NOT LISTED FOR SALE

50840 Chesapeake Dr Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $1,094,000 - $1,157,000

4 Beds
5 Baths
4,020 Sq Ft
$282/Sq Ft Est. Value

Last Sold December 10, 2019

Last sale price $755,551 $188 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,315/month

4 Days on Market

Highlights

  • Tennis Courts
  • Outdoor Pool
  • Colonial Architecture
  • Deerfield Elementary School Rated A+
  • Lake Privileges
  • Clubhouse

About This Home

As of December 2019

A DREAM COME TRUE!!! Beautiful, perfectly manicured landscaping and tremendous curb appeal welcome you to this Duke Carolina, which is highlighted by quoined corners, decorative window trim, multiple turned gables, a huge covered porch with terra bronze roof, and endless builder upgrades with no money spared! It is truly BETTER THAN NEW! The owners chose the Duke for the bright, airy, open floor plan, which now flows into the FABULOUS finished lower level boasting a HUGE recreation room, fitness room, and versatile craft or playroom. They will take memories to last a lifetime of this perfect home for daily living, as well as entertaining large groups for dinner parties, watching sporting events, outdoor barbeques with smores on the patio, walking on the nature trails and around the lake, relaxing in the clubhouse or on the beach, swimming in the pool, and kayaking! The perfect place for "staycations," yet close proximity to endless shopping and dining options, as well as freeways!

Last Agent to Sell the Property

Connie Isbell

Remerica United Realty License #6501181561 Listed on: 11/08/2019

Remerica United Realty

Co-Listed By

Phillip Isbell

Remerica United Realty License #6501390249

Last Buyer's Agent

Joel Parrott

Expert Realty Solutions Inc License #6502391119

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2012

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 131.18x165.12x130.49x170.06
  • Sprinkler System

HOA Fees

  • $125 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,020 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace

Kitchen

  • Gas Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Up Access
  • Sump Pump
  • Fireplace in Basement

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Lake Privileges
  • Tennis Courts
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2219377098

Community Details

Overview

  • Amp Association, Phone Number (248) 374-9375
  • Island Lake Orchards Condo Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,476

Year Built

Built in 2012

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2012
  • State Equalized Value: 387850.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement, Great Room
  • Room Count: 19
  • Total Bedrooms: 4
  • Total Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Walk-Up Access
  • Kitchen Appliances: Gas Cooktop, Disposal, Dryer, Microwave, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 6020
  • Sq Ft Lower Floor: 2000
  • Total Sq Ft: 4020
  • Sq Ft Total Bsmt: 2260

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Island Lake
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exclusions: Yes
  • Exterior Features: Club House, Lighting, Pool – Community, Tennis Court
  • Foundation Materials: Poured
  • Frontage Feet: 131
  • Porch Type: Patio, Porch - Covered
  • Road Frontage Type: Paved
  • Sideof Street: E
  • Waterfront Description: Lake Privileges, Lake/River Priv

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity, Side Entrance
  • 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: No

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Phone: 248-374-9375
  • Association Fee: 375
  • Association Contact: AMP
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1973684.2105
  • Lot Features: Sprinkler(s)
  • Lot Size Area: 0.38
  • Lot Dimensions: 131.18X165.12X130.49X170.06
  • Parcel Number: 2219377098

Tax Info

  • Tax Amount Summer: 11331.7200
  • Tax Amount Winter: 2144.1900
  • Total Tax: 13475.9100
  • Taxable Value: 365140.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
Dec 10, 2019
Sold by
Whelan Daniel and Whelan Deborah
Bought by
Pathak Sapna and Pathak Chintan
Seller's Agent
Connie Isbell
Remerica United Realty
Buyer's Agent
Joel Parrott
Expert Realty Solutions Inc
List Price
$750,000
Sold Price
$755,551
Premium/Discount to List
$5,551
0.74%
Current Estimated Value
$1,133,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,826
Avg. Annual Appreciation
6.92%
Original Mortgage
$604,440
Outstanding Balance
$538,596
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$569,312

Purchase Details

Closed on
Apr 27, 2012
Sold by
Toll Mi Ii Limited Partnership
Bought by
Whelan Daniel and Whelan Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
2.62%
Mortgage Type
New Conventional
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
Pathak Sapna $755,551 Embassy Title Agency Inc
Whelan Daniel $650,860 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pathak Sapna $604,440
Previous Owner Whelan $380,300
Previous Owner Whelan Daniel $100,000
Previous Owner Whelan Daniel P $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2019 12/10/19 Sold $755,551 +0.7% $188 / Sq Ft
11/12/2019 11/12/19 Pending -- -- --
11/08/2019 11/08/19 For Sale $750,000 -- $187 / 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 $12,168 $415,040 $0 $0
2022 $13,473 $370,470 $0 $0
2020 $11,953 $385,900 $65,500 $320,400
2015 -- $337,000 $0 $0
2014 -- $312,250 $0 $0
2011 -- $62,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Connie Isbell

    Remerica United Realty

    (248) 344-1800

    50 Total Sales

    Connie Isbell
    Section Image

  • P

    Seller Co-Listing Agent in 2019

    Phillip Isbell

    Remerica United Realty

    Section Image
  • Joel Parrott

    Buyer's Agent in 2019

    Joel Parrott

    Expert Realty Solutions Inc

    (248) 247-1168

    172 Total Sales

    Joel Parrott
    Section Image
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Map

Source: Realcomp

MLS Number: 219114288

Realcomp

APN: 22-19-377-098

Michigan Oakland County Novi 48374 Island Lake

50840 Chesapeake Dr, Novi, MI

This home is located at 50840 Chesapeake Dr, Novi, MI 48374 since 08 November 2019 and is currently estimated at $1,133,377, approximately $281 per square foot. This property was built in 2012. 50840 Chesapeake Dr is a home located in Oakland County with nearby schools including Deerfield Elementary School, Novi Middle School, and Novi High 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
Copyright 2025 Realcomp II Ltd. Shareholders
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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