14 days on rocket

Sale Pending

40375 Franklin Mill St, Novi, MI, 48375

$399,900

Home List Price

$4,749*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
1,570 SqFt
$255/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

40375 Franklin Mill St, Novi$399,900

Buyer Closing Credits

$4,749*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingAttached
Attached Garage2 spaces
Year Built1974
HeatingNatural Gas, Forced Air
CoolingCeiling Fan(s), Central Air
BasementYes
FireplaceNatural, Family Room
Private PoolYes
MLS #20240023875
Lot Size0.22 Acres
StatusSale Pending
(Pending)

About 40375 Franklin Mill St

Rare opportunity in the highly sought after Village Oaks of Novi! Conveniently located near all of the shopping, dining, and entertainment that Novi has to offer, with the charm of a neighborhood that has parks, community swimming pool, and elementary school within its bounds. The charming façade of this north facing colonial will establish a warm invitation that will stay with you as you tour the home. Enjoy this amazing spring weather sipping coffee on the covered front porch, or watch the kids play in the fenced-in backyard, sitting on your gorgeous cedar deck (2020). Enter the home to tasteful décor throughout, and a layout suitable to any lifestyle. The open kitchen and dining area are both a chef’s and entertainer’s dream. Kitchen features Beautiful white cabinetry throughout, gorgeous tile backsplash, granite counter tops, and SS Appliances. Kitchen opens directly to a large living room on one side and cozy family room on the other. Family room is complete with natural fireplace and door-wall access to the massive backyard. Upstairs you’ll find four generously sized bedrooms and a large updated full bath, while downstairs you'll find a partially finished basement that provides great additional living space or storage. Additional updates include Furnace/AC (2020), Garage Door (2023), and Garage Door Opener (2019). Multiple offers received, highest and best offers due Monday April 22, 2024 9:00am

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1974
  • Stories: 2
  • Living Area: 1,570 SqFt

Listing Office:

  • Office Name: KW Professionals
  • Office Phone: (734) 459-4700
  • Listing Agent: Ryan N Wrathell

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Stainless Steel Appliance(s), Washer
  • Basement: Yes
  • Fireplace: Natural, Family Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Club House, Pool – Community, Pool - Inground

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Ceiling Fan(s), Central Air

School Info

Assigned Schools Information:

  • Novi High School, Public Magnet Grades EE-12
  • Novi Middle School, Public Magnet Grades 7-8
  • Village Oaks Elementary School, Public Magnet Grades KG-4
  • Novi Meadows Elementary School, Public Magnet Grades EE-6

Other

Directions Information:

  • Directions: Take 10 Mile to Cranbrooke Dr. Turn right on Franklin Mill

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,900
  • Price Per SqFt: $255/SqFt

HOA Fees:

  • Amount: $310
  • Frequency: Annually

Tax Information:

  • Annual Amount: $4,431
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Novi, MI.

Map thumbnail provided by MapBox

Novi, MI

City

Med. Sold Price

$432.1K

Med. Price/SqFt

$217

Avg. Days On Market

20

# of Sold Homes

38

40375 Franklin Mill St vs Novi

14 DAYS ON ROCKET

-6 Days

$399,900

-$32.2K Less

$255/SqFt

+$38 More

KEY TAKEAWAY

This property is $32.2K less than the Median Sold Price and $38/SqFt more than other homes in Novi, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240023875

Listing Office:

  • Office Name: KW Professionals
  • Office Phone: (734) 459-4700
  • Listing Agent: Ryan N Wrathell

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 9:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 01, 2018Home Sold
$259,900
Oct 01, 2015Home Sold
$226,500
Dec 20, 2000Home Sold
$214,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,431$116,250
2018$4,017$106,250
2017$3,951$105,700

History based on county public records data.

Payment Calculator

$2,088

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,265

Powered By

Rocket Mortgage

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3359834
7
/10

  • Village Oaks Elementary School

  • 23333 Willowbrook

  • 0.23 miles

  • Public Magnet Grades KG-4

school-card-donut-3359835
8
/10

  • Novi Meadows Elementary School

  • 25549 Taft Rd

  • 2.88 miles

  • Public Magnet Grades EE-6

Middle School

school-card-donut-3359836
8
/10

  • Novi Middle School

  • 49000 W 11 Mile Rd

  • 4.77 miles

  • Public Magnet Grades 7-8

High School

school-card-donut-3359837
8
/10

  • Novi High School

  • 24062 Taft Rd

  • 2.52 miles

  • Public Magnet Grades EE-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,820. Typical income of Novi, MI residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40375 Franklin Mill St

What is the listing price of this property?

The listing price of 40375 Franklin Mill St property is $399,900.

What type of property is this?

The property 40375 Franklin Mill St is a house located in Novi, Michigan, 48375.

Is this property for sale now?

Sale Pending: 40375 Franklin Mill St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 40375 Franklin Mill St are:
Village Oaks Elementary School: GreatSchools Rating 7/10
Novi Meadows Elementary School: GreatSchools Rating 8/10
Novi Middle School: GreatSchools Rating 8/10
Novi High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,431 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 1, 2018 for $259,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 40375 Franklin Mill St has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 40375 Franklin Mill St is 1,570 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40375 Franklin Mill St is 1974.

Rocket Homes›Michigan›Oakland County›Novi›48375›40375 Franklin Mill St

This home is located at 40375 Franklin Mill St in Novi, MI and zip code 48375. This 1,570 square foot home, which was built in 1974, sits on a 0.22 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $399,900.

Novi, MI housing market in March 2024 saw over 20 listings sold above listed price, more than 6 sold at listed price and over 12 sold below. In March 2024 in Novi, MI there were 2.9% more homes for sale than in February 2024. In March 2024 median list price was $432,142 and the average listing age was 20 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources