#20250013486, Jamey Kramer, Listing office: RE/MAX Classic
$419,900 List price
40309 Franklin Mill St Novi, MI 48375
4 beds
2 full
2,556 sqft
0.3 acres
$164 / sqft
House
Property details
About 40309 Franklin Mill St
Welcome to this exceptionally spacious 4-bedroom, 2-bath bi-level home located in Novi. This well-maintained property offers an ideal layout for comfortable everyday living and entertaining, featuring a bright and inviting living room with a cozy gas fireplace, plus a large family room with a second gas fireplace—perfect for gatherings or relaxing evenings at home. The main level also includes an updated, generously sized kitchen with ample cabinet and counter space, opening to a dining area with views of the backyard. A convenient first-floor laundry/utility room adds function and flexibility. All four bedrooms are nicely sized, offering plenty of closet space and natural light.Roof installes in 2024. Enjoy the neighborhood amenities including a community pool, park, and sidewalks throughout the subdivision. Located within the award-winning Novi School District and just minutes from shopping, dining, and major expressways, this home offers the perfect blend of space, location, and lifestyle.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size2,556 sqft
BasementYes
Lot size0.26 Acres
Year built1975
ParkingTwo Car Garage, Attached, Direct Access, Electricity in Garage, Garage Door Opener
MLS #20251016520
Attached garage2 spaces
FireplaceFamily Room, Gas Fireplace, Living Room
Summary
- Full Bathrooms: 2
- Appliances: Dryer, Electric Range, Refrigerator, Washer
- Basement: Yes
- Fireplace: Family Room, Gas Fireplace, Living Room
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Two Car Garage, Attached, Direct Access, Electricity in Garage, Garage Door Opener
- Architectural Style: Colonial
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $419,900
- Price/SqFt: $164
- HOA Amount: $273 Annually
- Annual Tax Amount: $5,397
- Tax Year: 2023
- Directions: from 10 Mile turn onto Cranbrooke. from Haggerty turn on Franklin Mill
- Year Built: 1975
- Living Area: 2,556 SqFt
- Lot Size: 0.26 Acres
- MLS Number: 20251016520
- MLS Name: Realcomp II Ltd
- Office Name: Century 21 Professionals Livonia
- Office Phone: (734) 464-7111
- Listing Agent: Madhavi Kondapalli
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.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 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: 7/24/2025, 6:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 20, 2021 | Home Sold | $327,000 |
| Sep 10, 2019 | Home Sold | $275,000 |
| Nov 15, 2001 | Home Sold | $205,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $157,710 | $5,397 |
| 2020 | $119,750 | $4,203 |
| 2018 | $105,500 | $4,539 |
| 2017 | $104,950 | $4,471 |
History based on county public records data.
Nearby schools
7
Village Oaks Elementary School
Public District KG-4
0.3 mi
•23333 Willowbrook
6
Orchard Hills Elementary School
Public District KG-4
1.1 mi
•41900 Quince Dr
7
Hillside Elementary School
Public District KG-4
2.1 mi
•36801 W 11 Mile Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $54,820. The majority of Novi, MI residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
27%
<35k
55%
35k-100k
15%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
48%
Single, No Kids
10%
Single, with Kids
21%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
9%
12-17 yrs old
19%
18-34 yrs old
46%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Symphony or Opera
NBA/WNBA
Where do the neighbors shop?
Nordstrom Rack
Chico's
New York & Company
Where do the neighbors go to eat?
Chipotle
Boston Market
Qdoba
What do the neighbors drive?
Mazda
Volvo
Infiniti
What do the neighbors listen to?
Rock
Talk/Personality- Active Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 40309 Franklin Mill St
The listing price of 40309 Franklin Mill St property is $419,900.
The property 40309 Franklin Mill St is a house located in Novi, Michigan, 48375.
Active Listing: 40309 Franklin Mill St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 40309 Franklin Mill St are: Village Oaks Elementary School (GreatSchools Rating 7/10), Orchard Hills Elementary School (GreatSchools Rating 6/10), Hillside Elementary School (GreatSchools Rating 7/10), Meads Mill Middle School (GreatSchools Rating 10/10), Holmes Middle School (GreatSchools Rating 9/10), Farmington Steam Academy (GreatSchools Rating 9/10), Oakland Flextech High School (GreatSchools Rating 4/10), Novi High School (GreatSchools Rating 8/10), Career Preparation (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $5,397 (source: MLS/based on county public records data).
The last sale was on October 20, 2021 for $327,000 (source: MLS/tax record).
The property at 40309 Franklin Mill St has 4 bedrooms and 2 bathrooms.
The property 40309 Franklin Mill St is 2,556 SqFt (source: MLS/tax record).
The year of construction for 40309 Franklin Mill St is 1975.
This home is located at 40309 Franklin Mill St in Novi, MI and zip code 48375. This 2,556 square foot home, which was built in 1975, sits on a 0.26 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 14, 2025 and is currently priced at $419,900.
In June 2025 more than 25 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 21 were sold below. The number of homes for sale in Novi, MI increased by 18.2% between May and June 2025. Listings spent 16 days on the market in June 2025, 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.