$429,000
SOLD OCT 23, 2015

49702 Timber Trail Unit 25 Novi, MI 48374

Island Lake Neighborhood
4 Beds
3.5 Baths
2,658 Sq Ft
$400/mo HOA Fee

Recently Sold

$161 Per Sq Ft

10% Below List Price

71 Days on Market

Highlights

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

About This Home

As of June 2024

PURE ELEGANCE W/HIGH QUALITY FEATURES: formal dining room, living room and great room w/open floor plan accented w/soaring foyer, wood floors, granite, 42 inch cherry cabinets, custom built-ins, stainless steel appliances. Breakfast room, snack bar, gourmet kitchen overlooking wooded serene setting accented by lovely fireplace. Upper level w/master suite, jetted tub, walk-in closet, 2 additional bedrooms. Loft as 4th bedroom, adjoining library having gorgeous custom walled book shelves. Finished lower level w/abundance of large daylight windows, w/full bath, amazing cabinetry and art studio for hobbies and collectibles. Island Lake's valued community offer boating, club house, tennis, fitness center, walking/biking trails and pool! See exclusions.

Last Agent to Sell the Property

Patricia Zielinski

Coldwell Banker Realty-Commerce License #6501282360 Listed on: 07/23/2015

Last Buyer's Agent

Marianne Prokop

Real Estate One-Northville License #6501268081

Real Estate One-Northville

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2002

Lot Details

  • Property fronts a private road
  • Private Entrance
  • Wooded Lot

HOA Fees

  • $400 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,658 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Family Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Fireplace in Basement
  • Natural lighting in basement

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Dock Facilities
  • Boat Facilities
  • Lake Privileges
  • Deck
  • Exterior Lighting

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 2218451025

Community Details

Overview

  • Kramer Triad Association
  • Island Lake North Woods Occpn 1415 Subdivision
  • Swim Association
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,866

Year Built

Built in 2002

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2002
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Wet Bar
  • Fireplace: Yes
  • Fireplace Locations: Basement, Family Room
  • Room Count: 15
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Finished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 3810
  • Sq Ft Lower Floor: 1152
  • Total Sq Ft: 2658
  • Sq Ft Total Bsmt: 1276

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Island Lake of Novi
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Stone, Wood
  • Exclusions: Yes
  • Exterior Features: Club House, Grounds Maintenance, Lighting, Pool – Community, Private Entry, Tennis Court
  • Foundation Materials: Poured
  • Porch Type: Deck
  • Road Frontage Type: Paved, Private, Pub. Sidewalk
  • Waterfront Description: Lake/River Priv

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Door Opener, Electricity
  • 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: Water
  • Association Fee Frequency: Monthly
  • Association Fee: 400
  • Association Contact: Kramer Triad
  • Association Fee: No

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Wooded
  • Parcel Number: 2218451025

Tax Info

  • Tax Amount Summer: 3996.0000
  • Tax Amount Winter: 870.0000
  • Total Tax: 4866.0000

Multi Family

  • Waterfront Features: Boat Facilities, Dock Facilities, Swim Association

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jun 11, 2024
Sold by
Pyden Thomas J
Bought by
Pyden Thomas J and Seethamraju Sindhu
Seller's Agent
Marianne Prokop
Real Estate One-Northville
Buyer's Agent
Mark Mcdonald
Keller Williams Advantage
List Price
$589,900
Sold Price
$590,000
Premium/Discount to List
$100
0.02%
Total Days on Market
71
Views
46
Current Estimated Value
$641,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,344
Avg. Annual Appreciation
8.98%
Original Mortgage
$472,000
Outstanding Balance
$455,775
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$185,569

Purchase Details

Closed on
Oct 31, 2019
Sold by
Pyden Thomas J
Bought by
Pyden Thomas J and Thomas J Pyden Trust

Purchase Details

Listed on
Jul 23, 2015
Closed on
Oct 23, 2015
Sold by
Vartanian Patricia A and Patricia A Vartanian Revocable
Bought by
Pyden Thomas J
Seller's Agent
Patricia Zielinski
Coldwell Banker Realty-Commerce
Buyer's Agent
Marianne Prokop
Real Estate One-Northville
List Price
$479,000
Sold Price
$429,000
Premium/Discount to List
-$50,000
-10.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%

Purchase Details

Closed on
Dec 11, 2012
Sold by
Vartanian Patricia A and Patricia A Vartanian Revocable
Bought by
Vartanian Michael G and Vartanian Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2005
Sold by
Vartanian Patricia A
Bought by
Vartanian Patricia A and Patricia A Vartanian Revocable Trust

Purchase Details

Closed on
Apr 29, 2003
Sold by
Toll Mi Ii Lp
Bought by
Vartanian Michael G and Vartanian Patricia A
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $590,000 Title One
Warranty Deed -- None Available
Warranty Deed $429,000 Bankers Title Settlement Svc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed $412,656 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $472,000 New Conventional
Previous Owner $343,200 Credit Line Revolving
Previous Owner $212,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold $590,000 0.0% $222 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $589,900 +37.5% $222 / Sq Ft
10/23/2015 10/23/15 Sold $429,000 -10.4% $161 / Sq Ft
10/02/2015 10/02/15 Pending -- -- --
07/23/2015 07/23/15 For Sale $479,000 -- $180 / 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 $7,974 $267,730 $0 $0
2022 $8,874 $248,380 $0 $0
2020 $7,357 $236,750 $44,000 $192,750
2015 -- $208,000 $0 $0
2014 -- $168,950 $0 $0
2011 -- $117,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215078092

Realcomp

APN: 22-18-451-025