$1,050,000
SOLD SEP 27, 2024

49285 Albatross Dr Unit 176 Novi, MI 48374

Island Lake Neighborhood
5 Beds
4.5 Baths
3,839 Sq Ft
0.57 Acres

Recently Sold

$274 Per Sq Ft

6% Above List Price

3 Days on Market

Highlights

  • Tennis Courts
  • In Ground Pool
  • Colonial Architecture
  • Deerfield Elementary School Rated A+
  • Built-In Refrigerator
  • Clubhouse

About This Home

As of September 2024

Welcome to this exquisite 5-bedroom, 4.5-bath home that epitomizes luxury and sophistication in highly desired Island Lake of Novi. Located in a low traffic section of the community, this house is on a large, corner, wooded lot with tons of privacy. Enjoy the warmth and ambiance of three fireplaces, including two gas and one with a natural gas line. The home is adorned with stunning wide plank Tigerwood flooring throughout, adding a touch of elegance to every room. The custom kitchen completed by Epiphany Kitchens is a chef's delight, equipped with top-of-the-line Sub-Zero, Bosch, and Wolf appliances, as well as a dual-fuel Lacanche stove and oven, crowned by a limestone stove hood and complemented by coffered ceilings. The study features built-in cabinets, perfect for a home office or library. Dual staircases lead to the second floor, enhancing the home's grandeur and accessibility. The primary suite boasts a sitting area and massive walk in closet w/ California closet organization. The lower living area is an entertainer's dream, featuring a bedroom w/ attached bathroom, wetbar, gym, walk-in pantry, laundry room, and wine room adorned with antique doors imported from Asia. The community amenities include two pools, a boathouse with a large event space and workout room, a beach, and walking trails throughout the area. This residence is a true masterpiece, blending timeless design with modern amenities, nestled in a community offering exceptional recreational facilities.

Last Agent to Sell the Property

Glover Agency

KW Professionals License #6501317808

KW Professionals

Co-Listed By

Matt Marsoupian

KW Professionals License #6506045649

Last Buyer's Agent

Paul Mruk

RE/MAX Classic License #6501241822

RE/MAX Classic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2003 | Remodeled in 2012

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 176x147x122x180
  • Property fronts a private road
  • Property has an invisible fence for dogs
  • Corner Lot
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $115 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 3,839 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Security System Owned

Kitchen

  • Free-Standing Gas Oven
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Fireplace in Basement
  • Basement Window Egress

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Tennis Courts
  • Deck
  • Exterior Lighting
  • Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2220100032

Community Details

Overview

  • Inquire Association
  • Island Lake Vineyards Occpn 1271 Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,569

Year Built

Built in 2003 | Remodeled in 2012

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial, Traditional
  • Architecture Level: 2 Story
  • Year Built: 2003
  • State Equalized Value: 350480.0000
  • Year Renovated: 2012
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarm, Cable Available, Egress Window(s), High Spd Internet Avail, Humidifier, Programmable Thermostat, Security Alarm (owned), Sound System, Furnished - No
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Basement, Family Room, Living Room
  • Room Count: 19
  • Total Bedrooms: 5
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Vented Exhaust Fan, Wine Cooler, Built-In Refrigerator, Dishwasher, Disposal, Dryer, Free-Standing Gas Oven, Free-Standing Gas Range, Gas Cooktop, Microwave, Range Hood, Warming Drawer, Washer, Wine Refrigerator, Bar Fridge
  • Sq Ft Combined: 5766
  • Sq Ft Lower Floor: 1927
  • Total Sq Ft: 3839
  • Sq Ft Total Bsmt: 2227

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Construction Features: Site Condo
  • Exterior Features: Tennis Court, Club House, Lighting, Fenced, Pool – Community, Pool - Inground
  • Foundation Materials: Poured
  • Frontage Feet: 176
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved, Private, Pub. Sidewalk
  • Sideof Street: S
  • Fencing: Invisible

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Side Entrance, 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

  • Association Fee Frequency: Monthly
  • Phone: Inquire
  • Association Fee: 115
  • Association Contact: Inquire
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Corner Lot, Sprinkler(s), Wooded
  • Lot Size Area: 0.57
  • Lot Dimensions: 176x147x122x180
  • Parcel Number: 2220100032
  • Percent Wooded: 100

Rental Info

  • Tenant Amenities: Fitness Center

Tax Info

  • Tax Amount Summer: 8674.7000
  • Tax Amount Winter: 1895.6000
  • Total Tax: 10569.0000
  • Taxable Value: 290050.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Sep 27, 2024
Sold by
Ryan And Heidelinde Burns Family Trust and Burns Ryan L
Bought by
Canfield Jeffery and Canfield Kimberly
Seller's Agent
Glover Agency
KW Professionals
Buyer's Agent
Paul Mruk
RE/MAX Classic
List Price
$995,000
Sold Price
$1,050,000
Premium/Discount to List
$55,000
5.53%
Total Days on Market
3
Views
94
Current Estimated Value
$1,036,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,408
Avg. Annual Appreciation
-1.96%

Purchase Details

Closed on
Sep 30, 2022
Sold by
Burns Ryan L and Burns Heidelinde H
Bought by
Ryan And Heidelinde Burns Family Trust

Purchase Details

Closed on
Aug 28, 2003
Sold by
Toll Mi Ii Lp
Bought by
Burns Ryan L and Burns Heidelinde H

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,050,000 None Listed On Document
Quit Claim Deed -- --
Warranty Deed $729,643 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $235,000 New Conventional
Previous Owner $290,000 New Conventional
Previous Owner $264,525 Stand Alone Second
Previous Owner $333,000 Unknown
Previous Owner $260,900 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $1,050,000 +5.5% $274 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $995,000 -- $259 / Sq Ft
Source: Realcomp

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 $9,091 $350,480 $0 $0
2022 $10,081 $317,360 $0 $0
2020 $8,196 $319,800 $49,150 $270,650
2015 -- $266,450 $0 $0
2014 -- $248,100 $0 $0
2011 -- $239,000 $0 $0
Source: Public Records

Source: Realcomp

MLS Number: 20240054104

Realcomp

APN: 22-20-100-032