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40859 Village Wood Road

40859 Village Wood Road, Novi, MI 48375
Property in Novi
Sold Sep 07, 2017
$299,900
$159,135 by Mundy Valerie
Mortgage
40859 Village Wood Road in Novi, MI was first built in 1977 and is 47 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 40859 Village Wood Road has 1,748 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 800 ft and the linear feet between the front and back of the lot is 1,235. In total, the area measurement of the land is 10,019 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Aug 30, 2017 for $299,900. That's $171.57 per sqft. 40859 Village Wood Road was last assessed in 2023. The total value of the property was assessed at $169,920. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,294. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,235
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,748
  • Building Area: 1,748
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,748
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HEATHERWOODE SUB
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T1N, R8E, SEC 25 HEATHERWOODE SUB LOT 70

Ownership

  • Current Owner : MUNDY ALLISON
  • Previous Owner : NEILL CLARICE ANN O
  • Previous Owner 2: REGNIER COLLEEN MARIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Novi Community School District
  • School Tax School District: 63100
  • Census Tract: 136500

Zoning

  • Zoning: R-3

Geography

  • District: 50
  • Section: 25
  • Parcel: 50-22-25-326-002
  • Lot: 70
  • Meridian: SEC 25 TWN 1N RNG 8E
  • Municipality: NOVI CITY
  • Latitude: 42.4597
  • Longitude: -83.4497

    Address

  • Full Address: 40859 Village Wood Rd
  • Address - House Number: 40859
  • Address - Street Name: Village Wood
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Novi
  • Carrier Code: C001
  • 4-Digit Zip Code: 4471
  • Zip Code: 48375

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,294

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 75
  • Final Value: 422,577
  • High Value: 501,123
  • Low Value: 344,031

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $159,135
  • First Open Lien Mortgage Lender: MUNDY VALERIE
  • First Open Lien Mortgage Recording Date: Jul 12, 2022
  • First Open Lien Mortgage Loan Amount: $159,135
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $339,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,920

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 30, 2017
  • Current Sale Recording Date: Sep 07, 2017
  • Current Sale Transaction ID: 1733268553
  • Current Sale Price: $299,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 167301

    Last Sale Mortgage

  • First Mortgage Lender: TOWNE MORTGAGE CO
  • First Mortgage Transaction Date: Sep 07, 2017
  • First Mortgage Loan Amount: $275,640
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2047

About Novi



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Frequently Asked Questions

What neighborhood is 40859 Village Wood Road located in?
The 40859 Village Wood Road is a located in the neighborhood of Novi in Novi, Novi.
What is the average sales price for listings in 40859 Village Wood Road?
The average sales price for units in 40859 Village Wood Road is $0 currently.

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