Northville Foreclosed Homes For Sale

Bank-Owned & Foreclosed Homes in Northville

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Northville Michigan is a fantastic community located within striking distance of Ann Arbor and Downtown Detroit providing reasonable commutes to either.  For detailed information on Northville Michigan Click Here

Below find all the Northville Michigan bank owned homes for sale including Fannie Mae, Freddie Mac, HUD homes and more.  Below that are any short sales and then all available Northville homes for sale.  This includes any estate sales, distressed sales, quick sales and more! For additional questions on any homes or neighborhoods call 248-221-1224 or email Michaelperna@kw.com and a member of the Michael Perna Team will be more then happy to help!

FOR ALL NORTHVILLE HOMES (CLICK HERE)

Bank owned and foreclosures represent some of the best deals the Northville market has to offer.  In Northville these are few and far between and go quick!  Please read our Guide to buying a Bank Owned home here for further information.  

2014 Northville Bank-Owned Sales report

In 2014 there were only 23 bank-owned homes that went to sale through the whole year!  Also these sold on average in 111 days and in very few cases in 2014 above asking price.  In 2013 we saw the majority of all Northville homes and condos for sale sell above the listed price and in less then 13 days.  However with rising interest rates late in the year and going into 2014 and pent up demand spent in one big push we saw a slower market as banks believed homes would continue to rebound another 20%.  The reality was a 5% market increase overall in 2014 (7.2% for Northville).  This caused the majority of bank-owned homes to sit on the market over 50 days and few of them to sell above asking price this past year.   This is a testament to the slowing Northville housing market.  While we expect to see another 20+ sales foreclosure sales this year, buyers will have to be quick and ready to disregard the asking prices and look instead at the market data proper.  Here below find all the sales including price per square foot price, asking price, sales price and days on market. 

Sold Date Neighborhood Name Address Asking Price Sold Price Square Footage Bedrooms Bathrooms Price Per Square Foot Days on Market Home Style Owned By
10/3/2014 Stonewater 17928 Devonshire 1001000 985000 5436 4 4.1 181.19 12 Colonial Bank Owned - Bank of New York Mellon
1/14/2014 Stonewater 18591 Clairmont Circle E 699900 703000 3895 4 4.2 180.48 9 Cape Cod 1st floor master Bank Owned - US Bank
10/16/2014 Woodlands South 45133 Oak Forest Drive 485000 471200 3776 4 3.2 124.78 58 Colonial Bank Owned Deutsche Bank
12/24/2014 Crestwood Manor 47361 Red Oak Drive 379900 360,100 3228 4 3.1 111.55 77 Colonial Bank Owned - US Bank
2/28/2014 Northville Ridge 16413 Mulberry Way 341900 320000 2309 3 2.2 138.58 56 Colonial Bank Owned Citimortgage
4/18/2014 Blue Heron 18339 Blue Heron Drive E 299900 310000 2114 2 2.1 146.64 66 Colonial Bank Owned Citimortgage
5/7/2014 Lairdhaven 16100 Lairdhaven Drive 319900 306000 2452 3 2.1 124.79 126 Cape Cod 1st floor master Fannie MAE Freddie MAC
12/4/2014 Parkstone 40736 Coachwood Circle 359900 295000 3083 4 3.1 95.68 1 Colonial Bank Owned - Bank of America BoA
11/14/2014 St. Lawrence Estates 312 Saint Lawrence Boulevard 319000 295000 2127 4 2.1 138.69 86 Colonial Fannie MAE Freddie MAC
5/9/2014 Not in a Northville Neighborhood 17965 Beck Road 265000 270000 1610 3 2 167.7 161 Ranch Fannie MAE Freddie MAC
11/14/2014 The Lakes of Northville 17413 Pon Valley 264684 277000 2516 4 2.1 110.09 184 Colonial Bank Owned Wells Fargo
1/31/2014 Springwater Park 39655 Springwater Drive 196000 185000 1764 2 2.1 104.875 40 Townhouse Brownstone Fannie MAE Freddie MAC
7/16/2014 Highland Lakes 20208 Longwood 164900 164900 1638 3 1.1 100.67 34 Colonial Fannie MAE Freddie MAC
5/29/2014 The Terraces at Northville Ridge 16009 Morningside 159900 159000 1490 2 2 106.71 50 Ranch Fannie MAE Freddie MAC
4/10/2014 North Lexington 804 Revere Court 156000 145050 1736 3 2.1 83.55 33 Colonial Government Owned HUD Home
2/26/2014 Northville Heights 213 Ely South 115000 115600 1405 3 2 82.27 34 Ranch Bank Owned - HSBC Bank
6/25/2014 The Coves of Northville 21052 Boulder Circle 86858 114975 1302 2 2 88.3 2 End Unit Ranch Condo Bank Owned - Bank of America BoA
12/30/2014 Highland Lakes 41325 Lagoon Court 110000 113500 1280 2 2.1 88.67 14 Colonial Fannie MAE Freddie MAC
7/30/2014 Highland Lakes 41397 Leidel Court 105000 110100 1360 3 2.1 80.95 13 Colonial Government Owned HUD Home
9/29/2014 Highland Lakes 19976 Silver Spring Drive 115000 106000 1280 2 2.1 82.81 144 Colonial Fannie MAE Freddie MAC
3/10/2014 Northridge Estates 19561 Northridge 75000 80000 1155 2 2 69.26 7 End Unit - 1 story - 2nd level - ranch condo Government Owned HUD Home
12/12/2014 Not in a Northville Neighborhood 16800 Meade Road 70000 70000 1272 3 1.1 55.03 289 Colonial Bank Owned - Wells Fargo
5/29/2014 Not in a Northville Neighborhood 51251 Seven Mile Road 84900 65000 720 3 1 90.27 117 Bungalow Fannie MAE Freddie MAC
    Average 268462   261801  2128 3 2.2 111.02 70.13    

 

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