16 days on rocket

Sale Pending

49702 Timber Trl, Novi, MI, 48374

$589,900

Home List Price

$7,005*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
2,658 SqFt
$222/SqFt
Condo
Schools Nearby

Location

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49702 Timber Trl, Novi$589,900

Buyer Closing Credits

$7,005*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingElectricity, Door Opener, Attached
Attached Garage2 spaces
Year Built2002
HeatingNatural Gas, Forced Air
CoolingCeiling Fan(s), Central Air
BasementYes
WaterfrontBoat Facilities
FireplaceBasement, Living Room
Private PoolYes
MLS #20240027566
StatusSale Pending
(Pending)

About 49702 Timber Trl

Welcome to Island Lake Novi, where luxury meets comfort in this exquisite 4 bedroom, 3.5 bathroom condominium spanning 2,658 square feet of living space. Step into elegance as you enter this meticulously crafted home, featuring spacious rooms and soaring ceiling. The home's layout seamlessly connects the living room, dining area, and kitchen, perfect for entertaining guests or enjoying family time. The gourmet kitchen boasts sleek granite countertops, beautiful cabinetry, and stainless steel appliances, making cooking a joy for any chef. A breakfast bar provides additional seating for casual meals or a quick morning coffee. Retreat to the primary suite upstairs overlooking the wooded private backyard. Princess suite on the second floor is attached to the main full bath. Additional bedroom and third floor loft are perfect for house guests or work from home office space. The lower level has daylight windows, cozy living space, full bathroom and a wet bar with tons of cabinets for storage. Located in the desirable Island Lake community, residents have access to a variety of amenities, including walking trails, parks, and a clubhouse with a fitness center and swimming pool. Wixom Rd construction - northbound traffic only.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 2002
  • Stories: 2
  • Living Area: 2,658 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty-Northville
  • Office Phone: (248) 347-3050
  • Listing Agent: Marianne Prokop

Interior Features

Interior Information:

  • Appliances: Electric Oven, Dishwasher, Disposal, Dryer, Refrigerator, Gas Cooktop, Microwave, Stainless Steel Appliance(s), Bar Fridge
  • Basement: Yes
  • Interior: Wet Bar
  • Fireplace: Basement, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Boat Facilities
  • Exterior: Tennis Court, Club House, Grounds Maintenance, Lighting, Private Entry, Pool – Community

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Electricity, Door Opener, Attached

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Ceiling Fan(s), Central Air

School Info

Assigned Schools Information:

  • Novi High School, Public Magnet Grades EE-12
  • Novi Middle School, Public Magnet Grades 7-8
  • Deerfield Elementary School, Public Magnet Grades KG-4
  • Novi Meadows Elementary School, Public Magnet Grades EE-6

Other

Directions Information:

  • Directions: take Ravine west off Wixom Rd to Shoreline to Timber Trail

Price Information

Listing Price Info

Price Summary:

  • List Price: $589,900
  • Price Per SqFt: $222/SqFt

HOA Fees:

  • Amount: $520
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $8,923
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Novi, MI.

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Novi, MI

City

Med. Sold Price

$434.1K

Med. Price/SqFt

$218

Avg. Days On Market

12

# of Sold Homes

32

49702 Timber Trl vs Novi

16 DAYS ON ROCKET

+4 Days

$589,900

+$155.7K More

$222/SqFt

+$4 More

KEY TAKEAWAY

This property is $155.7K more than the Median Sold Price and $4/SqFt more 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: #20240027566

Listing Office:

  • Office Name: Coldwell Banker Realty-Northville
  • Office Phone: (248) 347-3050
  • Listing Agent: Marianne Prokop

IDXDisclaimer: 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.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2024, 3:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 30, 2015Home Sold
$429,000
Jun 17, 2003Home Sold
$412,660

Tax History

YEARPROP. TAXASSESSMENT
2020$8,923$236,750
2018$8,885$235,000
2017$8,618$232,550

History based on county public records data.

Payment Calculator

$3,532

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,835

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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

school-card-donut-2023501
9
/10

  • Deerfield Elementary School

  • 26500 Wixom Rd

  • 0.94 miles

  • Public Magnet Grades KG-4

school-card-donut-2023502
7
/10

  • Novi Meadows Elementary School

  • 25549 Taft Rd

  • 2.40 miles

  • Public Magnet Grades EE-6

Middle School

school-card-donut-2023503
7
/10

  • Novi Middle School

  • 49000 W 11 Mile Rd

  • 0.55 miles

  • Public Magnet Grades 7-8

High School

school-card-donut-2023504
8
/10

  • Novi High School

  • 24062 Taft Rd

  • 2.80 miles

  • Public Magnet Grades EE-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $152,212. Typical income of Novi, MI residents is between $100k-200k annually. Residents typically live in married, with kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 49702 Timber Trl

What is the listing price of this property?

The listing price of 49702 Timber Trl property is $589,900.

What type of property is this?

The property 49702 Timber Trl is a condo located in Novi, Michigan, 48374.

Is this property for sale now?

Sale Pending: 49702 Timber Trl 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 49702 Timber Trl are:
Deerfield Elementary School: GreatSchools Rating 9/10
Novi Meadows Elementary School: GreatSchools Rating 7/10
Novi Middle School: GreatSchools Rating 7/10
Novi High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,923 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 30, 2015 for $429,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 49702 Timber Trl has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 49702 Timber Trl is 2,658 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 49702 Timber Trl is 2002.

Rocket Homes›Michigan›Oakland County›Novi›48374›49702 Timber Trl

This home is located at 49702 Timber Trl in Novi, MI and zip code 48374. This 2,658 square foot home was built in 2002. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 29, 2024 and is currently priced at $589,900.

In April 2024, from all listings sold in Novi, MI there were more than 19 sold above asking price, over 8 sold below and more than 5 were sold right at the asked price. The number of listings in Novi, MI increased by 26.4% between March 2024 and April 2024. The median list price of listings available in April 2024 was $434,166, while the average time on the real estate market was 12 days.

From Rocket Homes Real Estate and based on county public records data.

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