NOT LISTED FOR SALE

50688 Billenca Dr Unit 64 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $934,000 - $1,011,000

4 Beds
4.5 Baths
3,548 Sq Ft
$277/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $770,000 $217 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,244/month

3 Days on Market

Highlights

  • Dock Facilities
  • Tennis Courts
  • Lake Privileges
  • Novi High School Rated A+
  • In Ground Pool
  • Colonial Architecture

About This Home

As of December 2021

** Highest and Best Sunday Nov 7th by 3:15 ****North facing Island Lake move in ready home just walking distance to the boathouse and pool. The 2 story 3,550 sq. ft. colonial has an open floor plan 4 bed 4.5 bath first laundry and office executive home. Large island kitchen with maple cabinets, granite counters, stainless steel appliances and hood vent and adjoining nook and sun room all with hardwood floors. Great room with vaulted ceilings, gas fireplace with stone surround. Expansive master suite with trey ceilings and sitting room, large closet and bath that features a whirlpool soaking tub and separate stall shower. 3 spacious 2nd floor bathrooms with jack n Jill bath. Finished daylight basement with theatre area with all equipment staying, possible 5th bedroom or workout room, full bath with shower and its own furnace.

Last Agent to Sell the Property

Paul Mruk

RE/MAX Classic License #6501241822 Listed on: 11/03/2021

RE/MAX Classic

Last Buyer's Agent

Paul Mruk

RE/MAX Classic License #6501241822 Listed on: 11/03/2021

RE/MAX Classic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2007

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 117x146x145x106

HOA Fees

  • $112 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,548 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Sound System
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Security System Owned

Kitchen

  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Sump Pump
  • Natural lighting in basement

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Dock Facilities
  • Boat Facilities
  • Lake Privileges
  • Tennis Courts
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2219376052

Community Details

Overview

  • Island Lake Orchards / Lora Wright Association, Phone Number (248) 372-9375
  • Island Lake Orchards Condo Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,328

Year Built

Built in 2007

Lot Details

0

HOA Fees

$112 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 69
  • Year Built: 2007
  • State Equalized Value: 326850.0000
  • 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, Central Vacuum, High Spd Internet Avail, Humidifier, Jetted Tub, Security Alarm (owned), Sound System
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 17
  • Total Bedrooms: 4
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Finished
  • Kitchen Appliances: Dishwasher, Double Oven, Dryer, Gas Cooktop, Microwave, Range Hood, Washer
  • Sq Ft Combined: 5273
  • Sq Ft Lower Floor: 1725
  • Total Sq Ft: 3548
  • Sq Ft Total Bsmt: 1825

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Island Lake
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Tennis Court, Club House, Grounds Maintenance, Lighting, Pool – Community, Pool - Inground
  • Foundation Materials: Poured
  • Frontage Feet: 117
  • Porch Type: Porch - Covered, Deck, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Waterfront Description: 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
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Phone: 2483729375
  • Association Fee: 335
  • Association Contact: Island Lake Orchards / Lora Wright
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Lot Size Area: 0.38
  • Lot Dimensions: 117x146x145x106
  • Parcel Number: 2219376052

Tax Info

  • Tax Amount Summer: 11251.0000
  • Tax Amount Winter: 4077.0000
  • Total Tax: 15328.0000
  • Taxable Value: 295540.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, Dock Facilities

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Dec 9, 2021
Sold by
Subbaraj and Nithya
Bought by
Kramer Denise and Kramer Ezra
Seller's Agent
Paul Mruk
RE/MAX Classic
Buyer's Agent
Paul Mruk
RE/MAX Classic
List Price
$750,000
Sold Price
$770,000
Premium/Discount to List
$20,000
2.67%
Current Estimated Value
$981,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,843
Avg. Annual Appreciation
6.46%

Purchase Details

Closed on
Jul 25, 2007
Sold by
Toll Mi Ii Lp
Bought by
Subbaraj Gopinath and Gopinath Nithya
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kramer Denise $770,000 Ata National Title
Subbaraj Gopinath $612,904 Multiple
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2021 12/10/21 Sold $770,000 +2.7% $217 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $750,000 0.0% $211 / Sq Ft
08/21/2017 08/21/17 Rented $3,500 0.0% --
08/14/2017 08/14/17 Under Contract -- -- --
08/08/2017 08/08/17 Off Market $3,500 -- --
07/28/2017 07/28/17 For Rent $3,500 +6.1% --
09/01/2015 09/01/15 Rented $3,300 +1.5% --
08/30/2015 08/30/15 Under Contract -- -- --
08/27/2015 08/27/15 For Rent $3,250 -- --
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 $11,787 $379,740 $0 $0
2022 $11,729 $322,020 $0 $0
2020 $11,205 $327,450 $65,000 $262,450
2015 -- $290,600 $0 $0
2014 -- $269,850 $0 $0
2011 -- $268,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210090325

Realcomp

APN: 22-19-376-052