NOT LISTED FOR SALE

40715 Oakwood Dr Novi, MI 48375

Estimated Value: $404,000 - $438,000

4 Beds
2 Baths
1,856 Sq Ft
$227/Sq Ft Est. Value

Last Sold October 09, 2015

Last sale price $195,000 $105 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,635/month

18 Days on Market

Highlights

  • Outdoor Pool
  • Lake Privileges
  • Deck
  • Village Oaks Elementary School Rated A+
  • Clubhouse
  • Contemporary Architecture

About This Home

As of October 2015

A great home in a super location! Popular Village Oaks sub with pool, clubhouse, 3 parks and an award winning elementary school! This contemporary raised ranch features 4 bedrooms, 2 full baths, granite kitchen and bath, stainless appliances, doorwalls to deck, gas fireplace, central air, newer wallside windows with lifetime transferable warranty, high efficiency furnace and hot water tank (less than 2 yrs old), 2 car attached garage with direct access, newer 6 panel interior doors, all appliances stay, immediate occupancy, one year home warranty, excellent location near 275, 696, downtown Northville, and tons of shopping on the Haggerty corridor as well as 12 Oaks mall. All data and meas approx.

Last Agent to Sell the Property

Linda Brand

Elite Hometown Realty License #6506044473 Listed on: 08/12/2015

Last Buyer's Agent

Katie Cauzillo

RE/MAX Encore License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1973

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 81x140

HOA Fees

  • $21 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,856 Sq Ft Home
  • Gas Fireplace
  • Family Room with Fireplace
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Outdoor Pool
  • Lake Privileges
  • Deck
  • Exterior Lighting
  • Shed
  • Porch

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2225380003
  • $5,000 Seller Concession

Community Details

Overview

  • Vocaa Association, Phone Number (248) 349-0510
  • Heatherwyke Sub Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,722

Year Built

Built in 1973

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary, Raised Ranch
  • Architecture Level: Bi-Level
  • Warranty: Yes
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Air Purifier, Cable Available, Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1856
  • Total Sq Ft: 1856
  • Sq Ft Total Bsmt: 650

Exterior Features

  • Pool: Yes
  • Foundation Details: Slab
  • Construction Materials: Brick, Wood
  • Exterior Features: Club House, Lighting, Pool – Community
  • Foundation Materials: Poured
  • Frontage Feet: 81
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved
  • Waterfront Description: Lake/River Priv

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • 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: 250
  • Association Contact: VOCAA
  • Association Fee: No

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • List Price per Acre: 757692.3077
  • Lot Size Area: 0.26
  • Lot Dimensions: 81x140
  • Parcel Number: 2225380003

Tax Info

  • Tax Amount Summer: 2236.0000
  • Tax Amount Winter: 486.0000
  • Total Tax: 2722.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2015
Closed on
Oct 9, 2015
Sold by
Yauck Laura A
Bought by
Palchak Andrew and Palchak Maya
Seller's Agent
Linda Brand
Elite Hometown Realty
Buyer's Agent
Katie Cauzillo
RE/MAX Encore
List Price
$197,000
Sold Price
$195,000
Premium/Discount to List
-$2,000
-1.02%
Current Estimated Value
$421,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,223
Avg. Annual Appreciation
7.75%
Original Mortgage
$185,000
Outstanding Balance
$147,679
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$259,859

Purchase Details

Closed on
Feb 22, 2012
Sold by
Yauck Robert D and Yauck Laura A
Bought by
Yauck Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,299
Interest Rate
3.31%
Mortgage Type
FHA
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
Palchak Andrew $195,000 Multiple
Yauck Laura A -- Servicelink
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palchak Andrew $185,000
Previous Owner Yauck Laura A $160,001
Previous Owner Yauck Laura A $141,299
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2015 10/09/15 Sold $195,000 -1.0% $105 / Sq Ft
08/30/2015 08/30/15 Pending -- -- --
08/12/2015 08/12/15 For Sale $197,000 -- $106 / 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 $3,827 $145,000 $0 $0
2022 $4,278 $140,140 $0 $0
2020 $3,464 $114,400 $23,950 $90,450
2015 -- $97,800 $0 $0
2014 -- $87,300 $0 $0
2011 -- $78,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215087085

Realcomp

APN: 22-25-380-003