NOT LISTED FOR SALE

40906 Village Wood Rd Unit Bldg-Unit Novi, MI 48375

Estimated Value: $485,000 - $639,859

-- Bed
3 Baths
1,624 Sq Ft
$329/Sq Ft Est. Value

About This Home

This home is located at 40906 Village Wood Rd Unit Bldg-Unit, Novi, MI 48375 and is currently estimated at $533,715, approximately $328 per square foot. 40906 Village Wood Rd Unit Bldg-Unit is a home located in Oakland County with nearby schools including Novi High School, Village Oaks Elementary School, and Novi Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2018
Sold by
Shea Eric R and Shea Mary
Bought by
Hoffmeier Willis L and Hoffmeier Barbara A
Current Estimated Value
$533,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,400
Outstanding Balance
$208,459
Interest Rate
3.24%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$325,256

Purchase Details

Closed on
May 25, 2012
Sold by
Shea Eric R
Bought by
Shea Eric R and Shea Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2005
Sold by
Rawlinson Peter J and Rawlinson Kathleen E
Bought by
Shea Eric R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,900
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 16, 2004
Sold by
Reichhard Christian and Reichhard Andrea
Bought by
Rawlinson Peter J and Rawlinson Kathleen E

Purchase Details

Closed on
Apr 15, 2002
Sold by
Matthew J Obnlak Tr
Bought by
Reichhard Christian

Purchase Details

Closed on
Dec 22, 2000
Sold by
Oblak Matthew J
Bought by
Matthew J Oblak Tr
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
Hoffmeier Willis L $325,000 First American Title
Shea Eric R -- None Available
Shea Eric R $289,900 Metropolitan Title Company
Rawlinson Peter J $280,000 Capital Title Ins Agency
Reichhard Christian $264,000 --
Matthew J Oblak Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffmeier Willis L $250,400
Previous Owner Shea Eric R $175,000
Previous Owner Shea Eric R $231,900
Source: Public Records

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 $6,056 $262,290 $0 $0
2022 $6,736 $237,320 $0 $0
2020 $5,468 $221,000 $39,300 $181,700
2015 -- $158,950 $0 $0
2014 -- $140,500 $0 $0
2011 -- $113,100 $0 $0
Source: Public Records

Map

Michigan Oakland County Novi 48375

40906 Village Wood Rd Unit Bldg-Unit, Novi, MI

This home is located at 40906 Village Wood Rd Unit Bldg-Unit, Novi, MI 48375 and is currently estimated at $533,715, approximately $328 per square foot. 40906 Village Wood Rd Unit Bldg-Unit is a home located in Oakland County with nearby schools including Novi High School, Village Oaks Elementary School, and Novi Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes