NOT LISTED FOR SALE

24749 Reeds Pointe Dr Unit 38 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $732,000 - $801,081

3 Beds
4.5 Baths
2,802 Sq Ft
$277/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $700,000 $250 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,490/month

1 Day on Market

Highlights

  • 50 Feet of Waterfront
  • Dock Facilities
  • Cape Cod Architecture
  • Deerfield Elementary School Rated A+
  • In Ground Pool
  • Clubhouse

About This Home

As of June 2022

Act Fast* Luxury Lakefront Living At Its Finest* 4,000+ sq ft includes Finished Lower Level Walkout* 1st Floor Primary/Master Suite* WIC w/Organizers 2018* Remodeled En-Suite Bath w/Soaker Tub 2020* 2 Story Foyer & Great Room* Rod-Iron Staircase Spindles 2021* Upgraded Kitchen Cabinetry, Granite Counters, Tiered Snack Bar* Include All Stainless Appliances* Extensive use of Hardwood Floors, Recessed Lighting, Crown Molding, High Ceilings* Generous Size Rooms* Includes Upstairs Loft, LL Home Theater System w/2nd Kitchen* 2-Stone Fireplaces, 4 Full Baths* Wi-Fi Enabled Garage Door 2021, Plus Garage Wall Organizer 2018* Island Lake Features: Private Boat Dock, Boathouse, Fitness Center, Pool, Beaches, Nature Trails & More* Enjoy all Outdoor Activities in Winter & Summer* Koehler 1800KW Power Whole House Generator Stays* Hot Water Heater 2021* Close to CC High School, Novi Schools (Deerfield), Shopping, Restaurants, Expressways...* The Prettiest Sunset Views on the Water* Easy to Show!

Last Agent to Sell the Property

Crystal Halley

RE/MAX Classic License #6501148995 Listed on: 05/19/2022

RE/MAX Classic

Co-Listed By

James Halley

RE/MAX Classic License #6501205784

Last Buyer's Agent

Mousumi Sarkar

Real Estate One-Northville License #6501435477

Real Estate One-Northville

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 2005 | Remodeled in 2017

Lot Details

  • 50 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Property fronts an easement
  • Private Entrance
  • Sprinkler System

HOA Fees

  • $475 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 2,802 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Water Views
  • Security System Owned

Kitchen

  • Double Self-Cleaning Convection Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Parking

  • 2 Car Direct Access Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Dock Facilities
  • Boat Facilities
  • Deck
  • Covered patio or porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2219427038

Community Details

Overview

  • Lora Wright/Lora@Ksmanagement.Org Association, Phone Number (248) 285-4442
  • Island Lake South Harbor Subdivision
  • Swim Association
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,767

Year Built

Built in 2005 | Remodeled in 2017

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Cape Cod, Colonial, Townhouse
  • Architecture Level: 1 1/2 Story
  • Year Built: 2005
  • State Equalized Value: 313800.0000
  • Year Renovated: 2017
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Number Limit, Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Jetted Tub, Programmable Thermostat, Security Alarm (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement, Great Room
  • Room Count: 17
  • Total Bedrooms: 3
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access, Private
  • Kitchen Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Dryer, Free-Standing Refrigerator, Gas Cooktop, Microwave, Self Cleaning Oven, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 3602
  • Sq Ft Lower Floor: 800
  • Total Sq Ft: 2802
  • Sq Ft Total Bsmt: 1642

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Island Lake
  • Pool: Yes
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Stone, Wood
  • Exterior Features: Tennis Court, Club House, Grounds Maintenance, Lighting, Private Entry, Pool – Community, Pool - Inground
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered, Deck, Patio, Porch, Patio - Covered
  • Road Frontage Type: Paved, Private, Pub. Sidewalk
  • Sideof Street: W
  • Water Frontage Feet: 50.00
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Heated, Attached
  • 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)

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: 2482854442
  • Association Fee: 475
  • Association Contact: Lora Wright/lora@KSManagement.org
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Easement, Sprinkler(s), Water View
  • Parcel Number: 2219427038

Tax Info

  • Tax Amount Summer: 9308.0000
  • Tax Amount Winter: 3459.0000
  • Total Tax: 12767.0000

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

Closed on
Dec 14, 2023
Sold by
Tran Vinh Huu and Tran Elizabeth Anne
Bought by
Tran Vinh Huu and Tran Vinh Huu
Total Days on Market
1
Current Estimated Value
$775,770

Purchase Details

Listed on
May 19, 2022
Closed on
Jun 10, 2022
Sold by
Mosley David L
Bought by
Tran Vinh Huu and Tran Elizabeth Anne
Seller's Agent
Crystal Halley
RE/MAX Classic
Buyer's Agent
Mousumi Sarkar
Real Estate One-Northville
List Price
$700,000
Sold Price
$700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.50%
Original Mortgage
$500,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2018
Closed on
May 1, 2018
Sold by
Ernest W Moegelin Trust
Bought by
Mosley David L
Seller's Agent
Crystal Halley
RE/MAX Classic
Buyer's Agent
Crystal Halley
RE/MAX Classic
List Price
$575,000
Sold Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$460,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 24, 2012
Closed on
Feb 11, 2013
Sold by
Bank Gary T and Bank Susan R
Bought by
Ernest W Moegelin Trust
Seller's Agent
Crystal Halley
RE/MAX Classic
Buyer's Agent
Ruthie Rathbun
Century 21 Signature Realty
List Price
$449,900
Sold Price
$485,000
Premium/Discount to List
$35,100
7.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.31%

Purchase Details

Closed on
Nov 6, 2007
Sold by
Piana Richard
Bought by
U S Bank Na and Structured Asset Securities Corp Series
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tran Vinh Huu -- None Listed On Document
Tran Vinh Huu $700,000 None Listed On Document
Tran Vinh Huu $700,000 None Listed On Document
Mosley David L $575,000 None Available
Ernest W Moegelin Trust $485,000 None Available
U S Bank Na $477,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tran Vinh Huu $500,000
Previous Owner Mosley David L $460,000
Previous Owner Bank Gary T $252,500
Previous Owner Bank Gary T $250,000
Previous Owner Bank Gary T $337,500
Previous Owner Piana Richard $85,000
Previous Owner Piana Richard $471,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $700,000 0.0% $250 / Sq Ft
05/21/2022 05/21/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $700,000 +21.7% $250 / Sq Ft
05/01/2018 05/01/18 Sold $575,000 0.0% $205 / Sq Ft
04/01/2018 04/01/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $575,000 0.0% $205 / Sq Ft
05/15/2014 05/15/14 Rented $3,350 0.0% --
05/12/2014 05/12/14 Under Contract -- -- --
05/07/2014 05/07/14 For Rent $3,350 0.0% --
02/11/2013 02/11/13 Sold $485,000 +7.8% $173 / Sq Ft
01/10/2013 01/10/13 Pending -- -- --
12/24/2012 12/24/12 For Sale $449,900 -- $161 / 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 $10,773 $344,560 $0 $0
2022 $11,557 $317,990 $0 $0
2020 $9,666 $311,850 $75,000 $236,850
2015 -- $256,200 $0 $0
2014 -- $237,700 $0 $0
2011 -- $177,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2220038086

Realcomp

APN: 22-19-427-038