Sold
40435 Oak Tree, Novi, MI
Sold on 06/30/2026 for$418,500
MLS # 20261040983 (Realcomp)
4 beds2 baths1,734 sqftBuilt 19750.3 acres
1 / 45
Listing Description
Welcome to 40435 Oak Tree, a well-maintained bi-level ranch offering 1,734 sq. ft. of comfortable living space with 4 bedrooms, 2 full baths, and an attached 2-car garage. Situated on a beautiful corner lot with mature trees and lush green space, this home enjoys a prime location directly across from the elementary school and just steps from parks, walking trails, and neighborhood amenities.The spacious floor plan offers flexibility for everyday living, while recent updates provide peace of mind, including a new furnace (2019), remodeled bathrooms (2022), new gutters and downspouts (2020), newer plank flooring, and a modernized kitchen with stainless steel appliances, all included.Enjoy the neighborhood pool, parks, walking trails, and community amenities that make this a great place to call home. Located in the highly acclaimed Novi School District and close to shopping, dining, and major freeways. With 4 bedrooms, 2 full baths, numerous updates, and a prime corner lot location, this home offers outstanding value in one of Novi’s most desirable communities. Schedule your showing today.All data and measurements are approximate and should be independently verified.
Source: SparkMLS
About this home
4-bedroom, 2-bath, 1,734 sq ft home in Novi in Novi built in 1975.
Closed at $418,500 (about $241/sq ft).
Estimated annual property tax: $4,881, or about $407 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 SubtypeSingle Family Residence
Bedrooms4
Bathrooms2
Living Area1,734 sqft
Lot Size0.3 acres
Year Built1975
Stories2
Location
CityNovi
MunicipalityNovi City
CountyOakland
School DistrictNovi
Construction & Systems
ConstructionAluminum Siding, Brick
BasementSlab
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/3/2026
Sold Date6/29/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$315 / Annually
Source: SparkMLS
Tax Information
Annual Tax$3,985
State Equalized Value$177,120
Taxable Value$105,720
Parcel #2225251001
Source: Public Records
Legal Description
T1N, R8E, SEC 25 FAIRFIELD FARMS SUB LOT 79
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Angela Jaafar
RE/MAX Dream Properties
Frequently Asked Questions about 40435 Oak Tree, Novi, MI
Which school district serves 40435 Oak Tree, Novi, MI?
Per MLS# 20261040983, 40435 Oak Tree, 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 40435 Oak Tree, Novi, MI?
Per MLS# 20261040983, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 40435 Oak Tree, Novi, MI?
Per public tax records, annual property taxes for this property are $3,985. 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, 40435 Oak Tree, 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 40435 Oak Tree, 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 40435 Oak Tree, 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.
Map
Tax Estimate
$
Annual tax$4,881
Monthly$407
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$2,962
Principal & interest$2,530
Property taxes$407
HOA$26
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
40435 Oak Tree, Novi, MI
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Municipality
Novi
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County
Oakland County
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