NOT LISTED FOR SALE

50735 Chesapeake Dr Unit 177 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $1,188,000 - $1,324,000

5 Beds
4.5 Baths
4,300 Sq Ft
$287/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $950,000 $221 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,635/month

10 Days on Market

Highlights

  • Tennis Courts
  • Outdoor Pool
  • Clubhouse
  • Novi High School Rated A+
  • Colonial Architecture
  • Fireplace in Primary Bedroom

About This Home

As of October 2021

Gorgeous Chelsea Colonial a southern exposure private wooded lot in the highly desired Island Lake of Novi.Step inside to a 2 story foyer with a wood slate curved staircase & beautiful hardwood-floors throughout the main level! Large dining & piano room leading to oversized great room, fireplace & magnificent views thru 8 ft windows. Solarium with wall of windows, a huge custom kitchen features oversized island, Thermador appliance, walk in pantry, built in refrigerator and wine cabinets. A spacious office with floor-to-ceiling built-ins. 4 generous size Bedrooms upstairs include Jack and Jill, Princess Suite & huge Master Suite offers a tranquil sitting area, fireplace, large windows, his/her walk in closets with built-ins. Master bath with vaulted ceiling, double shower, jetted tub & his/her vanities. Over 6300+ SFT finished living space - 4300+ SFT main/second levels & 2000+ SFT professional finished daylight basement features large bedroom, full kitchen, full bath with steam shower

Last Agent to Sell the Property

Justin Tibble

NEXGEN Realty License #6501337919 Listed on: 08/09/2021

Last Buyer's Agent

Kathryn Strelecki

National Realty Centers, Inc License #6501237566

National Realty Centers, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2005 | Remodeled in 2015

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 109x160
  • Sprinkler System

HOA Fees

  • $84 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 4,300 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Family Room with Fireplace
  • Security System Owned

Kitchen

  • Built-In Gas Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Sump Pump
  • Natural lighting in basement

Outdoor Features

  • Outdoor Pool
  • Tennis Courts
  • Deck
  • Patio

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2219377075

Community Details

Overview

  • Island Lake Orchards Condo Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,704

Year Built

Built in 2005 | Remodeled in 2015

Lot Details

0

HOA Fees

$84 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 86.98
  • Warranty: Yes
  • Year Built: 2005
  • State Equalized Value: 375200.0000
  • Year Renovated: 2015
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Humidifier, Intercom, Jetted Tub, Security Alarm (owned), Sound System
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room, Primary Bedroom
  • Room Count: 17
  • Total Bedrooms: 5
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Finished
  • Kitchen Appliances: Built-In Electric Range, Built-In Gas Range, Dishwasher, Disposal, Dryer, ENERGY STAR® qualified refrigerator, Microwave, Washer
  • Sq Ft Combined: 6600
  • Sq Ft Lower Floor: 2300
  • Total Sq Ft: 4300
  • Sq Ft Total Bsmt: 2300

Exterior Features

  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Exterior Features: Tennis Court, Club House, Pool – Community
  • Foundation Materials: Poured
  • Frontage Feet: 109
  • Porch Type: Deck, Patio
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: 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: Monthly
  • Association Fee: 84
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s)
  • Lot Size Area: 0.40
  • Lot Dimensions: 109x160
  • Parcel Number: 2219377075

Tax Info

  • Tax Amount Summer: 11319.0000
  • Tax Amount Winter: 2385.0000
  • Total Tax: 13704.0000
  • Taxable Value: 365300.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Oct 18, 2021
Sold by
Mcnatt Mark and Hu Ruomu
Bought by
Roger And Megan Zatkaff Frt
Seller's Agent
Justin Tibble
NEXGEN Realty
Buyer's Agent
Kathryn Strelecki
National Realty Centers, Inc
List Price
$959,000
Sold Price
$950,000
Premium/Discount to List
-$9,000
-0.94%
Current Estimated Value
$1,234,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,374
Avg. Annual Appreciation
6.75%

Purchase Details

Closed on
Jan 5, 2010
Sold by
Wilson Kenneth C and Wilson Julie M
Bought by
Mcnatt Mark and Hu Ruomu

Purchase Details

Closed on
Nov 29, 2007
Sold by
Leone Jeffrey A and Leone Diane L
Bought by
Wilson Kenneth C and Wilson Julie M

Purchase Details

Closed on
Sep 23, 2005
Sold by
Toll Mi Ii Limited Partnership
Bought by
Leone Jeffrey A and Leone Diane L
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
Roger And Megan Zatkaff Frt -- Fidelity National Title
Mcnatt Mark $570,000 None Available
Wilson Kenneth C $555,000 Multiple
Leone Jeffrey A $802,423 First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2021 10/20/21 Sold $950,000 -0.9% $221 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $959,000 -- $223 / 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 $12,925 $438,140 $0 $0
2022 $13,098 $360,070 $0 $0
2020 $11,319 $375,200 $75,500 $299,700
2015 -- $363,950 $0 $0
2014 -- $338,100 $0 $0
2011 -- $315,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Justin Tibble

    Seller's Agent in 2021

    Justin Tibble

    NEXGEN Realty

    (248) 943-4801

    1 in this area

    655 Total Sales

    Justin Tibble
    Section Image
  • Kathryn Strelecki

    Buyer's Agent in 2021

    Kathryn Strelecki

    National Realty Centers, Inc

    (248) 974-5870

    1 in this area

    26 Total Sales

    Kathryn Strelecki
    Section Image
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Map

Source: Realcomp

MLS Number: 2210065161

Realcomp

APN: 22-19-377-075

Michigan Oakland County Novi 48374 Island Lake

50735 Chesapeake Dr Unit 177, Novi, MI

This home is located at 50735 Chesapeake Dr Unit 177, Novi, MI 48374 since 09 August 2021 and is currently estimated at $1,234,374, approximately $287 per square foot. This property was built in 2005. 50735 Chesapeake Dr Unit 177 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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