NOT LISTED FOR SALE

50558 Drakes Bay Dr Unit 14 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $1,296,000 - $2,290,000

-- Bed
5 Baths
5,537 Sq Ft
$312/Sq Ft Est. Value

About This Home

This home is located at 50558 Drakes Bay Dr Unit 14, Novi, MI 48374 and is currently estimated at $1,725,812, approximately $311 per square foot. 50558 Drakes Bay Dr Unit 14 is a home located in Oakland County with nearby schools including Deerfield Elementary School, Novi Middle School, and Novi High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2010
Sold by
Nofar Robert and Nofar Shirin
Bought by
Nofar Robert and Nofar Shirin
Current Estimated Value
$1,725,812

Purchase Details

Closed on
May 19, 2005
Sold by
Toll Mi Ii Lp
Bought by
Nofar Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,000
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
Nofar Robert -- None Available
Nofar Robert $1,178,133 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nofar Robert $452,100
Open Nofar Robert $1,380,000
Closed Nofar Robert B $475,000
Open Nofar Robert B $5,475,000
Closed Nofar Robert $936,000
Closed Nofar Robert $500,000
Closed Nofar Robert $246,200
Closed Nofar Robert $1,424,500
Closed Nofar Robert $150,000
Closed Nofar Robert $156,100
Previous Owner Nofar Robert $822,000
Source: Public Records

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 $23,100 $988,890 $0 $0
2022 $23,730 $870,640 $0 $0
2020 $19,327 $803,550 $166,000 $637,550
2015 -- $881,750 $0 $0
2014 -- $825,500 $0 $0
2011 -- $484,050 $0 $0
Source: Public Records

Map

Michigan Oakland County Novi 48374 Island Lake

50558 Drakes Bay Dr Unit 14, Novi, MI

This home is located at 50558 Drakes Bay Dr Unit 14, Novi, MI 48374 and is currently estimated at $1,725,812, approximately $311 per square foot. 50558 Drakes Bay Dr Unit 14 is a home located in Oakland County with nearby schools including Deerfield Elementary School, Novi Middle School, and Novi High School.

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