Welcome to this charming 3-bedroom, 1.5-bath colonial in the highly sought-after Fairfield Farms community! Nestled on nearly a 1/4 acre lot, this spacious home offers approximately 1,800 sq. ft. of living space with brand-new carpet throughout.Enjoy the convenience of being within walking distance to the Village Oaks Clubhouse, featuring two pools, a lake with a beachfront, and Village Oaks Elementary School. Located close to major freeways, shopping, parks, and hospitals, this home offers the perfect balance of comfort and convenience.All of this, plus access to Novi’s award-winning schools, makes this a must-see!
Sold for $475,000 on 03/20/25
$475,000
40241 Oak Tree Rd, Novi, MI 48375
3beds
2,101sqft
Single Family Residence
Built in 1975
10,018.8 Square Feet Lot
$488,300 Zestimate®
$226/sqft
$2,534 Estimated rent
Home value
$488,300
$459,000 - $522,000
$2,534/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 06, 2025 at 10:00am
Listed by:
Robert Torrey 248-480-8400,
Real Broker LLC Bloomfield
Bought with:
Bradford K Dilley, 6501248276
National Realty Centers, Inc
Source: Realcomp II,MLS#: 20250010898
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Forced Air, Natural Gas
Appliances
- Included: Dishwasher, Dryer, Free Standing Gas Range, Free Standing Refrigerator, Washer
Features
- Basement: Partially Finished
- Has fireplace: Yes
- Fireplace features: Family Room
Interior area
- Total interior livable area: 2,101 sqft
- Finished area above ground: 1,816
- Finished area below ground: 285
Property
Parking
- Total spaces: 2
- Parking features: Two Car Garage, Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: GroundLevel
- Pool features: None
Lot
- Size: 10,018 sqft
- Dimensions: 80.00 x 125.00
Details
- Parcel number: 2225251008
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Brick, Other
- Foundation: Basement, Poured
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1975
- Major remodel year: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Novi
- Subdivision: FAIRFIELD FARMS SUB
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $315 annually
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Va Loan
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2025 | Sold | $475,000+5.6%$226/sqft |
Source:  Realcomp II #20250010898 | ||
| 3/6/2025 | Pending sale | $450,000$214/sqft |
Source: Realcomp II #20250010898 | ||
| 2/27/2025 | Listed for sale | $450,000+100.9%$214/sqft |
Source: Realcomp II #20250010898 | ||
| 9/19/2001 | Sold | $224,000+43.6%$107/sqft |
Source: Public Record | ||
| 5/8/1995 | Sold | $156,000$74/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $182,020 +8.1% |
| 2023 | -- | $168,450 +8.3% |
| 2022 | -- | $155,600 +9% |
Find assessor info on the county website
Neighborhood: 48375
Nearby schools
GreatSchools rating
- 8/10Village Oaks Elementary SchoolGrades: K-4Distance: 0.2 mi
- 10/10Novi High SchoolGrades: 8-12Distance: 2.5 mi
- 8/10Novi Meadows SchoolGrades: PK,5-6Distance: 2.9 mi
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Estimated market value
$488,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$488,300