NOT LISTED FOR SALE

40469 Village Wood Rd Novi, MI 48375

Estimated Value: $443,202 - $532,000

4 Beds
2.5 Baths
1,736 Sq Ft
$272/Sq Ft Est. Value

Last Sold April 12, 2013

Last sale price $250,000 $144 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,974/month

Highlights

  • Dock Facilities
  • Home fronts a pond
  • No HOA
  • Novi High School Rated A+
  • Colonial Architecture
  • Covered Patio or Porch

About This Home

As of August 2018

Great house for entertaining. Dream of living in a lake front home- here you are! You can boat and fish right in your back yard. Kitchen is the heart of this home with cherry cabinets, granite counters and access to the family room and the outdoors. Master suite with walk in shower and ceramic tile. Lots of space for office, crafts, dining, and relaxing with four beds and both living room and family room. Clean open space down stairs. Prefer 24 month lease. Good credit, no pets. Application attached. $300 non-refundable cleaning fee, and 1.5 Months security deposit. Call with questions.

Last Agent to Rent the Property

Nancy Tochman

RE/MAX Classic License #6501386571 Listed on: 06/15/2018

RE/MAX Classic

Last Renter's Agent

Susan Loos

RE/MAX Classic License #RCO-6501391659

RE/MAX Classic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,623

Year Built

  • Built in 1975

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 80.01x130
  • Home fronts a pond

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,736 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Unfinished Basement
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Dock Facilities
  • Covered Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Heatherwoode Sub Subdivision

Listing and Financial Details

  • Security Deposit $3,750
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Assessor Parcel Number 2225402004

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,623

Year Built

Built in 1975

Lot Details

0

Rental Info

  • Lease Type: Single Family House
  • Security Deposit: 3750.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1975
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1836
  • Sq Ft Lower Floor: 100
  • Total Sq Ft: 1736
  • Sq Ft Total Bsmt: 1700

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Wood
  • Foundation Materials: Block
  • Frontage Feet: 80
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved
  • Waterfront Description: Pond

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 2+ Assigned Spaces, Attached, 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: No

Fee Information

  • Additional Fee: 300.00

Schools

  • School District: Novi

Lot Info

  • List Price per Acre: 10416.6667
  • Lot Size Area: 0.24
  • Lot Dimensions: 80.01X130
  • Parcel Number: 2225402004

Multi Family

  • Length of Lease: 12 Months, 13-24 Months
  • Waterfront Features: Dock Facilities

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2018
Sold by
Lim Joo Suan and Lo Janice
Bought by
Mutaki Holdings Llc
Current Estimated Value
$472,551

Purchase Details

Listed on
Apr 24, 2013
Closed on
Apr 12, 2013
Sold by
Reichenbach Gianna and Reichenbach Gianna R
Bought by
Lim Joo Suan and Lo Janice
Seller's Agent
Wendy Liu
Community Choice Realty Inc
Buyer's Agent
Richard Childs
Coldwell Banker Professionals-Northville
Sold Price
$2,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%

Purchase Details

Closed on
May 16, 2008
Sold by
Prudential Relocation Inc
Bought by
Reichenbach Gianna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,922
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2008
Sold by
Richardson Ii Brian D and Richardson Kristen
Bought by
Prudential Relocation Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,922
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2005
Sold by
Richardson Brian D and Richardson Laurie A
Bought by
Richardson Ii Brian D

Purchase Details

Closed on
Jul 30, 2004
Sold by
Richardson Brian D and Richardson Laurie A
Bought by
Richardson Brian D and Richardson Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
5.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 22, 2003
Sold by
Calco Elaine M
Bought by
Richardson Brian D and Richardson Laurie A
Source: Public Records

Range of Values:

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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
Mutaki Holdings Llc -- None Available
Lim Joo Suan $250,000 Capital Title Ins Agency
Reichenbach Gianna $187,900 Stewart Title Guaranty Co
Prudential Relocation Inc $201,500 Stewart Title Guaranty Co
Richardson Ii Brian D -- Pioneer Title Services
Richardson Brian D -- Pioneer Title
Richardson Brian D $260,000 Land Title Shield
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reichenbach Gianna $168,922
Previous Owner Richardson Brian D $213,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2018 08/15/18 Rented $2,250 -10.0% --
08/08/2018 08/08/18 Under Contract -- -- --
06/15/2018 06/15/18 For Rent $2,500 0.0% --
07/06/2017 07/06/17 Rented $2,500 0.0% --
06/26/2017 06/26/17 Under Contract -- -- --
06/16/2017 06/16/17 For Rent $2,500 +19.0% --
05/08/2013 05/08/13 Rented $2,100 0.0% --
05/08/2013 05/08/13 Under Contract -- -- --
04/24/2013 04/24/13 For Rent $2,100 0.0% --
04/12/2013 04/12/13 Sold $250,000 +2.1% $144 / Sq Ft View Prior Sale
04/01/2013 04/01/13 Pending -- -- --
02/25/2013 02/25/13 For Sale $244,900 -- $141 / 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 $5,623 $159,230 $0 $0
2022 $5,060 $151,020 $0 $0
2020 $4,904 $143,700 $34,450 $109,250
2015 -- $118,300 $0 $0
2014 -- $115,300 $0 $0
2011 -- $99,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218053647

Realcomp

APN: 22-25-402-004