NOT LISTED FOR SALE

24823 Reeds Pointe Dr Unit 28 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $720,000 - $823,000

3 Beds
3.5 Baths
2,610 Sq Ft
$301/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $625,000 $239 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,462/month

Highlights

  • Beach Front
  • Dock Facilities
  • Clubhouse
  • Novi High School Rated A+
  • Cabana
  • Deck

About This Home

As of December 2020

Awesome End Unit Riverton* 3700 Sq"* Clean, Move In Ready* Freshly Painted 2020* Extensive Use of Hardwood Flooring, Refinished 2019* New Carpet 2020*Great Traditional Floor Plan* Gourmet Kitchen, 9' Ceilings, 42" Cabinets, Granite Counters, Stainless Steel Appliances* Enjoy Sunrises & Morning Coffee on Your Covered Front Porch* South/Western Exposure & Windows Adds Loads of Natural Lighting* Back Solarian/Sunroom w/Skylights Makes for a Perfect Office with the Most Beautiful Sunsets in Oakland County* Huge Master Suite Overlooking Peaceful Island Lake* Finished WalkOut Lower Level* Short Walk to Boat Dock & Beach* Resort Style, Lake Front Living at its Best* Jogging Trails, Tennis & Volley Ball Courts, Beaches, Boathouse, Fitness Center, Olympic Size Pool* All Conveniently Located to Expressways, Shopping, Restaurants, Schools & Entertainment...

Last Agent to Sell the Property

Crystal Halley

RE/MAX Classic License #6501148995 Listed on: 11/16/2020

RE/MAX Classic

Co-Listed By

James Halley

RE/MAX Classic License #6501205784

Last Buyer's Agent

Fanar Ayar

ICON Realty Experts, LLC License #6501393363

ICON Realty Experts, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 2004 | Remodeled in 2017

Lot Details

  • Beach Front
  • 100 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Property fronts an easement
  • End Unit
  • Private Entrance
  • Sprinkler System

HOA Fees

  • $475 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 2,610 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Water Views
  • Security System Owned

Kitchen

  • Built-In Electric Oven
  • Self-Cleaning 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
  • Sump Pump

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Pool

  • Cabana
  • In Ground Pool

Outdoor Features

  • Dock Facilities
  • Boat Facilities
  • Shared Waterfront
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Gazebo

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 2219427028

Community Details

Overview

  • Lora Wright Association, Phone Number (248) 374-9376
  • Island Lake South Harbor Subdivision
  • Swim Association
  • On-Site Maintenance

Amenities

  • Clubhouse
  • Laundry Facilities

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Recreation

  • Tennis Courts

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,441

Year Built

Built in 2004 | Remodeled in 2017

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: End Unit, Townhouse
  • Architecture Level: 2 Story
  • Assessment: 76.98
  • Year Built: 2004
  • State Equalized Value: 294750.0000
  • Year Renovated: 2017
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Cats OK | Dogs OK | Number Limit
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Jetted Tub, Programmable Thermostat, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 14
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Private, Walkout Access
  • Kitchen Appliances: Gas Cooktop, Dishwasher, Disposal, Dryer, Microwave, Built-In Electric Oven, Self Cleaning Oven, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 3710
  • Sq Ft Lower Floor: 1100
  • Total Sq Ft: 2610
  • Sq Ft Total Bsmt: 1548

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Island Lake
  • Pool: Yes
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Composition, Stone, Wood
  • Exterior Features: Cabana, Club House, Gazebo, Grounds Maintenance, Lighting, Pool - Inground, Private Entry, Tennis Court
  • Foundation Materials: Poured
  • Porch Type: Deck, Patio, Porch, Porch - Covered
  • Road Frontage Type: Paved, Private, Pub. Sidewalk
  • Sideof Street: W
  • Water Frontage Feet: 100.00
  • Waterfront Description: Beach Access, Beach Front, Direct Water Frontage, Lake Front, Shared Water Frontage, Water 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: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Snow Removal, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: 248-374-9376/lora@ksmanagement.org
  • Association Fee: 475
  • Association Contact: Lora Wright
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • List Price per Acre: 28908.4181
  • Lot Features: Easement, Level, Sprinkler(s), Water View
  • Parcel Number: 2219427028

Tax Info

  • Tax Amount Summer: 6966.0000
  • Tax Amount Winter: 1475.0000
  • Total Tax: 8441.0000
  • Taxable Value: 224060.0000

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
Nov 16, 2020
Closed on
Dec 23, 2020
Sold by
Cherukuri Sreenivas D and Lanka Venkata Satyavani
Bought by
Wilson Jacquelynn
Seller's Agent
Crystal Halley
RE/MAX Classic
Buyer's Agent
Fanar Ayar
ICON Realty Experts, LLC
Sold Price
$625,000
Current Estimated Value
$786,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,094
Avg. Annual Appreciation
4.91%

Purchase Details

Closed on
Jul 7, 2009
Sold by
Cherukuri Rama Rao V and Cherukuri Rama Devi
Bought by
Cherukuri Sreenivas D and Lanka Venkata Satyavani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2007
Sold by
Reviere Winston Talisha and Winston Kevin
Bought by
Deutsche Bank National Trust

Purchase Details

Closed on
Feb 24, 2005
Sold by
Toll Mi Ii Lp
Bought by
Winston Kevin and Reviere Winston Talisha
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
Wilson Jacquelynn $625,000 None Available
Cherukuri Sreenivas D -- Title One Inc
Deutsche Bank National Trust $505,800 None Available
Winston Kevin $600,810 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cherukuri Sreenivas D $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2020 12/23/20 Sold $625,000 -- $239 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
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 $9,823 $323,900 $0 $0
2022 $10,875 $299,060 $0 $0
2020 $6,966 $294,750 $75,000 $219,750
2015 -- $260,300 $0 $0
2014 -- $241,400 $0 $0
2011 -- $194,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200094961

Realcomp

APN: 22-19-427-028