Sold
40778 Lenox Park Drive, Novi, MI 48377
Sold on 09/18/2023 for$400,000
MLS # 20230065032 (Realcomp)
3 beds3 baths1,826 sqftBuilt 20050 acres
1 / 28
Listing Description
End unit condo on premium lot, backing to water, located deep in the sub!! This beautiful unit has an open floor plan with hardwood floors throughout and is located on a private wooded lot. Great room features soaring ceiling with recessed lighting, fireplace, skylight, custom fireplace which opens up to kitchen area. Kitchen features stainless steel appliances, plenty of cabinets and counter space and separate breakfast nook with wall of windows and doorwall leading to private deck. 1st floor master with walk in closet, private bath and nature views of the trees and pond. Upper level features bedroom, full bath and large walk in closet off hallway. Spacious open daylight basement awaiting your finishing touches conveniently plumbed for an additional bath. 2 car attached garage and 1st floor laundry! Great location close to expressways, shopping and restaurants!!
Source: SparkMLS
About this home
This 3-bedroom, 3-bath, 1,826 sq ft home built in 2005 sits in Lenox Park in Novi.
Final sale price: $400,000 (about $219/sq ft).
Annual property taxes run approximately $5,368 ($447/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 SubtypeCondominium
Bedrooms3
Bathrooms3
Living Area1,826 sqft
Year Built2005
Stories2
Location
CityNovi
MunicipalityNovi City
Zip Code48377
CountyOakland
School DistrictWalled Lake
Construction & Systems
ConstructionAluminum Siding, Brick
BasementDaylight
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorOther
Sale & Financing
Listed8/4/2023
Sold Date9/17/2023
Terms AcceptedCash, Conventional
HOA
HOA Fee$360 / Monthly
Source: SparkMLS
Tax Information
Annual Tax$4,246
State Equalized Value$194,790
Taxable Value$194,790
Parcel #2201326027
Source: Public Records
Legal Description
T1N, R8E, SEC 1 OAKLAND COUNTY CONDOMINIUM PLAN NO 1693 LENOX PARK UNIT 27 L 34621 P 101 12-21-04 FR 300-014
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAPrice & Status History
Sep 18, 2023
Sale recorded
$400,000
Aug 5, 2023
Listed for sale
$404,900
Listed by James J DiMora
Keller Williams Advantage
Frequently Asked Questions about 40778 Lenox Park Drive, Novi, MI 48377
Which school district serves 40778 Lenox Park Drive, Novi, MI 48377?
Per MLS# 20230065032, 40778 Lenox Park Drive, Novi, MI 48377 is in the Walled Lake boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Walled Lake directly to confirm enrollment eligibility.
What financing options are available for 40778 Lenox Park Drive, Novi, MI 48377?
Per MLS# 20230065032, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 40778 Lenox Park Drive, Novi, MI 48377?
Per public tax records, annual property taxes for this property are $4,246. 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, 40778 Lenox Park Drive, Novi, MI 48377 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 40778 Lenox Park Drive, Novi, MI 48377 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 40778 Lenox Park Drive, Novi, MI 48377?
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$5,368
Monthly$447
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$3,434
Principal & interest$2,626
Property taxes$447
HOA$360
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
40778 Lenox Park Drive, Novi, MI 48377
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Neighborhood
Lenox Park
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Community
Novi
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County
Oakland County
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