116 Penhill St
Novi, MI 48377
3 bd 1 ba 960 sqft Built 1970 Lot 11,761 sqft single_family
Most recent sale
$230,000
Nov 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 30, 2022 | Sold | $230,000 | Realcomp |
| Nov 14, 2022 | Relisted | $230,000 | Realcomp |
| Nov 6, 2022 | Listing removed | — | Realcomp |
| Oct 14, 2022 | Listed | $230,000 | Realcomp |
| Mar 27, 2017 | Sold | $165,000 | Public Record |
| Feb 19, 2017 | Listing removed | $164,900 | Realcomp |
| Jan 15, 2017 | Listed | $164,900 | Realcomp |
| Jan 13, 2017 | Listing removed | $164,900 | Realcomp |
| Dec 1, 2016 | Listing removed | $165,000 | Realcomp |
| Nov 30, 2016 | Listed | $164,900 | Realcomp |
| Nov 25, 2016 | Listed | $165,000 | Realcomp |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $101,650 | $2,992 |
| 2020 | — | — | $99,300 | $3,001 |
| 2019 | — | — | $84,700 | $2,908 |
| 2018 | — | — | $84,250 | $2,940 |
| 2017 | — | — | $79,500 | $1,883 |
| 2016 | — | — | $72,150 | $2,316 |
| 2015 | — | — | $71,950 | $2,205 |
| 2014 | — | — | $69,800 | $2,238 |
| 2013 | — | — | $68,750 | $2,222 |
| 2012 | — | — | $67,800 | $2,183 |
| 2011 | — | — | $67,450 | $2,263 |
| 2010 | — | — | $73,350 | $2,252 |
| 2009 | — | — | $88,400 | $2,227 |
| 2008 | — | — | $100,850 | $2,164 |
| 2007 | — | — | $103,950 | $2,158 |
Property facts
Year built
1970
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
960 sqft
Lot size
11,761 sqft
ZIP code
48377
City
Novi
Street
Penhill St
Coordinates
42.52011, -83.49332
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,440
Gross rental yield
7.51%
Implied cap rate
4.88%
Trend-extrapolated value
—
Frequently asked questions
When did 116 Penhill St last sell?
116 Penhill St most recently sold on Nov 30, 2022 for $230,000.
What is the current tax assessment for 116 Penhill St?
The most recent total assessment for 116 Penhill St (year 2021) is $101,650 with $2,992 in property tax.
How does 116 Penhill St's assessment compare to its last sale price?
The current assessment is 55.8% below the last sale price of $230,000.
When was 116 Penhill St built?
116 Penhill St was built in 1970.
How does 116 Penhill St compare to others on Penhill St?
We track 5 other properties on Penhill St. Browse the list under "Other properties on Penhill St" to compare beds, baths, and sale history.
What are the property facts for 116 Penhill St?
116 Penhill St is a 3 bed, 1 bath, 960 sqft, 11,761 sqft lot single_family.
Is 116 Penhill St a flip candidate?
No — 116 Penhill St does not appear in our flips dataset.
Is 116 Penhill St a tax-appeal candidate?
No — 116 Penhill St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.0%
Implied 1-yr
-7.9%
2026 Q3
$392.3K
2026 Q4
$383.5K
ZIP 48377 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Penhill St