242,250
Previous Owner Vanhouten Janna $166,400
Previous Owner Daly Mark A $140,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2018 07/27/18 Sold $290,000 -3.3% $195 / Sq Ft
06/09/2018 06/09/18 Pending -- -- --
05/31/2018 05/31/18 Price Changed $299,900 -3.2% $202 / Sq Ft
05/24/2018 05/24/18 For Sale $309,900 +49.0% $209 / Sq Ft
02/21/2017 02/21/17 Sold $208,000 -1.0% $140 / Sq Ft View Prior Sale
01/13/2017 01/13/17 Pending -- -- --
11/03/2016 11/03/16 For Sale $210,000 -- $142 / 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 $4,230 $151,510 $0 $0
2022 $3,850 $143,270 $0 $0
2020 $3,826 $131,300 $20,600 $110,700
2015 -- $105,450 $0 $0
2014 -- $81,100 $0 $0
2011 -- $88,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Mcdonald

    Seller's Agent in 2018

    Mark Mcdonald

    Opul Realty

    (248) 867-2330

    16 in this area

    84 Total Sales

    Mark Mcdonald
    Section Image

  • N

    Buyer's Agent in 2018

    Nick Coppola

    Real Broker LLC

    Section Image
  • Jim DiMora

    Seller's Agent in 2017

    Jim DiMora

    Keller Williams Advantage

    (248) 505-7728

    91 in this area

    247 Total Sales

    Jim DiMora
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 218042316

Realcomp

APN: 22-25-251-026

Michigan Oakland County Novi 48375

40344 Franklin Mill St, Novi, MI

This home is located at 40344 Franklin Mill St, Novi, MI 48375 since 24 May 2018 and is currently estimated at $428,075, approximately $288 per square foot. This property was built in 1976. 40344 Franklin Mill St is a home located in Oakland County with nearby schools including Novi High School, Village Oaks Elementary 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
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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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