Rare waterfront ranch for sale in Novi! This 3 bedroom & 1.5 bath home has plenty of potential. The garage door, roof and water have been recently replaced. The home has Wallside Windows installed throughout. There is an attached 2 car garage. There is a backyard patio with a gorgeous view of Village Oaks Lake. This home is located within the highly acclaimed Novi School District.
Single-familyProperty Type
1973Year Built
0.28 acresLot Size
$262Est. Price/Sq.Ft.
2 car garageParking
Listed by James DiMora• Keller Williams Advantage
•248-380-8800 (broker)
•klrw140@kw.com (broker)
Bought with Mustafa Gardi• WEICHERT, REALTORS®-Select
Rare waterfront ranch for sale in Novi! This 3 bedroom & 1.5 bath home has plenty of potential. The garage door, roof and water have been recently replaced. The home has Wallside Windows installed throughout. There is an attached 2 car garage. There is a backyard patio with a gorgeous view of Village Oaks Lake. This home is located within the highly acclaimed Novi School District.
REALCOMP #217016399
Mar 30, 2017
Sold
$238,971
$161/sq ft
Mar 10, 2017
Pending
—
Mar 3, 2017
Listed
$225,000
$152/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,942 (+3.4%)
2024
$5,746 (+5.6%)
2023
$5,441 (+4.8%)
2022
$5,193 (+5.2%)
2021
$4,934 (−4.4%)
2020
$5,161 (+1.0%)
2019
$5,110 (+1.1%)
2018
$5,054 (+30.2%)
2017
$3,882 (+0.4%)
2016
$3,867 (+3.5%)
2015
$3,736 (+1.0%)
2014
$3,698 (+1.2%)
2013
$3,655
Tax history for 40621 VILLAGE WOOD Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,942 (+3.4%)
2024
$5,746 (+5.6%)
2023
$5,441 (+4.8%)
2022
$5,193 (+5.2%)
2021
$4,934 (−4.4%)
2020
$5,161 (+1.0%)
2019
$5,110 (+1.1%)
2018
$5,054 (+30.2%)
2017
$3,882 (+0.4%)
2016
$3,867 (+3.5%)
2015
$3,736 (+1.0%)
2014
$3,698 (+1.2%)
2013
$3,655
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.28 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Single Family Residential
County
Oakland County
APN
502225327003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 8, 2026.
R-3
One-Family Residential District
The R-3, One-Family Residential district is intended to provide for an environment of predominantly lowdensity, one-family detached dwellings along with other residentially related facilities which serve the residents in the district.
Permitted uses
Include but are not limited to:
Equestrian facility
Greenhouse / nursery
Housing-Single unit
Recreation
Park & open space
Property details
Parking
Parking/Garage Information
Has Garage
# of Parking Spaces in Garage: 2
Garage Type: Attached Garage, Direct Access
Interior
Interior Features
Has Fireplace
# of Rooms (Total): 8
Interior Features: Cable/Internet Avail., Dsl Available
Appliances: Disposal, Range/Oven, Refrigerator
Has Fireplace
Fireplace Features: Family Room Fireplace
Bathroom Information
# of Lavatories: 1
# of Bathrooms (Full): 1
# of Baths/Lavatories (Total): 2
Laundry/Basement Information
Basement : Has Basement
Basement Type: Unfinished
Exterior
Exterior Features
Exterior Construction: Brick
Exterior Features: Patio, Porch
Foundation Type: Basement
Property Features
On Waterfront
Water Features: Lake Frontage
Lake Name: Village Oaks Lake
Property Information
Property Type: Residential
Structure Style: 1 Story
Year Built: 1973
Below Grade Sq. Ft.: 1264
Lot Information
Lot Size: 108.38126
Land Information
Land Contract: No
Acreage: 0.28
Roads: Paved Street
Frontage: 108
Financial
Tax/Assessments Information
Total Tax Amount: $3,709
Summer Tax Amount: $3,043
Winter Tax Amount: $666
Utilities
Utility Information
Heat/Fuel Type: Natural Gas
Heating System: Forced Air
Location
Unit 5 Information
Living Room Dimensions: L=1484
Homeowners Association Information
Has Association Fee
Fee Amount: $312
Fee Schedule: Yearly
School Information
School District: Novi Community School District
School District: Novi Community School District
Address Information
Street Designation: Road
Location Details
Directions: Take 9 Mile East Of Meadowbrook, Turn Left Onto Cranbrook Drive & Another Left Onto Village Wood
Municipality Type: City
Municipality: Novi
Mail City: Novi
Subdivision: HEATHERWOODE SUB
Municipality: Novi
Area (Municipality): Novi (63272)
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.28 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Oakland County
APN: 502225327003
Home facts updated by county records on Oct 8, 2026
Other
Listing Information
Originating MLS: RealComp
No
Around this home
Schools
Village Oaks Elementary School
Public K-4 • Assigned • 0.1mi
10/10
Novi High School
Public 8-12 • Assigned • 2.3mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 97° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Novi, MI • 48375 4467
Average low and high temperatures (°F)
27
15
34
19
52
31
61
40
68
48
81
60
86
66
80
60
77
54
66
45
49
36
36
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 2.7 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
2.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$371,000 – $448,000
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