Sold
25580 Portico Lane, Novi, MI
Sold on 05/28/2026 for$370,000
MLS # 20261027756 (Realcomp)
3 beds3 baths1,860 sqftBuilt 2003
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Listing Description
Welcome to this beautifully maintained and thoughtfully updated condo in the heart of Novi! Built in 2003, this spacious home offers a bright and open floor plan featuring a grand great room with vaulted ceilings, a cozy gas fireplace, and direct access to a private balcony—perfect for relaxing or entertaining.Enjoy cooking in the modern kitchen, fully updated with quartz countertops and ample cabinet space. Bathrooms have been fitted with luxurious new Cabinet Countertops as well! The primary suite boasts a large walk-in closet, plus a luxurious en-suite bath with dual sinks, a vanity area, a stand-up shower, and a soaking tub.Upstairs you'll find two spacious bedrooms, a versatile loft area ideal for a home office, and plenty of natural light throughout.Additional highlights include:Attached garage for convenience and securityNew furnace installed in 2025New roof installed by the association in 2024Located in a well-maintained community with close proximity to shopping, dining, top-rated schools, and major freeways—this move-in ready condo offers the perfect blend of comfort, style, and convenience.SCHEDULE YOUR APPOINTMENT TODAY!
Source: SparkMLS
About this home
3-bedroom, 3-bath, 1,860 sq ft home in Gateway Village Of Novi in Novi built in 2003.
Closed at $370,000 (about $199/sq ft).
Estimated annual property tax: $4,138, or about $345 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
Bedrooms3
Bathrooms3
Living Area1,860 sqft
Year Built2003
Stories3
Location
CityNovi
MunicipalityNovi City
CountyOakland
School DistrictNovi
Construction & Systems
ConstructionBrick
BasementSlab
Garage1 space
HeatingForced Air
Sale & Financing
Listed4/21/2026
Sold Date5/27/2026
Terms AcceptedCash, Conventional, FHA
HOA
HOA Fee$325 / Monthly
Source: SparkMLS
Tax Information
Annual Tax$5,041
State Equalized Value$150,170
Taxable Value$95,630
Parcel #2223227028
Source: Public Records
Legal Description
T1N, R8E, SEC 23 OAKLAND COUNTY CONDOMINIUM PLAN NO 1430 GATEWAY VILLAGE OF NOVI UNIT 28, BLDG 8 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 Rami H Ahmad
Keller Williams Legacy
Frequently Asked Questions about 25580 Portico Lane, Novi, MI
What school district is 25580 Portico Lane, Novi, MI in?
Per MLS# 20261027756, this property is served by Novi. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 25580 Portico Lane, Novi, MI?
Per MLS# 20261027756, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261027756, the most recent reported annual property tax for 25580 Portico Lane, Novi, MI is $5,041. 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 25580 Portico Lane, Novi, MI eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 25580 Portico 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. 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$4,138
Monthly$345
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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Monthly payment$3,101
Principal & interest$2,432
Property taxes$345
HOA$325
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
25580 Portico Lane, Novi, MI
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Neighborhood
Gateway Village Of Novi
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Community
Novi
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County
Oakland County
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