$570,000
$30K PRICE DROP

49648 Timber Trail Unit 16 Novi, MI 48374

Island Lake Neighborhood

Estimated payment $4,311/month

Total Views 17,247
3 Beds
2.5 Baths
2,476 Sq Ft
$230 Price per Sq Ft

Highlights

  • In Ground Pool
  • Lake Privileges
  • Clubhouse
  • Novi High School Rated A+
  • Colonial Architecture
  • 4-minute walk to Island Lake of Novi North Park

About This Home

Priced to sell! Attractive Condo in Sought-After Island Lake of Novi Community! This condo features a spacious gourmet kitchen with granite countertops, a breakfast bar, and a stylish breakfast nook that opens to the family room. The open floor plan includes a cozy brick natural fireplace, hardwood flooring, and vaulted ceilings throughout. The main level includes a convenient first-floor laundry. The primary bedroom offers a cathedral ceiling, large walk-in closet, and an en-suite bath with dual sinks, granite countertop, ceramic tile flooring, jetted tub, and a separate shower. An additional full bathroom upstairs also features dual sinks, ceramic tile, and granite finishes. The finished basement, with its extra-high ceilings, provides plenty of living and storage space. Just steps away from Island Lake North Beach area. A great opportunity in a popular neighborhood! Catholic Central High School Nearby. Lake community boasts resort-style amenities, including a clubhouse, pool, private beaches, tennis and volleyball courts, walking trails, and a gym.

Listing Agent

Roger Murray

National Realty Centers, Inc License #6501260115 Listed on: 06/07/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2003

HOA Fees

  • $540 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 2,476 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Built-In Gas Oven
  • Gas Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • In Ground Pool
  • Lake Privileges
  • Deck
  • Exterior Lighting
  • Porch

Utilities

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

Additional Features

  • Private Entrance
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2218451016

Community Details

Overview

  • (734) 285 4442 Association, Phone Number (734) 285-4442
  • Island Lake North Woods Occpn 1415 Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,811

Year Built

Built in 2003

Lot Details

0

HOA Fees

$540 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2003
  • State Equalized Value: 240240.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Dogs OK
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Finished, Private
  • Kitchen Appliances: Built-In Gas Oven, Disposal, Dryer, Free-Standing Refrigerator, Gas Cooktop, Microwave, Washer
  • Sq Ft Combined: 3476
  • Sq Ft Lower Floor: 1000
  • Total Sq Ft: 2476
  • Sq Ft Total Bsmt: 1200

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: ISLAND LAKE
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Stone, Wood
  • Exterior Features: Tennis Court, Club House, Grounds Maintenance, Lighting, Private Entry, Pool – Community, Pool - Inground
  • Foundation Materials: Poured
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: W
  • Waterfront Description: Lake Privileges, No Motor Lake

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Attached, Driveway, Garage Faces Front
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: (734) 285-4442
  • Association Fee: 540
  • Association Contact: (734) 285-4442
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Parcel Number: 2218451016

Rental Info

  • Tenant Amenities: Fitness Center

Tax Info

  • Tax Amount Summer: 7173.0000
  • Tax Amount Winter: 1638.0000
  • Total Tax: 8811.0000
  • Taxable Value: 240240.0000

MLS Schools

  • School District: Novi

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $7,173 $240,620 $0 $0
2022 $8,012 $223,630 $0 $0
2020 $6,646 $213,650 $44,000 $169,650
2015 -- $203,500 $0 $0
2014 -- $165,350 $0 $0
2011 -- $114,750 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 Price Changed $570,000 -1.7% $230 / Sq Ft
08/13/2025 08/13/25 Price Changed $580,000 -1.7% $234 / Sq Ft
07/09/2025 07/09/25 Price Changed $590,000 -1.7% $238 / Sq Ft
06/07/2025 06/07/25 For Sale $600,000 +41.2% $242 / Sq Ft
03/05/2014 03/05/14 Sold $425,000 0.0% $172 / Sq Ft
02/03/2014 02/03/14 Pending -- -- --
01/09/2014 01/09/14 For Sale $425,000 0.0% $172 / Sq Ft
07/20/2012 07/20/12 Rented $2,550 -5.6% --
07/16/2012 07/16/12 Under Contract -- -- --
05/01/2012 05/01/12 For Rent $2,700 -- --
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed $425,000 1St State Title Llc
Warranty Deed $410,656 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $197,775 Credit Line Revolving
Closed $150,000 Credit Line Revolving
Closed $307,000 New Conventional
Closed $70,000 Credit Line Revolving
Closed $355,500 New Conventional
Previous Owner $148,750 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $50,000 Unknown
Previous Owner $178,200 Unknown
Source: Public Records

Source: Realcomp

MLS Number: 20251003592

Realcomp

APN: 22-18-451-016