NOT LISTED FOR SALE

49674 Timber Trail Unit 21 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $635,827 - $657,000

3 Beds
3.5 Baths
2,802 Sq Ft
$540/mo HOA Fee

Last Sold September 04, 2025

Last sale price $651,500 $233 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,598/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Ground Level Unit
  • Forced Air Heating and Cooling System
  • Novi High School Rated A+
  • 2 Car Attached Garage
  • 4-minute walk to Island Lake of Novi North Park

About This Home

As of September 2025

**Multiple Offers Received, Highest and Best due Monday 3pm** Experience comfort and style in this beautifully designed 3-bedroom, 3.5-bath home, offering a warm blend of elegance and functionality. The main floor features a spacious primary suite with updated flooring, a refreshed bath vanity, and generous closet space. The open-concept living area is anchored by a striking stone fireplace and vaulted ceilings, while the dining room’s trayed ceiling adds a touch of sophistication. The kitchen boasts granite countertops, abundant cabinetry, and large windows that fill the space with natural light. Step outside to enjoy serene wooded views from the deck or unwind on the inviting paver patio. The finished basement expands your living space with daylight windows, a wet bar and plenty of room for entertaining. With a perfect balance of style, comfort, and natural surroundings, this home offers a lifestyle you’ll love coming home to. This lovely home has private lake access for residents only of Island Lake of Novi including a private boat drop, private beach, boathouse available for private events, pool, tennis courts, fitness center, volleyball courts and a playground for children!

Last Agent to Sell the Property

Michael Fanous

Wentworth Real Estate Group License #6501448746 Listed on: 08/21/2025

Last Buyer's Agent

Unidentified Agent

Unidentified Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2003

Lot Details

  • 15.13

HOA Fees

  • $540 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,802 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2218451021

Community Details

Overview

  • Keith Schalk Island Lake North Woods Association, Phone Number (734) 285-4442
  • Island Lake North Woods Occpn 1415 Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,641

Year Built

Built in 2003

Lot Details

0

HOA Fees

$540 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Traditional
  • Architecture Level: 1 1/2 Story
  • Year Built: 2003
  • State Equalized Value: 263180.0000
  • Entry Location: Ground Level
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Total Sq Ft: 2802

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Stone, Vinyl, Wood
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Structure, Maintenance Grounds, Sewer
  • Association Fee Frequency: Monthly
  • Phone: 7342854442 CONTACTSKS@KSMANAGEMENT.ORG
  • Association Fee: 540
  • Association Contact: KEITH SCHALK ISLAND LAKE NORTH WOODS
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • Parcel Number: 2218451021

Tax Info

  • Tax Amount Summer: 7852.0000
  • Tax Amount Winter: 1789.0000
  • Total Tax: 9641.0000
  • Taxable Value: 263180.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2025
Closed on
Sep 4, 2025
Sold by
Rizzo Frank Peter and Rizzo Mary Ann
Bought by
Williams Denise
Seller's Agent
Michael Fanous
Wentworth Real Estate Group
Buyer's Agent
Unidentified Agent
Unidentified Office
List Price
$625,000
Sold Price
$651,500
Premium/Discount to List
$26,500
4.24%
Views
36
Current Estimated Value
$647,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,793
Avg. Annual Appreciation
-2.22%

Purchase Details

Closed on
Nov 19, 2024
Sold by
Rizzo Frank Peter and Rizzo Mary Ann
Bought by
Frank & Mary Ann Rizzo Trust and Rizzo

Purchase Details

Listed on
Sep 30, 2022
Closed on
Nov 8, 2022
Sold by
Donna M Navetta Living Trust
Bought by
Rizzo Frank and Rizzo Mary Ann
Seller's Agent
Jamey Kramer
RE/MAX Classic
Buyer's Agent
Lisa Bird
Preferred, Realtors® Ltd
List Price
$525,000
Sold Price
$495,000
Premium/Discount to List
-$30,000
-5.71%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Original Mortgage
$396,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2009
Sold by
Navetta Donna M
Bought by
Navetta Donna M and Donna M Navetta Living Trust

Purchase Details

Closed on
Jan 29, 2004
Sold by
Toll Mi Ii Lp
Bought by
Navetta Donna
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Williams Denise $651,500 Royal Title
Williams Denise $651,500 Royal Title
Frank & Mary Ann Rizzo Trust -- None Listed On Document
Frank & Mary Ann Rizzo Trust -- None Listed On Document
Rizzo Frank $495,000 Title One
Navetta Donna M -- None Available
Navetta Donna $431,379 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rizzo Frank $396,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/04/2025 09/04/25 Sold $651,500 +4.2% $233 / Sq Ft
08/25/2025 08/25/25 Pending -- -- --
08/21/2025 08/21/25 For Sale $625,000 +26.3% $223 / Sq Ft
11/08/2022 11/08/22 Sold $495,000 -1.0% $177 / Sq Ft View Prior Sale
10/15/2022 10/15/22 Pending -- -- --
10/12/2022 10/12/22 Price Changed $500,000 -4.8% $178 / Sq Ft
09/30/2022 09/30/22 For Sale $525,000 -- $187 / 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 $7,852 $267,230 $0 $0
2022 $5,274 $228,220 $0 $0
2020 $4,288 $220,100 $44,000 $176,100
2015 -- $192,850 $0 $0
2014 -- $166,150 $0 $0
2011 -- $117,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Fanous

    Seller's Agent in 2025

    Michael Fanous

    Wentworth Real Estate Group

    (810) 777-6449

    1 in this area

    63 Total Sales

    Michael Fanous
    Section Image

  • U

    Buyer's Agent in 2025

    Unidentified Agent

    Unidentified Office

  • Jamey Kramer

    Seller's Agent in 2022

    Jamey Kramer

    RE/MAX of Southeast Michigan

    (248) 348-7200

    27 in this area

    243 Total Sales

    Jamey Kramer
    Section Image

  • L

    Buyer's Agent in 2022

    Lisa Bird

    Preferred, Realtors® Ltd

    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20251024288

Realcomp

APN: 22-18-451-021

Michigan Oakland County Novi 48374 Island Lake

49674 Timber Trail Unit 21, Novi, MI

Not Listed for Sale

Condos

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
Copyright 2025 Realcomp II Ltd. Shareholders
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

Nearby Homes