Sold
49698 Timber Trail, Novi, MI
Sold on 06/09/2022 for$524,000
MLS # 2220030942 (Realcomp)
3 beds4 baths3,562 sqftBuilt 2002
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Listing Description
Turn key! Move right in to this beautifully updated Island Lake condo. Private & serene backyard setting overlooking woods & wetlands. 1st floor mstr suite w/2 WIC, soaking tub, dual vanities & European glass shower drs. Open flr plan w/neutral decor & luxury vinyl plank flrs t/o. Hunter Douglas motorized window coverings in living areas. Family rm features 2 st ceilings, fireplace, recessed lighting, & large windows letting in plenty of natural light. Relax in bonus sunroom with doorwall leading to deck. Updated kitchen w/SS appliances & breakfast nook w/doorwall. Karastan carpet leads you upstairs to large loft w/huge skylights, & 2 bedrooms w/bath. Fin daylight bsemnt provides more rm to entertain w/2nd fireplace, full bath, closet, and 3 lrg windows. Deck currently being power washed & stained by mid-May & association is painting all exteriors within the next month. Enjoy all the amenities Island Lake resort living has to offer clubhouse, pool, fitness center, walking trails & more
Source: SparkMLS
About this home
3-bedroom, 4-bath, 3,562 sq ft home in Novi built in 2002.
This home sold for $524,000 (about $147/sq ft).
Estimated annual property tax: $7,957, or about $663 monthly. 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
Bedrooms3
Bathrooms4
Living Area3,562 sqft
Year Built2002
Stories2
Location
CityNovi
MunicipalityNovi City
CountyOakland
School DistrictNovi
Construction & Systems
ConstructionStone, Wood Siding
BasementDaylight
Garage2 spaces
HeatingForced Air
WaterPublic
InteriorBasement Finished
Sale & Financing
Listed4/28/2022
Sold Date6/8/2022
Terms AcceptedCash, Conventional
HOA
HOA Fee$485 / Monthly
IncludesLawn/Yard Care, Trash, Water
Source: SparkMLS
Tax Information
Annual Tax$8,925
State Equalized Value$288,740
Taxable Value$283,580
Parcel #2218451023
Source: Public Records
Legal Description
T1N, R8E, SEC 18 OAKLAND COUNTY CONDOMINIUM PLAN NO 1415 ISLAND LAKE NORTH WOODS UNIT 23 L 24820 P 481 2-14-02 FR 400-006
Property Records
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by James J DiMora
Keller Williams Advantage
Frequently Asked Questions about 49698 Timber Trail, Novi, MI
Which school district serves 49698 Timber Trail, Novi, MI?
Per MLS# 2220030942, 49698 Timber Trail, Novi, MI is in the Novi boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Novi directly to confirm enrollment eligibility.
What financing options are available for 49698 Timber Trail, Novi, MI?
Per MLS# 2220030942, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 49698 Timber Trail, Novi, MI?
Per public tax records, annual property taxes for this property are $8,925. 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, 49698 Timber Trail, Novi, MI is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
What utilities serve 49698 Timber Trail, Novi, MI?
Per Michigan Public Service Commission service territory data: 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.
Tax Estimate
$
Annual tax$7,957
Monthly$663
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$4,514
Principal & interest$3,366
Property taxes$663
HOA$485
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Property
49698 Timber Trail, Novi, MI
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County
Oakland County
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