NOT LISTED FOR SALE

50977 Drakes Bay Dr Unit 26 Novi, MI 48374

Island Lake Neighborhood

Estimated Value: $973,000 - $1,127,000

4 Beds
4 Baths
3,775 Sq Ft
$278/Sq Ft Est. Value

About This Home

This home is located at 50977 Drakes Bay Dr Unit 26, Novi, MI 48374 and is currently estimated at $1,047,971, approximately $277 per square foot. 50977 Drakes Bay Dr Unit 26 is a home located in Oakland County with nearby schools including Deerfield Elementary School, Novi Middle School, and Novi High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2005
Sold by
Toll Mi Ii Lp
Bought by
Wang Jerry Z and Dong Xiaolan
Current Estimated Value
$1,050,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.78%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Wang Jerry Z $705,220 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Jerry Z $150,000
Closed Wang Jerry Z $355,000
Previous Owner Wang Jerry Z $350,000
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 $11,371 $383,100 $0 $0
2022 $10,341 $346,040 $0 $0
2020 $10,411 $375,300 $71,500 $303,800
2015 -- $353,500 $0 $0
2014 -- $336,800 $0 $0
2011 -- $268,050 $0 $0
Source: Public Records

Map

Michigan Oakland County Novi 48374 Island Lake

50977 Drakes Bay Dr Unit 26, Novi, MI

This home is located at 50977 Drakes Bay Dr Unit 26, Novi, MI 48374 and is currently estimated at $1,047,971, approximately $277 per square foot. 50977 Drakes Bay Dr Unit 26 is a home located in Oakland County with nearby schools including Deerfield Elementary School, Novi Middle School, and Novi High School.

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