Sold
25678 Island Lake Drive, Novi, MI 48374
Sold on 09/30/2011 for$430,000
MLS # 3007306 (Michigan Regional Information Center (MichRIC))
4 beds4 baths4,580 sqftBuilt 20040 acres
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Listing Description
Lakefront Living With All Your Amenities. This Home Is The Perfectfind! An Open Floor Plan With Light Filled Living Spaces. Professionally Decorated, Crownmolding & Woodwork, Gleaming Hardwood Floorsthru Out The First Floor. Great Room & Open Kitchen W/ Slate Tile,Granite Ctops, Viewing Out To The Lake. A Master Ste Retreat W/ Lake Views On The 2nd Floor Along With 2 More Good Size Bedrooms. 3rdlevel Loft/Office/Flex Space Is Equiped For A 4th Bedroom., Primary Bath, Rec Room: Finished
Source: SparkMLS
About this home
4-bedroom, 4-bath, 4,580 sq ft home in Island Lake North Bay in Novi built in 2004.
Closed at $430,000 (about $94/sq ft).
Annual property taxes run approximately $9,167 ($764/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Tour
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms4
Bathrooms4
Living Area4,580 sqft
Year Built2004
Stories2
Location
CityNovi
MunicipalityNovi City
Zip Code48374
CountyOakland
School DistrictNovi Community School District
Construction & Systems
ConstructionBrick, Stone, Wood Siding
BasementFull, Walk-Out Access
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesStorm Sewer
InteriorCeiling Fan(s), Eat-in Kitchen
Sale & Financing
Listed8/2/2010
Sold Date9/29/2011
Terms AcceptedCash
HOA
HOA Fee$350 / Quarterly
Source: SparkMLS
Tax Information
Annual Tax$6,855
Tax Year10
State Equalized Value$332,650
Taxable Value$332,650
Assessed Value$185,250
Parcel #2219101059
Source: Public Records
Legal Description
Island Lake Unit 59 N.B
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Elizabeth A Rauser
Keller Williams Dexter
Frequently Asked Questions about 25678 Island Lake Drive, Novi, MI 48374
Which school district serves 25678 Island Lake Drive, Novi, MI 48374?
Per MLS# 3007306, 25678 Island Lake Drive, Novi, MI 48374 is in the Novi Community School District boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Novi Community School District directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 3007306, this listing accepts Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 25678 Island Lake Drive, Novi, MI 48374?
Per public tax records, annual property taxes for this property are $6,855 (10). 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 25678 Island Lake Drive, Novi, MI 48374 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.
Is 25678 Island Lake Drive, Novi, MI 48374 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What utilities serve 25678 Island Lake Drive, Novi, MI 48374?
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.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Oakland County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$9,167
Monthly$764
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$4,117
Principal & interest$3,237
Property taxes$764
HOA$117
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
25678 Island Lake Drive, Novi, MI 48374
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Neighborhood
Island Lake North Bay
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Community
Novi
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County
Oakland County
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