Full record / Valuation Statement.pdf

Valuation Statement.pdf

Dally Family Trust Petitioner V City Of Novi Respondent · 26-000413-TT

← View full record

Text extracted from the reviewed PDF, organized by page. OCR and reading order may contain errors; confirm details in the PDF below.

Page 1

Valuation Report

DB:

Novi City 2026

05/18/2026

04:26 PM

 Public Water 1 2,328 1,769 

Water/Sewer

 Common Wall: 1/2 Wall 1 -1,896 -1,441 

 Base Cost 538 38,220 29,047 

Class: B Exterior: Siding Foundation: 42 Inch (Unfinished)

 Common Wall: 1/2 Wall 1 -1,896 -1,441 

 Base Cost 630 42,613 32,386 

Class: B Exterior: Siding Foundation: 42 Inch (Unfinished)

Garages

 Treated Wood 210 4,937 3,752 

 Treated Wood 409 7,607 5,781 

 Treated Wood 42 1,876 1,426 

Deck

 CCP (1 Story) 96 4,385 3,333 

Porches

 Separate Shower 1 3,305 2,512 

 Extra Sink 3 5,416 4,116 

 2 Fixture Bath 3 21,747 16,528 

 3 Fixture Bath 4 43,495 33,056 

Plumbing

 Basement, Outside Entrance, Below Grade 2 9,756 7,415 

 Brick Veneer 4264 98,797 75,086 

Exterior

 Basement Living Area 2865 176,541 134,171 

 Recreation Room 351 11,253 8,552 

Other Additions/Adjustments

 Total: 1,280,360 973,103

1 Story Siding Overhang 12 

1 Story Siding Basement 116 

1 Story Siding Basement 883 

2 Story Siding Basement 2,300 

Stories Exterior Foundation Size Cost New Depr. Cost 

Building Areas

Phy/Ab.Phy/Func/Econ/Comb. % Good=76/100/100/100/76

Ground Area = 3299 SF Floor Area = 5611 SF.

(11) Heating System: Forced Heat & Cool

 

Cost Est. for Res. Bldg: 1 Single Family TWO STORY Cls B 20 Blt 2002

 Total Estimated Land Improvements True Cash Value = 16,762

 BRICK PAVERS 12.00 877 76 7,998

Description Rate Size % Good Cash Value

Residential Local Cost Land Improvements

D/W/P: 3.5 Concrete 8.87 1300 76 8,764

Description Rate Size % Good Cash Value

Land Improvement Cost Estimates

 0.74 Total Acres Total Est. Land Value = 277,500

 0.740 Acres 0 100 0

<Site Value A> BASE- LAKE 375000 74 SEE ALSO -024 Land Vo Comb 277,500

Description Frontage Depth Front Depth Rate %Adj. Reason Value

 * Factors *

Land Value Estimates for Land Table R1921.ISLAND LK SHRS NTH OCCP#1444

Map #: CITY OF NOVI NOVI, MI 48374 

Property Class: 407 25651 SHORELINE DR 

50-22-19-203-006 2026 Est. T.C.V. DALLY FAMILY TRUST

Page 2

Valuation Report

DB:

Novi City 2026

05/18/2026

04:26 PM

 932,440 932,440 932,440 939,670 932,440 932,440

2026 Assessed MBOR S.E.V. Capped ->Taxable<- PRE/MBT

 0 17,470 0 0 17,470 0

2026 New Eq. Adjustment Loss Additions Tax Adjustment Losses

 914,970 914,970 914,970 914,970 2.70

2025 Assessed MBOR S.E.V. Base for Cap IRM

Est. TCV/Total Floor Area = 332.36, Most recent sale 12/30/2020 for 1,775,000

2026 Est. T.C.V. 50-22-19-203-006 = 1,864,877

 ECF (ISLAND LK SHORES NORTH OCCP 1444) 1.150 => TCV: 1,570,615

Notes: 

 Totals: 1,797,004 1,365,752

 Prefab 2 Story 1 5,750 4,370 

 Prefab 1 Story 2 9,239 7,022 

Fireplaces

 Sauna 1 13,673 10,391 

 Microwave 1 1,194 907 

 Oven 1 2,651 2,015 

 Jacuzzi repl.Tub 1 11,335 8,615 

 Garbage Disposal 1 462 351 

 Dishwasher 1 1,528 1,161 

Built-Ins

 Public Sewer 1 2,328 1,769 

Parcel Number: 50-22-19-203-006 Page: 2

PDF reading copy

← View full record