NOT LISTED FOR SALE

49628 Timber Trail Unit 14 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $578,000 - $649,000

3 Beds
2.5 Baths
2,562 Sq Ft
$485/mo HOA Fee

Last Sold February 21, 2020

Last sale price $470,000 $183 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,371/month

267 Days on Market

Highlights

  • Dock Facilities
  • Outdoor Pool
  • Clubhouse
  • Novi High School Rated A+
  • Cape Cod Architecture
  • 4-minute walk to Island Lake of Novi North Park

About This Home

As of February 2020

Gorgeous end unit condo in Island Lake of Novi, if you like nature you'll enjoy this peaceful serene setting from your porch or deck. Inside you'll find an open floor plan for entertaining, spacious vaulted foyer opens to a great room with an updated gas fireplace then more living space in the family room which opens to a deck overlooking the woods. 1st. floor master bedroom suite has a extra area for sitting, walk in closet and a master bath with a corner jetted tub. Large kitchen with granite counters, built in oven and range. Breakfast nook with French doors to a patio to sit with your morning coffee. Formal dining room with bay window looking out into wooded area. Beautiful hardwood floors through out except dining room and stairs. Extensive use of crown moldings. Large dining room with bay window. Upstairs you'll find a loft overlooking the great room, and 2 good sized bedrooms and a full bath. Enjoy all that Island Lakes has to offer-pool, beach, tennis court, walking trails.

Last Agent to Sell the Property

Marilyn Newman

Century 21 Curran & Oberski License #6501285318 Listed on: 04/26/2019

Century 21 Curran & Oberski

Last Buyer's Agent

Laura Even

Real Estate One-Northville License #6501415836

Real Estate One-Northville

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2003

Lot Details

  • Private Entrance
  • Wooded Lot

HOA Fees

  • $485 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 2,562 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Great Room with Fireplace
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Dock Facilities
  • Deck
  • Patio
  • Exterior Lighting
  • Gazebo
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Net Metering or Smart Meter
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2218451014

Community Details

Overview

  • Www.Islandlakeofnovi.Org Association, Phone Number (248) 974-9375
  • Island Lake North Woods Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,549

Year Built

Built in 2003

Lot Details

0

HOA Fees

$485 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Cape Cod
  • Architecture Level: 1 1/2 Story
  • Warranty: Yes
  • Year Built: 2003
  • State Equalized Value: 222850.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Utility Smart Meter
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2562
  • Total Sq Ft: 2562
  • Sq Ft Total Bsmt: 1281

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Island Lake
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Composition, Stone
  • Exterior Features: Club House, Gazebo, Grounds Maintenance, Lighting, Pool – Community, Private Entry, Tennis Court
  • Foundation Materials: Poured
  • Porch Type: Deck, Patio, 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: 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
  • Phone: 248 974-9375
  • Association Fee: 485
  • Association Contact: www.islandlakeofnovi.org
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Lot Features: Wooded
  • Parcel Number: 2218451014

Tax Info

  • Tax Amount Summer: 5596.0000
  • Tax Amount Winter: 1953.0000
  • Total Tax: 7549.0000
  • Taxable Value: 140840.0000

Multi Family

  • Waterfront Features: Dock Facilities

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2024
Sold by
Even Theodore G
Bought by
Theodore George Even Revocable Living Trust
Current Estimated Value
$616,062

Purchase Details

Listed on
Apr 26, 2019
Closed on
Feb 21, 2020
Sold by
Stando Robert P and Estate Of Katherine Ann Stando
Bought by
Even Theodore G
Seller's Agent
Marilyn Newman
Century 21 Curran & Oberski
Buyer's Agent
Laura Even
Real Estate One-Northville
List Price
$495,900
Sold Price
$470,000
Premium/Discount to List
-$25,900
-5.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%
Original Mortgage
$376,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2007
Sold by
Bank Of New York
Bought by
Stando Katherine A

Purchase Details

Closed on
Aug 18, 2007
Sold by
Mortgage Electronic Registration Systems
Bought by
Bank Of New York and Certificateholders Of Cwmbs 2005-11

Purchase Details

Closed on
Mar 20, 2007
Sold by
Prewitt Janice L
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Aug 29, 2003
Sold by
Toll Mi Ii Lp
Bought by
Prewitt Janice L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Theodore George Even Revocable Living Trust -- None Listed On Document
Theodore George Even Revocable Living Trust -- None Listed On Document
Even Theodore G $470,000 Michigan Title Ins Agcy Inc
Stando Katherine A $260,000 Attorneys Title Agency Llc
Bank Of New York -- Attorneys Title Agency
Bank Of New York -- None Available
Mortgage Electronic Registration Systems $342,000 None Available
Prewitt Janice L $426,975 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Even Theodore G $376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2020 02/21/20 Sold $470,000 -1.0% $183 / Sq Ft
01/18/2020 01/18/20 Pending -- -- --
09/18/2019 09/18/19 Price Changed $474,900 -4.2% $185 / Sq Ft
08/03/2019 08/03/19 For Sale $495,900 +5.5% $194 / Sq Ft
05/09/2019 05/09/19 Off Market $470,000 -- --
04/26/2019 04/26/19 For Sale $499,900 -- $195 / 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 $7,429 $249,270 $0 $0
2022 $6,927 $231,490 $0 $0
2020 $4,596 $227,650 $44,000 $183,650
2015 -- $211,300 $0 $0
2014 -- $184,650 $0 $0
2011 -- $123,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 219035310

Realcomp

APN: 22-18-451-014