NOT LISTED FOR SALE

50564 Langley Dr Unit 35 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $940,193 - $1,025,000

5 Beds
4.5 Baths
3,475 Sq Ft
$284/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $694,500 $200 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $6,480/month

40 Days on Market

Highlights

  • Water Views
  • Tennis Courts
  • Lake Privileges
  • Deerfield Elementary School Rated A+
  • Outdoor Pool
  • Colonial Architecture

About This Home

As of July 2019

Stunning Island Lake of Novi home. Award-winning Novi schools. Experience luxury living in this exquisite home featuring 5 bedrooms and 4.5 Bath Rooms. Formal dining room and office with large windows for lots of natural light. Hardwood floors on the majority of the first floor, gourmet eat-in kitchen with island, stainless steel appliances, granite counter tops, library w/French doors, and great room and much more. Amazing trek deck with partial views of the lake! The upstairs features a master suite with walk-in closets and a large bathroom with vanity and shower. Finished lower level with sauna, in laws suite, kitchen and theatre room. Private resort community clubhouse, kids play area, fitness center, tennis courts, swimming pools- swim club for the kids, private beach, boat launch, parks/biking trails/volleyball/boating/private lake access.

Last Agent to Sell the Property

Elizabeth Lanni

ESL & Assoc Realty LLC License #6501272542 Listed on: 05/17/2019

Last Buyer's Agent

Laura Randazzo

National Realty Centers, Inc License #6501398899

National Realty Centers, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 85x85x170x170

HOA Fees

  • $112 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,475 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Water Views
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Fireplace in Basement

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Lake Privileges
  • Tennis Courts
  • Deck
  • Patio
  • Exterior Lighting
  • Breezeway
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2219376023
  • $15,000 Seller Concession

Community Details

Overview

  • Island Lake Orchards Condo Subdivision
  • Swim Association

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,844

Year Built

Built in 2004

Lot Details

0

HOA Fees

$112 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 82.74
  • Year Built: 2004
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Humidifier, Programmable Thermostat, Security Alarm (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement, Family Room
  • Room Count: 18
  • Total Bedrooms: 5
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 4675
  • Sq Ft Lower Floor: 1200
  • Total Sq Ft: 3475
  • Sq Ft Total Bsmt: 1700

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: City of Novi
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Construction Features: Site Condo
  • Exterior Features: Club House, Lighting, Pool – Community, Tennis Court
  • Foundation Materials: Poured
  • Frontage Feet: 85
  • Porch Type: Breezeway, Deck, Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Waterfront Description: Lake/River Priv

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, Zoned
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Association Fee: 335
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Water View
  • Lot Dimensions: 85x85x170x170
  • Parcel Number: 2219376023

Tax Info

  • Tax Amount Summer: 9013.0000
  • Tax Amount Winter: 1831.0000
  • Total Tax: 10844.0000

Multi Family

  • Waterfront Features: Swim Association

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Jul 26, 2019
Sold by
Knedgen Douglas and Knedgen Faye
Bought by
Soberanes Rodrigo Garnica and Gonzalez Beatriz Aguilar Alvarez
Seller's Agent
Elizabeth Lanni
ESL & Assoc Realty LLC
Buyer's Agent
Laura Randazzo
National Realty Centers, Inc
List Price
$694,500
Sold Price
$694,500
Current Estimated Value
$986,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,298
Avg. Annual Appreciation
4.87%
Original Mortgage
$625,050
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2011
Sold by
Reuter Robert J and Eisbrenner Joanne A
Bought by
Knedgen Douglas and Knedgen Faye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
4.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2009
Sold by
Reuter Robert J and Klain Tanya J
Bought by
Reuter Robert J

Purchase Details

Closed on
Jul 29, 2004
Sold by
Toll Mi Ii Lp
Bought by
Reuter Robert J and Klain Tanya J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,250
Interest Rate
2.87%
Mortgage Type
Fannie Mae Freddie Mac
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
Soberanes Rodrigo Garnica $694,500 None Available
Knedgen Douglas $485,000 Land Title Agency Llc
Reuter Robert J -- None Available
Reuter Robert J $700,336 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soberanes Rodrigo Garnica $603,000
Closed Soberanes Rodrigo Garnica $625,050
Previous Owner Knedgen Douglas $124,000
Previous Owner Knedgen Douglas A $478,000
Previous Owner Knedgen Douglas $70,000
Previous Owner Kredgen Douglas A $50,000
Previous Owner Knedgen Douglas $412,000
Previous Owner Knedgen Douglas $388,000
Previous Owner Knedgen Douglas $37,000
Previous Owner Reuter Robert J $560,053
Previous Owner Reuter Robert J $70,300
Previous Owner Reuter Robert J $562,400
Previous Owner Reuter Robert J $41,700
Previous Owner Reuter Robert J $83,500
Previous Owner Reuter Robert J $525,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2019 07/26/19 Sold $694,500 0.0% $200 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $694,500 -- $200 / 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 $11,017 $355,880 $0 $0
2022 $12,204 $335,210 $0 $0
2020 $10,563 $340,700 $65,000 $275,700
2015 -- $274,350 $0 $0
2014 -- $255,150 $0 $0
2011 -- $254,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219044988

Realcomp

APN: 22-19-376-023