*****Multiple Offers Received.. OFFER DEADLINE Sunday 4/27 at 1:00 pm. ***** Open house canceled for Sunday 4/27.
Looking for a house in the highly top rated school district of Novi, close to all the modern amenities and freeway access? This beautifully updated ranch with three bedrooms and one and a half bathrooms is a perfect place to call home. The open concept kitchen, dining, and living room boasts beautiful granite countertops, updated cabinetry, and statement fireplace. This beautiful space is the perfect place to entertain, especially with sliding door access to a very private back patio. The impeccably partially finished basement also offers additional living space, plus tons of storage. This home has a newer roof, newer furnace, newer water heater, and is perfectly move in ready! The HOA includes access to a community pool and playground, and is walking distance to the nearest elementary school. This house won’t last, so book your showing today, and call this Novi Ranch your new home.
Sold for $438,000
$438,000
40521 Franklin Mill St, Novi, MI 48375
3beds
1,964sqft
Single Family Residence
Built in 1975
0.26 Acres Lot
$450,100 Zestimate®
$223/sqft
$2,776 Estimated rent
Home value
$450,100
$419,000 - $486,000
$2,776/mo
Zestimate® history
Owner options
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$2,776/mo
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$2,776/mo
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$3,168/mo
Est. payment
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$3,168/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Kate DeCavitte 248-548-9100,
Keller Williams Advantage
Bought with:
Hari K Kakumanu, 6501392854
Community Choice Realty Associates, LLC
Source: Realcomp II,MLS#: 20250027090
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Level: Entry
- Area: 156
- Dimensions: 12 x 13
Bedroom
- Level: Entry
- Area: 99
- Dimensions: 9 x 11
Bedroom
- Level: Entry
- Area: 108
- Dimensions: 9 x 12
Other
- Level: Entry
- Area: 56
- Dimensions: 7 x 8
Other
- Level: Entry
- Area: 25
- Dimensions: 5 x 5
Dining room
- Level: Entry
- Area: 80
- Dimensions: 8 x 10
Family room
- Level: Entry
- Area: 224
- Dimensions: 16 x 14
Kitchen
- Level: Entry
- Area: 130
- Dimensions: 13 x 10
Living room
- Level: Entry
- Area: 220
- Dimensions: 20 x 11
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Free Standing Gas Range, Free Standing Refrigerator, Microwave, Washer
Features
- Basement: Partial,Partially Finished
- Has fireplace: No
Interior area
- Total interior livable area: 1,964 sqft
- Finished area above ground: 1,484
- Finished area below ground: 480
Property
Parking
- Total spaces: 2
- Parking features: Two Car Garage, Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: GroundLevelwSteps
- Pool features: None
Lot
- Size: 0.26 Acres
- Dimensions: 90.00 x 125.00
Details
- Parcel number: 2225252001
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Basement, Poured
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Novi
- Subdivision: FAIRFIELD FARMS SUB
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $315 annually
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Va Loan
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2025 | Sold | $438,000+9.8%$223/sqft |
Source:  Realcomp II #20250027090 Report a problem | ||
| 4/28/2025 | Pending sale | $399,000$203/sqft |
Source: Realcomp II #20250027090 Report a problem | ||
| 4/25/2025 | Listed for sale | $399,000$203/sqft |
Source: Realcomp II #20250027090 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $161,050 +8% |
| 2023 | -- | $149,060 +5.7% |
| 2022 | -- | $140,990 +4.7% |
| 2021 | -- | $134,600 +4.1% |
| 2020 | -- | $129,350 +5.4% |
| 2019 | -- | $122,700 +12.6% |
| 2015 | -- | $109,000 +29.5% |
| 2014 | -- | $84,200 -8.4% |
| 2011 | -- | $91,950 -9.4% |
| 2010 | -- | $101,450 |
| 2009 | -- | $101,450 -14% |
| 2003 | -- | $117,950 +7.3% |
| 2002 | -- | $109,900 +44.8% |
| 2001 | $2,913 +12.4% | $75,890 +3.2% |
| 2000 | $2,591 | $73,540 |
Find assessor info on the county website
Neighborhood: 48375
Nearby schools
GreatSchools rating
- 10/10Village Oaks Elementary SchoolGrades: K-4Distance: 0.1 mi
- 8/10Novi High SchoolGrades: 8-12Distance: 2.4 mi
- 9/10Novi Meadows SchoolGrades: PK,5-7Distance: 2.9 mi
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Estimated market value
$450,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$450,100
- Michigan
- Oakland County
- Novi
- 48375
- 40521 Franklin Mill St
Nearby cities
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