NOT LISTED FOR SALE

26380 Island Lake Dr Unit 65 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $517,000 - $557,000

3 Beds
2.5 Baths
2,719 Sq Ft
$400/mo HOA Fee

Last Sold May 12, 2022

Last sale price $486,000 $179 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,820/month

1 Day on Market

Highlights

  • Outdoor Pool
  • Colonial Architecture
  • Deck
  • Novi High School Rated A+
  • Clubhouse
  • Wetlands on Lot

About This Home

As of May 2022

GORGEOUS END UNIT CONDO IN ISLAND LAKE! 3 BED, 2.5 BATH PROPERTY W/GREAT PRIVATE LOCATION OVERLOOKING WETLANDS. CUSTOM FINISHES & ARCHITECTURAL DETAILS ABOUND. BEAUTIFUL WOOD FLRS THROUGHOUT MOST OF 1ST FLR. FORMAL LIVING RM W/CROWN MOLDING & TONS OF NATURAL LIGHT. FORMAL DINING RM BOASTS TRAY CEILING, CHAIR RAIL MOLDING & BAY WINDOW. BRIGHT OPEN KIT FEATURES GRANITE COUNTERS, MAPLE CABINETS, RECESSED & UNDER CABINET LIGHTING, SS APPLIANCES & TILE BACKSPLASH. SUNNY BREAKFAST NOOK W/SKYLIGHT. WROUGHT IRON RAILING IN STAIRCASE. MASTER SUITE HAS SPACIOUS SEPARATE SITTING AREA, WIC & EN SUITE BATH W/JETTED TUB, DUAL SINKS & SEPARATE SHOWER W/EURO GLASS DOOR. 2 ADDIT BEDS UPSTAIRS W/FULL BATH. 2ND FLR LAUNDRY! HUGE BONUS RM ON 3RD FLR. PARTIALLY FIN LL W/LRG REC AREA. 2 CAR GARAGE W/EPOXY FLR & OVERHEAD STORAGE RACKS. PRIVATE & SERENE BACKYARD SETTING W/DECK OVERLOOKING WETLANDS & POND. ENJOY ALL THE AMENITIES RESORT LIVING HAS TO OFFER INCL CLUBHOUSE, POOL, WALKING TRAILS & MORE!

Last Agent to Sell the Property

Jamey Kramer

RE/MAX Classic License #6501261596 Listed on: 04/08/2022

RE/MAX Classic

Last Buyer's Agent

Kyung Rhee

National Realty Centers, Inc License #6501304744

National Realty Centers, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2002

HOA Fees

  • $400 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,719 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Partially Finished Basement
  • Sump Pump
  • Security System Owned

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Wetlands on Lot
  • Deck
  • 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

Additional Features

  • Private Entrance
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2218401065
  • $1,000 Seller Concession

Community Details

Overview

  • Metro Group Management Association
  • Island Lake Arbors Condo Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,702

Year Built

Built in 2002

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Assessment: 55.5
  • Year Built: 2002
  • State Equalized Value: 197850.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Jetted Tub, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 14
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 3619
  • Sq Ft Lower Floor: 900
  • Total Sq Ft: 2719
  • Sq Ft Total Bsmt: 1101

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Stone
  • Exclusions: Yes
  • Exterior Features: Tennis Court, Club House, Lighting, Private Entry, Pool – Community
  • Foundation Materials: Poured
  • Porch Type: Deck
  • Road Frontage Type: Paved

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: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • HOA Fee Includes: Water
  • Association Fee Frequency: Monthly
  • Association Fee: 400
  • Association Contact: METRO GROUP MANAGEMENT
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Wetland/Swamp
  • Parcel Number: 2218401065

Tax Info

  • Tax Amount Summer: 4014.0000
  • Tax Amount Winter: 688.0000
  • Total Tax: 4702.0000
  • Taxable Value: 130140.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
May 12, 2022
Sold by
Clark Delya J
Bought by
Ahn Minki and Song Eunyoung
Seller's Agent
Jamey Kramer
RE/MAX Classic
Buyer's Agent
Kyung Rhee
National Realty Centers, Inc
Sold Price
$486,000
Current Estimated Value
$538,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,384
Avg. Annual Appreciation
3.05%
Original Mortgage
$163,000
Outstanding Balance
$135,021
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$403,363

Purchase Details

Closed on
Mar 15, 2011
Sold by
Robb Thomas P and Robb Catherine J
Bought by
Clark Delya J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2002
Sold by
Toll Mi Ii Lp
Bought by
Robb Thomas P and Robb Catherine J
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
Ahn Minki $486,000 Title One
Ahn Minki $486,000 Title One
Clark Delya J $261,000 None Available
Robb Thomas P $374,279 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahn Minki $163,000
Previous Owner Clark Delya J $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2022 05/12/22 Sold $486,000 -- $179 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
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 $6,657 $212,220 $0 $0
2022 $4,950 $203,010 $0 $0
2020 $4,023 $197,550 $34,000 $163,550
2015 -- $181,200 $0 $0
2014 -- $134,750 $0 $0
2011 -- $117,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220022900

Realcomp

APN: 22-18-401-065