NOT LISTED FOR SALE

47541 Villa Terrace Ct Novi, MI 48374

Estimated Value: $883,000 - $1,124,983

4 Beds
3.5 Baths
3,626 Sq Ft
$283/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $1,000,000 $276 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,654/month

Highlights

  • Colonial Architecture
  • Double Oven
  • 3 Car Direct Access Garage
  • Novi High School Rated A+
  • Stainless Steel Appliances
  • Patio

About This Home

As of July 2022

**MULTIPLE OFFERS RECEIVED - HIGHEST & BEST DUE JUNE 21 @ 2PM** Simply stunning and EXACTLY what you've been waiting for - new construction without the wait! Welcome home to this 2021 built Colonial located in the highly desirable and sought out Valencia Estates community. This home boasts over 3,600 square feet, 4 bedrooms, 3 and a half baths, and much more. Owner did not spare a dime when building this masterpiece as you'll notice the fully updated kitchen with the open floor plan, wide-plank hardwood throughout the entire home, spectacular crown molding, Jack & Jill full bath on the second floor, etc. Basement is plumbed for a full bath just waiting for your imagination to take over. Just when you thought that was it...step outside to enjoy the peace and serenity of a brand new patio and quiet atmosphere to relax after a long day. Come see for yourself and prepare to be amazed!

Last Agent to Sell the Property

Dimitri Abro

Anthony Djon Luxury Real Estate License #6501434014 Listed on: 06/20/2022

Anthony Djon Luxury Real Estate

Last Buyer's Agent

Hari Kakumanu

Community Choice Realty Associates, LLC License #6501392854

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2021

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 95x142x75x40x104

HOA Fees

  • $83 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,626 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Carbon Monoxide Detectors

Kitchen

  • Double Oven
  • Built-In Electric Oven
  • Built-In Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Sump Pump
  • Basement Window Egress

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Sewer in Street
  • High Speed Internet

Additional Features

  • Patio
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2229227055

Community Details

Overview

  • Matt Wollack Valencia Estate South Association, Phone Number (313) 969-0673
  • Valencia South Estates Occpn 2150 Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,295

Year Built

Built in 2021

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 210.00
  • Year Built: 2021
  • State Equalized Value: 314600.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Carbon Monoxide Alarm(s), Egress Window(s), High Spd Internet Avail, Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 16
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Built-In Electric Oven, Built-In Gas Range, Dishwasher, Disposal, Double Oven, Dryer, Free-Standing Refrigerator, Gas Cooktop, Microwave, Range Hood, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 3626
  • Total Sq Ft: 3626
  • Sq Ft Total Bsmt: 1976

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Stone
  • Foundation Materials: Poured
  • Frontage Feet: 95
  • Porch Type: Patio
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: 313-969-0673
  • Association Fee: 1000
  • Association Contact: Matt Wollack Valencia Estate South Association
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.30
  • Lot Dimensions: 95x142x75x40x104
  • Parcel Number: 2229227055

Tax Info

  • Tax Amount Summer: 9699.0000
  • Tax Amount Winter: 1596.0000
  • Total Tax: 11295.0000
  • Taxable Value: 314160.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Jul 7, 2022
Sold by
Johnie Zahka
Bought by
Lyengar Jayanthi
Seller's Agent
Dimitri Abro
Anthony Djon Luxury Real Estate
Buyer's Agent
Hari Kakumanu
Community Choice Realty Associates, LLC
List Price
$969,000
Sold Price
$1,000,000
Premium/Discount to List
$31,000
3.2%
Current Estimated Value
$1,025,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,996
Avg. Annual Appreciation
0.54%

Purchase Details

Closed on
Jan 15, 2021
Sold by
M I Homes Of Michigan Llc
Bought by
Johnie Zahka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,470
Interest Rate
2.67%
Mortgage Type
New Conventional
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
Lyengar Jayanthi $1,000,000 None Listed On Document
Johnie Zahka $822,745 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnie Zahka $740,470
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2022 07/07/22 Sold $1,000,000 +3.2% $276 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $969,000 -- $267 / 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 $11,899 $380,330 $0 $0
2020 $3,403 $65,650 $65,650 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221006902

Realcomp

APN: 22-29-227-055