NOT LISTED FOR SALE

40748 Lenox Park Dr Unit 21 Novi, MI 48377

Estimated Value: $449,119 - $479,000

3 Beds
4 Baths
1,826 Sq Ft
$360/mo HOA Fee

Last Sold June 07, 2024

Last sale price $435,000 $238 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,245/month

30 Days on Market

Highlights

  • Cape Cod Architecture
  • Ground Level Unit
  • Fireplace in Basement
  • Deck
  • 2 Car Attached Garage
  • Forced Air Heating System

About This Home

As of June 2024

Welcome home to the Lenox Park community conveniently located at 13 Mile & M5 in Novi. Surrounded by nature, this spacious cape cod condo has an open floor plan with 3 bedrooms and 4 full bathrooms. The great room boasts vaulted ceilings with a gas fireplace and is open to the kitchen and breakfast nook. The kitchen is equipped with stainless steel appliances, granite countertops with plenty of space for meal preparation and ample cabinets for storage. Relax on the deck with retractable awning and enjoy the wooded views. The primary bedroom is located on the main level featuring a private bathroom, bay window and walk-in closet. Office, full bath and laundry room round out the main floor. Upstairs you will find a private bedroom suite and huge storage area. The finished lower level has a large family room with fireplace and built-in speakers, full bathroom and an extra bedroom to use as you please. Plenty of storage and daylight windows keep this space bright. Recent updates include new HVAC system (2022), hot water tank (2022) and sump pump with back-up battery system (2024).

Last Agent to Sell the Property

Jennifer McBride

Century 21 Curran & Oberski License #6501399754 Listed on: 05/03/2024

Century 21 Curran & Oberski

Last Buyer's Agent

Denise Her

REALTEAM Real Estate License #6501446117

REALTEAM Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2005

Lot Details

  • 64.91

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,826 Sq Ft Home
  • 2-Story Property
  • Great Room with Fireplace

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Finished Basement

  • Sump Pump
  • Fireplace in Basement
  • Natural lighting in basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 2201326021

Community Details

Overview

  • Kramer & Triad Association, Phone Number (248) 888-4700
  • Lenox Park Condo Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,505

Year Built

Built in 2005

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Cape Cod
  • Architecture Level: 2 Story
  • Assessment: 112.00
  • Year Built: 2005
  • State Equalized Value: 188470.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Pets Allowed: Number Limit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Basement, Great Room
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Daylight, Finished
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave
  • Total Sq Ft: 1826

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Foundation Materials: Poured
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Grounds, Trash
  • Association Fee Frequency: Monthly
  • Phone: 248-888-4700
  • Association Fee: 360
  • Association Contact: Kramer & Triad
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • Parcel Number: 2201326021

Tax Info

  • Tax Amount Summer: 4212.0000
  • Tax Amount Winter: 293.0000
  • Total Tax: 4505.0000
  • Taxable Value: 139540.0000

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Jun 7, 2024
Sold by
Elaine R Escott Trust and Klein Kathryn E
Bought by
Perumal Varoun and Narayanaswamy Sharanyaa
Seller's Agent
Jennifer McBride
Century 21 Curran & Oberski
Buyer's Agent
Denise Her
REALTEAM Real Estate
List Price
$430,000
Sold Price
$435,000
Premium/Discount to List
$5,000
1.16%
Views
96
Current Estimated Value
$463,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,280
Avg. Annual Appreciation
3.99%
Original Mortgage
$391,500
Outstanding Balance
$385,678
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$77,602

Purchase Details

Closed on
Nov 16, 2009
Sold by
Escott Elaine R
Bought by
Escott Elaine R and Elaine R Escott Trust

Purchase Details

Closed on
May 22, 2006
Sold by
Pt Commerce Llc
Bought by
Escott Elaine R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Perumal Varoun $435,000 None Listed On Document
Perumal Varoun $435,000 None Listed On Document
Perumal Varoun $435,000 None Listed On Document
Escott Elaine R -- None Available
Escott Elaine R $355,810 Greco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perumal Varoun $391,500
Closed Perumal Varoun $391,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2024 06/07/24 Sold $435,000 +1.2% $238 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $430,000 -- $235 / 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 $4,450 $188,470 $0 $0
2022 $4,304 $169,490 $0 $0
2020 $4,069 $165,500 $31,500 $134,000
2015 -- $133,650 $0 $0
2014 -- $128,750 $0 $0
2011 -- $124,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer McBride

    Seller's Agent in 2024

    Jennifer McBride

    Century 21 Curran & Oberski

    (248) 692-4828

    9 in this area

    53 Total Sales

    Jennifer McBride
    Section Image

  • D

    Buyer's Agent in 2024

    Denise Her

    REALTEAM Real Estate

    (586) 789-6564

    1 in this area

    7 Total Sales

    Denise Her
    Section Image
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Map

Source: Realcomp

MLS Number: 20240027915

Realcomp

APN: 22-01-326-021

Michigan Oakland County Novi 48377

40748 Lenox Park Dr Unit 21, Novi, MI

Not Listed for Sale

Condos

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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