$560,000
SOLD JUL 23, 2014

24775 Reeds Pointe Dr Unit 34 Novi, MI 48374

Island Lake Neighborhood
4 Beds
3.5 Baths
2,658 Sq Ft
$383/mo HOA Fee

Recently Sold

$211 Per Sq Ft

7% Below List Price

20 Days on Market

Highlights

  • Lake Front
  • Dock Facilities
  • Colonial Architecture
  • Deerfield Elementary School Rated A+
  • Outdoor Pool
  • Clubhouse

About This Home

As of June 2016

RELOCATION APPROVED DRAMATIC PRICE DECREASE!! ISLAND LAKE OF NOVI WATERFRONT CONDO W/ STUNNING VIEWS & PRIVATE OUTDOOR SPACES, THIS IS ONE OF THE LARGEST FLOORPLANS IN THE COMMUNITY OFFERING 3 UPPER BEDROOMS AND 4TH BEDROOM/LOFT. RECENTLY REMODELED (2013) OVER $75K IN HIGH END DESIGNER TOUCHES. GOURMET GRANITE KITCHEN W/ GLAZED MAPLE CABINETS, STAINLESS STEEL APPLIANCES, HIGH END STAINLESS STEEL DIRECT VENTED HOOD FAN, ADDITIONAL SEATING AT COUNTERS, NOOK OPEN TO FAMILY ROOM W/ GAS FIREPLACE W/ CERAMIC SURROUND, GORGEOUS 5"PLANK EBONY FLOORS INSTALLED 2013, CUSTOM QUALITY PAINT THRU-OUT, UPDATED BATHROOMS, EXTENSIVE LIGHTING UPGRADES & ADDED RECESSED LIGHTING & FIXTURES THRU-OUT, UPDATED HARDWARE, ELEGANT CHANDELIERS, MASTER SUITE W/ CUSTOM ORGANIZER, RELAX IN THE JET TUB W/ LAKEVIEWS, MASTER BATH W/ SEPARATE SHOWER & DUAL SINKS, 4TH BEDRM ALSO IS LOFT ON LAKE SIDE W/ SKYLIGHT FOR THOSE FRESH LAKE BREEZES, IRON RAILS, PATIO & UPPER LEVEL DECK ADD EXTRA ENTERTAINING SPACE.

Last Agent to Sell the Property

Heidi Rhome

Keller Williams Advantage Northville License #6501333244 Listed on: 05/22/2014

Keller Williams Advantage Northville

Last Buyer's Agent

Brad Stefanko

Trademark Realty & Investment, LLC License #RCO-6501355833

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2005

Lot Details

  • Lake Front
  • Private Entrance

HOA Fees

  • $383 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,658 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Water Views
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Dock Facilities
  • Boat Facilities
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2219427034

Community Details

Overview

  • Island Lake South Harbor Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,601

Year Built

Built in 2005

Lot Details

0

HOA Fees

$383 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2005
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 15
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 3808
  • Sq Ft Lower Floor: 1150
  • Total Sq Ft: 2658
  • Sq Ft Total Bsmt: 1300

Exterior Features

  • Pool: Yes
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exclusions: Yes
  • Exterior Features: Club House, Grounds Maintenance, Lighting, Pool – Community, Private Entry, Tennis Court
  • Foundation Materials: Poured
  • Porch Type: Balcony, Deck, Patio
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • 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)
  • Laundry Facilities: No

Condo/Co-op/Association

  • HOA Fee Includes: Water
  • Association Fee Frequency: Monthly
  • Association Fee: 383
  • Association Fee: No

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Water View
  • Parcel Number: 2219427034

Tax Info

  • Tax Amount Summer: 6232.0000
  • Tax Amount Winter: 1369.0000
  • Total Tax: 7601.0000

Multi Family

  • Waterfront Features: Boat Facilities, Dock Facilities

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2020
Sold by
Kiefer Steven Arthur
Bought by
Felix Ronald Michael and Felix Suzanne
Total Days on Market
20
Current Estimated Value
$802,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$448,494
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$353,931

Purchase Details

Closed on
Dec 6, 2016
Sold by
Kiefer Paula Katherine
Bought by
Kiefer Steven Arthur

Purchase Details

Listed on
Mar 17, 2016
Closed on
Jun 2, 2016
Sold by
M Kas Enterprises Inc
Bought by
Kiefer Steven A
Seller's Agent
Brad Stefanko
Trademark Realty & Investment, LLC
Buyer's Agent
Patti Mullen
Remerica Hometown One
List Price
$635,000
Sold Price
$615,000
Premium/Discount to List
-$20,000
-3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.99%

Purchase Details

Listed on
Nov 15, 2011
Closed on
Feb 28, 2012
Sold by
Arnold Ullrich and Arnold Barbara
Bought by
Currie Stephane A
Seller's Agent
Don Reed
Remirus
Buyer's Agent
Heidi Rhome
Keller Williams Advantage Northville
List Price
$479,000
Sold Price
$436,000
Premium/Discount to List
-$43,000
-8.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%

Purchase Details

Closed on
Oct 21, 2011
Sold by
Heaphy Michael
Bought by
Arnold Ullrich

Purchase Details

Closed on
Apr 15, 2008
Sold by
Ray William F and Kralowski Larry J
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Sep 23, 2005
Sold by
Toll Mi Limited Partnership
Bought by
Kralowski Larry J and Ray William F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,900
Interest Rate
5.88%
Mortgage Type
Stand Alone Second
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 Type Sale Price Title Company
Warranty Deed $625,000 Fnt
Interfamily Deed Transfer -- None Available
Warranty Deed $615,000 None Available
Warranty Deed $435,000 None Available
Warranty Deed $311,000 None Available
Sheriffs Deed $433,502 None Available
Warranty Deed $558,662 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $261,600 Purchase Money Mortgage
Previous Owner $101,900 Stand Alone Second
Previous Owner $400,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2016 06/02/16 Sold $615,000 -3.1% $231 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $635,000 0.0% $239 / Sq Ft
09/09/2014 09/09/14 Rented $3,500 -12.3% --
09/08/2014 09/08/14 Under Contract -- -- --
07/29/2014 07/29/14 For Rent $3,990 0.0% --
07/23/2014 07/23/14 Sold $560,000 -6.5% $211 / Sq Ft
06/11/2014 06/11/14 Pending -- -- --
05/22/2014 05/22/14 For Sale $599,000 +37.4% $225 / Sq Ft
02/28/2012 02/28/12 Sold $436,000 -9.0% $164 / Sq Ft
02/27/2012 02/27/12 Pending -- -- --
11/15/2011 11/15/11 For Sale $479,000 -- $180 / 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 $9,749 $321,490 $0 $0
2022 $10,794 $296,800 $0 $0
2020 $11,237 $292,550 $75,000 $217,550
2015 -- $248,700 $0 $0
2014 -- $237,600 $0 $0
2011 -- $177,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214048379

Realcomp

APN: 22-19-427-034