NOT LISTED FOR SALE

24799 Reeds Pointe Dr Unit 31 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $697,159 - $747,000

3 Beds
3.5 Baths
2,476 Sq Ft
$383/mo HOA Fee

Last Sold May 01, 2013

Last sale price $485,000 $196 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,120/month

14 Days on Market

Highlights

  • Lake Front
  • Outdoor Pool
  • Deck
  • Deerfield Elementary School Rated A+
  • Clubhouse
  • Jetted Tub in Primary Bathroom

About This Home

As of May 2013

*LAKEFRONT LIVING* BEAUTIFUL TURN KEY HOME ON ISLAND LAKE. 2 STORY FOYER & GREAT ROOM. FULL WINDOW WALLS IN DINING ROOM AND MBR FACING LAKE WITH WESTERN EXPOSURE. MASTER SUITE W/JETTED TUB, WALK-IN CLOSET. GORGEOUS HARDWOOD FLOORS, MAPLE AND GRANITE KITCHEN W/STAINLESS APPS. RECESSED LTNG, CROWN MLDG & 2 ELECT FIREPLACES. HOT TUB(07)+NEW COVER. COMMUNITY BOAT HOUSE, FITNESS CENTER, NATURE TRAILS. MOVE IN READY. NOVI SCHOOLS.

Last Agent to Sell the Property

Jamey Kramer

RE/MAX Classic License #6501261596 Listed on: 03/18/2013

RE/MAX Classic

Last Buyer's Agent

Crystal Halley

RE/MAX Classic License #6501148995

RE/MAX Classic

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2005

Lot Details

  • Lake Front

HOA Fees

  • $383 Monthly HOA Fees

Home Design

  • Stone Siding

Interior Spaces

  • 2,476 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Fireplace in Basement

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Deck
  • Patio
  • Exterior Lighting
  • Breezeway

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2219427031

Community Details

Overview

  • Island Lake South Harbor Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Pool
  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,590

Year Built

Built in 2005

Lot Details

0

HOA Fees

$383 per month

Listing Details

  • Property Type: Condominium
  • Architecture Level: 2 Story
  • Year Built: 2005
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Humidifier, Jetted Tub, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement
  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Trash Compactor, Washer
  • Sq Ft Combined: 2476
  • Total Sq Ft: 2476

Exterior Features

  • Waterfront Name: ISLAND LAKE
  • Pool: Yes
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Stone
  • Exterior Features: BBQ Grill, Club House, Lighting, Pool – Community, Tennis Court
  • Porch Type: Deck, Patio, Breezeway
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Electricity, Door Opener
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 383
  • Association Fee: No

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Parcel Number: 2219427031

Tax Info

  • Tax Amount Summer: 5403.0000
  • Tax Amount Winter: 1187.0000
  • Total Tax: 6590.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2025
Sold by
Milligan Robert A and Milligan Kellie J
Bought by
Milligan Trust and Milligan
Total Days on Market
14
Current Estimated Value
$714,290

Purchase Details

Listed on
Mar 18, 2013
Closed on
May 1, 2013
Sold by
Hesse R Kurt and Hesse Jane
Bought by
Milligan Robert A and Milligan Kellie J
Seller's Agent
Jamey Kramer
RE/MAX Classic
Buyer's Agent
Crystal Halley
RE/MAX Classic
List Price
$500,000
Sold Price
$485,000
Premium/Discount to List
-$15,000
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
Original Mortgage
$285,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2006
Sold by
Toll Mi Ii Lp
Bought by
Hesse R Kurt and Hesse Jane

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
Interest Rate
6.25%
Mortgage Type
Unknown
Source: Public Records

Similar Homes in Novi, MI

  • 49645 Timber Trail Unit 7, Novi, MI 48374

    $565,000

    • 3 Beds
    • 3.5 Baths
    • 2,658 Sq Ft
    • 49645 Timber Trail
    • Unit 7
    • Novi, MI

    **HIGHEST AND BEST DUE BY SUNDAY AUGUST 27th @ 7pm**GORGEOUS COLONIAL CONDO IN HIGHLY DESIRABLE ISLAND LAKE NORTH WOODS! FABULOUS SETTING BACKING TO WOODS OFFERS BEAUTIFUL VIEWS AND LOTS OF PRIVACY. GREAT CURB APPEAL FROM THE EXTENSIVE PROFESSIONAL LANDSCAPING. INSIDE YOU’LL FIND LOTS OF UPDATES, HARDWOOD FLOORS THROUGHOUT MOST OF MAIN LEVEL AND A BRIGHT OPEN FLOOR PLAN. FRESHLY PAINTED

    Jamey Kramer RE/MAX Classic

    Section Image
  • 25654 Island Lake Dr Unit 62, Novi, MI 48374

    $700,000

    • 3 Beds
    • 3.5 Baths
    • 2,476 Sq Ft
    • 25654 Island Lake Dr
    • Unit 62
    • Novi, MI

    Island Lake living at its finest! Wake up to the morning sun with beautiful views of Island Lake. This tastefully decorated 2 story 2,450 sq. ft. condo 3 bed 3/5 bath condo fits that leisurely lake lifestyle. Wide plank hardwood flooring t/o first level. Open kitchen with maple cabinetry, granite counters, newer lighting, breakfast nook and living room with stone finish gas fireplace, 2 story

    Paul Mruk RE/MAX Classic

    Section Image
  • 48854 Windfall Rd, Novi, MI 48374

    $729,000

    • 3 Beds
    • 3 Baths
    • 1,854 Sq Ft
    • 48854 Windfall Rd
    • Novi, MI

    Welcome to 48854 Windfall – A Stunning Bayport Model in Villas at StonebrookThis exceptional 3-bedroom, 3-bath detached condo offers a rare blend of luxury, functionality, and location. Built in 2022 with a premium elevation, this home stands out with thoughtful upgrades and immaculate condition.The open-concept layout features hardwood flooring throughout the Great Room, Dining Room, Sunroom,

    Steven Potocsky Real Estate One-Northville

    Section Image
  • 43030 Atwood Ave, Novi, MI 48375

    $571,690

    • 3 Beds
    • 3.5 Baths
    • 2,545 Sq Ft
    • 43030 Atwood Ave
    • Novi, MI

    To be Built with move-in June 2025! The Halston features 3-bedrooms, 3.5 baths, 2nd floor Laundry and more! The open concept layout is perfect for hosting friends & family. The Stunning natural light filled gathering room, flex/home office, and specious loft area provide ample room for growing family and those who love to host and entertain. This is a modern open floorplan boast with harwood

    Heather Shaffer PH Relocation Services LLC

    Section Image

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
Milligan Trust -- None Listed On Document
Milligan Trust -- None Listed On Document
Milligan Robert A $485,000 None Available
Hesse R Kurt $598,438 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Milligan Robert $285,000
Previous Owner Hesse Ralph Kurt $316,000
Previous Owner Hesse R Kurt $417,000
Previous Owner Hesse R Kurt $143,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2013 05/01/13 Sold $485,000 -3.0% $196 / Sq Ft
04/01/2013 04/01/13 Pending -- -- --
03/18/2013 03/18/13 For Sale $500,000 -- $202 / 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 $8,719 $311,840 $0 $0
2022 $9,658 $287,940 $0 $0
2020 $7,864 $283,800 $75,000 $208,800
2015 -- $241,900 $0 $0
2014 -- $231,200 $0 $0
2011 -- $172,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 213024258

Realcomp

APN: 22-19-427-031