NOT LISTED FOR SALE

51206 Mayfair Terrace Novi, MI 48374

Novi Area

Estimated Value: $528,165 - $576,000

4 Beds
2.5 Baths
2,484 Sq Ft
$222/Sq Ft Est. Value

Sale Details

Date Sold: May 31, 2013

Last sale price $270,000 $109 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,623 / mo

2 Days on Market

Highlights

  • Built in 2012 | Newly Remodeled
  • Colonial Architecture
  • 2 Car Attached Garage
  • Pool
  • Clubhouse
  • Forced Air Heating and Cooling System

About This Home

As of May 2013

Best value on New Construction in Novi! Beautiful 4 bed, 2.5 colonial in Knightsbridge Gate. Convenient family entry mud room off the garage. Gorgeous kitchen with upgraded 42" cabinets, center island, granite & hardwood floors. Huge Master Suite with WIC & 5ft walk-in, ceramic tiled shower. 2nd floor laundry & loft complete this beautiful home. Picture is only a representation.

Last Agent to Sell the Property

Anthony Lombardo

Lombardo Realty License #6502107185 Listed on: 12/05/2012

Lombardo Realty

Last Buyer's Agent

Anthony Lombardo

Lombardo Realty License #6502107185 Listed on: 12/05/2012

Lombardo Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2012 | Newly Remodeled

HOA Fees

  • $37 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,484 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Great Room with Fireplace
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

Utilities

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

Additional Features

  • Breezeway
  • Lot Dimensions are 50x110x50x110

Listing and Financial Details

  • Assessor Parcel Number 2218101303
  • $2,405 Seller Concession

Community Details

Overview

  • Knightsbridge Gate Condo Occpn 1797 Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$548

Year Built

Built in 2012 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$37 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: UNKNOWN
  • Year Built: 2012
  • Foundation Features: Sump Pump
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Range/Stove
  • Total Sq Ft: 2484

Exterior Features

  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Construction Features: New Construction, Site Condo
  • Exterior Features: Club House, Pool – Community
  • Porch Type: Breezeway
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Association Fee: 110
  • Association Fee: No

Lot Info

  • Lot Dimensions: 50X110X50X110
  • Parcel Number: 2218101303

Tax Info

  • Tax Amount Summer: 542.0000
  • Tax Amount Winter: 6.0000
  • Total Tax: 548.0000

MLS Schools

  • School District: South Lyon

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2012
Closed on
May 31, 2013
Sold by
Bought by
Seller's Agent
Anthony Lombardo
Lombardo Realty
Buyer's Agent
Anthony Lombardo
Lombardo Realty
List Price
$273,595
Sold Price
$270,000
Premium/Discount to List
-$3,595
-1.31%
Current Estimated Value
$551,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,041
Avg. Annual Appreciation
5.56%
Original Mortgage
$256,500
Outstanding Balance
$174,910
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$376,131

Purchase Details

Closed on
Sep 2, 2008
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Novi, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Greater Macomb Title Agency
$270,000 Greater Macomb Title Agency
$8,098,213 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $120,000
Closed $62,000
Open $256,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/31/2013 05/31/13 Sold $270,000 -1.3% $109 / Sq Ft
12/07/2012 12/07/12 Pending -- -- --
12/05/2012 12/05/12 For Sale $273,595 -- $110 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,892 $202,640 $0 $0
2022 $5,395 $187,180 $0 $0
2020 $5,064 $183,600 $34,500 $149,100
2015 -- $143,200 $0 $0
2014 -- $130,600 $0 $0
2011 -- $25,000 $0 $0
Source: Public Records

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Map

Source: Realcomp

MLS Number: 212121712

Realcomp

APN: 22-18-101-303

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