NOT LISTED FOR SALE

50722 Chesapeake Dr Unit 223 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $1,064,250 - $1,128,000

4 Beds
4.5 Baths
3,966 Sq Ft
$275/Sq Ft Est. Value

Last Sold June 02, 2021

Last sale price $801,000 $202 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,895/month

1 Day on Market

Highlights

  • Dock Facilities
  • Lake Privileges
  • Clubhouse
  • Novi High School Rated A+
  • Colonial Architecture
  • Jetted Tub in Primary Bathroom

About This Home

As of June 2021

Stunning 4000 sq ft colonial walking distance to everything Island Lake has to offer! Step inside to the 2 story foyer that leads to the large dining room and cozy great room with inviting fireplace. Beautiful kitchen features oversized island, stainless steel appliances, cherry cabinets with an attached breakfast nook. First floor laundry room and office make this first floor very spacious. Upstairs features 4 bedrooms and 4 bathrooms. The master bedroom has a relaxing sitting area with a fireplace, two walk in closets and his and her vanities. Professionally finished basement has impressive bar, slate flooring, potential 5th bedroom and a full bathroom. This house is perfect for entertaining and the location is close to all Island Lake amenities.

Last Agent to Sell the Property

Adam Oberski

Century 21 Curran & Oberski License #6502400651 Listed on: 04/16/2021

Century 21 Curran & Oberski

Last Buyer's Agent

Kimberly Cryderman

RE/MAX Classic License #6501326263

RE/MAX Classic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2006

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 104 x145 x 104 x 145

HOA Fees

  • $112 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,966 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Finished Basement
  • Sump Pump
  • Washer

Kitchen

  • Convection Oven
  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Dock Facilities
  • Lake Privileges
  • Patio
  • Exterior Lighting
  • Porch

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2219377121

Community Details

Overview

  • Island Lake Orchards Association, Phone Number (248) 374-9375
  • Island Lake Orchards Condo Subdivision
  • Swim Association

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,785

Year Built

Built in 2006

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: 2006
  • State Equalized Value: 353900.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Humidifier, Jetted Tub, Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 16
  • Total Bedrooms: 4
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Convection Oven, Dishwasher, Disposal, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 5766
  • Sq Ft Lower Floor: 1800
  • Total Sq Ft: 3966
  • Sq Ft Total Bsmt: 2000

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: ISLAND LAKE
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Club House, Lighting, Satellite Dish
  • Foundation Materials: Poured
  • Frontage Feet: 104
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Waterfront Description: Lake Privileges

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Door Opener, Side Entrance, Attached
  • 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
  • Phone: 2483749375
  • Association Fee: 335
  • Association Contact: ISLAND LAKE ORCHARDS
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.34
  • Lot Dimensions: 104 X145 X 104 X 145
  • Parcel Number: 2219377121

Tax Info

  • Tax Amount Summer: 10556.0000
  • Tax Amount Winter: 2229.0000
  • Total Tax: 12785.0000
  • Taxable Value: 340480.0000

Multi Family

  • Waterfront Features: Dock Facilities, Swim Association

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jun 2, 2021
Sold by
Whalen Lisa
Bought by
Luna Jonathan and Hix Christina
Seller's Agent
Adam Oberski
Century 21 Curran & Oberski
Buyer's Agent
Kimberly Cryderman
RE/MAX Classic
List Price
$750,000
Sold Price
$801,000
Premium/Discount to List
$51,000
6.8%
Current Estimated Value
$1,090,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,563
Avg. Annual Appreciation
7.27%

Purchase Details

Closed on
Oct 15, 2020
Sold by
Whalen Sean
Bought by
Whalen Lisa

Purchase Details

Closed on
Oct 1, 2008
Sold by
Thompson Booker T and Thompson Etrulia
Bought by
Whalen Lisa and Whalen Sean

Purchase Details

Closed on
Aug 15, 2006
Sold by
Toll Mi Ii Lp
Bought by
Thompson Booker T
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
Luna Jonathan $801,000 Michigan Title Ins Agcy Inc
Whalen Lisa -- None Available
Whalen Lisa $562,000 None Available
Thompson Booker T -- Multiple
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2021 06/02/21 Sold $801,000 +6.8% $202 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $750,000 -- $189 / 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 $12,213 $379,530 $0 $0
2022 $12,360 $339,560 $0 $0
2020 $10,556 $353,900 $65,500 $288,400
2015 -- $340,300 $0 $0
2014 -- $315,400 $0 $0
2011 -- $293,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Oberski

    Seller's Agent in 2021

    Adam Oberski

    Century 21 Curran & Oberski

    (734) 777-0113

    3 in this area

    46 Total Sales

    Adam Oberski
    Section Image
  • Kimberly Cryderman

    Buyer's Agent in 2021

    Kimberly Cryderman

    RE/MAX of Southeast Michigan

    (248) 802-8424

    1 in this area

    107 Total Sales

    Kimberly Cryderman
    Section Image
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Map

Source: Realcomp

MLS Number: 2210025047

Realcomp

APN: 22-19-377-121

Michigan Oakland County Novi 48374 Island Lake

50722 Chesapeake Dr Unit 223, Novi, MI

This home is located at 50722 Chesapeake Dr Unit 223, Novi, MI 48374 since 16 April 2021 and is currently estimated at $1,090,563, approximately $274 per square foot. This property was built in 2006. 50722 Chesapeake Dr Unit 223 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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