NOT LISTED FOR SALE

28855 Summit Dr Novi, MI 48377

Estimated Value: $560,000 - $809,000

4 Beds
2 Baths
2,595 Sq Ft
$274/Sq Ft Est. Value

Last Sold November 19, 2018

Last sale price $475,000 $183 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,101/month

65 Days on Market

Highlights

  • 6.89 Acre Lot
  • Colonial Architecture
  • Sun or Florida Room
  • James R Geisler Middle School Rated A-
  • Pole Barn
  • 3 Car Attached Garage

About This Home

As of November 2018

Looking for a home with acreage? Well look no more!!!! This 2595 sq. ft., brick colonial, on 6.89 acres, is the perfect find. It has 4 bedrooms, 2 1/2 baths, 1st floor laundry, 2 fire places, A/C, formal dining area, sun room, alarm, 3 car turned garage, master bedroom with a master bath and walk in closet. Home will need some TLC!!!!

Last Agent to Sell the Property

Nancy Kolb

Epique Inc. License #MISPE-6501269090 Listed on: 06/18/2018

Epique Inc.

Last Buyer's Agent

Nancy Kolb

Epique Inc. License #MISPE-6501269090 Listed on: 06/18/2018

Epique Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1965

Lot Details

  • 6.89 Acre Lot
  • 409 Ft Wide Lot
  • Street terminates at a dead end

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,595 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Sun or Florida Room
  • Basement
  • Block Basement Construction
  • Home Security System

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Outdoor Features

  • Pole Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Septic Tank

Community Details

  • Spring Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2212101053

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,832

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Total Tax Amount: 6832
  • Year Built: 1965
  • Mail City: Novi
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Security System, Walk-In Closet
  • Appliances: Dishwasher, Range/Oven, Refrigerator, Water Softener - Owned
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace, Grt Rm Fireplace, LivRoom Fireplace
  • Basement: Yes
  • Basement: Block
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room Types: Family Room, First Floor Laundry, Living Room, Sun/Florida Room
  • Below Grade Sq Ft: 1021
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 2595
  • Total Finished Sq Ft: 2595

Exterior Features

  • Exterior: Brick
  • Foundation: Basement
  • Frontage: 409
  • Out Buildings: Pole Barn

Garage/Parking

  • Garage: Attached Garage, Side Loading Garage
  • Garage Spaces: 3
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessor Parcel Number: 2212101053
  • Lot Description: Deep Lot - 150+ Ft., Treed
  • Lot Dimensions: irregular
  • Acreage: 6.89
  • Geo Subdivision: MI
  • Site/Lot Features: Dead End

Tax Info

  • Summer Tax: Year: 2017, Amount: $6,601.00
  • Winter Tax: Year: 2017, Amount: $231.00
  • Total Tax: Amount: $6,832.00

MLS Schools

  • School District: Walled Lake Cons School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2018
Closed on
Nov 19, 2018
Sold by
Ledbetter Judith M
Bought by
Herbel David E
Seller's Agent
Nancy Kolb
Epique Inc.
Buyer's Agent
Nancy Kolb
Epique Inc.
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%
Current Estimated Value
$711,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,366
Avg. Annual Appreciation
5.62%
Original Mortgage
$380,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 1996
Sold by
Ledbetter Gene E
Bought by
Ledbetter Gene E

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
7.66%
Mortgage Type
Purchase Money Mortgage
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
Herbel David E $475,000 Visionary Title Agency Llc
Ledbetter Gene E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herbel David $434,000
Closed Herbel David E $380,000
Previous Owner Ledbetter Gene E $179,150
Previous Owner Ledbetter Gene E $320,000
Previous Owner Ledbetter Gene E $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2018 11/19/18 Sold $475,000 -4.8% $183 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
07/17/2018 07/17/18 Price Changed $499,000 -3.1% $192 / Sq Ft
06/27/2018 06/27/18 Price Changed $515,000 -1.9% $198 / Sq Ft
06/18/2018 06/18/18 For Sale $525,000 -- $202 / Sq Ft
Source: Michigan Multiple Listing Service

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 $15,063 $316,510 $0 $0
2022 $13,602 $299,850 $0 $0
2020 $13,155 $288,400 $144,900 $143,500
2015 -- $199,200 $0 $0
2014 -- $195,800 $0 $0
2011 -- $208,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nancy Kolb

    Seller's Agent in 2018

    Nancy Kolb

    Epique Inc.

    (586) 634-9699

    110 Total Sales

    Nancy Kolb
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31351067

Michigan Multiple Listing Service

APN: 22-12-101-053

Michigan Oakland County Novi 48377

28855 Summit Dr, Novi, MI

This home is located at 28855 Summit Dr, Novi, MI 48377 since 18 June 2018 and is currently estimated at $711,366, approximately $274 per square foot. This property was built in 1965. 28855 Summit Dr is a home located in Oakland County with nearby schools including Meadowbrook Elementary School, James R Geisler Middle School, and Walled Lake Western High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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