NOT LISTED FOR SALE

49685 Leyland Cir Unit 7 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $759,000 - $969,000

4 Beds
5 Baths
3,382 Sq Ft
$257/Sq Ft Est. Value

Last Sold April 09, 2020

Last sale price $600,000 $177 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,505/month

274 Days on Market

Highlights

  • Tennis Courts
  • Outdoor Pool
  • Clubhouse
  • Novi High School Rated A+
  • Colonial Architecture
  • 4-minute walk to Wildlife Woods Park

About This Home

As of April 2020

Spectacular newly painted home in prestigious Island Lake Vineyards; private backyard with huge commons, reserve land in front. Upgraded exterior brick. 1st Floor Den with French Doors and custom-built ins. Hardwood flooring, custom moulding, wainscoating throughout main level, staircase and master suite. Bathrooms with storage closets. Elegant kitchen upgraded trim, maple cabinets, granite countertops, SS appliances, large island. Adjoining nook w/greenhouse extension and skylight. Great room w/Cathedral ceilings and natural fireplace. Large living room w/gas fireplace. Dining room with trey ceiling. 2 staircases. Huge master suite w/trey ceilings, his/her walk-in closets with organizers, ceramic Jacuzzi and shower. Separate guest suite with W/I closet and bath. Finished basement w/new carpet, half bath, wet bar, sump pump/ additional backup, 3 year old ac/ furnace, built in speakers t/o and alarm system. Novi School. Miles of walking trails, lake, beaches, boathouse, pool, tennis.

Last Agent to Sell the Property

Paul Mruk

RE/MAX Classic License #6501241822 Listed on: 06/04/2019

RE/MAX Classic

Last Buyer's Agent

Whitney Gesch

Keller Williams Advantage License #RCO-6501385327

Keller Williams Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 121x126x136x135
  • Corner Lot

HOA Fees

  • $115 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 3,382 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Sound System
  • Ceiling Fan
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Finished Basement
  • Sump Pump

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Outdoor Pool
  • Tennis Courts

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 2218426007

Community Details

Overview

  • Island Lake Vineyards Occpn 1271 Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,726

Year Built

Built in 2002

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 82.74
  • Year Built: 2002
  • State Equalized Value: 280900.0000
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Air Purifier, Cable Available, Humidifier, Sound System, Wet Bar
  • Fireplace: Yes
  • Fireplace Locations: Family Room, Living Room
  • Room Count: 16
  • Total Bedrooms: 4
  • Total Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 4382
  • Sq Ft Lower Floor: 1000
  • Total Sq Ft: 3382
  • Sq Ft Total Bsmt: 1500

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Club House, Pool – Community, Tennis Court
  • Foundation Materials: Poured
  • Frontage Feet: 121
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 115
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Corner Lot
  • Lot Dimensions: 121x126x136x135
  • Parcel Number: 2218426007

Tax Info

  • Tax Amount Summer: 7194.0000
  • Tax Amount Winter: 1532.0000
  • Total Tax: 8726.0000
  • Taxable Value: 229570.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2019
Closed on
Apr 9, 2020
Sold by
Bhagwagar Shiraz and Bhagwagar Bapay
Bought by
Varghese Cereen and Varghese George V
Seller's Agent
Paul Mruk
RE/MAX Classic
Buyer's Agent
Whitney Gesch
Keller Williams Advantage
List Price
$615,000
Sold Price
$600,000
Premium/Discount to List
-$15,000
-2.44%
Current Estimated Value
$870,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,634
Avg. Annual Appreciation
6.99%
Original Mortgage
$480,000
Outstanding Balance
$332,507
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$538,127

Purchase Details

Closed on
Mar 21, 2007
Sold by
Mortgage Electronic Registration Systems
Bought by
Countrywide Home Loans Inc and Hudson City Savings Bank

Purchase Details

Closed on
Nov 21, 2006
Sold by
Giammarusti Salvatore J and Giammarusti Lisa M
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Apr 25, 2002
Sold by
Toll Mi Ii Ltd Ptr
Bought by
Giammarusti S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

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Average Value
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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
Varghese Cereen $600,000 Ata National Title Group Llc
Countrywide Home Loans Inc -- None Available
Mortgage Electronic Registration Systems $611,818 None Available
Giammarusti S $669,637 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varghese Cereen $480,000
Previous Owner Giammarusti S $67,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2020 04/09/20 Sold $600,000 -2.4% $177 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $615,000 0.0% $182 / Sq Ft
02/21/2020 02/21/20 Pending -- -- --
10/19/2019 10/19/19 Price Changed $615,000 -1.6% $182 / Sq Ft
08/06/2019 08/06/19 Price Changed $625,000 -2.0% $185 / Sq Ft
07/19/2019 07/19/19 Price Changed $637,500 -3.0% $188 / Sq Ft
06/04/2019 06/04/19 For Sale $657,500 -- $194 / 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 $9,290 $312,690 $0 $0
2022 $10,299 $288,820 $0 $0
2020 $7,452 $276,700 $64,000 $212,700
2015 -- $273,400 $0 $0
2014 -- $245,700 $0 $0
2011 -- $209,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219052685

Realcomp

APN: 22-18-426-007