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45022 Paine Drive

45022 Paine Drive, Novi, MI 48377
Property in Novi
Sold Sep 22, 2017
$420,000
$242,000 by A Best Financial Corporation
Mortgage Due Nov 01, 2031
Sold Sep 29, 2005
$142,500
45022 Paine 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 2005 and is 19 years old. 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, 45022 Paine Drive has 2,597 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 5,059 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. There is a single fireplace in the home. Perfect for those wintery nights. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Sep 15, 2017 for $420,000. That's $161.73 per sqft. Prior to that sales transaction, the property was also sold in Aug 24, 2005 for $142,500. 45022 Paine Drive was last assessed in 2023. The total value of the property was assessed at $219,610. 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 $7,419. 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. 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: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • 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: 5,059
  • Total Building Area: 2,597
  • Building Area: 2,597
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,597
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LIBERTY PARK
  • Land Acres: 0.116
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: T1N, R8E, SEC 1OAKLAND COUNTYCONDOMINIUM PLAN NO 1703LIBERTY PARKUNIT 21L 34747 P 7511-12-05 FR 300-030

Ownership

  • Current Owner : CHEN LINSHENG
  • Current Owner 2: HE LI
  • Previous Owner : GARIMELLA HARIKRISHNA
  • Previous Owner 2: GARIMELLA MAMTHA KARAYAT
  • Owner Before Previous Owner: PULTE LAND CO LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Novi Community School District
  • School Tax School District: 63100
  • Census Tract: 136101

Zoning

  • Zoning: R-A

Geography

  • District: 50
  • Section: 1O
  • Parcel: 50-22-10-301-021
  • Meridian: SEC 10 TWN 1N RNG 8E
  • Municipality: NOVI CITY
  • Latitude: 42.4966
  • Longitude: -83.4943

    Address

  • Full Address: 45022 Paine Dr
  • Legal Unit: 21
  • Address - House Number: 45022
  • Address - Street Name: Paine
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Novi
  • Carrier Code: R075
  • 4-Digit Zip Code: 2541
  • Zip Code: 48377

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,419

    Appraisal Valuation

  • Standard Deviation: 0.1766
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 77
  • Final Value: 549,702
  • High Value: 646,804
  • Low Value: 452,599

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $242,000
  • First Open Lien Mortgage Lender: A BEST FINANCIAL CORPORATION
  • First Open Lien Mortgage Recording Date: Nov 01, 2021
  • First Open Lien Mortgage Loan Amount: $242,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2031

    Market Valuation

  • Market Total Value: $439,220

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $219,610

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 15, 2017
  • Current Sale Recording Date: Sep 22, 2017
  • Current Sale Transaction ID: 1736517104
  • Current Sale Price: $420,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 177228
  • Previous Sale Recording Date: Sep 29, 2005
  • Previous Sale Contract Date: Aug 24, 2005
  • Previous Sale Amount: $142,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: A BEST FINANCIAL CORP
  • First Mortgage Transaction Date: Sep 22, 2017
  • First Mortgage Loan Amount: $310,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2032

About Novi



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Frequently Asked Questions

What neighborhood is 45022 Paine Drive located in?
The 45022 Paine Drive is a located in the neighborhood of Novi in Novi, Novi.
What is the average sales price for listings in 45022 Paine Drive?
The average sales price for units in 45022 Paine Drive is $0 currently.

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