NOT LISTED FOR SALE

49676 Timber Trail Unit 22 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $589,000 - $633,000

3 Beds
2.5 Baths
2,610 Sq Ft
$485/mo HOA Fee

Last Sold June 10, 2021

Last sale price $479,000 $184 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,524/month

3 Days on Market

Highlights

  • Dock Facilities
  • Outdoor Pool
  • Lake Privileges
  • Deerfield Elementary School Rated A+
  • Built-In Refrigerator
  • 4-minute walk to Island Lake of Novi North Park

About This Home

As of June 2021

Fantastic end unit Condo in Island Lake! Beautifully maintained, clean and feels like new! Hardwood floors throughout first floor and Master Bedroom. Two Story Foyer, One of a kind heated Florida room with french doors overlooking the backyard. Kitchen has been updated with Granite counters, double oven, premium cabinets, S/S, Appliances, and breakfast nook. First floor laundry. Master Bedroom has vaulted ceilings, master bath with jetted tub, double sinks, and walk in closet. Backyard has deck and patio to relax and enjoy your private setting. Island Lake subdivision has many amenities in this great community. Club House, Pool, Tennis Courts, fitness center, Nature trails and of Course Island Lake privileges with beach access! This is a Must See!!

Last Agent to Sell the Property

Michael Cash

National Realty Centers, Inc License #6501396901 Listed on: 05/07/2021

National Realty Centers, Inc

Co-Listed By

Stephen Cash

National Realty Centers, Inc License #6501111357

Last Buyer's Agent

Ryan French

DOBI Real Estate License #RCO-6501387571

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2003

Lot Details

  • Private Entrance
  • Sprinkler System

HOA Fees

  • $485 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,610 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Security System Owned

Kitchen

  • Double Oven
  • Free-Standing Electric Oven
  • Free-Standing Gas Range
  • Microwave
  • Built-In Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Sump Pump
  • Natural lighting in basement

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Dock Facilities
  • Lake Privileges
  • Deck
  • Covered patio or porch
  • 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

Listing and Financial Details

  • Assessor Parcel Number 2218451022

Community Details

Overview

  • Call Listing Agent Association
  • Island Lake North Woods Occpn 1415 Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,533

Year Built

Built in 2003

Lot Details

0

HOA Fees

$485 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 76.98
  • Year Built: 2003
  • State Equalized Value: 225650.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Call | Cats OK | Dogs OK | Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Humidifier, High Spd Internet Avail, Jetted Tub, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 13
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Unfinished
  • Kitchen Appliances: Built-In Refrigerator, Dishwasher, Double Oven, Dryer, Free-Standing Electric Oven, Free-Standing Gas Range, Microwave, Washer
  • Sq Ft Combined: 2610
  • Total Sq Ft: 2610
  • Sq Ft Total Bsmt: 1548

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Island Lake
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Stone, Wood, Shingle Siding
  • Exclusions: Yes
  • Exterior Features: Tennis Court, Club House, Grounds Maintenance, Lighting, Private Entry, Pool – Community
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered, Deck, Patio, Porch
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Privileges

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: No

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Grounds, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 485
  • Association Contact: Call listing Agent
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s)
  • Parcel Number: 2218451022

Tax Info

  • Tax Amount Summer: 7015.0000
  • Tax Amount Winter: 1518.0000
  • Total Tax: 8533.0000
  • Taxable Value: 225650.0000

Multi Family

  • Waterfront Features: Dock Facilities

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 10, 2021
Sold by
Wilson Judith
Bought by
Rotole Mariannne Margaret
Seller's Agent
Michael Cash
National Realty Centers, Inc
Buyer's Agent
Ryan French
DOBI Real Estate
List Price
$479,900
Sold Price
$479,000
Premium/Discount to List
-$900
-0.19%
Total Days on Market
3
Current Estimated Value
$610,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,222
Avg. Annual Appreciation
5.69%
Original Mortgage
$383,200
Outstanding Balance
$350,695
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$246,636

Purchase Details

Listed on
Sep 21, 2018
Closed on
Nov 29, 2018
Sold by
Wald Barry D and Clugston Susan D
Bought by
Wilson Judith
Seller's Agent
Roger Murray
National Realty Centers, Inc
Buyer's Agent
Kristen Scopacasa
National Realty Centers, Inc
List Price
$475,000
Sold Price
$449,072
Premium/Discount to List
-$25,928
-5.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.58%

Purchase Details

Closed on
Feb 12, 2004
Sold by
Toll Mi Ii Lp
Bought by
Wald Barry D and Clugston Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5%
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
Rotole Mariannne Margaret $479,000 Liberty Title
Wilson Judith $449,072 First American Title Insuran
Wald Barry D $450,626 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rotole Marianne Margaret $383,200
Closed Rotole Mariannne Margaret $383,200
Previous Owner Wald Barry D $13,000
Previous Owner Wald Barry D $280,000
Previous Owner Wald Barry D $57,800
Previous Owner Wald Barry D $347,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $479,000 -0.2% $184 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $479,900 +6.9% $184 / Sq Ft
11/29/2018 11/29/18 Sold $449,072 -3.0% $172 / Sq Ft
11/11/2018 11/11/18 Pending -- -- --
11/09/2018 11/09/18 Price Changed $463,000 -1.3% $177 / Sq Ft
10/18/2018 10/18/18 Price Changed $469,000 -1.3% $180 / Sq Ft
09/21/2018 09/21/18 For Sale $475,000 -- $182 / 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 $7,359 $246,920 $0 $0
2022 $8,366 $229,350 $0 $0
2020 $7,015 $225,650 $44,000 $181,650
2015 -- $209,900 $0 $0
2014 -- $165,700 $0 $0
2011 -- $127,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210032166

Realcomp

APN: 22-18-451-022