NOT LISTED FOR SALE

26031 Island Lake Dr Unit 34 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $589,228 - $692,000

3 Beds
2.5 Baths
2,802 Sq Ft
$450/mo HOA Fee

Last Sold August 17, 2018

Last sale price $470,000 $168 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,566/month

5 Days on Market

Highlights

  • Water Views
  • Boat Facilities
  • Lake Privileges
  • Deerfield Elementary School Rated A+
  • Outdoor Pool
  • 4-minute walk to Island Lake of Novi North Park

About This Home

As of August 2018

Desirable 1st Floor Master, Annapolis Model* Great Island Lake Location, Backs to Woods w/Beautiful Lake View* Maintenance Free, Move-In-Ready* Recently Painted Throughout* New Carpet* Updated Light Fixtures* Kitchen has Granite Counters, Includes all Appliances & Snack Bar opens onto 2 Story Family Room*
1st Floor Master Suite w/Double Sinks, Separate Tub & Shower* Walk-In- Closet* Generous Size Bedrooms* Loft Area Upstairs for Relaxing or Computer/Study Station* Refinished Hardwood Floors* Gas Fireplace* Loads of Space for Living and Storage* Enjoy Resort Style Living* Lake Access, Beaches, Swim Pool, Boat House for Parties, Fitness Center, Tennis Courts, Play Structures, Walking Trails* All Conveniently Located to Expressway Access, Shopping & Dining* Novi Schools, Deerfield Elementary & Catholic Central all close by*

Last Agent to Sell the Property

Crystal Halley

RE/MAX Classic License #6501148995 Listed on: 07/06/2018

RE/MAX Classic

Last Buyer's Agent

Barbara Draplin

Coldwell Banker Weir Manuel-Bir License #RCO-6501248179

Coldwell Banker Weir Manuel-Bir

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2004 | Remodeled in 2015

Lot Details

  • Property fronts an easement
  • Private Entrance
  • Wooded Lot

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 2,802 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Water Views
  • Unfinished Basement
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jetted Tub in Primary Bathroom

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Boat Facilities
  • Lake Privileges
  • Deck
  • Covered patio or porch
  • Exterior Lighting

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 2218451034

Community Details

Overview

  • Island Lake North Woods Occpn 1415 Subdivision
  • Swim Association
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,140

Year Built

Built in 2004 | Remodeled in 2015

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Cape Cod, Colonial
  • Architecture Level: 1 1/2 Story
  • Assessment: 24
  • Year Built: 2004
  • Year Renovated: 2015
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Jetted Tub
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 2802
  • Total Sq Ft: 2802
  • Sq Ft Total Bsmt: 1642

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Island Lake
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Composition, Stone
  • Construction Features: Platted Sub.
  • Exterior Features: Club House, Grounds Maintenance, Lighting, Pool – Community, Private Entry, Tennis Court
  • Foundation Materials: Poured
  • Porch Type: Deck, Patio, Porch, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Waterfront Description: Lake/River Priv

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • 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: Monthly
  • Association Fee: 450
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Easement, Water View, Wooded
  • Parcel Number: 2218451034

Tax Info

  • Tax Amount Summer: 5880.0000
  • Tax Amount Winter: 1260.0000
  • Total Tax: 7140.0000

Multi Family

  • Waterfront Features: Boat Facilities, Swim Association

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2018
Closed on
Aug 17, 2018
Sold by
Telder Jeffrey A
Bought by
Chappell Harold R and Kelly Merry A
Seller's Agent
Crystal Halley
RE/MAX Classic
Buyer's Agent
Barbara Draplin
Coldwell Banker Weir Manuel-Bir
List Price
$474,900
Sold Price
$470,000
Premium/Discount to List
-$4,900
-1.03%
Current Estimated Value
$642,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,057
Avg. Annual Appreciation
4.86%

Purchase Details

Closed on
Sep 23, 2016
Sold by
Mattison Joan I
Bought by
Telder Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,750
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2004
Sold by
Toll Mi Ii Lp
Bought by
Mattison Joan I
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
Chappell Harold R $470,000 None Available
Telder Jeffrey A $445,000 None Available
Mattison Joan I $397,774 First American Title
Mattison Joan I -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Telder Jeffrey A $333,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Sold $470,000 -1.0% $168 / Sq Ft
07/11/2018 07/11/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $474,900 -- $169 / 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 $7,195 $244,600 $0 $0
2022 $11,755 $227,200 $0 $0
2020 $8,335 $219,150 $44,000 $175,150
2015 -- $190,400 $0 $0
2014 -- $163,950 $0 $0
2011 -- $115,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218062141

Realcomp

APN: 22-18-451-034