NOT LISTED FOR SALE

1315 E Lake Dr Novi, MI 48377

Estimated Value: $383,818 - $560,000

5 Beds
3 Baths
1,688 Sq Ft
$262/Sq Ft Est. Value

About This Home

This home is located at 1315 E Lake Dr, Novi, MI 48377 and is currently estimated at $441,705, approximately $261 per square foot. 1315 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2025
Sold by
Gordon Alexander
Bought by
East Lake 1315 Llc
Current Estimated Value
$441,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,600
Outstanding Balance
$235,009
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$206,696

Purchase Details

Closed on
Sep 29, 2022
Sold by
1315 East Lake Llc
Bought by
Gordon Alex

Purchase Details

Closed on
May 2, 2005
Sold by
Alpern Bernard J and Logan Pyper
Bought by
1315 East Lake Llc

Purchase Details

Closed on
Dec 21, 2004
Sold by
Alfern Bernard Jay
Bought by
1315 East Lake Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
East Lake 1315 Llc -- First American Title
Gordon Alex -- --
1315 East Lake Llc -- --
1315 East Lake Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open East Lake 1315 Llc $243,600
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 $5,830 $118,240 $0 $0
2022 $4,581 $108,170 $0 $0
2020 $4,182 $98,400 $18,600 $79,800
2015 -- $82,450 $0 $0
2014 -- $80,000 $0 $0
2011 -- $83,850 $0 $0
Source: Public Records

Map

Michigan Oakland County Novi 48377

1315 E Lake Dr, Novi, MI

Not Listed for Sale

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