40636 Village Wood Road
Novi, MI 48375
Single Family Residence · MLS # 81026058388 · Listing courtesy of Richter & Associates, Inc.
About this home
Welcome home to this charming 3-bedroom ranch! This home offers a welcoming ceramic tile foyer, formal living room, and an eat-in kitchen featuring a second fireplace, tile backsplash, kitchen island with granite countertops, and stylish track lighting. The spacious great room features a beautiful wood-burning fireplace, creating the perfect space to relax or entertain. This home offers plenty of additional living space, including a generously sized bonus room. Enjoy the beautifully updated ceramic tile bathroom and laundry room, complete with newer fixtures and an espresso-colored vanity. Laminate flooring runs throughout the home for a clean, cohesive look. Additional highlights include a 2-car attached garage and a fully fenced backyard. Conveniently located west of Haggerty Road and south of 10 Mile Road, this home is a must-see!
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Novi
Over the last 90 days, 143 homes sold in Novi for a median of $480,000, about $190 per square foot, and the typical one went under contract in 11 days. This home is listed at $299,000, or $205 per square foot, 8% above the city median, and has been on the market 8 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Novi sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $4,719 a year. A buyer who lives here would pay about $3,113 to $5,485 a year once the taxable value resets after the sale, at the 2025 homestead rate of 36.32 mills for Novi City and Novi schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate and HOA when listed. Ask us for a lender quote.
Location
Similar homes in Novi
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