NOT LISTED FOR SALE

24872 Reeds Pointe Dr Unit 51 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $669,759 - $746,000

3 Beds
3.5 Baths
2,658 Sq Ft
$475/mo HOA Fee

Last Sold April 22, 2020

Last sale price $465,000 $175 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,826/month

167 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Ground Level Unit
  • Novi High School Rated A+
  • Jetted Tub in Primary Bathroom
  • 2 Car Attached Garage

About This Home

As of April 2020

Luxury living in prestigious Island Lake of Novi resort community on private wooded lot. Open floor plan, high ceilings, custom trim & hardwood floors throughout the 1st floor. Gourmet kitchen with granite counters, bar stool seating, stainless steel appliances, space to entertain, and access to the outdoor private deck. Great room features wooded view, two-story ceilings & designer crown molding. Master suite includes hardwood floors, a large walk-in closet, bath with jetted tub, dual sinks & euro shower. Fully finished custom basement includes a home theater area, full kitchen with bar, full bath, open living space & storage areas. 3rd floor loft area with skylight makes excellent home office or studio. Year-round resort living: enjoy walking trails, club house w/community events, event space, tennis courts, workout facility, pool, beach area, lake access, kayaking, paddle boarding, fishing & winter ice hockey. Easy access to I-96, Novi and South Lyon shopping areas & Novi Schools.

Last Agent to Sell the Property

John Paul Wolfe

Greystone Realty License #6501338465 Listed on: 09/27/2019

Last Buyer's Agent

Cari Cowen

Ideal Real Estate Advisors LLC License #RCO-6501331163

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2005

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,658 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Dining Room with Fireplace
  • Finished Basement
  • Interior Basement Entry
  • Dryer

Kitchen

  • Built-In Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jetted Tub in Primary Bathroom

Utilities

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

Additional Features

  • Deck
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 2219427051

Community Details

Overview

  • Island Lake Of Novi South Harbor Condominium Association
  • Island Lake South Harbor Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,683

Year Built

Built in 2005

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Assessment: 75.48
  • Year Built: 2005
  • State Equalized Value: 240600.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Jetted Tub
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Dining Room
  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Interior Entry (Interior Access)
  • Kitchen Appliances: Gas Cooktop, Dishwasher, Dryer, Microwave, Built-In Gas Oven
  • Sq Ft Combined: 3658
  • Sq Ft Lower Floor: 1000
  • Total Sq Ft: 2658
  • Sq Ft Total Bsmt: 1276

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Stone, Vinyl
  • Foundation Materials: Poured
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 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)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: (248) 374-937 / managers@ampteam.net
  • Association Fee: 475
  • Association Contact: Island Lake of Novi South Harbor Condominium Association
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Parcel Number: 2219427051

Tax Info

  • Tax Amount Summer: 5525.0000
  • Tax Amount Winter: 1158.0000
  • Total Tax: 6683.0000
  • Taxable Value: 175840.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2021
Sold by
Tiffany Zellman
Bought by
Zellman Tiffany
Current Estimated Value
$693,940

Purchase Details

Listed on
Sep 27, 2019
Closed on
Apr 22, 2020
Sold by
Kemski Vickie and Kemski Vicky
Bought by
Zeliman Tiffany and Zellman Thomas
Seller's Agent
John Paul Wolfe
Greystone Realty
Buyer's Agent
Cari Cowen
Ideal Real Estate Advisors LLC
List Price
$484,900
Sold Price
$465,000
Premium/Discount to List
-$19,900
-4.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$348,750
Interest Rate
3.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 26, 2008
Sold by
Wells Fargo Bank Na
Bought by
Kemski Vickie and Kemski Vicky

Purchase Details

Closed on
May 22, 2007
Sold by
Giammarusti Lisa M
Bought by
Wells Fargo Bank Na and Securitized Asset Backed Receivables Llc

Purchase Details

Closed on
Jul 14, 2005
Sold by
Toll Mi Ii Limited Partnership
Bought by
Giammarusti Lisa M
Source: Public Records

Range of Values:

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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
Zellman Tiffany -- None Listed On Document
Zeliman Tiffany $465,000 None Available
Kemski Vickie $290,000 Attorneys Title Agency Llc
Wells Fargo Bank Na $375,711 None Available
Giammarusti Lisa M $425,318 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zeliman Tiffany $348,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2020 04/22/20 Sold $465,000 -1.0% $175 / Sq Ft
03/12/2020 03/12/20 Pending -- -- --
03/07/2020 03/07/20 Price Changed $469,900 -3.1% $177 / Sq Ft
09/27/2019 09/27/19 For Sale $484,900 -- $182 / 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 $7,883 $252,720 $0 $0
2022 $9,536 $261,840 $0 $0
2020 $7,828 $259,050 $40,000 $219,050
2015 -- $192,500 $0 $0
2014 -- $182,400 $0 $0
2011 -- $158,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219100070

Realcomp

APN: 22-19-427-051