NOT LISTED FOR SALE

24910 Reeds Pointe Dr Unit 45 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $566,495 - $784,000

3 Beds
2.5 Baths
2,598 Sq Ft
$383/mo HOA Fee

Last Sold June 06, 2014

Last sale price $420,000 $162 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,478/month

70 Days on Market

Highlights

  • Water Views
  • Outdoor Pool
  • Clubhouse
  • Novi High School Rated A+
  • Lake Privileges
  • Deck

About This Home

As of June 2014

GORGEOUS & STUNNING END UNIT IN BEAUTIFUL ISLAND LAKE OF NOVI ON PRIVATE CU-DE-SAC. SPECTACULAR WOODED SETTING & VIEWS OF LAKE. OPEN FLOOR PLAN WITH GRANITE KITCHEN, STAINLESS APPLIANCES & HARDWOOD. VAULTED CEILINGS, FRESHLY PAINTED INTERIOR WITH NEUTRAL COLORS & NEW UPGRADED CARPET. LOVELY SUNROOM WITH SERENE VIEW. ENJOY WALKING TRAILS, CLUBHOUSE, POOL & TENNIS COURTS. SOME EXCLUSIONS - CHANDELIERS (FOYER, DINING RM, MASTER BEDROOM).

Last Agent to Sell the Property

Jamey Kramer

RE/MAX Classic License #6501261596 Listed on: 02/17/2014

RE/MAX Classic

Co-Listed By

Jean Lang

RE/MAX Classic License #6501310312

Last Buyer's Agent

Roger Murray

RE/MAX Classic License #RCO-6501260115

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2005

Lot Details

  • End Unit
  • Private Entrance
  • Wooded Lot

HOA Fees

  • $383 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Composition Roof
  • Stone Siding

Interior Spaces

  • 2,598 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Water Views
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Lake Privileges
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2219427045

Community Details

Overview

  • Island Lake South Harbor Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,829

Year Built

Built in 2005

Lot Details

0

HOA Fees

$383 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: End Unit
  • Architecture Level: 2 Story
  • Year Built: 2005
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 2598
  • Total Sq Ft: 2598
  • Sq Ft Total Bsmt: 1536

Exterior Features

  • Roof Material: Composition
  • Waterfront Name: ISLAND LAKE
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Stone, Wood
  • Exclusions: Yes
  • Exterior Features: Club House, Grounds Maintenance, Lighting, Pool – Community, Private Entry, Tennis Court
  • Foundation Materials: Poured
  • Porch Type: Deck, Porch, Porch - Covered
  • Road Frontage Type: Paved
  • Waterfront Description: Lake/River Priv

Garage/Parking

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

  • Association Fee Frequency: Monthly
  • Association Fee: 383
  • Association Fee: No

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Water View, Wooded
  • Parcel Number: 2219427045

Tax Info

  • Tax Amount Summer: 5388.0000
  • Tax Amount Winter: 2441.0000
  • Total Tax: 7829.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2014
Closed on
Jun 6, 2014
Sold by
Lisa L Topley Revocable Living Trust and Topley Lisa L
Bought by
Maher Edwina J
Seller's Agent
Jamey Kramer
RE/MAX Classic
Buyer's Agent
Roger Murray
RE/MAX Classic
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%
Current Estimated Value
$661,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,374
Avg. Annual Appreciation
4.08%
Original Mortgage
$378,000
Outstanding Balance
$287,298
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$374,076

Purchase Details

Closed on
Jul 26, 2013
Sold by
Topley Lisa L
Bought by
Topley Lisa L and Lisa L Topley Revocable Living Trust

Purchase Details

Listed on
Apr 8, 2013
Closed on
May 21, 2013
Sold by
Rhee Sang Seol and Rhee Chung Wha
Bought by
Topley Lisa L
Seller's Agent
Jeff Glover
KW Professionals
Buyer's Agent
Jamey Kramer
RE/MAX Classic
List Price
$399,900
Sold Price
$395,000
Premium/Discount to List
-$4,900
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%

Purchase Details

Closed on
May 20, 2005
Sold by
Toll Mi Ii Lp
Bought by
Rhee Sang Seol and Rhee Chung Wha
Source: Public Records

Range of Values:

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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
Maher Edwina J $420,000 Title One Inc
Topley Lisa L -- None Available
Topley Lisa L $395,000 None Available
Rhee Sang Seol $439,575 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maher Edwina J $378,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2014 06/06/14 Sold $420,000 -6.7% $162 / Sq Ft
04/28/2014 04/28/14 Pending -- -- --
02/17/2014 02/17/14 For Sale $450,000 +13.9% $173 / Sq Ft
05/20/2013 05/20/13 Sold $395,000 -1.2% $152 / Sq Ft View Prior Sale
04/26/2013 04/26/13 Pending -- -- --
04/08/2013 04/08/13 For Sale $399,900 -- $154 / 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 $6,899 $226,810 $0 $0
2022 $8,089 $228,210 $0 $0
2020 $6,584 $226,500 $40,000 $186,500
2015 -- $196,300 $0 $0
2014 -- $179,750 $0 $0
2011 -- $168,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214013570

Realcomp

APN: 22-19-427-045