NOT LISTED FOR SALE

49704 Timber Trail Unit 26 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $585,696 - $644,000

3 Beds
4 Baths
2,530 Sq Ft
$245/Sq Ft Est. Value

About This Home

This home is located at 49704 Timber Trail Unit 26, Novi, MI 48374 and is currently estimated at $619,424, approximately $244 per square foot. 49704 Timber Trail Unit 26 is a home located in Oakland County with nearby schools including Deerfield Elementary School, Novi Middle School, and Novi High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2017
Sold by
Schermer Peter G and Schermer Jayne M
Bought by
Schermer Peter G and Schermer Jayne M
Current Estimated Value
$619,424

Purchase Details

Closed on
Jul 26, 2010
Sold by
Schermer Peter and Schermer Jayne M
Bought by
Schermer Peter G and Schermer Jayne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2008
Sold by
Wells Fargo Bank Na
Bought by
Wachovia Bank Na and Wfasc 2005-Ar9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2007
Sold by
Fontanive Marsha
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 16, 2003
Sold by
Toll Mi Ii Lp
Bought by
Fontanive Marsha
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Schermer Peter G -- None Available
Schermer Peter G -- Century Title
Wachovia Bank Na -- Attorneys Title Agency Llc
Schermer Peter $250,000 None Available
Wells Fargo Bank Na $370,716 None Available
Fontanive Marsha $478,021 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schermer Peter G $171,500
Closed Schermer Peter G $50,000
Closed Schermer Peter G $190,000
Closed Schermer Peter G $194,000
Previous Owner Wachovia Bank Na $200,000
Previous Owner Fontanive Marsha $140,000
Source: Public Records

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 $5,313 $244,670 $0 $0
2022 $5,905 $227,330 $0 $0
2020 $4,802 $223,700 $44,000 $179,700
2015 -- $208,150 $0 $0
2014 -- $164,350 $0 $0
2011 -- $126,350 $0 $0
Source: Public Records

Map

Michigan Oakland County Novi 48374 Island Lake

49704 Timber Trail Unit 26, Novi, MI

This home is located at 49704 Timber Trail Unit 26, Novi, MI 48374 and is currently estimated at $619,424, approximately $244 per square foot. 49704 Timber Trail Unit 26 is a home located in Oakland County with nearby schools including Deerfield Elementary School, Novi Middle School, and Novi High School.

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