NOT LISTED FOR SALE

49720 Timber Trail Unit 87 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $1,177,000 - $1,230,000

5 Beds
4.5 Baths
4,903 Sq Ft
$244/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $885,000 $181 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,894/month

11 Days on Market

Highlights

  • Dock Facilities
  • Beach Access
  • Tennis Courts
  • Deerfield Elementary School Rated A+
  • Home fronts navigable water
  • Outdoor Pool

About This Home

As of October 2020

Spectacular five-bedroom showplace on a gorgeous rare lot, backing to woods and surrounded by a protected nature preserve on three sides. Fabulous subdivision which has all the amenities you've ever dreamed of: a great clubhouse, swimming pool, tennis courts, lake, beach, etc. Original owner paid over $900K when home was built in 2003, and invested approx. $300K in landscaping and in finishing the basement. The attention to detail, coupled with the addition of the solarium and conservatory, makes this a truly one-of-a-kind home, perfect for accommodating in-laws and guests. Present owners have also never stopped improving the home, redoing the baths, the laundry room, flooring, fireplace, staircase railings, updating furnace and A/C, etc. THIS HOME HAS BEEN PRICED TO SELL. Don’t miss it!

Last Agent to Sell the Property

Phyllis Lemon

Professional One Real Estate License #6501120440 Listed on: 09/07/2020

Co-Listed By

Michael McClure

Professional One Real Estate License #6501251531

Last Buyer's Agent

Dave Abdallah

Century 21 Curran & Oberski License #6501241447

Century 21 Curran & Oberski

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2003

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 120 x 180
  • Home fronts navigable water
  • Sprinkler System

HOA Fees

  • $115 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Active Radon Mitigation

Interior Spaces

  • 4,903 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Sound System
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Partially Finished Basement
  • Sump Pump

Kitchen

  • Self-Cleaning Convection Oven
  • Free-Standing Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Jetted Tub in Primary Bathroom

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Common Area
  • Accessible Kitchen
  • Kitchen Appliances
  • Stairway
  • Central Living Area
  • Accessible Hallway
  • Accessible Closets
  • Accessible Washer and Dryer
  • Accessible Doors
  • Accessible Entrance

Outdoor Features

  • Outdoor Pool
  • Beach Access
  • Dock Facilities
  • Lake Privileges
  • Tennis Courts
  • Patio
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • ENERGY STAR Qualified Air Conditioning
  • Humidifier
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Water Purifier is Owned
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2219201014

Community Details

Overview

  • Island Lake Vineyards Occpn 1271 Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,073

Year Built

Built in 2003

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 172- trash pickup
  • Year Built: 2003
  • State Equalized Value: 411000.0000
  • Accessibility Features: Accessible Bedroom, Accessible Central Living Area, Accessible Closets, Accessible Common Area, Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Accessible Kitchen Appliances, Accessible Stairway, Accessible Washer/Dryer
  • Foundation Features: Active Radon Mitigation, Sump Pump
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s), Central Vacuum, High Spd Internet Avail, Humidifier, Jetted Tub, Programmable Thermostat, Security Alarm (owned), Sound System
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 18
  • Total Bedrooms: 5
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Gas Cooktop, ENERGY STAR® qualified dishwasher, Disposal, Microwave, Convection Oven, Free-Standing Electric Oven, Self Cleaning Oven, Plumbed For Ice Maker, Range Hood, Free-Standing Refrigerator, Trash Compactor, Vented Exhaust Fan, Water Purifier Owned
  • Sq Ft Combined: 5653
  • Sq Ft Lower Floor: 750
  • Total Sq Ft: 4903
  • Sq Ft Total Bsmt: 2500

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Island Lake
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exclusions: Yes
  • Exterior Features: Lighting, Pool – Community, Tennis Court
  • Foundation Materials: Poured
  • Frontage Feet: 120
  • Porch Type: Patio
  • Road Frontage Type: Paved
  • Waterfront Description: Beach Access, Lake Privileges, Lake/River Priv

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, ENERGY STAR® Qualified A/C Equipment
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee Frequency: Monthly
  • Association Fee: 115
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s)
  • Lot Size Area: 0.41
  • Lot Dimensions: 120 x 180
  • Parcel Number: 2219201014

Tax Info

  • Tax Amount Summer: 11696.0000
  • Tax Amount Winter: 2377.0000
  • Total Tax: 14073.0000
  • Taxable Value: 383070.0000

Multi Family

  • Waterfront Features: Dock Facilities, Navigable

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2020
Closed on
Oct 23, 2020
Sold by
Menchinger Matthew and Menchinger Amanda J
Bought by
Yosif Ahmad
Seller's Agent
Phyllis Lemon
Professional One Real Estate
Buyer's Agent
Dave Abdallah
Century 21 Curran & Oberski
List Price
$915,000
Sold Price
$885,000
Premium/Discount to List
-$30,000
-3.28%
Current Estimated Value
$1,218,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,362
Avg. Annual Appreciation
6.57%
Original Mortgage
$510,000
Outstanding Balance
$382,093
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$820,428

Purchase Details

Closed on
Sep 7, 2010
Sold by
Sullivan John E and Sullivan Trudy
Bought by
Menchinger Amanda J and Menchinger Matthew

Purchase Details

Closed on
Jul 24, 2003
Sold by
Toll Mi Ii Lp
Bought by
Sullivan John F and Sullivan Trudy
Source: Public Records

Range of Values:

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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
Yosif Ahmad $885,000 Reputation First Title Agcy
Menchinger Amanda J $640,000 Capital Title Ins Agency
Sullivan John F $902,947 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yosif Ahmad $510,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $885,000 -3.3% $181 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
09/07/2020 09/07/20 For Sale $915,000 -- $187 / 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 $13,687 $442,360 $0 $0
2022 $15,147 $429,130 $0 $0
2020 $11,783 $411,000 $57,900 $353,100
2015 -- $379,450 $0 $0
2014 -- $372,250 $0 $0
2011 -- $292,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200073424

Realcomp

APN: 22-19-201-014