NOT LISTED FOR SALE

49550 Timber Trail Unit 3 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $995,956 - $1,157,000

4 Beds
3.5 Baths
4,529 Sq Ft
$231/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $720,000 $159 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,691/month

118 Days on Market

Highlights

  • Dock Facilities
  • Tennis Courts
  • Lake Privileges
  • Novi High School Rated A+
  • Outdoor Pool
  • 2-minute walk to Wildlife Woods Park

About This Home

As of March 2021

Multiple offers highest & best by 1/17 6pm. This exquisite home sits on a large corner lot with so much to offer, from the tall ceilings in the walkout basement, to the open beam 2-story ceiling in the Great Room with a beautiful stone fireplace. Step into the welcoming open foyer. Two staircases to the second level, with iron balusters. Talk about a master suite! Huge master suite w/pillars, separate sitting room, two walk in closets and master bath. Master bath has lots of light, plenty of counterspace, and a jacuzzi tub to relax in. Large guest bedroom w/its own full bath. Jack & Jill bath for the kids rooms. Enormous family room w/windows all the way around, surround sound, and plenty of room for family get togethers or game night. And there is still more! Cozy living room, Solarium/Florida Room, dining room, & not to mention the gorgeous kitchen w/a large island. Outside has much to offer as well, all brick home, deck, & sprinklers. subject to probate court sold as-is

Last Agent to Sell the Property

Kim Erdman McGue

Remerica Integrity II License #6501298604 Listed on: 10/06/2020

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 2004

Lot Details

  • 0.44 Acre Lot
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $125 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,529 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace

Kitchen

  • Double Oven
  • Electric Cooktop
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Sump Pump
  • Basement Window Egress

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Dock Facilities
  • Boat Facilities
  • Lake Privileges
  • Tennis Courts
  • Deck
  • Exterior Lighting
  • Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 2218426003

Community Details

Overview

  • Island Lake Vineyards Association, Phone Number (248) 349-2770
  • Island Lake Vineyards Occpn 1271 Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,349

Year Built

Built in 2004

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 86.98
  • Year Built: 2004
  • State Equalized Value: 365000.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Egress Window(s), High Spd Internet Avail, Jetted Tub
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 16
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Access
  • Kitchen Appliances: Electric Cooktop, Dishwasher, Disposal, Double Oven, Free-Standing Refrigerator, Stainless Steel Appliance(s), Wine Refrigerator
  • Sq Ft Combined: 4529
  • Total Sq Ft: 4529
  • Sq Ft Total Bsmt: 2659

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Island Lake
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exclusions: Yes
  • Exterior Features: Lighting, Pool – Community, Tennis Court
  • Foundation Materials: Poured
  • Frontage Feet: 200
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Privileges, Lake/River Priv

Garage/Parking

  • Garage Size: 3 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: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Trash
  • Association Fee Frequency: Monthly
  • Phone: 248-349-2770
  • Association Fee: 125
  • Association Contact: Island Lake Vineyards
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1692954.5455
  • Lot Features: Corner Lot, Sprinkler(s)
  • Lot Size Area: 0.44
  • Lot Dimensions: irregular
  • Parcel Number: 2218426003

Tax Info

  • Tax Amount Summer: 10207.0000
  • Tax Amount Winter: 2142.0000
  • Total Tax: 12349.0000
  • Taxable Value: 329140.0000

Multi Family

  • Waterfront Features: Boat Facilities, Dock Facilities

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Mar 15, 2021
Sold by
Lewis Ellis Winston and Estate Of Marc Lewis
Bought by
Thakkar Rajesh Bliogilal and Thakkar Nipabahcn Rajesh
Seller's Agent
Kim Erdman McGue
Remerica Integrity II
Buyer's Agent
Paul Mruk
RE/MAX Classic
List Price
$754,900
Sold Price
$720,000
Premium/Discount to List
-$34,900
-4.62%
Current Estimated Value
$1,045,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,489
Avg. Annual Appreciation
8.48%

Purchase Details

Closed on
Aug 7, 2015
Sold by
Maddox Angela
Bought by
Lewis Marc

Purchase Details

Closed on
Apr 27, 2004
Sold by
Toll Mi Ii Lp
Bought by
Lewis Marc C and Lewis Angela
Source: Public Records

Range of Values:

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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
Thakkar Rajesh Bliogilal $720,000 First Title Agency Llc
Lewis Marc -- None Available
Lewis Marc C $873,248 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2021 03/15/21 Sold $720,000 -3.3% $159 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
12/27/2020 12/27/20 Price Changed $744,900 -1.3% $164 / Sq Ft
10/06/2020 10/06/20 For Sale $754,900 -- $167 / 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 $12,273 $405,730 $0 $0
2022 $13,588 $373,670 $0 $0
2020 $10,207 $365,000 $81,000 $284,000
2015 -- $373,250 $0 $0
2014 -- $338,200 $0 $0
2011 -- $288,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Erdman McGue

    Seller's Agent in 2021

    Kim Erdman McGue

    Remerica Integrity II

    (734) 728-8000

    1 in this area

    36 Total Sales

    Kim Erdman McGue
    Section Image
  • Paul Mruk

    Buyer's Agent in 2021

    Paul Mruk

    RE/MAX of Southeast Michigan

    (248) 760-5008

    20 in this area

    275 Total Sales

    Paul Mruk
    Section Image
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Map

Source: Realcomp

MLS Number: 2200083057

Realcomp

APN: 22-18-426-003

Michigan Oakland County Novi 48374 Island Lake

49550 Timber Trail Unit 3, Novi, MI

This home is located at 49550 Timber Trail Unit 3, Novi, MI 48374 since 06 October 2020 and is currently estimated at $1,045,489, approximately $230 per square foot. This property was built in 2004. 49550 Timber Trail Unit 3 is a home located in Oakland County with nearby schools including Novi High School, Deerfield Elementary School, and Novi Middle 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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