$675,000
SOLD JUL 7, 2021

24849 Reeds Pointe Dr Novi, MI 48374

Island Lake Neighborhood
3 Beds
3.5 Baths
2,610 Sq Ft
$475/mo HOA Fee

Recently Sold

$259 Per Sq Ft

4% Below List Price

8 Days on Market

Highlights

  • Boat Facilities
  • In Ground Pool
  • Lake Privileges
  • Deerfield Elementary School Rated A+
  • Waterfront
  • Colonial Architecture

About This Home

As of December 2021

Enjoy the SW view of island lake from this spacious gently lived in 2,610 sq.ft 3 bed, 3.5 bath condo. Highlights include a large sunroom overlooking the lake with cathedral ceilings, hardwood flooring. Great room with gas fireplace, stone surround, and decorative mantle, recessed lighting. Elegant kitchen w cherry cabinets, granite counters, island w white cabinets, stainless steel appliances and adjoining breakfast nook with hardwood flooring. First floor laundry. Wake up to the lake view in the large master suite with cathedral ceilings, walk-in-closet and bath with whirlpool tub and shower. Professionally finished basement features newer pottery barn style full kitchen with gray cabinets, stainless steel appliances, granite counters and engineered hardwood flooring. Oversized family room with stone fireplace perfect entertaining. Lots of storage and a full bath. Large brick paver patio with built-in kitchen with BBQ stays. Whole house water filtration system. Newer furnace & A/C

Last Agent to Sell the Property

Paul Mruk

RE/MAX Classic License #6501241822 Listed on: 06/02/2021

RE/MAX Classic

Last Buyer's Agent

Jamey Kramer

RE/MAX Classic License #RCO-6501261596

RE/MAX Classic

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2005

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $475 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2,610 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Water Views

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Boat Facilities
  • Lake Privileges
  • Deck
  • Patio
  • Exterior Lighting

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2219427024

Community Details

Overview

  • Lora Wright Association, Phone Number (734) 285-4442
  • Island Lake South Harbor Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,133

Year Built

Built in 2005

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial, End Unit
  • Architecture Level: 2 Story
  • Assessment: 76.98
  • Year Built: 2005
  • State Equalized Value: 296400.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement
  • Room Count: 14
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Double Oven, Dryer, Free-Standing Refrigerator, Gas Cooktop, Microwave, Washer
  • Sq Ft Combined: 4010
  • Sq Ft Lower Floor: 1400
  • 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: Brick
  • Exterior Features: Tennis Court, Club House, Lighting, Pool – Community, Pool - Inground
  • Foundation Materials: Poured
  • Porch Type: Deck, Patio
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Waterfront Description: Direct Water Frontage, Lake Privileges, Water Front

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: 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, Sewer
  • Association Fee Frequency: Monthly
  • Phone: 7342854442/lora@ksmanagement.org
  • Association Fee: 475
  • Association Contact: Lora Wright
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Water View
  • Parcel Number: 2219427024

Tax Info

  • Tax Amount Summer: 9191.0000
  • Tax Amount Winter: 1942.0000
  • Total Tax: 11133.0000
  • Taxable Value: 296400.0000

Multi Family

  • Waterfront Features: Boat Facilities, DIRFRT

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jul 7, 2021
Sold by
Bodine Ronald L and Bodine Jane H
Bought by
The Judith A Weright Trust
Seller's Agent
Paul Mruk
RE/MAX Classic
Buyer's Agent
Jamey Kramer
RE/MAX Classic
List Price
$700,000
Sold Price
$675,000
Premium/Discount to List
-$25,000
-3.57%
Current Estimated Value
$755,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,921
Avg. Annual Appreciation
3.36%

Purchase Details

Closed on
Jul 12, 2018
Sold by
Barrel Barbara M and Barbara M Barrel Trust
Bought by
Bodine Ronald L and Bodine Jane H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2017
Sold by
Barrel Barbara
Bought by
Barrel Babara M and Babara M Barrel Trust

Purchase Details

Listed on
Apr 1, 2015
Closed on
Jul 22, 2015
Sold by
Houston Christina M and Houston Christina
Bought by
Barrel Barbara
Seller's Agent
Lisa Chung
Real Estate One-Northville
Buyer's Agent
Darby Kelly
Real Estate One-Livonia
List Price
$595,000
Sold Price
$560,000
Premium/Discount to List
-$35,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.26%
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 $675,000 Ata National Title Group Llc
Warranty Deed $665,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $560,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $412,500 New Conventional
Previous Owner $117,150 Stand Alone Second
Previous Owner $33,275 Stand Alone Second
Previous Owner $115,250 Credit Line Revolving
Previous Owner $461,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $675,000 -3.6% $259 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $700,000 0.0% $268 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $700,000 +3.7% $268 / Sq Ft
07/07/2021 07/07/21 Sold $675,000 -3.6% $259 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $700,000 +25.0% $268 / Sq Ft
07/31/2015 07/31/15 Sold $560,000 -5.9% $215 / Sq Ft
07/19/2015 07/19/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $595,000 -- $228 / 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 $10,065 $331,760 $0 $0
2022 $10,937 $300,780 $0 $0
2020 $9,191 $296,400 $75,000 $221,400
2015 -- $261,350 $0 $0
2014 -- $242,300 $0 $0
2011 -- $195,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210041093

Realcomp

APN: 22-19-427-024