NOT LISTED FOR SALE

24586 Acorn Trail Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $883,000 - $977,000

5 Beds
4 Baths
3,657 Sq Ft
$257/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $710,000 $194 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,382/month

36 Days on Market

Highlights

  • Dock Facilities
  • Tennis Courts
  • Lake Privileges
  • Deerfield Elementary School Rated A+
  • Outdoor Pool
  • Colonial Architecture

About This Home

As of May 2021

STUNNING 5 BDRM 4 FULL BATH 3 CAR GARAGE HOME IN BEAUTIFUL ISLAND LAKE OF NOVI. THIS IMMACULATE HOME OFFERS A GRAND 2 STORY FOYER FORMAL ADDITIONAL 2ND OFFICE/DEN/BDRM ON ENTRY LEVEL.THE OPEN FLOOR PLAN INVITES YOU INTO A DRAMATIC 2-STORY FAMILY RM WITH CATHEDRAL CEILING, FLOOR TO CEILING WINDWS, FP. CHEFS DREAM KITCHEN WITH SPACIOUS QUARTZ COUNTERTOPS, LARGE CENTER ISLAND, GLASS TILE BACK SPLASH, 42" CABINETRY AND TOP NOTCH SS APPLIANCES. HARD WD FLOORS COVERS ALMOST THE ENTIRE ENTRY LEVEL.LUXURIOUS MASTER SUITE WITH TREY CEILING FEATURES PRIVATE BATH AND LARGE WALK IN CLOSETS.THIS GORGEOUS FLOOR PLAN INCLUDES JACK&JILL BATH. UNFINISHED BASEMENT WITH 10 FT CEILING, EGRESS WINDW & ROUGH IN PLUMBING. LOTS OF UPGRADES INCLD: Palladian Kitchen, California closets, Hunter Douglas BlindS,Added upgraded insulation for the walls AND MUCH MORE, SEE ATTACHED DOCS!! TOP RANKED NOVI SCHOOLS. RESORT STYLE LIVING WITH PRIVATE LAKE, CLUB HOUSE, SWIMMING POOL, TENNIS, BOAT DOCKS. NORTH FACING HOUSE.

Last Agent to Sell the Property

Neal Parikh

Choice Real Estate Services License #6502341035 Listed on: 04/09/2021

Choice Real Estate Services

Last Buyer's Agent

Oliver Kalasho

Level Plus Realty License #RCO-6501408126

Level Plus Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2017

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 90x125x93x147
  • Property fronts a private road
  • Sprinkler System

HOA Fees

  • $120 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 3,657 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace

Kitchen

  • Convection Oven
  • Built-In Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Sump Pump
  • Basement Window Egress

Home Security

  • Security System Leased
  • Carbon Monoxide Detectors

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Dock Facilities
  • Boat Facilities
  • Lake Privileges
  • Tennis Courts
  • Covered patio or porch
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • ENERGY STAR Qualified Air Conditioning
  • Humidifier
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • ENERGY STAR Qualified Water Heater
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2220304049

Community Details

Overview

  • Kramer Trail Management Group Llc Association, Phone Number (248) 888-4700
  • The Reserve Of Island Lake Condo Occpn 2048 Subdivision
  • Swim Association

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,425

Year Built

Built in 2017

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 86.98
  • Year Built: 2017
  • State Equalized Value: 357750.0000
  • Foundation Features: Drainage System | Sealed Foundation | Sump Pump
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Humidifier, Programmable Thermostat, Carbon Monoxide Alarm(s), Security Alarm (rented), Cable Available, Egress Window(s)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 15
  • Total Bedrooms: 5
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Vented Exhaust Fan, Built-In Gas Range, Convection Oven, Disposal, Dryer, ENERGY STAR® qualified dishwasher, ENERGY STAR® qualified refrigerator, Exhaust Fan, Gas Cooktop, Microwave, Range Hood, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 3657
  • Total Sq Ft: 3657
  • Sq Ft Total Bsmt: 1320

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: ISLAND LAKE
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exclusions: Yes
  • Exterior Features: Tennis Court, Club House, Lighting, Pool – Community
  • Foundation Materials: Poured
  • Frontage Feet: 90
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved, Private
  • Waterfront Description: Lake Privileges

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Electricity, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, ENERGY STAR® Qualified A/C Equipment
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Electric
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: 2488884700/www.kramertraid.com
  • Association Fee: 120
  • Association Contact: Kramer - Trail Management Group llc
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s)
  • Lot Size Area: 0.28
  • Lot Dimensions: 90x125x93x147
  • Parcel Number: 2220304049

Green Features

  • Green Energy Efficient: Appliances | Water Heater

Tax Info

  • Tax Amount Summer: 11087.0000
  • Tax Amount Winter: 2338.0000
  • Total Tax: 13425.0000
  • Taxable Value: 357750.0000

Multi Family

  • Waterfront Features: Boat Facilities, Dock Facilities, Swim Association

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 24, 2021
Sold by
Venkatesan Srinivasan
Bought by
Vargas John E
Seller's Agent
Neal Parikh
Choice Real Estate Services
Buyer's Agent
Oliver Kalasho
Level Plus Realty
List Price
$729,900
Sold Price
$710,000
Premium/Discount to List
-$19,900
-2.73%
Total Days on Market
36
Current Estimated Value
$939,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,850
Avg. Annual Appreciation
7.15%
Original Mortgage
$575,952
Outstanding Balance
$527,097
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$412,753

Purchase Details

Closed on
May 30, 2017
Sold by
Toll Mi Ii Lp
Bought by
Venkatesan Srinivasan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,939
Interest Rate
4.02%
Mortgage Type
New Conventional
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
Vargas John E $710,000 First American Title Ins Co
Venkatesan Srinivasan $658,674 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas John E $575,952
Previous Owner Venkatsen Srinivasan $485,000
Previous Owner Venkatesan Srinivasan $526,939
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $710,000 -2.7% $194 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $729,900 -- $200 / 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 $71 $349,990 $0 $0
2022 $17,450 $332,260 $0 $0
2020 $11,087 $357,750 $67,000 $290,750
2015 -- $60,000 $0 $0
2014 -- $50,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Neal Parikh

    Choice Real Estate Services

    (248) 767-1149

    1 in this area

    58 Total Sales

    Section Image

  • O

    Buyer's Agent in 2021

    Oliver Kalasho

    Level Plus Realty

    (248) 752-8718

    1 in this area

    6 Total Sales

    Oliver Kalasho
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210023080

Realcomp

APN: 22-20-304-049

Michigan Oakland County Novi 48374 Island Lake

24586 Acorn Trail, Novi, MI

This home is located at 24586 Acorn Trail, Novi, MI 48374 since 09 April 2021 and is currently estimated at $939,850, approximately $257 per square foot. This property was built in 2017. 24586 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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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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