Sold
43449 CHANCELLOR Lane, Novi, MI 48375
Sold on 07/11/2025 for$575,000
MLS # 25023653 (Michigan Regional Information Center (MichRIC))
3 beds3 baths2,138 sqftBuilt 20190.19 acres
1 / 5
Listing Description
Beautifully maintained 3BR, 2.5BA home in the award-winning Novi School District, set on a quiet lot with a private, wooded backyard. Enjoy a bright, open layout in main floor with a spacious kitchen, cozy living room, dining area with peaceful views—perfect for everyday living and entertaining. The upstairs features a generous primary suite with walk-in closet and private bath, plus two additional bedrooms and a full bath. The finished walk-out basement offers a large rec area, and direct access to the peaceful backyard—ideal for guests, a home office, or movie nights. Close to top-rated schools, shopping, restaurants and major highways.
Source: SparkMLS
About this home
3-bedroom, 3-bath, 2,138 sq ft home in Emerson Park in Novi built in 2019.
Final sale price: $575,000 (about $269/sq ft).
Estimated annual property tax: $7,561, or about $630 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Fiber internet is available at this address with download speeds up to 1,000 Mbps across 8 providers. Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms3
Bathrooms3
Living Area2,138 sqft
Lot Size0.19 acres
Year Built2019
Stories2
Location
CityNovi
MunicipalityNovi City
Zip Code48375
CountyOakland
School DistrictNovi Community School District
Construction & Systems
ConstructionBrick, Stone, Vinyl Siding
BasementWalk-Out Access
Garage342 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorCeiling Fan(s), Center Island, Pantry
Sale & Financing
Listed5/22/2025
Sold Date7/10/2025
Terms AcceptedCash, FHA, VA Loan, Conventional
HOA
HOA Fee$182
IncludesSnow Removal, Lawn/Yard Care
Source: SparkMLS
Tax Information
Annual Tax$8,890
Tax Year2024
State Equalized Value$274,360
Taxable Value$249,950
Assessed Value$249,950
Parcel #2222404015
Source: Public Records
Legal Description
T1N, R8E, SEC 22 OAKLAND COUNTY CONDOMINIUM PLAN NO 2250 EMERSON PARK UNIT 73, BLDG 15 L 52539 P 719 ________________________ 04/12/2019 FR 22-22-404-005 JL, JZ
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Yeon Seung Jeong
KW Advantage
Frequently Asked Questions about 43449 CHANCELLOR Lane, Novi, MI 48375
What school district is 43449 CHANCELLOR Lane, Novi, MI 48375 in?
Per MLS# 25023653, this property is served by Novi Community School District. 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# 25023653, the seller has indicated this property accepts the following financing types: Cash, FHA, VA Loan, Conventional. 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# 25023653, the most recent reported annual property tax for 43449 CHANCELLOR Lane, Novi, MI 48375 is $8,890 (2024). 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 43449 CHANCELLOR Lane, Novi, MI 48375 eligible for USDA financing?
Per USDA Rural Development boundary data, 43449 CHANCELLOR Lane, Novi, MI 48375 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, 43449 CHANCELLOR Lane, Novi, MI 48375 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.
Is fiber internet available at 43449 CHANCELLOR Lane, Novi, MI 48375?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 1.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
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.
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Tax Estimate
$
Annual tax$7,561
Monthly$630
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$4,347
Principal & interest$3,535
Property taxes$630
HOA$182
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
1 Gbps
Upload
1 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatellite
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
43449 CHANCELLOR Lane, Novi, MI 48375
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Neighborhood
Emerson Park
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Community
Novi
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County
Oakland County
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