NOT LISTED FOR SALE

50805 Chesapeake Dr Unit 182 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $1,175,000 - $1,350,000

5 Beds
4.5 Baths
5,229 Sq Ft
$237/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $1,034,000 $198 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,791/month

2 Days on Market

Highlights

  • Outdoor Pool
  • Colonial Architecture
  • Jetted Tub in Primary Bathroom
  • Novi High School Rated A+
  • Clubhouse
  • Double Self-Cleaning Convection Oven

About This Home

As of September 2022

SPECTACULAR ESTATE IN HIGHLY DESIRABLE ISLAND LAKE! FANTASTIC LOCATION IN SUB ON PREMIUM WOODED CUL-DE-SAC LOT. STUNNING CURB APPEAL W/ 2 GORGEOUS WATERFALLS/PONDS, NEW PROFESSIONAL LANDSCAPING INCL EXTENSIVE BRICK PAVER WALKWAYS, MANICURED SHRUBS & PERENNIALS. THIS 5 BED, 4.5 BATH PROPERTY BOASTS ALMOST
5300 SQ FT W/AN ADDIT 2800 SQ FT IN THE EXTRA DEEP WALK-UP, LL PLUMBED FOR BATH JUST WAITING FOR YOUR FINISHES. 2 STORY FOYER W/CURVED STAIRCASE WELCOMES YOU INTO THE OPEN FLR PLAN W/ 9 FT CEILINGS & HRDWD FLRS THROUGHOUT MOST OF 1ST FLR. CUSTOM UPGRADES & ARCHITECTURAL DETAILS LIKE CROWN MOLDING & WAINSCOTING ABOUND IN THIS IMMACULATELY MAINTAINED HOME. UPGRADED CARPET & RECESSED LIGHTING. WHOLE HOUSE BUILT-IN STEREO SPEAKERS W/UPGRADED WIRING. 1ST FLR LIBRARY PERFECT FOR WORK FROM HOME OFFICE. LRG FORMAL LIVING & DINING RMS. SPACIOUS CONSERVATORY W/TONS OF WINDOWS OVERLOOKING WOODS. BEAUTIFUL GOURMET KIT FEATURES GRANITE COUNTERS, UPGRADED CHERRY CABS, GE PROFILE SS APPS INCL GE MONOGRAM STOVE W/GRILL, NEWER FRIDGE & BRAND-NEW DISHWASHER, CENTER ISLAND W/ BEVELED EDGE GRANITE, PREP SINK & SEATING, WALK-IN PANTRY W/UPGRADED WOOD SHELVING. ENJOY THE WOODED VIEWS FROM THE SUN FILLED SOLARIUM W/SKYLIGHTS. GR W/SOARING CEILING HAS GAS FP W/STONE SURROUND. HUGE MASTER SUITE OFFERS TRAY CEILING, SEPARATE SITTING AREA & DUAL WICS W/BUILT-IN ORGANIZERS. LRG EN SUITE BATH W/JETTED TUB, SEPARATE SHOWER, HEATED FLR, RE-CIRCULATING HOT WATER & DUAL VANITIES W/GRANITE. 4 ADDIT BEDS UPSTAIRS (2 PRINCESS SUITES & JACK AND JILL). 1ST FLR LAUNDRY RM W/NEWER WASHER/DRYER. NEW CARPET IN GR, DUAL STAIRCASES & UPSTAIRS BRIDGE. 20 KW WHOLE HOUSE GENERAC GENERATOR WARRANTIED THROUGH 2024. NEWER 75 GALLON HWH & SMOKE & CARBON MONOXIDE DETECTORS. DUAL ZONED FURNACES/AC UNITS CONTROLLED BY SMART HOME APP. ADT SECURITY CAMERAS. BACK UP SUMP PUMP. ENJOY THE PRIVATE WOODED BACKYARD FROM THE EXPANSIVE BRICK PAVER PATIO! RESORT LIVING W/CLUBHOUSE, POOL, FITNESS RM, TENNIS, WALKING/BIKING TRLS & 170 ACRE LAKE W/PRIVATE BEACH.

