NOT LISTED FOR SALE

50545 Langley Dr Unit 42 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $877,000 - $955,000

4 Beds
5 Baths
3,036 Sq Ft
$301/Sq Ft Est. Value

Last Sold September 02, 2016

Last sale price $595,000 $196 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $6,154/month

15 Days on Market

Highlights

  • Tennis Courts
  • Outdoor Pool
  • Clubhouse
  • Deerfield Elementary School Rated A+
  • Cape Cod Architecture
  • Jetted Tub in Primary Bathroom

About This Home

As of September 2016

STUNNING ISLAND LAKE HOME WITH FIRST FLOOR MASTER ON HUGE PREMIUM LOT! ELEGANT & TASTEFUL DECOR, BRIGHT & OPEN FLOOR PLAN WITH UPDATED FEATURES & FIXTURES THROUGHOUT. EXTENSIVE TRIM & WAINSCOTING, SOARING CEILINGS, TWO STORY FOYER WITH HARDWOOD FLOORS, KITCHEN WITH GRANITE COUNTERS & UPGRADED CABINETS. DOORWALL TO LARGE PAVER PATIO & PRIVATE BACKYARD WITH PROFESSIONAL LANDSCAPING, MATURE TREES & PLENTY OF ROOM FOR KIDS TO PLAY! LUXURY MASTER SUITE WITH WALK IN CLOSET & JETTED TUB. PROFESSIONALLY FINISHED LOWER LEVEL WITH EGRESS WINDOW, HALF BATH & REC ROOM. NEWER WATER HEATER & DISHWASHER. RESORT STYLE AMENITIES IN SUB INCLUDING COMMON POOL, CLUBHOUSE, TENNIS COURTS, BEACH ACCESS, WALKING TRAILS & MORE! GREAT LOCATION - CLOSE TO SCHOOLS, FREE-WAYS, SHOPPING & RESTAURANTS. AWARD WINNING NOVI SCHOOLS!

Last Agent to Sell the Property

Jamey Kramer

RE/MAX Classic License #6501261596 Listed on: 07/08/2016

RE/MAX Classic

Last Buyer's Agent

Teri Spiro

Coldwell Banker Weir Manuel-Bir License #RCO-6502360733

Coldwell Banker Weir Manuel-Bir

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions are 194x40x170x199

HOA Fees

  • $123 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 3,036 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Finished Basement
  • Sump Pump
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Tennis Courts
  • Patio
  • Exterior Lighting
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2219376030

Community Details

Overview

  • Island Lake Orchards Condo Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,941

Year Built

Built in 2006

Lot Details

0

HOA Fees

$123 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod
  • Architecture Level: 2 Story
  • Year Built: 2006
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Jetted Tub, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Great Room
  • Room Count: 16
  • Total Bedrooms: 4
  • Total Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Range/Stove
  • Sq Ft Combined: 4836
  • Sq Ft Lower Floor: 1800
  • Total Sq Ft: 3036
  • Sq Ft Total Bsmt: 2035

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Club House, Lighting, Pool – Community, Tennis Court
  • Foundation Materials: Poured
  • Frontage Feet: 194
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

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
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Association Fee: 370
  • Association Fee: No

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Dimensions: 194X40X170X199
  • Parcel Number: 2219376030

Tax Info

  • Tax Amount Summer: 8356.0000
  • Tax Amount Winter: 1585.0000
  • Total Tax: 9941.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2016
Closed on
Sep 2, 2016
Sold by
Menendez Athony and Andrea Menendez D
Bought by
Jennings Preston M and Jennings Heather M
Seller's Agent
Jamey Kramer
RE/MAX Classic
Buyer's Agent
Teri Spiro
Coldwell Banker Weir Manuel-Bir
List Price
$615,000
Sold Price
$595,000
Premium/Discount to List
-$20,000
-3.25%
Current Estimated Value
$941,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,940
Avg. Annual Appreciation
4.95%
Original Mortgage
$215,000
Outstanding Balance
$174,045
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$742,403

Purchase Details

Closed on
Dec 28, 2009
Sold by
Tokarz Gregory E and Tokarz Karen K
Bought by
Menendez Anthony and Menendez Dandrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2006
Sold by
Toll Mi Ii Lp
Bought by
Tokarz Gregory E and Tokarz Karen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Jennings Preston M $595,000 Title One Inc
Menendez Anthony $450,000 Metropolitan
Tokarz Gregory E $532,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jennigs Preston M $215,000
Previous Owner Menendez Anthony $405,000
Previous Owner Tokarz Gregory E $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2016 09/02/16 Sold $595,000 -3.3% $196 / Sq Ft
07/23/2016 07/23/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $615,000 -- $203 / 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 $10,480 $338,320 $0 $0
2022 $11,612 $318,780 $0 $0
2020 $10,034 $323,500 $65,000 $258,500
2015 -- $292,350 $0 $0
2014 -- $271,650 $0 $0
2011 -- $252,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jamey Kramer

    Seller's Agent in 2016

    Jamey Kramer

    RE/MAX of Southeast Michigan

    (248) 348-7200

    30 in this area

    258 Total Sales

    Section Image
  • Teri Spiro

    Buyer's Agent in 2016

    Teri Spiro

    Coldwell Banker Weir Manuel-Bir

    (248) 760-8765

    60 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 216067522

Realcomp

APN: 22-19-376-030

Michigan Oakland County Novi 48374 Island Lake

50545 Langley Dr Unit 42, Novi, MI

This home is located at 50545 Langley Dr Unit 42, Novi, MI 48374 since 08 July 2016 and is currently estimated at $915,042, approximately $301 per square foot. This property was built in 2006. 50545 Langley Dr Unit 42 is a home located in Oakland County with nearby schools including Deerfield Elementary School, Novi Middle School, and Novi High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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