43540 Prospect, Novi, MI 48375 Property Records

Oakland County property record for 43540 Prospect, Novi, MI 48375

Property Summary

Property Type	Condominium
Lot Size	0.19 acres (8,276 sqft)
Owner	Individual Name on File
Last Sale	$413,420 (May 2021)
Tax Bill	$6,543 (2025)
Deeds & Mortgages	Dec 2023 Line of Credit Nov 2021 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`50-22-22-404-029`

Property Details

APN / Parcel Number

Primary APN	`50-22-22-404-029`

Exterior

Architectural Style	Condo/Apartment
Lot Area	8,276 sqft (0.19 acres)

Location & Zoning

Street Address	43540 PROSPECT
City	NOVI
State	MI
Zip	48375-3030
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Condominium
Local Zoning Code	RM-2
Legal Description	T1N, R8E, SEC 22OAKLAND COUNTYCONDOMINIUM PLAN NO 2250EMERSON PARKUNIT 13, BLDG 3L 52612 P
Legal Subdivision	EMERSON PARK
Legal Unit	13
Jurisdiction	OAKLAND MI
Township / Civil Division	NOVI
Census Block Group	1
Census Block	1000
Census Tract	136602

Owner

43540 Prospect, a condominium, is owned and occupied by an individual who bought it in May 2021.

Source: Oakland County records, as of May 27, 2026

Owner of Record	Individual Name on File
Mailing Address	43540 PROSPECT, NOVI, MI 48375-3030
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Dec 28, 2023	Deed of Trust, Mortgage · Line of Credit DFCU FINANCIAL
Nov 1, 2021	Deed of Trust, Mortgage · Conventional Mortgage ROCKET MORTGAGE LLC
May 13, 2021	Warranty Deed, Subdivision Related Transfer · Conventional Mortgage PULTE MORTGAGE LLC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 13, 2021 · Amount on File
Deed Sale	May 13, 2021 · Amount on File
Deed Document Number	2021125608
Deed Book / Page	56231 / 287
Record Updated	Sep 20, 2026

December 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	OAKLAND MI
Property Address	43540 PROSPECT, NOVI, MI 48375-3030
Transaction Type	Mortgage
Record Updated	Jan 16, 2024
Title Company	DFCU TITLE AGENCY LLC

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	43540 PROSPECT, NOVI, MI 48375-3030

Mortgage

Document Number	0000139516
Date	Dec 28, 2023
Book Page	59085/730
Instrument	139516

Lender

Name	DFCU FINANCIAL
Type	Credit Union
Address	DEARBORN, MI 48126

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	360 Months
Due	Dec 27, 2053

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

November 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	OAKLAND MI
Property Address	43540 PROSPECT, NOVI, MI 48375-3030
Transaction Type	Mortgage
Record Updated	Sep 22, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	43540 PROSPECT, NOVI, MI 48375-3030

Mortgage

Document Number	0000251203
Date	Nov 1, 2021
Book Page	57041/361
Instrument	251203

Lender

Name	ROCKET MORTGAGE LLC
Type	Mortgage Company
Address	DETROIT, MI 48226

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	359 Months
Due	Oct 1, 2051

May 2021: Warranty Deed, Subdivision Related Transfer

Document Type	Warranty Deed
Jurisdiction	OAKLAND MI
Recording Date	May 13, 2021
Property Address	43540 PROSPECT, NOVI, MI 48375-3030
Document Number	0000125608
Book / Page	56231 / 287
Map Reference	LB 52242 PG 358
Instrument Date	Apr 27, 2021
Instrument	125608
Transaction Type	Subdivision Related Transfer
Record Updated	Sep 22, 2023

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$3,556.10
Amount Accuracy	Full Amount Stated
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	2800 LIVEMOIS BUILDING D 3RD FLOOR #300D, 300D, TROY, MI 48083

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants in Severalty
Address	43540 PROSPECT, NOVI, MI 48375-3030

Mortgage

Document Number	0056231289
Date	May 13, 2021
Instrument	56231/289

Lender

Name	PULTE MORTGAGE LLC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	May 1, 2051

Tax Assessment & Valuation

The 2025 property tax bill for 43540 Prospect was $6,543 with a homeowner's exemption.

Source: Oakland County assessment roll, as of January 21, 2026

Property Jurisdictions

Type	Name
State	Michigan
County	Oakland County
Municipality	Novi City
Unified School District	Novi Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$6,543.00
2023	$7,375.00 (+6.45%) Homeowner's exemption	$201,970	$403,940
2022	$6,928.00

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 43540 Prospect in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective December 8, 2024

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 43540 Prospect is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 94% of the US · lower than 85% of Michigan
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF NOVI serves 56,780 people · EPA ID MI0004870
Water Source	Purchased surface water from GREAT LAKES WATER AUTHORITY
Last State Inspection	Oct 2025
Lead	Under 1 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 274 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable	1,000 / 1,000
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless · DSL · Fiber in parts of the area	100 / 20

May also be available: Xfinity.

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