Sold
25976 ISLAND LAKE Drive, Novi, MI
Sold on 12/14/2023 for$650,000
MLS # 20230079335 (Realcomp)
3 beds4 baths3,476 sqftBuilt 2003
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Listing Description
STUNNING WATERFRONT CONDO IN ISLAND LAKE W/TONS OF UPDATES! LAKEFRONT LIVING W/DOCK & BOAT SLIP. THIS GORGEOUS PROPERTY HAS HARDWOOD FLOORS ON ALL OF MAIN LEVEL & IS LOADED W/CUSTOM FINISHES. HUNTER DOUGLAS WINDOW TREATMENTS, WHOLE HOUSE LED RECESSED LIGHTING & CUSTOM CLOSET SYSTEMS THROUGHOUT. FORMAL DINING RM HAS TRAY CEILING. FORMAL LIVING RM FEATURES A LARGE WALL OF WINDOWS OVERLOOKING THE LAKE. FAMILY RM W/GAS FIREPLACE W/STONE SURROUND & DOOR WALL TO DECK. UPDATED KITCHEN W/CHERRY CABINETS, GRANITE COUNTERS, SS APPLIANCES INCL GAS COOK TOP & BREAKFAST BAR. UPSTAIRS YOU’LL FIND THE SPACIOUS MASTER SUITE W/VAULTED CEILING, WIC W/CUSTOM BUILT-INS & REMODELED LUXURIOUS EN SUITE BATH THAT BOASTS QUARTZ COUNTERS, HEATED FLOOR & SHOWER W/EURO GLASS DOOR. 2 ADDITIONAL BEDROOMS UPSTAIRS W/UPDATED FULL BATH. 1ST FLOOR LAUNDRY. FINISHED WALKOUT LOWER LEVEL IS AN ENTERTAINER’S DREAM W/NEWER KITCHEN, GAS FIREPLACE, LARGE REC AREA & FULL BATH. LOWER LEVEL ALSO HAS TOOL ROOM & PLENTY OF STORAGE SPACE. 2 CAR ATTACHED GARAGE HAS 240 VOLT PLUG FOR AN ELECTRIC VEHICLE, CABINETS & CEILING RACKS. NEW FURNACE & A/C (2019) & TANKLESS HWH. ENJOY THE BEAUTIFUL LAKE VIEWS FROM THE EXPANSIVE PAVER PATIO OR THE DECK! GREAT SOCIALLY ACTIVE COMMUNITY. TAKE ADVANTAGE OF RESORT LIVING W/CLUBHOUSE, LARGE IN GROUND COMMUNITY POOL, FITNESS RM, TENNIS CRTS, PICKLEBALL CRTS, EXCELLENT WALKING/BIKING TRAILS & 170 ACRE LAKE W/PRIVATE BEACH! AWARD WINNING NOVI SCHOOLS. GREAT LOCATION CLOSE TO FREEWAYS, RESTAURANTS & SHOPPING.
Source: SparkMLS
About this home
3-bedroom, 4-bath, 3,476 sq ft home in Island Lake North Bay in Novi built in 2003.
This home sold for $650,000 (about $187/sq ft).
Estimated annual property tax: $9,096, or about $758 monthly. 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.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms3
Bathrooms4
Living Area3,476 sqft
Year Built2003
Stories2
Location
CityNovi
MunicipalityNovi City
CountyOakland
School DistrictNovi
Construction & Systems
ConstructionStone, Other
Garage2 spaces
HeatingForced Air
WaterPublic
InteriorBasement Finished, Humidifier, Wet Bar
Sale & Financing
Listed9/18/2023
Sold Date12/13/2023
Original Price$725,000
Terms AcceptedCash, Conventional
HOA
HOA Fee$549 / Monthly
Source: SparkMLS
Tax Information
Annual Tax$14,533
State Equalized Value$330,080
Taxable Value$330,080
Parcel #2219101014
Source: Public Records
Legal Description
T1N, R8E, SEC 18 & 19 OAKLAND COUNTY CONDOMINIUM PLAN NO 1413 ISLAND LAKE NORTH BAY UNIT 14 L 24741 P 326 2-11-02 FR 100-002
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jamey Kramer
RE/MAX Classic
Frequently Asked Questions about 25976 ISLAND LAKE Drive, Novi, MI
What school district is 25976 ISLAND LAKE Drive, Novi, MI in?
Per MLS# 20230079335, this property is served by Novi. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 25976 ISLAND LAKE Drive, Novi, MI?
Per MLS# 20230079335, 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# 20230079335, the most recent reported annual property tax for 25976 ISLAND LAKE Drive, Novi, MI is $14,533. 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 25976 ISLAND LAKE Drive, Novi, MI eligible for USDA financing?
Per USDA Rural Development boundary data, 25976 ISLAND LAKE Drive, Novi, MI 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, 25976 ISLAND LAKE Drive, Novi, MI 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. 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$9,096
Monthly$758
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$5,847
Principal & interest$4,540
Property taxes$758
HOA$549
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
25976 ISLAND LAKE Drive, Novi, MI
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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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