Sold
26416 FIELDSTONE Drive, Novi, MI
Sold on 11/13/2023 for$507,000
MLS # 20230091388 (Realcomp)
3 beds4 baths3,331 sqftBuilt 2001
1 / 45
Listing Description
Live in NOVI's most desirable subdivision ISLAND LAKE! Luxury condo w/great location in the subdivision backing to the woods & super private backyard, Quick acces to beautiful walking trails. Nice hardwood flooring in all the first floor. Professionally finished basement (2022) adds a full bathroom, bonus room, office space and a 2nd family room, walk-up basement so truly added livable space. 2nd floor laundry and HUGE primary bedroom with reading nook. Enjoy the club house, pool, tenis courts and lake privileges while at the same time being close to all the ammenities that the city of Novi has to offer.
Source: SparkMLS
About this home
Located in Island Lake Arbors in Novi, this property offers 3-bedroom, 4-bath, 3,331 sq ft, with original construction dating to 2001.
Closed at $507,000 (about $152/sq ft).
Property tax estimate: $7,093 per year ($591/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.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms3
Bathrooms4
Living Area3,331 sqft
Year Built2001
Stories2
Location
CityNovi
MunicipalityNovi City
CountyOakland
School DistrictNovi
Construction & Systems
ConstructionBrick, Stone, Vinyl Siding
Garage2 spaces
HeatingForced Air
WaterPublic
InteriorBasement Finished
Sale & Financing
Listed10/26/2023
Sold Date11/12/2023
Terms AcceptedCash, Conventional
HOA
HOA Fee$550 / Monthly
IncludesLawn/Yard Care, Snow Removal
Source: SparkMLS
Tax Information
Annual Tax$7,329
State Equalized Value$257,380
Taxable Value$243,930
Parcel #2218401010
Source: Public Records
Legal Description
T1N, R8E, SEC 18 OAKLAND COUNTY CONDOMINIUM PLAN NO 1358 ISLAND LAKE ARBORS UNIT 10 L 23171 P 779 7-9-01 FR 400-004
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Maria E Garcia Murguia
Real Estate One-Troy
Frequently Asked Questions about 26416 FIELDSTONE Drive, Novi, MI
What school district is 26416 FIELDSTONE Drive, Novi, MI in?
Per MLS# 20230091388, 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 26416 FIELDSTONE Drive, Novi, MI?
Per MLS# 20230091388, 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# 20230091388, the most recent reported annual property tax for 26416 FIELDSTONE Drive, Novi, MI is $7,329. 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 26416 FIELDSTONE Drive, Novi, MI eligible for USDA financing?
Per USDA Rural Development boundary data, 26416 FIELDSTONE 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, 26416 FIELDSTONE 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$7,093
Monthly$591
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
$
%
$
$
$
Monthly payment$4,384
Principal & interest$3,243
Property taxes$591
HOA$550
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
26416 FIELDSTONE Drive, Novi, MI
View full property history →
Neighborhood
Island Lake Arbors
View all listings →
Community
Novi
Explore neighborhoods →
County
Oakland County
View county overview →
Get email alerts for new listings near 26416 FIELDSTONE Drive
We'll notify you when something hits the market in Island Lake Arbors or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.