NOT LISTED FOR SALE

51248 E Bourne Terrace Unit 264 Novi, MI 48374

Estimated Value: $526,000 - $539,000

3 Beds
3.5 Baths
2,234 Sq Ft
$238/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $480,000 $215 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,515/month

4 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • South Lyon East High School Rated A-
  • 2 Car Attached Garage

About This Home

As of October 2023

Welcome to your new beautiful home in Novi’s highly desired Knightsbridge Gate neighborhood. This popular community is minutes away from all the modern amenities, close to schools, freeways and includes a neighborhood pool. This home boasts a beautiful open floor plan flowing from foyer, to dining room, and into a vast vaulted ceiling living room. The open kitchen has been updated with newer quartz countertops, gorgeous center island and backsplash . The first floor also has a flex room that is currently being used as an office. Upstairs are three sizable bedrooms and two full baths. The primary includes a large walk-in closet and en suite with soaker tub. The finished basement has so much to offer. A large flex space room with big bright egress windows, currently being used as a gym, this space can be converted back to another bedroom. An additional media area, living space, full bath plus an additional room with closet completes this amazing space. Don’t miss your chance to make this beautiful home your own! Book your showing today! Multiple open houses Friday 15th 4-6, Saturday 16th and Sunday 17th 12-2. EXCLUSIONS: Garage racks and hanging system on the wall, scout security door and window sensors, basement TV mount.

Last Agent to Sell the Property

Bethany Reyes

KW Domain License #6501396840 Listed on: 09/15/2023

KW Domain

Co-Listed By

Kate DeCavitte

Max Broock, REALTORS-Royal Oak License #6501437887

Last Buyer's Agent

Tim Hillmer

Century 21 Curran & Oberski License #RCO-6501385487

Century 21 Curran & Oberski

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2008

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x111

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 2,234 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • In Ground Pool
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2218101264
  • $1,500 Seller Concession

Community Details

Overview

  • Https://Www.Landarc.Com/ Association
  • Knightsbridge Gate Condo Occpn 1797 Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,666

Year Built

Built in 2008

Lot Details

0

HOA Fees

$70 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 206.00
  • Year Built: 2008
  • State Equalized Value: 191460.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 15
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 3034
  • Sq Ft Lower Floor: 800
  • Total Sq Ft: 2234
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exclusions: Yes
  • Exterior Features: Pool – Community, Pool - Inground
  • Foundation Materials: Poured
  • Frontage Feet: 50
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Grounds
  • Association Fee Frequency: Quarterly
  • Phone: https://www.landarc.com/
  • Association Fee: 210
  • Association Contact: https://www.landarc.com/
  • Association Fee: Yes

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.12
  • Lot Dimensions: 50x111
  • Parcel Number: 2218101264

Tax Info

  • Tax Amount Summer: 5242.0000
  • Tax Amount Winter: 424.0000
  • Total Tax: 5666.0000
  • Taxable Value: 160850.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2013
Closed on
Jul 15, 2013
Sold by
Citi Investments Llc
Bought by
Opong Owusu Jr Banma K and Opong Owusu Michelle G
Seller's Agent
Lynn Kassotis
Luke Investments R E
Buyer's Agent
Julie Troher
Remerica United Realty
List Price
$299,900
Sold Price
$265,000
Premium/Discount to List
-$34,900
-11.64%
Current Estimated Value
$531,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,551
Avg. Annual Appreciation
5.82%

Purchase Details

Listed on
May 8, 2013
Closed on
May 7, 2013
Sold by
Martin Willie J and Martin Rosalind D
Bought by
Citi Investments Llc
Seller's Agent
Lynn Kassotis
Luke Investments R E
Buyer's Agent
Julie Troher
Remerica United Realty
List Price
$299,900
Sold Price
$265,000
Premium/Discount to List
-$34,900
-11.64%

Purchase Details

Closed on
Oct 7, 2008
Sold by
Hunter Pasteur Homes Knightsbridge Llc
Bought by
Martin Willie J and Martin Rosalind D

Purchase Details

Closed on
Feb 15, 2006
Sold by
Grand/Sakwa/Jacobson Novi Llc
Bought by
Hunter Pasteur Homes Knightsbridge Llc
Source: Public Records

Range of Values:

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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
Opong Owusu Jr Banma K $265,000 Continental Title Agency
Citi Investments Llc $189,688 None Available
Martin Willie J $85,000 None Available
Hunter Pasteur Homes Knightsbridge Llc -- Greco
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2023 10/18/23 Sold $480,000 0.0% $215 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $480,000 +81.1% $215 / Sq Ft
06/28/2013 06/28/13 Sold $265,000 -11.6% $119 / Sq Ft View Prior Sale
06/19/2013 06/19/13 Pending -- -- --
05/08/2013 05/08/13 For Sale $299,900 -- $134 / 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 $7,526 $207,260 $0 $0
2022 $5,666 $191,460 $0 $0
2020 $4,400 $169,350 $34,500 $134,850
2015 -- $132,950 $0 $0
2014 -- $120,650 $0 $0
2011 -- $124,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230074210

Realcomp

APN: 22-18-101-264