NOT LISTED FOR SALE

25654 Island Lake Dr Unit 62, 62 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $604,000 - $708,928

3 Beds
4 Baths
2,476 Sq Ft
$273/Sq Ft Est. Value

About This Home

This home is located at 25654 Island Lake Dr Unit 62, 62, Novi, MI 48374 and is currently estimated at $676,482, approximately $273 per square foot. 25654 Island Lake Dr Unit 62, 62 is a home located in Oakland County with nearby schools including Novi High School, Deerfield Elementary School, and Novi Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2025
Sold by
Vargas Philip R
Bought by
Jankowski Family Trust and Jankowski
Current Estimated Value
$676,482

Purchase Details

Closed on
May 12, 2023
Sold by
Vargas Philip R
Bought by
Vargas Philip R

Purchase Details

Closed on
Aug 17, 2018
Sold by
Lee Jae Sung and Lee Soweon
Bought by
Vargas Philip R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2009
Sold by
Relocation Promisor
Bought by
Lee Jae Sung and Lee Sowen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2005
Sold by
Shih Anna M
Bought by
Eckels Timothy and Connoyer Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Interest Rate
4.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Jankowski Family Trust $683,000 Ata National Title
Jankowski Family Trust $683,000 Ata National Title
Vargas Philip R -- Michigan Land Title
Vargas Philip R $582,000 None Available
Lee Jae Sung -- Metropolitan
Relocation Promisor $380,000 Metropolitan
Eckels Timothy $552,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vargas Philip R $410,700
Previous Owner Vargas Philip $45,000
Previous Owner Vargas Philip R $418,000
Previous Owner Vargas Philip R $436,500
Previous Owner Lee Jae Sung $150,000
Previous Owner Lee Jae Sung $200,000
Previous Owner Eckels Tim $442,000
Previous Owner Shih Anna M $500,000
Source: Public Records

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 $9,733 $311,130 $0 $0
2022 $10,839 $298,050 $0 $0
2020 $9,409 $303,500 $76,000 $227,500
2015 -- $269,750 $0 $0
2014 -- $235,500 $0 $0
2011 -- $186,550 $0 $0
Source: Public Records

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