NOT LISTED FOR SALE

25877 Terra Del Mar Dr Unit Bldg-Unit Novi, MI 48374

Island Lake Neighborhood

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

4 Beds
3 Baths
3,333 Sq Ft
$276/Sq Ft Est. Value

About This Home

This home is located at 25877 Terra Del Mar Dr Unit Bldg-Unit, Novi, MI 48374 and is currently estimated at $920,798, approximately $276 per square foot. 25877 Terra Del Mar Dr Unit Bldg-Unit 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
Apr 5, 2018
Sold by
Jun Jong Heun
Bought by
Benitez Farina Cibar M and Benitez Jessica Divirgil
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.
Original Mortgage
$496,000
Outstanding Balance
$426,750
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$494,048

Purchase Details

Closed on
Feb 19, 2014
Sold by
Gessler Paul B and Gessler Karen
Bought by
Jun Jong Heun

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:

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
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

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

Map

Michigan Oakland County Novi 48374 Island Lake

25877 Terra Del Mar Dr Unit Bldg-Unit, Novi, MI

This home is located at 25877 Terra Del Mar Dr Unit Bldg-Unit, Novi, MI 48374 and is currently estimated at $920,798, approximately $276 per square foot. 25877 Terra Del Mar Dr Unit Bldg-Unit is a home located in Oakland County with nearby schools including Novi High School, Deerfield Elementary School, and Novi Middle School.

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