Last Agent to Sell the Property

Jamey Kramer

RE/MAX Classic License #6501261596 Listed on: 08/12/2022

RE/MAX Classic

Last Buyer's Agent

Mark Kent

Berkshire Hathaway HomeServices Kee Realty Bham License #6501313896

Berkshire Hathaway HomeServices Kee Realty Bham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2006

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 94x165x192x160
  • Sprinkler System

HOA Fees

  • $117 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 5,229 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Gas Fireplace
  • Great Room with Fireplace
  • Security System Owned

Kitchen

  • Double Self-Cleaning Convection Oven
  • Built-In Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Up Access
  • Sump Pump

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Whole House Permanent Generator
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Standby Generator
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2219377080
  • $5,500 Seller Concession

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

$14,339

Year Built

Built in 2006

Lot Details

0

HOA Fees

$117 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 138.00
  • Year Built: 2006
  • State Equalized Value: 407100.0000
  • Accessibility Features: Standby Generator
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Jetted Tub, Security Alarm (owned), Sound System
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 21
  • Total Bedrooms: 5
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Walk-Up Access
  • Kitchen Appliances: Built-In Electric Oven, Convection Oven, Dishwasher, Disposal, Double Oven, Dryer, Free-Standing Refrigerator, Gas Cooktop, Microwave, Self Cleaning Oven, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 5229
  • Total Sq Ft: 5229
  • Sq Ft Total Bsmt: 2809

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Club House, Whole House Generator, Lighting, Pool – Community
  • Foundation Materials: Poured
  • Frontage Feet: 94
  • Porch Type: Patio
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

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

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Phone: (734) 285-4442
  • Association Fee: 350
  • Association Contact: KS Management
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s)
  • Lot Size Area: 0.49
  • Lot Dimensions: 94X165X192X160
  • Parcel Number: 2219377080

Tax Info

  • Tax Amount Summer: 12314.0000
  • Tax Amount Winter: 2025.0000
  • Total Tax: 14339.0000
  • Taxable Value: 402510.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Sep 30, 2022
Sold by
Simmons Ruben and Simmons Darcy
Bought by
Lavergne Theogne and Lavergne Anna
Seller's Agent
Jamey Kramer
RE/MAX Classic
Buyer's Agent
Mark Kent
Berkshire Hathaway HomeServices Kee Realty Bham
List Price
$1,100,000
Sold Price
$1,034,000
Premium/Discount to List
-$66,000
-6%
Current Estimated Value
$1,237,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,898
Avg. Annual Appreciation
6.04%
Original Mortgage
$927,796
Outstanding Balance
$879,304
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$358,594

Purchase Details

Closed on
May 30, 2006
Sold by
Toll Mi Ii Lp
Bought by
Simmons Jr Ruben and Simmons Darey
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
Lavergne Theogne $1,034,000 Title One
Simmons Jr Ruben $940,938 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavergne Theogne $927,796
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold $1,034,000 -6.0% $198 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
08/12/2022 08/12/22 For Sale $1,100,000 -- $210 / 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 $14,184 $453,800 $0 $0
2022 $14,484 $398,570 $0 $0
2020 $12,293 $416,550 $65,500 $351,050
2015 -- $398,250 $0 $0
2014 -- $368,150 $0 $0
2011 -- $341,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jamey Kramer

    Seller's Agent in 2022

    Jamey Kramer

    RE/MAX of Southeast Michigan

    (248) 348-7200

    27 in this area

    247 Total Sales

    Jamey Kramer
    Section Image
  • Mark Kent

    Buyer's Agent in 2022

    Mark Kent

    Berkshire Hathaway HomeServices Kee Realty Bham

    (248) 877-5708

    1 in this area

    115 Total Sales

    Mark Kent
    Section Image
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Map

Source: Realcomp

MLS Number: 20221027130

Realcomp

APN: 22-19-377-080

Michigan Oakland County Novi 48374 Island Lake

50805 Chesapeake Dr Unit 182, Novi, MI

This home is located at 50805 Chesapeake Dr Unit 182, Novi, MI 48374 since 12 August 2022 and is currently estimated at $1,237,898, approximately $236 per square foot. This property was built in 2006. 50805 Chesapeake Dr Unit 182 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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