NOT LISTED FOR SALE

50767 Drakes Bay Dr Unit 19 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $997,000 - $1,175,000

4 Beds
4 Baths
4,070 Sq Ft
$257/Sq Ft Est. Value

About This Home

This home is located at 50767 Drakes Bay Dr Unit 19, Novi, MI 48374 and is currently estimated at $1,044,903, approximately $256 per square foot. 50767 Drakes Bay Dr Unit 19 is a home located in Oakland County with nearby schools including Novi High School, Deerfield Elementary School, and Novi Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2025
Sold by
Riley Michelle A and Riley Michael
Bought by
Michelle A Riley Revocable Living Trust and Riley
Current Estimated Value
$1,044,903

Purchase Details

Closed on
Jul 12, 2011
Sold by
Swedish Joseph R and Swedish Gene N
Bought by
Riley Michael and Riley Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2005
Sold by
Toll Mi Ii Limited Partnership
Bought by
Swedish Joseph R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.96%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Michelle A Riley Revocable Living Trust -- None Listed On Document
Michelle A Riley Revocable Living Trust -- None Listed On Document
Riley Michael $610,000 Title One Inc
Swedish Joseph R $813,771 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riley Michael $200,000
Previous Owner Riley Michael $120,000
Previous Owner Riley Michael $310,000
Previous Owner Swedish Joseph R $600,000
Source: Public Records

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 $11,221 $377,780 $0 $0
2022 $12,428 $341,450 $0 $0
2020 $10,356 $370,600 $71,500 $299,100
2015 -- $351,400 $0 $0
2014 -- $334,850 $0 $0
2011 -- $288,400 $0 $0
Source: Public Records

Map

Michigan Oakland County Novi 48374 Island Lake

50767 Drakes Bay Dr Unit 19, Novi, MI

This home is located at 50767 Drakes Bay Dr Unit 19, Novi, MI 48374 and is currently estimated at $1,044,903, approximately $256 per square foot. 50767 Drakes Bay Dr Unit 19 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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