1127 S Lake Drive #117

About this home

This lovely first floor condo in desirable South Pointe Condominiums is located directly across from beautiful all-sports Walled Lake. Once inside you will find a bright and welcoming living space with neutral tones. The kitchen offers new stainless steel appliances and a large pantry. The living room/dining area leads to a sliding patio door which opens to a covered patio. The entire condo has been freshly painted and has new carpet throughout. Both bedrooms are very generously sized and the primary includes a large walk-in closet. A washer/dryer is included. Community amenities offer a workout room with a pool table and common gathering areas ideal for socializing, a lockable storage space and an assigned covered carport space. Residents of this 50+ years of age community enjoy approximately 300 FT. of lakefront on all-sports Walled Lake which feature two gazebos, picnic areas, outdoor grills and kayak racks. There's a side entrance to the building just two doors down from the unit, which is very convenient to help unload your shopping. This is a great opportunity to enjoy a low maintenance lifestyle. Please note, this is a no-pet community, close to expressways, shopping and many restaurants. This condo has everything you are looking for in a perfect location. Schedule your private showing today!

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Novi

Over the last 90 days, 145 homes sold in Novi for a median of $485,000, about $190 per square foot, and the typical one went under contract in 11 days. This home is listed at $185,000, or $203 per square foot, 7% above the city median, and has been on the market 70 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Novi sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $1,724 a year. A buyer who lives here would pay about $1,094 to $2,994 a year once the taxable value resets after the sale, at the 2025 homestead rate of 32.04 mills for Novi City and Walled Lake schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate and HOA when listed. Ask us for a lender quote.

Location

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