NOT LISTED FOR SALE

51157 Mayfair Terrace Unit 316 Novi, MI 48374

Estimated Value: $532,000 - $565,000

4 Beds
2.5 Baths
2,490 Sq Ft
$220/Sq Ft Est. Value

Highlights

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

About This Home

As of October 2022

Beautiful turn key colonial with finished walkout basement in Novi's Knightsbridge Gate Community. Welcoming two story foyer. Beautiful two story family room with Fireplace. Gorgeous Kitchen boosts 42" Cabinets, Granite Counters, great size Island, large Walk-In-Pantry, stainless appliances, nice Size nook, and additional Formal Dining Room. Office/Study with French doors. Cathedral ceiling master suite with walk-in closet and master bath with jet tub. Conveniently located second floor laundry. Nicely finished walkout basement with kitchen and full bath. Huge deck, and a large mud room right off of the two car attached garage. NORTH FACING

Last Agent to Rent the Property

Piyush Dave

Real Estate One-Plymouth License #6501336478 Listed on: 10/04/2022

Real Estate One-Plymouth

Last Renter's Agent

Shantell Burton

Aaisha Gilmer License #6501341876

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,396

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 50x115x50x115
  • Property fronts a private road

HOA Fees

  • $46 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,490 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Great Room with Fireplace
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Deck
  • Covered Patio or Porch

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Security Deposit $4,800
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Assessor Parcel Number 2218101316

Community Details

Overview

  • Knightsbridge Gate Condo Occpn 1797 Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,396

Year Built

Built in 2007

Lot Details

0

HOA Fees

$46 per month

Rental Info

  • Lease Type: Single Family House
  • Rent Includes: Association Fee
  • Security Deposit: 4800.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2007
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Jetted Tub
  • Fireplace: Yes
  • Fireplace Locations: Great Room
  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Disposal
  • Sq Ft Combined: 3690
  • Sq Ft Lower Floor: 1200
  • Total Sq Ft: 2490
  • Sq Ft Total Bsmt: 1227

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Shingle Siding
  • Exterior Features: Club House, Pool – Community
  • Foundation Materials: Poured
  • Frontage Feet: 50
  • Porch Type: Porch - Covered, Deck, Porch
  • Road Frontage Type: Paved, Private, Pub. Sidewalk

Garage/Parking

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

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Phone: 9999999999
  • Association Fee: 137
  • Association Fee: Yes

Schools

  • School District: South Lyon

Lot Info

  • Lot Dimensions: 50x115x50x115
  • Parcel Number: 2218101316

Multi Family

  • Length of Lease: 12 Months, 13-24 Months, 25-36 Months

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2007
Sold by
Winnick Knightsbridge Gate Llc
Bought by
Suruvu Sudhakar and Bandaru Swarna
Current Estimated Value
$547,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,500
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
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
Suruvu Sudhakar $309,475 Greco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suruvu Sudhakar $228,000
Closed Suruvu Sudhakar $278,500
Closed Suruvu Sudhakar $278,500
Closed Suruvu Sudhakar $278,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2022 10/12/22 Rented $3,200 0.0% --
10/07/2022 10/07/22 Under Contract -- -- --
10/04/2022 10/04/22 For Rent $3,200 +28.0% --
02/19/2019 02/19/19 Rented $2,500 -9.1% --
02/05/2019 02/05/19 Under Contract -- -- --
11/28/2018 11/28/18 For Rent $2,750 -- --
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 $8,396 $201,440 $0 $0
2022 $8,031 $186,180 $0 $0
2020 $4,747 $182,500 $34,500 $148,000
2015 -- $144,350 $0 $0
2014 -- $131,750 $0 $0
2011 -- $135,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Piyush Dave

    Landlord's Agent in 2022

    Piyush Dave

    Real Estate One

    (734) 620-2233

    19 in this area

    123 Total Sales

    Piyush Dave
    Section Image

  • S

    Tenant's Agent in 2022

    Shantell Burton

    Aaisha Gilmer

    (313) 713-6391

    44 Total Sales

    Shantell Burton
    Section Image
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Map

Source: Realcomp

MLS Number: 20221048209

Realcomp

APN: 22-18-101-316

Michigan Oakland County Novi 48374

51157 Mayfair Terrace Unit 316, Novi, MI

This home is located at 51157 Mayfair Terrace Unit 316, Novi, MI 48374 since 04 October 2022 and is currently priced at $547,914. This property was built in 2007. 51157 Mayfair Terrace Unit 316 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.

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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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