Sold1061d on market
315 Elm Ct
Novi, MI, 48377 • 48377 • Oakland County
$265,000
$245/sqft
2Beds
1Baths
1,080Sqft
0.1 acLot
1957Built
Property DNA
On the Shawood Lake
Acrossthe Road Water Frontage, Direct Water Frontage
Ranch Style
Built 1957 · 69 years of history
WALLED LAKE SHORES
48377
This home is in high demand
Listed 1061 days ago · 4 views · Top 2% likely to sell soon
Market activity
Demand and pricing signals for this listing
4 views
People checking out this listing
1061 days on market
Established listing
$245/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 2% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1957
Here is your affordable oasis with two lakes, Shawood Lake AND Walled Lake! Furthermore, this is the closest home you will find to a new build for the price! Just about everything in the home is new and/or renovated. Remodeled bathroom with waterfall shower head. Newer mechanicals with a brand new water filtration system for the whole house. Updated granite counters, updated cabinets, new floors, new paint, new lights... the list goes on. Both bedrooms are large with an additional office space in the front of the home. The high peak ceilings will give you a modern A-frame feel. There is also a large unfinished attic space great for storage or a future hidden home movie theater! The location is prime as the home is tucked away for some privacy on the lake, yet Pavilion Park and Lakeshore Park on Walled Lake are both walking distance from the house. Twelve Oaks Mall and Novi shopping amenities are 10 minutes or less away. Get this home so you can enjoy pond hockey, kayaking, or fishing on the back non-motorized lake. Or, go across the street and enjoy any of your all sports lake needs!
Standout features identified
Our analysis highlights walled lake, non-motorized lake, and movie theater as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,662/month
Principal & Interest$1,309
Property Tax$265
Insurance$88
Down payment20% ($53,000)
3%50%
Est. 6.28% rate · 30yr fixed · $212,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1957
HeatingForced Air, Natural Gas
ParkingNo Garage
Lot4,356 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleRanch
Year built1957
Stories1
Systems
HeatingForced Air, Natural Gas
ConstructionVinyl Siding
Water / SewerPublic, Well / Public Sewer
Parking & Outdoor
ParkingNo Garage
Lot4,356 sqft
Location & Tax
Neighborhood48377
Annual tax$3,211
Parcel2203481003
Bathrooms & Fees
Full baths1
Features & details
4 categories of property features
Interior Features
Heating
Forced Air
Natural Gas
Exterior Features
Parking
No Garage
Construction
Vinyl Siding
Pool Features
None
Listing insights
Market data and value estimates
StatusSold
Days on market1061
Est. value$298,500
Est. rent$1,850/mo
Tax rate1.34%
Price/sqft$245
On marketMar 17, 2023
PostedMar 26, 2025
Last sold$265,000
MLS updatedAug 30, 2023
Tour days6
Views4
How are the schools in Novi?
3 schools rated nearby
Location
Novi, MI, 48377
Price history
7 events
DateEventPrice$/sqftSource
May 12, 2023Sold$265,000$245Realcomp II
Apr 3, 2023Pending Sale$259,900$241Realcomp II
Mar 30, 2023Price Change$259,900$241Realcomp II
Mar 17, 2023Listed For Sale$265,000$245Realcomp II
Nov 2, 2022Sold$171,000$158Realcomp II
Oct 20, 2022Pending Sale$164,900$153Realcomp II
Oct 17, 2022Listed For Sale$164,900$153Realcomp II
Sold$265,000
May 12, 2023•$245/sqft•Realcomp II
Pending Sale$259,900
Apr 3, 2023•$241/sqft•Realcomp II
Price Change$259,900
Mar 30, 2023•$241/sqft•Realcomp II
Listed For Sale$265,000
Mar 17, 2023•$245/sqft•Realcomp II
Sold$171,000
Nov 2, 2022•$158/sqft•Realcomp II
Pending Sale$164,900
Oct 20, 2022•$153/sqft•Realcomp II
Listed For Sale$164,900
Oct 17, 2022•$153/sqft•Realcomp II
Tax history
15 years of records
YearTax paidAssessed value
Apr 8, 2024—$99,130
Apr 8, 2023—$92,460
Apr 8, 2022—$86,800
Apr 8, 2021—$83,550
Apr 8, 2020—$79,050
Apr 8, 2019—$76,050
Apr 8, 2015—$56,450
Apr 8, 2014—$55,500
Apr 8, 2011—$66,200
Apr 8, 2010—$73,450
Apr 8, 2009—$73,450
Apr 8, 2003—$65,950
Apr 8, 2002—$54,700
Apr 8, 2001$2,381$44,490
Apr 8, 2000$2,217$43,120
Nearby homes
Neighborhood details
Local context around this listing
Novi, MI • Oakland County
Nearby cities
Bloomfield HillsFarmington HillsNoviPontiacRochester HillsRoyal OakSouthfieldTroy
Nearby zip codes
48374483754837648377
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