Sold
24727 IVY LANE, Novi, MI
Sold on 11/07/2025 for$470,000
MLS # 20251043012 (Realcomp)
3 beds3 baths1,945 sqftBuilt 20200 acres
1 / 26
Listing Description
This move-in ready 3-bedroom condo, built in 2020, features an open floor plan, a spacious great room, and beautiful hardwood floors on the first level. The bright kitchen is appointed with linen cabinets and granite countertops. Upstairs, the primary bedroom boasts two large walk-in closets, offering exceptional storage and luxury. Additional highlights include second-floor laundry, low HOA fees, and a fantastic location close to schools, the library, parks, and major freeways—plus, excellent Novi schools!! The community offers a tot lot, walking paths, and a gazebo. All measurements are approximate.
Source: SparkMLS
About this home
This 3-bedroom, 3-bath, 1,945 sq ft home built in 2020 sits in Emerson Park in Novi.
This home sold for $470,000 (about $242/sq ft).
Annual property taxes run approximately $6,441 ($537/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Fiber internet is available at this address with download speeds up to 1,000 Mbps across 8 providers. Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms3
Bathrooms3
Living Area1,945 sqft
Year Built2020
Stories2
Location
CityNovi
MunicipalityNovi City
CountyOakland
School DistrictNovi Community School District
Construction & Systems
ConstructionBrick, Stone
BasementSlab
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed10/5/2025
Sold Date11/6/2025
Terms AcceptedCash, Conventional
HOA
HOA Fee$182 / Monthly
Source: SparkMLS
Tax Information
Annual Tax$10,924
State Equalized Value$233,730
Taxable Value$212,370
Parcel #2222404060
Source: Public Records
Legal Description
T1N, R8E, SEC 22 OAKLAND COUNTY CONDOMINIUM PLAN NO 2250 EMERSON PARK UNIT 44, BLDG 9 L 52612 P 794 ------------------------------------ 4-15-19 FR 016, jz
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Hye Lisa Chung
Real Estate One-Northville
Frequently Asked Questions about 24727 IVY LANE, Novi, MI
What school district is 24727 IVY LANE, Novi, MI in?
Per MLS# 20251043012, this property is served by Novi Community School District. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 24727 IVY LANE, Novi, MI?
Per MLS# 20251043012, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20251043012, the most recent reported annual property tax for 24727 IVY LANE, Novi, MI is $10,924. 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.
Is 24727 IVY LANE, Novi, MI eligible for USDA financing?
Per USDA Rural Development boundary data, 24727 IVY LANE, Novi, MI 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 24727 IVY LANE, Novi, MI is in flood zone X (minimal risk). 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.
Is fiber internet available at 24727 IVY LANE, Novi, MI?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 1.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
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.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Tax Estimate
$
Annual tax$6,441
Monthly$537
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$3,826
Principal & interest$3,107
Property taxes$537
HOA$182
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
1 Gbps
Upload
1 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatellite
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
24727 IVY LANE, Novi, MI
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Neighborhood
Emerson Park
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Community
Novi
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County
Oakland County
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