NOT LISTED FOR SALE

24906 Reeds Pointe Dr Unit 47 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $601,000 - $692,000

3 Beds
3.5 Baths
2,658 Sq Ft
$238/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $440,000 $166 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,615/month

153 Days on Market

Highlights

  • Dock Facilities
  • Beach Access
  • Lake Privileges
  • Deerfield Elementary School Rated A+
  • In Ground Pool
  • Colonial Architecture

About This Home

As of November 2020

Beautiful Island Lake condo just in time to enjoy the rest of summer in your own piece of luxury. Move right into this 3 story condo w/spectacular views. Hardwood floors & neutral paint throughout. The kitchen is a cook's dream with stainless steel appliances, granite counters and an expansive bar-top counter. The kitchen adjoins a cozy family room area, perfect for gathering & eating w/ a stone fireplace & door wall leading out to the beautiful private wooded backyard w/ a deck & patio. Beautiful living room with 2 story windows and tons of natural light flowing in. The second floor boasts large master with en suite and 2 walk in closets. You will love the bonus space on the 3rd floor! The professionally finished basement is a perfect living area w/ fireplace, bedroom/office/game room, full ceramic bath, ample storage & even a cedar closet! Enjoy all the amenities that Island Lakes of Novi has to offer: pools, beach, lake access, walking trails, clubhouse & beautiful surroundings.

Last Agent to Sell the Property

Therese Antonelli

Moving The Mitten RE Group Inc License #6501366596 Listed on: 05/29/2020

Co-Listed By

Danell Ledin

Redefine Real Estate License #6501403076

Last Buyer's Agent

Sid Jamil

Arterra Luxe Collection LLC License #RCO-6501391317

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 2005

Lot Details

  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,658 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Dining Room with Fireplace

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Sump Pump
  • Fireplace in Basement
  • Natural lighting in basement

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Dock Facilities
  • Boat Facilities
  • Lake Privileges
  • Deck
  • Covered patio or porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2219427047

Community Details

Overview

  • Amp Management/ Lori Wright Association, Phone Number (248) 374-9375
  • Island Lake South Harbor Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,995

Year Built

Built in 2005

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial, Townhouse
  • Architecture Level: 3 Story
  • Assessment: 75.48
  • Year Built: 2005
  • State Equalized Value: 263500.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Jetted Tub
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement, Dining Room
  • Room Count: 14
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Finished
  • Kitchen Appliances: Gas Cooktop, Dishwasher, Disposal, Dryer, Microwave, Built-In Electric Oven, Range Hood, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 3934
  • Sq Ft Lower Floor: 1276
  • Total Sq Ft: 2658
  • Sq Ft Total Bsmt: 1276

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Island Lake
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Stone, Vinyl, Wood
  • Exterior Features: Club House, Grounds Maintenance, Lighting, Pool – Community, Pool - Inground, Tennis Court
  • Foundation Materials: Poured
  • Porch Type: Deck, Patio, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Waterfront Description: Beach Access, Lake Privileges, Lake/River Priv

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 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)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: 248-374-9375/lrwright@ampteam.net
  • Association Fee: 400
  • Association Contact: AMP Management/ Lori Wright
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Lot Features: Sprinkler(s), Wooded
  • Parcel Number: 2219427047

Tax Info

  • Tax Amount Summer: 8242.0000
  • Tax Amount Winter: 1753.0000
  • Total Tax: 9995.0000
  • Taxable Value: 263500.0000

Multi Family

  • Waterfront Features: Boat Facilities, Dock Facilities

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Nov 13, 2020
Sold by
Harb Alex and Bakhos Georges
Bought by
Gregart Tricia and Gregart Joseph
Seller's Agent
Therese Antonelli
Moving The Mitten RE Group Inc
Buyer's Agent
Sid Jamil
Arterra Luxe Collection LLC
List Price
$480,000
Sold Price
$440,000
Premium/Discount to List
-$40,000
-8.33%
Total Days on Market
153
Current Estimated Value
$633,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,516
Avg. Annual Appreciation
8.30%
Original Mortgage
$290,000
Outstanding Balance
$260,986
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$372,530

Purchase Details

Listed on
Jan 15, 2018
Closed on
Mar 9, 2018
Sold by
Ahmed Ismael and King Ahmed Margaret
Bought by
Bakhos Georges
Seller's Agent
Christian Grothe
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Danell Ledin
Moving The Mitten RE Group Inc
List Price
$459,900
Sold Price
$450,000
Premium/Discount to List
-$9,900
-2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.84%
Original Mortgage
$360,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2014
Closed on
Nov 4, 2014
Sold by
The Thomas Alan Ascherl Trust
Bought by
Ahmed Ismael N and King Ahmed Margaret
Seller's Agent
Vicki Ascherl
Temporary Inactive Users
Buyer's Agent
Christian Grothe
Max Broock, REALTORS®-Birmingham
List Price
$475,000
Sold Price
$440,000
Premium/Discount to List
-$35,000
-7.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.67%
Original Mortgage
$396,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2012
Sold by
Ascherl Thomas and Zydeck Ascherl Vicki
Bought by
The Thomas Alan Ascherl Trust and The Vicki Lynn Zydeck Ascherl Trust

Purchase Details

Closed on
Jan 29, 2010
Sold by
Brandemihl Gregg N and Ogorman Patricia
Bought by
Ascherl Thomas and Zydeck Ascherl Vicki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.2%
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
Gregart Tricia $440,000 Michigan Title Ins Agcy Inc
Bakhos Georges $450,000 None Available
Ahmed Ismael N $440,000 None Available
The Thomas Alan Ascherl Trust -- None Available
Ascherl Thomas $315,000 Partners Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregart Tricia $290,000
Previous Owner Bakhos Georges $360,000
Previous Owner Ahmed Ismael $75,000
Previous Owner Ahmed Ismael N $128,000
Previous Owner Ahmed Ismael N $396,000
Previous Owner Zydock Ascherl Vicki $220,000
Previous Owner Zydeck Ascherl Vicki $252,000
Previous Owner Brandemihl Gregg N $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $440,000 -2.2% $166 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/08/2020 10/08/20 Price Changed $450,000 -2.2% $169 / Sq Ft
08/24/2020 08/24/20 Price Changed $460,000 -3.2% $173 / Sq Ft
06/25/2020 06/25/20 Price Changed $475,000 -1.0% $179 / Sq Ft
05/29/2020 05/29/20 For Sale $480,000 0.0% $181 / Sq Ft
09/06/2018 09/06/18 Rented $3,000 0.0% --
09/06/2018 09/06/18 Under Contract -- -- --
09/06/2018 09/06/18 For Rent $3,000 0.0% --
03/09/2018 03/09/18 Sold $450,000 -2.2% $169 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $459,900 +4.5% $173 / Sq Ft
11/04/2014 11/04/14 Sold $440,000 -7.4% $166 / Sq Ft
09/30/2014 09/30/14 Pending -- -- --
08/19/2014 08/19/14 For Sale $475,000 -- $179 / 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 $7,911 $253,660 $0 $0
2022 $9,571 $262,820 $0 $0
2020 $8,070 $259,950 $40,000 $219,950
2015 -- $191,550 $0 $0
2014 -- $181,500 $0 $0
2011 -- $157,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200036943

Realcomp

APN: 22-19-427-047