NOT LISTED FOR SALE

26249 Fieldstone Dr Unit 118 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $492,593 - $526,000

3 Beds
2.5 Baths
2,332 Sq Ft
$380/mo HOA Fee

Last Sold June 16, 2017

Last sale price $340,000 $146 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,627/month

28 Days on Market

Highlights

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

About This Home

As of June 2017

Enjoy resort style living in this spectacular 2300+ square foot condo in highly sought after Arbors of Island Lake! Upon entering you will feel the bright & airy open living concept, great for entertaining and everyday enjoyment. This home boasts high end features and finishes with wood floors flowing clean and easily through-out the home. Relax & unwind in your palatial master suite, with a sitting area, walk-in closet and jetted tub. The partially finished walk-out basement adds nearly 1000 sqft. and is just waiting for your personal touch! Enjoy your summer evenings from the private outdoor back-deck. Island Lake's amazing HOA amenities include access to the boathouse, fitness center, Olympic size pool, tennis courts, volleyball, fishing, beaches, park, walking trails, and more!
Maintenance free living in an enticing location,....only minutes to the finest shopping and restaurants, Providence Park Hospital and I-96 Freeway Access.

Last Agent to Sell the Property

Christine Thibault

National Realty Centers, Inc License #6501344300 Listed on: 04/20/2017

National Realty Centers, Inc

Last Buyer's Agent

Catherine Lu

National Realty Centers, Inc License #6501365978

National Realty Centers, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2004

HOA Fees

  • $380 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,332 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Dining Room with Fireplace
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Lake Privileges
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2218401118

Community Details

Overview

  • Island Lake Arbors Condo Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,956

Year Built

Built in 2004

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Warranty: Yes
  • Year Built: 2004
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Dining Room
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 3250
  • Sq Ft Lower Floor: 918
  • Total Sq Ft: 2332
  • Sq Ft Total Bsmt: 1061

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Island Lake
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Stone, Vinyl, Wood
  • Exterior Features: Club House, Grounds Maintenance, Pool – Community
  • Foundation Materials: Poured
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Paved
  • Waterfront Description: Lake/River Priv

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: 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: 380
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Parcel Number: 2218401118

Tax Info

  • Tax Amount Summer: 3246.0000
  • Tax Amount Winter: 710.0000
  • Total Tax: 3956.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2017
Closed on
Jun 16, 2017
Sold by
Ramachandran Karthekeyan
Bought by
Ke Chanili
Seller's Agent
Christine Thibault
National Realty Centers, Inc
Buyer's Agent
Catherine Lu
National Realty Centers, Inc
List Price
$369,000
Sold Price
$340,000
Premium/Discount to List
-$29,000
-7.86%
Current Estimated Value
$507,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,148
Avg. Annual Appreciation
5.12%

Purchase Details

Listed on
Apr 20, 2017
Closed on
May 13, 2017
Sold by
Ramachandran Virginia S
Bought by
Ramachandran Karthekeyan
Seller's Agent
Christine Thibault
National Realty Centers, Inc
Buyer's Agent
Catherine Lu
National Realty Centers, Inc
List Price
$369,000
Sold Price
$340,000
Premium/Discount to List
-$29,000
-7.86%

Purchase Details

Closed on
Jul 30, 2004
Sold by
Toll Mi Ii Lp
Bought by
Ramachandran Karthekeyan and Ramachandran Virginia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,850
Interest Rate
6.35%
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
Ke Chanili $340,000 None Available
Ramachandran Karthekeyan -- None Available
Ramachandran Karthekeyan $346,103 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramachandran Karthekeyan $167,400
Previous Owner Ramachandran Karthekeyan $233,010
Previous Owner Ramachandran Karthekeyan $276,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2017 06/16/17 Sold $340,000 -4.2% $146 / Sq Ft
05/18/2017 05/18/17 Pending -- -- --
05/14/2017 05/14/17 Price Changed $355,000 -3.8% $152 / Sq Ft
04/20/2017 04/20/17 For Sale $369,000 -- $158 / 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 $6,057 $199,310 $0 $0
2022 $6,726 $190,720 $0 $0
2020 $5,472 $176,850 $34,000 $142,850
2015 -- $154,200 $0 $0
2014 -- $122,750 $0 $0
2011 -- $101,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217030795

Realcomp

APN: 22-18-401-118