NOT LISTED FOR SALE

50710 Drakes Bay Dr Unit 10 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $1,702,000 - $2,100,000

4 Beds
3 Baths
4,979 Sq Ft
$393/Sq Ft Est. Value

About This Home

This home is located at 50710 Drakes Bay Dr Unit 10, Novi, MI 48374 and is currently estimated at $1,957,819, approximately $393 per square foot. 50710 Drakes Bay Dr Unit 10 is a home located in Oakland County with nearby schools including Novi High School, Deerfield Elementary School, and Novi Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2019
Sold by
Asheim John P and Asheim Julia
Bought by
Asheim John Patrick and Asheim Julia Elaine
Current Estimated Value
$1,957,819

Purchase Details

Closed on
May 18, 2006
Sold by
Toll Mi Ii Ltd Partnership
Bought by
Asheim John P and Asheim Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$360,662
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$1,462,245
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Asheim John Patrick -- None Available
Asheim John P $1,244,975 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asheim John P $600,000
Closed Asheim John P $244,975
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 $18,272 $809,890 $0 $0
2022 $20,200 $754,700 $0 $0
2020 $16,449 $698,000 $166,000 $532,000
2015 -- $753,550 $0 $0
2014 -- $707,350 $0 $0
2011 -- $453,300 $0 $0
Source: Public Records

Map

Michigan Oakland County Novi 48374 Island Lake

50710 Drakes Bay Dr Unit 10, Novi, MI

This home is located at 50710 Drakes Bay Dr Unit 10, Novi, MI 48374 and is currently estimated at $1,957,819, approximately $393 per square foot. 50710 Drakes Bay Dr Unit 10 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.

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