NOT LISTED FOR SALE

51109 Mayfair Terrace Novi, MI 48374

Estimated Value: $531,000 - $602,297

4 Beds
3.5 Baths
2,565 Sq Ft
$220/Sq Ft Est. Value

Last Sold April 13, 2016

Last sale price $310,000 $121 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,760/month

64 Days on Market

Highlights

  • Outdoor Pool
  • Colonial Architecture
  • Deck
  • South Lyon East High School Rated A-
  • Clubhouse
  • Jetted Tub in Primary Bathroom

About This Home

As of April 2016

THIS ONE IS VERY SPECIAL! BEAUTIFUL HARDWOOD FLRS T/O THE 1ST FLOOR, 2 STORY FOYERS, SOARING 9' CEILINGS ON FIRST FLOOR, FINSHED WALK-OUT BASEMENT WITH MEDIA AREA (INCLUDES TV AND PROJECTOR), FULL BATH, POSSIBLE 5TH BEDROOM, TONS OF STORAGE AND BRICK PAVER PATIO OFF THE DOORWALL. BACK UPSTAIRS YOU WILL FIND THE ISLAND GRANITE KITCHEN WITH 42"CHERRY CABINETS, GLASS/CERAMIC TILE BACKSPLASH, HARDWOOD FLRS & WIP. LARGE MUD ROOM AND HUGE CLOSET OFF THE GARAGE. GARAGE IS FULLY DRYWALLED AND CABINETS STAY. 2ND FLOOR YOU WILL FIND A QUIANT LOFT STUDY, 2ND FLOOR LAUNDRY (FRONT LOAD WASHER AND DRYER STAY), MASTER AND 2ND BEDROOM HAS WICs, MASTER HAS CATHERDAL CEILING, MASTER BATH HAS JETTED TUB AND SEPERATE SHOWER AND GRANITE COUNTERS. GREAT ROOM WITH NATURAL FP, WROUGHT IRON SPINDLES ON OAK RAILING SYSTYEM, VERY LARGE TREX DECK OFF THE BREAKFAST NOOK. MUST SEE!! **Seller may consider a lease with an option**

Last Agent to Sell the Property

Tony Holguin

ERA Prime Real Estate Group South License #6501277313 Listed on: 12/14/2015

Last Buyer's Agent

Soman Phillip Chacko

Real Estate One-W Blmfld License #6501303411

Real Estate One-W Blmfld

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2011

Lot Details

  • Lot Dimensions are 63x108x68x115
  • Corner Lot
  • Irregular Lot

HOA Fees

  • $51 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 2,565 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2218101312

Community Details

Overview

  • Doc Shop Association, Phone Number (800) 362-4858
  • Knightsbridge Gate Condo Occpn 1797 Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,281

Year Built

Built in 2011

Lot Details

0

HOA Fees

$51 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2011
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Jetted Tub
  • 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: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 3795
  • Sq Ft Lower Floor: 1230
  • Total Sq Ft: 2565
  • Sq Ft Total Bsmt: 1230

Exterior Features

  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Construction Features: Site Condo
  • Exterior Features: Club House, Lighting, Pool – Community
  • Foundation Materials: Poured
  • Frontage Feet: 63
  • Porch Type: Deck, Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • 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: Quarterly
  • Phone: 800-362-4858
  • Association Fee: 153
  • Association Contact: Doc Shop
  • Association Fee: No

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • Lot Features: Corner Lot, Irregular
  • Lot Dimensions: 63X108X68X115
  • Parcel Number: 2218101312

Tax Info

  • Tax Amount Summer: 5171.0000
  • Tax Amount Winter: 110.0000
  • Total Tax: 5281.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2015
Closed on
Apr 11, 2016
Sold by
Shivraman Deepak and Shivraman Sheela D
Bought by
Murugesan Sudarsan and Sudarsan Meenatshi
Seller's Agent
Tony Holguin
ERA Prime Real Estate Group South
Buyer's Agent
Soman Phillip Chacko
Real Estate One-W Blmfld
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Current Estimated Value
$569,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,089
Avg. Annual Appreciation
6.77%
Original Mortgage
$294,500
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 16, 2011
Sold by
Lombardo Homes Of Se Michigan Llc
Bought by
Shivraman Deepak and Shivraman Sheelad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,128
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2008
Sold by
Jc Kbg Llc
Bought by
Franklin Bank Ssb
Source: Public Records

Range of Values:

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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
Murugesan Sudarsan $310,000 None Available
Shivraman Deepak -- Greater Macomb Title Agency
Lombardo Homes Of Se Michigan Llc -- Greater Macomb Title Agency
Franklin Bank Ssb $8,098,213 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murugesan Sudarsan $175,500
Closed Murugesan Sudarsan $268,000
Closed Murugesan Sudarsan $280,000
Closed Murugesan Sudarsan $294,500
Previous Owner Shivraman Deepak $12,227
Previous Owner Shivraman Deepak $232,128
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2016 04/13/16 Sold $310,000 -4.6% $121 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
12/14/2015 12/14/15 For Sale $325,000 -- $127 / 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 $7,118 $226,170 $0 $0
2022 $6,960 $208,640 $0 $0
2020 $6,242 $204,300 $34,500 $169,800
2015 -- $158,650 $0 $0
2014 -- $145,700 $0 $0
2011 -- $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tony Holguin

    Seller's Agent in 2016

    Tony Holguin

    ERA Prime Real Estate Group South

    (734) 686-5958

    1 in this area

    46 Total Sales

    Section Image
  • Soman Phillip Chacko

    Buyer's Agent in 2016

    Soman Phillip Chacko

    Real Estate One-W Blmfld

    (248) 514-8716

    16 in this area

    78 Total Sales

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Map

Source: Realcomp

MLS Number: 215130659

Realcomp

APN: 22-18-101-312

Michigan Oakland County Novi 48374

51109 Mayfair Terrace, Novi, MI

This home is located at 51109 Mayfair Terrace, Novi, MI 48374 since 14 December 2015 and is currently estimated at $563,824, approximately $219 per square foot. This property was built in 2011. 51109 Mayfair Terrace is a home located in Oakland County with nearby schools including Ann L. Dolsen Elementary School, Centennial Middle School, and South Lyon East High 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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