$609,000 - $642,000
RENTED OCT 24, 2024

49698 Timber Trail Unit 23 Novi, MI 48374

Island Lake Neighborhood
3 Beds
3.5 Baths
2,562 Sq Ft
15.13 Acres

Last Sold June 09, 2022

Last sale price $524,000 $205 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,186/month

Highlights

  • In Ground Pool
  • Cape Cod Architecture
  • Deck
  • Novi High School Rated A+
  • Clubhouse
  • Wooded Lot

About This Home

As of October 2024

Beautiful Island Lakes condo located within the complex with a private backyard overlooking woods. 1st floor master suite w/dual sinks, soaking tub and separate shower and 2 walk-in closets. Great room w/2-story ceilings. Tons of windows w/motorized window treatments. Kitchen w/all stainless steel appliances. Built-in vent/microwave combo & gas cooktop. Eat-in nook. 2nd floor w/2 bedrooms, full bath & loft. Finished daylight basement with gas fireplace and full bath. Total finished square footage 3,562. Association dues included in rent. Clubhouse, pool, tennis courts & walking trail. No pets. No smoking.

Last Agent to Rent the Property

Lori Beatty

RE/MAX New Trend License #6501332698 Listed on: 10/01/2024

RE/MAX New Trend

Last Renter's Agent

Lloyd O'dell

KW Professionals License #6501266931

KW Professionals

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,532

Year Built

  • Built in 2002

Lot Details

  • End Unit
  • Wooded Lot

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Asphalt Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,562 Sq Ft Home
  • 2-Story Property
  • Great Room with Fireplace

Kitchen

  • Built-In Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Sump Pump
  • Fireplace in Basement
  • Natural lighting in basement

Parking

  • 2 Car Direct Access Garage
  • Driveway

Outdoor Features

  • In Ground Pool
  • Deck
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $6,750
  • 12 Month Lease Term
  • Negotiable Lease Term
  • Assessor Parcel Number 2218451023

Community Details

Overview

  • No Home Owners Association
  • Island Lake North Woods Occpn 1415 Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool
  • Tennis Courts

Condo Details

Home Type

Condominium

Est. Annual Taxes

$10,532

Year Built

Built in 2002

Lot Details

0

Rental Info

  • Lease Type: Condominium
  • Rent Includes: Association Fee
  • Security Deposit: 6750.00
  • Tenant Amenities: Fitness Center

Listing Details

  • Property Type: Condominium
  • Architecture Style: Cape Cod, End Unit
  • Architecture Level: 2 Story
  • Year Built: 2002
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Closed Circuit Camera(s)
  • Fireplace: Yes
  • Fireplace Locations: Basement, Great Room
  • Room Count: 15
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Finished, Private
  • Kitchen Appliances: Built-In Electric Oven, Dishwasher, Disposal, Dryer, Free-Standing Refrigerator, Gas Cooktop, Microwave, Washer
  • Sq Ft Combined: 3562
  • Sq Ft Lower Floor: 1000
  • Total Sq Ft: 2562
  • Sq Ft Total Bsmt: 1658

Exterior Features

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

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Electricity, Attached, Driveway
  • 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: No

Fee Information

  • Additional Fee: 400.00

Schools

  • School District: Novi

Lot Info

  • Lot Features: Wooded
  • Parcel Number: 2218451023

Multi Family

  • Length of Lease: 12 Months, Negotiable

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jun 9, 2022
Sold by
Daniel Pon
Bought by
Hans Andrew C and Hans Tabitha R
Seller's Agent
Jim DiMora
Keller Williams Advantage
Buyer's Agent
Jim DiMora
Keller Williams Advantage
List Price
$519,000
Sold Price
$524,000
Premium/Discount to List
$5,000
0.96%
Current Estimated Value
$624,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,080
Avg. Annual Appreciation
5.37%

Purchase Details

Listed on
May 10, 2016
Closed on
Sep 15, 2016
Sold by
Keeton Suzanne G and Keeton Suzanne
Bought by
Pon Daniel and Rutherford Teresa
Seller's Agent
Regina Mackey
Added Value Realty LLC
Buyer's Agent
Adam Somers
Keller Williams Advantage
List Price
$589,900
Sold Price
$450,000
Premium/Discount to List
-$139,900
-23.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.70%

Purchase Details

Listed on
Mar 7, 2014
Closed on
Apr 12, 2014
Sold by
Bones Jeffrey L and Bones Ruth Ann
Bought by
Fitzhugh Clayton J and Fitzhugh Catherine M
Seller's Agent
Heidi Rhome
Keller Williams Advantage Northville
Buyer's Agent
Teri Spiro
Coldwell Banker Weir Manuel-Bir
List Price
$424,900
Sold Price
$422,500
Premium/Discount to List
-$2,400
-0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.62%

Purchase Details

Closed on
Apr 28, 2003
Sold by
Toll Mi Ii Lp
Bought by
Bones Jeffrey L and Bones Ruth Ann
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
Hans Andrew C $524,000 None Listed On Document
Pon Daniel $450,000 Reputation First Title Agenc
Fitzhugh Clayton J $422,500 None Available
Bones Jeffrey L $450,238 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2024 10/24/24 Rented $4,050 +1.3% --
10/23/2024 10/23/24 Under Contract -- -- --
10/11/2024 10/11/24 Price Changed $4,000 -11.1% $2 / Sq Ft
10/01/2024 10/01/24 For Rent $4,500 +15.4% --
08/31/2023 08/31/23 Rented $3,900 0.0% --
08/26/2023 08/26/23 Under Contract -- -- --
08/22/2023 08/22/23 Price Changed $3,900 -13.3% $2 / Sq Ft
08/01/2023 08/01/23 For Rent $4,500 0.0% --
06/09/2022 06/09/22 Sold $524,000 +1.0% $205 / Sq Ft View Prior Sale
04/30/2022 04/30/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $519,000 +15.3% $203 / Sq Ft
09/21/2016 09/21/16 Sold $450,000 -10.0% $176 / Sq Ft View Prior Sale
07/17/2016 07/17/16 Pending -- -- --
07/03/2016 07/03/16 Price Changed $499,900 -4.8% $195 / Sq Ft
06/19/2016 06/19/16 Price Changed $524,900 -7.9% $205 / Sq Ft
05/22/2016 05/22/16 Price Changed $569,900 -3.4% $222 / Sq Ft
05/10/2016 05/10/16 For Sale $589,900 +31.1% $230 / Sq Ft
10/26/2015 10/26/15 Sold $450,000 -5.3% $176 / Sq Ft View Prior Sale
09/27/2015 09/27/15 Pending -- -- --
08/29/2015 08/29/15 For Sale $475,000 +12.4% $185 / Sq Ft
04/15/2014 04/15/14 Sold $422,500 -0.6% $165 / Sq Ft View Prior Sale
03/11/2014 03/11/14 Pending -- -- --
03/07/2014 03/07/14 For Sale $424,900 -- $166 / 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 $10,532 $275,540 $0 $0
2022 $9,308 $255,520 $0 $0
2020 $7,792 $250,900 $44,000 $206,900
2015 -- $209,600 $0 $0
2014 -- $183,100 $0 $0
2011 -- $122,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240072602

Realcomp

APN: 22-18-451-023