NOT LISTED FOR SALE

45896 Lathum Dr Novi, MI 48374

Estimated Value: $751,000 - $859,193

4 Beds
3.5 Baths
3,418 Sq Ft
$232/Sq Ft Est. Value

Last Sold February 18, 2020

Last sale price $485,000 $142 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,156/month

213 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Patio
  • Novi Woods Elementary School Rated A+
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of February 2020

Wonderful 5 Bedroom 3.5 Bath home located in Excellent Novi School District. Open Floor Plan, Great Natural Lighting, with 2 Story Foyer. Spacious Kitchen with Hardwood Floors, Granite Counter Tops, Large Island, and Stainless Steel Appliances. Gorgeous Master Suite. Huge Finished Basement with Kitchen and Full Bath. Interior/Exterior Freshly Painted June 2019. Second floor New Carpet June 2019. Newer Hardwood Floors, Basement Carpet, and Renovated Bathroom w/ Granite.

Last Agent to Sell the Property

Robert Paterson

Century 21 Professionals Livonia License #6501376874 Listed on: 06/20/2019

Last Buyer's Agent

Shuping Yin

National Realty Centers, Inc License #RCO-6501360639

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1997

Lot Details

  • Lot Dimensions are 90x134

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 3,418 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Finished Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2228204001

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,581

Year Built

Built in 1997

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1997
  • State Equalized Value: 276150.0000
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Great Room
  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Washer
  • Sq Ft Combined: 4918
  • Sq Ft Lower Floor: 1500
  • Total Sq Ft: 3418
  • Sq Ft Total Bsmt: 1600

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Foundation Materials: Poured
  • Frontage Feet: 90
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Door Opener, Electricity, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 175
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Dimensions: 90x134
  • Parcel Number: 2228204001

Tax Info

  • Tax Amount Summer: 8760.2400
  • Tax Amount Winter: 1820.4800
  • Total Tax: 10580.7200
  • Taxable Value: 275260.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2019
Closed on
Feb 18, 2020
Sold by
Hussain Shaik A and Hussain Sameera N
Bought by
Zhao Xuzhe and Zhang Chengxin
Seller's Agent
Robert Paterson
Century 21 Professionals Livonia
Buyer's Agent
Shuping Yin
National Realty Centers, Inc
List Price
$519,900
Sold Price
$485,000
Premium/Discount to List
-$34,900
-6.71%
Current Estimated Value
$782,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,318
Avg. Annual Appreciation
9.52%
Original Mortgage
$388,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2015
Closed on
Jun 12, 2015
Sold by
Shahab Syed Masood and Shahab Javaria
Bought by
Hussain Shaik A and Hussain Sameera N
Seller's Agent
Nancy Downey
Coldwell Banker Professionals-Northville
Buyer's Agent
Robert Paterson
Century 21 Town & Country
List Price
$479,000
Sold Price
$456,000
Premium/Discount to List
-$23,000
-4.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.32%
Original Mortgage
$387,600
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2003
Sold by
Shahab Syed Masood and Shahab S
Bought by
Shahab Syed Masood and Sarwar Javaria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,800
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 1997
Sold by
Crescendo Builders Inc
Bought by
Shahab Syed Masood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,800
Interest Rate
7.71%
Mortgage Type
Purchase Money Mortgage
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
Zhao Xuzhe $485,000 Liberty Title
Hussain Shaik A $456,000 None Available
Shahab Syed Masood -- --
Shahab Syed Masood $328,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Xuzhe $384,300
Closed Zhao Xuzhe $388,000
Previous Owner Hussain Shaik A $387,600
Previous Owner Masood Syed $250,000
Previous Owner Shahab Syed Masood $250,000
Previous Owner Shahab Syed Masood $246,000
Previous Owner Shahab Syed Masood $246,800
Previous Owner Shahab Syed Masood $262,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2020 02/18/20 Sold $485,000 -4.7% $142 / Sq Ft
01/19/2020 01/19/20 Pending -- -- --
01/08/2020 01/08/20 Price Changed $509,000 -2.1% $149 / Sq Ft
12/07/2019 12/07/19 For Sale $519,900 0.0% $152 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
11/07/2019 11/07/19 Price Changed $519,900 -1.0% $152 / Sq Ft
10/17/2019 10/17/19 Price Changed $525,000 -1.7% $154 / Sq Ft
09/21/2019 09/21/19 Price Changed $534,000 -1.1% $156 / Sq Ft
08/07/2019 08/07/19 Price Changed $539,900 -1.7% $158 / Sq Ft
07/04/2019 07/04/19 Price Changed $549,000 -2.8% $161 / Sq Ft
06/20/2019 06/20/19 For Sale $565,000 +23.9% $165 / Sq Ft
06/12/2015 06/12/15 Sold $456,000 -4.8% $133 / Sq Ft
04/12/2015 04/12/15 Pending -- -- --
03/19/2015 03/19/15 For Sale $479,000 -- $140 / 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 $10,291 $332,640 $0 $0
2022 $11,350 $308,080 $0 $0
2020 $9,134 $292,000 $47,050 $244,950
2015 -- $236,200 $0 $0
2014 -- $220,500 $0 $0
2011 -- $190,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Robert Paterson

    Century 21 Professionals Livonia

    (734) 578-3340

    11 Total Sales

    Section Image

  • S

    Buyer's Agent in 2020

    Shuping Yin

    National Realty Centers, Inc

    Section Image

  • N

    Seller's Agent in 2015

    Nancy Downey

    Coldwell Banker Professionals-Northville

    Section Image
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Map

Source: Realcomp

MLS Number: 219060188

Realcomp

APN: 22-28-204-001

Michigan Oakland County Novi 48374

45896 Lathum Dr, Novi, MI

This home is located at 45896 Lathum Dr, Novi, MI 48374 since 20 June 2019 and is currently estimated at $793,048, approximately $232 per square foot. This property was built in 1997. 45896 Lathum Dr is a home located in Oakland County with nearby schools including Novi Woods Elementary School, Novi High 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.

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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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