NOT LISTED FOR SALE

24875 Reeds Pointe Dr Unit 20 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $718,466 - $766,000

3 Beds
3.5 Baths
2,562 Sq Ft
$300/mo HOA Fee

Last Sold August 29, 2013

Last sale price $515,000 $201 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,244/month

18 Days on Market

Highlights

  • Outdoor Pool
  • Clubhouse
  • Porch
  • Deerfield Elementary School Rated A+
  • Deck
  • 2 Car Attached Garage

About This Home

As of August 2013

Gorgeous Lakefront End-Unit In Island Lake! This Southern Exposure Cape Cod Features 1st Floor Master Suite w/ Private Bath, Beautiful Kitchen w/ and Breakfast Nook, Great Room w/ Fireplace, Sunroom, Library & 1st Floor Laundry. Finished Lower Level Walk-Out w/ Full Bath & Private Boat Slip! Enjoy Community Ammenities Including Clubhouse, Fitness Center, Outdoor Pool, Tennis Courts & Walking Trails. 3 zone HVAC - Power sunshade and more!

Last Agent to Sell the Property

Michael Perna

EXP Realty Main License #6501309650 Listed on: 07/18/2013

EXP Realty Main

Last Buyer's Agent

Ed Allen

Signature Sotheby's International Realty Nvl License #RCO-6501284585

Signature Sotheby's International Realty Nvl

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2005

Lot Details

  • 22

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,562 Sq Ft Home
  • 2-Story Property
  • Great Room with Fireplace
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Deck
  • Patio
  • Exterior Lighting
  • Breezeway
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2219427020

Community Details

Overview

  • Island Lake South Harbor Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,373

Year Built

Built in 2005

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Condominium
  • Architecture Level: 2 Story
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Humidifier
  • Fireplace: Yes
  • Fireplace Locations: Great Room
  • Room Count: 13
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2562
  • Total Sq Ft: 2562
  • Sq Ft Total Bsmt: 1600

Exterior Features

  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Club House, Lighting, Pool – Community, Tennis Court
  • Porch Type: Deck, Patio, Porch, Breezeway
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Door Opener
  • 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: No

Condo/Co-op/Association

  • HOA Fee Includes: Water
  • Association Fee Frequency: Monthly
  • Association Fee: 300
  • Association Fee: No

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Parcel Number: 2219427020

Tax Info

  • Tax Amount Summer: 6045.0000
  • Tax Amount Winter: 1328.0000
  • Total Tax: 7373.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2020
Sold by
Allen Edmund T and Allen Kimberly D
Bought by
Allen Edmund T and Allen Kimberly D
Total Days on Market
18
Current Estimated Value
$743,617

Purchase Details

Listed on
Jul 18, 2013
Closed on
Aug 29, 2013
Sold by
Mcgill Charles A and Douthard Gail
Bought by
Allen Emdund T and Allen Kimberly D
Seller's Agent
Michael Perna
EXP Realty Main
Buyer's Agent
Ed Allen
Signature Sotheby's International Realty Nvl
List Price
$535,000
Sold Price
$515,000
Premium/Discount to List
-$20,000
-3.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.04%
Original Mortgage
$386,250
Outstanding Balance
$111,429
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$621,546

Purchase Details

Closed on
Feb 28, 2006
Sold by
Toll Mi Ii Lp
Bought by
Mcgill Charles A and Douthard Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.33%
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
Allen Edmund T -- None Available
Allen Emdund T $515,000 Title Solutions Agency Llc
Mcgill Charles A $580,934 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Allen Edmund T $230,000
Open Allen Edmund T $386,250
Previous Owner Mcgill Charles A $380,000
Previous Owner Mcgill Charles A $325,550
Previous Owner Mogill Charles A $173,000
Previous Owner Mcgill Charles A $350,000
Previous Owner Mcgill Charles A $172,825
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2013 08/29/13 Sold $515,000 -3.7% $201 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
07/18/2013 07/18/13 For Sale $535,000 -- $209 / 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 $9,241 $330,820 $0 $0
2022 $10,234 $305,370 $0 $0
2020 $8,333 $300,800 $75,000 $225,800
2015 -- $256,800 $0 $0
2014 -- $245,150 $0 $0
2011 -- $191,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 213073883

Realcomp

APN: 22-19-427-020