NOT LISTED FOR SALE

24927 Reeds Pointe Dr Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $715,000 - $860,000

3 Beds
3.5 Baths
2,610 Sq Ft
$549/mo HOA Fee

Last Sold October 27, 2023

Last sale price $725,000 $278 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,545/month

24 Days on Market

Highlights

  • Lake Front
  • Dock Facilities
  • Colonial Architecture
  • Novi High School Rated A+
  • In Ground Pool
  • Clubhouse

About This Home

As of October 2023

Welcome to this grand 2600 sqft Highly Desirable, rarely available END UNIT CONDO in Island Lake of Novi community, offering effortless lakefront living with a dock for you boat. Inside, revel in the elegance of cherry cabinets, granite countertops, and built-in appliances in the spacious kitchen. The living spaces are inviting, with a four-season room providing picturesque views of the lake. With 3 bedrooms, 3.1 bathrooms, and a finished walkout basement, this condo is a perfect blend of luxury and nature. Enjoy maintenance-free living as the HOA takes care of roof, exterior painting, landscaping (trimming of bushes and lawn), sewer, trash, water, and dock maintenance and placement, allowing you to savor the relaxed lakefront lifestyle to the fullest. Take advantage of the community's amenities, including pickleball courts, beach access, and nature trails, enhancing your resort-like experience. Additionally, the finished walkout basement features a tool room and ample storage space for your convenience. Welcome home to a truly grand entrance and the epitome of lakefront luxury. AWARD WINNING NOVI SCHOOLS.

Last Agent to Sell the Property

Jennifer Murray

KW Professionals Brighton License #6501430223 Listed on: 09/23/2023

KW Professionals Brighton

Co-Listed By

Irene Litner

KW Professionals Brighton License #6501444555

Last Buyer's Agent

Christina Gennari

KW Domain License #6501322143

KW Domain

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2005

Lot Details

  • Lake Front
  • Private Entrance

HOA Fees

  • $549 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 2,610 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Security System Owned

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Sump Pump
  • Fireplace in Basement

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Dock Facilities
  • Deck
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater

Additional Features

  • Stairway
  • Air Purifier
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2219427012

Community Details

Overview

  • Ks Management Association, Phone Number (734) 285-4442
  • Island Lake South Harbor Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,835

Year Built

Built in 2005

Lot Details

0

HOA Fees

$549 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 112.00
  • Year Built: 2005
  • State Equalized Value: 325800.0000
  • Accessibility Features: Accessible Stairway
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Number Limit, Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Air Purifier, Humidifier, Jetted Tub, Programmable Thermostat, Security Alarm (owned)
  • 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: Finished, Walk-Out Access
  • Kitchen Appliances: Built-In Electric Oven, Dishwasher, Disposal, Dryer, Free-Standing Refrigerator, Gas Cooktop, Microwave, Range Hood, Washer
  • Sq Ft Combined: 3596
  • Sq Ft Lower Floor: 986
  • Total Sq Ft: 2610
  • Sq Ft Total Bsmt: 1658

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Island Lake
  • Pool: Yes
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Stone
  • Exterior Features: Tennis Court, Club House, Grounds Maintenance, Lighting, Private Entry, Pool – Community, Pool - Inground
  • Foundation Materials: Poured
  • Porch Type: Deck
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Waterfront Description: Lake Front

Garage/Parking

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: (734) 285-4442
  • Association Fee: 549
  • Association Contact: KS Management
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Parcel Number: 2219427012

Tax Info

  • Tax Amount Summer: 9394.0000
  • Tax Amount Winter: 3441.0000
  • Total Tax: 12835.0000
  • Taxable Value: 247450.0000

Multi Family

  • Waterfront Features: Dock Facilities

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2023
Closed on
Oct 27, 2023
Sold by
Mary Beebe S and Mary Margaret
Bought by
Sheeran Thomas
Seller's Agent
Jennifer Murray
KW Professionals Brighton
Buyer's Agent
Christina Gennari
KW Domain
List Price
$700,000
Sold Price
$725,000
Premium/Discount to List
$25,000
3.57%
Views
43
Current Estimated Value
$776,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,758
Avg. Annual Appreciation
3.60%
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
Sheeran Thomas $725,000 Peak Title
Sheeran Thomas $725,000 Peak Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2023 10/27/23 Sold $725,000 +3.6% $278 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
09/23/2023 09/23/23 For Sale $700,000 -- $268 / 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 $10,337 $325,800 $0 $0
2022 $12,391 $300,780 $0 $0
2020 $8,660 $296,400 $75,000 $221,400
2015 -- $261,350 $0 $0
2014 -- $242,300 $0 $0
2011 -- $195,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230079038

Realcomp

APN: 22-19-427-012