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40985 Hollydale

40985 Hollydale, Novi, MI 48375
Property in Novi
Sold Mar 16, 2016
$144,001
$148,753 by Usaa Fsb
Mortgage Due Apr 01, 2046
Sold Apr 26, 1996
$119,900
$119,000 by Greentree Fin Corp
Mortgage
Local assessors in Novi, MI have categorized 40985 Hollydale as a residential type of property. The home was built in 1957 and is 67 years old. The property's lot size has been calculated to be 10,019 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 850 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 40985 Hollydale has a total of 1,465 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. The home's a forced air unit is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 40985 Hollydale sold most recently in Mar 14, 2016 for a total of $144,001. If you work out the math, that's approximately a cost of $98.29 per sqft. Before that, the property was also sold for $119,900 in Apr 12, 1996. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,772 in taxes each year. 40985 Hollydale was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $126,040. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,465
  • Building Area: 1,465
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,465
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLOWBROOK ESTATES SUB
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T1N, R8E, SEC 25 WILLOWBROOK ESTATES SUB NO 2 LOT 185

Ownership

  • Current Owner : LOWRY DERRILL D
  • Current Owner 2: LOWRY EARTHA A
  • Previous Owner : BURGESS CECIL H
  • Previous Owner 2: BURGESS LESLIE A
  • Owner Before Previous Owner: MADDEN PATRICK D

Neighborhood

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

Zoning

  • Zoning: R-4

Geography

  • District: 50
  • Section: 25
  • Parcel: 50-22-25-152-004
  • Lot: 185
  • Meridian: SEC 25 TWN 1N RNG 8E
  • Municipality: NOVI CITY
  • Latitude: 42.462
  • Longitude: -83.4513

    Address

  • Full Address: 40985 Hollydale
  • Address - House Number: 40985
  • Address - Street Name: Hollydale
  • State: MI
  • City Name: Novi
  • Carrier Code: C009
  • 4-Digit Zip Code: 3519
  • Zip Code: 48375

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,772

    Appraisal Valuation

  • Standard Deviation: 0.2047
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 72
  • Final Value: 295,041
  • High Value: 355,464
  • Low Value: 234,618

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $148,753
  • First Open Lien Mortgage Lender: USAA FSB
  • First Open Lien Mortgage Recording Date: Mar 16, 2016
  • First Open Lien Mortgage Loan Amount: $148,753
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2046

    Market Valuation

  • Market Total Value: $252,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,040

    Sales

  • Current Sale Contract Date: Mar 14, 2016
  • Current Sale Recording Date: Mar 16, 2016
  • Current Sale Transaction ID: 1506876306
  • Current Sale Price: $144,001
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 47083
  • Previous Sale Recording Date: Apr 26, 1996
  • Previous Sale Contract Date: Apr 12, 1996
  • Previous Sale Amount: $119,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: USAA FSB
  • First Mortgage Transaction Date: Mar 16, 2016
  • First Mortgage Loan Amount: $148,753
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Apr 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: GREENTREE FIN CORP
  • Previous Mortgage Transaction Date: Apr 26, 1996
  • Previous Mortgage Loan Amount: $119,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Novi



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Frequently Asked Questions

What neighborhood is 40985 Hollydale located in?
The 40985 Hollydale is a located in the neighborhood of Novi in Novi, Novi.
What is the average sales price for listings in 40985 Hollydale?
The average sales price for units in 40985 Hollydale is $0 currently.

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