$700,000

24825 Reeds Pointe Dr Unit 27 Novi, MI 48374

Island Lake Neighborhood

Estimated payment $4,965/month

Total Views 664
4 Beds
3.5 Baths
2,476 Sq Ft
$283 Price per Sq Ft

Highlights

  • Very Popular Property
  • Lake Front
  • Beach Access
  • Deerfield Elementary School Rated A+
  • Dock Facilities
  • In Ground Pool

About This Home

Western lake view on this updated Island lake lakefront condo with 4 bed 3.5 bath, 2,500 sq. ft. plus a 1,250 sq ft finished walkout basement. Recents updates include carpet and paint t/o and light fixtures. Maple cabinets with granite countertops, SS appliances, slate backsplash and hardwood flooring in foyer, kitchen and adjoining nook. Cozy living room with recessed lighting, gas fireplace w stone surround and mantle. All with great views of the lake. Deck overlooking dock, island lake walking trails and common areas. Large 2 story great room w decorative molding. Master suite overlooking lake w recessed lighting, large wic and master bath with soaking tub, double sink, stall shower and tiled flooring. Walkout basement with oversized family room, workout or 5th bedroom, full bath and plenty of storage space. 3 rd floor library or 4 th bedroom. Enjoy the pool. sand volleyball and tennis courts. Lake living at its finest. 4.5 + miles of walk trails. **Current tenants lease must stay in place @ $5,000 per month, expiration 10/2026. Weeks Showing upon an acceptable offer.

Listing Agent

Paul Mruk

RE/MAX Classic License #6501241822 Listed on: 06/17/2025

RE/MAX Classic

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2004

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof
  • Shingle Siding
  • Stone Siding

Interior Spaces

  • 2,476 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Finished Basement

Kitchen

  • Free-Standing Electric Oven
  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Dock Facilities
  • Boat Facilities
  • Lake Privileges
  • Deck
  • Porch

Utilities

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

Additional Features

  • Lake Front
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 502219427027

Community Details

Overview

  • No Home Owners Association
  • Island Lake South Harbor Subdivision
  • Swim Association

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool
  • Water Sports
  • Tennis Courts

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2004
  • State Equalized Value: 350640.0000
  • Year Renovated: 2004
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Number Limit, Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 15
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Electric Cooktop, Exhaust Fan, Free-Standing Electric Oven, Free-Standing Refrigerator, Microwave
  • Sq Ft Combined: 3636
  • Sq Ft Lower Floor: 1160
  • Total Sq Ft: 2476
  • Sq Ft Total Bsmt: 1276

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Island Lake
  • Pool: Yes
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Stone, Shingle Siding
  • Exterior Features: Tennis Court, Club House, Pool – Community, Pool - Inground
  • Foundation Materials: Poured
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Waterfront Description: Beach Access, Lake Front, Lake Privileges

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Door Opener, 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)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Maintenance Grounds, Water
  • Association Fee: No

Schools

  • School District: Novi

Lot Info

  • Parcel Number: 502219427027

Rental Info

  • Tenant Amenities: Fitness Center

Tax Info

  • Tax Amount Summer: 12647.5000
  • Tax Amount Winter: 5030.6200
  • Total Tax: 17678.1200
  • Taxable Value: 340850.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, Dock Facilities, Swim Association

MLS Schools

  • School District: Novi

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $12,648 $323,320 $0 $0
2022 $15,736 $299,880 $0 $0
2020 $11,384 $296,400 $75,000 $221,400
2015 -- $257,300 $0 $0
2014 -- $246,200 $0 $0
2011 -- $185,700 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 For Sale $700,000 0.0% $283 / Sq Ft
09/28/2023 09/28/23 Rented $5,000 +1.0% --
09/11/2023 09/11/23 Under Contract -- -- --
09/08/2023 09/08/23 Price Changed $4,950 +15.1% $2 / Sq Ft
09/05/2023 09/05/23 For Rent $4,300 +30.3% --
01/11/2016 01/11/16 Rented $3,300 -5.7% --
01/06/2016 01/06/16 Under Contract -- -- --
12/30/2015 12/30/15 For Rent $3,500 0.0% --
12/29/2015 12/29/15 Sold $567,000 -0.5% $212 / Sq Ft
12/04/2015 12/04/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $569,900 +10.7% $213 / Sq Ft
08/19/2013 08/19/13 Sold $514,900 0.0% $192 / Sq Ft
07/24/2013 07/24/13 Pending -- -- --
07/03/2013 07/03/13 For Sale $514,900 -- $192 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed $567,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $514,900 Stewart Title Agency
Warranty Deed $543,288 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $417,000 New Conventional
Previous Owner $69,000 Credit Line Revolving
Previous Owner $434,630 New Conventional
Source: Public Records

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Source: Realcomp

MLS Number: 20251008461

Realcomp

APN: 22-19-427-027