Pending
40437 Village Wood Road, Novi, MI
$449,990
MLS # 20261041590 (Realcomp)
4 beds3 baths2,386 sqftBuilt 19760.24 acres
1 / 18
Listing Description
Immaculate Lakefront Living in Village OaksExperience the perfect blend of tranquility and convenience in this stunning, well maintained 4-bedroom, 2.5-bath and attached 2-car garage colonial nestled directly on the shores of Village Oaks Lake. Boasting a prime lakefront lot, your backyard is a private oasis with walking distant to elementary school. Inside, a spacious, naturally lit floor plan is designed for modern living. The beautifully updated kitchen, and a separate living and dining area is perfect for gatherings and holiday celebrations. the cozy family room, highlighted by natural wood floors and a classic fireplace step out through the door wall onto a recently rebuilt deck, the ultimate setting for lakeside entertaining. Livening up the bathroom upstairs are a beautiful skylight with an versatile jacuzzi for your heightened relaxation, in addition to the other full-bath in master suite. Located in the award-winning Novi School District within walking distance of Village Oaks Elementary, residents enjoy exclusive community access to a clubhouse, park, and private lifeguarded pool. Unbeatable commuter location just minutes from I-275, I-96, I-696, and Twelve Oaks Mall.
Source: SparkMLS
About this home
Located in Novi in Novi, this property offers 4-bedroom, 3-bath, 2,386 sq ft, with original construction dating to 1976.
Listed at $449,990 (about $189/sq ft).
Property tax estimate: $4,954 per year ($413/month). 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
Bathrooms3
Living Area2,386 sqft
Lot Size0.24 acres
Year Built1976
Stories2
Location
CityNovi
MunicipalityNovi City
CountyOakland
School DistrictNovi
Construction & Systems
ConstructionAluminum Siding, Brick
BasementPartial
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Partially Finished
Sale & Financing
Listed6/21/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
HOA
HOA Fee$360 / Annually
Source: SparkMLS
Tax Information
Annual Tax$5,083
State Equalized Value$179,760
Taxable Value$135,940
Parcel #2225402006
Source: Public Records
Legal Description
T1N, R8E, SEC 25 HEATHERWOODE SUB LOT 47
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Sophie Shao
AutoCity Realty LLC
Frequently Asked Questions about 40437 Village Wood Road, Novi, MI
What school district is 40437 Village Wood Road, Novi, MI in?
Per MLS# 20261041590, this property is served by Novi. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20261041590, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. 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# 20261041590, the most recent reported annual property tax for 40437 Village Wood Road, Novi, MI is $5,083. 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 40437 Village Wood Road, Novi, MI eligible for USDA financing?
Per USDA Rural Development boundary data, 40437 Village Wood Road, 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, 40437 Village Wood Road, 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. 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.
Map
Tax Estimate
$
Annual tax$4,954
Monthly$413
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$3,361
Principal & interest$2,919
Property taxes$413
HOA$30
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
40437 Village Wood Road, Novi, MI
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Municipality
Novi
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County
Oakland County
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