Sold
1155 71 S Lake Drive 71, Novi, MI 48377
Sold on 12/19/2024 for$190,000
MLS # 24015405 (Michigan Regional Information Center (MichRIC))
2 beds2 baths1,010 sqftBuilt 19991 acres
1 / 11
Listing Description
Welcome to this highly desirable, Second Floor Unit in South Pointe Condos. 50+ Community - This (2) Bedroom - (2) Bath Condo has - 300 Ft Lake Frontage on Walled Lake - Partial Lake views from Private Balcony - Private Storage Area - Covered Carport - Workout Room - Common Area Meeting Rooms - 2 Gazebos - Outdoor Grills - Kayak Rack - New Furnace & Central Air - New Hot Water Tank - Truly a rare find!!! NO Pets - Affordable lake living at it's best!!!
Source: SparkMLS
About this home
Located in Southe Pointe Condo in Novi, this property offers 2-bedroom, 2-bath, 1,010 sq ft, with original construction dating to 1999.
This home sold for $190,000 (about $188/sq ft).
Property tax estimate: $2,539 per year ($212/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Fiber internet is available at this address with download speeds up to 1,000 Mbps across 8 providers. Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms2
Living Area1,010 sqft
Lot Size1 acres
Year Built1999
Stories1
Location
CityNovi
MunicipalityNovi City
Zip Code48377
CountyOakland
School DistrictWalled Lake Consolidated Schools
Construction & Systems
StyleRanch
ConstructionVinyl Siding
BasementSlab
HeatingForced Air
WaterPublic
SewerPublic
InteriorElevator
Sale & Financing
Listed4/1/2024
Sold Date12/18/2024
Original Price$199,900
Terms AcceptedCash, Conventional
HOA
HOA Fee$369 / Monthly
IncludesWater, Trash, Snow Removal, Lawn/Yard Care
Source: SparkMLS
Tax Information
Annual Tax$1,162
Tax Year2022
State Equalized Value$92,150
Taxable Value$92,150
Assessed Value$34,560
Parcel #2203383071
Source: Public Records
Legal Description
T1N, R8E, SEC 3 OAKLAND COUNTY CONDOMINIUM PLAN NO 687 SOUTH POINTE CONDOMINIUM UNIT 71, BLDG B L 11495 P 288 8-6-90 FR 378-005
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Kathryn Wurn
Remerica Preferred
Frequently Asked Questions about 1155 71 S Lake Drive 71, Novi, MI 48377
What school district is 1155 71 S Lake Drive 71, Novi, MI 48377 in?
Per MLS# 24015405, this property is served by Walled Lake Consolidated Schools. 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# 24015405, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 24015405, the most recent reported annual property tax for 1155 71 S Lake Drive 71, Novi, MI 48377 is $1,162 (2022). 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 1155 71 S Lake Drive 71, Novi, MI 48377 eligible for USDA financing?
Per USDA Rural Development boundary data, 1155 71 S Lake Drive 71, Novi, MI 48377 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 1155 71 S Lake Drive 71, Novi, MI 48377 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Is fiber internet available at 1155 71 S Lake Drive 71, Novi, MI 48377?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 1.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. 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.
Map
Tax Estimate
$
Annual tax$2,539
Monthly$212
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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%
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Monthly payment$1,845
Principal & interest$1,264
Property taxes$212
HOA$369
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
1 Gbps
Upload
1 Gbps
FiberCableGSO SatelliteDSLSatelliteLicensed Fixed Wireless
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1155 71 S Lake Drive 71, Novi, MI 48377
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Neighborhood
Southe Pointe Condo
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Community
Novi
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County
Oakland County
View county overview →
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