NOT LISTED FOR SALE

24522 Acorn Trail Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $997,000 - $1,177,000

5 Beds
4 Baths
3,782 Sq Ft
$277/Sq Ft Est. Value

Last Sold July 25, 2016

Last sale price $649,995 $172 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $6,960/month

129 Days on Market

Highlights

  • Outdoor Pool
  • Lake Privileges
  • Wooded Lot
  • Deerfield Elementary School Rated A+
  • Colonial Architecture
  • Covered patio or porch

About This Home

As of July 2016

AMAZING VALUE on this recently reduced, newly built 2016 Toll Brothers "Columbia II Lexington" home. MOVE-IN READY. Novi's finest resort community-Island Lake of Novi. East-facing home site backing to treed area with Acclaimed Novi Schools. Grand 2-story foyer, columned library, formal Liv & Din rooms, spacious kitchen open to light-filled Naples Sunroom overlooking gorgeous backyard setting. 1st Floor Guest Bedroom w/attached Full Bath. Exquisite interior finishes: 5" wide hardwood flooring, upgraded Maple "Espresso" kitchen cabinetry, subway tile backsplash, Stainless Steel appliances & large island w/ granite counters. Vaulted Fam Rm w/ full stone fireplace and rear stairway leading to the 2nd floor with 4 additional bedrooms: Luxe Master Bedroom w/ HUGE walk-in closet, a Princess Suite and the other 2 bedrooms w/ a Jack-and-Jill bath. Lots of crown molding, Andersen windows, full brick & Hardie plank siding. Sod and Irrigation included. Includes builder's full warranty.

Last Agent to Sell the Property

Christopher Arvanites

Toll Realty Michigan Inc License #6501286478 Listed on: 01/23/2016

Toll Realty Michigan Inc

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 2016

Lot Details

  • Lot Dimensions are 96x130
  • Wooded Lot

HOA Fees

  • $134 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,782 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Unfinished Basement
  • Walk-Up Access

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Lake Privileges
  • Covered patio or 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 2220304053

Community Details

Overview

  • The Reserve Of Island Lake Condo Occpn 2048 Subdivision
  • Swim Association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,684

Year Built

Built in 2016

Lot Details

0

HOA Fees

$134 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Warranty: Yes
  • Year Built: 2016
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 16
  • Total Bedrooms: 5
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished, Walk-Up Access
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Range/Stove
  • Sq Ft Combined: 3782
  • Total Sq Ft: 3782
  • Sq Ft Total Bsmt: 1700

Exterior Features

  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Construction Features: Quick Delivery Home
  • Exterior Features: Pool – Community
  • Foundation Materials: Poured
  • Frontage Feet: 96
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved
  • Waterfront Description: Lake/River Priv

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air, Zoned
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 134
  • Association Fee: No

Schools

  • School District: Novi

Lot Info

  • Lot Features: Wooded
  • Lot Dimensions: 96x130
  • Parcel Number: 2220304053

Tax Info

  • Tax Amount Summer: 1969.0000
  • Tax Amount Winter: 715.0000
  • Total Tax: 2684.0000

Multi Family

  • Waterfront Features: Swim Association

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2016
Closed on
Jul 18, 2016
Sold by
Xu Liqun
Bought by
Xu Liqun and Chen Yu
Seller's Agent
Christopher Arvanites
Toll Realty Michigan Inc
Buyer's Agent
Wendy Liu
Community Choice Realty Inc
List Price
$689,995
Sold Price
$649,995
Premium/Discount to List
-$40,000
-5.8%
Total Days on Market
129
Current Estimated Value
$1,047,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,067
Avg. Annual Appreciation
5.29%
Original Mortgage
$519,000
Outstanding Balance
$421,211
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$606,880
Source: Public Records

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Range of Values:

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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
Xu Liqun -- None Available
Xu Liqun $649,995 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Liqun $519,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2016 07/25/16 Sold $649,995 0.0% $172 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
05/29/2016 05/29/16 Price Changed $649,995 -5.8% $172 / Sq Ft
01/23/2016 01/23/16 For Sale $689,995 -- $182 / 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 $11,647 $371,550 $0 $0
2022 $12,828 $352,560 $0 $0
2020 $11,053 $356,650 $67,000 $289,650
2015 -- $60,000 $0 $0
2014 -- $50,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christopher Arvanites

    Seller's Agent in 2016

    Christopher Arvanites

    Toll Realty Michigan Inc

    (248) 534-5014

    117 Total Sales

    Christopher Arvanites
    Section Image
  • Wendy Liu

    Buyer's Agent in 2016

    Wendy Liu

    Community Choice Realty Inc

    1 in this area

    22 Total Sales

    Wendy Liu
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 216007187

Realcomp

APN: 22-20-304-053

Michigan Oakland County Novi 48374 Island Lake

24522 Acorn Trail, Novi, MI

This home is located at 24522 Acorn Trail, Novi, MI 48374 since 23 January 2016 and is currently estimated at $1,047,062, approximately $276 per square foot. This property was built in 2016. 24522 Acorn Trail is a home located in Oakland County with nearby schools including Deerfield Elementary School, Novi Middle School, and Novi 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.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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