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45613 South Lake Drive

45613 South Lake Drive, Novi, MI 48377
Property in Novi
Sold Oct 04, 2006
$435,500
$264,700 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2028
Sold Nov 30, 2001
$401,595
$310,000 by Gmac Mtg Corp
Mortgage
Local assessors in Novi, MI have categorized 45613 South Lake Drive as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 14,375 square feet. The linear feet between the front and back of the lot was measured at 1,515 ft and the front of the lot was measured at 1,230 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 45613 South Lake Drive has a total of 3,125 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 45613 South Lake Drive sold most recently in Sep 21, 2006 for a total of $435,500. If you work out the math, that's approximately a cost of $139.36 per sqft. Before that, the property was also sold for $401,595 in Oct 31, 2001. 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 $5,812 in taxes each year. 45613 South Lake Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $252,460. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,375
  • Lot Size Depth Feet: 1,515
  • Lot Size Frontage Feet: 1,230
  • Total Building Area: 3,125
  • Building Area: 3,125
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,125
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRISTOL CORNERS WEST #2
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T1N, R8E, SEC 4 BRISTOL CORNERS WEST NO 2 LOT 134 5-19-99 FR 401-001

Ownership

  • Current Owner : KAMEN SCOTT
  • Current Owner 2: FALICK JULIE
  • Previous Owner : GILLIAM WILLIAM
  • Previous Owner 2: GILLIAM KIM
  • Owner Before Previous Owner: BRISTOL-JACOBSON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Walled Lake Consolidated Schools
  • School Tax School District: 63290
  • Census Tract: 136102

Zoning

  • Zoning: R-2

Geography

  • District: 50
  • Section: 4
  • Parcel: 50-22-04-403-003
  • Lot: 5,134
  • Meridian: SEC 4 TWN 1N RNG 8E
  • Municipality: NOVI CITY
  • Latitude: 42.5152
  • Longitude: -83.5031

    Address

  • Full Address: 45613 S Lake Dr
  • Address - House Number: 45613
  • Street Direction: S
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Novi
  • Carrier Code: C003
  • 4-Digit Zip Code: 3908
  • Zip Code: 48377

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,812

    Appraisal Valuation

  • Standard Deviation: 0.1908
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 74
  • Final Value: 666,138
  • High Value: 793,285
  • Low Value: 538,991

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $264,700
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 16, 2013
  • First Open Lien Mortgage Loan Amount: $264,700
  • 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: Apr 01, 2028

    Market Valuation

  • Market Total Value: $504,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $252,460

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 21, 2006
  • Current Sale Recording Date: Oct 04, 2006
  • Current Sale Transaction ID: 1185507470
  • Current Sale Price: $435,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 245642
  • Previous Sale Recording Date: Nov 30, 2001
  • Previous Sale Contract Date: Oct 31, 2001
  • Previous Sale Amount: $401,595
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME LOAN SPECIALISTS INC
  • First Mortgage Transaction Date: Oct 04, 2006
  • First Mortgage Loan Amount: $348,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: GMAC MTG CORP
  • Previous Mortgage Transaction Date: Nov 30, 2001
  • Previous Mortgage Loan Amount: $310,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Novi



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Frequently Asked Questions

What neighborhood is 45613 South Lake Drive located in?
The 45613 South Lake Drive is a located in the neighborhood of Novi in Novi, Novi.
What is the average sales price for listings in 45613 South Lake Drive?
The average sales price for units in 45613 South Lake Drive is $0 currently.

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