49674 Timber Trail
Novi, MI 48374
Condominium · MLS # 20261061311 · Listing courtesy of @properties Christie's Int'l RE Northville
About this home
Enjoy the sweet life in this rare *FIRST FLOOR PRIMARY BEDROOM W/EN SUITE* in the luxurious and amenity-filled Island Lakes Community! Call home this fabulously maintained 3 bedroom and 3 and one half bath home with a finished daylight basement. The first floor primary bedroom boasts a peaceful view of the woods, cathedral ceilings, and a huge primary bathroom with shower AND tub, plus a spacious master closet! The open concept kitchen and cathedral ceiling living room overlook the deck and serene wooded views. The kitchen includes a cook's delight brand new Wolf gas stove plus vent! Also on the first floor easily access the office space/sitting room, a formal dining room, *1st floor laundry*, and access to the 2 car garage! New roof 2024, new AC 2025. The finished basement expands the living space with daylight windows, a wet bar and plenty of room for entertaining. This lovely home has private lake access for residents only of Island Lake of Novi including a private boat launch, private beach, boathouse available for private events, pool, tennis courts, fitness center, volleyball courts and a playground.
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Novi
Over the last 90 days, 144 homes sold in Novi for a median of $482,500, about $190 per square foot, and the typical one went under contract in 11 days. This home is listed at $679,900, or $166 per square foot, 13% below the city median, and has been on the market 74 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 $9,972 a year. A buyer who lives here would pay about $9,655 to $12,471 a year once the taxable value resets after the sale, at the 2025 homestead rate of 36.32 mills for Novi City and Novi 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
Similar homes in Novi
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