NOT LISTED FOR SALE

1525 E Lake Dr Novi, MI 48377

Estimated Value: $330,924 - $559,000

2 Beds
2 Baths
1,104 Sq Ft
$362/Sq Ft Est. Value

Highlights

  • 30 Feet of Waterfront
  • Dock Facilities
  • Colonial Architecture
  • Hickory Woods Elementary School Rated A
  • Lake Privileges
  • No HOA

About This Home

As of April 2018

WELCOME HOME TO THE SIDE OF LAKE WITH INCREDIBLE SUNSETS AND SANDY BOTTOM! GUTTED TO STUDS IN 2004. OPEN FLOOR PLAN. ISLAND KITCHEN WITH WET BAR. CUSTOM LIGHTED MAPLE CABINETS. STAINLESS STEEL APPLIANCES STAY. MASTER BEDROOM HAS GREAT VIEWS, VAULTED CEILINGS, AND A WALK IN CLOSET. JACK AND JILL UPPER BATH HAS DOUBLE SINKS. FIRST FLOOR LAUNDRY. TILED BATHS. CENTRAL AIR. FENCED YARD. DOUBLE LOT. NATURAL GAS LINE FOR A GRILL. CAT WIRED. COVERED PORCH. BRING YOUR BOATS, JET SKIS, AND SNOWMOBILES. CLOSE TO 12 OAKS MALL, SHOPS, HIGHWAYS, PARKS, BEACHES, RESTAURANTS, TRAILS, AND HIGHWAYS. WALK, JOG, OR BIKE ON PATH AROUND THE LAKE. MULTI YEAR LEASES PREFERABLE. $149 NON REFUNDABLE PREP FEE. PETS NEGOTIABLE. WALLED LAKE IS ALL SPORTS AND ONE OF THE LARGEST LAKES IN OAKLAND COUNTY AT 670 ACRES.

Last Agent to Rent the Property

Bob Dillon

HouseLinkRealty License #6502395305 Listed on: 04/09/2018

Last Renter's Agent

Bob Dillon

HouseLinkRealty License #RCO-6502395305

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,197

Year Built

  • Built in 1930 | Remodeled in 2005

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60.76x110
  • 30 Feet of Waterfront
  • Lake Front
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,104 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Water Views
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Seawall
  • Dock Facilities
  • Boat Facilities
  • Lake Privileges
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Security Deposit $3,000
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Assessor Parcel Number 2202329028

Community Details

Overview

  • No Home Owners Association
  • Chapman Walled Lake Sub Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,197

Year Built

Built in 1930 | Remodeled in 2005

Lot Details

0

Rental Info

  • Lease Type: Single Family House
  • Security Deposit: 3000.00
  • Tenant Amenities: Laundry In-Unit

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1930
  • Year Renovated: 2005
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1104
  • Total Sq Ft: 1104

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: WALLED
  • Waterfront: Yes
  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 60
  • Porch Type: Patio, Porch - Covered
  • Road Frontage Type: Paved
  • Water Frontage Feet: 30.00
  • Waterfront Description: Lake Front, Lake/River Priv

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Electricity
  • Garage: Yes

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: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 149.00

Schools

  • School District: Walled Lake

Lot Info

  • List Price per Acre: 12500.0000
  • Lot Features: Water View, Vacation Home
  • Lot Size Area: 0.16
  • Lot Dimensions: 60.76X110
  • Parcel Number: 2202329028

Multi Family

  • Length of Lease: 12 Months, 13-24 Months, 25-36 Months
  • Waterfront Features: All Sports Lake, Boat Facilities, Dock Facilities, Sea Wall

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2006
Sold by
Levy Jason and Levy Kimberlee E
Bought by
Levy Jason and Levy Kimberlee E
Current Estimated Value
$399,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,950
Interest Rate
6.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 23, 2003
Sold by
Rubin Kimberlee E
Bought by
Levy Jason and Rubin Kimberlee E

Purchase Details

Closed on
Apr 30, 2003
Sold by
Schroeder Theodore A
Bought by
Rubin Kimberlee
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
Levy Jason -- None Available
Levy Jason -- Lawyers Title Ins Corp
Rubin Kimberlee $240,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Levy Jason $39,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Rented $2,000 0.0% --
04/09/2018 04/09/18 For Rent $2,000 0.0% --
03/18/2017 03/18/17 Rented $2,000 0.0% --
03/07/2017 03/07/17 For Rent $2,000 +17.6% --
10/10/2015 10/10/15 Rented $1,700 -5.6% --
10/10/2015 10/10/15 Under Contract -- -- --
09/16/2015 09/16/15 For Rent $1,800 +5.9% --
09/23/2013 09/23/13 Rented $1,700 -5.6% --
09/23/2013 09/23/13 Under Contract -- -- --
09/10/2013 09/10/13 For Rent $1,800 0.0% --
06/25/2013 06/25/13 Rented $1,800 0.0% --
06/25/2013 06/25/13 Under Contract -- -- --
06/24/2013 06/24/13 For Rent $1,800 -- --
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 $5,197 $126,290 $0 $0
2022 $4,943 $122,220 $0 $0
2020 $4,555 $121,100 $44,800 $76,300
2015 -- $101,800 $0 $0
2014 -- $107,900 $0 $0
2011 -- $107,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Landlord's Agent in 2018

    Bob Dillon

    HouseLinkRealty

See All Agents

Map

Source: Realcomp

MLS Number: 218029110

Realcomp

APN: 22-02-329-028

Michigan Oakland County Novi 48377

1525 E Lake Dr, Novi, MI

This home is located at 1525 E Lake Dr, Novi, MI 48377 since 09 April 2018 and is currently priced at $399,731. This property was built in 1930. 1525 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.

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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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