Seller's Agent in 2020
Kristen Scopacasa
National Realty Centers, Inc
(313) 407-8882
158 Total Sales
50357 Drakes Bay Dr Novi, MI 48374
Island Lake NeighborhoodEstimated Value: $917,000 - $1,146,000
4
Beds
3.5
Baths
3,967
Sq Ft
$259/Sq Ft
Est. Value
Highlights
- Dock Facilities
- Spa
- Colonial Architecture
- Novi High School Rated A+
- Lake Privileges
- Clubhouse
About This Home
As of September 2020Highest & Best by Sunday 8/9/2020 @ 5pm.Impeccable Colonial Style Home in the highly sought after Island Lake of Novi Subdivision. 4 Bedrooms 3.5 Baths & nearly 4000 Square Feet with Lake Privileges. As soon as you enter the 2-story foyer w/spiral staircase, you will feel right at home. Formal dining room, perfect for family dinners. Living Room with bay window allows for plenty of natural light to flow through. Spacious Family Room features natural fireplace & recessed lighting. Gourmet eat-in kitchen w/center island & sitting area, granite counter tops, and plenty of cabinetry. All 4 Bedrooms are on the upper level including the Master en-suite w/sitting area, master bath w/dual sinks, walk in closet and jetted soaking tub. 3 Additional Bedrooms and 2 full baths finish out the second level. Unfinished walk-out basement. Enjoy those summer bbq's on the back patio. Updates include, newer carpet on 2nd level, sump pump, garbage disposal, new hickory wood flooring throughout main level.
Last Agent to Sell the Property
National Realty Centers, Inc License #6501336784 Listed on: 05/14/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 2005
HOA Fees
- $108 Monthly HOA Fees
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Poured Concrete
- Asphalt Roof
- Chimney Cap
Interior Spaces
- 3,967 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Family Room with Fireplace
- Security System Owned
Kitchen
- Double Self-Cleaning Convection Oven
- Built-In Electric Oven
- Gas Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Jetted Tub in Primary Bathroom
Laundry
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Sump Pump
- Natural lighting in basement
Parking
- 3 Car Attached Garage
- Garage Door Opener
Pool
- Spa
- Outdoor Pool
Outdoor Features
- Dock Facilities
- Lake Privileges
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- Lot Dimensions are 115 x 145 x 139 x 153
- Ground Level
Listing and Financial Details
- Assessor Parcel Number 2219376010
Community Details
Overview
- Island Lake Orchards Condo Subdivision
- Swim Association
Amenities
- Clubhouse
- Laundry Facilities
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2020
Closed on
Sep 21, 2020
Sold by
Wagenberg Jeffrey D and Wagenberg Jill M
Bought by
Nellutla Kiran Prakash and Yerravalli Deepa
Seller's Agent
Kristen Scopacasa
National Realty Centers, Inc
Buyer's Agent
Ashok Reddy
DOBI Real Estate
List Price
$799,900
Sold Price
$690,000
Premium/Discount to List
-$109,900
-13.74%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,423
Avg. Annual Appreciation
8.18%
Original Mortgage
$510,000
Outstanding Balance
$452,591
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$576,832
Purchase Details
Closed on
Jul 22, 2005
Sold by
Toll Mi Ii Limited Partnership
Bought by
Wagenberg Jeffrey D and Wagenberg Jill M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nellutla Kiran Prakash | $690,000 | Fnt | |
| Wagenberg Jeffrey D | $747,659 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nellutla Kiran Prakash | $510,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/21/2020 09/21/20 | Sold | $690,000 | -1.4% | $174 / Sq Ft |
| 08/24/2020 08/24/20 | Pending | -- | -- | -- |
| 08/05/2020 08/05/20 | Price Changed | $699,900 | -3.4% | $176 / Sq Ft |
| 07/14/2020 07/14/20 | Price Changed | $724,900 | -3.3% | $183 / Sq Ft |
| 06/17/2020 06/17/20 | Price Changed | $749,900 | -3.2% | $189 / Sq Ft |
| 05/26/2020 05/26/20 | Price Changed | $774,900 | -3.1% | $195 / Sq Ft |
| 05/14/2020 05/14/20 | For Sale | $799,900 | -- | $202 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $10,976 | $369,510 | $0 | $0 |
| 2022 | $12,158 | $333,950 | $0 | $0 |
| 2020 | $10,022 | $362,500 | $71,500 | $291,000 |
| 2015 | -- | $340,100 | $0 | $0 |
| 2014 | -- | $324,100 | $0 | $0 |
| 2011 | -- | $279,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kristen Scopacasa
-
Ashok Reddy
A
Buyer's Agent in 2020
Ashok Reddy
DOBI Real Estate
(248) 207-5550
1 in this area
12 Total Sales
Map
Source: Realcomp
MLS Number: 2200032062
APN: 22-19-376-010
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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