NOT LISTED FOR SALE

24710 Terra Del Mar Dr Unit 32 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $1,017,000 - $1,176,000

5 Beds
4.5 Baths
3,723 Sq Ft
$290/Sq Ft Est. Value

Last Sold April 10, 2015

Last sale price $700,000 $188 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,775/month

129 Days on Market

Highlights

  • Water Views
  • Tennis Courts
  • Lake Privileges
  • Novi High School Rated A+
  • Outdoor Pool
  • Colonial Architecture

About This Home

As of April 2015

***MULTIPLE OFFERS*** AMAZING HOME IN ISLAND LAKE OF NOVI. OVER 6,000 FINISHED SQ FT INCLUDING A STUNNING WALK-OUT BASEMENT. NO EXPENSE WAS SPARED W/ OVER $250,000 IN UPGRADES - PRIME LOT COUPLE BLOCKS FROM LAKE & BOATHOUSE - 2 STORY GREAT ROOM W/ STONE FIREPLACE - AMAZING KITCHEN W/ GRANITE COUNTERTOPS, 42 IN CABINETS, STAINLESS STEEL APPLIANCES - SOLARIUM - EUROPEAN STEAM ROOM - SLATE WET BAR W/ GRANITE COUNTERTOPS, WINE COOLER, FRIDGE AND DISHWASHER - SURROUND SYSTEM THROUGHOUT HOME. THIS ONE IS A MUST SEE.

Last Agent to Sell the Property

Wes McCaig

Visible Homes LLC License #6502361025 Listed on: 07/27/2014

Last Buyer's Agent

Elisa Chen

Community Choice Realty Inc License #6501334943

Community Choice Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 120x175

HOA Fees

  • $130 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 3,723 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Sound System
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Water Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Jetted Tub in Primary Bathroom

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Lake Privileges
  • Tennis Courts
  • Deck
  • Patio
  • Breezeway

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2219376020

Community Details

Overview

  • Island Lake Orchards Condo Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,766

Year Built

Built in 2005

Lot Details

0

HOA Fees

$130 per month

Listing Details

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

Interior Features

  • Interior Amenities: Jetted Tub, Sound System, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas, Natural
  • Fireplace Locations: Basement, Great Room
  • Room Count: 15
  • Total Bedrooms: 5
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 6094
  • Sq Ft Lower Floor: 2371
  • Total Sq Ft: 3723
  • Sq Ft Total Bsmt: 2581

Exterior Features

  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Club House, Pool – Community, Tennis Court
  • Foundation Materials: Poured
  • Frontage Feet: 1
  • Porch Type: Breezeway, Deck, Patio
  • Road Frontage Type: Paved
  • Waterfront Description: Lake/River Priv

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Association Fee: 390
  • Association Fee: No

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Water View
  • Lot Dimensions: 120X175
  • Parcel Number: 2219376020

Tax Info

  • Tax Amount Summer: 8239.0000
  • Tax Amount Winter: 1527.0000
  • Total Tax: 9766.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2014
Closed on
Apr 10, 2015
Sold by
Maher Christopher
Bought by
Xu Fan and Xu Zhuxian
Seller's Agent
Wes McCaig
Visible Homes LLC
Buyer's Agent
Elisa Chen
Community Choice Realty Inc
List Price
$719,900
Sold Price
$700,000
Premium/Discount to List
-$19,900
-2.76%
Current Estimated Value
$1,078,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,866
Avg. Annual Appreciation
4.19%
Original Mortgage
$417,000
Outstanding Balance
$153,163
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$925,703

Purchase Details

Listed on
Jul 27, 2014
Closed on
Mar 4, 2015
Sold by
Maher Edwina
Bought by
Maher Edwina
Seller's Agent
Wes McCaig
Visible Homes LLC
Buyer's Agent
Elisa Chen
Community Choice Realty Inc
List Price
$719,900
Sold Price
$700,000
Premium/Discount to List
-$19,900
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$153,163
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$925,703

Purchase Details

Closed on
Apr 25, 2005
Sold by
Toll Mi Ii Lp
Bought by
Maher Christopher
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
Xu Fan $700,000 Fat
Maher Edwina -- None Available
Maher Christopher $750,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Fan $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2015 04/10/15 Sold $700,000 -2.8% $188 / Sq Ft
12/03/2014 12/03/14 Pending -- -- --
07/27/2014 07/27/14 For Sale $719,900 -- $193 / 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 $11,828 $382,640 $0 $0
2022 $10,756 $360,040 $0 $0
2020 $11,335 $365,800 $65,000 $300,800
2015 -- $325,750 $0 $0
2014 -- $301,900 $0 $0
2011 -- $269,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214076621

Realcomp

APN: 22-19-376-020