NOT LISTED FOR SALE

42503 Park Ridge Rd Novi, MI 48375

Estimated Value: $279,000 - $385,000

3 Beds
1.5 Baths
1,639 Sq Ft
$210/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $262,500 $160 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,169/month

7 Days on Market

Highlights

  • Contemporary Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Orchard Hills Elementary School Rated A+

About This Home

As of February 2024

HIGHEST AND BEST DUE BY SUNDAY, JANUARY 14 AT 8 PM. This is an excellent opportunity to get into a great Novi Neighborhood at an affordable price. This home has a wonderful layout and features a spacious Living room with Hardwood floors and vaulted ceilings that are open to the second floor. The spacious family room has a fireplace and doorwall to the backyard that is adjacent to the dining room and large kitchen. The Kitchen dining room and family room are open to each other. The home has a very comfortable Master bedroom with Hardwood floors and has access to the full bath on the second floor from the master bedroom. There is a two and half car garage with direct access to the house, The home has tons of storage, a full basement. There are newer vinyl windows. The properties roof has shingles that have blown off and is currently leaking. The roof will need to be repaired or replaced. The property needs renovations throughout. This might be a perfect fit for someone looking for an affordable property in this neighborhood and is willing to do sweat equity. If you can not find a house that meets your design tastes, this property is a blank slate for you to renovate into your dream home. This would also make an excellent rental. And of course the property is well suited for investors looking to remodel and resell!
(The last photos pictured in the MLS are not of the subject but are a similar floor plan as the subject property photos for reference only.)

Last Agent to Sell the Property

Tom Hutt

RE/MAX Classic License #6502346728 Listed on: 01/09/2024

RE/MAX Classic

Last Buyer's Agent

Tom Hutt

RE/MAX Classic License #6502346728 Listed on: 01/09/2024

RE/MAX Classic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1973

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 63 x 120
  • Back Yard Fenced

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,639 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Ground Level

Utilities

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

Community Details

  • Meadowbrook Glens HOA
  • Meadowbrook Glens Sub No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2223327018

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,056

Year Built

Built in 1973

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Assessment: 885.00
  • Year Built: 1973
  • State Equalized Value: 137420.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 2239
  • Sq Ft Lower Floor: 600
  • Total Sq Ft: 1639
  • Sq Ft Total Bsmt: 968

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 63
  • Road Frontage Type: Paved
  • Sideof Street: W
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • 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 Frequency: Annually
  • Phone: mgha.org@gmail.com
  • Association Fee: 40
  • Association Contact: Meadowbrook Glens HOA
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.17
  • Lot Dimensions: 63 x 120
  • Parcel Number: 2223327018

Tax Info

  • Tax Amount Summer: 3077.0000
  • Tax Amount Winter: 979.0000
  • Total Tax: 4056.0000
  • Taxable Value: 88880.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2024
Closed on
Mar 20, 2024
Sold by
Dajlani Sejdi
Bought by
Dajlani Property Investment Llc
Seller's Agent
Tom Hutt
RE/MAX Classic
Buyer's Agent
Tom Hutt
RE/MAX Classic
List Price
$250,000
Sold Price
$262,500
Premium/Discount to List
$12,500
5%
Total Days on Market
7
Views
57
Current Estimated Value
$343,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,353
Avg. Annual Appreciation
23.08%

Purchase Details

Listed on
Jan 9, 2024
Closed on
Feb 10, 2024
Sold by
Dery Elisabeth
Bought by
Dajlani Sejdi
Seller's Agent
Tom Hutt
RE/MAX Classic
Buyer's Agent
Tom Hutt
RE/MAX Classic
List Price
$250,000
Sold Price
$262,500
Premium/Discount to List
$12,500
5%
Views
57
Source: Public Records

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Range of Values:

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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
Dajlani Property Investment Llc -- None Listed On Document
Dajlani Sejdi $262,500 Ata National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $262,500 +5.0% $160 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
01/09/2024 01/09/24 For Sale $250,000 -- $153 / 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 $2,835 $137,420 $0 $0
2022 $4,084 $131,130 $0 $0
2020 $3,047 $124,150 $24,550 $99,600
2015 -- $95,200 $0 $0
2014 -- $79,850 $0 $0
2011 -- $79,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230105290

Realcomp

APN: 22-23-327-018