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43050 Sandstone Drive

43050 Sandstone Drive, Novi, MI 48377
Property in Novi
Sold Aug 10, 2021
$425,000
$361,250 by Home Point Financial Corporati
Mortgage Due Sep 01, 2051
Sold May 13, 2021
$405,000
43050 Sandstone Drive has been categorized by the local assessors in Novi, MI as a residential type of property. The building on the property was first built in 1999 and is 25 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 43050 Sandstone Drive has 2,844 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 12,197 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 43050 Sandstone Drive was last sold in Aug 9, 2021 for $425,000. According to our calculations, that's $149.44 per sqft. Prior to that sales transaction, the property was sold for $405,000 in Apr 2, 2021. Current property owners are expected to pay $6,539 in taxes per year. The property on 43050 Sandstone Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $220,820. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Condo
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 1,498
  • Total Building Area: 2,844
  • Building Area: 2,844
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,844
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAKLAND COUNTY CONDOMINIUM
  • Land Acres: 0.28
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: T1N, R8E, SEC 11 OAKLAND COUNTY CONDOMINIUM PLAN NO 822 VISTA HILLS UNIT 138 L13736 P 571 7-9-93 FR 126-001 & 151-001

Ownership

  • Current Owner : MENDOZA JOSE PEREZ
  • Previous Owner : HANNA ALEX K
  • Previous Owner 2: THOMAS HEATHER
  • Owner Before Previous Owner: LI SIGONG SCOTT
  • Owner Before Previous Owner 2: LI BAOZHU PAULA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Walled Lake Consolidated Schools
  • School Tax School District: 63290
  • Census Tract: 136000

Zoning

  • Zoning: R-4

Geography

  • District: 50
  • Section: 11
  • Parcel: 50-22-11-154-023
  • Meridian: SEC 11 TWN 1N RNG 8E
  • Municipality: NOVI CITY
  • Latitude: 42.5042
  • Longitude: -83.4736

    Address

  • Full Address: 43050 Sandstone Dr
  • Legal Unit: 138
  • Address - House Number: 43050
  • Address - Street Name: Sandstone
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Novi
  • Carrier Code: R086
  • 4-Digit Zip Code: 2718
  • Zip Code: 48377

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,539

    Appraisal Valuation

  • Standard Deviation: 0.1766
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 77
  • Final Value: 517,433
  • High Value: 608,836
  • Low Value: 426,031

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $361,250
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Aug 10, 2021
  • First Open Lien Mortgage Loan Amount: $361,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $441,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $220,820

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 09, 2021
  • Current Sale Recording Date: Aug 10, 2021
  • Current Sale Transaction ID: 11849429469
  • Current Sale Price: $425,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 195679
  • Previous Sale Recording Date: May 13, 2021
  • Previous Sale Contract Date: Apr 02, 2021
  • Previous Sale Amount: $405,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Aug 10, 2021
  • First Mortgage Loan Amount: $361,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

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Frequently Asked Questions

What neighborhood is 43050 Sandstone Drive located in?
The 43050 Sandstone Drive is a located in the neighborhood of Novi in Novi, Novi.
What is the average sales price for listings in 43050 Sandstone Drive?
The average sales price for units in 43050 Sandstone Drive is $0 currently.

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