NOT LISTED FOR SALE

1312 E Lake Dr Novi, MI 48377

Estimated Value: $959,000 - $1,311,000

4 Beds
4.5 Baths
2,747 Sq Ft
$430/Sq Ft Est. Value

Last Sold July 22, 2020

Last sale price $899,000 $327 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,489/month

67 Days on Market

Highlights

  • Private Waterfront
  • Dock Facilities
  • Deck
  • Hickory Woods Elementary School Rated A
  • Built-In Refrigerator
  • Contemporary Architecture

About This Home

As of July 2020

STUNNING CONTEMPORARY WITH SOARING CEILINGS, PREMIUM FIXTURES, FINISHED LL WALK-OUT, 3 DECKS AND SANDY BEACH ON ALL SPORTS WALLED LAKE! DRAMATIC & OPEN FLOOR PLAN OFFERS 3,731 LSF, 4 Bedrooms, 4.5 Baths, 2 story Foyer w/2nd floor overlook, Dining w/door-wall to Trex Deck, Great Room with fireplace, wall of windows facing the lake & hardwood floor. Snack-bar Kitchen with granite counters, premium appliances, walk-in pantry and hardwood floor. Loft w/open rail overlook & Wet Bar, Master Suite with cathedral ceiling, walk-in closet and Bath w/dual sink granite vanity, Euroglas enclosed shower and ceramic floor. 2nd floor includes a Guest Suite w/private Bath, 2 more Bedrooms and conveniently located Laundry Room w/storage cabinets & utility sink. LL Walk-out includes a huge Rec Room w/fireplace, granite wet bar, Murphy Bed, 12' door-wall leading to the deck, 2nd Kitchen w/appliances & ceramic floor and full Bath. 2 Car Attached Garage with hot/cold water. Award Winning Walled Lake Schools

Last Agent to Sell the Property

Team Stockton

KW Showcase Realty License #6501238297 Listed on: 05/08/2020

KW Showcase Realty

Co-Listed By

Steve Stockton

KW Showcase Realty License #6501145669

Last Buyer's Agent

Russell Ravary

Real Estate One-Commerce License #6501304423

Real Estate One-Commerce

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1997

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 42x150x41x141
  • Private Waterfront
  • 42 Feet of Waterfront
  • Lake Front
  • Level Lot

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,747 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Security System Owned

Kitchen

  • Double Oven
  • Built-In Electric Oven
  • Gas Cooktop
  • Built-In Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Seawall
  • Dock Facilities
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Humidifier
  • Forced Air Zoned Heating and Cooling System
  • High Efficiency Heating System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Air Purifier
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 2202151034

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

$11,726

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Assessment: 218.45
  • Year Built: 1997
  • State Equalized Value: 451000.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Air Purifier, Cable Available, High Spd Internet Avail, Humidifier, Intercom, Jetted Tub, Programmable Thermostat, Security Alarm (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement, Great Room
  • Room Count: 17
  • Total Bedrooms: 4
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Bar Fridge, Gas Cooktop, Dishwasher, Disposal, Built-In Electric Oven, Double Oven, Built-In Refrigerator, Stainless Steel Appliance(s)
  • Sq Ft Combined: 3731
  • Sq Ft Lower Floor: 984
  • Total Sq Ft: 2747
  • Sq Ft Total Bsmt: 1107

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: WALLED LAKE
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Construction Features: Platted Sub.
  • Exterior Features: Lighting, Satellite Dish
  • Foundation Materials: Poured
  • Frontage Feet: 41
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Water Frontage Feet: 42.00
  • Waterfront Description: Direct Water Frontage, Lake Front, Private Water Frontage

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, High Efficiency Sealed Combustion, Zoned
  • 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
  • List Price per Acre: 9450000.0000
  • Lot Features: Level
  • Lot Size Area: 0.10
  • Lot Dimensions: 42X150X41X141
  • Parcel Number: 2202151034

Tax Info

  • Tax Amount Summer: 11248.0000
  • Tax Amount Winter: 478.0000
  • Total Tax: 11726.0000
  • Taxable Value: 353350.0000

Multi Family

  • Waterfront Features: All Sports Lake, Dock Facilities, Sea Wall

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Jul 22, 2020
Sold by
Bryda Bruce F and Bryda Cindy C
Bought by
Jaksic Radoslav and Jaksic Danica
Seller's Agent
Team Stockton
KW Showcase Realty
Buyer's Agent
Russell Ravary
Real Estate One-Commerce
List Price
$945,000
Sold Price
$899,000
Premium/Discount to List
-$46,000
-4.87%
Current Estimated Value
$1,167,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,697
Avg. Annual Appreciation
4.29%
Original Mortgage
$400,000
Outstanding Balance
$359,401
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$753,163

Purchase Details

Closed on
Jul 20, 2010
Sold by
Olsen Paul G and Olsen Mihui C
Bought by
Bryda Bruce F and Bryda Cindy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2000
Sold by
Macgowan Lynn M
Bought by
Olsen Paul G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,250
Interest Rate
8.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 1996
Sold by
Lynn M Macgowan Tr
Bought by
Macgowan Craig F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
7.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 1996
Sold by
Macgowan Lynn M
Bought by
Lynn M Macgowan Tr
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jaksic Radoslav $899,000 Stg
Bryda Bruce F $675,000 Interstate Title Inc
Olsen Paul G $625,000 --
Macgowan Craig F -- --
Lynn M Macgowan Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaksic Radoslav $400,000
Previous Owner Bryda Bruce F $367,900
Previous Owner Bryda Bruce F $417,000
Previous Owner Bryda Bruce F $417,000
Previous Owner Olsen Mihui C $417,000
Previous Owner Olsen Paul G $100,000
Previous Owner Olsen Paul G $531,250
Previous Owner Macgowan Craig F $495,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2020 07/22/20 Sold $899,000 -4.9% $327 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $945,000 -- $344 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

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 $15,506 $509,120 $0 $0
2022 $13,963 $469,030 $0 $0
2020 $11,415 $434,750 $73,950 $360,800
2015 -- $346,250 $0 $0
2014 -- $332,050 $0 $0
2011 -- $295,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200030566

Realcomp

APN: 22-02-151-034