NOT LISTED FOR SALE

49674 Timber Trail Unit 21 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $563,000 - $666,000

3 Beds
3.5 Baths
2,802 Sq Ft
$485/mo HOA Fee

Last Sold November 08, 2022

Last sale price $495,000 $177 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,575/month

14 Days on Market

Highlights

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

About This Home

As of November 2022

BEAUTIFUL CAPE COD IN ISLAND LAKE NORTH WOODS! THIS WELL-MAINTAINED PROPERTY IS MOVE IN READY W/A GREAT LOCATION BACKING TO WOODS. NEUTRAL DECOR & HARDWOOD FLOORS THROUGHOUT MAIN LEVEL. FORMAL LIVING RM W/CROWN MOLDING & FORMAL DINING RM W/TRAY CEILING. KITCHEN IS OPEN TO GREAT RM & FEATURES GRANITE COUNTERS, SS APPLIANCES INCL NEW DISHWASHER & MICROWAVE & CENTER ISLAND W/BREAKFAST BAR. 2 STORY GREAT RM BOASTS FLOOR TO CEILING WINDOWS OVERLOOKING WOODS & GAS FIREPLACE. 1ST FLR LAUNDRY. SPACIOUS 1ST FLR MASTER SUITE HAS CATHEDRAL CEILING, WIC W/BUILT-IN ORGANIZERS & EN SUITE BATH W/DUAL SINKS, JETTED TUB & NEW EUROPEAN SHOWER. UPSTAIRS YOU’LL FIND A LARGE LOFT GREAT FOR ADDITIONAL FAMILY ROOM OR OFFICE PERFECT FOR WORKING FROM HOME. 2 HUGE BEDROOMS UPSTAIRS W/FULL BATH. FINISHED LOWER LEVEL HAS LARGE REC AREA, WET BAR & FULL BATH. ADDITIONAL STORAGE SPACE IN LOWER LEVEL. ENJOY THE PRIVACY & WOODED VIEWS FROM THE EXPANSIVE DECK & PAVER PATIO! NEW FURNACE & HWH. 2 CAR ATTACHED GARAGE. ENJOY ALL THE AMENITIES RESORT LIVING HAS TO OFFER INCL CLUBHOUSE, POOL, WALKING TRAILS & MORE!

Last Agent to Sell the Property

Jamey Kramer

RE/MAX Classic License #6501261596 Listed on: 09/30/2022

RE/MAX Classic

Last Buyer's Agent

Lisa Bird

Preferred, Realtors® Ltd License #6501432455

Preferred, Realtors® Ltd

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2003

Lot Details

  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $485 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 2,802 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Bar Fridge
  • Gas Fireplace
  • Great Room with Fireplace
  • Security System Owned
  • Finished Basement

Kitchen

  • Built-In Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Exterior Lighting

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2218451021

Community Details

Overview

  • Ks Management 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

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,044

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
  • Assessment: 112.00
  • Year Built: 2003
  • State Equalized Value: 228220.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Jetted Tub, Security Alarm (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 14
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Built-In Electric Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer, Bar Fridge
  • Sq Ft Combined: 4102
  • Sq Ft Lower Floor: 1300
  • Total Sq Ft: 2802
  • Sq Ft Total Bsmt: 1642

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Stone
  • Exterior Features: Club House, Grounds Maintenance, Lighting, Tennis Court, Pool – Community, Pool - Inground
  • Foundation Materials: Poured
  • Porch Type: Deck, Patio
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Electricity, Door Opener, 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: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: 734-285-4442
  • Association Fee: 485
  • Association Contact: KS Management
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s), Wooded
  • Parcel Number: 2218451021

Rental Info

  • Tenant Amenities: Fitness Center

Tax Info

  • Tax Amount Summer: 4314.0000
  • Tax Amount Winter: 730.0000
  • Total Tax: 5044.0000
  • Taxable Value: 143450.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

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
Total Days on Market
14
Current Estimated Value
$612,083

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
8.65%
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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.91%
Mortgage Type
Unknown
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
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
Previous Owner Navetta Donna M $100,000
Previous Owner Navetta Donna $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2022 11/08/22 Sold $495,000 -1.0% $177 / Sq Ft
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

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Map

Source: Realcomp

MLS Number: 20221045892

Realcomp

APN: 22-18-451-021