NOT LISTED FOR SALE

40360 Franklin Mill St Novi, MI 48375

Estimated Value: $368,960 - $431,000

4 Beds
2 Baths
1,734 Sq Ft
$236/Sq Ft Est. Value

Last Sold July 10, 2015

Last sale price $193,500 $112 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,459/month

37 Days on Market

Highlights

  • Deck
  • Raised Ranch Architecture
  • Forced Air Heating and Cooling System
  • Novi High School Rated A+
  • 2 Car Direct Access Garage
  • Fenced

About This Home

As of July 2015

Great 4 bed,2 bath,family home in Novi. Mature landscaping gives great curb appeal w/double front doors leading you into entry. Updated kitchen has granite counter-tops, lots of storage &breakfast nook.Tons of natural lights fills kitchen from new vinyl doors shining on the stone back splash. Huge living area is open w/lookout to grand entry lots of light pour from doors leading out to bi-level deck. Master bedroom has large closet, neutral floors &fantastic en-suite w/duel entry& lots of storage. 3 additional bedrooms have lots of windows for natural light &share large full bath w/plenty of storage &huge shower bath combo.2 separate walkouts from multi-level deck to an enormous fenced-in backyard w/mature tress &lush lawn.Full house painted &new garage door opener installed-2014,new plush carpet in most rooms,new showers in both bathrooms-2013.New water heater-2012.Kitchen redone-2011. Exterior painted-2010. Elementary school is at end of block &pool playground &clubhouse incl. in HOA

Last Agent to Sell the Property

Michael Perna

EXP Realty Main License #6501309650 Listed on: 05/05/2015

EXP Realty Main

Co-Listed By

Mary Jo Hahn

Keller Williams Ann Arbor Market Center License #6501378361

Last Buyer's Agent

Nicholas Sadiq

Community Choice Realty Inc License #RCO-6501339319

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1975

Lot Details

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

HOA Fees

  • $20 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,734 Sq Ft Home
  • Gas Fireplace
  • Family Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Association Phone (248) 349-0510
  • Fairfield Farms Sub Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2225251025
  • $3,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,893

Year Built

Built in 1975

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Raised Ranch
  • Architecture Level: Bi-Level
  • Warranty: Yes
  • Year Built: 1975
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Sq Ft Combined: 1734
  • Total Sq Ft: 1734

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 80
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener
  • 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
  • Phone: 248-349-0510
  • Association Fee: 238
  • Association Fee: No

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • List Price per Acre: 952173.9130
  • Lot Size Area: 0.23
  • Lot Dimensions: 80X125
  • Parcel Number: 2225251025

Tax Info

  • Tax Amount Summer: 2376.0000
  • Tax Amount Winter: 517.0000
  • Total Tax: 2893.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2015
Closed on
Jul 10, 2015
Sold by
Rao Anil K M and Mudigal Prasanna
Bought by
Mauro Marie
Seller's Agent
Michael Perna
EXP Realty Main
Buyer's Agent
Nicholas Sadiq
Community Choice Realty Inc
List Price
$219,000
Sold Price
$193,500
Premium/Discount to List
-$25,500
-11.64%
Current Estimated Value
$408,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,240
Avg. Annual Appreciation
7.66%
Original Mortgage
$183,825
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2003
Sold by
Hall Kevin Michael and Hall Elizabeth
Bought by
Rao Anil K M and Mudigal Prasanna

Purchase Details

Closed on
Apr 22, 1996
Sold by
Dent Jack
Bought by
Hall Kevin Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
8.1%
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
Mauro Marie $193,500 Stg
Rao Anil K M $220,000 1St Security Title Inc
Hall Kevin Michael $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mauro Marie $178,500
Closed Mauro Marie $183,825
Previous Owner Mudigal Anil K $151,500
Previous Owner Mudigal Anil Kumar $175,756
Previous Owner Hall Kevin Michael $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2015 07/10/15 Sold $193,500 -11.6% $112 / Sq Ft
06/11/2015 06/11/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $219,000 -- $126 / 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 $2,751 $112,680 $0 $0
2022 $3,092 $99,910 $0 $0
2020 $2,497 $86,100 $20,600 $65,500
2015 -- $83,600 $0 $0
2014 -- $75,600 $0 $0
2011 -- $80,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215042954

Realcomp

APN: 22-25-251-025