NOT LISTED FOR SALE

49652 Timber Trail Unit 18 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $594,000 - $641,000

3 Beds
3.5 Baths
2,394 Sq Ft
$485/mo HOA Fee

Last Sold June 16, 2023

Last sale price $585,000 $244 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,370/month

Highlights

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

About This Home

As of June 2023

Come live that maintenance free lifestyle in this well maintained condo located in the beautiful Island Lake of Novi community. This end-unit condo has 3 bedrooms and 3.5 baths with a 1st floor laundry, 2 car garage and finished lower level.  The spacious floor plan has hardwood floors throughout main level and offers a formal living and dining room for your entertaining needs.  The family room boasts vaulted ceilings and gas fireplace with access to the back deck.  Kitchen includes granite countertops, loads of storage and a breakfast nook that leads to the front patio. Upper level includes the primary suite with private bath and plenty of closet space.  Two additional bedrooms share an updated bathroom. Finished lower level allows for more room to entertain and a spa-like bathroom! Enjoy all the amenities Island Lake living has to offer including a clubhouse, pool, fitness center, beaches, sand volleyball, tennis courts, boating, kayaking, great fishing, walking trails and more!

Last Agent to Sell the Property

Adam Oberski

Century 21 Curran & Oberski License #6502400651 Listed on: 04/28/2023

Century 21 Curran & Oberski

Last Buyer's Agent

Brian Dellapella

Quest Realty LLC License #RCO-6501391130

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2003

Lot Details

  • End Unit
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $485 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

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

Interior Spaces

  • 2,394 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Finished Basement
  • Sump Pump

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jetted Tub in Primary Bathroom

Outdoor Features

  • Outdoor Pool
  • Lake Privileges
  • Deck
  • Patio
  • 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 502218451018

Community Details

Overview

  • Ks Management Lora Wright Association, Phone Number (734) 285-4442
  • Island Lake North Woods Occpn 1415 Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,408

Year Built

Built in 2003

Lot Details

0

HOA Fees

$485 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial, End Unit
  • Architecture Level: 2 Story
  • Year Built: 2003
  • State Equalized Value: 230510.0000
  • Year Renovated: 2003
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail, Jetted Tub
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 13
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 3459
  • Sq Ft Lower Floor: 1065
  • Total Sq Ft: 2394
  • Sq Ft Total Bsmt: 1332

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Island Lake
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Stone
  • Exterior Features: Tennis Court, Club House, Lighting, Pool – Community
  • Foundation Materials: Poured
  • Porch Type: Deck, Patio, Porch
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Privileges

Garage/Parking

  • Garage Size: 1 Car, 2 Car
  • Garage Features: Direct Access, Electricity, Attached
  • 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

  • HOA Fee Includes: Snow Removal, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: 734-285-4442 X104/lora@ksmanagement.org
  • Association Fee: 485
  • Association Contact: KS MANAGEMENT-LORA WRIGHT
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s), Wooded
  • Parcel Number: 502218451018

Rental Info

  • Tenant Amenities: Fitness Center

Tax Info

  • Tax Amount Summer: 6898.0000
  • Tax Amount Winter: 1510.0000
  • Total Tax: 8408.0000
  • Taxable Value: 230510.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jun 12, 2023
Sold by
Boyle Victoria L
Bought by
Dehenau Shariee and Dehenau Scott
Seller's Agent
Adam Oberski
Century 21 Curran & Oberski
Buyer's Agent
Brian Dellapella
Quest Realty LLC
List Price
$540,000
Sold Price
$585,000
Premium/Discount to List
$45,000
8.33%
Views
37
Current Estimated Value
$616,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,454
Avg. Annual Appreciation
2.31%

Purchase Details

Listed on
May 31, 2017
Closed on
Jul 12, 2017
Sold by
Ravid Daniel E and Daniel E Ravid Trust
Bought by
Boyle Victoria L
Seller's Agent
Robert Cuffe
Remerica Integrity II
Buyer's Agent
Robert Cuffe
Remerica Integrity II
List Price
$475,000
Sold Price
$460,000
Premium/Discount to List
-$15,000
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%
Original Mortgage
$460,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2011
Sold by
Peterson Garry J and Peterson Vaune A
Bought by
Ravid Daniel E

Purchase Details

Closed on
Jul 30, 2003
Sold by
Toll Mi Ii Lp
Bought by
Peterson Garry J and Peterson Vaune A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dehenau Shariee $585,000 Title Solutions
Boyle Victoria L $460,000 First American Title Insuran
Ravid Daniel E -- None Available
Peterson Garry J $385,091 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boyle Victoria L $460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2023 06/16/23 Sold $585,000 +8.3% $244 / Sq Ft
06/13/2023 06/13/23 Price Changed $540,000 0.0% $226 / Sq Ft
04/29/2023 04/29/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $540,000 +17.4% $226 / Sq Ft
07/12/2017 07/12/17 Sold $460,000 -3.2% $192 / Sq Ft View Prior Sale
06/19/2017 06/19/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $475,000 -- $198 / 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 $7,395 $248,140 $0 $0
2022 $8,408 $230,510 $0 $0
2020 $6,813 $223,550 $44,000 $179,550
2015 -- $199,450 $0 $0
2014 -- $157,500 $0 $0
2011 -- $121,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230029919

Realcomp

APN: 22-18-451-018