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43626 Chancellor Ln, Novi, MI, 48375

3beds
3baths
2,153sqft
$524,900
$244price/sqft
$3,608/moest. monthly cost
$144,320/yrincome needed

About This Home

Beautifully maintained end-unit townhome in desirable Emerson Park, offering a spacious, light-filled layout and thoughtful finishes throughout. Wainscoting welcomes you in, while wood flooring flows through the main living spaces. The bright white kitchen features a large island with comfortable seating for four, an oversized sink, 5 burner gas cooktop and built-in oven/microwave. The kitchen opens seamlessly to a generous dining area and inviting living room, where oversized windows fill the space with natural light and a stacked-stone gas fireplace extends to the ceiling. An additional flexible living area beyond the dinning space is perfect for a sunny reading nook, home office or sitting space. Upstairs, the spacious primary suite features coved ceilings, two large walk-in closets and a beautiful ensuite bath with gorgeous countertops, a soaking tub, and separate glass-enclosed shower. Two additional bedrooms feature extra-plush carpeting, including a second bedroom with its own light filled walk-in closet. Convenient second-floor laundry makes everyday living easy. Push-button blinds can be found throughout the main living areas and primary bedroom. Outside, enjoy the back patio overlooking a large green space, with a neighborhood playground just down the street. All of this within the award-winning Novi School District!

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

10/10
8/10
Novi High SchoolGrades 8-120.8 mi
9/10
Novi Meadows SchoolGrades PK,5-71.1 mi

Construction

Condition

  • Year built: 2019

Materials

  • Foundation: Slab
  • Construction materials: Brick,Stone

Type & Style

  • Home type: Townhouse
  • Architectural style: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Laundry features: Laundry Room

Bedroom

  • Level: Second
  • Area: 110
  • Dimensions: 11 X 10

Bedroom

  • Level: Second
  • Area: 121
  • Dimensions: 11 X 11

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: Entry
  • Area: 130
  • Dimensions: 10 X 13

Features

  • Fireplace features: Gas,Living Room
  • Fireplace: Yes
  • Finished area above ground: 2,153

Flex Room

  • Level: Entry
  • Area: 70
  • Dimensions: 10 X 7

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,153 sqft

Kitchen

  • Level: Entry
  • Area: 266
  • Dimensions: 19 X 14

Laundry

  • Level: Second
  • Area: 42
  • Dimensions: 7 X 6

Living Room

  • Level: Entry
  • Area: 195
  • Dimensions: 13 X 15

Other

  • Level: Second
  • Area: 40
  • Dimensions: 8 X 5

Other

  • Level: Entry
  • Area: 25
  • Dimensions: 5 X 5

Primary Bathroom

  • Level: Second
  • Area: 90
  • Dimensions: 9 X 10

Primary Bedroom

  • Level: Second
  • Area: 270
  • Dimensions: 18 X 15

Property

Details

  • Parcel number: 2222404098
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: GroundLevel

Parking

  • Total spaces: 2
  • Parking features: Two Car Garage,Attached
  • Has garage: Yes
  • Attached garage spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Heat Wave
Ice Storm
Strong Wind

FEMA Declared Disasters in Oakland County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,654$31,848
Home Insurance *$174$2,088
Property Taxes $546$6,552
Electricity $234$2,818
Total$3,608$43,296
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$123,702/yr
40% on housing$108,240/yr
45% on housing$96,213/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.2%
14.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$244This listing

vs Other Active Listings

Avg $/sqft

ZIP 48375$188
Oakland County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 48375$218
Oakland County$192

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-30Listed for sale$524,900

For Sale by Agent

AgentMeghan Hable
Brokerage@properties Christie's Int'l R.E. Birmingham

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