NOT LISTED FOR SALE

50903 Chesapeake Dr Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $924,000 - $1,187,000

4 Beds
4 Baths
4,170 Sq Ft
$251/Sq Ft Est. Value

About This Home

This home is located at 50903 Chesapeake Dr, Novi, MI 48374 and is currently estimated at $1,048,471, approximately $251 per square foot. 50903 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
Sep 12, 2024
Sold by
Sarilla Sravan K and Sarilla Sri Satya
Bought by
Sarilla Family Living Trust and Sarilla
Current Estimated Value
$1,048,471

Purchase Details

Closed on
Oct 16, 2012
Sold by
Toll Mi Ii Limited Partnership
Bought by
Sarilla Srvan and Sarilla Lakshmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,901
Interest Rate
3.51%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Sarilla Family Living Trust -- None Listed On Document
Sarilla Srvan $591,127 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sarilla Sravan $548,000
Previous Owner Sarilla Sravan $512,000
Previous Owner Sarilla Sravan K $472,901
Previous Owner Sarilla Sravan K $59,113
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 $10,739 $365,460 $0 $0
2022 $11,897 $326,680 $0 $0
2020 $9,945 $340,350 $62,250 $278,100
2015 -- $321,200 $0 $0
2014 -- $297,300 $0 $0
2011 -- $56,250 $0 $0
Source: Public Records

Map

Michigan Oakland County Novi 48374 Island Lake

50903 Chesapeake Dr, Novi, MI

This home is located at 50903 Chesapeake Dr, Novi, MI 48374 and is currently estimated at $1,048,471, approximately $251 per square foot. 50903 Chesapeake Dr is a home located in Oakland County with nearby schools including Novi High School, Deerfield Elementary School, and Novi Middle School.

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