NOT LISTED FOR SALE

24901 Reeds Pointe Dr Unit 16 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $721,000 - $875,559

3 Beds
3.5 Baths
2,562 Sq Ft
$383/mo HOA Fee

Last Sold May 01, 2015

Last sale price $600,000 $234 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,389/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Fireplace in Primary Bedroom
  • 2 Car Attached Garage
  • Deerfield Elementary School Rated A+
  • Deck
  • Patio

About This Home

As of May 2015

This spectacular, professionally decorated end unit, waterfront condominium has every upgrade imaginable including some that Toll Brother’s never did before. The condominium has a luxurious first floor master suite with its own fireplace and lots of windows that offer great views of the lake. There are also great views from the great room, solarium, large deck family room and brick paver patio. Your own boat slip is right outside your door. There is a second kitchen and 3rd fireplace in the finished walk-out basement. There is extensive use of hardwood floors, decorative moldings, upgraded cabinetry, beautiful granite, custom paint treatments, and beautiful light fixtures. This is the jewel of Island Lake.

Last Agent to Sell the Property

James Wolfe

Century 21 Curran & Oberski License #6501204079 Listed on: 02/09/2015

Century 21 Curran & Oberski

Last Buyer's Agent

Joseph Williams

Remerica United Realty License #RCO-6501266365

Remerica United Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2005

Lot Details

  • Property fronts a private road
  • Private Entrance

HOA Fees

  • $383 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Stone Siding

Interior Spaces

  • 2,562 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • Island Lake South Harbor Subdivision
  • On-Site Maintenance

Listing and Financial Details

  • Assessor Parcel Number 2219427016

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,031

Year Built

Built in 2005

Lot Details

0

HOA Fees

$383 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Assessment: NOME KNOWN
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement, Living Room, Primary Bedroom
  • Room Count: 12
  • 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: 4062
  • Sq Ft Lower Floor: 1500
  • Total Sq Ft: 2562
  • Sq Ft Total Bsmt: 1658

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Stone
  • Exterior Features: Grounds Maintenance, Private Entry
  • Foundation Materials: Poured
  • Porch Type: Deck, Patio
  • Road Frontage Type: Private

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: No

Condo/Co-op/Association

  • HOA Fee Includes: Water
  • Association Fee Frequency: Monthly
  • Association Fee: 383
  • Association Fee: No

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Parcel Number: 2219427016

Tax Info

  • Tax Amount Summer: 6601.0000
  • Tax Amount Winter: 1430.0000
  • Total Tax: 8031.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2015
Closed on
May 1, 2015
Sold by
The Kent Family Trust and Kent Thomas A
Bought by
Brown Jenny M
Seller's Agent
James Wolfe
Century 21 Curran & Oberski
Buyer's Agent
Joseph Williams
Remerica United Realty
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Total Days on Market
8
Current Estimated Value
$785,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,640
Avg. Annual Appreciation
2.56%

Purchase Details

Closed on
Sep 4, 2011
Sold by
Kent Thomas A and Kent Patricia A
Bought by
Kent Thomas A and Kent Patricia A

Purchase Details

Closed on
Oct 28, 2005
Sold by
Toll Mi Ii Limited Partnership
Bought by
Kent Thomas A and Kent Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Brown Jenny M $600,000 None Available
Kent Thomas A -- None Available
Kent Thomas A $617,785 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kent Thoma A $295,000
Previous Owner Kent Thomas A $132,000
Previous Owner Kent Thomas A $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2015 05/01/15 Sold $600,000 -4.0% $234 / Sq Ft
02/17/2015 02/17/15 Pending -- -- --
02/09/2015 02/09/15 For Sale $625,000 -- $244 / 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 $10,041 $331,210 $0 $0
2022 $11,116 $305,740 $0 $0
2020 $9,293 $301,200 $75,000 $226,200
2015 -- $266,700 $0 $0
2014 -- $247,150 $0 $0
2011 -- $200,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215011227

Realcomp

APN: 22-19-427-016