Seller's Agent in 2022
Micki Sanders
National Realty Centers, Inc
(313) 350-7035
1 in this area
10 Total Sales
51014 Drakes Bay Dr Unit 2 Novi, MI 48374
Island Lake NeighborhoodEstimated Value: $1,104,000 - $2,113,000
5
Beds
5.5
Baths
5,308
Sq Ft
$338/Sq Ft
Est. Value
Highlights
- Private Waterfront
- Dock Facilities
- Outdoor Pool
- Novi High School Rated A+
- Tennis Courts
- 1.13 Acre Lot
About This Home
As of November 2022Elegant all-brick lakefront colonial in prestigious Island Lake Community. Greet your guests in the grand foyer with marble flooring and stylish curved staircase. Then make yourself comfortable in the great room with fireplace or head to the four-season sunroom filled with natural light where you can step out onto one of the decks and enjoy the beauty of the lake. The great room is open to a large breakfast nook with bay windows and a doorwall accessing the larger deck, perfect for the master griller with plenty of room for family and friends to enjoy the breathtaking view. The kitchen has boundless cabinet and counter space as well as a huge island. Induction cooktop, built-in oven and microwave give the chef all that is needed to show off their culinary gifts. The bedroom on the main level has direct access to the deck and is just across the hall from the accessible full bath. Upstairs you will relax and enjoy your spacious master en-suite with large windows, quiet sitting room with fireplace and a luxurious master bath with jetted tub and separate shower - all with unencumbered views of the lake. Three other bedrooms complete the second level, each with their own private bath. The basement is plumbed for a full bath and awaits your finishing touch with lots of large windows and two doorwalls leading to separate patios. You're just around the corner from the boat launch and have a private dock in your own backyard. Professional landscaping adds class and appeal to this stunning home. Nature lovers can enjoy serene walks on trails through surrounding woods. For the golf aficionado Links of Novi is a mile away and Walnut Creek Country Club is a two mile drive or a walk through the community. Your association dues include access to the swimming pool, tennis courts, clubhouse with fitness center, boat launch, two beaches and much more.
Come and see - there’s no better place to call home!
Last Agent to Sell the Property
National Realty Centers, Inc License #6501369405 Listed on: 07/14/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 2006
Lot Details
- 1.13 Acre Lot
- Lot Dimensions are 129x325x150x338
- Private Waterfront
- 150 Feet of Waterfront
- Lake Front
- Property fronts an easement
- Sprinkler System
HOA Fees
- $98 Monthly HOA Fees
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Poured Concrete
- Asphalt Roof
- Chimney Cap
Interior Spaces
- 5,308 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Furnished or left unfurnished upon request
- Sound System
- Ceiling Fan
- Gas Fireplace
- Great Room with Fireplace
- Security System Owned
- Unfinished Basement
Kitchen
- Built-In Electric Oven
- Self-Cleaning Oven
- Induction Cooktop
- Range Hood
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- Jetted Tub in Primary Bathroom
Laundry
- Dryer
- Washer
Parking
- 4 Car Attached Garage
- Garage Door Opener
Outdoor Features
- Outdoor Pool
- Dock Facilities
- Boat Facilities
- Lake Privileges
- Tennis Courts
- Deck
- Covered Patio or Porch
- Exterior Lighting
Utilities
- Forced Air Zoned Heating and Cooling System
- Vented Exhaust Fan
- Heating System Uses Natural Gas
- Programmable Thermostat
- Natural Gas Water Heater
Additional Features
- Accessible Full Bathroom
- Ground Level
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 2219176002
Community Details
Overview
- American Association Management Association, Phone Number (734) 585-5174
- Island Lake Shores South Occpn 1553 Subdivision
- Swim Association
Amenities
- Clubhouse
- Laundry Facilities
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2022
Closed on
Nov 8, 2022
Sold by
Cai Tieyi
Bought by
Patel Harshad and Patel Shveta
Seller's Agent
Micki Sanders
National Realty Centers, Inc
Buyer's Agent
Dennis Weese
National Realty Centers, Inc
List Price
$1,950,000
Sold Price
$1,600,000
Premium/Discount to List
-$350,000
-17.95%
Views
101
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,111
Avg. Annual Appreciation
3.91%
Purchase Details
Closed on
Nov 14, 2018
Sold by
Kcw Consulting Llc
Bought by
Cai Ticyi
Purchase Details
Listed on
May 16, 2018
Closed on
Jul 25, 2018
Sold by
Keough William M and Keough Regina A
Bought by
Kcw Consulting Llc
Seller's Agent
Dee Wright
The Agency Hall & Hunter
Buyer's Agent
Lori Dubach
Remerica United Realty
List Price
$1,700,000
Sold Price
$1,700,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.73%
Purchase Details
Closed on
Jun 28, 2007
Sold by
Toll Mi Ii Lp
Bought by
Keough William M and Keough Regina A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patel Harshad | $1,600,000 | Liberty Title | |
| Patel Harshad | $1,600,000 | Liberty Title | |
| Cai Ticyi | -- | None Available | |
| Kcw Consulting Llc | $1,700,000 | Devon Title Agency | |
| Keough William M | $1,377,566 | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/08/2022 11/08/22 | Sold | $1,600,000 | -14.7% | $301 / Sq Ft | |
| 11/02/2022 11/02/22 | Pending | -- | -- | -- | |
| 08/14/2022 08/14/22 | Price Changed | $1,875,000 | -3.8% | $353 / Sq Ft | |
| 07/14/2022 07/14/22 | For Sale | $1,950,000 | +14.7% | $367 / Sq Ft | |
| 08/01/2018 08/01/18 | Sold | $1,700,000 | 0.0% | $320 / Sq Ft | View Prior Sale |
| 06/28/2018 06/28/18 | Pending | -- | -- | -- | |
| 05/16/2018 05/16/18 | For Sale | $1,700,000 | -- | $320 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $24,841 | $894,630 | $0 | $0 |
| 2022 | $35,544 | $832,670 | $0 | $0 |
| 2020 | $29,460 | $770,000 | $166,000 | $604,000 |
| 2015 | -- | $839,000 | $0 | $0 |
| 2014 | -- | $786,550 | $0 | $0 |
| 2011 | -- | $508,450 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Micki Sanders
-
Dennis Weese
Buyer's Agent in 2022
Dennis Weese
National Realty Centers, Inc
(734) 635-1601
1 in this area
50 Total Sales
-
Dee Wright
Seller's Agent in 2018
Dee Wright
The Agency Hall & Hunter
(248) 330-8667
18 Total Sales
-
Lori Dubach
Buyer's Agent in 2018
Lori Dubach
Remerica United Realty
(248) 320-2727
3 in this area
27 Total Sales
Map
Source: Realcomp
MLS Number: 20221012911
APN: 22-19-176-002
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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