5 months on rocket

49588 Villa Dr, Novi, MI, 48374

$1,695,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
3,500 SqFt
$484/SqFt
House
Schools Nearby

Location

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49588 Villa Dr, Novi$1,695,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDirect Access, Electricity, Door Opener, Side Entrance, Attached
Attached Garage3 spaces
Year BuiltNew Const., 2024
HeatingNatural Gas, Forced Air, Zoned
BasementYes
FireplaceGas, Great Room
MLS #20230099901
Lot Size0.20 Acres
StatusActive

About 49588 Villa Dr

TERRA is an Award winning luxury gated ranch home community in Novi. NEW HOME to be constructed. Terra has been awarded development of the year by the Home Builders Association of Southeast Michigan. All 40 ranch homes in Terra are custom built with designs inspired by legendary architect Frank Lloyd Wright. Terra is surrounded by 300 acres of protected woodlands and offers you the feeling of living in northern Michigan with access to entertainment, shopping, dining, healthcare and more. Terra is connected to a 4.6 mile walking, cycling and jogging path. Enjoy the lifestyle. Included in prices are upgrades such as 3 car garage, covered Lanai, Daylight Construction pkg. and Landscaping. NOTE: Photos shown in listing are of Model Home and show many extras and upgrades including furniture that are not included in sale.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, Prairie
  • Year Built: 2024
  • Stories: 1
  • Living Area: 3,500 SqFt

Listing Office:

  • Office Name: Kirkwood Realty, LLC
  • Office Phone: (248) 417-8394
  • Listing Agent: Sheldon M Rott

Interior Features

Interior Information:

  • Appliances: Electric Oven, Refrigerator, Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Self Cleaning Oven, Stainless Steel Appliance(s)
  • Basement: Yes
  • Interior: Security Alarm (owned), Furnished - No
  • Fireplace: Gas, Great Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Grounds Maintenance, Lighting

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Direct Access, Electricity, Door Opener, Side Entrance, Attached

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Zoned

School Info

Assigned Schools Information:

  • Northville High School, Public District Grades 9-12
  • Hillside Middle School, Public District Grades 6-8
  • Thornton Creek Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Take 8 Mile Rd. west from Beck and turn north onto Garfield. Take Garfield I mile to Terra entrance.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,695,000
  • Price Per SqFt: $484/SqFt

HOA Fees:

  • Amount: $475
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $308
  • Tax Year: 2020
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Housing Market Comparison

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

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Novi, MI

City

Med. Sold Price

$432.1K

Med. Price/SqFt

$217

Avg. Days On Market

20

# of Sold Homes

38

49588 Villa Dr vs Novi

151 DAYS ON ROCKET

+131 Days

$1,695,000

+$1.2M More

$484/SqFt

+$267 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $267/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: #20230099901

Listing Office:

  • Office Name: Kirkwood Realty, LLC
  • Office Phone: (248) 417-8394
  • Listing Agent: Sheldon M Rott

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: 4/27/2024, 1:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$308$49,500

History based on county public records data.

Payment Calculator

$9,002

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,148

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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-1286259
9
/10

  • Thornton Creek Elementary School

  • 46180 W 9 Mile Rd

  • 1.87 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1286260
9
/10

  • Hillside Middle School

  • 775 N Center St

  • 2.82 miles

  • Public District Grades 6-8

High School

school-card-donut-1286261
10
/10

  • Northville High School

  • 45700 6 Mile Rd

  • 3.63 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $164,740. Most Novi, MI residents have annual incomes $200k+. Residents typically live in married, with kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 49588 Villa Dr

What is the listing price of this property?

The listing price of 49588 Villa Dr property is $1,695,000.

What type of property is this?

The property 49588 Villa Dr is a house located in Novi, Michigan, 48374.

Is this property for sale now?

Active Listing: 49588 Villa Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 49588 Villa Dr are:
Thornton Creek Elementary School: GreatSchools Rating 9/10
Hillside Middle School: GreatSchools Rating 9/10
Northville High School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $308 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 49588 Villa Dr has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 49588 Villa Dr is 3,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 49588 Villa Dr is 2024.

Rocket Homes›Michigan›Oakland County›Novi›48374›49588 Villa Dr

This home is located at 49588 Villa Dr in Novi, MI and zip code 48374. This 3,500 square foot home, which was built in 2024, sits on a 0.20 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 27, 2023 and is currently priced at $1,695,000.

While more than 20 listings in Novi, MI in March 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 12 were sold below. Between February 2024 and March 2024, Novi, MI real estate market has seen increase in the number of listings by 2.9%. In March 2024, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $432,142.

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

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