NOT LISTED FOR SALE

25877 Terra Del Mar Dr Unit 100 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $851,190 - $985,000

4 Beds
2.5 Baths
3,324 Sq Ft
$277/Sq Ft Est. Value

Last Sold April 05, 2018

Last sale price $622,500 $187 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,747/month

48 Days on Market

Highlights

  • Tennis Courts
  • Outdoor Pool
  • Colonial Architecture
  • Novi High School Rated A+
  • Lake Privileges
  • Clubhouse

About This Home

As of April 2018

UPDATED NOVI COLONIAL IN THE HEART OF ISLAND LAKE OF NOVI. GREAT LOCATION, CLOSE TO BOATHOUSE AND LAKE. OVER $80,000 IN UPDATES INCLUDING WIDE PLANK HARDWOOD FLOORS THROUGHOUT, NEWER BATHROOMS WITH EURO SHOWER DOORS, FRESH PAINT, NEWER LIGHT FIXTURES THROUGHOUT, NEWER CEILING FANS, STAINLESS STEEL KITCHEN APPLIANCES, CUSTOM ORGANIZED CLOSET, UPSCALE FAUCETS AND HARDWARE, WASHER & DRYER, LIGHTED TREX DECK IN 2016. 2 STORY FOYER, EXTENSIVE TRIM THROUGHOUT, FORMAL DINING WITH TRAY CEILING, 2 STORY EXPANDED FAMILY ROOM WITH SKYLIGHTS AND REAR STAIRCASE. SPACIOUS LOFT OVERLOOKS FAMILY ROOM. LARGE STORAGE AREA OFF THE LOFT. BREAKFAST NOOK W/SKYLIGHT, MASTER BEDROOM W/TRAY CEILING. LIBRARY WITH BUILT-IN BOOKCASE. EXTRA DEEP BASEMENT, WITH EGRESS WINDOW, IS READY FOR YOU TO FINISH. ENJOY RESORT LIVING WITH PRIVATE LAKE, SWIMMING POOL, BOATHOUSE, FITNESS CENTER, AND TRAILS. HOME WARRANTY OFFERED.

Last Agent to Sell the Property

Lisa Chung

Real Estate One-Northville License #6501363268 Listed on: 01/03/2018

Real Estate One-Northville

Last Buyer's Agent

Justine Bitonti

Keller Williams Lakeside License #6501379463

Keller Williams Lakeside

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2004 | Remodeled in 2014

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 138x150
  • Corner Lot

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,324 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Lake Privileges
  • Tennis Courts
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

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

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2219376088

Community Details

Overview

  • Amp Association, Phone Number (248) 374-9375
  • Island Lake Orchards Condo Subdivision
  • Swim Association

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,135

Year Built

Built in 2004 | Remodeled in 2014

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Warranty: Yes
  • Year Built: 2004
  • Year Renovated: 2014
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 15
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 3324
  • Total Sq Ft: 3324
  • Sq Ft Total Bsmt: 1762

Exterior Features

  • Waterfront Name: ISLAND LAKE
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Construction Features: Site Condo
  • Exterior Features: Club House, Lighting, Pool – Community, Tennis Court
  • Foundation Materials: Poured
  • Frontage Feet: 138
  • Porch Type: Deck, Patio, Porch
  • Road Frontage Type: Paved
  • Waterfront Description: Lake/River Priv

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity, Side Entrance
  • 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

  • Association Fee Frequency: Quarterly
  • Phone: 248-374-9375
  • Association Fee: 375
  • Association Contact: AMP
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1657631.5789
  • Lot Features: Corner Lot
  • Lot Size Area: 0.38
  • Lot Dimensions: 138X150
  • Parcel Number: 2219376088

Tax Info

  • Tax Amount Summer: 7639.0000
  • Tax Amount Winter: 1496.0000
  • Total Tax: 9135.0000

Multi Family

  • Waterfront Features: Swim Association

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2018
Closed on
Apr 5, 2018
Sold by
Jun Jong Heun
Bought by
Benitez Farina Cibar M and Benitez Jessica Divirgil
Seller's Agent
Lisa Chung
Real Estate One-Northville
Buyer's Agent
Justine Bitonti
Keller Williams Lakeside
List Price
$629,900
Sold Price
$622,500
Premium/Discount to List
-$7,400
-1.17%
Current Estimated Value
$920,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,298
Avg. Annual Appreciation
5.33%
Original Mortgage
$496,000
Outstanding Balance
$426,750
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$494,048

Purchase Details

Listed on
Jan 11, 2014
Closed on
Feb 19, 2014
Sold by
Gessler Paul B and Gessler Karen
Bought by
Jun Jong Heun
Seller's Agent
Lori Dubach
Remerica United Realty
Buyer's Agent
Lisa Chung
Real Estate One-Northville
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.10%

Purchase Details

Closed on
Sep 13, 2011
Sold by
Richter Leslie Carol and Gessler Leslie Richter
Bought by
Gessler Paul B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2004
Sold by
Toll Mi Ii Lp
Bought by
Gessler Paul B and Gessler Leslie Richter
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
Benitez Farina Cibar M $622,500 First American Mortgage Solu
Jun Jong Heun $625,000 Bankers Title Settlement Ser
Gessler Paul B -- None Available
Gessler Paul B $588,094 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benitez Farina Cibar M $496,000
Previous Owner Gessler Paul B $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2018 04/05/18 Sold $622,500 -1.2% $187 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
01/03/2018 01/03/18 For Sale $629,900 +0.8% $190 / Sq Ft
02/19/2014 02/19/14 Sold $625,000 -3.8% $188 / Sq Ft View Prior Sale
01/27/2014 01/27/14 Pending -- -- --
01/11/2014 01/11/14 For Sale $650,000 -- $196 / 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 $9,521 $306,490 $0 $0
2022 $10,555 $289,400 $0 $0
2020 $9,142 $294,500 $65,000 $229,500
2015 -- $256,950 $0 $0
2014 -- $239,250 $0 $0
2011 -- $238,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Chung

    Seller's Agent in 2018

    Lisa Chung

    Real Estate One

    (248) 756-7910

    3 in this area

    52 Total Sales

    Lisa Chung
    Section Image

  • J

    Buyer's Agent in 2018

    Justine Bitonti

    Keller Williams Lakeside

    Section Image
  • Lori Dubach

    Seller's Agent in 2014

    Lori Dubach

    Remerica United Realty

    (248) 320-2727

    3 in this area

    27 Total Sales

    Lori Dubach
    Section Image
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Map

Source: Realcomp

MLS Number: 218000808

Realcomp

APN: 22-19-376-088

Michigan Oakland County Novi 48374 Island Lake

25877 Terra Del Mar Dr Unit 100, Novi, MI

This home is located at 25877 Terra Del Mar Dr Unit 100, Novi, MI 48374 since 03 January 2018 and is currently estimated at $920,798, approximately $277 per square foot. This property was built in 2004. 25877 Terra Del Mar Dr Unit 100 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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