This is an exceptional opportunity to acquire a prime site with fully approved architectural plans and complete city endorsements from Novi. Take advantage of this ready-to-go project, ideal for a medical office, commercial office building, or a variety of other uses. The seller has all necessary documentation in place to move forward. Serious inquiries only—please contact the listing agent for access to the full set of plans and approvals. Act now and make this your next successful investment!
Property Details
Property Features
Listing Office:
Office Name: Community Choice Realty Inc
Office Phone: (248) 729-0011
Listing Agent: Ayman Alamat
Interior Features
Interior Information:
Basement: No
Exterior Features
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot Size: 0.42 Acres
Other
Directions Information:
Directions: East of Novi Road, South of 14-mile Road.
Price Information
Listing Price Info
Price Summary:
List Price: $349,900
What can I afford?
Understand what home price range makes sense for your budget.
This property is $125.1K less than the Median Sold Price in Novi, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240093090
Listing Office:
Office Name: Community Choice Realty Inc
Office Phone: (248) 729-0011
Listing Agent: Ayman Alamat
Disclaimer: 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.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,814
Per Month
Principal & Interest
$1,747
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,116
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Hickory Woods Elementary School
30655 Novi Rd
Distance between this listing and this school0.30 miles
Public District Grades KG-5
4
/10
Meadowbrook Elementary School
29200 Meadowbrook Rd
Distance between this listing and this school1.26 miles
Public District Grades KG-5
6
/10
Walled Lake Elementary School
1055 W West Maple Rd
Distance between this listing and this school1.49 miles
Public District Grades PK-5
Nearby Schools
5
/10
James R. Geisler Middle School
46720 W Pontiac Trl
Distance between this listing and this school2.14 miles
Public District Grades 6-8
6
/10
Walnut Creek Middle School
7601 Walnut Lake Rd
Distance between this listing and this school2.74 miles
Public District Grades 6-8
7
/10
Sarah G. Banks Middle School
1760 Charms Rd
Distance between this listing and this school4.19 miles
Public District Grades 6-8
Nearby Schools
7
/10
Walled Lake Western High School
600 Beck Rd
Distance between this listing and this school2.49 miles
Public District Grades 9-12
6
/10
Walled Lake Central High School
1600 E Oakley Park Rd
Distance between this listing and this school3.05 miles
Public District Grades 9-12
4
/10
Career Preparation
25345 Taft Rd
Distance between this listing and this school3.67 miles
The neighbors living near this home have an average income of $71,915. The majority of Novi, MI residents have income between $35k-100k annually. Residents typically live in single, no 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 31074 Novi Rd
What is the listing price of this property?
The listing price of 31074 Novi Rd property is $349,900.
What type of property is this?
The property 31074 Novi Rd is land located in Novi, Michigan, 48377.
Is this property for sale now?
Active Listing: 31074 Novi Rd is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 31074 Novi Rd in Novi, MI and zip code 48377. This home sits on a 0.42 acre lot. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $349,900.
While more than 9 listings in Novi, MI in November 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 23 were sold below. The number of listings in Novi, MI decreased by 18.5% between October 2024 and November 2024. The median list price of listings available in November 2024 was $475,000, while the average time on the real estate market was 31 days.
From Rocket Homes Real Estate and based on county public records data.