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24834 Overlook Trail

24834 Overlook Trail, Novi, MI 48374
Property in Novi
Sold Sep 23, 2014
$559,770
$260,000 by A Best Financial Corporation
Mortgage Due Sep 01, 2036
24834 Overlook Trail has been categorized by the local assessors in Novi, MI as a residential type of property. The building on the property was first built in 2014 and is 10 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 24834 Overlook Trail has 3,038 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 18,459 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 24834 Overlook Trail sold most recently in Sep 19, 2014 for a total of $559,770. If you work out the math, that's approximately a cost of $184.26 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,241 in taxes each year. 24834 Overlook Trail was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $328,620. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Condo
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 18,459
  • Total Building Area: 3,038
  • Building Area: 3,038
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,038
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE RESERVE OF ISLAND LAKE CON
  • Land Acres: 0.423
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: T1N, R8E, SEC 20OAKLAND COUNTYCONDOMINIUM PLAN NO 2048THE RESERVE OF ISLAND LAKEUNIT 26L 46110 P 8287-31-13 FR 301-009, 038,

Ownership

  • Current Owner : WENG LEI
  • Current Owner 2: CHEN YIPENG
  • Previous Owner : TOLL MI II LIMITED PARTNERSHIP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Novi Community School District
  • School Tax School District: 63100
  • Census Tract: 137102

Zoning

  • Zoning: R-A

Geography

  • District: 50
  • Section: 20O
  • Parcel: 50-22-20-304-026
  • Meridian: SEC 20 TWN 1N RNG 8E
  • Municipality: NOVI CITY
  • Latitude: 42.4683
  • Longitude: -83.5326

    Address

  • Full Address: 24834 Overlook
  • Legal Unit: 26
  • Address - House Number: 24834
  • Address - Street Name: Overlook
  • State: MI
  • City Name: Novi
  • Carrier Code: R073
  • 4-Digit Zip Code: 3171
  • Zip Code: 48374

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,241

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 76
  • Final Value: 790,608
  • High Value: 934,162
  • Low Value: 647,055

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,000
  • First Open Lien Mortgage Lender: A BEST FINANCIAL CORPORATION
  • First Open Lien Mortgage Recording Date: Aug 13, 2021
  • First Open Lien Mortgage Loan Amount: $260,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2036

    Market Valuation

  • Market Total Value: $657,240

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $328,620

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 19, 2014
  • Current Sale Recording Date: Sep 23, 2014
  • Current Sale Transaction ID: 1116231338
  • Current Sale Price: $559,770
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 183713

About Novi



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Unit for rent at 47230 W 11 Mile Road, Novi, MI, 48374

$3,000 /mo

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47230 W 11 Mile Road, Novi, MI, 48374 Listing by Paul G Mruk

Frequently Asked Questions

What neighborhood is 24834 Overlook Trail located in?
The 24834 Overlook Trail is a located in the neighborhood of Novi in Novi, Novi.
What is the average sales price for listings in 24834 Overlook Trail?
The average sales price for units in 24834 Overlook Trail is $0 currently.

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