For sale

Price cut: $5K (10/8)

$215,000

1516 Paramount St, Novi, MI 48377

2beds

866sqft

$1,606/mo

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Single Family Residence

Built in 1958

4,356 Square Feet Lot

$212,100 Zestimate^®

$248/sqft

$-- HOA

What's special

LOCATION, LOCATION, LOCATION! Just steps away from Walled Lake! Welcome to 1516 Paramount Street! This charming 2-bedroom, 1-bath ranch offers the ideal blend of low-maintenance living and incredible outdoor recreation. Nestled within walking distance to two local parks and nearby beaches, you get all the perks of lake community living without the high price tag. Updates include: metal roof (2021), siding (2023), water heater (2021), and flooring. Schedule your showing today!

19 days
2,392
211

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: Entry
Area: 156
Dimensions: 12 X 13

Bedroom

Level: Entry
Area: 81
Dimensions: 9 X 9

Primary bathroom

Level: Entry
Area: 30
Dimensions: 6 X 5

Dining room

Level: Entry
Area: 78
Dimensions: 13 X 6

Kitchen

Level: Entry
Area: 90
Dimensions: 9 X 10

Laundry

Level: Entry
Area: 48
Dimensions: 6 X 8

Living room

Level: Entry
Area: 132
Dimensions: 12 X 11

Heating

Baseboard, Natural Gas, Radiant

Appliances

Included: Dishwasher, Free Standing Electric Range, Free Standing Refrigerator

Features

Has basement: No
Has fireplace: No

Interior area

Total interior livable area: 866 sqft
Finished area above ground: 866

Property

Parking

Parking features: No Garage

Features

Levels: One
Stories: 1
Entry location: GroundLevel
Pool features: None

Lot

Size: 4,356 Square Feet
Dimensions: 40 x 110

Details

Parcel number: 2202376004
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Vinyl Siding
Foundation: Slab
Roof: Metal

Condition

New construction: No
Year built: 1958

Utilities & green energy

Sewer: Public Sewer
Water: Well

Community & HOA

Community

Subdivision: CENAQUA SHORES

HOA

Has HOA: No

Location

Region: Novi

Financial & listing details

Price per square foot: $248/sqft
Tax assessed value: $61,890
Annual tax amount: $2,080
Date on market: 9/26/2026
Cumulative days on market: 19 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Estimated market value

$212,100

$201,000 - $223,000

$1,624/mo

Price history

Date	Event	Price
10/8/2026	Price change	$215,000-2.3%$248/sqft
Source: Realcomp II #20261076560 Report a problem
9/26/2026	Listed for sale	$220,000+109.5%$254/sqft
Source: Realcomp II #20261076560 Report a problem
6/28/2019	Sold	$105,000+5%$121/sqft
Source: Public Record Report a problem
6/4/2019	Pending sale	$99,995$115/sqft
Source: RE/MAX Innovation #219043429 Report a problem
5/10/2019	Listed for sale	$99,995$115/sqft
Source: RE/MAX Innovation #219043429 Report a problem
8/15/2017	Listing removed	$1,000$1/sqft
Source: Owner Report a problem
8/6/2017	Listed for rent	$1,000$1/sqft
Source: Owner Report a problem
12/3/2015	Listing removed	$1,000$1/sqft
Source: Owner Report a problem
11/17/2015	Listed for rent	$1,000$1/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$67,460 +1.4%
2024	--	$66,530 +5.9%
2023	--	$62,800 +12.8%
2022	--	$55,660 +5.2%
2021	--	$52,900 +4.2%
2020	--	$50,750 +10.3%
2019	--	$46,000 +25%
2015	--	$36,800 +2.2%
2014	--	$36,000 -12.3%
2011	--	$41,050 -9.9%
2010	--	$45,550
2009	--	$45,550 -3.7%
2003	--	$47,300 +17.7%
2002	--	$40,200 +30.4%
2001	$1,054 +7%	$30,820 +3.2%
2000	$985	$29,870