NOT LISTED FOR SALE

25933 Terra Del Mar Dr Unit 102 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $955,000 - $1,080,000

4 Beds
3.5 Baths
3,482 Sq Ft
$293/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $695,000 $200 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,395/month

9 Days on Market

Highlights

  • Outdoor Pool
  • Lake Privileges
  • Deck
  • Novi High School Rated A+
  • Cape Cod Architecture
  • 3 Car Direct Access Garage

About This Home

As of June 2018

Spectacular Custom Home available in Island Lakes of Novi ! Beautiful Over-Sized Corner Lot with a Lovely Parisian Garden. Too many custom features to list -- Hardwoods throughout much of home, Granite/Stainless Chef’s Kitchen, Stone Back Splash, Butler's Pantry, Spacious First Floor Master Suite with Jacuzzi tub and over-sized walk in closet. Spacious loft area and 3 bedrooms upstairs with an open bridge overlooking Living Room Below. Fully finished basement for entertaining and family parties. Included is a Full Workout Gym, Full Sauna, and Pool Table. Enjoy the Lifestyle in one of Michigan’s most Esteemed Developments offering a lake, pool, kiddy pool, beach, clubhouse, tennis courts, workout facility and more! SHOWINGS BEGIN MAY 14 AT 1:00PM

Last Agent to Sell the Property

Michael O'Connell

Griffon Realty License #6501237802 Listed on: 05/09/2018

Last Buyer's Agent

Alex Safadi

Internet Real Estate, Inc License #6501248553

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 00.51x150x134.76x151.63

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage

Home Design

  • Cape Cod Architecture
  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 3,482 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Outdoor Pool
  • Lake Privileges
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2219376090

Community Details

Overview

  • Island Lake Orchards Condo Subdivision
  • Swim Association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,392

Year Built

Built in 2004

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod, Contemporary
  • Architecture Level: 2 Story
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 5446
  • Sq Ft Lower Floor: 1964
  • Total Sq Ft: 3482
  • Sq Ft Total Bsmt: 2183

Exterior Features

  • Roof Material: Composition
  • Waterfront Name: ISLAND LAKE
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Exterior Features: Pool – Community
  • Foundation Materials: Poured
  • Frontage Feet: 150
  • Porch Type: Deck, Patio
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Waterfront Description: Lake/River Priv

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Direct Access, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric, Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Association Fee: 375
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Dimensions: 00.51x150x134.76x151.63
  • Parcel Number: 2219376090

Tax Info

  • Tax Amount Summer: 8017.0000
  • Tax Amount Winter: 1375.0000
  • Total Tax: 9392.0000

Multi Family

  • Waterfront Features: Swim Association

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2018
Closed on
Jun 15, 2018
Sold by
Luft Paul J and Luft Kathleen L
Bought by
Gandhi Vikram and Gandhi Vani
Seller's Agent
Michael O'Connell
Griffon Realty
Buyer's Agent
Alex Safadi
Internet Real Estate, Inc
List Price
$689,900
Sold Price
$695,000
Premium/Discount to List
$5,100
0.74%
Current Estimated Value
$1,020,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,002
Avg. Annual Appreciation
5.34%

Purchase Details

Closed on
Oct 21, 2004
Sold by
Toll Mi Ii Lp
Bought by
Luft Paul J and Luft Kathleen L
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
Gandhi Vikram $695,000 Bell Title Agency
Luft Paul J $660,486 First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2018 06/15/18 Sold $695,000 +0.7% $200 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $689,900 -0.7% $198 / Sq Ft
05/10/2018 05/10/18 Off Market $695,000 -- --
05/09/2018 05/09/18 For Sale $689,900 -- $198 / 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 $11,051 $370,360 $0 $0
2022 $12,241 $348,680 $0 $0
2020 $9,958 $354,300 $65,000 $289,300
2015 -- $284,600 $0 $0
2014 -- $264,450 $0 $0
2011 -- $263,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218034315

Realcomp

APN: 22-19-376-090