For Sale
1325 E Lake Drive, Novi, MI 48377
$299,000
MLS # 20261049301 (Realcomp)
3 beds1 bath1,000 sqftBuilt 19300.17 acres
1 / 32
Listing Description
Beautiful Novi ranch with lake access.
Source: SparkMLS
About this home
Located in Novi in Novi, this property offers 3-bedroom, 1-bath, 1,000 sq ft, with original construction dating to 1930.
Listed at $299,000 (about $299/sq ft).
Annual property taxes run approximately $1,694 ($141/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area1,000 sqft
Lot Size0.17 acres
Year Built1930
Stories1
Location
CityNovi
MunicipalityNovi City
Zip Code48377
CountyOakland
School DistrictWalled Lake
Construction & Systems
ConstructionVinyl Siding
BasementSlab
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/28/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$1,759
State Equalized Value$61,460
Taxable Value$49,090
Parcel #2202177008
Source: Public Records
Legal Description
T1N, R8E, SEC 2 SHORE ACRES SUB LOT 24
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAPrice & Status History
Jun 29, 2026
Listed for sale
$299,000
More Homes in Novi
Listed by Andy Boryszczuk
Elite Realty
Frequently Asked Questions about 1325 E Lake Drive, Novi, MI 48377
Which school district serves 1325 E Lake Drive, Novi, MI 48377?
Per MLS# 20261049301, 1325 E Lake Drive, Novi, MI 48377 is in the Walled Lake boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Walled Lake directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20261049301, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 1325 E Lake Drive, Novi, MI 48377?
Per public tax records, annual property taxes for this property are $1,759. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 1325 E Lake Drive, Novi, MI 48377 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 1325 E Lake Drive, Novi, MI 48377 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 1325 E Lake Drive, Novi, MI 48377?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Oakland County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$1,694
Monthly$141
Millage rate27.5569 mills
Municipality: CITY OF NOVI
School district: NORTHVILLE PUBLIC SCHOOLS
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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%
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Monthly payment$2,080
Principal & interest$1,939
Property taxes$141
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1325 E Lake Drive, Novi, MI 48377
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Municipality
Novi
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County
Oakland County
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