NOT LISTED FOR SALE

1229 E Lake Dr Novi, MI 48377

Estimated Value: $300,000 - $1,018,000

3 Beds
2.5 Baths
2,206 Sq Ft
$278/Sq Ft Est. Value

Last Sold May 03, 2019

Last sale price $568,000 $257 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,797/month

18 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Dock Facilities
  • Colonial Architecture
  • Hickory Woods Elementary School Rated A
  • Cabana
  • Deck

About This Home

As of May 2019

EXCELLENT LAKE FRONT PROPERTY AVAILABLE ON ALL SPORTS WALLED LAKE! MOVE IN READY WITH CONTEMP COLORS & FIXTURES. LIV ROOM, DIN ROOM W WET BAR & KITCHEN OFFER OPEN FLOW. LNDRY RM OFF KITCHEN. GOOD SIZED PANTRY. FAMILY ROOM W CLOSET THAT MAKES CONVENIENT ENT FROM THE GARAGE. BACK DECK FOR THE SUNNY MORNINGS. MSTR BDRM FULL OF LIGHT W WALL OF WINDOWS AND 2 SKYLIGHTS. BAMBOO FLR. LG WALK IN CLOSET. MSTR BATH HAS HEATED FLOORS & LG WALKIN SHOWER. PLENTY OF CAB/CNTR SPACE. TREX BALCONY OFF MASTER TO ENJOY SUNSETS! 1440 SF POLE BARN AT BACK OF PROPERTY. 434 SF HAS OWN ELEC, HEAT AND WATER. PERFECT MAN CAVE! 854 SF UNFINISHED, PERFECT FOR STORAGE, OR ANYTHING YOU’D LIKE. LIBRARY LADDERS FOR EASY ACCESS TO SHELVING. PRIV LK FRONT AREA WITH 60’ DOCK & CABANA. CABANA HAS 1/2 BATH AND RM FOR FRIDGE. PLENTY OF SPACE FOR ENTERTAINING. SEVERAL UPDATES; FRESHLY PAINTED, NEW CARPET. NEW DISHWASHER & FRIDGE, ROOF IN 2010. ALSO INCLUDES PROP # 2202151013 & 2202176023. TAXES SHOWN REFLECT 3 PROPS TOTAL.

Last Agent to Sell the Property

Patti Mullen

Remerica Hometown One License #6501277402 Listed on: 02/15/2019

Last Buyer's Agent

Jim Mandeville

Real Estate One-Milford License #RCO-6501240378

Real Estate One-Milford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 55x178x49x171
  • 50 Feet of Waterfront
  • Lake Front
  • Fenced

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,206 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Water Views
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Cabana
  • Dock Facilities
  • Balcony
  • Deck
  • Pole Barn
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2202176022

Community Details

Overview

  • Property has a Home Owners Association
  • Beth Adams Association
  • Shore Acres Sub Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,263

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 82.74
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 2206

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Walled Lake
  • Waterfront: Yes
  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Exterior Features: Cabana, Fenced
  • Porch Type: Balcony, Deck, Porch
  • Road Frontage Type: Paved
  • Water Frontage Feet: 50.00
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Door Opener, Electricity
  • 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: No

Condo/Co-op/Association

  • Association Fee Frequency: Optional
  • Phone: beth.adams@lahalifestyle.com
  • Association Fee: 25
  • Association Contact: Beth Adams
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • List Price per Acre: 2852380.9524
  • Lot Features: Water View
  • Lot Size Area: 0.21
  • Lot Dimensions: 55x178x49x171
  • Parcel Number: 2202176022

Tax Info

  • Tax Amount Summer: 8845.0000
  • Tax Amount Winter: 418.0000
  • Total Tax: 9263.0000

Multi Family

  • Waterfront Features: All Sports Lake, Dock Facilities

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2019
Closed on
May 3, 2019
Sold by
Martell Robert G and Martell Natalie M
Bought by
Sullivan Stanley D and Meraw Laura E
Seller's Agent
Patti Mullen
Remerica Hometown One
Buyer's Agent
Jim Mandeville
Real Estate One-Milford
List Price
$599,000
Sold Price
$568,000
Premium/Discount to List
-$31,000
-5.18%
Current Estimated Value
$613,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,065
Avg. Annual Appreciation
1.13%
Original Mortgage
$454,400
Outstanding Balance
$397,878
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$215,187

Purchase Details

Listed on
Apr 28, 2014
Closed on
Apr 8, 2015
Sold by
Carpenter Mark A and Carpenter Linda J
Bought by
Martell Robert G and Martell Natalie M
Seller's Agent
Michael Anspach
Berkshire Hathaway HomeServices HWWB
Buyer's Agent
Patti Mullen
Remerica Hometown One
List Price
$629,000
Sold Price
$500,000
Premium/Discount to List
-$129,000
-20.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.20%
Original Mortgage
$400,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 1999
Sold by
Rumely Donna M
Bought by
Carpenter Mark A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sullivan Stanley D $568,000 None Available
Martell Robert G $500,000 None Available
Carpenter Mark A $382,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Stanley D $454,400
Previous Owner Martell Robert G $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2019 05/03/19 Sold $568,000 -5.2% $257 / Sq Ft
03/05/2019 03/05/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $599,000 +19.8% $272 / Sq Ft
04/14/2015 04/14/15 Sold $500,000 -20.5% $227 / Sq Ft View Prior Sale
03/15/2015 03/15/15 Pending -- -- --
04/28/2014 04/28/14 For Sale $629,000 -- $285 / 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 $937 $30,410 $0 $0
2022 $894 $28,460 $0 $0
2020 $853 $27,100 $10,900 $16,200
2015 -- $10,750 $0 $0
2014 -- $10,750 $0 $0
2011 -- $10,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219013828

Realcomp

APN: 22-02-176-023

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