NOT LISTED FOR SALE

50917 Chesapeake Dr Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $1,059,000 - $1,121,000

4 Beds
3.5 Baths
3,520 Sq Ft
$312/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $800,000 $227 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,885/month

Highlights

  • Tennis Courts
  • Outdoor Pool
  • Ranch Style House
  • Novi High School Rated A+
  • Clubhouse
  • Jetted Tub in Primary Bathroom

About This Home

As of June 2021

THE ONLY RANCH IN ISLAND LAKE! SPECTACULAR ONE OF A KIND PROPERTY W/TONS OF UPGRADES & CUSTOM FINISHES. OPEN FLR PLAN W/10 FT CEILINGS & HRDWD FLRS. PROFESSIONAL PAINT SELECTION. HUNTER DOUGLAS POWER BLINDS. CUSTOM FRONT ENTRY DOOR. 1ST FLR LIBRARY W/FRENCH DRS & BUILT-IN SHELVING. STUNNING AIRY KIT W/GRANITE COUNTERS, SS APPS, TILE BACKSPLASH, RECESSED LIGHTING, BREAKFAST BAR & CENTER ISLAND. CUSTOM PANTRY. SUN RM OFF OF BREAKFAST NOOK W/TONS OF NATURAL LIGHT. KIT OPEN TO GREAT RM W/TRAY CEILING, GAS FP & LARGE WINDOWS. SPACIOUS MASTER SUITE IS YOUR OWN PRIVATE RETREAT W/TRAY CEILING, SITTING AREA, CUSTOM WIC & LUXURIOUS SPA-LIKE EN SUITE BATH W/DUAL GRANITE VANITIES, JETTED TUB, SEPARATE SHOWER & HEATED FLRS! PRINCESS & JACK & JILL SUITES. LOWER LEVEL WALK UP IS JUST WAITING FOR YOUR FINISHING TOUCHES. OUTDOOR SURVEILLANCE CAMERAS. PRIVATE BACKYARD WITH OVERSIZED 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: 05/07/2021

RE/MAX Classic

Last Buyer's Agent

David James

Century 21 Curran & Oberski License #6501406381

Century 21 Curran & Oberski

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2013

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 93x179x118x142
  • Sprinkler System

HOA Fees

  • $112 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 3,520 Sq Ft Home
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Security System Owned

Kitchen

  • Built-In Electric Oven
  • Free-Standing Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 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
  • Tennis Courts
  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Standby Generator
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2219377088

Community Details

Overview

  • Ks Management/Lora Wright Association, Phone Number (734) 285-4442
  • Island Lake Orchards Condo Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,005

Year Built

Built in 2013

Lot Details

0

HOA Fees

$112 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 86.98
  • Year Built: 2013
  • State Equalized Value: 320250.0000
  • 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: 1

Interior Features

  • Interior Amenities: Humidifier, High Spd Internet Avail, Jetted Tub, Security Alarm (owned), Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Walk-Up Access
  • Kitchen Appliances: Built-In Electric Oven, Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Range Hood, Stainless Steel Appliance(s), Washer, Wine Refrigerator, Bar Fridge
  • Total Sq Ft: 3520

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Tennis Court, Club House, Lighting, Satellite Dish, Pool – Community
  • Foundation Materials: Poured
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Attached
  • 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: Annually
  • Phone: 7342854442
  • Association Fee: 1340
  • Association Contact: KS Management/Lora Wright
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s)
  • Lot Size Area: 0.38
  • Lot Dimensions: 93X179X118X142
  • Parcel Number: 2219377088

Tax Info

  • Tax Amount Summer: 9908.0000
  • Tax Amount Winter: 2097.0000
  • Total Tax: 12005.0000
  • Taxable Value: 319400.0000

MLS Schools

  • School District: Novi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2025
Sold by
Fahs Abass and Fahs Allison
Bought by
Fahs Abass and Fahs Allison
Current Estimated Value
$1,096,774

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 17, 2021
Sold by
Harrington Chad W and Harrington Sherri H
Bought by
Fahs Abass and Fahs Allison
Seller's Agent
Jamey Kramer
RE/MAX Classic
Buyer's Agent
David James
Century 21 Curran & Oberski
List Price
$800,000
Sold Price
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$548,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2016
Closed on
Jun 23, 2016
Sold by
Krishnasamy Krishna and Ellapan Maheswari
Bought by
Harrington Chad W and Harrington Sherri H
Seller's Agent
Roger Murray
National Realty Centers, Inc
Buyer's Agent
Tim Przysiecki
Lady of the Lakes Real Estate, Inc.
List Price
$629,000
Sold Price
$620,000
Premium/Discount to List
-$9,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.24%

Purchase Details

Listed on
Jun 4, 2014
Closed on
Sep 8, 2014
Sold by
Mims Steve Allen and Mims Pamela Yvette
Bought by
Krishnasamy Krishna and Ellappan Maheswari
Seller's Agent
Roger Murray
National Realty Centers, Inc
Buyer's Agent
Roger Murray
RE/MAX Classic
List Price
$675,000
Sold Price
$580,000
Premium/Discount to List
-$95,000
-14.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.80%
Original Mortgage
$415,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2013
Sold by
Toll Mi Ii Limited Partnership
Bought by
Mims Steve Allen and Mims Pamela Yvette
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fahs Abass -- None Listed On Document
Fahs Abass $800,000 Title One Inc
Harrington Chad W $620,000 Liberty Title
Krishnasamy Krishna $580,000 Stewart Title Agency
Mims Steve Allen $518,465 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fahs Abass $548,250
Previous Owner Krishnasamy Krishna $415,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2021 06/17/21 Sold $800,000 0.0% $227 / Sq Ft
05/08/2021 05/08/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $800,000 +29.0% $227 / Sq Ft
06/23/2016 06/23/16 Sold $620,000 -1.4% $176 / Sq Ft View Prior Sale
04/19/2016 04/19/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $629,000 +8.4% $179 / Sq Ft
09/08/2014 09/08/14 Sold $580,000 -14.1% $165 / Sq Ft View Prior Sale
07/31/2014 07/31/14 Pending -- -- --
06/04/2014 06/04/14 For Sale $675,000 -- $192 / 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 $12,053 $412,420 $0 $0
2022 $12,147 $333,640 $0 $0
2020 $9,908 $320,250 $62,250 $258,000
2015 -- $288,050 $0 $0
2014 -- $259,250 $0 $0
2011 -- $56,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jamey Kramer

    Seller's Agent in 2021

    Jamey Kramer

    RE/MAX of Southeast Michigan

    (248) 348-7200

    27 in this area

    244 Total Sales

    Jamey Kramer
    Section Image
  • David James

    Buyer's Agent in 2021

    David James

    Century 21 Curran & Oberski

    (248) 916-3668

    1 in this area

    28 Total Sales

    David James
    Section Image
  • Roger Murray

    Seller's Agent in 2016

    Roger Murray

    National Realty Centers, Inc

    (248) 982-7166

    5 in this area

    68 Total Sales

    Roger Murray
    Section Image
  • Tim Przysiecki

    Buyer's Agent in 2016

    Tim Przysiecki

    Lady of the Lakes Real Estate, Inc.

    (734) 216-5949

    113 Total Sales

    Tim Przysiecki
    Section Image
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Map

Source: Realcomp

MLS Number: 2210028640

Realcomp

APN: 22-19-377-088

Michigan Oakland County Novi 48374 Island Lake

50917 Chesapeake Dr, Novi, MI

Not Listed for Sale

Detached

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