Sold
1127 S LAKE Drive, Novi, MI 48377
Sold on 01/09/2020 for$116,000
MLS # 219106636 (Realcomp)
1 bed1 bath700 sqftBuilt 19910 acres
1 / 25
Listing Description
50 yrs and older age requirement Active condo associationIn last 2 years: New furnace/ACNew Carpeting. New kitchen/foyer flooring. Water filtration at kitchen sink.New front load washer and dryer. New lighting and ceiling fansPainted throughout. Move in ready. Non smoker
Source: SparkMLS
About this home
This 1-bedroom, 1-bath, 700 sq ft home built in 1991 sits in Novi.
This home sold for $116,000 (about $166/sq ft).
Property tax estimate: $1,880 per year ($157/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms1
Bathrooms1
Living Area700 sqft
Year Built1991
Stories2
Location
CityNovi
MunicipalityNovi City
Zip Code48377
CountyOakland
School DistrictWalled Lake
Construction & Systems
ConstructionVinyl Siding
BasementSlab
HeatingForced Air
WaterPublic
InteriorElevator, Other
Sale & Financing
Listed10/15/2019
Sold Date1/8/2020
Terms AcceptedCash
HOA
HOA Fee$174 / Monthly
Source: SparkMLS
Tax Information
Annual Tax$1,289
State Equalized Value$68,240
Taxable Value$62,500
Parcel #2203383030
Source: Public Records
Legal Description
T1N, R8E, SEC 3 OAKLAND COUNTY CONDOMINIUM PLAN NO 687 SOUTH POINTE CONDOMINIUM UNIT 30, BLDG A L 11495 P 288 8-6-90 FR
Property Records
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Scott W Fader
Mitten Realty Group LLC
Frequently Asked Questions about 1127 S LAKE Drive, Novi, MI 48377
What school district is 1127 S LAKE Drive, Novi, MI 48377 in?
Per MLS# 219106636, this property is served by Walled Lake. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 219106636, the seller has indicated this property accepts the following financing types: Cash. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 219106636, the most recent reported annual property tax for 1127 S LAKE Drive, Novi, MI 48377 is $1,289. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 1127 S LAKE Drive, Novi, MI 48377 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Tax Estimate
$
Annual tax$1,880
Monthly$157
Millage rate27.5569 mills
Municipality: CITY OF NOVI
School district: NORTHVILLE PUBLIC SCHOOLS
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$1,083
Principal & interest$752
Property taxes$157
HOA$174
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Property
1127 S LAKE Drive, Novi, MI 48377
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County
Oakland County
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