NOT LISTED FOR SALE

26304 Island Lake Dr Unit 102 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $489,000 - $518,000

3 Beds
2.5 Baths
2,057 Sq Ft
$350/mo HOA Fee

Last Sold May 02, 2017

Last sale price $370,000 $180 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,785/month

4 Days on Market

Highlights

  • Dock Facilities
  • Cabana
  • Colonial Architecture
  • Deerfield Elementary School Rated A+
  • Lake Privileges
  • Clubhouse

About This Home

As of May 2017

Enjoy resort style living in this spectacular condo w/ finished basement at sought-after Arbors of Island Lake! Amazing HOA amenities include access to boathouse, fitness center, Olympic size pool, tennis courts, volleyball, fishing, beaches, and more. From the upgraded maple cabinets & flooring, to the crown molding & cathedral ceiling, this turn-key home is straight out of a magazine. Upon entering, you will notice a bright and airy spacious feel with open concept living great for entertaining or everyday enjoyment. The kitchen features high-end appliances, loads of cabinet and counter space, room for a table, and stunning views of the backyard. Relax & unwind in your palatial master suite with a sitting area, walk-in closet, and jetted tub. The basement adds nearly 1,000 sqft. of finished living space, and is just waiting for your personal touch. Sip your morning coffee on the covered front porch, and enjoy summer evenings enjoying the outdoors from your private back deck.

Last Agent to Sell the Property

Vince Longo

Expert Realty Solutions Inc License #6501373891 Listed on: 03/01/2017

Last Buyer's Agent

Heidi Rhome

Keller Williams Advantage Northville License #6501333244

Keller Williams Advantage Northville

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2003

Lot Details

  • Private Entrance
  • Gated Home

HOA Fees

  • $350 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,057 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jetted Tub in Primary Bathroom

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Pool

  • Cabana
  • In Ground Pool

Outdoor Features

  • Dock Facilities
  • Boat Facilities
  • Lake Privileges
  • Deck
  • Covered patio or porch
  • Exterior Lighting
  • Gazebo

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2218401102

Community Details

Overview

  • Island Lake Arbors Condo Subdivision
  • Swim Association
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,802

Year Built

Built in 2003

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Jetted Tub
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 2657
  • Sq Ft Lower Floor: 600
  • Total Sq Ft: 2057
  • Sq Ft Total Bsmt: 937

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Island Lake
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Stone, Wood
  • Exterior Features: Cabana, Club House, Gate House, Gazebo, Grounds Maintenance, Lighting, Pool – Community, Pool - Inground, Private Entry
  • 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, 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: 350
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Parcel Number: 2218401102

Tax Info

  • Tax Amount Summer: 3119.0000
  • Tax Amount Winter: 683.0000
  • Total Tax: 3802.0000

Multi Family

  • Waterfront Features: Boat Facilities, Dock Facilities, Swim Association

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2019
Sold by
Woods Peter S and Woods Lori P
Bought by
Li Jun and Cui Qing
Current Estimated Value
$502,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2017
Closed on
Apr 28, 2017
Sold by
Mccarty Diane J
Bought by
Woods Peter G and Woods Lori P
Seller's Agent
Vince Longo
Expert Realty Solutions Inc
Buyer's Agent
Heidi Rhome
Keller Williams Advantage Northville
List Price
$364,900
Sold Price
$370,000
Premium/Discount to List
$5,100
1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.06%
Original Mortgage
$277,500
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2003
Sold by
Toll Mi Ii Lp
Bought by
Mccarty Diane J
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Li Jun $348,500 Liberty Title
Woods Peter G $370,000 First American Title Insuran
Mccarty Diane J $329,915 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Jun $237,000
Closed Li Jun $260,000
Previous Owner Woods Peter G $50,000
Previous Owner Woods Peter G $277,500
Previous Owner Mccarty Diane J $159,000
Previous Owner Mccarty Diane J $141,000
Previous Owner Mccarty Diane J $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2017 05/02/17 Sold $370,000 +1.4% $180 / Sq Ft
03/05/2017 03/05/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $364,900 -- $177 / 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 $7,940 $204,810 $0 $0
2022 $9,895 $187,780 $0 $0
2020 $7,107 $184,300 $34,000 $150,300
2015 -- $150,450 $0 $0
2014 -- $135,850 $0 $0
2011 -- $97,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 217015605

Realcomp

APN: 22-18-401-102