NOT LISTED FOR SALE

51267 Mayfair Terrace Unit 345 Novi, MI 48374

Estimated Value: $530,000 - $587,000

4 Beds
2.5 Baths
2,490 Sq Ft
$222/Sq Ft Est. Value

Highlights

  • Outdoor Pool
  • Colonial Architecture
  • Deck
  • South Lyon East High School Rated A-
  • Clubhouse
  • Porch

About This Home

As of February 2013

LEASE THIS DREAM HOME TODAY! GRANITE COUNTER TOPS, STAINLESS APPLIANCES, BRAND NEW HUGE DECK, 4 BEDROOMS AND AN OFFICE SPACE, WALK OUT BASEMENT.. YOU HAVE TO SEE THIS TO BELIEVE IT. LONG TERM LEASE PREFERRED. CREDIT REPORT, APPLICATION, FINANCIAL STATEMENT, MONTHS WORTH OF PAY STUBS AND BANK STATEMENT REQUIRED WITH OFFER. OCCUPANCY AFTER JANUARY 15

Last Agent to Rent the Property

Kimberley Blue

Key Realty One License #6501366807 Listed on: 10/06/2012

Last Renter's Agent

Marc Leitson

Community Choice Realty Inc License #6501293214

Community Choice Realty Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 50x110

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,490 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Sump Pump

Outdoor Features

  • Outdoor Pool
  • Deck
  • 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 2218101345

Community Details

Overview

  • Knightsbridge Gate Condo Occpn 1797 Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2007
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Access
  • Sq Ft Combined: 2490
  • Total Sq Ft: 2490

Exterior Features

  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Club House, Pool – Community
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 400

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • Lot Dimensions: 50X110
  • Parcel Number: 2218101345

Tax Info

  • Tax Amount Summer: 4431.0000
  • Tax Amount Winter: 68.0000
  • Total Tax: 4499.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2020
Sold by
Palanisamy Ranjith
Bought by
Palanisamy Ranjith and Eswara Ruby
Current Estimated Value
$552,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Outstanding Balance
$201,759
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$350,923

Purchase Details

Closed on
Jul 14, 2016
Sold by
Somagattu Kula Sekharareddy and Chittivolu Arpitha
Bought by
Palanisamy Ranjith

Purchase Details

Closed on
Jun 8, 2007
Sold by
Winnick Knightsbridge Gate Llc
Bought by
Somagattu Kula Sekharareddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,800
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Palanisamy Ranjith -- None Available
Palanisamy Ranjith $340,000 None Available
Somagattu Kula Sekharareddy $303,165 Greco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palanisamy Ranjith $287,000
Previous Owner Somagattu Kula Sekharareddy $272,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2013 02/01/13 Rented $2,300 0.0% --
11/21/2012 11/21/12 Under Contract -- -- --
10/06/2012 10/06/12 For Rent $2,300 +9.5% --
01/23/2012 01/23/12 Rented $2,100 -8.7% --
01/23/2012 01/23/12 Under Contract -- -- --
01/11/2012 01/11/12 For Rent $2,300 -- --
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 $6,319 $198,310 $0 $0
2022 $6,194 $183,340 $0 $0
2020 $5,544 $179,750 $34,500 $145,250
2015 -- $140,850 $0 $0
2014 -- $128,350 $0 $0
2011 -- $130,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 212103254

Realcomp

APN: 22-18-101-345