$1,100,000
SOLD MAR 28, 2025

1197 E Lake Dr Novi, MI 48377

4 Beds
5 Baths
2,943 Sq Ft
0.48 Acres

Recently Sold

$374 Per Sq Ft

9 Days on Market

Highlights

  • Beach Front
  • Cape Cod Architecture
  • Jetted Tub in Primary Bathroom
  • Hickory Woods Elementary School Rated A
  • Deck
  • No HOA

About This Home

As of March 2025

Welcome to your Dream Lakefront Retreat on the East Side of the Stunning All Sports Walled Lake!
This Prime Lakefront Location has 66 feet of Pristine Lake Frontage, Featuring a Shallow, Sandy Entry—Ideal for Swimming, Kayaking, Paddleboarding, and all your Favorite Water Activities.

You’ll have Ample Space for Expansion, Entertaining & Parking with a Generous Lot Size of 66' x 316 While Simply Enjoying the Breathtaking Views of the Lake. Whether you Enjoy Boating, Fishing, Sailing, or Ice Skating, it Offers Endless Outdoor Recreation Throughout the Year Including Being Front and Center for Walled Lake's Annual Fireworks Display!

Experience Spectacular Sunset Views Right from Your Own Home, with a Two-story Great Room Designed to Frame These Stunning Vistas Perfectly. This Custom Built Home also Features 4 Ensuite Bedrooms, each with its own Private Bath for Maximum Comfort and Privacy. Cozy up by the Gas Fireplaces in both the Great Room and the Owner's Suite, Perfect for Relaxing after a Day on the Lake.

The Lower Level Provides a Large Recreational Flex Space Designed for Indoor Entertainment and Fun for all ages including Wet Bar, Egress Window & Full Bath. Multiple Flex Rooms that can be used as Bedrooms, a Craft Room, Office, or Media Room—Versatility at its Best. There is Ample Storage Space will Keep Everything Organized.

A Spacious Attached 3 1/2 Car Garage—Perfect for Storing Vehicles, Water Toys, and all your Outdoor Gear. Whole House Generator insures Uninterrupted Living.

Last Agent to Sell the Property

Vicki Burr

National Realty Centers, Inc License #6501412137

National Realty Centers, Inc

Last Buyer's Agent

Alivia Arabo

Alivia Arabo, Broker License #6504431696

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1996

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 66.00 x 316.00
  • Beach Front
  • 66 Feet of Waterfront

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Contemporary Architecture
  • Poured Concrete
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,943 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Double Sided Fireplace
  • Great Room with Fireplace
  • Finished Basement
  • Basement Window Egress

Kitchen

  • Double Oven
  • Gas Cooktop
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2202127022

Community Details

Overview

  • No Home Owners Association
  • Shore Acres Sub Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,623

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod, Colonial, Contemporary
  • Architecture Level: 2 Story
  • Assessment: 140.00
  • Year Built: 1996
  • State Equalized Value: 509260.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Egress Window(s), Jetted Tub, Furnished - No, Wet Bar
  • Fireplace: Yes
  • Fireplace Locations: Double Sided, Great Room
  • Room Count: 16
  • Total Bedrooms: 4
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Double Oven, Down Draft, Dryer, Free-Standing Refrigerator, Gas Cooktop, Microwave, Washer
  • Sq Ft Combined: 4143
  • Sq Ft Lower Floor: 1200
  • Total Sq Ft: 2943
  • Sq Ft Total Bsmt: 1743

Exterior Features

  • Roof Material: Tile
  • Waterfront Name: Walled Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Stucco
  • Foundation Materials: Poured
  • Frontage Feet: 66
  • Porch Type: Balcony, Deck, Patio, Porch
  • Road Frontage Type: Paved
  • Water Frontage Feet: 66.00
  • Waterfront Description: Beach Front, Direct Water Frontage

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Side Entrance, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Walled Lake

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.48
  • Lot Dimensions: 66.00 x 316.00
  • Parcel Number: 2202127022

Tax Info

  • Tax Amount Summer: 11883.0000
  • Tax Amount Winter: 740.0000
  • Total Tax: 12623.0000
  • Taxable Value: 393930.0000

Multi Family

  • Waterfront Features: All Sports Lake, DIRFRT

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2025
Closed on
Mar 28, 2025
Sold by
David T Galloway And Nancy A Galloway Tr and Burr Vicki
Bought by
Arabo Auday
Seller's Agent
Vicki Burr
National Realty Centers, Inc
Buyer's Agent
Alivia Arabo
Alivia Arabo, Broker
List Price
$1,100,000
Sold Price
$1,100,000
Total Days on Market
9
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-29.78%
Original Mortgage
$989,890
Outstanding Balance
$989,059
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$61,539

Purchase Details

Closed on
Nov 19, 2012
Sold by
Galloway David T and Galloway Nancy A
Bought by
David T Galloway & Nancy A Galloway Trus

Purchase Details

Closed on
May 30, 2003
Sold by
Bolton Johnn R and Bolton Mary Ann
Bought by
Galloway David T and Galloway Nancy A

Purchase Details

Closed on
Jul 13, 1995
Sold by
Wagner Paul
Bought by
Chamberlain Real Est Deferred

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,100,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $665,000 First Michigan Title Inc
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $989,890 New Conventional
Previous Owner $187,910 New Conventional
Previous Owner $197,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $1,100,000 0.0% $374 / Sq Ft
03/22/2025 03/22/25 Pending -- -- --
03/13/2025 03/13/25 For Sale $1,100,000 -- $374 / Sq Ft
Source: Realcomp

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $11,883 $462,870 $0 $0
2020 $11,196 $423,300 $70,800 $352,500
2015 -- $334,200 $0 $0
2014 -- $315,950 $0 $0
2011 -- $313,100 $0 $0
Source: Public Records

Source: Realcomp

MLS Number: 20250015874

Realcomp

APN: 22-02-127-022

Michigan Oakland County Novi 48377

1197 E Lake Dr, Novi, MI

Homes for Sale in Novi, MI

This home is located at 1197 E Lake Dr, Novi, MI 48377 and is currently priced at $1,100,000, approximately $373 per square foot. This property was built in 1996. 1197 E Lake Dr is a home located in Oakland County with nearby schools including Hickory Woods Elementary School, James R Geisler Middle School, and Walled Lake Western High School.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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