NOT LISTED FOR SALE

1327 W Lake Dr Novi, MI 48377

Estimated Value: $595,485 - $677,000

3 Beds
3 Baths
2,584 Sq Ft
$252/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $499,000 $193 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,069/month

42 Days on Market

Highlights

  • Private Waterfront
  • Dock Facilities
  • Colonial Architecture
  • Hickory Woods Elementary School Rated A
  • Lake Privileges
  • Jetted Tub in Primary Bathroom

About This Home

As of July 2021

LAKE FRONT ON PRIME WALLED LAKE!!670 ACRES OF ALL SPORTS LAKE WITH AN SANDY BOTTOM!!TRUE LAKE LIVING AT ITS FINEST WITH THIS 2584 SQUARE FOOT HOME AND 40 FEET LAKE FRONT,THE HOME HAS OPEN FLOOR PLAN WITH EXECEPTIONAL VIEWS OF THE LAKE FROM ALMOST EVERYROOM,LARGE MASTER BEDROOM OVERLOOKING THE LAKE,WITH MASTER BATH,THIRD BEDROOM IS CURRENTLY USED AS PANTRY,2 FURNACES,2 A/C,2 HOT WATER TANKS,NEW WELL PUMP 2019,CUSTOM PAVE PATIO LAKESIDE,NEWER PELLA WINDOWS LAKESIDE,ROOF 2010,WALKING DISTANCE TO LAKESHORE PARK AND PAVILLIAN PARK ON WALLED LAKE,EXCLUEDS ALL TV WALL MOUNTS,MUCH TO DO,HIKING,FISHING,WALKING,BOATING,WATERFRONT DINING,AWARD WINNING WALLED LAKE SCHOOLS,****PLEASE DO NOT WALK PROPERTY WITHOUT AGENT OR APPOINTMENT****SELLER IS NOT AWARE OF ANY ISSUES WITH HOME BUT IS SELLING PROPERTY "AS IS" Any offers received after 2pm on Friday will be reviewed the following Monday

Last Agent to Sell the Property

Jennifer Sinkevics

National Realty Centers, Inc License #6501418087 Listed on: 04/10/2021

National Realty Centers, Inc

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940 | Remodeled in 2000

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 40x150
  • Private Waterfront
  • 40 Feet of Waterfront
  • Lake Front
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,584 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Great Room with Fireplace
  • Water Views
  • Crawl Space
  • Attic Fan
  • Security System Owned

Kitchen

  • Free-Standing Electric Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Seawall
  • Dock Facilities
  • Boat Facilities
  • Lake Privileges
  • Patio
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2203204016

Community Details

Overview

  • No Home Owners Association
  • Lake Wall Sub Subdivision
  • Swim Association

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,068

Year Built

Built in 1940 | Remodeled in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 283
  • Year Built: 1940
  • State Equalized Value: 199.0000
  • Year Renovated: 2000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Water Softener (rented), High Spd Internet Avail, Jetted Tub, Security Alarm (owned), Cable Available
  • Fireplace: Yes
  • Fireplace Locations: Great Room
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Kitchen Appliances: Disposal, Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 2584
  • Total Sq Ft: 2584

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: WALLED LAKE
  • Waterfront: Yes
  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Construction Features: 516503164
  • Exclusions: Yes
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Patio
  • Road Frontage Type: Paved
  • Sideof Street: W
  • Water Frontage Feet: 40.00
  • Waterfront Description: Lake Front, Lake Privileges, Private Water Frontage, Water Front

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing), Water at Street

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Walled Lake

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s), Vacation Home, Water View
  • Lot Size Area: 0.16
  • Lot Dimensions: 40x150
  • Parcel Number: 2203204016

Tax Info

  • Tax Amount Summer: 4670.0000
  • Tax Amount Winter: 398.0000
  • Total Tax: 5068.0000
  • Taxable Value: 136090.0000

Multi Family

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

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2021
Closed on
Jul 16, 2021
Sold by
Moy Arthur Young and Moy Barbara M
Bought by
Norris Michael and Norris Kimberly
Seller's Agent
Jennifer Sinkevics
National Realty Centers, Inc
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$651,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,371
Avg. Annual Appreciation
6.55%
Original Mortgage
$399,200
Outstanding Balance
$362,544
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$288,827

Purchase Details

Closed on
Feb 10, 2006
Sold by
Moy Arthur Young
Bought by
Moy Arthur Young and Moy Barbara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2001
Sold by
Moy Arthur Y
Bought by
Moy Arthur Y
Source: Public Records

Range of Values:

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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
Norris Michael $499,000 Enterprise Title Llc
Moy Arthur Young -- Title Source Inc
Moy Arthur Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norris Michael $399,200
Previous Owner Moy Arthur Young $370,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $499,000 0.0% $193 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
05/08/2021 05/08/21 For Sale $499,000 0.0% $193 / Sq Ft
05/08/2021 05/08/21 Price Changed $499,000 -5.0% $193 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/28/2021 04/28/21 Price Changed $525,000 -4.5% $203 / Sq Ft
04/10/2021 04/10/21 For Sale $549,900 -- $213 / 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 $7,223 $226,300 $0 $0
2022 $7,626 $222,400 $0 $0
2020 $4,670 $199,000 $84,750 $114,250
2015 -- $184,300 $0 $0
2014 -- $149,350 $0 $0
2011 -- $169,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210023071

Realcomp

APN: 22-03-204-016