NOT LISTED FOR SALE

50002 Streamwood Dr Unit 17 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $487,825 - $522,000

3 Beds
2.5 Baths
2,321 Sq Ft
$360/mo HOA Fee

Last Sold June 15, 2018

Last sale price $368,000 $159 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,759/month

Highlights

  • Outdoor Pool
  • Colonial Architecture
  • Deck
  • Deerfield Elementary School Rated A+
  • Clubhouse
  • Porch

About This Home

As of July 2018

Hard to find end unit highlights Pottery barn style 3 bed 2.1 in the Arbors of Island lake features include large kitchen with granite counters, stainless steel appliances, skylight, and updated cabinets. Separate formal dining area with sunny bay window and tray ceiling. Family room features cozy gas fireplace with granite surround. Open floor plan with hardwood flooring throughout. Master suite features large walk-in closet, bonus space, and bath with double sized tub and separate shower. Tons of storage space in lower level. Must see! Floors being refinished Monday June 18, 2018.

Last Agent to Rent the Property

Paul Mruk

RE/MAX Classic License #6501241822 Listed on: 06/15/2018

RE/MAX Classic

Last Renter's Agent

Roger Murray

RE/MAX Classic License #RCO-6501260115

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,800

Year Built

  • Built in 2001

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,321 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Unfinished Basement
  • Sump Pump
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Deck
  • Exterior Lighting
  • Porch

Utilities

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

Listing and Financial Details

  • Security Deposit $4,200
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Assessor Parcel Number 2218401017

Community Details

Overview

  • Island Lake Arbors Condo Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Tennis Courts

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,800

Year Built

Built in 2001

Lot Details

0

HOA Fees

$360 per month

Rental Info

  • Lease Type: Condominium
  • Rent Includes: Association Fee
  • Security Deposit: 4200.00

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2001
  • Foundation Features: Sump Pump
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Humidifier, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2321
  • Total Sq Ft: 2321
  • Sq Ft Total Bsmt: 1076

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Club House, Grounds Maintenance, Lighting, Pool – Community, Tennis Court
  • Foundation Materials: Poured
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 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
  • Association Fee: 360
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Parcel Number: 2218401017

Multi Family

  • Length of Lease: 12 Months, 13-24 Months, 25-36 Months

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2018
Closed on
Jun 9, 2018
Sold by
Majmundar Neil and Majmundar Preeti
Bought by
Equity Trust Company and Zhe Zhang Ira
Seller's Agent
Paul Mruk
RE/MAX Classic
Buyer's Agent
Roger Murray
RE/MAX Classic
Sold Price
$2,800
Current Estimated Value
$504,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$501,656
Avg. Annual Appreciation
4.67%

Purchase Details

Closed on
Sep 17, 2010
Sold by
Dickow Samer and Kattula Nagam
Bought by
Majmundar Neil and Venkataraman Preeti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2002
Sold by
Toll Mi Ii Ltd Ptr
Bought by
Dickow Samer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,800
Interest Rate
6.01%
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
Equity Trust Company $368,000 Ata National Title Group
Majmundar Neil $211,500 1St State Title
Dickow Samer $299,859 --
Dickow Samer $299,859 Westminster Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Venkataraman Preeti $196,000
Previous Owner Majmundar Neil $211,500
Previous Owner Dickow Samer $212,000
Previous Owner Dickow Samer $239,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2018 07/01/18 Rented $2,800 -99.2% --
06/18/2018 06/18/18 Under Contract -- -- --
06/15/2018 06/15/18 Sold $368,000 0.0% $159 / Sq Ft
06/15/2018 06/15/18 For Rent $2,800 0.0% --
05/30/2018 05/30/18 Pending -- -- --
05/26/2018 05/26/18 For Sale $380,000 0.0% $164 / Sq Ft
11/02/2016 11/02/16 Rented $2,500 0.0% --
04/26/2016 04/26/16 Under Contract -- -- --
03/30/2016 03/30/16 Price Changed $2,500 -16.7% $1 / Sq Ft
03/16/2016 03/16/16 For Rent $3,000 +25.0% --
03/01/2014 03/01/14 Rented $2,400 0.0% --
02/04/2014 02/04/14 Under Contract -- -- --
01/14/2014 01/14/14 For Rent $2,400 -- --
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 $7,800 $193,640 $0 $0
2022 $9,772 $185,420 $0 $0
2020 $6,844 $180,500 $34,000 $146,500
2015 -- $165,500 $0 $0
2014 -- $123,150 $0 $0
2011 -- $106,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218054216

Realcomp

APN: 22-18-401-017