NOT LISTED FOR SALE

40487 Village Wood Rd Novi, MI 48375

Estimated Value: $436,000 - $463,000

4 Beds
2.5 Baths
1,736 Sq Ft
$259/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $285,000 $164 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,832/month

5 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Dock Facilities
  • Lake Privileges
  • Novi High School Rated A+
  • Outdoor Pool
  • Colonial Architecture

About This Home

As of October 2019

Fabulous opportunity to purchase a lake front property in the highly desired Village Oaks subdivision. This home is located within walking distance to highly acclaimed Village Oaks Elementary School. Right around the corner and within walking distance to the neighborhood pool, park and clubhouse. This 4 bedroom colonial has a very functional layout with a large family room with a fireplace and stunning views with direct access to the deck that leads to the large back yard that leads down to the lake. The lake is a non-motorized lake but you can have a canoe, paddle board or paddle boat. Check out the row boat on the shore, which is included, with the home. Convenient location; minutes from all the great shopping and dining that Novi has to offer along with easy access to major expressways,(I696,I96,I275 & M14)- Call for your appointment today!

Last Agent to Sell the Property

Dawn Mueller

Coldwell Banker Professionals-Northville License #6501320868 Listed on: 08/23/2019

Coldwell Banker Professionals-Northville

Last Buyer's Agent

Claire Kona

Good Company License #6501368890

Good Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1974

Lot Details

  • Lot Dimensions are 80 x 130
  • 80 Feet of Waterfront
  • Lake Front

HOA Fees

  • $27 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,736 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Water Views
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Dock Facilities
  • Lake Privileges
  • Deck
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2225402003

Community Details

Overview

  • Vocaahoa Office@Vocaa.Com Association, Phone Number (248) 349-0570
  • Heatherwoode Sub Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,738

Year Built

Built in 1974

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 82.74
  • Year Built: 1974
  • Foundation Features: Sump Pump
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 13
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1736
  • Total Sq Ft: 1736
  • Sq Ft Total Bsmt: 725

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Village Oaks
  • Pool: Yes
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Construction Features: Platted Sub.
  • Exterior Features: Club House, Pool – Community
  • Foundation Materials: Poured
  • Frontage Feet: 80
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Paved
  • Water Frontage Feet: 80.00
  • Waterfront Description: Lake Front, Lake/River Priv

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 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 Frequency: Annually
  • Phone: 248 349-0570 - vocaa@SBCGLOBAL.NET
  • Association Fee: 320
  • Association Contact: VOCAAHOA - OFFICE@VOCAA.COM
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Water View
  • Lot Dimensions: 80 x 130
  • Parcel Number: 2225402003

Tax Info

  • Tax Amount Summer: 3881.0000
  • Tax Amount Winter: 857.0000
  • Total Tax: 4738.0000

Multi Family

  • Waterfront Features: Dock Facilities

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2024
Sold by
Shiozawa Kazuki
Bought by
Shiozawa Kazuki and Shiozawa Ryoko
Current Estimated Value
$450,220

Purchase Details

Listed on
Aug 23, 2019
Closed on
Sep 26, 2019
Sold by
Ishihara Mitsuru and Ishihara Rie
Bought by
Shiozawa Kazuki
Seller's Agent
Dawn Mueller
Coldwell Banker Professionals-Northville
Buyer's Agent
Claire Kona
Good Company
List Price
$275,000
Sold Price
$285,000
Premium/Discount to List
$10,000
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%

Purchase Details

Listed on
Aug 26, 2014
Closed on
Oct 16, 2014
Sold by
Peterson Robert J and Peterson Robert John
Bought by
Ishihara Mitsuru and Ishihara Rie
Seller's Agent
Jeff Duneske
Keller Williams Advantage Northville
Buyer's Agent
Jeff Duneske
Keller Williams Advantage
List Price
$239,999
Sold Price
$235,000
Premium/Discount to List
-$4,999
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.96%

Purchase Details

Closed on
Aug 18, 2005
Sold by
Stevens Lynda G Peterson
Bought by
Peterson Robert J and Peterson Robert John
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shiozawa Kazuki -- None Listed On Document
Shiozawa Kazuki -- None Listed On Document
Shiozawa Kazuki $285,000 Ata National Title Group Llc
Ishihara Mitsuru $235,000 None Available
Peterson Robert J $34,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2019 10/04/19 Sold $285,000 +3.6% $164 / Sq Ft
08/28/2019 08/28/19 Pending -- -- --
08/23/2019 08/23/19 For Sale $275,000 +17.0% $158 / Sq Ft
10/16/2014 10/16/14 Sold $235,000 -2.1% $135 / Sq Ft View Prior Sale
09/04/2014 09/04/14 Pending -- -- --
08/26/2014 08/26/14 For Sale $239,999 -- $138 / 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 $4,979 $159,570 $0 $0
2022 $5,548 $151,390 $0 $0
2020 $4,518 $144,100 $34,450 $109,650
2015 -- $118,700 $0 $0
2014 -- $115,650 $0 $0
2011 -- $99,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 219087222

Realcomp

APN: 22-25-402-003