40241 Oak Tree

Sold 3/20/25
Sold 3/20/25
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Sold
Last Sold Price
$475,000
3 beds2,101 sqft

40241 Oak Tree, Novi, MI 48375

Single FamilyProperty Type
0.23 acresLot Size
1975Year Built
$226/sq ftPrice per sq ft
$315/yrHOA Fees
2 carsParking Spaces

Description

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...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!
  • Listed by: Robert Torrey 248.480.8400 roberttorrey@gmail.com Brokerage DRE #650543149707 • Real Broker LLC Bloomfield
Listing closed: 03/20/2025 12:00 AM • Source: Realcomp, MLS#: 20250010898
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Location

Listing Courtesy of Real Broker LLC Bloomfield

Sold By National Realty Centers, Inc

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$2,875 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,536

Property Taxes

$313

HOA Dues

$26

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Property Information for 40241 Oak Tree

Property Details

  • Taxes: $3,758 / year
  • MLS Type: Residential / Single Family Residence
  • County: Oakland County
  • Subdivision Name: FAIRFIELD FARMS SUB
  • Architectural Style: Colonial
  • Waterfront: No
  • Senior Community: No

Building Information

  • Year Built: 1975
  • Lot Size: 0.23 AC / 10,018 SF

Summary

Location and General Information
  • Directions: SOUTH OF 10 MILE AND WEST OF HAGGERTY
  • Latitude: 42.46233
  • Longitude: -83.44239
  • Cross Street: 10 MILE/HAGGERTY
  • MLS Area Major: Novi (63272)
Taxes and HOA
  • Association Fee: $315.08
  • Association Phone: FAIRFIELD FARMS
  • Parcel Number: 2225251008
  • Tax Amount Summer: $3,080.00
  • Tax Amount Winter: $678.00
  • Tax Annual Amount: $3,758.00
  • Tax Assessed Value: $101,590.00
  • Tax Legal Description: T1N, R8E, SEC 25 FAIRFIELD FARMS SUB LOT 72
  • Tax Other Annual Assessment Amount: $140.00
  • Association Fee Frequency: Annually
  • Association Contact: FAIRFIELD FARMS
  • Association: Yes
School Information
  • High School District: Novi
Parking
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Garage: Yes
  • Parking Features: Two Car Garage, Attached

Property

Lot Information
  • Frontage Length: 80.0
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Dimensions: 80.00 x 125.00
  • Lot Size Units: Acres
  • Road Frontage Feet: 80
  • Road Frontage Type: Paved
Property and Assessments
  • State Equalized Value: 182020.0
  • Living Area: 2101.0
  • Building Area Total: 2538.0
  • Above Grade Finished Area: 1816.0
  • Below Grade Finished Area: 285.0
  • Below Grade Total Area: 722.0
  • Class Name: Residential
  • Living Area Source: Measured
  • New Construction: No
  • Year Built: 1975
Building Features
  • Construction Materials: Brick, Other
  • Entry Location: Ground Level
  • Foundation Details: Basement, Poured
  • Levels: Two
  • Year Remodeled: 2025
  • Roof: Asphalt
  • Stories Total: 2
Utilities
  • Sewer: Public Sewer
  • Water Source: Public

Interior and Exterior Features

Interior Features
  • Bathrooms Total Notational: 1.1
  • Appliances: Dishwasher, Dryer, Free Standing Gas Range, Free Standing Refrigerator, Washer
  • Basement: Partially Finished
  • Has Basement: Yes
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Has Cooling: No
  • Fireplace Features: Family Room
  • Fireplace: Yes
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Rooms Total: 7
Exterior Features
  • Pool Private: No

Room Information

Room 1
  • Room Dimensions: 10x19
  • Room Length: 9.0
  • Room Width: 16.0
  • Room Level: Entry
  • Room Type: Dining Room
Room 2
  • Room Dimensions: 10x10
  • Room Length: 5.0
  • Room Width: 5.0
  • Room Level: Second
  • Room Type: Bedroom 2
Room 3
  • Room Dimensions: 17x11
  • Room Length: 10.0
  • Room Width: 10.0
  • Room Level: Second
  • Room Type: Bedroom 1
Room 4
  • Room Dimensions: 19x19
  • Room Length: 9.0
  • Room Width: 13.0
  • Room Level: Second
  • Room Type: Living Room
Room 5
  • Room Dimensions: 16x25
  • Room Length: 17.0
  • Room Width: 11.0
  • Room Level: Second
  • Room Type: Family Room
Room 6
  • Room Dimensions: 9x13
  • Room Length: 8.0
  • Room Width: 5.0
  • Room Level: Second
  • Room Type: Bedroom 3
Room 7
  • Room Dimensions: 9x16
  • Room Length: 16.0
  • Room Width: 25.0
  • Room Level: Entry
  • Room Type: Kitchen
Room 8
  • Room Dimensions: 5x5
  • Room Length: 10.0
  • Room Width: 19.0
  • Room Level: Entry
  • Room Type: Bathroom 1
Room 9
  • Room Dimensions: 5x5
  • Room Length: 19.0
  • Room Width: 19.0
  • Room Level: Entry
  • Room Type: Living Room

Agent

Sale and Listings
  • Public GLR Website: Yes

Rental

Rent Information
  • Existing Lease: No
  • Rent Spree: No

Property History for 40241 Oak Tree

DateEvent & SourcePriceAppreciation
Mar 20, 2025

Sold (Public Record)

Public Record #1553729482

$475,000

+3.3% / yr

Mar 20, 2025

Sold

Realcomp #20250010898

$475,000—
Mar 20, 2025

Sold

MiRealSource #60372199

$475,000—
DateEvent & SourcePrice
03/20/2025

Sold (Public Record)

Public Record #1553729482

$475,000

+3.3% / yr

03/20/2025

Sold

Realcomp #20250010898

$475,000
03/20/2025

Sold

MiRealSource #60372199

$475,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 40241 Oak Tree

Taxable Value

Land

-

Additions

-
Total-

Tax Record

2023

$3,618 ($302 / month)

Home Facts

Beds

0

Total Finished SqFt

1,816 SqFt

Above Grade Finished SqFt

1,816 SqFt

Stories

2

Lot Size

10,019 SqFt

Style

Single Family Residence

Year Built

1975

Zoning

R-4

County

OAKLAND

APN

50-22-25-251-008

Fireplace Type

Has Fireplace

Schools near 40241 Oak Tree

This home is within Novi Community School District.
Rating
School
Type
Grades
Distance
Village Oaks Elementary School
Public - K to 4
Novi Middle School
Public - 5 to 8
Novi High School
Public - 8 to 12
Novi Virtual School
Public - K to 12
Rating
School
Distance
Village Oaks Elementary School
PublicK to 4

Novi Middle School
Public5 to 8

Novi High School
Public8 to 12

Novi Virtual School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 40241 Oak Tree, Novi, MI 48375
$475,000
3
2,101
10,018
40225 Oak Tree, Novi, MI 48375
$200,000
3
1,400
10,018
40257 Oak Tree, Novi, MI 48375
–
–
2.5
2,392
10,019
40311 Oak Tree, Novi, MI 48375
–
–
2
1,400
10,019
40408 Franklin Mill Street, Novi, MI 48375
–
–
2
1,895
10,019
40424 Franklin Mill Street, Novi, MI 48375
$190,000
4
2,124
–

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker LLC Bloomfield

IDX provided courtesy of Realcomp II Ltd. via Compass and its related brokerages. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The data relating to real estate properties on this website was last updated on 08/06/2025 05:00 PM PST