NOT LISTED FOR SALE

49793 Leyland Cir Unit 15 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $1,048,000 - $1,162,000

5 Beds
4.5 Baths
4,239 Sq Ft
$260/Sq Ft Est. Value

Last Sold July 27, 2016

Last sale price $700,000 $165 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,972/month

42 Days on Market

Highlights

  • Dock Facilities
  • Tennis Courts
  • Lake Privileges
  • Novi High School Rated A+
  • Outdoor Pool
  • Colonial Architecture

About This Home

As of July 2016

Exceptional premium home on a premium wooded lot. California stone & extra side brick enhance the facade, large paved patio w/ built-in brick & granite gas BBQ, pergola & play structure in the private yard. The interior boasts an open floor plan w/ designer neutral wall colors, impressive 2 story foyer w/ sweeping staircase, vaulted great rm w/ governor's ceiling & granite fireplace, 7 ceiling fans (most Casablancas), spacious conservatory/family room, extensive use of arch windows. Extra lrg kitchen w/ gleaming wood floors, granite & SS appliances. Spacious master ste w/ tray ceiling, huge dressing rm w/ island, soaking tub, his/her sinks. Finished daylight basement has theater rm w/ stage, full bath, bedroom (egress from lrg rec rm), & plenty of storage. Great neighborhood w/ boathouse, docks, olympic sz pool, on Island Lk, walking trails, and some of the best schools in the state! CLICK ON THE MOVIE REEL ICON FOR THE AERIAL VIDEO OF HOME AND PROPERTY!

Last Agent to Sell the Property

Nancy Karas

Max Broock, REALTORS®-Bloomfield Hills License #6501359446 Listed on: 05/05/2016

Max Broock, REALTORS®-Bloomfield Hills

Last Buyer's Agent

Randal Goodson

Real Estate One-Northville License #6501192974

Real Estate One-Northville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2001 | Remodeled in 2010

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 114 x 140 x 140 x 139
  • Wooded Lot

HOA Fees

  • $137 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,239 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Sump Pump
  • Natural lighting in basement

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Dock Facilities
  • Boat Facilities
  • Lake Privileges
  • Tennis Courts
  • Patio
  • Exterior Lighting
  • Breezeway
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2218426015

Community Details

Overview

  • Kramer Triad Association, Phone Number (800) 317-3025
  • Island Lake Vineyards Occpn 1271 Subdivision
  • Swim Association

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,277

Year Built

Built in 2001 | Remodeled in 2010

Lot Details

0

HOA Fees

$137 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2001
  • Year Renovated: 2010
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Jetted Tub
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 21
  • Total Bedrooms: 5
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 6239
  • Sq Ft Lower Floor: 2000
  • Total Sq Ft: 4239
  • Sq Ft Total Bsmt: 2502

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Island Lake
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Exterior Features: BBQ Grill, Club House, Lighting, Pool – Community, Tennis Court
  • Foundation Materials: Poured
  • Frontage Feet: 114
  • Porch Type: Breezeway, Patio, Porch
  • Road Frontage Type: Paved
  • Waterfront Description: Lake/River Priv

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Door Opener, Electricity, Side Entrance, Workshop
  • 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)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: 800-317-3025
  • Association Fee: 137
  • Association Contact: KRAMER TRIAD
  • Association Fee: No

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1812500.0000
  • Lot Features: Wooded
  • Lot Size Area: 0.40
  • Lot Dimensions: 114 x 140 x 140 x 139
  • Parcel Number: 2218426015

Tax Info

  • Tax Amount Summer: 8456.0000
  • Tax Amount Winter: 1821.0000
  • Total Tax: 10277.0000

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

Closed on
Apr 10, 2021
Sold by
Rao Wallace Narasimha and Nagapatinam Rajani
Bought by
Rao Wallace Narasimha and Nagapatinam Rajani
Current Estimated Value
$1,100,023

Purchase Details

Listed on
May 5, 2016
Closed on
Jul 27, 2016
Sold by
The Neha Kiru Trust and Kiru Neha
Bought by
Rao Wallace Narasimha and Nagapatinam Rajani
Seller's Agent
Nancy Karas
Max Broock, REALTORS®-Bloomfield Hills
Buyer's Agent
Randal Goodson
Real Estate One-Northville
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.03%
Original Mortgage
$560,000
Outstanding Balance
$256,197
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$843,826

Purchase Details

Closed on
Feb 19, 2012
Sold by
Kiru Shankar and Kiru Neha
Bought by
Kiru Neha and Neha Kiru Trust

Purchase Details

Closed on
Jun 24, 2008
Sold by
Larson Brian J and Larson Nancy
Bought by
Kiru Shankar and Kiru Neha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2001
Sold by
Toll Mi Ii Ltd Ptr
Bought by
Larson Brian J
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
Rao Wallace Narasimha -- None Available
Rao Wallace Narasimha $700,000 None Available
Kiru Neha -- None Available
Kiru Shankar $675,000 Interstate Title Inc
Larson Brian J $702,512 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rao Wallace Narasimha $560,000
Previous Owner Kiru Shankar $417,000
Closed Larson Brian J --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2016 07/27/16 Sold $700,000 -3.4% $165 / Sq Ft
06/16/2016 06/16/16 Pending -- -- --
06/10/2016 06/10/16 Price Changed $725,000 -3.3% $171 / Sq Ft
05/05/2016 05/05/16 For Sale $750,000 -- $177 / 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 $12,041 $407,070 $0 $0
2022 $13,332 $374,980 $0 $0
2020 $10,848 $366,050 $81,000 $285,050
2015 -- $329,750 $0 $0
2014 -- $297,400 $0 $0
2011 -- $255,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216043162

Realcomp

APN: 22-18-426-015