NOT LISTED FOR SALE

24870 Reeds Pointe Dr Unit 52 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $553,000 - $632,000

3 Beds
2.5 Baths
2,420 Sq Ft
$243/Sq Ft Est. Value

Last Sold February 23, 2023

Last sale price $515,000 $213 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,158/month

16 Days on Market

Highlights

  • Beach Access
  • In Ground Pool
  • Cape Cod Architecture
  • Deerfield Elementary School Rated A+
  • Lake Privileges
  • Clubhouse

About This Home

As of February 2023

Absolutely Stunning* Just Like New* Freshly Painted throughout (2022)* End Unit Condominium w/1st Floor Primary Suite, Loft & Finished Basement* Kitchen w/Granite Counters, Tiered Snack Bar* Newer Stainless Appliances (2017)* Breakfast Area W/Doorwall & Southern Exposure to Covered Patio/Porch* Lake Access, Beach & Dock across the Street* Newer Hardware & Fixtures (2017)* Updated Bathrooms (2017)* Generous size Primary Suite, Walk-In-Closet, Double Sinks & Jetted Tub* Finished Lower Level has Theater Area plus Walk-up Access to Private Wooded Setting in Back* Include Deck & Patio for Outdoor Enjoyment* New Furnace (2022)* End Unit Creates Tons of Natural Lighting & has Loads of Storage* Island Lake Resort Style Living Boasts Year Round Events* Boathouse w/Fitness Center, Tennis Courts, Swimming, Beaches, Ice Hockey, Fishing & more* Close to Novi Schools, CC High School, Shopping, Restaurants and Expressways*

Last Agent to Sell the Property

Crystal Halley

RE/MAX Classic License #6501148995 Listed on: 01/06/2023

RE/MAX Classic

Last Buyer's Agent

Sireesha Bolisetty

Clients First, REALTORS® License #RCO-6501345650

Clients First, REALTORS®

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 2005 | Remodeled in 2017

Lot Details

  • Property fronts an easement
  • End Unit
  • Private Entrance
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $475 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 2,420 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Stacked Washer and Dryer

Kitchen

  • Self-Cleaning Convection Oven
  • Built-In Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Up Access
  • Sump Pump

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Lake Privileges
  • Deck
  • Covered patio or porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2219427052

Community Details

Overview

  • Ks Management Association, Phone Number (734) 285-4442
  • Island Lake South Harbor Subdivision
  • Swim Association
  • On-Site Maintenance
  • The community has rules related to fencing

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,816

Year Built

Built in 2005 | Remodeled in 2017

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Cape Cod, End Unit, Townhouse
  • Architecture Level: 1 1/2 Story
  • Assessment: 112.00
  • Year Built: 2005
  • State Equalized Value: 223020.0000
  • Year Renovated: 2017
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Interior Amenities: Humidifier, Furnished - No
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 14
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walk-Up Access, Private
  • Kitchen Appliances: Vented Exhaust Fan, Built-In Electric Oven, Convection Oven, Dishwasher, Disposal, Dryer, Free-Standing Refrigerator, Gas Cooktop, Microwave, Self Cleaning Oven, Stainless Steel Appliance(s), Washer, Washer/Dryer Stacked
  • Sq Ft Combined: 3572
  • Sq Ft Lower Floor: 1152
  • Total Sq Ft: 2420
  • Sq Ft Total Bsmt: 1602

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Island Lake
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Stone, Wood
  • Construction Features: Platted Sub.
  • Exterior Features: Tennis Court, Club House, Grounds Maintenance, Lighting, Private Entry, Pool – Community, Pool - Inground
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered, Deck, Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Waterfront Description: Across the Road Water Frontage, Beach Access, Lake Privileges, No Motor Lake
  • Fencing: Fence Not Allowed

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)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Grounds, Pest Control
  • Association Fee Frequency: Monthly
  • Phone: 734-285-4442
  • Association Fee: 475
  • Association Contact: KS Management
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Corner Lot, Easement, Sprinkler(s), Wooded
  • Parcel Number: 2219427052

Rental Info

  • Tenant Amenities: Fitness Center, Laundry In-Unit

Tax Info

  • Tax Amount Summer: 6675.0000
  • Tax Amount Winter: 1141.0000
  • Total Tax: 7816.0000
  • Taxable Value: 223020.0000

Multi Family

  • Waterfront Features: Swim Association, ACRFRT

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Feb 23, 2023
Sold by
Weigal Harold and Weigal Kris
Bought by
Ganesan Karan Ram and Rajendran Nalli Divya
Seller's Agent
Crystal Halley
RE/MAX Classic
Buyer's Agent
Sireesha Bolisetty
Clients First, REALTORS®
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Total Days on Market
16
Views
102
Current Estimated Value
$588,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,112
Avg. Annual Appreciation
5.97%
Original Mortgage
$489,250
Outstanding Balance
$477,069
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$111,043

Purchase Details

Closed on
May 31, 2016
Sold by
Smith S Steve E and Smith Patricia
Bought by
Weigal Harold and Weigal Kris

Purchase Details

Closed on
Oct 20, 2011
Sold by
Gill Charles W and Gill Karen L
Bought by
Smith Steven E and Smith Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,400
Interest Rate
4.09%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Ganesan Karan Ram $515,000 --
Weigal Harold $440,000 Liberty Title
Smith Steven E $311,500 Title One Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ganesan Karan Ram $489,250
Previous Owner Smith Steve E $261,000
Previous Owner Smith Steve E $246,400
Previous Owner Gill Charles W $305,000
Previous Owner Gill Charles W $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2023 02/23/23 Sold $515,000 -0.9% $213 / Sq Ft
01/22/2023 01/22/23 Pending -- -- --
01/13/2023 01/13/23 Price Changed $519,900 -1.0% $215 / Sq Ft
01/06/2023 01/06/23 For Sale $525,000 -- $217 / 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 $6,747 $221,650 $0 $0
2022 $6,675 $223,020 $0 $0
2020 $6,875 $221,100 $40,000 $181,100
2015 -- $181,100 $0 $0
2014 -- $171,700 $0 $0
2011 -- $155,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Crystal Halley

    Seller's Agent in 2023

    Crystal Halley

    RE/MAX of Southeast Michigan

    (248) 568-0038

    15 in this area

    163 Total Sales

    Crystal Halley
    Section Image
  • Sireesha Bolisetty

    Buyer's Agent in 2023

    Sireesha Bolisetty

    Clients First, REALTORS®

    (248) 719-6503

    2 in this area

    27 Total Sales

    Sireesha Bolisetty
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230000570

Realcomp

APN: 22-19-427-052

Michigan Oakland County Novi 48374 Island Lake

24870 Reeds Pointe Dr Unit 52, Novi, MI

This home is located at 24870 Reeds Pointe Dr Unit 52, Novi, MI 48374 since 06 January 2023 and is currently estimated at $588,112, approximately $243 per square foot. This property was built in 2005. 24870 Reeds Pointe Dr Unit 52 is a home located in Oakland County with nearby schools including Deerfield Elementary School, Novi Middle School, and Novi High School.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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