NOT LISTED FOR SALE

24878 Acorn Trail Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $949,000 - $1,016,000

5 Beds
4 Baths
3,833 Sq Ft
$257/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $855,000 $223 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,655/month

2 Days on Market

Highlights

  • Tennis Courts
  • Outdoor Pool
  • Clubhouse
  • Deerfield Elementary School Rated A+
  • Colonial Architecture
  • Stainless Steel Appliances

About This Home

As of June 2022

ORIGINAL OWNERS OFFERING THIS LUXURIOUS PROPERTY IN PRESTIGIOUS ISLAND LAKE ON A PREMIUM 1/3 ACRE LOT! DON'T MISS THIS SOUTHERN DUKE STYLE COLONIAL THAT BOASTS 2 BALCONIES. 2 STORY FOYER W/WOOD FLR & DUAL STAIRCASE WELCOMES YOU INTO THE FORMAL LR & DR. OPEN FLR PLAN, NEUTRAL DECOR & CUSTOM ARCHITECTURAL FINISHES THROUGHOUT. 1ST FLR IN-LAW SUITE W/FULL BATH! GR W/SOARING CEILING HAS GAS FP & IS OPEN TO KIT, PERFECT FOR ENTERTAINING. STUNNING GOURMET KIT FEATURES GRANITE, TILE BACKSPLASH, PENDANT LIGHTS, CENTER ISLAND, WHITE CABS, SS APPS & WOOD FLR. NOOK W/DOOR WALL TO PATIO. SPACIOUS MASTER SUITE W/TRAY CEILING, SITTING AREA, WIC & EN SUITE BATH W/GRANITE COUNTER, IMPORTED ITALIAN SLATE TILE FLR, SOAKING TUB & SEPARATE SHOWER. 3 ADDIT BEDS UPSTAIRS W/2 FULL BATHS. FULL SIZE UNFIN BASEMENT W/10' CEILING JUST WAITING FOR YOUR FINISHING TOUCHES! EXTRA INSULATION. AWARD WINNING NOVI SCHOOLS. ENJOY ALL THE AMENITIES RESORT LIVING OFFERS INCL CLUBHOUSE, POOL, WALKING TRAILS & MORE!

Last Agent to Sell the Property

Jamey Kramer

RE/MAX Classic License #6501261596 Listed on: 05/06/2022

RE/MAX Classic

Last Buyer's Agent

Nathan Wickland

Brookstone, Realtors LLC License #RCO-6501364481

Brookstone, Realtors LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2014

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 82x206x141x149
  • Sprinkler System

HOA Fees

  • $120 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,833 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Unfinished Basement
  • Sump Pump
  • Security System Owned

Kitchen

  • Built-In Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Tennis Courts
  • Patio
  • 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
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2220304009
  • $1,000 Seller Concession

Community Details

Overview

  • The Reserve Of Island Lake Condo Occpn 2048 Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,841

Year Built

Built in 2014

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 69
  • Year Built: 2014
  • State Equalized Value: 361950.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 16
  • Total Bedrooms: 5
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Vented Exhaust Fan, Built-In Electric Oven, Dishwasher, Disposal, Dryer, Free-Standing Refrigerator, Gas Cooktop, Microwave, Range Hood, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 3833
  • Total Sq Ft: 3833
  • Sq Ft Total Bsmt: 1929

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exclusions: Yes
  • Exterior Features: Tennis Court, Club House, Lighting, Pool – Community
  • Foundation Materials: Poured
  • Frontage Feet: 82
  • Porch Type: Patio
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Side Entrance, 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: Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 120
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s)
  • Lot Size Area: 0.42
  • Lot Dimensions: 82X206X141X149
  • Parcel Number: 2220304009

Tax Info

  • Tax Amount Summer: 11022.0000
  • Tax Amount Winter: 1819.0000
  • Total Tax: 12841.0000
  • Taxable Value: 360040.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2023
Sold by
Luk Raymond and Luk Dominique
Bought by
Luk Raymond and Luk Raymond
Total Days on Market
2
Current Estimated Value
$986,463

Purchase Details

Listed on
May 6, 2022
Closed on
Jun 17, 2022
Sold by
Yue-Bei Teng
Bought by
Luk Raymond and Luk Dominique
Seller's Agent
Jamey Kramer
RE/MAX Classic
Buyer's Agent
Nathan Wickland
Brookstone, Realtors LLC
List Price
$825,000
Sold Price
$855,000
Premium/Discount to List
$30,000
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Original Mortgage
$684,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2014
Sold by
Toll Mi Ii Limited Partnership
Bought by
Teng Yue Bei and Teng Huey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Luk Raymond -- None Listed On Document
Luk Raymond $855,000 None Listed On Document
Teng Yue Bei $629,247 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luk Raymond $684,000
Previous Owner Teng Yue Bei $100,000
Previous Owner Teng Yue Bei $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $855,000 +3.6% $223 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $825,000 -- $215 / 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 $11,981 $382,980 $0 $0
2022 $13,215 $363,310 $0 $0
2020 $11,005 $367,800 $67,000 $300,800
2015 -- $329,350 $0 $0
2014 -- $50,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jamey Kramer

    Seller's Agent in 2022

    Jamey Kramer

    RE/MAX of Southeast Michigan

    (248) 348-7200

    32 in this area

    266 Total Sales

    Jamey Kramer
    Section Image
  • Nathan Wickland

    Buyer's Agent in 2022

    Nathan Wickland

    Brookstone, Realtors LLC

    (734) 474-2908

    1 in this area

    9 Total Sales

    Nathan Wickland
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2220031544

Realcomp

APN: 22-20-304-009

Michigan Oakland County Novi 48374 Island Lake

24878 Acorn Trail, Novi, MI

This home is located at 24878 Acorn Trail, Novi, MI 48374 since 06 May 2022 and is currently estimated at $986,463, approximately $257 per square foot. This property was built in 2014. 24878 Acorn Trail 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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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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