NOT LISTED FOR SALE

26663 Island Lake Dr Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $490,000 - $526,249

3 Beds
3.5 Baths
2,063 Sq Ft
2005 Built

Last Sold November 30, 2016

Last sale price $354,000 $172 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,314/month

Highlights

  • Clubhouse
  • Deck
  • End Unit
  • Deerfield Elementary School Rated A+
  • Contemporary Architecture
  • No HOA

About This Home

As of December 2016

Hard to find end unit with wooded area behind and the best in Island Lake of Novi. This resort like community features Access to the Clubhouse w/Fitness Center, Olympic size Pool, Tennis Courts, Volleyball, Beaches & 4 Miles of Nature Trails tucked in the Woodlands, Award Winning Novi Schools. This clean condo features an open floor plan. Kitchen with granite counters,skylight and stainless steel appliances. Door off kitchen leading to nice trex deck with beautiful Garden view. First floor laundry. Master suite features large walk in closet, full bath with garden tub, merillat cabinets. Basement is finished has full bath with sauna. Egress window and plenty of room for storage. All appliances stay, immediate occupancy.

Last Agent to Rent the Property

Paul Mruk

RE/MAX Classic License #6501241822 Listed on: 11/30/2016

RE/MAX Classic

Last Renter's Agent

June Noh

Keller Williams Somerset License #6501385268

Keller Williams Somerset

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,573

Year Built

  • Built in 2005

Lot Details

  • End Unit
  • Private Entrance

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 2,063 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Finished Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Utilities

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

Listing and Financial Details

  • Security Deposit $3,750
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Assessor Parcel Number 2218276009

Community Details

Overview

  • No Home Owners Association
  • Island Lake East Arbors Condo Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Tennis Courts

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,573

Year Built

Built in 2005

Lot Details

0

Rental Info

  • Lease Type: Condominium
  • Security Deposit: 3750.00

Listing Details

  • Property Type: Condominium
  • Architecture Style: Contemporary, End Unit
  • Architecture Level: 2 Story
  • Year Built: 2005
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Air Purifier, Cable Available
  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2939
  • Sq Ft Lower Floor: 876
  • Total Sq Ft: 2063
  • Sq Ft Total Bsmt: 1095

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Stone
  • Exterior Features: Club House, Grounds Maintenance, Lighting, Private Entry, Tennis Court
  • Foundation Materials: Poured
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Door Opener, Electricity
  • 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
  • Association Fee: No

Schools

  • School District: Novi

Lot Info

  • Parcel Number: 2218276009

Multi Family

  • Length of Lease: 12 Months, 13-24 Months, 25-36 Months

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2021
Sold by
Lampi Kevin and Lampi Jennifer
Bought by
Lee Sanghoon and Han Minjung
Current Estimated Value
$507,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$302,221
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$222,522

Purchase Details

Listed on
Nov 30, 2016
Closed on
Nov 30, 2016
Sold by
Keller George R and Keller Jane L
Bought by
Lampi Kevin and Lampi Jenifer
Seller's Agent
Paul Mruk
RE/MAX Classic
Buyer's Agent
June Noh
Keller Williams Somerset
Sold Price
$2,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%

Purchase Details

Closed on
Aug 15, 2005
Sold by
Toll Mi Ii Limited Partnership
Bought by
Keller George R and Keller Jane L
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
Lee Sanghoon $383,000 Vanguard Title Company
Lampi Kevin $354,000 None Available
Keller George R $347,975 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Sanghoon $330,000
Previous Owner Keller George R $100,000
Previous Owner Keller George R $30,000
Previous Owner Keller Jane L $161,000
Previous Owner Keller George R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2016 12/13/16 Rented $2,500 -99.3% --
12/01/2016 12/01/16 Under Contract -- -- --
11/30/2016 11/30/16 Sold $354,000 0.0% $172 / Sq Ft
11/30/2016 11/30/16 For Rent $2,500 0.0% --
11/06/2016 11/06/16 Pending -- -- --
10/30/2016 10/30/16 For Sale $354,000 -- $172 / 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 $6,573 $215,250 $0 $0
2022 $7,293 $199,540 $0 $0
2020 $6,905 $183,300 $34,000 $149,300
2015 -- $158,200 $0 $0
2014 -- $121,350 $0 $0
2011 -- $113,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216113467

Realcomp

APN: 22-18-276-009