NOT LISTED FOR SALE

24934 Reeds Pointe Dr Unit 44 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $612,157 - $659,000

3 Beds
2.5 Baths
2,610 Sq Ft
$475/mo HOA Fee

Last Sold December 16, 2021

Last sale price $490,000 $188 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,510/month

22 Days on Market

Highlights

  • Water Views
  • Dock Facilities
  • Cabana
  • Novi High School Rated A+
  • Beach Access
  • Lake Privileges

About This Home

As of December 2021

Welcome to island lake’s resort style with both gorgeous wooded/lake views. Located on a quiet cul-de-sac quite street. 2 story foyer, hardwood (2017)for most of 1st floor, tons of windows. French doors leading to sunroom/library with skylights. Kitchen has 42' yorktown wood cabinets, GE appliances, granite counters, and accent tile backsplash. Master suite with vaulted ceilings, walk-in closet, double sinks in vanity, jetted tub, and separate shower. Finished basement add more living area for entertaining. Association Features: beaches for swimming on the lake, kayaking, boating* boathouse has fitness center, olympic size pool plus kiddie pool, play center, tennis courts, sand volleyball* walking and bike trails centrally located in island lake. Award winning novi schools. Close to shopping & expressways.

Last Agent to Sell the Property

luyao jiang

EXP Realty Main License #6501419911 Listed on: 10/15/2021

EXP Realty Main

Last Buyer's Agent

Daniel Naurato

Keller Williams Advantage License #RCO-6501388818

Keller Williams Advantage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2004

Lot Details

  • Private Entrance
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $475 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof
  • Asphalt

Interior Spaces

  • 2,610 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Water Views
  • Finished Basement
  • Sump Pump

Kitchen

  • Built-In Gas Oven
  • Built-In Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Pool

  • Cabana
  • Outdoor Pool

Outdoor Features

  • Beach Access
  • Seawall
  • Dock Facilities
  • Boat Facilities
  • Lake Privileges
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Gazebo
  • Rain Gutter Guard System

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2219427044
  • $1,000 Seller Concession

Community Details

Overview

  • Lora@Ksmanagement.Org Association, Phone Number (734) 285-4442
  • Island Lake South Harbor Subdivision
  • Swim Association
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,009

Year Built

Built in 2004

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 55.5
  • Year Built: 2004
  • State Equalized Value: 243750.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Jetted Tub, Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Gas, Natural
  • Fireplace Locations: Family Room
  • Room Count: 14
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Built-In Gas Oven, Built-In Gas Range, Dishwasher, Disposal, Dryer, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 3630
  • Sq Ft Lower Floor: 1020
  • Total Sq Ft: 2610
  • Sq Ft Total Bsmt: 1548

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Island Lake
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Asphalt
  • Exterior Features: Tennis Court, Club House, Grounds Maintenance, Gutter Guard System, Lighting, Private Entry, Cabana, Gazebo, Pool – Community
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered, Deck, Patio, Porch, Patio - Covered
  • Road Frontage Type: Paved
  • Waterfront Description: Beach Access, Lake Privileges

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

  • HOA Fee Includes: Snow Removal, Maintenance Grounds, Pest Control, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: 7342854442
  • Association Fee: 475
  • Association Contact: lora@ksmanagement.org
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Corner Lot, Sprinkler(s), Wooded, Water View
  • Parcel Number: 2219427044

Tax Info

  • Tax Amount Summer: 7428.0000
  • Tax Amount Winter: 1581.0000
  • Total Tax: 9009.0000
  • Taxable Value: 242340.0000

Multi Family

  • Waterfront Features: Boat Facilities, Dock Facilities, Sea Wall, Swim Association

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Dec 16, 2021
Sold by
Wei Chao Tai
Bought by
Park Seungkeun
Seller's Agent
luyao jiang
EXP Realty Main
Buyer's Agent
Daniel Naurato
Keller Williams Advantage
List Price
$499,900
Sold Price
$490,000
Premium/Discount to List
-$9,900
-1.98%
Current Estimated Value
$643,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,039
Avg. Annual Appreciation
7.41%

Purchase Details

Listed on
Nov 25, 2014
Closed on
Mar 27, 2015
Sold by
Colbert Dewey K and Colbert Gertrude B
Bought by
Chao Tai Wei
Seller's Agent
Crystal Halley
RE/MAX Classic
Buyer's Agent
Jason Guo
Asia America Realty LLC
List Price
$450,000
Sold Price
$445,000
Premium/Discount to List
-$5,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.44%
Original Mortgage
$333,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2007
Sold by
Hossinger Linda and Linda Hossinger Revocable Trus
Bought by
Colbert Dewey K and Colbert Gertrude B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2004
Sold by
Toll Mi Ii Lp
Bought by
Hossinger Linda and Linda Hossinger Revocable Trust
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
Park Seungkeun $490,000 None Listed On Document
Chao Tai Wei $445,000 None Available
Colbert Dewey K $400,000 Metropolitan Title Company
Hossinger Linda $458,147 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chao Tai Wei $333,000
Previous Owner Colbert Dewey K $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2021 12/16/21 Sold $490,000 -2.0% $188 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $499,900 +12.3% $192 / Sq Ft
03/27/2015 03/27/15 Sold $445,000 -1.1% $170 / Sq Ft View Prior Sale
01/07/2015 01/07/15 Pending -- -- --
11/25/2014 11/25/14 For Sale $450,000 -- $172 / 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 $7,344 $241,930 $0 $0
2022 $8,875 $243,490 $0 $0
2020 $7,426 $241,300 $40,000 $201,300
2015 -- $197,850 $0 $0
2014 -- $181,150 $0 $0
2011 -- $169,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210086534

Realcomp

APN: 22-19-427-044