NOT LISTED FOR SALE

Estimated Value: $515,397 - $532,000

3 Beds
2.5 Baths
2,383 Sq Ft
$550/mo HOA Fee

Last Sold October 27, 2023

Last sale price $507,000 $213 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,909/month

17 Days on Market

Highlights

  • Dock Facilities
  • Beach Access
  • Colonial Architecture
  • Novi High School Rated A+
  • In Ground Pool
  • Clubhouse

About This Home

As of October 2023

NOVI'S PREMIER SUB "ISLAND LAKE" LUXURY CONDO WITH MANY UPGRADES AND UPDATES! ONE OF THE BEST LOCATIONS IN THE LAKE LIVING COMMUNITY - END UNIT BACKING TO WOODS AND WALKING TRAILS, 1ST FLOOR IS ALL HARDWOOD, REMODELLED STUNNING GOURMET ISLAND KITCHEN WITH ISLAND SEATING AND BREAKFAST NOOK WITH SKYLIGHT, BRIGHT WHITE OPEN AND AIRY KITCHEN RECENTLY RENOVATED TO PERFECTION, NEWER STAINLESS STEEL APPLIANCES, LARGE FAMILY ROOM WITH NEWER FIREPLACE INSERT AND REMOTE FOR AMBIENCE, ALL NEUTRAL CUSTOM PAINT THROUGHOUT, SEPARATE LIVING ROOM FOR ADDED ENTERTAINING SPACE, FAMILY ROOM WITH BUILT IN SOUND SYSTEM, FORMAL DINING AREA WITH UPGRADED BAY WINDOW BUMP OUT, PRIMARY BEDROOM WITH IT'S OWN LIVING RM/SITTING AREA, LARGE WALK IN CLOSET AND GRAND PRIMARY BATH JUST RENOVATED, 2ND FLOOR LAUNDRY, SPACIOUS 2ND BEDROOM WITH CATHEDRAL CEILINGS, 3RD BEDROOM WITH DOUBLE DOOR CLOSET, ALL APPLIANCES STAY WITH SALE OF PROPERTY, LARGE TREX DECK WITH SPECTACULAR VIEWS OF WOODLANDS AREA AND WILDLIFE AT YOUR BACKDOOR, DECK FACES EAST - MORNING SUN AND NICE SHADE FOR OUTDOOR EVENING DINNERS, NEWER HOT WATER HEATER WITH RECIRCULATING PUMP FOR QUICK HOT WATER, NEWER FURNACE AND A/C, BASEMENT WITH UTILITY SINK/LAUNDRY TUB, 2 CAR ATTACHED GARAGE. (HOA FEE IS $400 WITH $150 a special assessment of $150 for paint and roof to total $550/monthly - assessment to be assumed by buyer for future roofs and painting; Already added into the HOA dues - assessment has 4.5 years left) 30-60 Occupancy Need.

Last Agent to Sell the Property

Heidi Rhome

Keller Williams Advantage Northville License #6501333244 Listed on: 09/14/2023

Keller Williams Advantage Northville

Last Buyer's Agent

Patricia Dunne

Better Real Estate LLC License #RCO-6501373908

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2001 | Remodeled in 2021

Lot Details

  • 31.52

HOA Fees

  • $550 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Poured Concrete

Interior Spaces

  • 2,383 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Dock Facilities
  • Deck
  • Exterior Lighting
  • Porch

Utilities

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

Additional Features

  • Private Entrance
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 2218401005

Community Details

Overview

  • Metro Management Association, Phone Number (248) 745-7100
  • Island Lake Arbors Condo Subdivision
  • On-Site Maintenance
  • The community has rules related to fencing

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,895

Year Built

Built in 2001 | Remodeled in 2021

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 112.00
  • Year Built: 2001
  • State Equalized Value: 188480.0000
  • Year Renovated: 2021
  • Entry Location: Ground Level
  • Pets Allowed: Call
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Programmable Thermostat, Sound System
  • 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: Unfinished, Private
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Oven, Microwave, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 2383
  • Total Sq Ft: 2383
  • Sq Ft Total Bsmt: 1101

Exterior Features

  • Pool: Yes
  • Foundation Details: Basement
  • Exterior Features: Tennis Court, Club House, Grounds Maintenance, Lighting, Private Entry, Pool – Community, Pool - Inground
  • Foundation Materials: Poured
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Waterfront Description: Beach Access
  • Fencing: Fence Not Allowed

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)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: 248-745-7100 amanda@mgmc.net
  • Association Fee: 550
  • Association Contact: METRO MANAGEMENT
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Parcel Number: 2218401005

Rental Info

  • Tenant Amenities: Fitness Center

Tax Info

  • Tax Amount Summer: 5650.0000
  • Tax Amount Winter: 1245.0000
  • Total Tax: 6895.0000
  • Taxable Value: 188480.0000

Multi Family

  • Waterfront Features: Dock Facilities

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Oct 26, 2023
Sold by
Vandenberg Mark A and Vandenberg Tamra L
Bought by
Maniar Aastha and Bansal Vikas
Seller's Agent
Heidi Rhome
Keller Williams Advantage Northville
Buyer's Agent
Patricia Dunne
Better Real Estate LLC
List Price
$484,900
Sold Price
$507,000
Premium/Discount to List
$22,100
4.56%
Views
190
Current Estimated Value
$525,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,849
Avg. Annual Appreciation
1.97%
Original Mortgage
$456,300
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2014
Closed on
Dec 11, 2014
Sold by
Sitto Thomas and Sitto Frances
Bought by
Vandenberg Mark A and Vandenberg Tamra L
Seller's Agent
Jamey Kramer
RE/MAX Classic
Buyer's Agent
Heidi Rhome
Keller Williams Advantage Northville
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$276,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2002
Sold by
Toll Mi Ii Ltd Ptr
Bought by
Sitto Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

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Average Value
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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
Maniar Aastha $507,000 None Listed On Document
Maniar Aastha $507,000 None Listed On Document
Vandenberg Mark A $345,000 Title One Inc
Sitto Thomas $323,640 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maniar Aastha $442,000
Closed Bansal Vikas $456,300
Previous Owner Vandenberd Mark A $75,000
Previous Owner Vandenberg Mark $252,000
Previous Owner Vandenberg Mark A $270,000
Previous Owner Vandenberg Mark A $276,000
Previous Owner Sitto Thomas $200,000
Previous Owner Sitto Thomas $69,800
Previous Owner Sitto Thomas $25,000
Previous Owner Sitto Thomas $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $507,000 +4.6% $213 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $484,900 +40.6% $203 / Sq Ft
12/11/2014 12/11/14 Sold $345,000 -1.4% $145 / Sq Ft
11/06/2014 11/06/14 Pending -- -- --
11/01/2014 11/01/14 For Sale $350,000 -- $147 / 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 $6,682 $196,870 $0 $0
2022 $6,895 $188,480 $0 $0
2020 $5,621 $183,450 $34,000 $149,450
2015 -- $168,900 $0 $0
2014 -- $125,650 $0 $0
2011 -- $109,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230077895

Realcomp

APN: 22-18-401-005