NOT LISTED FOR SALE

24938 Reeds Pointe Dr Unit 42 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $600,445 - $658,000

3 Beds
3.5 Baths
2,788 Sq Ft
$475/mo HOA Fee

Last Sold July 20, 2021

Last sale price $470,000 $169 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,441/month

43 Days on Market

Highlights

  • Boat Facilities
  • In Ground Pool
  • Cape Cod Architecture
  • Novi High School Rated A+
  • Lake Privileges
  • Clubhouse

About This Home

As of July 2021

GREAT BUY!**Rare, Island Lake Annapolis Floor Plan* 1st Floor Master Bedroom Suite*Peaceful Wooded Setting w/Island Lake Water View* Great Open Floor Plan* Generous Size Bedroom, Cathedral Ceiling, Lots of Windows, Large Bathroom, Dual Vanity, Jetted Tub, & Walk-In-Closet* Formal Dining & Living Rooms* 2 Story Great Room w/Gas Fireplace, Door to Deck and Patio* Extensive Use of Recessed Lighting and Hardwood Floors* Upper Level has Loft, 2 Bedrooms with Huge Closets and Full Bath* Full Finished Basement, Full Bath & Wet Bar* Great Space for Fun & Games* Enjoy All of Island Lake's Amenities: Boating (electric motors only), Boat House, Olympic Size Swimming Pool, Tennis Courts, Fitness Center, Walking Trails, Beaches, Fishing, Kayaking and more* The Best Part are the Sunset Views from All Around the Lake* Conveniently Located to Shopping, Expressways, Restaurants, Schools and Providence Hospital* Simplify Your Life and Make this Lovely Condominium Your New Home*

Last Agent to Sell the Property

Crystal Halley

RE/MAX Classic License #6501148995 Listed on: 05/06/2021

RE/MAX Classic

Co-Listed By

James Halley

RE/MAX Classic License #6501205784

Last Buyer's Agent

Paul Mruk

RE/MAX Classic License #6501241822

RE/MAX Classic

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2004

Lot Details

  • Property fronts an easement
  • Private Entrance
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $475 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Poured Concrete
  • Asphalt Roof
  • Shingle Siding
  • Stone Siding

Interior Spaces

  • 2,788 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Finished Basement

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Boat Facilities
  • Lake Privileges
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Gazebo

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2219427042

Community Details

Overview

  • Lora Wright 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

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,711

Year Built

Built in 2004

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Cape Cod
  • Architecture Level: 1 1/2 Story
  • Assessment: 76.98
  • Year Built: 2004
  • State Equalized Value: 245400.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Number Limit | Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Humidifier, High Spd Internet Avail, Jetted Tub, Programmable Thermostat, Wet Bar, Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 16
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Private
  • Kitchen Appliances: Built-In Electric Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 3988
  • Sq Ft Lower Floor: 1200
  • Total Sq Ft: 2788
  • Sq Ft Total Bsmt: 1642

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Island Lake
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Stone, Wood, Shingle Siding
  • Exterior Features: Tennis Court, Club House, Grounds Maintenance, Lighting, Private Entry, Gazebo, Pool – Community, Pool - Inground
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered, Deck, Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Waterfront Description: 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)
  • Laundry Facilities: No

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Sewer, Water
  • Association Fee Frequency: Monthly
  • Phone: 7342854442/lora@ksmanagement.org
  • Association Fee: 475
  • Association Contact: Lora Wright
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Easement, Sprinkler(s), Wooded
  • Parcel Number: 2219427042

Tax Info

  • Tax Amount Summer: 5520.0000
  • Tax Amount Winter: 1191.0000
  • Total Tax: 6711.0000
  • Taxable Value: 177010.0000

Multi Family

  • Waterfront Features: Boat Facilities, Swim Association

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jul 20, 2021
Sold by
Stalmack Charles E and Stalmack Lauren C
Bought by
Yun Joe H and Yun Sung Soon
Seller's Agent
Crystal Halley
RE/MAX Classic
Buyer's Agent
Paul Mruk
RE/MAX Classic
List Price
$524,900
Sold Price
$470,000
Premium/Discount to List
-$54,900
-10.46%
Current Estimated Value
$627,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,611
Avg. Annual Appreciation
7.11%

Purchase Details

Closed on
Sep 27, 2006
Sold by
Stalmack Lawrence S
Bought by
Stalmack Lawrence S and Lawrence S Stalmack Revocable Living Tr

Purchase Details

Closed on
Jan 27, 2005
Sold by
Toll Mi Ii Lp
Bought by
Stalmack Lawrence
Source: Public Records

Range of Values:

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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
Yun Joe H $470,000 None Available
Yun Joe H $470,000 Stalmack Charles
Stalmack Lawrence S -- None Available
Stalmack Lawrence $424,974 First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2021 07/20/21 Sold $470,000 -2.1% $169 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
06/15/2021 06/15/21 Price Changed $479,900 -4.0% $172 / Sq Ft
05/16/2021 05/16/21 Price Changed $500,000 -4.7% $179 / Sq Ft
05/06/2021 05/06/21 For Sale $524,900 -- $188 / 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 $7,498 $240,160 $0 $0
2022 $9,065 $248,770 $0 $0
2020 $5,520 $245,400 $40,000 $205,400
2015 -- $207,950 $0 $0
2014 -- $190,250 $0 $0
2011 -- $164,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Crystal Halley

    Seller's Agent in 2021

    Crystal Halley

    RE/MAX of Southeast Michigan

    (248) 568-0038

    13 in this area

    146 Total Sales

    Crystal Halley
    Section Image
  • James Halley

    Seller Co-Listing Agent in 2021

    James Halley

    RE/MAX of Southeast Michigan

    (248) 756-2637

    10 in this area

    47 Total Sales

    James Halley
    Section Image
  • Paul Mruk

    Buyer's Agent in 2021

    Paul Mruk

    RE/MAX of Southeast Michigan

    (248) 760-5008

    20 in this area

    277 Total Sales

    Paul Mruk
    Section Image
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Map

Source: Realcomp

MLS Number: 2210032319

Realcomp

APN: 22-19-427-042

Michigan Oakland County Novi 48374 Island Lake

24938 Reeds Pointe Dr Unit 42, Novi, MI

This home is located at 24938 Reeds Pointe Dr Unit 42, Novi, MI 48374 since 06 May 2021 and is currently estimated at $627,611, approximately $225 per square foot. This property was built in 2004. 24938 Reeds Pointe Dr Unit 42 is a home located in Oakland County with nearby schools including Novi High School, Deerfield Elementary School, and Novi Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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