RENTED OCT 10, 2025

24890 Overlook Trail Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $693,000 - $961,000

4 Beds
4.5 Baths
3,200 Sq Ft
$273/Sq Ft Est. Value

Last Sold August 07, 2024

Last sale price $875,000 $273 Per Sq Ft

Current estimated payment $5,553/month

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • Stainless Steel Appliances
  • Novi High School Rated A+
  • Covered Patio or Porch
  • 3 Car Attached Garage

About This Home

As of October 2025

IMMEDIATE OCCUPANCY!! NICE BRICK NORTH FACING COLONIAL W/PREMIUM ELEVATION IN A PRESTIGIOUS SUB IN NOVI (ISLAND LAKE) W/ NOVI SCHOOLS! FEATURES: 4 BEDROOMS, 4.5 BATHS. TWO (2) STORY GREAT ROOM W/GAS FIREPLACE. TWO (2) STORY FOYER. LARGE KITCHEN WITH GRANITE COUNTER TOPS, ISLAND W/ SINK, BACKSPLASH, POT FILLER FAUCET & STAINLESS STEEL APPLIANCES (REFRIGERATOR, BUILT IN OVEN/MICROVAE, GAS COOKTOP, DISHWASHER, WINE COOLER, WASHER & DRYER. CUSTOM MARBLE FLOORING. IRON SPINDEL STAIR CASE. LARGE MASTER SUITE W/SITTING AREA & VERY LARGE WALK IN CLOSET. PRINCESS SUITE W/FULL BATH. FORMAL DINING ROOM, LIVING ROOM, SUNROOM, FINISHED BASEMENT W/ THEATER RM, LARGE REC ROOM. BAR W/ CUSTOM STONE & GRANITE COUNTER TOPS W/ WINE COOLER. 2ND KITCHEN W/ REFRIGERATOR, OVEN & DISHWASHER. EXCERCISE ROOM, CENTRAL AIR, 3 CAR SIDE ENTRY GARAGE W/ OPENER. RENT INCLUDES ASSOCIATION FEE. ASSOCIATION FEE INCLUDES THE USE OF OLYMIC SIZE SWIMMING POOL, CLUBHOUSE, TENNIS COURTS. TOO MANY UPGRADES! MUST SEE!

Last Agent to Rent the Property

Alex Safadi

Internet Real Estate, Inc License #6501248553 Listed on: 07/30/2025

Last Renter's Agent

Alex Safadi

Internet Real Estate, Inc License #6501248553 Listed on: 07/30/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 107 x 130 x 118 x123

HOA Fees

  • $120 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Great Room with Fireplace
  • Finished Basement
  • Basement Window Egress
  • Security System Owned

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Ground Level Unit

Community Details

  • Association Phone (734) 459-5440
  • The Reserve Of Island Lake Condo Occpn 2048 Subdivision

Listing and Financial Details

  • Security Deposit $7,500
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 125.00
  • Assessor Parcel Number 2220304023

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0

HOA Fees

$120 per month

Rental Info

  • Application Fee: 125.00
  • Lease Type: Single Family House
  • Rent Includes: Association Fee
  • Security Deposit: 7500.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2014
  • Entry Location: Ground Level
  • Pets Allowed: Call
  • AgentOnly_ListPriceByAcre: 16666.6600
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Egress Window(s), High Spd Internet Avail, Humidifier, Programmable Thermostat, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Total Bedrooms: 4
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Finished
  • Kitchen Appliances: Vented Exhaust Fan, Wine Cooler, Built-In Gas Oven, Dishwasher, Disposal, Dryer, Free-Standing Electric Oven, Free-Standing Refrigerator, Gas Cooktop, Microwave, Range Hood, Stainless Steel Appliance(s), Washer
  • Total Sq Ft: 3200

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered, Porch, Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Electricity, Door Opener, Side Entrance, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: 734-459-5440
  • Association Fee: 120
  • Association Fee: Yes

Fee Information

  • Additional Fee: 500.00

Lot Info

  • Lot Size Area: 0.30
  • Lot Dimensions: 107 X 130 X 118 X123
  • Parcel Number: 2220304023

Multi Family

  • Length of Lease: 12 Months, 13-24 Months, 25-36 Months

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2014
Sold by
Toll Mi Ii Limited Partnership
Bought by
Davuluri Srinivasa and Davuluri Aruna
Current Estimated Value
$872,889

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
Outstanding Balance
$321,660
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$551,229
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Davuluri Srinivasa $645,903 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davuluri Srinivasa $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2025 10/10/25 Rented $4,500 -10.0% --
09/15/2025 09/15/25 Under Contract -- -- --
07/30/2025 07/30/25 For Rent $5,000 -9.1% --
09/26/2024 09/26/24 Rented $5,500 +10.0% --
09/25/2024 09/25/24 Under Contract -- -- --
09/13/2024 09/13/24 For Rent $5,000 0.0% --
08/07/2024 08/07/24 Sold $875,000 -3.8% $273 / Sq Ft View Prior Sale
07/23/2024 07/23/24 Pending -- -- --
07/05/2024 07/05/24 For Sale $910,000 0.0% $284 / Sq Ft
11/21/2020 11/21/20 Rented $3,700 0.0% --
11/03/2020 11/03/20 Under Contract -- -- --
10/28/2020 10/28/20 For Rent $3,700 -- --
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 $15,311 $342,110 $0 $0
2022 $17,510 $324,960 $0 $0
2020 $10,245 $328,650 $67,000 $261,650
2015 -- $293,600 $0 $0
2014 -- $50,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alex Safadi

    Landlord's Agent in 2025

    Alex Safadi

    Internet Real Estate, Inc

    (248) 231-1209

    3 in this area

    273 Total Sales

    Alex Safadi
    Section Image
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Map

Source: Realcomp

MLS Number: 20251022208

Realcomp

APN: 22-20-304-023

Michigan Oakland County Novi 48374 Island Lake

24890 Overlook Trail, Novi, MI

Not Listed for Sale

Detached

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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