NOT LISTED FOR SALE

26248 Fieldstone Dr Unit 87 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $486,000 - $519,000

3 Beds
3.5 Baths
2,060 Sq Ft
$400/mo HOA Fee

Last Sold November 03, 2023

Last sale price $480,000 $233 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,668/month

2 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Deck
  • Novi High School Rated A+
  • Clubhouse
  • Ground Level Unit

About This Home

As of November 2023

Highly desired, luxurious Island Lake condo - move right in!  Premium location backing to woods on quiet street with cozy front porch and sitting area.  Open floor plan offers hardwood floors, 9'ceilings, and extensive crown molding and trim.  Great room features stone fireplace, ceiling fan, and recessed lighting. Beautiful kitchen with large 42" cherry cabinets, center island, stainless steel appliances, granite counters, limestone tile backsplash, and large pantry.  Breakfast nook with skylights and plenty of large windows offers a bright and sunny area with walkout to private deck which overlooks wooded backyard.  Upper level features spacious master suite with walk in closet which includes custom organizer system, separate shower and soaking tub.  2 additional generous sized bedrooms with large closets and organizers.  Entertain in your finished basement which includes, wet bar, full bath, built in entertainment center, workshop and storage area.  Located in the award winning Novi school district.  Association fee includes access to Island Lake, a clubhouse, fitness center, pool, tennis courts, beautiful parks & trails and more!

Last Agent to Sell the Property

Jim DiMora

Keller Williams Advantage License #6501281879 Listed on: 09/30/2023

Keller Williams Advantage

Last Buyer's Agent

Parvathee Subramaniam

Key Realty License #6501442846

Key Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2004

Lot Details

  • 31.52

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,060 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Great Room with Fireplace
  • Finished Basement

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Deck
  • Exterior Lighting
  • Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 2218401087

Community Details

Overview

  • Metro Group Managment Association, Phone Number (248) 745-7100
  • Island Lake Arbors Condo Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Pet Policy

  • Limit on the number of pets

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,356

Year Built

Built in 2004

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 112.00
  • Year Built: 2004
  • State Equalized Value: 211070.0000
  • Entry Location: Ground Level
  • Pets Allowed: Number Limit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Great Room
  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Refrigerator, Gas Cooktop, Microwave, Stainless Steel Appliance(s)
  • Sq Ft Combined: 2897
  • Sq Ft Lower Floor: 837
  • Total Sq Ft: 2060
  • Sq Ft Total Bsmt: 936

Exterior Features

  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Tennis Court, Club House, Grounds Maintenance, Lighting, Pool - Inground
  • Foundation Materials: Poured
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Community, Water at Street

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: 248-745-7100
  • Association Fee: 400
  • Association Contact: Metro Group Managment
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Parcel Number: 2218401087

Rental Info

  • Tenant Amenities: Fitness Center

Tax Info

  • Tax Amount Summer: 6080.0000
  • Tax Amount Winter: 1276.0000
  • Total Tax: 7356.0000
  • Taxable Value: 203050.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2023
Closed on
Nov 2, 2023
Sold by
Gavin Matthew D and Gavin Kathryn K
Bought by
Jegadeeson Muthukumar and Subramanian Murugapriya
Seller's Agent
Jim DiMora
Keller Williams Advantage
Buyer's Agent
Parvathee Subramaniam
Key Realty
List Price
$450,000
Sold Price
$480,000
Premium/Discount to List
$30,000
6.67%
Views
71
Current Estimated Value
$500,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,113
Avg. Annual Appreciation
2.29%
Original Mortgage
$465,600
Outstanding Balance
$458,639
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$41,474

Purchase Details

Closed on
Nov 11, 2021
Sold by
Gavin Matthew D
Bought by
Gavin Matthew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
3.09%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 14, 2019
Closed on
Oct 25, 2019
Sold by
Neville Michael A and Neville Pamela
Bought by
Gavin Matthew D and Gavin Kathryn K
Seller's Agent
Thomas Lewarne
Century 21 Curran & Oberski
Buyer's Agent
Natalie Goodwin-VanOyen
RE/MAX Classic
List Price
$378,500
Sold Price
$370,000
Premium/Discount to List
-$8,500
-2.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%

Purchase Details

Closed on
Aug 26, 2013
Sold by
Neville Michael A and Michael A Neville Trust
Bought by
Neville Michael A and Neville Pamela F

Purchase Details

Closed on
Mar 7, 2008
Sold by
Neville Michael and Neville Pamela
Bought by
Neville Michael A and Neville Pamela F

Purchase Details

Closed on
Oct 28, 2004
Sold by
Toll Mi Ii Lp
Bought by
Neville Michael and Neville Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.8%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Jegadeeson Muthukumar $480,000 None Listed On Document
Gavin Matthew D -- Land Title
Gavin Matthew D $370,000 First American Title
Neville Michael A -- None Available
Neville Michael A -- None Available
Neville Michael $344,860 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muthukumar Jegadeeson $465,600
Previous Owner Gavin Matthew D $344,000
Previous Owner Gavin Matthew D $296,000
Previous Owner Neville Michael A $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $480,000 +6.7% $233 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
09/30/2023 09/30/23 For Sale $450,000 +21.6% $218 / Sq Ft
10/25/2019 10/25/19 Sold $370,000 -2.2% $180 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
09/14/2019 09/14/19 For Sale $378,500 -- $184 / 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 $6,762 $211,070 $0 $0
2022 $7,072 $193,390 $0 $0
2020 $5,910 $189,700 $34,000 $155,700
2015 -- $148,550 $0 $0
2014 -- $134,100 $0 $0
2011 -- $96,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230082674

Realcomp

APN: 22-18-401-087