NOT LISTED FOR SALE

Estimated Value: $1,097,000 - $1,183,878

4 Beds
4.5 Baths
4,477 Sq Ft
$256/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $775,000 $173 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,497/month

6 Days on Market

Highlights

  • Dock Facilities
  • Beach Access
  • Built-In Refrigerator
  • Deerfield Elementary School Rated A+
  • Outdoor Pool
  • Lake Privileges

About This Home

As of September 2020

4400+ SQ FT SOMERSET COLONIAL LOCATED IN DESIRABLE ISLAND LAKE COMMUNITY. FOYER WITH GRAND STAIRCASE LEADS TO FORMAL LIVING & DINING ROOMS. FEATURES INCLUDE LIBRARY WITH CUSTOM CHERRY BUILT INS AND BRIGHT CONSERVATORY SURROUNDED BY WINDOWS & FRENCH DOORS TO PATIO. EAT IN KITCHEN OFFERS CONTEMPORARY CHERRY 42” CABS & SS BACKSPLASH, OPEN TO BREAKFAST ROOM. TWO STORY FAMILY W/ GAS FIREPLACE, FLOOR TO CEILING WINDOWS, HARDWOOD, & SECOND STAIRCASE. FINISHED LOWER LEVEL WALK UP. EAST FACING OUTDOOR LIVING SPACE WITH DECK, BRICK PAVER PATIO, AND LARGE COMMON AREA. WALKING DISTANCE TO ALL ISLAND LAKE HAS TO OFFER: BOATHOUSE, POOL, BEACHES, WALKING PATHS, VOLLEYBALL & TENNIS COURTS.

Last Agent to Sell the Property

Patti Mullen

Remerica Hometown One License #6501277402 Listed on: 07/31/2020

Last Buyer's Agent

Patti Mullen

Remerica Hometown One License #6501277402 Listed on: 07/31/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 168 x 200 x 44 x 193
  • Irregular Lot
  • Sprinkler System

HOA Fees

  • $112 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 4,477 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Dryer

Kitchen

  • Built-In Electric Oven
  • Built-In Electric Range
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Walk-Up Access
  • Sump Pump

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Beach Access
  • Dock Facilities
  • Boat Facilities
  • Lake Privileges
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2219377119

Community Details

Overview

  • Island Lake Orchards Assoc./Laura Wright Association, Phone Number (248) 374-9375
  • Island Lake Orchards Condo Subdivision
  • Swim Association

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,192

Year Built

Built in 2008

Lot Details

0

HOA Fees

$112 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: Trash Fee in Summer and Winter Tax Bill (approx. $86)
  • Year Built: 2008
  • State Equalized Value: 423900.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s), High Spd Internet Avail, Humidifier, Intercom, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 22
  • Total Bedrooms: 4
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walk-Up Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Built-In Electric Oven, Built-In Electric Range, Built-In Refrigerator
  • Sq Ft Combined: 6496
  • Sq Ft Lower Floor: 2019
  • Total Sq Ft: 4477
  • Sq Ft Total Bsmt: 2524

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: ISLAND LAKE
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Construction Features: Site Condo
  • Exterior Features: Club House, Lighting, Pool – Community
  • Foundation Materials: Poured
  • Frontage Feet: 168
  • Porch Type: Deck, Patio, Porch
  • Road Frontage Type: Paved
  • Waterfront Description: Beach Access, Lake Privileges, Lake/River Priv

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, 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: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Phone: (248) 374-9375
  • Association Fee: 335
  • Association Contact: Island Lake Orchards Assoc./Laura Wright
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Irregular, Sprinkler(s)
  • Lot Dimensions: 168 x 200 x 44 x 193
  • Parcel Number: 2219377119

Tax Info

  • Tax Amount Summer: 12570.0000
  • Tax Amount Winter: 2622.0000
  • Total Tax: 15192.0000
  • Taxable Value: 406010.0000

Multi Family

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

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Sep 1, 2020
Sold by
Smith Larry and Smith Linda S
Bought by
Arman Krikor
Seller's Agent
Patti Mullen
Remerica Hometown One
Buyer's Agent
Patti Mullen
Remerica Hometown One
List Price
$798,900
Sold Price
$775,000
Premium/Discount to List
-$23,900
-2.99%
Current Estimated Value
$1,145,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,470
Avg. Annual Appreciation
7.73%
Original Mortgage
$620,000
Outstanding Balance
$556,419
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$563,352

Purchase Details

Closed on
Oct 31, 2008
Sold by
Toll Mi Ii Limited Partnership
Bought by
Smith Larry and Smith Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,222
Interest Rate
6.09%
Mortgage Type
Unknown
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
Arman Krikor $775,000 None Available
Smith Larry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arman Krikor $620,000
Previous Owner Smith Larry $142,000
Previous Owner Smith Larry $394,715
Previous Owner Smith Larry $152,222
Previous Owner Smith Larry $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2020 09/01/20 Sold $775,000 -3.0% $173 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $798,900 0.0% $178 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $798,900 -- $178 / 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 $13,359 $456,210 $0 $0
2022 $14,785 $406,940 $0 $0
2020 $12,571 $423,900 $65,500 $358,400
2015 -- $367,850 $0 $0
2014 -- $334,700 $0 $0
2011 -- $311,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200059817

Realcomp

APN: 22-19-377-119