$5,047 Closing Credit¹
#81025016281, Colleen Levitt, Listing Office: Good Company Realty
$399,000 List price
40521 Franklin Mill St Novi, MI 48375
$4,738
Closing credit¹
3 beds
1 full, 1 partial
1,964 sqft
0.3 acres
$203 / sqft
House
Property details
About 40521 Franklin Mill St
*****Multiple Offers Received.. OFFER DEADLINE Sunday 4/27 at 1:00 pm. ***** Open house canceled for Sunday 4/27. Looking for a house in the highly top rated school district of Novi, close to all the modern amenities and freeway access? This beautifully updated ranch with three bedrooms and one and a half bathrooms is a perfect place to call home. The open concept kitchen, dining, and living room boasts beautiful granite countertops, updated cabinetry, and statement fireplace. This beautiful space is the perfect place to entertain, especially with sliding door access to a very private back patio. The impeccably partially finished basement also offers additional living space, plus tons of storage. This home has a newer roof, newer furnace, newer water heater, and is perfectly move in ready! The HOA includes access to a community pool and playground, and is walking distance to the nearest elementary school. This house won’t last, so book your showing today, and call this Novi Ranch your new home.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusSale Pending
(Pending)
(Pending)
CoolingCentral Air
Size1,964 sqft
BasementYes
Lot size0.26 Acres
Year built1975
ParkingTwo Car Garage, Attached
MLS #20250027090
Attached garage2 spaces
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Microwave, Washer
- Basement: Yes
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Two Car Garage, Attached
- Architectural Style: Ranch
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $399,000
- Price/SqFt: $203
- HOA Amount: $26
- HOA Frequency: Annually
- Annual Tax Amount: $3,745
- Tax Year: 2023
- Directions: N of Village Wood Dr / W of Cranbrook Dr
- Year Built: 1975
- Living Area: 1,964 SqFt
- Lot Size: 0.26 Acres
- MLS Number: 20250027090
- MLS Name: Realcomp II Ltd
- Office Name: Keller Williams Advantage
- Office Phone: (248) 380-8800
- Listing Agent: Kate DeCavitte
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: 4/29/2025, 9:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$399,000
40521 Franklin Mill St
$4,738
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $149,060 | $3,745 |
| 2020 | $129,350 | $2,904 |
| 2018 | $121,400 | $3,424 |
| 2017 | $120,850 | $3,367 |
History based on county public records data.
Nearby schools
7
Village Oaks Elementary School
Public District KG-4
0.1 mi
•23333 Willowbrook
6
Orchard Hills Elementary School
Public District KG-4
0.9 mi
•41900 Quince Dr
7
Hillside Elementary School
Public District KG-4
2.2 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. Most Novi, MI residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
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 40521 Franklin Mill St
The listing price of 40521 Franklin Mill St property is $399,000.
The property 40521 Franklin Mill St is a house located in Novi, Michigan, 48375.
Sale Pending: 40521 Franklin Mill St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
The nearby schools for 40521 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 $3,745 (source: MLS/based on county public records data).
The property at 40521 Franklin Mill St has 3 bedrooms and 1 full and 1 half bathrooms.
The property 40521 Franklin Mill St is 1,964 SqFt (source: MLS/tax record).
The year of construction for 40521 Franklin Mill St is 1975.
This home is located at 40521 Franklin Mill St in Novi, MI and zip code 48375. This 1,964 square foot home, which was built in 1975, sits on a 0.26 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $399,000.
Over 20 listings were sold over their listed price in March 2025 in Novi, MI. In the same period over 14 listings were sold below the listed price and 2 listings were sold for the listed price. The number of homes for sale in Novi, MI increased by 19.1% between February and March 2025. The median list price of listings available in March 2025 was $478,690, while the average time on the real estate market was 18 days.
From Rocket Homes Real Estate and based on county public records data.