NOT LISTED FOR SALE

49885 Leyland Cir Unit 20 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $1,029,000 - $1,196,000

4 Beds
3.5 Baths
4,725 Sq Ft
$238/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $915,000 $194 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,251/month

Highlights

  • Dock Facilities
  • Tennis Courts
  • Lake Privileges
  • Deerfield Elementary School Rated A+
  • Outdoor Pool
  • Colonial Architecture

About This Home

As of June 2021

Looking for a rare opportunity to own one of the largest homes in Island Lake? You've found it! With nearly 4700sqft, this custom-designed home has it all. As you enter the home, you are greeted with a grand entryway with a curved staircase. It opens up to an elegant living room, dining room, office, and bonus room. The family room showcases a double-story stone fireplace. No expense was spared when it came to the kitchen as it features top-of-the-line appliances and finishes. Off the kitchen, you have a walk-in pantry and an oversized laundry room. The upper level has four bedrooms including the master and three full bathrooms. The master bedroom includes a den, his/her closets, and a private bath. Two bedrooms share a Jack/Jill bathroom while the third has its own ensuite. Don't forget about the walkout basement too! The Island Lake Community features a community pool, walking trails, boathouse, beaches, and tennis court. It doesn't get any better than this. Schedule a showing today!

Last Agent to Sell the Property

Adam Oberski

Century 21 Curran & Oberski License #6502400651 Listed on: 05/15/2021

Century 21 Curran & Oberski

Last Buyer's Agent

Nadine Fakhouri

EXP Realty LLC License #RCO-6501414838

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2004

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 94 x 140 x 136 x 142
  • Wooded Lot

HOA Fees

  • $115 Monthly HOA Fees

Parking

  • 3.5 Car Attached Garage

Home Design

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

Interior Spaces

  • 4,725 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Dock Facilities
  • Boat Facilities
  • Lake Privileges
  • Tennis Courts
  • Covered Patio or Porch
  • Exterior Lighting
  • Gazebo

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2218426020

Community Details

Overview

  • Island Lake Of Novi Association, Phone Number (248) 349-2770
  • Island Lake Vineyards Occpn 1271 Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,136

Year Built

Built in 2004

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 86.98
  • Year Built: 2004
  • State Equalized Value: 359850.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 17
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 6769
  • Sq Ft Lower Floor: 2044
  • Total Sq Ft: 4725
  • Sq Ft Total Bsmt: 2515

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: ISLAND LAKE
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Tennis Court, Club House, Lighting, Gazebo, Pool – Community
  • Foundation Materials: Poured
  • Frontage Feet: 94
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Privileges

Garage/Parking

  • Garage Size: 3.5 Car
  • Garage Features: Attached
  • 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

  • Association Fee Frequency: Monthly
  • Phone: 2483492770
  • Association Fee: 115
  • Association Contact: Island Lake of Novi
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Wooded
  • Lot Size Area: 0.38
  • Lot Dimensions: 94 X 140 X 136 X 142
  • Parcel Number: 2218426020

Tax Info

  • Tax Amount Summer: 10017.0000
  • Tax Amount Winter: 2119.0000
  • Total Tax: 12136.0000
  • Taxable Value: 322940.0000

Multi Family

  • Waterfront Features: Boat Facilities, Dock Facilities

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Jun 17, 2021
Sold by
Nicholsen Hans and Nicholsen Jerilyn
Bought by
Fakhouri Abel and Fakhouri Nadine
Seller's Agent
Adam Oberski
Century 21 Curran & Oberski
Buyer's Agent
Nadine Fakhouri
EXP Realty LLC
List Price
$899,000
Sold Price
$915,000
Premium/Discount to List
$16,000
1.78%
Current Estimated Value
$1,124,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,743
Avg. Annual Appreciation
5.00%
Original Mortgage
$548,000
Outstanding Balance
$502,583
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$618,902

Purchase Details

Closed on
Jul 30, 2004
Sold by
Toll Mi Ii Lp
Bought by
Nicholsen Hans and Nicholsen Jerilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.12%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Fakhouri Abel $915,000 Michigan Title Ins Agcy Inc
Nicholsen Hans $769,127 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fakhouri Adel $548,000
Previous Owner Nicholson Hans $105,000
Previous Owner Nicholsen Hans $390,000
Previous Owner Nicholsen Hans $399,213
Previous Owner Nicholsen Hans $406,250
Previous Owner Nicholsen Hans $100,000
Previous Owner Nicholsen Hans $86,000
Previous Owner Nicholsen Hans $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $915,000 +1.8% $194 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
05/15/2021 05/15/21 For Sale $899,000 -- $190 / 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 $12,087 $399,520 $0 $0
2022 $13,383 $367,980 $0 $0
2020 $10,017 $359,850 $81,000 $278,850
2015 -- $366,400 $0 $0
2014 -- $331,650 $0 $0
2011 -- $282,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210034578

Realcomp

APN: 22-18-426-020