$888,000 - $924,000
RENTED SEP 26, 2024

24890 Overlook Trail Novi, MI 48374

Island Lake Neighborhood
4 Beds
5 Baths
3,200 Sq Ft
$283 Price per Sq Ft

Last Sold August 07, 2024

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

Est. 3% increase in value since last sale

Current estimated payment $6,198/month

About This Home

As of August 2024

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. ASSOCIATION FEE INCLUDE THE USE OF OLYMIC SIZE SWIMING POOL, CLUBHOUSE, TENNIS COURTS. TOO MANY UPGRADES! MUST SEE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Aug 7, 2024
Sold by
Davuluri Srinivasa and Davuluri Aruna
Bought by
Thotakura Umamaheswararao and Nimmagadda Saran Chowdary
Seller's Agent
Alex Safadi
Internet Real Estate, Inc
Buyer's Agent
Alex Safadi
Internet Real Estate, Inc
Sold Price
$5,500
Views
41
Current Estimated Value
$904,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$899,271
Avg. Annual Appreciation
4.16%

Purchase Details

Closed on
Nov 1, 2014
Sold by
Toll Mi Ii Limited Partnership
Bought by
Davuluri Srinivasa and Davuluri Aruna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,900
Interest Rate
4.19%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Thotakura Umamaheswararao $875,000 None Listed On Document
Davuluri Srinivasa $645,903 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davuluri Srinivasa $162,900
Previous Owner Davuluri Srinivasa $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 -- --

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

    Seller's Agent in 2024

    Alex Safadi

    Internet Real Estate, Inc

    (248) 231-1209

    3 in this area

    290 Total Sales

    Alex Safadi
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Map

Michigan Oakland County Novi 48374 Island Lake

24890 Overlook Trail, Novi, MI

This home is located at 24890 Overlook Trail, Novi, MI 48374 and is currently estimated at $904,771, approximately $282 per square foot. 24890 Overlook Trail is a home located in Oakland County with nearby schools including Deerfield Elementary School, Novi Middle School, and Novi High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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