NOT LISTED FOR SALE

50572 Langley Dr Unit 34 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $958,000 - $1,052,000

5 Beds
6 Baths
3,549 Sq Ft
$282/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $830,000 $234 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,504/month

3 Days on Market

Highlights

  • Beach Access
  • Tennis Courts
  • Lake Privileges
  • Novi High School Rated A+
  • Outdoor Pool
  • Colonial Architecture

About This Home

As of August 2021

HIGHEST & BEST DUE SUNDAY 6/27 @ 5pm Extraordinary Renovated Custom Home in the Highly Sought after Island Lake Orchards~~Elegant Stylish Appointments Transcend over 5100 Sq Ft of Living Space including a Finished W/O Lower Level Perfect for Entertaining or Optional Multi-Gen Living Quarters~~Enjoy Newer Lush Landscaped Grounds including Trex & Paver Hardscaped Areas, Nat. Gas Fire-pit & a Deep Yard~~The Grand Foyer Leads to Open Inter-connected Interior Spaces Offering Wood Floors, Custom Moldings & Quality Designer Finishes~~A Vaulted Great Rm Boasts Bright Picturesque Windows & Impressive Stacked Stone Fireplace~~The Gourmet Kitchen Offers Granite, Built-in Appliances, Custom Cabinetry & Hickory Island w/ Seating for 6~~Retire to 1 of 5 Beds including a Lavish Owner's Suite, Luxurious Bath w/ Heated Fls & a Dream Closet Complete w/ Washer & Dryer~~Convenient 1st Fl Office~~Organized Mud Rm w/ Storage Cubicles~~Quality Zoned HVAC~~Community Walking Paths, Beach, Clubhouse, Pool, etc

Last Agent to Sell the Property

Tim Sova

RE/MAX Platinum License #6502360713 Listed on: 06/24/2021

RE/MAX Platinum

Last Buyer's Agent

Tim Sova

RE/MAX Platinum License #6502360713 Listed on: 06/24/2021

RE/MAX Platinum

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2004 | Remodeled in 2013

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 88x145x127x150
  • Property fronts a private road
  • Sprinkler System

HOA Fees

  • $112 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,549 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Sound System
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Security System Owned

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Basement Window Egress

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Beach Access
  • Lake Privileges
  • Tennis Courts
  • Deck
  • Patio
  • Terrace
  • Exterior Lighting

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2219376022

Community Details

Overview

  • Ks Management Association, Phone Number (734) 285-4442
  • Island Lake Orchards Condo Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,802

Year Built

Built in 2004 | Remodeled in 2013

Lot Details

0

HOA Fees

$112 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 86.98
  • Year Built: 2004
  • State Equalized Value: 351900.0000
  • Year Renovated: 2013
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Egress Window(s), High Spd Internet Avail, Humidifier, Jetted Tub, Programmable Thermostat, Security Alarm (owned), Sound System, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 24
  • Total Bedrooms: 5
  • Total Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Daylight, Finished, Walkout Access
  • Kitchen Appliances: Wine Cooler, Dishwasher, Disposal, Double Oven, Dryer, Free-Standing Refrigerator, Gas Cooktop, Microwave, Stainless Steel Appliance(s), Washer, Wine Refrigerator
  • Sq Ft Combined: 5149
  • Sq Ft Lower Floor: 1600
  • Total Sq Ft: 3549
  • Sq Ft Total Bsmt: 1600

Exterior Features

  • Roof Material: Asphalt, Composition
  • Waterfront Name: Island Lake
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Construction Features: Site Condo
  • Exclusions: Yes
  • Exterior Features: Tennis Court, Club House, Lighting, Pool – Community
  • Foundation Materials: Poured
  • Frontage Feet: 88
  • Porch Type: Deck, Patio, Terrace
  • Road Frontage Type: Paved, Private
  • Waterfront Description: Beach Access, Lake Privileges

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Side Entrance, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Radiant, Zoned
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Phone: 7342854442
  • Association Fee: 335
  • Association Contact: KS Management
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s)
  • Lot Size Area: 0.36
  • Lot Dimensions: 88x145x127x150
  • Parcel Number: 2219376022

Tax Info

  • Tax Amount Summer: 9740.0000
  • Tax Amount Winter: 2062.0000
  • Total Tax: 11802.0000
  • Taxable Value: 313930.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Aug 13, 2021
Sold by
Balconi Randal and Balconi Jodi
Bought by
Sadik Edwin and Sadik Tania
Seller's Agent
Tim Sova
RE/MAX Platinum
Buyer's Agent
Tim Sova
RE/MAX Platinum
List Price
$824,900
Sold Price
$830,000
Premium/Discount to List
$5,100
0.62%
Current Estimated Value
$1,001,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,057
Avg. Annual Appreciation
5.13%
Original Mortgage
$805,000
Outstanding Balance
$735,146
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$281,297

Purchase Details

Closed on
Jan 14, 2010
Sold by
Mortgage Electronic Registration Systems
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Dec 15, 2009
Sold by
Walrich Robert N and Walrich Caroline I
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Aug 24, 2004
Sold by
Toll Mi Ii Lp
Bought by
Walrich Robert N and Walrich Caroline I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,000
Interest Rate
4.75%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Sadik Edwin $830,000 Select Title Company
The Bank Of New York Mellon -- None Available
Mortgage Electronic Registration Systems $481,500 None Available
Walrich Robert N $673,867 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sadik Edwin $805,000
Previous Owner Balconi Randal $250,000
Previous Owner Balconi Randal S $369,000
Previous Owner Balconi Randal $300,475
Previous Owner Balconi Randal $300,000
Previous Owner Walrich Robert N $650,000
Previous Owner Walrich Robert N $88,000
Previous Owner Walrich Robert N $216,325
Previous Owner Walrich Robert N $125,000
Previous Owner Walrich Robert $419,000
Previous Owner Walrich Robert $419,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $830,000 +0.6% $234 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $824,900 -- $232 / 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 $11,374 $367,270 $0 $0
2022 $12,597 $346,150 $0 $0
2020 $9,740 $351,900 $65,000 $286,900
2015 -- $312,700 $0 $0
2014 -- $290,500 $0 $0
2011 -- $280,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Sova

    Seller's Agent in 2021

    Tim Sova

    RE/MAX Michigan

    (517) 404-6677

    1 in this area

    273 Total Sales

    Tim Sova
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Map

Source: Realcomp

MLS Number: 2210045637

Realcomp

APN: 22-19-376-022

Michigan Oakland County Novi 48374 Island Lake

50572 Langley Dr Unit 34, Novi, MI

This home is located at 50572 Langley Dr Unit 34, Novi, MI 48374 since 24 June 2021 and is currently estimated at $1,001,057, approximately $282 per square foot. This property was built in 2004. 50572 Langley Dr Unit 34 is a home located in Oakland County with nearby schools including Novi High School, Deerfield Elementary School, and Novi Middle 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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