Sold
51231 Luke Lane, Novi, MI
Sold on 05/31/2023 for$442,000
MLS # 20230033248 (Realcomp)
3 beds3 baths2,720 sqftBuilt 20110.12 acres
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Listing Description
You don't want to miss this opportunity to own this north facing Knightsbridge gate home nestled on a wooded lot! Freshly painted, with new carpet. Kitchen remodel featuring stainless steel appliances, granite countertops, a brand new island with butcher block top, refinished hardwood floor & pantry. Living room area that can be used as a dining room or office. Upstairs features a generously sized primary bedroom with ensuite & walk in closet. 2 additional bedrooms, a full bathroom plus loft area. Convenient 2nd floor laundry. Finished basement featuring a custom bar that is sure to impress. Basement also includes a workshop area, and plenty of custom shelving for all of your storage needs. Backyard features a newer trex deck and fire pit. Community pool. Schedule your showing today!
Source: SparkMLS
About this home
This 3-bedroom, 3-bath, 2,720 sq ft home built in 2011 sits in Knightsbridge Gate in Novi.
Final sale price: $442,000 (about $163/sq ft).
Estimated annual property tax: $5,707, or about $476 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
Bedrooms3
Bathrooms3
Living Area2,720 sqft
Lot Size0.12 acres
Year Built2011
Stories2
Location
CityNovi
MunicipalityNovi City
CountyOakland
School DistrictSouth Lyon
Construction & Systems
ConstructionBrick, Vinyl Siding
BasementPartial
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Partially Finished, Other
Sale & Financing
Listed5/2/2023
Sold Date5/30/2023
Terms AcceptedCash, Conventional
HOA
HOA Fee$210 / Quarterly
IncludesLawn/Yard Care
Source: SparkMLS
Tax Information
Annual Tax$4,311
State Equalized Value$207,090
Taxable Value$199,760
Parcel #2218101039
Source: Public Records
Legal Description
T1N, R8E, SEC 18 OAKLAND COUNTY CONDOMINIUM PLAN NO 1797 KNIGHTSBRIDGE GATE UNIT 39 L 36493 P 001 10-26-05 FR 100-001 SPLIT ON 11/20/2005 FROM 50-22-18-100-001;
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAPrice & Status History
May 31, 2023
Sale recorded
$442,000
May 3, 2023
Listed for sale
$430,000
More Homes in Knightsbridge Gate
Listed by Kimberly Herron
Preferred, Realtors® Ltd
Frequently Asked Questions about 51231 Luke Lane, Novi, MI
What school district is 51231 Luke Lane, Novi, MI in?
Per MLS# 20230033248, this property is served by South Lyon. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 51231 Luke Lane, Novi, MI?
Per MLS# 20230033248, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20230033248, the most recent reported annual property tax for 51231 Luke Lane, Novi, MI is $4,311. 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 51231 Luke Lane, Novi, MI eligible for USDA financing?
Per USDA Rural Development boundary data, 51231 Luke Lane, 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, 51231 Luke Lane, 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$5,707
Monthly$476
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$3,335
Principal & interest$2,789
Property taxes$476
HOA$70
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
51231 Luke Lane, Novi, MI
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Neighborhood
Knightsbridge Gate
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Community
Novi
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County
Oakland County
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