NOT LISTED FOR SALE

Estimated Value: $1,062,000 - $1,201,000

4 Beds
4.5 Baths
4,000 Sq Ft
$278/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $850,000 $212 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $7,126/month

58 Days on Market

Highlights

  • Tennis Courts
  • Newly Remodeled
  • Colonial Architecture
  • Novi High School Rated A+
  • Outdoor Pool
  • Clubhouse

About This Home

As of August 2017

TOLL BROTHERS BUILDERS MODEL FOR SALE AT ISLAND LAKE OF NOVI WITH NOVI SCHOOLS - This BREATH-TAKING home is simply amazing! The popular ELLSWORTH II CAROLINA model home offers a grand 2 story foyer, spacious living & formal dining room. Well equipped kitchen with counter space & large center island. Hardwood flooring is throughout the home. The Naples Sunroom is beautiful, bright and airy. Dramatic 2-story family room with fireplace. Study creates space guaranteed to ensure privacy & comfort. Luxurious master features private bath & large walk-in closet. The 3rd floor loft is incredibly open. Other impressive highlights include 9 ft ceilings throughout 1st & 2nd floor. Convenient mudroom with built-in storage. Includes a Princess Suite, Jack-and-Jill Bath, 2nd floor laundry room. Finished basement with bar and tons of storage space. Resort living with private 170-Acre Lake, swimming pools, boathouse, fitness center, and miles of trails. Model is Open Daily from 11-6.

Last Agent to Sell the Property

Christopher Arvanites

Toll Realty Michigan Inc License #6501286478 Listed on: 03/05/2017

Toll Realty Michigan Inc

Last Buyer's Agent

Tushar Vakhariya

KW Domain License #RCO-6501279268

KW Domain

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 96x173x94x175
  • Property fronts a private road

HOA Fees

  • $134 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 4,000 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Finished Basement
  • Sump Pump
  • Security System Owned

Kitchen

  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Tennis Courts
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2220304039

Community Details

Overview

  • The Reserve Of Island Lake Condo Occpn 2048 Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,595

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

HOA Fees

$134 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Warranty: Yes
  • Year Built: 2014
  • Foundation Features: Sump Pump
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Cable Available, Security Alarm (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 16
  • Total Bedrooms: 4
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, ENERGY STAR® qualified dishwasher, ENERGY STAR® qualified refrigerator, Microwave, Range/Stove
  • Sq Ft Combined: 5000
  • Sq Ft Lower Floor: 1000
  • Total Sq Ft: 4000
  • Sq Ft Total Bsmt: 1800

Exterior Features

  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Construction Features: Const. Start Upon Sale, New Construction
  • Exterior Features: Club House, Lighting, Pool – Community, Tennis Court
  • Foundation Materials: Poured
  • Frontage Feet: 100
  • Porch Type: Porch
  • Road Frontage Type: Private

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Direct Access, Door Opener, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Zoned
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Community, Water at Street
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 134
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • List Price per Acre: 2368407.8947
  • Lot Size Area: 0.38
  • Lot Dimensions: 96x173x94x175
  • Parcel Number: 2220304039

Tax Info

  • Tax Amount Summer: 10939.0000
  • Tax Amount Winter: 3656.0000
  • Total Tax: 14595.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2017
Closed on
Jul 26, 2017
Sold by
Toll Mi Ii Partnership
Bought by
Thirumoorthi Arul S and Sadayappan Sangeeth P
Seller's Agent
Christopher Arvanites
Toll Realty Michigan Inc
Buyer's Agent
Tushar Vakhariya
KW Domain
List Price
$899,995
Sold Price
$850,000
Premium/Discount to List
-$49,995
-5.56%
Current Estimated Value
$1,112,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,113
Avg. Annual Appreciation
3.05%
Original Mortgage
$850,000
Interest Rate
3.65%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Thirumoorthi Arul S $850,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Thirumoorthi Arul S $786,250
Closed Thirumoorthi Arul $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $850,000 -5.6% $213 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
03/05/2017 03/05/17 For Sale $899,995 -- $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 $12,807 $411,680 $0 $0
2022 $14,177 $390,030 $0 $0
2020 $12,205 $394,100 $67,000 $327,100
2015 -- $354,500 $0 $0
2014 -- $50,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217016715

Realcomp

APN: 22-20-304-033