NOT LISTED FOR SALE

26306 Island Lake Dr Unit 103 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $505,790 - $591,000

3 Beds
2.5 Baths
2,657 Sq Ft
$380/mo HOA Fee

Last Sold February 22, 2019

Last sale price $400,000 $151 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,842/month

14 Days on Market

Highlights

  • Dock Facilities
  • Outdoor Pool
  • Clubhouse
  • Novi High School Rated A+
  • Colonial Architecture
  • Deck

About This Home

As of February 2019

Luxury Island Lake Condo featuring Updated Kitchen w/42”cabinets w/sleek SS hardware, granite counters, glass subway tile backsplash, SS apps & large pantry. Freshly painted T/O and move-in ready. Desirable open floor plan including hardwood floors, 9’ceilings and crown moldings in the formal living & dining rooms plus a wonderful family room with a cozy stone fireplace and recessed lighting. The breakfast nook w/skylight offers a bright & sunny area with access to your private deck overlooking the commons. 2nd Floor: Spacious Owner’s Suite w/sitting room or possible office or fitness area, WIC, glamour bath w/dual sinks and jetted tub w/tiled shower; 2 additional bedrooms; full bath and convenient laundry room. BONUS 3rd floor loft offers 23’x12’flex space w/2 sky lights, tons of natural light and built in bookcase! Extra height basement is prepped for bath and ready to finish. Resort community with Clubhouse-Pool-Tennis-Sand Volleyball. Close to shopping, dining & Xway access.

Last Agent to Sell the Property

Loretta Henze

Berkshire Hathaway HS Kee Realty FH License #6501333957 Listed on: 12/27/2018

Berkshire Hathaway HS Kee Realty FH

Last Buyer's Agent

Rhonda Casey

RE/MAX Classic License #6501385137

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2003

HOA Fees

  • $380 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,657 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Security System Leased
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jetted Tub in Primary Bathroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Dock Facilities
  • Boat Facilities
  • 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 2218401103

Community Details

Overview

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

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,804

Year Built

Built in 2003

Lot Details

0

HOA Fees

$380 per month

Listing Details

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

Interior Features

  • Interior Amenities: Humidifier, High Spd Internet Avail, Jetted Tub, Carbon Monoxide Alarm(s), Security Alarm (rented), Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Great Room
  • Room Count: 13
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Private
  • Kitchen Appliances: Dishwasher, Disposal, Microwave
  • Sq Ft Combined: 2657
  • Total Sq Ft: 2657
  • Sq Ft Total Bsmt: 1076

Exterior Features

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

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Door Opener, Attached
  • 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
  • Phone: 2487457100
  • Association Fee: 380
  • Association Contact: The Metro Group - The Arbors Assoc.
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Parcel Number: 2218401103

Tax Info

  • Tax Amount Summer: 5591.0000
  • Tax Amount Winter: 1213.0000
  • Total Tax: 6804.0000

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

Listed on
Dec 27, 2018
Closed on
Jan 12, 2019
Sold by
Thorpe Mark and Thorpe Andrea
Bought by
Kittaka Yasufumi and Kittaka Aiko
Seller's Agent
Loretta Henze
Berkshire Hathaway HS Kee Realty FH
Buyer's Agent
Rhonda Casey
RE/MAX Classic
List Price
$399,950
Sold Price
$400,000
Premium/Discount to List
$50
0.01%
Current Estimated Value
$548,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,948
Avg. Annual Appreciation
4.95%
Original Mortgage
$320,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 21, 2015
Closed on
Jul 10, 2015
Sold by
The Joint Revocable Living Trust and Battin Peter C
Bought by
Thorpe Mark and Thorpe Andrea
Seller's Agent
Elizabeth Beck
Real Estate One-WB/FH
Buyer's Agent
Paul Mruk
RE/MAX Classic
List Price
$384,900
Sold Price
$369,000
Premium/Discount to List
-$15,900
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.26%
Original Mortgage
$350,550
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2005
Sold by
Battin Peter C and Battin Elaine
Bought by
The Joint Revocable Living Trust Of Pete

Purchase Details

Closed on
Feb 10, 2005
Sold by
Battin Peter C and Battin Elaine
Bought by
Battin Peter C and Battin Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,440
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 21, 2003
Sold by
Battin Peter C and Battin Elaine
Bought by
Battin Peter C and Battin Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.44%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 30, 2003
Sold by
Toll Mi Ii Lp
Bought by
Battin Peter C and Battin Elaine
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
Kittaka Yasufumi $400,000 Fidelity National Title
Thorpe Mark $369,000 Ata
The Joint Revocable Living Trust Of Pete -- --
Battin Peter C -- Progressive Title Insurance
Battin Peter C -- --
Battin Peter C $344,485 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kittaka Yasufuml $326,800
Closed Kittaka Yasuiuml $326,800
Closed Kittaka Yasufumi $318,000
Closed Kittaka Yasufumi $320,000
Previous Owner Thorpe Mark $337,900
Previous Owner Thorpe Mark $350,550
Previous Owner Battin Peter Cole $78,000
Previous Owner Battin Peter C $277,440
Previous Owner Battin Peter C $78,810
Previous Owner Battin Peter C $45,000
Previous Owner Battin Peter C $275,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2019 02/22/19 Sold $400,000 0.0% $151 / Sq Ft
01/10/2019 01/10/19 Pending -- -- --
12/27/2018 12/27/18 For Sale $399,950 +8.4% $151 / Sq Ft
07/14/2015 07/14/15 Sold $369,000 -4.1% $139 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
04/21/2015 04/21/15 For Sale $384,900 -- $145 / 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 $6,448 $210,640 $0 $0
2022 $7,155 $201,500 $0 $0
2020 $5,822 $186,850 $34,000 $152,850
2015 -- $168,700 $0 $0
2014 -- $134,450 $0 $0
2011 -- $111,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218120273

Realcomp

APN: 22-18-401-103