tomo logo

$795,000

Beds
5
Baths
3.0
sq ft
3,474

41121 Fourteen Mile Rd, Novi, MI 48377

41121 Fourteen Mile Rd

NoviCity_Oakland, MI 48377

    A completely rehabbed 5-bedroom, 3 full bath home on 5 acres in Novi. Ready for any number of possible uses under its R4 and Additional Special Purposes Zoning qualifications. A starter home with 5 developable acres to develop a future family compound for 5 + additional larger SFR homes through a condominium plating. Co-develop up to 11 multi-storied detached condominiums (3+ with walkouts. Start a Church, Synagogue, Mosque, Temple or similar place of worship in the 3500 sq ft. home and develop a faith-based campus with a new worship center, school and adult daycare facility: All available through zoning board approval under the Special Purposes Zoning ordinances in Novi. It's your palette to work with. Review the pictures, walk the land and decide.

    Details

    Property type

    Single Family Residence

    Est. home value

    $599,672

    Lot size

    5.00 acres

    Price per sq ft

    $229

    Year built

    1905

    Annual property taxes

    $14,748

    HOA

    No

    Price History

    03/12/2025
    Realcomp

    Realcomp #20250008022

    Listed
    $795,000
    +6%
    06/20/2024
    Realcomp

    Realcomp #20230099361

    Removed
    $750,000
    06/17/2024
    Realcomp

    Realcomp #20230099361

    Price change
    $750,000
    -50%

    Schools & Community

    Elementary school: 

    Unknown

    Middle school: 

    Unknown

    High school: 

    Unknown

    Community features: 

    Curbs, Sidewalks

    High school district: 

    WalledLake

    Seller’s Loan History

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

    Lender

    Bnc Mortgage Inc

    Loan start date

    April 2005

    Original loan amount

    $374,100

    Est. remaining balance

    Not provided

    Interest rate

    10.7%

    Loan type

    Fannie Mae/Freddie Mac, 30 year

    Seller

    Robert E Shapiro

    Lender

    Ross Mortgage Corp

    Loan start date

    July 2004

    Original loan amount

    $292,000

    Est. remaining balance

    Not provided

    Interest rate

    6.12%

    Loan type

    Not Provided, 30 year

    Seller

    Robert E Shapiro

    Lender

    Ross Mortgage Corp

    Loan start date

    November 2003

    Original loan amount

    $287,000

    Est. remaining balance

    $139,089

    Interest rate

    5.98%

    Loan type

    Not Provided, 30 year

    Seller

    Robert E Shapiro

    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: Active

    Tomo last checked: 04/02/2025 at 5:25 AM

    Listing updated: 03/25/2025 at 9:16 AM

    Listed by: John H Scott, RE/MAX Eclipse Phone #: (248) 792-2621

    MLS: Realcomp #20250008022

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