$1,300,000
SOLD JUL 26, 2024

50757 Calvert Isle Dr Novi, MI 48374

Island Lake Neighborhood
5 Beds
6 Baths
4,042 Sq Ft
0.3 Acres

Recently Sold

$322 Per Sq Ft

8% Above List Price

1 Day on Market

Highlights

  • Beach Access
  • Tennis Courts
  • Lake Privileges
  • Deerfield Elementary School Rated A+
  • In Ground Pool
  • Colonial Architecture

About This Home

As of July 2024

Welcome to this stunning north-facing, recently constructed home designed for entertaining! The open floor plan showcases a gourmet island kitchen with granite countertops, stylish backsplash, stainless steel appliances, and a gas stove with hood vent. Throughout most of the first floor, you'll find wide plank hardwood flooring adding a touch of elegance. Step into the large sunroom offering views of the multiple tiered brick paver gathering areas and a barbecue enthusiast's paradise, surrounded by trees for privacy.

The great room features a striking gas fireplace with a stone surround and mantle, while the main floor also includes a formal dining room, living room, study and music room. The oversized mudroom boasts individual cubbies and ample storage space for organization. Upstairs, you'll discover 4 bedrooms and 3 baths, including a princess suite. Additionally, there is a convenient downstairs bedroom with a private bath.

The beautifully finished basement is a true highlight, featuring an expansive kitchen with plenty of storage, stunning stone walls with carved-out spaces for personal touches, a granite island with eating space, a designated media area, a hidden Murphy door, and a wine storage area perfect for hosting gatherings. The custom gym offers a poured rubber floor for your workouts.

The master bedroom is a retreat with a California closet, trey ceiling, sitting area, and laundry space. This home also offers a generator hookup for added peace of mind. Outside, the landscaped yard boasts a magical garden with stunning flowers surrounding the house, creating a picturesque setting.

Don't miss this opportunity to live in Island Lake, where you'll have access to pools, miles of walking trails, and the lake.

Last Agent to Sell the Property

Paul Mruk

RE/MAX Classic License #6501241822 Listed on: 06/20/2024

RE/MAX Classic

Last Buyer's Agent

Pamela Bartush

License #6501287027

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2014

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 145x90

HOA Fees

  • $130 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,042 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Security System Leased
  • Finished Basement

Kitchen

  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Lake Privileges
  • Tennis Courts
  • Deck
  • Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 502219377020

Community Details

Overview

  • Ks Management Association, Phone Number (734) 285-4442
  • Island Lake Orchards Condo Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,680

Year Built

Built in 2014

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2014
  • State Equalized Value: 493440.0000
  • Year Renovated: 2014
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarm, High Spd Internet Avail, Programmable Thermostat, Security Alarm (rented)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Room Count: 18
  • Total Bedrooms: 5
  • Total Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Wine Cooler, Dishwasher, Disposal, Dryer, Exhaust Fan, Free-Standing Refrigerator, Gas Cooktop, Microwave, Stainless Steel Appliance(s), Washer, Bar Fridge
  • Sq Ft Combined: 6142
  • Sq Ft Lower Floor: 2100
  • Total Sq Ft: 4042
  • Sq Ft Total Bsmt: 2275

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Island Lake
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Stone, Vinyl
  • Exterior Features: Tennis Court, Club House, Pool – Community, Pool - Inground
  • Foundation Materials: Poured
  • Frontage Feet: 145
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Waterfront Description: Beach Access, Lake Privileges

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: 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

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee Frequency: Quarterly
  • Phone: (734) 285-4442
  • Association Fee: 390
  • Association Contact: KS Management
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Lot Size Area: 0.30
  • Lot Dimensions: 145X90
  • Parcel Number: 502219377020

Rental Info

  • Tenant Amenities: Fitness Center

Tax Info

  • Tax Amount Summer: 12061.0000
  • Tax Amount Winter: 2619.0000
  • Total Tax: 14680.0000
  • Taxable Value: 445420.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Jul 26, 2024
Sold by
Adams Todd A
Bought by
Bruerton Christopher and Bruerton Denise May
Seller's Agent
Paul Mruk
RE/MAX Classic
Buyer's Agent
Pamela Bartush
List Price
$1,200,000
Sold Price
$1,300,000
Premium/Discount to List
$100,000
8.33%
Total Days on Market
1
Views
41
Current Estimated Value
$1,269,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,641
Avg. Annual Appreciation
-2.77%
Original Mortgage
$630,000
Outstanding Balance
$625,676
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$643,683

Purchase Details

Closed on
Sep 21, 2015
Sold by
Adams Tracy L
Bought by
Adams Todd A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 27, 2014
Sold by
Toll Mi Ii Limited Partnership
Bought by
Adams Todd A and Adams Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,949
Interest Rate
4.11%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,300,000 Ata National Title
Interfamily Deed Transfer -- None Available
Warranty Deed $693,687 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $630,000 New Conventional
Previous Owner $501,000 New Conventional
Previous Owner $510,400 New Conventional
Previous Owner $562,000 Adjustable Rate Mortgage/ARM
Previous Owner $554,949 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $1,300,000 +8.3% $322 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $1,200,000 -- $297 / 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 $13,264 $430,780 $0 $0
2022 $14,680 $404,010 $0 $0
2020 $10,758 $362,500 $56,000 $306,500
2015 -- $321,900 $0 $0
2014 -- $55,000 $0 $0
2011 -- $57,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240042390

Realcomp

APN: 22-19-377-020