For Sale
41544 Mitchell Road, Novi, MI 48377
$355,000
MLS # 20261035412 (Realcomp)
3 beds4 baths2,133 sqftBuilt 20030 acres
1 / 43
Listing Description
Welcome to this beautifully maintained income-generating property in the heart of Novi! This spacious home features 3 bedrooms, 3.1 baths, with soaring high ceilings that create an open and airy feel throughout. In unit laundry, stove, refrigerator, microwave, dishwasher. Living room and all bedrooms have plenty of light. Finished basement with a full bath offers additional living and entertainment space, while the attached 2-car garage adds everyday convenience. HOA takes care of the maintenance exterior, lawn, snow, water and sewer.Perfect for investors, the property is tenant-occupied with a lease in place until March 2027, providing immediate and stable rental income. Conveniently located close to shopping, hospitals, major freeways, grocery stores, and malls, this home combines comfort, location, and investment potential all in one. A fantastic opportunity in a highly desirable Novi location!PS- TENANT IN THE CONDO, LEASE ENDS MARCH 2027, showings only from 3-8 pm depending on tenants availability. Please send listing agent PRE APPROVAL prior to showings.
Source: SparkMLS
About this home
This 3-bedroom, 4-bath, 2,133 sq ft home built in 2003 sits in Novi in Novi.
Currently offered at $355,000 (about $166/sq ft).
Estimated annual property tax: $4,844, or about $404 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
Bathrooms4
Living Area2,133 sqft
Year Built2003
Stories2
Location
CityNovi
MunicipalityNovi City
Zip Code48377
CountyOakland
School DistrictWalled Lake
Construction & Systems
ConstructionBrick, Vinyl Siding
BasementPartial
Garage2 spaces
HeatingForced Air
WaterPublic
InteriorBasement Partially Finished
Sale & Financing
Listed5/21/2026
Terms AcceptedCash, Conventional, FHA
HOA
HOA Fee$375 / Monthly
IncludesLawn/Yard Care, Sewer, Snow Removal, Water
Source: SparkMLS
Tax Information
Annual Tax$8,486
State Equalized Value$175,790
Taxable Value$165,540
Parcel #2211226166
Source: Public Records
Legal Description
T1N, R8E, SEC 11 OAKLAND COUNTY CONDOMINIUM PLAN NO 1213 MEADOWBROOK TOWNHOMES UNIT 166, BLDG B-100-16 L 20784 P 259 4-30-03 FR 200-016
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Kashmira Desai
Keller Williams Paint Creek
Frequently Asked Questions about 41544 Mitchell Road, Novi, MI 48377
What school district is 41544 Mitchell Road, Novi, MI 48377 in?
Per MLS# 20261035412, this property is served by Walled Lake. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20261035412, 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# 20261035412, the most recent reported annual property tax for 41544 Mitchell Road, Novi, MI 48377 is $8,486. 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 41544 Mitchell Road, Novi, MI 48377 eligible for USDA financing?
Per USDA Rural Development boundary data, 41544 Mitchell Road, 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 41544 Mitchell Road, Novi, MI 48377 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. 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$4,844
Monthly$404
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$3,081
Principal & interest$2,303
Property taxes$404
HOA$375
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
41544 Mitchell Road, Novi, MI 48377
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Municipality
Novi
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County
Oakland County
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