tomo logo

$329,000

Beds
3
Baths
1.0
sq ft
1,356

40920 Malott Dr, Novi, MI 48375

40920 Malott Dr

NoviCity_Oakland, MI 48375

    Welcome to this expansive 3-bedroom ranch home, featuring an open floor plan for a modern, airy feel. The living area includes a natural fireplace, and the updated kitchen is spacious, with ample cabinet storage and modern appliances, all included. Additionally, the home boasts a lovely three-season room offering picturesque views of the large, private, fenced backyard, complete with mature trees. A generous storage room and an attached two-car garage provide added convenience. The home also offers a spacious attic for extra storage. Situated in a peaceful and vibrant neighborhood, residents enjoy seasonal activities organized by a friendly, neighbor-run association with minimal dues. This home is move-in ready and available for immediate occupancy. BATVAI.

    Details

    Property type

    Single Family Residence

    Est. home value

    $288,438

    Lot size

    0.26 acres

    Price per sq ft

    $243

    Year built

    1956

    Annual property taxes

    $3,921

    Monthly HOA fee

    $1.25

    Price History

    03/27/2025
    Realcomp

    Realcomp #20250017982

    Removed
    $329,000
    03/19/2025
    Realcomp

    Realcomp #20250017982

    Listed
    $329,000
    +95.83%
    09/27/2017
    Realcomp

    Realcomp #217062906

    Sold
    $168,000

    Schools & Community

    Elementary school: 

    Unknown

    Middle school: 

    Unknown

    High school: 

    Unknown

    High school district: 

    Novi

    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

    $218,158
    Asking price
    $329,000
    Closing costs (~8% of asking)
    -$26,320
    Est. remaining loan balance
    -$84,522
    Cash to seller
    $218,158

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

    Seller’s Loan History

    Lender

    Independent Bank

    Loan start date

    May 2021

    Original loan amount

    $92,000

    Est. remaining balance

    $84,522

    Interest rate

    3.18%

    Loan type

    New Conventional, 30 year

    Seller

    Kathleen Donna Hawthorne and Kathleen Hawthorne

    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?

    Status: Active

    Tomo last checked: 04/03/2025 at 10:25 PM

    Listing updated: 03/27/2025 at 9:47 AM

    Listed by: Bryan D Gill, Coldwell Banker Town & Country Phone #: (810) 227-1111

    MLS: Realcomp #20250017982

    Realcomp logo

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