NOT LISTED FOR SALE

49650 Timber Trail Unit 17 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $617,000 - $676,000

3 Beds
3.5 Baths
2,802 Sq Ft
$475/mo HOA Fee

Last Sold August 24, 2018

Last sale price $445,000 $159 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,773/month

7 Days on Market

Highlights

  • Outdoor Pool
  • Lake Privileges
  • Deck
  • Deerfield Elementary School Rated A+
  • Cape Cod Architecture
  • 4-minute walk to Island Lake of Novi North Park

About This Home

As of August 2018

Stunning first floor master condominium backing to private protected woodlands. Open kitchen to two-story great room with beautiful stone fireplace and floor-to-ceiling windows. Kitchen features newer stainless appliances, custom granite and backsplash and new extended cabinets and counter space. Large master suite with glamour bath and custom built-ins in WIC. Large upstairs loft with new carpet and two additional bedrooms, spacious utility closet and full bath. Finished lower level with full bath, rec room, pool table and bar. Island Lake community offers 4 miles of walking trails, pool, boathouse, tennis court and lake access.

Last Agent to Sell the Property

Marianne Prokop

Real Estate One-Northville License #6501268081 Listed on: 07/03/2018

Real Estate One-Northville

Last Buyer's Agent

Jeff Duneske

Keller Williams Advantage License #RCO-6501297753

Keller Williams Advantage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2003

HOA Fees

  • $475 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,802 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Great Room with Fireplace
  • Finished Basement
  • Natural lighting in basement
  • Security System Leased

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Lake Privileges
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2218451017

Community Details

Overview

  • Lora Wright Association Mgmt Association, Phone Number (248) 374-9375
  • Island Lake North Woods Occpn 1415 Subdivision

Recreation

  • Community Pool

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,111

Year Built

Built in 2003

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Cape Cod
  • Architecture Level: 1 1/2 Story
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Humidifier, Jetted Tub, Security Alarm (rented)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 13
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 4102
  • Sq Ft Lower Floor: 1300
  • Total Sq Ft: 2802
  • Sq Ft Total Bsmt: 1643

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: island lake
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting, Pool – Community, Security Patrol
  • Foundation Materials: Poured
  • Porch Type: Deck, Patio, Porch
  • Road Frontage Type: Paved
  • Waterfront Description: Lake/River Priv

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: Community
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: 2483749375
  • Association Fee: 475
  • Association Contact: Lora Wright Association Mgmt
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Parcel Number: 2218451017

Tax Info

  • Tax Amount Summer: 6656.0000
  • Tax Amount Winter: 1455.0000
  • Total Tax: 8111.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2018
Closed on
Aug 24, 2018
Sold by
Utley James and Utley Barbara H
Bought by
Oikarinen Kenneth and Oikarinen Pamela
Seller's Agent
Marianne Prokop
Real Estate One-Northville
Buyer's Agent
Jeff Duneske
Keller Williams Advantage
List Price
$450,000
Sold Price
$445,000
Premium/Discount to List
-$5,000
-1.11%
Total Days on Market
7
Current Estimated Value
$646,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,368
Avg. Annual Appreciation
5.66%

Purchase Details

Listed on
Apr 20, 2015
Closed on
Jun 26, 2015
Sold by
Mickiewicz Robert J and Micklewicz Christine A
Bought by
Utley James D and Utley Barbara M
Seller's Agent
Paul Mruk
RE/MAX Classic
Buyer's Agent
Marianne Prokop
Real Estate One-Northville
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.09%
Original Mortgage
$344,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2003
Sold by
Toll Mi Ii Lp
Bought by
Mickiewicz Robert J and Mickiewicz Christine A
Source: Public Records

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Range of Values:

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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
Oikarinen Kenneth $445,000 Title One Inc
Utley James D $430,000 Attorneys Title Agency Llc
Mickiewicz Robert J $429,567 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Utley James D $344,000
Previous Owner Mickiewicz Robert J $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2018 08/24/18 Sold $445,000 -1.1% $159 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
07/03/2018 07/03/18 For Sale $450,000 0.0% $161 / Sq Ft
11/07/2017 11/07/17 Rented $3,200 0.0% --
11/06/2017 11/06/17 Under Contract -- -- --
11/03/2017 11/03/17 For Rent $3,200 0.0% --
06/26/2015 06/26/15 Sold $430,000 -4.4% $153 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
04/20/2015 04/20/15 For Sale $450,000 -- $161 / 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 $8,036 $273,550 $0 $0
2022 $7,456 $253,710 $0 $0
2020 $7,493 $244,150 $44,000 $200,150
2015 -- $213,550 $0 $0
2014 -- $184,650 $0 $0
2011 -- $129,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218059819

Realcomp

APN: 22-18-451-017