$440,000
SOLD NOV 4, 2014

24906 Reeds Pointe Dr Unit 47 Novi, MI 48374

Island Lake Neighborhood
3 Beds
3.5 Baths
2,658 Sq Ft
$383/mo HOA Fee

Recently Sold

$166 Per Sq Ft

7% Below List Price

42 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Clubhouse
  • Deerfield Elementary School Rated A+
  • Lake Privileges
  • Deck

About This Home

As of November 2020

Stunning Island Lake condo on premium wooded lot with lake view and lake privileges on Island Lake. Open floor plan, high ceilings, custom paint and trim throughout. Gourmet kitchen with granite counters, SS appliances, open to family room with stone fireplace. Beautiful wooded view from private deck and patio. Great room features wooded view, 2 story ceilings and designer wood trim. Dining room with wood floors and lake view. Master suite includes 2 large walk in closets, bath with jetted tub, dual sinks, euro shower. New, fully finished daylight basement includes an additional bedroom, bath with oversize shower, spacious living area with gorgeous stone fireplace, cedar closet, storage areas--it's the perfect in-law suite. 3rd floor loft area with skylight makes excellent home office or studio. Resort living: enjoy walking trails, tennis courts, pool, beach area, workout facility, swimming, kayaking, paddle boarding! Seller is licensed agent.

Last Agent to Sell the Property

Vicki Ascherl

Temporary Inactive Users License #6501268889 Listed on: 08/19/2014

Last Buyer's Agent

Christian Grothe

Max Broock, REALTORS®-Birmingham License #RCO-6501329715

Max Broock, REALTORS®-Birmingham

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2005 | Remodeled in 2012

Lot Details

  • Property fronts a private road
  • Wooded Lot

HOA Fees

  • $383 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Stone Siding

Interior Spaces

  • 2,658 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Water Views

Kitchen

  • Microwave
  • Dishwasher
  • 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

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • In Ground Pool
  • Lake Privileges
  • Deck
  • Patio
  • Exterior Lighting
  • Gazebo
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2219427047

Community Details

Overview

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

Amenities

  • Clubhouse

Pet Policy

  • Pets Allowed

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,160

Year Built

Built in 2005 | Remodeled in 2012

Lot Details

0

HOA Fees

$383 per month

Listing Details

  • Property Type: Condominium
  • Architecture Level: 2 Story
  • Year Built: 2005
  • Year Renovated: 2012
  • Foundation Features: Sump Pump
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Air Purifier, Cable Available, Humidifier, Jetted Tub
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement, Family Room
  • Room Count: 16
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 3558
  • Sq Ft Lower Floor: 900
  • Total Sq Ft: 2658
  • Sq Ft Total Bsmt: 1100

Exterior Features

  • Waterfront Name: ISLAND LAKE
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Stone
  • Exclusions: Yes
  • Exterior Features: Club House, Gazebo, Grounds Maintenance, Lighting, Pool - Inground, Tennis Court
  • Foundation Materials: Poured
  • Porch Type: Deck, Patio, Porch
  • Road Frontage Type: Paved, Private
  • Waterfront Description: Lake/River Priv

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Door Opener
  • 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

  • HOA Fee Includes: Water
  • Association Fee Frequency: Monthly
  • Phone: 2483749375
  • Association Fee: 383
  • Association Contact: Laura Wright
  • Association Fee: No

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Water View, Wooded
  • Parcel Number: 2219427047

Tax Info

  • Tax Amount Summer: 5051.0000
  • Tax Amount Winter: 1109.0000
  • Total Tax: 6160.0000

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
42
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 Type Sale Price Title Company
Warranty Deed $440,000 Michigan Title Ins Agcy Inc
Warranty Deed $450,000 None Available
Warranty Deed $440,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $315,000 Partners Title Agency Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $290,000 New Conventional
Previous Owner $360,000 New Conventional
Previous Owner $75,000 Unknown
Previous Owner $128,000 New Conventional
Previous Owner $396,000 New Conventional
Previous Owner $220,000 New Conventional
Previous Owner $252,000 New Conventional
Previous Owner $220,000 Fannie Mae Freddie Mac
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: 214084913

Realcomp

APN: 22-19-427-047