NOT LISTED FOR SALE

50875 Chesapeake Dr Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $1,031,000 - $1,206,000

4 Beds
4 Baths
3,690 Sq Ft
$310/Sq Ft Est. Value

About This Home

This home is located at 50875 Chesapeake Dr, Novi, MI 48374 and is currently estimated at $1,144,991, approximately $310 per square foot. 50875 Chesapeake Dr 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 19, 2012
Sold by
Toll Mi Ii Limited Partnership
Bought by
Schallmo Nicholas and Schallmo Sara
Current Estimated Value
$1,144,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,224
Interest Rate
3.83%
Mortgage Type
New Conventional
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Schallmo Nicholas $624,720 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schallmo Nicholas A $584,000
Closed Schallmo Nicholas $47,900
Closed Schallmo Nicholas $28,300
Previous Owner Schallmo Nicholas A $562,224
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 $12,828 $438,110 $0 $0
2022 $14,199 $390,660 $0 $0
2020 $10,501 $361,300 $62,250 $299,050
2015 -- $339,750 $0 $0
2014 -- $314,200 $0 $0
2011 -- $56,250 $0 $0
Source: Public Records

Map

Michigan Oakland County Novi 48374 Island Lake

50875 Chesapeake Dr, Novi, MI

This home is located at 50875 Chesapeake Dr, Novi, MI 48374 and is currently estimated at $1,144,991, approximately $310 per square foot. 50875 Chesapeake Dr 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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