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Price:$950,000|Beds: 2|Baths: 1|Area: 891 sq ft

Info
Value
Expenses
History
Schools

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Overview

The home at 1815 E Lake Dr Novi, MI. 48377
has. And its legal description is

T1N, R8E, SEC 2 CHAPMAN WALLED LAKE SUB LOT 81
County Registrar of Deeds Public Record

This building may also appear as:

1815 E Lake Dr

1815 E Lake Dr Novi, MI. 48377-2055

welcome to your dream location. Take advantage of this unheard of amount of space (a combination of 5 1/2 lots) with water frontage on walled lake (a large, private, all-sports lake). This highly desired community does not pop up often, and for good reason. Directly adjacent to novi’s pavilion shore park, reap the benefits of ample free parking, a large playground, walking trails, and community events like morning yoga right outside your window. Lakeshore park, another novi highlight featuring fantastic mountain bike trails, sand volleyball courts, a large party shelter, and a great beach, is just a short walk away. this 2 bed, 1 bath home is newly remodeled, with a brand new kitchen, bathroom and roof. It is a perfect secondary lake property, investment opportunity to rent out, or tear down to take advantage of the combined lots and build your dream home! This property is being sold with heavy emphasis on the community, history, location, lot space, and water frontage. Price is firm, the seller still has a dream for this property - this is the price at which they will put their dreams aside for your own. *so as not to arbitrarily inconvenience the tenant, pre-approval/proof of funds is required prior to showing.

More Information

MLS Number: 20251002832
Price: $950,000.00
Listing Start Date: 06/17/2025
Current MLS Status: Active
Status Date: 06/06/2025
Year Built: 1940
Square Footage: 891
Price per SqFt: $1,066.22
Bedrooms: 2
Full Bathrooms: 1
Half Bathrooms: 0
Total Tax: $11,168
Year Remodeled: 2024
Has Basement: No

Public Record Information

Estimated Value: $389,000
Square Footage: --
Lot Area: acres (-- sqft)
Price per SqFt: $389,000.00
Year Built:
Bedrooms: n/a
Full Bathrooms: n/a
Taxes (from public record): --
Approx. Loan Amount: $0
Floor Types:
Amenities:
Parking Types: Garage
Parking Size: 1
Legal Description: T1N, R8E, SEC 2 CHAPMAN WALLED LAKE SUB LOT 81
Current APN
(Assessor's Parcel Number): 50-22-02-356-003 (502202356003)
General Land Use: Residential
County Land Use: Single Family Residential (401)
Owner City: Novi, MI

Valuation

Estimated Value

$389,000

Range of Comparable Sales

Low: $299,530

High:

$478,470

Exact Location

Estimated Monthly Expenses

Total Monthly Cost
Mortgage Payment (Principal and Interest) With a 20% Down Payment	$
Property Tax	$
Hazard Insurance	$
Heat	$
Electric Bill	$

Transaction History

*This data is provided from public record

Sale Date	Sale Price	Arm's-Length
12/01/1997	$13,000	Yes

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Information deemed reliable but not guaranteed.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd.

Real estate listings held by firms other than Snabby Real Estate are marked with the Realcomp Internet Data Exchange logo or thumbnail logo
and detailed information about them includes the Listing Broker's Firm Name. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Provided by KW Showcase Realty Office Contact Info: (248) 360-2900

Locations

1815 East Lake Rd Novi, MI 48377