HIGHLY SOUGHT AFTER/RARELY AVAILABLE MAIN LEVEL 2 BEDROOM 2 FULL BATH RANCH UNIT. 50-YEAR-OLD+ COMMUNITY. EXTREMELY CLEAN AND READY TO MOVE IN. KITCHEN HAS GLASS TILE BACKSPLASH, GRANITE COUNTERTOPS, STAINLESS STEEL OVEN, MICROWAVE AND REFRIGERATOR. CELING FANS IN THE BOTH THE LARGE BEDROOMS. BATHS HAVE CERAMIC FLOORING. PRIMARY BEDROOM HAS A BATH AND WALK IN CLOSET. STACKABLE WASHER AND DRYER IN UNIT. NEW SLIDING GLASS DOOR WALL TO PRIVATE AND COVERED PORCH. ALONG THE WITH 300 FT. OF LAKEFRONT ON WALLED LAKE. SOUTH POINT RESIDENTS GET TO ENJOY COMMON AREAS, MEETING ROOM, EATING ROOM AND A WORKOUT ROOM W/EXERCIZE EQUIPMENT. TWO GAZEBOS AND AN OUTDOOR GRILL. COMES WITH LOCK AND KEY STORAGE AND ASSIGNED CAR PORT. BRIGHT AND CHERRY DECOR. SMALL TOWN FEELING WHILE STILL BEING CLOSE TO ALL THE MAJOR STORES AND EXPRESSWAYS IN THE AREA. EASY TO VIEW. IT'S A GREAT PLACE!
Property Details
Property Features
Property Information:
Architectural Style: Common Entry Building, Ranch
Year Built: 1991
Stories: 1
Living Area: 910 SqFt
Listing Office:
Office Name: Real Estate One-WB/FH
Office Phone: (248) 851-4100
Listing Agent: James Tuomikoski
Interior Features
Interior Information:
Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Refrigerator
Basement: No
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Waterfront: Lake
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Cooling: Central Air
School Info
Assigned Schools Information:
Walled Lake Western High School, Public District Grades 9-12
James R. Geisler Middle School, Public District Grades 6-8
Hickory Woods Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: Enter South Point Condos off South Lake Dr. First Building
Price Information
Listing Price Info
Price Summary:
List Price: $189,900
Price Per SqFt: $209/SqFt
HOA Fees:
Amount: $370
Frequency: Monthly
Tax Information:
Annual Amount: $1,848
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
This property is $242.2K less than the Median Sold Price and $8/SqFt less than other homes in Novi, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240013876
Listing Office:
Office Name: Real Estate One-WB/FH
Office Phone: (248) 851-4100
Listing Agent: James Tuomikoski
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,385
Per Month
Principal & Interest
$948
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$370
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$636
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Hickory Woods Elementary School
30655 Novi Rd
Distance between this listing and this school1.19 miles
Public District Grades KG-5
Middle School
7
/10
James R. Geisler Middle School
46720 W Pontiac Trl
Distance between this listing and this school1.56 miles
Public District Grades 6-8
High School
7
/10
Walled Lake Western High School
600 Beck Rd
Distance between this listing and this school1.84 miles
Public District Grades 9-12
Assigned Schools
7
/10
Hickory Woods Elementary School
30655 Novi Rd
Distance between this listing and this school1.19 miles
Public District Grades KG-5
Nearby Schools
8
/10
Walled Lake Elementary School
1055 W West Maple Rd
Distance between this listing and this school1.45 miles
Public District Grades PK-5
5
/10
Meadowbrook Elementary School
29200 Meadowbrook Rd
Distance between this listing and this school1.75 miles
Public District Grades KG-5
Assigned Schools
7
/10
James R. Geisler Middle School
46720 W Pontiac Trl
Distance between this listing and this school1.56 miles
Public District Grades 6-8
Nearby Schools
8
/10
Novi Middle School
49000 W 11 Mile Rd
Distance between this listing and this school3.03 miles
Public Magnet Grades 7-8
6
/10
Sarah G. Banks Middle School
1760 Charms Rd
Distance between this listing and this school3.70 miles
Public District Grades 6-8
Assigned Schools
7
/10
Walled Lake Western High School
600 Beck Rd
Distance between this listing and this school1.84 miles
Public District Grades 9-12
Nearby Schools
8
/10
Novi High School
24062 Taft Rd
Distance between this listing and this school3.30 miles
Public Magnet Grades EE-12
7
/10
Walled Lake Central High School
1600 E Oakley Park Rd
Distance between this listing and this school3.99 miles
The neighbors living near this home have an average income of $104,722. Most Novi, MI residents have annual incomes between $100k-200k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1127 S Lake Dr Unit 120
What is the listing price of this property?
The listing price of 1127 S Lake Dr Unit 120 property is $189,900.
What type of property is this?
The property 1127 S Lake Dr Unit 120 is a condo located in Novi, Michigan, 48377.
Is this property for sale now?
Sale Pending: 1127 S Lake Dr Unit 120 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
What are the assigned schools for this property?
The assigned schools for 1127 S Lake Dr Unit 120 are: Hickory Woods Elementary School: GreatSchools Rating 7/10James R. Geisler Middle School: GreatSchools Rating 7/10Walled Lake Western High School: GreatSchools Rating 7/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,848 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 17, 2019 for $130,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1127 S Lake Dr Unit 120 has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 1127 S Lake Dr Unit 120 is 910 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1127 S Lake Dr Unit 120 is 1991.
This home is located at 1127 S Lake Dr Unit 120 in Novi, MI and zip code 48377. This 910 square foot home was built in 1991. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $189,900.
In March 2024, from all listings sold in Novi, MI there were more than 20 sold above asking price, over 12 sold below and more than 6 were sold right at the asked price. In March 2024 in Novi, MI there were 2.9% more homes for sale than in February 2024. While the average time on the market in March 2024 was 20 days, the median list price was $432,142.
From Rocket Homes Real Estate and based on county public records data.