NOT LISTED FOR SALE

1322 East Lake Rd Novi, MI 48377

Estimated Value: $806,000 - $1,257,000

3 Beds
4 Baths
2,460 Sq Ft
$446/Sq Ft Est. Value

About This Home

This home is located at 1322 East Lake Rd, Novi, MI 48377 and is currently estimated at $1,097,091, approximately $445 per square foot. 1322 East Lake Rd 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
Nov 18, 2013
Sold by
Karim Omar and Karim Jennifer M
Bought by
Martin Jr Jay D
Current Estimated Value
$1,097,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2010
Sold by
Dpp Management Llc
Bought by
Karim Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,600
Interest Rate
5.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2010
Sold by
Wilson Gordon T and Wilson Gordon Terry
Bought by
Dpp Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,600
Interest Rate
5.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2009
Sold by
Wilson Gordon T
Bought by
Fifth Third Mortgage Mi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
5.05%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 15, 2003
Sold by
Wilson Timothy V
Bought by
Wilson Gordon T and Wilson Gordon Terry

Purchase Details

Closed on
Nov 25, 1998
Sold by
Lloyd Linda Marie
Bought by
Wilson Gordon T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Martin Jr Jay D $650,000 Reputation First Title Agenc
Karim Omar $535,000 Tri County Title Agency Inc
Dpp Management Llc -- Tri County Title Agency Inc
Fifth Third Mortgage Mi Llc $249,000 None Available
Wilson Gordon T -- Trans
Wilson Gordon T $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Jr Jay D $520,000
Previous Owner Dpp Management Llc $183,600
Previous Owner Dpp Management Llc $15,000
Previous Owner Wilson Gordon T $37,000
Previous Owner Wilson Gordon T $80,000
Previous Owner Wilson Gordon T $600,000
Previous Owner Wilson Gordon T $232,000
Source: Public Records

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 $17,348 $464,580 $0 $0
2022 $10,914 $419,190 $0 $0
2020 $10,160 $386,250 $55,300 $330,950
2015 -- $323,600 $0 $0
2014 -- $292,750 $0 $0
2011 -- $282,050 $0 $0
Source: Public Records

Map

Michigan Oakland County Novi 48377

1322 East Lake Rd, Novi, MI

This home is located at 1322 East Lake Rd, Novi, MI 48377 and is currently estimated at $1,097,091, approximately $445 per square foot. 1322 East Lake Rd 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes