For Sale
25520 PORTICO Lane, Novi, MI
$290,000
MLS # 20261029465 (Realcomp)
2 beds2 baths1,132 sqftBuilt 2005
1 / 22
Listing Description
IMMEDIATE OCCUPANCY!! Nice condo in a great area of Novi with Novi schools! Features: 2 bedrooms, 2 full bath (ceramic tile). 9 ft. ceilings on 1st floor. Formal living room. Formal dining room. Kitchen with granite counter tops, all stainless steel appliances (Refrigerator, Stove, Microwave, Dishwasher), New (washer & dryer). Luxury vinyl tile floors in Kitchen, Living RM, Dining RM, Library/Office and Hall way. New Paint. Master bedroom features a private updated bath with granite counter top & ceramic tiles and walk in closet and separate entrances to the balcony. Second bedroom also have a sliding door to back balcony. Both baths been updated. Library / Office. Two (2) car attached side entry garage. Central air. Close to all shopping, restaurants & freeways. Rent include association fee, water, sewer, trash, lawn care & snow removal. Must See!!
Source: SparkMLS
About this home
Located in Gateway Village Of Novi in Novi, this property offers 2-bedroom, 2-bath, 1,132 sq ft, with original construction dating to 2005.
Currently offered at $290,000 (about $256/sq ft).
Estimated annual property tax: $3,510, or about $293 monthly. 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 SubtypeCondominium
Bedrooms2
Bathrooms2
Living Area1,132 sqft
Year Built2005
Stories1
Location
CityNovi
MunicipalityNovi City
CountyOakland
School DistrictNovi
Construction & Systems
ConstructionBrick
BasementSlab
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed4/27/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
HOA
HOA Fee$265 / Monthly
IncludesLawn/Yard Care, Sewer, Snow Removal, Trash, Water
Source: SparkMLS
Tax Information
Annual Tax$5,600
State Equalized Value$127,370
Taxable Value$109,870
Parcel #2223227165
Source: Public Records
Legal Description
T1N, R8E, SEC 23 OAKLAND COUNTY CONDOMINIUM PLAN NO 1430 GATEWAY VILLAGE OF NOVI UNIT 165, BLDG 10 L 25305 P 808 4-10-02 FR 226-041
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Alex Safadi
Internet Real Estate, Inc
Frequently Asked Questions about 25520 PORTICO Lane, Novi, MI
Which school district serves 25520 PORTICO Lane, Novi, MI?
Per MLS# 20261029465, 25520 PORTICO Lane, Novi, MI is in the Novi boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Novi directly to confirm enrollment eligibility.
What financing options are available for 25520 PORTICO Lane, Novi, MI?
Per MLS# 20261029465, 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 25520 PORTICO Lane, Novi, MI?
Per public tax records, annual property taxes for this property are $5,600. 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, 25520 PORTICO Lane, Novi, MI is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 25520 PORTICO Lane, Novi, MI 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 25520 PORTICO Lane, Novi, MI?
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.
Loading map...
Tax Estimate
$
Annual tax$3,510
Monthly$293
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
$
%
$
$
$
Monthly payment$2,438
Principal & interest$1,881
Property taxes$293
HOA$265
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
25520 PORTICO Lane, Novi, MI
View full property history →
Neighborhood
Gateway Village Of Novi
View all listings →
Community
Novi
Explore neighborhoods →
County
Oakland County
View county overview →
Get email alerts for new listings near 25520 PORTICO Lane
We'll notify you when something hits the market in Gateway Village Of Novi or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.