NOT LISTED FOR SALE

26596 Island Lake Dr Unit 4 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $563,000 - $608,000

3 Beds
3.5 Baths
2,645 Sq Ft
$350/mo HOA Fee

Last Sold June 05, 2012

Last sale price $290,000 $110 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $4,016/month

35 Days on Market

Highlights

  • Outdoor Pool
  • Lake Privileges
  • Deck
  • Deerfield Elementary School Rated A+
  • Clubhouse
  • Wooded Lot

About This Home

As of June 2012

NO SHOWINGS TILL 5/5. GORGEOUS END-UNIT BACKING TO NATURE PRESERVE IN ISLAND LAKE. LOADED W/UPGRADES INCLUDING HW FLOORS ON MAIN LEVEL. FP IN FAMILY ROOM. GRANITE KIT W/42" CABINETS. STAINLESS STEAL APPLIANCES. HUGE MASTER W/SITTING RM. 3RD FLOOR LOFT W/ SKYLIGHTS AND HARD WOOD FLOORS. BEAUTIFULLY FINISHED DAYLIGHT BASEMENT WITH 4TH BR AND FULL BATH. COMMUNITY CLUB/BOAT HOUSE W/POOL, TENNIS COURT, WORK OUT FAC. DEERFIELD ELEMENTARY SCHOOL.

Last Agent to Sell the Property

Roy Wilson

Remerica United Realty License #6501093731 Listed on: 05/01/2012

Remerica United Realty

Last Buyer's Agent

Beth Ward

RE/MAX Platinum License #6501314785

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2005

Lot Details

  • End Unit
  • Wooded Lot

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Stone Siding
  • Cedar

Interior Spaces

  • 2,645 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Family Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Sump Pump
  • Natural lighting in basement

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Lake Privileges
  • Deck
  • Exterior Lighting
  • Breezeway
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2218276004

Community Details

Overview

  • Island Lake East Arbors Condo Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,614

Year Built

Built in 2005

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: End Unit, Loft
  • Architecture Level: 3 Story
  • Year Built: 2005
  • Foundation Features: Sump Pump
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Cable Available, Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 17
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2645
  • Total Sq Ft: 2645

Exterior Features

  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Cedar, Stone
  • Exterior Features: Club House, Grounds Maintenance, Lighting, Pool – Community, Tennis Court
  • Porch Type: Deck, Porch, Breezeway
  • Road Frontage Type: Paved
  • Waterfront Description: Lake/River Priv

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • 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: No

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Wooded
  • Parcel Number: 2218276004

Tax Info

  • Tax Amount Summer: 3810.0000
  • Tax Amount Winter: 804.0000
  • Total Tax: 4614.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2016
Sold by
Webber Shirley
Bought by
Webber Ronald J and Cummings Heather
Current Estimated Value
$588,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,600
Outstanding Balance
$206,101
Interest Rate
3.43%
Estimated Equity
$386,920

Purchase Details

Listed on
May 1, 2012
Closed on
Jun 1, 2012
Sold by
Hodge Philip James and Hodge Meghan
Bought by
Webber Shirley
Seller's Agent
Roy Wilson
Remerica United Realty
Buyer's Agent
Beth Ward
RE/MAX Platinum
List Price
$289,900
Sold Price
$290,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%

Purchase Details

Closed on
Jun 19, 2009
Sold by
Choi Sangwon and Choi Soyoung
Bought by
Hodge Philip James and Hodge Meghan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,487
Interest Rate
4.86%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 2005
Sold by
Toll Mi Ii Limited Partnership
Bought by
Choi Sangwon and Choi Soyoung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.13%
Mortgage Type
Fannie Mae Freddie Mac
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
Webber Ronald J $335,000 --
Webber Shirley $290,000 None Available
Hodge Philip James $248,000 Multiple
Choi Sangwon $415,060 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webber Ronald J $15,000
Open Webber Ronald J $254,600
Closed Webber Ronald J --
Closed Webber Ronald $254,600
Previous Owner Webber Shirley $232,000
Previous Owner Hodge Philip James $247,127
Previous Owner Hodge Philip James $243,487
Previous Owner Choi Sangwon $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2012 06/05/12 Sold $290,000 0.0% $110 / Sq Ft
06/05/2012 06/05/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $289,900 -- $110 / 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 $5,485 $250,470 $0 $0
2022 $6,094 $231,680 $0 $0
2020 $4,956 $222,300 $34,000 $188,300
2015 -- $193,950 $0 $0
2014 -- $144,900 $0 $0
2011 -- $128,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 212044179

Realcomp

APN: 22-18-276-004