NOT LISTED FOR SALE

50567 Langley Dr Unit 43 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $756,000 - $855,000

4 Beds
2.5 Baths
2,453 Sq Ft
$324/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $665,000 $271 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,214/month

1 Day on Market

Highlights

  • Dock Facilities
  • Tennis Courts
  • Lake Privileges
  • Deerfield Elementary School Rated A+
  • Outdoor Pool
  • Colonial Architecture

About This Home

As of January 2022

***Please have offers in by noon, Sunday January 9th. However, the seller may choose to accept an offer before the deadline.*** Come fall in love with this light-filled colonial in Island Lake of Novi. You'll love the great flowing floor plan and beautiful hardwood floors on much of the 1st floor. The kitchen features white shaker cabinets, granite counters, accent island, stainless appliances, & walk-in pantry. The kitchen & breakfast nook overlook the family room and stunning stone fireplace. Formal dining room and convenient 1st floor laundry. Upstairs you'll find 4 bedrooms, including a master suite complete w/ tray ceiling, walk-in closet and private bath w/ jetted tub, separate shower and dual sinks. Built-in organizers in upstairs closets. Custom plantation shutters through much of the home. The walk-out basement has tons of possibilities and is pre-plumbed for a bath. The large deck overlooks the spacious yard (playscape stays).

Last Agent to Sell the Property

Nancy Hackett

@properties Christie's Int'l RE Northville License #6501377054 Listed on: 01/07/2022

@properties Christie's Int'l RE Northville

Last Buyer's Agent

Nancy Hackett

Coldwell Banker Professionals-Northville License #RCO-6501377054

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2006 | Remodeled in 2013

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 179 x 154 x 50 x 158

HOA Fees

  • $112 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,453 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Unfinished Basement

Kitchen

  • Built-In Electric Oven
  • Gas Cooktop
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Dock Facilities
  • Boat Facilities
  • Lake Privileges
  • Tennis Courts
  • Deck
  • Porch

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2219376031

Community Details

Overview

  • Island Lake Orchards/Lora Wright Association, Phone Number (248) 372-9372
  • Island Lake Orchards Condo Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,828

Year Built

Built in 2006 | Remodeled in 2013

Lot Details

0

HOA Fees

$112 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 69
  • Year Built: 2006
  • State Equalized Value: 263400.0000
  • Year Renovated: 2013
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 13
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Walk-Out Access
  • Kitchen Appliances: Built-In Electric Oven, Dishwasher, Disposal, Down Draft, Dryer, Free-Standing Refrigerator, Gas Cooktop, Microwave, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 2453
  • Total Sq Ft: 2453
  • Sq Ft Total Bsmt: 1263

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Island Lake
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Tennis Court, Club House, Pool – Community
  • Foundation Materials: Poured
  • Frontage Feet: 179
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Privileges

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Direct Access, Electricity, Door Opener, 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)

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee Frequency: Quarterly
  • Phone: 2483729372
  • Association Fee: 335
  • Association Contact: Island Lake Orchards/Lora Wright
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.39
  • Lot Dimensions: 179 x 154 x 50 x 158
  • Parcel Number: 2219376031

Tax Info

  • Tax Amount Summer: 8082.0000
  • Tax Amount Winter: 1746.0000
  • Total Tax: 9828.0000
  • Taxable Value: 263400.0000

Multi Family

  • Waterfront Features: Boat Facilities, Dock Facilities

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Jan 28, 2022
Sold by
Niu Qingxiang
Bought by
Shi Wenqing and Zhou Yumeng
Seller's Agent
Nancy Hackett
@properties Christie's Int'l RE Northville
Buyer's Agent
Nancy Hackett
@properties Christie's Int'l RE Northville
List Price
$599,000
Sold Price
$665,000
Premium/Discount to List
$66,000
11.02%
Current Estimated Value
$793,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,785
Avg. Annual Appreciation
3.91%
Original Mortgage
$475,000
Outstanding Balance
$390,554
Interest Rate
2.79%
Mortgage Type
New Conventional
Estimated Equity
$370,663

Purchase Details

Closed on
Oct 7, 2019
Sold by
Niu Qingxiang and Xia Li
Bought by
Niu Qingxiang

Purchase Details

Closed on
Jun 4, 2016
Sold by
Niu Qingxiang
Bought by
Niu Qingxiang and Xia Li

Purchase Details

Listed on
Nov 7, 2015
Closed on
Dec 21, 2015
Sold by
Day Christopher and Day Stephanie
Bought by
Niu Qingxiang
Seller's Agent
Theresa Levett
Berkshire Hathaway HomeServices Kee Realty Northv
Buyer's Agent
Nancy Hackett
@properties Christie's Int'l RE Northville
List Price
$508,000
Sold Price
$485,000
Premium/Discount to List
-$23,000
-4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%
Original Mortgage
$388,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 10, 2013
Closed on
May 22, 2013
Sold by
Meg Development Llc and Guidobono Mark F
Bought by
Franko Alex and Franko Kristine
Seller's Agent
Paul Mruk
RE/MAX Classic
Buyer's Agent
S Kay Dirasian
Temporary Inactive Users
Sold Price
$2,700

Purchase Details

Closed on
Oct 12, 2006
Sold by
Mlh Lp
Bought by
Day Christopher and Day Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.5%
Mortgage Type
Credit Line Revolving
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
Shi Wenqing $665,000 Ata National Title
Shi Wenqing $665,000 Ata National Title
Niu Qingxiang -- None Available
Niu Qingxiang -- None Available
Niu Qingxiang $485,000 Fidelity National Title
Franko Alex $105,000 Title Direct Agency Llc
Day Christopher $514,912 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shi Wenqing $475,000
Closed Shi Wenqing $475,000
Previous Owner Niu Qingxiang $325,000
Previous Owner Niu Qingxiang $388,000
Previous Owner Day Christopher $368,000
Previous Owner Day Christopher $4,170,000
Previous Owner Day Christopher $401,000
Previous Owner Day Christopher $52,000
Previous Owner Day Christopher $411,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $665,000 +11.0% $271 / Sq Ft
01/10/2022 01/10/22 Price Changed $599,000 0.0% $244 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $599,000 +23.5% $244 / Sq Ft
01/15/2016 01/15/16 Sold $485,000 -4.5% $198 / Sq Ft
11/21/2015 11/21/15 Pending -- -- --
11/07/2015 11/07/15 For Sale $508,000 0.0% $207 / Sq Ft
06/27/2013 06/27/13 Rented $2,700 0.0% --
06/25/2013 06/25/13 Under Contract -- -- --
06/10/2013 06/10/13 For Rent $2,700 0.0% --
08/21/2012 08/21/12 Rented $2,700 0.0% --
08/13/2012 08/13/12 Under Contract -- -- --
08/02/2012 08/02/12 For Rent $2,700 -- --
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 $8,615 $274,730 $0 $0
2022 $9,488 $259,760 $0 $0
2020 $8,192 $263,600 $65,000 $198,600
2015 -- $234,700 $0 $0
2014 -- $218,950 $0 $0
2011 -- $218,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210103216

Realcomp

APN: 22-19-376-031