NOT LISTED FOR SALE

26420 Island Lake Dr Unit 21 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $465,000 - $480,000

3 Beds
2.5 Baths
2,063 Sq Ft
$360/mo HOA Fee

Last Sold July 16, 2014

Last sale price $325,400 $158 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,402/month

6 Days on Market

Highlights

  • Dock Facilities
  • Outdoor Pool
  • Clubhouse
  • Deerfield Elementary School Rated A+
  • Lake Privileges
  • Deck

About This Home

As of July 2014

***.WE HAVE RECEIVED MULTIPLE OFFERS. HIGHEST AND BEST OFFER DEADLINE IS NOON ON WEDNESDAY JUNE 4TH***AFFORDABLE END UNIT IN ISLAND LAKE OF NOVI! Hardwood flooring on entire 1st floor. Balcony overlooks soaring ceiling and skylight in living room. Coffered ceiling in formal dining room. Family Room with natural fireplace. Kitchen w/maple-mocha glazed cabinets, granite countertops, stainless steel appliances. Breakfast Nook addition with skylight. Master suite walk in closet and vaulted ceiling. Master Bath with double sinks, jetted tub, and skylight. Hurry! will sell fast!

Last Agent to Sell the Property

Roger Murray

National Realty Centers, Inc License #6501260115 Listed on: 05/29/2014

Last Buyer's Agent

Regina Mackey

Added Value Realty LLC License #6501304111

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2001

Lot Details

  • End Unit
  • Private Entrance

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Poured Concrete
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 2,063 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Unfinished Basement
  • Sump Pump
  • Attic Fan
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Dock Facilities
  • Boat Facilities
  • Lake Privileges
  • 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

Listing and Financial Details

  • Assessor Parcel Number 2218401021

Community Details

Overview

  • Island Lake Arbors Condo Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,258

Year Built

Built in 2001

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: End Unit
  • Architecture Level: 2 Story
  • Year Built: 2001
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Jetted Tub, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2063
  • Total Sq Ft: 2063
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: ISLAND LAKE
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Stone, Wood
  • Exterior Features: Club House, Grounds Maintenance, Lighting, Pool – Community, Private Entry, Tennis Court
  • Foundation Materials: Poured
  • Porch Type: Deck
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Waterfront Description: Lake/River Priv

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Attic Fan, 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

  • HOA Fee Includes: Water
  • Association Fee Frequency: Monthly
  • Association Fee: 360
  • Association Fee: No

Schools

  • School District: Novi

Lot Info

  • Parcel Number: 2218401021

Tax Info

  • Tax Amount Summer: 3844.2000
  • Tax Amount Winter: 1414.0300
  • Total Tax: 5258.2300

Multi Family

  • Waterfront Features: Boat Facilities, Dock Facilities

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2024
Sold by
Jain Ankur and Jain Kanira
Bought by
Karcher Joseph and Karcher Christina P
Current Estimated Value
$473,546

Purchase Details

Closed on
Dec 30, 2019
Sold by
Jain Ankur
Bought by
Jain Ankur and Jain Kanira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,270
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 29, 2014
Closed on
Jul 16, 2014
Sold by
Dunn Melanie C
Bought by
Jain Ankur
Seller's Agent
Roger Murray
National Realty Centers, Inc
Buyer's Agent
Regina Mackey
Added Value Realty LLC
List Price
$320,000
Sold Price
$325,400
Premium/Discount to List
$5,400
1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.36%
Original Mortgage
$292,860
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 24, 2002
Sold by
Toll Mi Ii Ltd Ptr
Bought by
Dunn Melanie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,940
Interest Rate
6.87%
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
Karcher Joseph $463,000 None Listed On Document
Jain Ankur -- None Available
Jain Ankur $325,400 1St State Title
Dunn Melanie C $319,935 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jain Ankur $267,500
Previous Owner Jain Ankur $16,000
Previous Owner Jain Ankur $270,270
Previous Owner Jain Ankur $18,000
Previous Owner Jain Ankur $291,000
Previous Owner Jain Ankur $292,860
Previous Owner Dunn Melanie C $50,000
Previous Owner Dunn Melanie $271,000
Previous Owner Dunn Melanie C $255,940
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2014 07/16/14 Sold $325,400 +1.7% $158 / Sq Ft
06/04/2014 06/04/14 Pending -- -- --
05/29/2014 05/29/14 For Sale $320,000 -- $155 / 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 $5,547 $192,980 $0 $0
2022 $6,163 $177,180 $0 $0
2020 $5,013 $174,150 $34,000 $140,150
2015 -- $148,900 $0 $0
2014 -- $138,850 $0 $0
2011 -- $101,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214050266

Realcomp

APN: 22-18-401-021