Sold
39797 VILLAGE WOOD Lane, Novi, MI
Sold on 07/11/2025 for$170,000
MLS # 20250028472 (Realcomp)
2 beds1 bath860 sqftBuilt 1977
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Listing Description
Back On Market due to buyer Financing!Updated, Move-In-Ready Condominium in NoviTucked away in a quiet spot within the highly sought-after Novi School District, this beautifully remodeled condominium is ready for you to move right in. The updated kitchen features quartz countertops, a stylish tile backsplash, new sink, and stainless-steel appliances, making it both functional and modern.The home is complete with new flooring throughout, a high-end washer and dryer (approximately 1 year old), and a new water heater. Enjoy the added convenience of a 1-car garage and easy access to community amenities, including a pool, picnic area, and playground.This condo offers the perfect blend of modern updates and an unbeatable location, offering a comfortable and low-maintenance lifestyle.
Source: SparkMLS
About this home
2-bedroom, 1-bath, 860 sq ft home in Lakewood Parkhomes in Novi built in 1977.
This home sold for $170,000 (about $198/sq ft).
Estimated annual property tax: $2,147, or about $179 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. Broadband is available with download speeds up to 1,000 Mbps from 8 providers.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms1
Living Area860 sqft
Year Built1977
Stories2
Location
CityNovi
MunicipalityNovi City
CountyOakland
School DistrictNovi Community School District
Construction & Systems
ConstructionVinyl Siding, Wood Siding
BasementSlab
Garage1 space
HeatingForced Air
SewerPublic
Sale & Financing
Listed4/23/2025
Sold Date7/10/2025
Original Price$180,000
Terms AcceptedCash, Conventional, FHA, VA Loan
HOA
HOA Fee$314 / Monthly
IncludesLawn/Yard Care, Water
Source: SparkMLS
Tax Information
Annual Tax$2,025
State Equalized Value$77,910
Taxable Value$58,610
Parcel #2225427039
Source: Public Records
Legal Description
T1N, R8E, SEC 25 OAKLAND COUNTY CONDOMINIUM PLAN NO 212 LAKEWOODE PARKHOMES BLDG 14, APT 55 L 6585 P 408
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Nicholas Devine
Elite Realty
Frequently Asked Questions about 39797 VILLAGE WOOD Lane, Novi, MI
Which school district serves 39797 VILLAGE WOOD Lane, Novi, MI?
Per MLS# 20250028472, 39797 VILLAGE WOOD Lane, Novi, MI is in the Novi Community School District boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Novi Community School District directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20250028472, 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 39797 VILLAGE WOOD Lane, Novi, MI?
Per public tax records, annual property taxes for this property are $2,025. 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, 39797 VILLAGE WOOD 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.
Is 39797 VILLAGE WOOD 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 internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 39797 VILLAGE WOOD Lane, Novi, MI. The maximum advertised download speed is 1.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 39797 VILLAGE WOOD Lane, Novi, MI?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: 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.
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Tax Estimate
$
Annual tax$2,147
Monthly$179
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$1,628
Principal & interest$1,135
Property taxes$179
HOA$314
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1 Gbps
Upload
35 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
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
39797 VILLAGE WOOD Lane, Novi, MI
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Neighborhood
Lakewood Parkhomes
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Community
Novi
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County
Oakland County
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