$524,000 - $552,000
RENTED FEB 19, 2025

43587 Chancellor Ln Novi, MI 48375

3 Beds
2.5 Baths
1,930 Sq Ft
$280 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Deck
  • 2 Car Direct Access Garage
  • Novi Woods Elementary School Rated A+
  • Enclosed Patio or Porch
  • Programmable Thermostat

About This Home

As of February 2025

3 BEDROOM 2.1 BATH CONDO BACKING TO WOODS AND SOUTHERN EXPOSURE!! HARDWOOD FLOORING - ENTIRE FIRST FLOOR. UPGRADED BUILT-IN KITCHEN WITH LIGHT COLOR CABINETS. GRANITE COUNTERTOPS THROUGHOUT. OWNER'S SUITE WITH TRAY CEILING AND WALK-IN CLOSET. 2ND BEDROOM WITH A WALK-IN CLOSET. CONVENIENT 2ND FLOOR LAUNDRY! MAINTENANCE FREE DECK. WALKOUT BASEMENT!! CLOSE TO SCHOOLS, PUBLIC LIBRARY, PARKS AND FREEWAYS!!! ALL MEASUREMENTS ARE APPROXIMATE. NO PETS, NO SMOKE IN THE PREMISE.IT MUST INCLUDE LETTER OF EMPLOYMENT, PROOF OF INCOME, AND FULL CREDIT REPORT WITH SCORE 700 OR BETTER, AND COPY OF DRIVER'S LICENSE. LONG-TERM CORPORATE LEASE PREFERRED.

Last Agent to Rent the Property

Jinny Yun

Century 21 Professionals Troy License #6501273296 Listed on: 10/04/2024

Century 21 Professionals Troy

Last Renter's Agent

Esther Son

Real Estate One-Commerce License #6501425087

Real Estate One-Commerce

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,325

Year Built

  • Built in 2019

Lot Details

  • Property fronts a private road
  • Sprinkler System

HOA Fees

  • $193 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 1,930 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Kitchen

  • Built-In Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Security Deposit $5,250
  • Negotiable Lease Term
  • Assessor Parcel Number 2222404074

Community Details

Overview

  • Aam Professional HOA Mgt. / Erick Hong Association, Phone Number (734) 456-7714
  • On-Site Maintenance
  • The community has rules related to fencing

Additional Features

  • Laundry Facilities
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,325

Year Built

Built in 2019

Lot Details

0

HOA Fees

$193 per month

Rental Info

  • Lease Type: Condominium
  • Rent Includes: Association Fee, Snow Removal, Trash Collection, Yard Maintenance
  • Security Deposit: 5250.00

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial, Contemporary, Townhouse
  • Architecture Level: 2 Story
  • Year Built: 2019
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarm, Carbon Monoxide Alarm(s), Circuit Breakers, Programmable Thermostat, Furnished - No
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Walk-Out Access
  • Kitchen Appliances: Built-In Electric Oven, Dishwasher, Disposal, Dryer, Free-Standing Refrigerator, Gas Cooktop, Microwave, Washer
  • Sq Ft Combined: 1930
  • Total Sq Ft: 1930
  • Sq Ft Total Bsmt: 834

Exterior Features

  • Roof Material: Composition
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Grounds Maintenance, Lighting
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered, Deck, Porch - Enclosed, Porch, Covered, Enclosed
  • Road Frontage Type: Paved, Private
  • Fencing: Fence Not Allowed

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Attached, Driveway
  • 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: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Structure, Maintenance Grounds, Sewer, Trash
  • Association Fee Frequency: Monthly
  • Phone: 734-456-7714/ 248-382-4001
  • Association Fee: 193
  • Association Contact: AAM Professional HOA Mgt. / Erick Hong
  • Association Fee: Yes

Fee Information

  • Additional Fee: 350.00

Schools

  • School District: Novi

Lot Info

  • Lot Features: Sprinkler(s)
  • Parcel Number: 2222404074

Multi Family

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

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2020
Sold by
Pulte Homes Of Michigan Llc
Bought by
Min Roun
Current Estimated Value
$539,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,285
Outstanding Balance
$214,634
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$319,703
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
Min Roun $389,285 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Min Roun $239,285
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2025 02/19/25 Rented $3,200 -3.0% --
02/14/2025 02/14/25 Under Contract -- -- --
12/03/2024 12/03/24 Price Changed $3,300 -5.7% $2 / Sq Ft
10/04/2024 10/04/24 For Rent $3,500 0.0% --
05/05/2023 05/05/23 Rented $3,500 +9.4% --
05/05/2023 05/05/23 Under Contract -- -- --
04/24/2023 04/24/23 For Rent $3,200 -- --
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 $8,325 $206,770 $0 $0
2020 $2,295 $62,500 $25,000 $37,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240074105

Realcomp

APN: 22-22-404-074