1516 Paramount Street Novi, MI ^$ 220,000

1516 Paramount Street

^$ 220,000

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Recently Listed

1516 Paramount Street

Novi, MI, 48377

^$ 220,000

Bedrooms2 Baths1.0 Sq 866

Monthly Estimate*

^$ 1,389

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Single Family Home for sale in Novi, MI

for $220,000 with 2 bedrooms and 1 full bath. This 866 square foot home was built in 1958 on a lot size of 0.1.

Just steps away from Walled Lake! Welcome to 1516 Paramount Street! This charming 2-bedroom, 1-bath ranch offers the ideal blend of low-maintenance living and incredible outdoor recreation. Nestled within walking distance to two local parks and nearby beaches, you get all the perks of lake community living without the high price tag. Updates include: metal roof (2021), siding (2023), water heater (2021), and flooring. Schedule your showing today!

Single Family Active

Price

^$ 220,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 2,080

Style

Ranch

Lot Size

0.1

Year Built

1958

Town/City

Novi

County/Region

Oakland

MLS | Web ID

61032588

Features

General

Heating Baseboard Radiant

Kitchen Level Entry

Possession Close Plus 30 Days

Water Private Well

Appliances Dishwasher Range/Oven Refrigerator

Status Active Active

Full Baths 1

Half Baths 0

Bathrooms 1

Year Built 1958

Subdivision Cenaqua Shores MI

Water Heater Gas Tankless Hot Water

Style Ranch

County Oakland

Class RESIDENTIAL

Type Single Family

Ownership Private

Municipality Novi

Sale/Rent For Sale

Status Detail 0

Structure Style 1 Story

Area Novi (63272)

Primary City Novi

Directions NORTH OF 13 MILE EAST OF LAKE DR

City Novi

School District Walled Lake Cons School District

Financial Terms Cash Conventional

Legal Description T1N R8E SEC 2 CENAQUA SHORES SUB LOT 15

DOM 8

Postal Code 48377

Price Per Sq Ft Total AG 254.04

Public Remarks Just steps away from Walled Lake! Welcome to 1516 Paramount Street! This charming 2-bedroom

Interior

Dining Room Level Entry

Bedroom 1 Level Entry

Bedroom 2 Level Entry

Beds 2

Fireplace? No

Total Rooms 7

Exterior

Exterior Vinyl Siding

Frontage 40

Lot Size Area 0.1

Pool (Y/N) No

Lot Dimensions 40X110

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Brooke Warren

Listing Agent

Remerica United Realty-Brighton

Broker

assistant2rachel@gmail.com

Affordability Calculator

$1,562

Per Month

Monthly Principal & Interest: $1,389
Monthly Property Taxes: $173
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Novi, MI

Average List Price ^$717,784

Percent of Sale Price 226%

About Novi, MI

60,770 Population

28% Since 2002

^$88,791 Median Income

41.16 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759997 Elementary School

759885 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/23/2026	$220,000		Listed Price

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1516 Paramount Street, Novi, MI, 48377 is a Single Family Home for sale at $220,000 with 866 sqft and a lot size of 0.1. 1516 Paramount Street has 2 bedrooms, 1.0 baths, and was built in 1958. The property's zip code is 48377 which is in Novi, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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1516 Paramount Street

Single Family Home for sale in Novi, MI

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