NOT LISTED FOR SALE

40929 Malott Novi, MI 48375

Estimated Value: $326,000 - $357,000

3 Beds
1.5 Baths
1,586 Sq Ft
$217/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $323,000 $204 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,292/month

Highlights

  • Ranch Style House
  • Ground Level Unit
  • 2 Car Detached Garage
  • Novi High School Rated A+
  • No HOA
  • Patio

About This Home

As of October 2023

FRESHLY PAINTED BEAUTIFUL 3 BEDROOM RANCH HOUSE IN A CONVENIENT NOVI LOCATION! BRAND NEW VINYL FLOOR IN LIVING ROOM AND ALL BEDROOMS. BIG WINDOWS WITH NATURAL LIGHTS. FENCED YARD. TWO CAR GARAGE. 1ST MONTHS RENT, 1.5 MO SECURITY DEPOSIT. $350 NON-REFUNDABLE CLEANING FEE. MINIMUM OF 2 YEARS. APPLICATION FORM, FULL CREDIT REPORT W/SCORES, PROOF OF INCOME REQ. MOVE IN READY!

Last Agent to Rent the Property

Zen Chen

RE/MAX New Trend License #6501330342 Listed on: 08/17/2023

RE/MAX New Trend

Last Renter's Agent

Zen Chen

RE/MAX New Trend License #6501330342 Listed on: 08/17/2023

RE/MAX New Trend

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 86 x 130

Parking

  • 2 Car Detached Garage

Home Design

  • 1,586 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof

Kitchen

  • Free-Standing Gas Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Patio
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • Willowbrook Estates Sub No 2 Subdivision

Listing and Financial Details

  • Security Deposit $3,525
  • Assessor Parcel Number 502225151012

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Rental Info

  • Lease Type: Single Family House
  • Security Deposit: 3525.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1955
  • Entry Location: Ground Level
  • Pets Allowed: No
  • AgentOnly_ListPriceByAcre: 9400.0000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Oven, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 1586

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Porch Type: Patio
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • 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)

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 350.00

Lot Info

  • Lot Size Area: 0.25
  • Lot Dimensions: 86 x 130
  • Parcel Number: 502225151012

Multi Family

  • Length of Lease: 25-36 Months, 37-48 Months

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Jul 21, 2023
Sold by
Gabrielli Ryan and Gabrielli Sarah
Bought by
Qin Kun and Qin Grace Y
Seller's Agent
Dawn Mueller
Coldwell Banker Professionals-Northville
Buyer's Agent
Zen Chen
RE/MAX New Trend
List Price
$300,000
Sold Price
$323,000
Premium/Discount to List
$23,000
7.67%
Views
76
Current Estimated Value
$344,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,369
Avg. Annual Appreciation
2.68%

Purchase Details

Listed on
Apr 19, 2017
Closed on
Jun 15, 2017
Sold by
Bateman Jennifer
Bought by
Gabrielli Ryan and Houde Sarah
Seller's Agent
Rick Nessel
National Realty Centers, Inc
Buyer's Agent
Dawn Mueller
Coldwell Banker Weir Manuel-Northville
List Price
$209,000
Sold Price
$204,000
Premium/Discount to List
-$5,000
-2.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%

Purchase Details

Listed on
Apr 3, 2015
Closed on
May 14, 2015
Sold by
Thrush Michael and Thrush Christina
Bought by
Bateman Jennifer
Seller's Agent
Jeff Glover
KW Professionals
Buyer's Agent
Kimberly Herron
Preferred, Realtors® Ltd
List Price
$165,000
Sold Price
$168,300
Premium/Discount to List
$3,300
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.64%
Original Mortgage
$159,885
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2010
Sold by
Osborne Daniel
Bought by
Thrush Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,206
Interest Rate
5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 17, 2009
Sold by
Osborne Daniel
Bought by
Deutsche Bank National Trust Company and Morgan Stanley Msac 2007-He1

Purchase Details

Closed on
Jul 28, 2006
Sold by
Osborne Pamela and Osborne Larry A
Bought by
Osborne Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
9.69%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Qin Kun $323,000 Ata National Title
Gabrielli Ryan $204,000 Reputation First Title Agenc
Bateman Jennifer $168,300 Fnt
Thrush Michael D $99,000 Multiple
Deutsche Bank National Trust Company $134,300 None Available
Osborne Daniel $220,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bateman Jennifer $159,885
Previous Owner Thrush Michael D $97,206
Previous Owner Osborne Daniel $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2023 10/27/23 Rented $2,150 -8.5% --
10/18/2023 10/18/23 Under Contract -- -- --
08/17/2023 08/17/23 For Rent $2,350 0.0% --
07/21/2023 07/21/23 Sold $323,000 +7.7% $204 / Sq Ft View Prior Sale
06/19/2023 06/19/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $300,000 +47.1% $189 / Sq Ft
06/15/2017 06/15/17 Sold $204,000 -0.4% $129 / Sq Ft View Prior Sale
05/01/2017 05/01/17 Pending -- -- --
04/28/2017 04/28/17 Price Changed $204,900 -2.0% $129 / Sq Ft
04/19/2017 04/19/17 For Sale $209,000 +24.2% $132 / Sq Ft
05/14/2015 05/14/15 Sold $168,300 +2.0% $106 / Sq Ft View Prior Sale
04/10/2015 04/10/15 Pending -- -- --
04/03/2015 04/03/15 For Sale $165,000 -- $104 / 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 $5,839 $139,670 $0 $0
2022 $3,754 $130,080 $0 $0
2020 $3,037 $109,700 $19,700 $90,000
2015 -- $76,500 $0 $0
2014 -- $64,500 $0 $0
2011 -- $61,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230069161

Realcomp

APN: 22-25-151-012