7 months on rocket

1155 S Lake Dr Unit 71, Novi, MI, 48377

$194,900

Home List Price

$2,314*

Closing Credit

2 Bedrooms
2 Full Baths
1,010 SqFt
$193/SqFt
Condo

Location

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1155 S Lake Dr Unit 71, Novi$194,900

Buyer Closing Credits

$2,314*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1999
HeatingForced Air
CoolingCentral Air
WaterfrontLake Front
MLS #24015405
Lot Size1.00 Acres
StatusActive

About 1155 S Lake Dr Unit 71

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!!!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1999
  • Stories: 1
  • Living Area: 1,010 SqFt

Listing Office:

  • Office Name: Remerica Preferred
  • Office Phone: (734) 525-9600
  • Listing Agent: Kathryn Wurn, Robert Edwards

Interior Features

Interior Information:

  • Basement: No
  • Interior: Elevator

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Lake Front

Lot Features

Lot Information:

  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GO SOUTH ON S LAKE DR TURN RIGHT INTO COMPLEX, STRAIGHT BACK

Price Information

Listing Price Info

Price Summary:

  • List Price: $194,900
  • Price Per SqFt: $193/SqFt

HOA Fees:

  • Amount: $369
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,614
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Novi, MI.

Med. Sold Price

$468.8K

Med. Price/SqFt

$226

Avg. Days On Market

22

# of Sold Homes

57

1155 S Lake Dr Unit 71 vs Novi

229 DAYS ON ROCKET

+207 Days

$194,900

-$273.9K Less

$193/SqFt

-$34 Less

KEY TAKEAWAY

This property is $273.9K less than the Median Sold Price and $34/SqFt less than other homes in Novi, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24015405

Listing Office:

  • Office Name: Remerica Preferred
  • Office Phone: (734) 525-9600
  • Listing Agent: Kathryn Wurn, Robert Edwards

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 7:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 04, 2013Home Sold
$85,000
Apr 22, 2013Home Sold
$64,000
Jul 28, 1999Home Sold
$110,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,614$60,700
2018$1,554$57,400
2017$1,530$55,850

History based on county public records data.

Payment Calculator

$1,409

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$651

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-528556
6
/10
  • Hickory Woods Elementary School

  • 30655 Novi Rd

  • 1.11 miles

  • Public District Grades KG-5

school-card-donut-528557
6
/10
  • Walled Lake Elementary School

  • 1055 W West Maple Rd

  • 1.33 miles

  • Public District Grades PK-5

school-card-donut-528558
4
/10
  • Meadowbrook Elementary School

  • 29200 Meadowbrook Rd

  • 1.73 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,984. The most common annual income of people living in Novi, MI is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1155 S Lake Dr Unit 71

What is the listing price of this property?

The listing price of 1155 S Lake Dr Unit 71 property is $194,900.

What type of property is this?

The property 1155 S Lake Dr Unit 71 is a condo located in Novi, Michigan, 48377.

Is this property for sale now?

Active Listing: 1155 S Lake Dr Unit 71 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,614 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 4, 2013 for $85,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1155 S Lake Dr Unit 71 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1155 S Lake Dr Unit 71 is 1,010 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1155 S Lake Dr Unit 71 is 1999.

Rocket HomesMichiganOakland CountyNovi483771155 S Lake Dr Unit 71

This home is located at 1155 S Lake Dr Unit 71 in Novi, MI and zip code 48377. This 1,010 square foot home, which was built in 1999, sits on a 1.00 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 02, 2024 and is currently priced at $194,900.

Over 23 listings were sold over their listed price in October 2024 in Novi, MI. In the same period over 26 listings were sold below the listed price and 8 listings were sold for the listed price. The number of homes for sale in Novi, MI decreased by 0.6% between September 2024 and October 2024. While the average time on the market in October 2024 was 22 days, the median list price was $468,825.

From Rocket Homes Real Estate and based on county public records data.

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