$675,000
SOLD DEC 17, 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

21 Days on Market

Highlights

  • Boat Facilities
  • Outdoor Pool
  • Lake Privileges
  • Novi High School Rated A+
  • Waterfront
  • Colonial Architecture

About This Home

As of December 2021

FANTASTIC END UNIT WATER FRONT CONDO IN ISLAND LAKE! THIS 3 BED, 3.5 BATH COLONIAL BOASTS INCREDIBLE VIEWS OF THE WATER & A FIN WALKOUT LL W/FULL KIT! NEUTRAL DECOR & UPDATES THROUGHOUT. BEAUTIFUL KIT FEATURES HARDWOOD FLR, GRANITE COUNTERS, CHERRY CABS, SS APPS & BREAKFAST NOOK. FAMILY RM W/GAS FP W/STONE SURROUND. SUNROOM W/SKYLIGHT, CATHEDRAL CEILING & HARDWOOD FLR OFF OF FORMAL LIVING RM. 1ST FLR LAUNDRY. SPACIOUS MASTER SUITE OFFERS GORGEOUS LAKE VIEWS, VAULTED CEILING, WIC & EN SUITE BATH W/JETTED TUB & SEPARATE SHOWER. FIN WALKOUT LL IS AN ENTERTAINER'S DREAM W/LARGE REC AREA W/GAS FP & FULL UPDATED KIT W/GRANITE COUNTER, SS APPS & ENGINEERED HARDWOOD FLR. FULL BATH IN LL. NEWER FURNACE & A/C. WHOLE HOUSE WATER FILTRATION SYSTEM. ENJOY THE BREATHTAKING LAKE VIEWS FROM THE HUGE PAVER PATIO THAT HAS BUILT-IN KITCHEN W/BBQ. RESORT STYLE LIVING IN THIS COMMUNITY THAT OFFERS A CLUBHOUSE, POOL, FITNESS RM, TENNIS & VOLLEYBALL CRTS, TRAILS & 170 ACRE LAKE W/PRIVATE BEACH.

Last Agent to Sell the Property

Jamey Kramer

RE/MAX Classic License #6501261596 Listed on: 10/21/2021

RE/MAX Classic

Last Buyer's Agent

Joe Morrison

KW Showcase Realty License #RCO-6501374624

KW Showcase Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2005

Lot Details

  • Waterfront
  • End Unit
  • Sprinkler System

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
  • Ceiling Fan
  • 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

  • Outdoor 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
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2219427024

Community Details

Overview

  • Ks Management/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

$11,104

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: 55.5
  • Year Built: 2005
  • State Equalized Value: 299350.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • 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
  • Foundation Materials: Poured
  • Porch Type: Deck, Patio
  • Road Frontage Type: Paved
  • 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: Ceiling Fan(s), 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, Maintenance Structure, Maintenance Grounds
  • Association Fee Frequency: Monthly
  • Phone: 7342854442
  • Association Fee: 475
  • Association Contact: KS Management/Lora Wright
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s), Water View
  • Parcel Number: 2219427024

Tax Info

  • Tax Amount Summer: 9162.0000
  • Tax Amount Winter: 1942.0000
  • Total Tax: 11104.0000
  • Taxable Value: 299350.0000

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
3.04%

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
3.13%
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: 2210086784

Realcomp

APN: 22-19-427-024