NOT LISTED FOR SALE

50734 Chesapeake Dr Unit 222 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $1,057,345 - $1,151,000

4 Beds
4.5 Baths
4,277 Sq Ft
$261/Sq Ft Est. Value

Highlights

  • Colonial Architecture
  • Fireplace in Primary Bedroom
  • Forced Air Heating System
  • Novi High School Rated A+
  • 3 Car Direct Access Garage
  • Walk-Up Access

About This Home

As of August 2024

Beautiful House in Novi's Exclusive Island Lake w/clubhouse, pool, tennis courts, beach & boat facilities. Two story foyer and two story great room Spacious kitchen w/ oversized island, cherry cabinets, granite, breakfast area and a spacious pantry. Enormous Master bedroom with a sitting area, dual walk-ins & glamour bath. Extensive hardwood floors, dual staircases, library w/ built-ins. Additional 3 bedrooms upstairs along with the master bedroom. One guest suite with an attached bathroom included. This house has a finished walk up basement with a bar and home theatre room to enjoy your movie nights. This basement has a bedroom with a full bath. When you step out to the backyard you have a beautiful brick patio to entertain your friends and relatives. This is a fully furnished house. There is an option to lease with or without Furnitures. Please call to get more details. All showings must be accompanied by a licensed Real Estate Agent. Application should include ID, 3 recent paystubs, Credit report and two references. Payments include application fees $100, Cleaning fees $400, Security deposit $7800- and first-month's rent.

Last Agent to Rent the Property

Sunil Paingol

The Paingol Group Realtors Inc License #6501410296 Listed on: 07/08/2024

Last Renter's Agent

Victoria Calver

Max Broock, REALTORS®-Birmingham License #421669

Max Broock, REALTORS®-Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,678

Year Built

  • Built in 2006

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 148x140

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 4,277 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Family Room with Fireplace
  • Finished Basement
  • Walk-Up Access

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

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

Listing and Financial Details

  • Security Deposit $7,800
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 100.00
  • Assessor Parcel Number 2219377120

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,678

Year Built

Built in 2006

Lot Details

0

HOA Fees

$125 per month

Rental Info

  • Application Fee: 100.00
  • Lease Type: Single Family House
  • Rent Includes: Association Fee
  • Security Deposit: 7800.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2006
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Furnished - Negotiable
  • Fireplace: Yes
  • Fireplace Locations: Family Room, Primary Bedroom
  • Room Count: 16
  • Total Bedrooms: 4
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walk-Up Access
  • Sq Ft Combined: 6477
  • Sq Ft Lower Floor: 2200
  • Total Sq Ft: 4277
  • Sq Ft Total Bsmt: 2200

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Foundation Materials: Poured
  • Frontage Feet: 80
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Phone: 248-374-9375
  • Association Fee: 375
  • Association Fee: Yes

Fee Information

  • Additional Fee: 400.00

Schools

  • School District: Novi

Lot Info

  • Lot Size Area: 0.41
  • Lot Dimensions: 148x140
  • Parcel Number: 2219377120

Multi Family

  • Length of Lease: 12 Months, 13-24 Months, 25-36 Months

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2024
Closed on
Aug 28, 2024
Sold by
Alagerswamy Manivannan and Manivannan Kavitha
Bought by
Alagerswamy Manivannan and Manivannan Kavitha
Seller's Agent
Sunil Paingol
The Paingol Group Realtors Inc
Buyer's Agent
Victoria Calver
Max Broock, REALTORS®-Birmingham
Sold Price
$5,500
Views
111
Current Estimated Value
$1,117,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,112,086

Purchase Details

Closed on
Nov 10, 2006
Sold by
Toll Mi H Lp
Bought by
Alagerswamy Manivannan and Manivannan Kavitha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,900
Interest Rate
6.41%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
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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
Alagerswamy Manivannan -- Land Title
Alagerswamy Manivannan $672,696 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alagerswamy Manivannan $100,900
Previous Owner Alagerswamy Manivannan $538,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2024 08/12/24 Rented $5,500 +5.8% --
08/10/2024 08/10/24 Under Contract -- -- --
07/08/2024 07/08/24 For Rent $5,200 -- --
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 $11,678 $381,650 $0 $0
2022 $12,678 $341,390 $0 $0
2020 $10,030 $356,100 $65,500 $290,600
2015 -- $339,600 $0 $0
2014 -- $314,800 $0 $0
2011 -- $278,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sunil Paingol

    Landlord's Agent in 2024

    Sunil Paingol

    The Paingol Group Realtors Inc

    (734) 674-1927

    149 Total Sales

    Sunil Paingol
    Section Image

  • V

    Tenant's Agent in 2024

    Victoria Calver

    Max Broock, REALTORS®-Birmingham

    (248) 514-7011

    3 Total Sales

    Victoria Calver
    Section Image
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Map

Source: Realcomp

MLS Number: 20240048278

Realcomp

APN: 22-19-377-120

Michigan Oakland County Novi 48374 Island Lake

50734 Chesapeake Dr Unit 222, Novi, MI

This home is located at 50734 Chesapeake Dr Unit 222, Novi, MI 48374 since 08 July 2024 and is currently priced at $1,117,586. This property was built in 2006. 50734 Chesapeake Dr Unit 222 is a home located in Oakland County with nearby schools including Novi High School, Deerfield Elementary School, and Novi Middle School.

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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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