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Sold on 03/14/2016
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40407 Franklin Ml, Novi, MI 48375

$430,000

Last sold 03/14/2016 for $238K

  • 4

    bed

  • 3

    bath

  • 1,570

    Sqft ($152/Sqft)

House not for sale
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About 40407 Franklin Ml

Property type House
Neighborhood
Year built 1974
HOA fee $20/month
Lot size 10,019 Sqft
Movoto estimate
Parking 2 garage spaces
Property description
This 4-bedroom, 2.5-bathroom single-family home is located at 40407 Franklin Ml, Novi, MI, 48375 in Oakland County and was built in 1974. This home offers 1,570 square feet of living space on a 10,019 sq ft (0.23-acre) lot. Parking includes a 2-car garage. It last sold for $238,000 on 2016-03-14. The estimated market value is $430,000, approximately $274 per square foot.
Overview
Heating Forced Air, Natural Gas
Levels/Style Colonial
Status IGNORED
HOA Fee 245, Yearly
Type Single Family
SqFt (Finished) 2070
Lot Size (Acres) 0.23
Total Tax Amount 2824
Year Built 1974
Interior
# of Full Baths 2
# of Half Baths 1
Basement Finished
Interior Features Cable/Internet Avail.
Exterior
Foundation Basement
# of Garage Spaces 2
Amenities / Utilities
Water Heater Gas
HOA Amenities Club House Included, Club House
Location
County Novi (63272)
Subdivision FAIRFIELD FARMS SUB
Zoning Oakland Novi
$430K
Range: $382K-$477K
Last 30 days 
  • Sep 2026
  • Sep 24, 2026 Delisted
    $238,000
  • Mar 8, 2016 Listed
    $244,900 (+4.2%)
  • May 2016
    Public Records
  • May 2, 2016 Sold
    $238,000 (-2.8%)
  • Apr 2016
  • Apr 27, 2016 Sold
    —
  • Mar 14, 2016 Pending
    —
  • Mar 9, 2016 Listed
    $244,900
  • Mar 8, 2016 Listed
    $244,900
  • Dec 2003
    Public Records
  • Dec 16, 2003 Sold
    $235,000
  • Year Property taxes Tax assessment
  • 2023
    $4,605 +8.2%
    $150,390
  • 2022
    $4,258 +1.9%
    $150,390 +26.91%
  • 2021
    $4,178 -4.1%
    $118,500
  • 2020
    $4,357 +46.9%
    $118,500 +33.37%
  • 2016
    $2,966
    $88,850
  • 40407 Franklin Ml
    $238K
  • Novi (63272)
    —
  • 48375
    $439K -11% y/y
  • Novi
    $482K -3% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
40391 Franklin Mill St, Novi, MI 48375 $421,000 4/2 1,734 0.01
40423 Franklin Mill St, Novi, MI 48375 $438,000 4/1 1,570 0.02
40375 Franklin Mill St, Novi, MI 48375 $432,000 4/1 1,570 0.03
40406 Guilford, Novi, MI 48375 $414,000 3/1 1,484 0.03
40408 Franklin Mill St, Novi, MI 48375 $469,000 —/2 1,895 0.03
40390 Guilford, Novi, MI 48375 $475,000 —/1 1,748 0.03
40439 Franklin Mill St, Novi, MI 48375 $417,000 —/1 1,484 0.03
40392 Franklin Mill St, Novi, MI 48375 $497,000 4/2 2,124 0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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7/10
Village Oaks Elementary School
public Grades K-4
Novi Community School District
7/10
Novi Middle School
public Grades 5-8
Novi Community School District
8/10
Novi High School
public Grades 8-12
Novi Community School District
Source: GreatSchools.org © 2026. All rights reserved.

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