NOT LISTED FOR SALE

50738 Calvert Isle Dr Unit 125 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $959,713 - $1,021,000

4 Beds
3.5 Baths
3,658 Sq Ft
$269/Sq Ft Est. Value

Last Sold August 16, 2015

Last sale price $665,000 $182 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,332/month

Highlights

  • Tennis Courts
  • In Ground Pool
  • Clubhouse
  • Novi High School Rated A+
  • Colonial Architecture
  • Ground Level Unit

About This Home

As of August 2023

This is an almost new, executive style home in the Island Lakes community that is available on July 1st for a long term lease.They will leave all mounted televisions as well as some of the furniture This home is deep within the subdivision, has the "sunroom" addition, a beautiful paver patio and walkways, a wonderfully landscaped lot, and a master suite to die for. The appliances are all high end and stay with the home. The subdivision has all of the wonderful Island Lake amenities that include the beach, pool, tennis court, club house, exercise room, and more. These are all an easy walk from the home. the association fee is included in the rent.

Last Agent to Rent the Property

James Wolfe

Century 21 Curran & Oberski License #6501204079 Listed on: 06/19/2023

Century 21 Curran & Oberski

Last Renter's Agent

Birgit Maun

Keller Williams Advantage License #6501380305

Keller Williams Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,592

Year Built

  • Built in 2010

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 145 x 90
  • Property fronts a private road

Home Design

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

Interior Spaces

  • 3,658 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Finished Basement

Kitchen

  • Built-In Electric Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Tennis Courts
  • Patio
  • Exterior Lighting
  • Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Security Deposit $6,750
  • 24 Month Lease Term
  • Assessor Parcel Number 2219377023

Community Details

Overview

  • No Home Owners Association
  • Island Lake Orchards Condo Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,592

Year Built

Built in 2010

Lot Details

0

Rental Info

  • Lease Type: Single Family House
  • Rent Includes: Association Fee
  • Security Deposit: 6750.00
  • Tenant Amenities: Fitness Center

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2010
  • Entry Location: Ground Level
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 15
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Built-In Electric Oven, Dishwasher, Disposal, Dryer, Exhaust Fan, Free-Standing Refrigerator, Gas Cooktop, Ice Maker, Microwave, Washer
  • Sq Ft Combined: 5558
  • Sq Ft Lower Floor: 1900
  • Total Sq Ft: 3658
  • Sq Ft Total Bsmt: 1956

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Tennis Court, Club House, Lighting, Pool – Community, Pool - Inground
  • Foundation Materials: Poured
  • Frontage Feet: 145
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved, Private

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Direct Access, Electricity, Door Opener, 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)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Novi

Lot Info

  • Lot Size Area: 0.29
  • Lot Dimensions: 145 x 90
  • Parcel Number: 2219377023

Multi Family

  • Length of Lease: 13-24 Months, 25-36 Months, 37-48 Months

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2015
Closed on
Aug 12, 2015
Sold by
Singh Manoj K and Singh Kiran
Bought by
Monteforte Edson and Massardi Renata
Seller's Agent
Justin Tibble
NEXGEN Realty
Buyer's Agent
James Wolfe
Century 21 Curran & Oberski
List Price
$649,990
Sold Price
$665,000
Premium/Discount to List
$15,010
2.31%
Current Estimated Value
$983,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,571
Avg. Annual Appreciation
3.93%
Original Mortgage
$532,000
Outstanding Balance
$418,415
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$565,156

Purchase Details

Closed on
Feb 17, 2011
Sold by
Toll Mi Ii Limited Partnership
Bought by
Singh Manoj K and Singh Kiran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,044
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Monteforte Edson $665,000 Bankers Title Settlement Svc
Singh Manoj K $495,056 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monteforte Edson $532,000
Previous Owner Singh Manoj K $396,044
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2023 08/01/23 Rented $4,800 +6.7% --
06/26/2023 06/26/23 Under Contract -- -- --
06/19/2023 06/19/23 For Rent $4,500 +32.4% --
09/25/2019 09/25/19 Rented $3,400 -10.5% --
09/10/2019 09/10/19 Under Contract -- -- --
07/03/2019 07/03/19 For Rent $3,800 +8.6% --
12/27/2018 12/27/18 Rented $3,500 0.0% --
12/14/2018 12/14/18 Under Contract -- -- --
12/05/2018 12/05/18 For Rent $3,500 0.0% --
08/16/2015 08/16/15 Sold $665,000 +2.3% $182 / Sq Ft View Prior Sale
07/08/2015 07/08/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $649,990 -- $178 / 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 $13,592 $342,310 $0 $0
2022 $16,918 $322,050 $0 $0
2020 $12,431 $323,600 $56,000 $267,600
2015 -- $291,150 $0 $0
2014 -- $270,050 $0 $0
2011 -- $57,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wolfe

    Landlord's Agent in 2023

    James Wolfe

    Century 21 Curran & Oberski

    (248) 705-0508

    2 in this area

    263 Total Sales

    James Wolfe
    Section Image

  • B

    Tenant's Agent in 2023

    Birgit Maun

    Keller Williams Advantage

    (248) 380-8800

    101 Total Sales

    Birgit Maun
    Section Image
  • Lisa Prochazka

    Buyer's Agent in 2019

    Lisa Prochazka

    Real Estate One

    (248) 755-2574

    117 Total Sales

    Lisa Prochazka
    Section Image

  • J

    Buyer's Agent in 2018

    James Smith

    Max Broock, REALTORS®-Birmingham

    (248) 644-6700

    32 Total Sales

    James Smith
    Section Image
  • Justin Tibble

    Seller's Agent in 2015

    Justin Tibble

    NEXGEN Realty

    (248) 943-4801

    1 in this area

    655 Total Sales

    Justin Tibble
    Section Image
  • Bonnie Showerman

    Buyer Co-Listing Agent in 2015

    Bonnie Showerman

    National Realty Centers, Inc

    (248) 767-5917

    79 Total Sales

    Bonnie Showerman
    Section Image
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Map

Source: Realcomp

MLS Number: 20230047185

Realcomp

APN: 22-19-377-023

Michigan Oakland County Novi 48374 Island Lake

50738 Calvert Isle Dr Unit 125, Novi, MI

This home is located at 50738 Calvert Isle Dr Unit 125, Novi, MI 48374 since 19 June 2023 and is currently priced at $983,571. This property was built in 2010. 50738 Calvert Isle Dr Unit 125 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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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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