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31138 Seneca Ln

Novi, MI 48377

4 bd 4 ba 2,246 sqft Built 1993 condos
Most recent sale
$420,000
Jun 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 2, 2022 Sold $420,000 Public Record
May 20, 2022 Sold $420,000 Realcomp
Apr 29, 2022 Listed $419,900 MLS #2220031496
Mar 15, 2022 Listed $419,900 MLS #2220017375
Sep 8, 2005 Sold $261,500 Public Record
Aug 31, 2005 Sold $261,500 Public Record
Aug 16, 2004 Sold $258,000 Public Record
Dec 29, 1997 Sold $213,500 Public Record
Oct 14, 1996 Sold $194,000 Public Record
Dec 15, 1993 Sold $181,548 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $174,450 $5,647
2022 $137,360 $2,648
2021 $131,750 $2,469
2020 $131,400 $2,608
2019 $117,500 $2,561
2018 $111,550 $2,545
2017 $108,800 $2,507
2016 $102,850 $2,333
2015 $99,700 $2,345
2014 $88,850 $2,344
2013 $75,550 $2,292
2012 $67,950 $2,209
2011 $64,950 $2,151
2010 $75,750 $2,499
2009 $98,050 $3,208
2008 $103,600 $3,341
2007 $125,900 $4,073

Property facts

Year built
1993
Property type
condos
Stories
2
Beds
4
Baths
4
Living area
2,246 sqft
Lot size
ZIP code
48377
City
Novi
Street
Seneca Ln
Coordinates
42.52319, -83.45735

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,369
Gross rental yield
9.63%
Implied cap rate
6.26%
Trend-extrapolated value

Frequently asked questions

When did 31138 Seneca Ln last sell?
31138 Seneca Ln most recently sold on Jun 2, 2022 for $420,000.
What is the current tax assessment for 31138 Seneca Ln?
The most recent total assessment for 31138 Seneca Ln (year 2023) is $174,450 with $5,647 in property tax.
How does 31138 Seneca Ln's assessment compare to its last sale price?
The current assessment is 58.5% below the last sale price of $420,000.
When was 31138 Seneca Ln built?
31138 Seneca Ln was built in 1993.
How does 31138 Seneca Ln compare to others on Seneca Ln?
We track 8 other properties on Seneca Ln. Browse the list under "Other properties on Seneca Ln" to compare beds, baths, and sale history.
What are the property facts for 31138 Seneca Ln?
31138 Seneca Ln is a 4 bed, 4 bath, 2,246 sqft condos.
Is 31138 Seneca Ln a flip candidate?
No — 31138 Seneca Ln does not appear in our flips dataset.
Is 31138 Seneca Ln a tax-appeal candidate?
No — 31138 Seneca Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.0%
Implied 1-yr
-7.9%
2026 Q3
$392.3K
2026 Q4
$383.5K
ZIP 48377 — Median Price History + Forecast

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