2 months on rocket

42518 Park Ridge Rd, Novi, MI, 48375

$389,900

Home List Price

$4,630*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,639 SqFt
$238/SqFt
House

Location

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42518 Park Ridge Rd, Novi$389,900

Buyer Closing Credits

$4,630*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingTwoCarGarage, Attached, DirectAccess
Attached Garage2 spaces
Year Built1973
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
FireplaceFamilyRoom, Gas
MLS #20240078654
Lot Size0.17 Acres
StatusActive

About 42518 Park Ridge Rd

Come view inside this lovely 3 bedroom colonial located in desirable Meadowbrook Glens. Upon entry, you'll be welcomed by a spacious & open floor plan with oak hardwood flooring throughout. Living room has cathedral ceiling and plenty of natural light. From there, it leads to a spacious kitchen offering plenty of cabinets, laminate countertop, double-bowl sink with sprayer faucet and disposal, peninsula with breakfast counter and includes black & stainless-steel appliances. The adjoining dining area has a ceiling fan with light. There is also a 1st floor powder room. Relax in the family room which features a gas fireplace. A sliding door leads to a large deck and partially fenced yard. This setup provides plenty of room for gathering and entertaining guests. Heading upstairs, the staircase has new carpeting and an oak handrail and spindles. On the 2nd floor there is a large primary bedroom with a walk-in closet and access to the hall bath. You will also find two additional bedrooms. The basement is partially finished with hung drywall, glass block windows, full bath, laundry area with utility sink includes washer & dryer and storage room with built-in shelving. Additional features: Professionally painted kitchen, dining, hallway, powder room and bedrooms (10/2024). 6-panel doors. 2 car attached garage with opener, keypad entry and service door to the backyard. Roof (2022). Furnace (2021). Central Air. Hot water tank (2024). HOA fee $60/year covers maintenance of common areas. Immediate occupancy. Novi schools.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1973
  • Living Area: 1,639 SqFt

Listing Office:

  • Office Name: Remerica United Realty
  • Office Phone: (248) 344-1800
  • Listing Agent: Deborah L Johnson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Refrigerator, Microwave, Washer
  • Basement: Yes
  • Interior: ProgrammableThermostat
  • Fireplace: FamilyRoom, Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: TwoCarGarage, Attached, DirectAccess

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Enter west off Meadowbrook onto cherry Hill Rd, right on Highlands Dr, left on Cherry Hill which curves and turns into Park Ridge Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,900
  • Price Per SqFt: $238/SqFt

HOA Fees:

  • Amount: $60
  • Frequency: Annually

Tax Information:

  • Annual Amount: $3,246
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$475K

Med. Price/SqFt

$191

Avg. Days On Market

31

# of Sold Homes

39

42518 Park Ridge Rd vs Novi

66 DAYS ON ROCKET

+35 Days

$389,900

-$85.1K Less

$238/SqFt

+$47 More

KEY TAKEAWAY

This property is $85.1K less than the Median Sold Price and $47/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: #20240078654

Listing Office:

  • Office Name: Remerica United Realty
  • Office Phone: (248) 344-1800
  • Listing Agent: Deborah L Johnson

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: 12/22/2024, 9:21:06 AM 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$3,246$126,250
2018$3,129$110,600
2017$3,077$109,600

History based on county public records data.

Payment Calculator

$2,018

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,235

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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.

Nearby Schools

school-card-donut-939163
6
/10
  • Orchard Hills Elementary School

  • 41900 Quince Dr

  • 0.56 miles

  • Public District Grades KG-4

school-card-donut-939164
7
/10
  • Village Oaks Elementary School

  • 23333 Willowbrook

  • 1.30 miles

  • Public District Grades KG-4

school-card-donut-939165
7
/10
  • Novi Meadows Elementary School

  • 25549 Taft Rd

  • 1.57 miles

  • Public District Grades 5-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,780. The majority of Novi, MI residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 42518 Park Ridge Rd

What is the listing price of this property?

The listing price of 42518 Park Ridge Rd property is $389,900.

What type of property is this?

The property 42518 Park Ridge Rd is a house located in Novi, Michigan, 48375.

Is this property for sale now?

Active Listing: 42518 Park Ridge Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,246 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 42518 Park Ridge Rd has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 42518 Park Ridge Rd is 1,639 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 42518 Park Ridge Rd is 1973.

Rocket Homes›Michigan›Oakland County›Novi›48375›42518 Park Ridge Rd

This home is located at 42518 Park Ridge Rd in Novi, MI and zip code 48375. This 1,639 square foot home, which was built in 1973, sits on a 0.17 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $389,900.

In November 2024 more than 9 listings in Novi, MI were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 23 were sold below. The number of homes for sale in Novi, MI decreased by 18.5% between October 2024 and November 2024. Listings spent 31 days on the market in November 2024, and had a median list price of $475,000 during the same period.

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

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