NOT LISTED FOR SALE

40407 Franklin Mill St Novi, MI 48375

Estimated Value: $398,000 - $426,000

4 Beds
2.5 Baths
1,570 Sq Ft
$262/Sq Ft Est. Value

Sale Details

Date Sold: April 27, 2016

Last sale price $238,000 $152 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,643 / mo

6 Days on Market

Highlights

  • Pool
  • Colonial Architecture
  • Deck
  • Novi High School Rated A+
  • Clubhouse
  • 2 Car Direct Access Garage

About This Home

As of April 2016

Gorgeous Turn Key Colonial with Award Winning Novi Schools (Elementary School less than 1 Block). Large, Comfortable Living Room; Cozy Family Room with Fireplace, and built in Bookcases; Large Dining Room with Open Concept to Delightful and Updated Kitchen with Every Convenience. Beautiful Hardwood Floors throughout First Floor. Finished Basement With Glass Block Windows, Full Bath, and back-up Sump Pump system. Nice Size Fenced Yard, Garage Door and Garage Door Opener 2006, Vent in 2nd Floor Bathroom is New. Common Park Area with Pool, Clubhouse, and Playground. Great Home at an Affordable Price! See This Home and Stop Looking! Highest & Best Offers due Saturday March 12 at 8 pm. Data Approximate.

Last Agent to Sell the Property

John Marker

National Realty Centers, Inc License #6501197170 Listed on: 03/08/2016

National Realty Centers, Inc

Last Buyer's Agent

Kelly Pine

The Agency Hall & Hunter License #5301367273

The Agency Hall & Hunter

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1974

Lot Details

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

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,570 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Finished Basement
  • Sump Pump

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

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 2225252008

Community Details

Overview

  • Judy Halvorsen Association, Phone Number (248) 349-0510
  • Fairfield Farms Sub Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,824

Year Built

Built in 1974

Lot Details

10,019 Sq Ft Lot

HOA Fees

$20 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1974
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Range/Stove
  • Total Sq Ft: 1570

Exterior Features

  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Club House, Fenced, Lighting, Pool – Community
  • Foundation Materials: Poured
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access
  • 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: Judy Halvorsen
  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1064782.6087
  • Lot Size Area: 0.23
  • Lot Dimensions: 80X125
  • Parcel Number: 2225252008

Tax Info

  • Tax Amount Summer: 2324.0000
  • Tax Amount Winter: 500.0000
  • Total Tax: 2824.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2016
Closed on
Apr 27, 2016
Sold by
Parks Korey and Parks Kelly
Bought by
Parsons Neal S and Parsons Amoreena L
Seller's Agent
John Marker
National Realty Centers, Inc
Buyer's Agent
Kelly Pine
The Agency Hall & Hunter
List Price
$244,900
Sold Price
$238,000
Premium/Discount to List
-$6,900
-2.82%
Current Estimated Value
$410,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,726
Avg. Annual Appreciation
5.65%
Original Mortgage
$200,000
Outstanding Balance
$159,576
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$251,150

Purchase Details

Closed on
Jul 10, 2003
Sold by
Barden Kenneth A and Barden Barbara J
Bought by
Parks Korey
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Parsons Neal S $238,000 Title One Inc
Parks Korey $235,000 Title One Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsons Neal S $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2016 04/27/16 Sold $238,000 -2.8% $152 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $244,900 -- $156 / Sq Ft
Source: Realcomp

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 $3,933 $150,390 $0 $0
2022 $4,396 $139,040 $0 $0
2020 $3,560 $118,500 $20,600 $97,900
2015 -- $88,850 $0 $0
2014 -- $73,150 $0 $0
2011 -- $83,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Marker

    Seller's Agent in 2016

    John Marker

    National Realty Centers, Inc

    (313) 850-3020

    5 in this area

    65 Total Sales

    John Marker
    Section Image
  • Kelly Pine

    Buyer's Agent in 2016

    Kelly Pine

    The Agency Hall & Hunter

    (248) 631-8750

    4 in this area

    95 Total Sales

    Kelly Pine
    Section Image
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Map

Source: Realcomp

MLS Number: 216021227

Realcomp

APN: 22-25-252-008

Michigan Oakland County Novi 48375

40407 Franklin Mill St, Novi, MI

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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