tomo logo

$320,000

Beds
3
Baths
2.0
sq ft
1,972

24040 Napier Rd, Novi, MI 48374

24040 Napier Rd

NoviCity_Oakland, MI 48374

  • Pending
Charming Country Living in the Heart of Novi! Welcome to your new home, perfectly nestled on a serene 1.16-acre lot, offering the tranquility of country living with the convenience of city amenities. This inviting property features three spacious bedrooms and two full baths, perfect for both relaxation and entertaining. The heart of the home boasts a kitchen with a door wall leading to a large deck, ideal for enjoying your morning coffee or hosting summer barbecues. The deck overlooks your expansive backyard, providing endless possibilities for gardening, recreation, or simply soaking in the natural beauty. One of the highlights of this gem is the detached garage, accommodating up to four cars with its two-car entry, offering ample space for vehicles, a workshop, or storage. The interior invites you to envision the future, with an unfinished basement eagerly waiting for your creativity to transform it into the perfect space for a home gym, recreation room, or additional living space. Families will appreciate the award-winning South Lyon School District, ensuring top-notch education and community for your loved ones. Don't miss this opportunity to own a slice of paradise, where country charm meets city living in Novi. Property is sold as an as-is sale. Schedule your private tour today! Buyer backed out prior to closing, their loss your gain. Schedule your showing today as this is your time!

Details

Property type

Single Family Residence

Est. home value

$417,745

Lot size

1.16 acres

Price per sq ft

$163

Year built

1990

Annual property taxes

$4,550

HOA

No

Price History

03/25/2025
Realcomp

Realcomp #20240087123

Removed
$320,000
02/28/2025
Realcomp

Realcomp #20240087123

Pending
$320,000
02/27/2025
Realcomp

Realcomp #20240087123

Pending
$320,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

SouthLyon

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$274,959
Asking price
$320,000
Closing costs (~8% of asking)
-$25,600
Est. remaining loan balance
-$19,441
Cash to seller
$274,959

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

July 2009

Original loan amount

$62,000

Est. remaining balance

$19,441

Interest rate

5.29%

Loan type

New Conventional, 20 year

Seller

Frances M Ferguson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Pending/Under Contract

Tomo last checked: 04/02/2025 at 4:35 AM

Listing updated: 03/25/2025 at 9:15 AM

Listed by: Susan M Weis, EXP Realty Main Phone #: (888) 501-7085

MLS: Realcomp #20240087123

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