NOT LISTED FOR SALE

1359 E Lake Dr Novi, MI 48377

Estimated Value: $295,954 - $382,000

2 Beds
1 Bath
1,000 Sq Ft
$340/Sq Ft Est. Value

Last Sold August 27, 2015

Last sale price $240,000 $240 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,250/month

9 Days on Market

Highlights

  • Lake Front
  • Dock Facilities
  • Lake Privileges
  • Hickory Woods Elementary School Rated A
  • Home fronts a creek
  • Ranch Style House

About This Home

As of August 2015

BUYERS LOSS IS YOUR GAIN*CURRENT BUYERS LOAN NOT APPROVED*H & B DUE MONDAY AUGUST 10TH 4 PM*WE ARE ALREADY IN A MULTIPLE OFFER SITUATION*ENJOY AS A GETAWAY WEEKEND OR LIVE YEAR ROUND! ALL SPORTS WALLED LAKE LAKEFRONT RANCH W/NATURAL LIGHT! NEWLY REBUILT IN 1996*OPEN FLR PLAN W/GREAT VIEW OF THE LAKE FROM LIV RM W/HRDWD FLRS, CATH CEIL, MANY WINDOWS TO MAXIMIZE LAKE VIEW*SKYLIGHTS, & REC LIGHTING*OPEN TO KIT W/OAK CAB, R/O SYS, SNACK BAR COUNTER PLUS EAT IN DIN AREA, SS SINK*UPDATED CERAMIC & GRANITE BATH W/CERAMIC SHOWER PLUS GLASS DRS*MSTR BDRM HAS CATH CEIL, 2 CLOSETS, DECORATIVE SHELVING, CEIL FAN & DRWL TO WOODED BACK YD & VIEW OF CREEK W/PRIVACY BY NATURE*HRDWD FLRS T/O! REBUILT IN 1996*ORIGINAL YR BUILT UNKNOWN*SPECIAL FEATURES: NEW FURNACE, SOLID DRS, CEIL FANS, DOCK*PRIVATE LAKE LOT PROVIDES YEAR ROUND ACTIVITIES*CLOSE TO FREEWAYS, SHOPPING & RESTAURANTS*AGENT TO VERIFY ALL INFORMATION! LAKEFRONT LOT INCLUDED IN SALE TAX ID 2202326004

Last Agent to Sell the Property

Debra Isaac

Real Estate One-Commerce License #6501256335 Listed on: 08/03/2015

Real Estate One-Commerce

Last Buyer's Agent

Wendy Liu

Community Choice Realty Inc License #6501265504

Community Choice Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1996

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30 x 120
  • Home fronts a creek
  • Lake Front

Parking

  • 2 Parking Garage Spaces

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,000 Sq Ft Home
  • Ceiling Fan
  • Water Views
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Dock Facilities
  • Boat Facilities
  • Lake Privileges
  • Exterior Lighting
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2202328003

Community Details

Overview

  • No Home Owners Association
  • Chapman Walled Lake Sub Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,111

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Water Softener (owned)
  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 1000
  • Total Sq Ft: 1000

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: WALLED LAKE
  • Waterfront: Yes
  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Porch Type: Porch
  • Road Frontage Type: Paved
  • Sideof Street: E
  • Waterfront Description: Creek, Lake Front, Lake/River Priv

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: 2+ Assigned Spaces

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: Water at Street, Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Walled Lake

Lot Info

  • List Price per Acre: 2811250.0000
  • Lot Features: Water View, Vacation Home
  • Lot Size Area: 0.08
  • Lot Dimensions: 30 X 120
  • Parcel Number: 2202328003

Tax Info

  • Tax Amount Summer: 3860.0000
  • Tax Amount Winter: 251.0000
  • Total Tax: 4111.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, Dock Facilities

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2016
Sold by
Tam Kelvin and Lei Ada
Bought by
Tam Kelvin and Tam Jennifer
Current Estimated Value
$347,713

Purchase Details

Listed on
Aug 3, 2015
Closed on
Aug 25, 2015
Sold by
Zorbas Katherine E
Bought by
Tam Kelvin K and Lei Ada M
Seller's Agent
Debra Isaac
Real Estate One-Commerce
Buyer's Agent
Wendy Liu
Community Choice Realty Inc
List Price
$224,900
Sold Price
$240,000
Premium/Discount to List
$15,100
6.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.26%

Purchase Details

Closed on
Jul 12, 2011
Sold by
Williams William B and Williams Mary Jo
Bought by
Zorbas Katherine E

Purchase Details

Closed on
Jun 28, 2002
Sold by
Diederich John M
Bought by
Wlliams Katherine E and Williams Bill
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
Tam Kelvin -- Attorney
Tam Kelvin K $240,000 None Available
Zorbas Katherine E -- None Available
Wlliams Katherine E $257,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Bill $94,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2015 08/27/15 Sold $240,000 +6.7% $240 / Sq Ft
08/12/2015 08/12/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $224,900 -- $225 / 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 $4,154 $87,830 $0 $0
2022 $3,965 $89,760 $0 $0
2020 $3,646 $86,050 $25,000 $61,050
2015 -- $69,750 $0 $0
2014 -- $68,150 $0 $0
2011 -- $65,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215082758

Realcomp

APN: 22-02-328-003