50940 Park Place Drive
Northville, MI 48167
Single Family Residence · MLS # 20261060097 · Listing courtesy of Elegant Homes Realty
About this home
Welcome to 50940 Park Place.Dr. Located in a desirable Novi neighborhood with award winning Northville School, this Luxury and well maintained home has much to offer inside and out. Nestled on a huge 1.23 acre corner lot. Featuring an attractive and spacious floor plan with a beautiful great room leading into a thoughtfully designed kitchen, 4 generous sized bedrooms with the primary fit for a king and queen., 3.1 baths, finished basement with wet bar perfect for entertaining family and friends. Ample storage throughout. An attached 3 car garage providing secure parking and storage, and a patio, offering an inviting outdoor extension of the living space. Updates include Newer tile and carpet, Fridge 2021, washer and dryer 2023, oven 2024, Dishwasher, 2022, New well pump 2023, New water filtration system 2024.. All new light fixtures inside and outside the house 2024. This home is a much see to appreciate. Wall mounted Entertainment System, TV mount and Cabinet in laundry room are excluded from sale.
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Northville
Over the last 90 days, 194 homes sold in Northville for a median of $637,000, about $222 per square foot, and the typical one went under contract in 17 days. This home is listed at $949,900, or $185 per square foot, 17% below the city median, and has been on the market 68 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Northville sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $13,123 a year. A buyer who lives here would pay about $13,213 to $16,559 a year once the taxable value resets after the sale, at the 2025 homestead rate of 34.52 mills for Novi City and Northville 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 Northville
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