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$1,050,000

Beds
4
Baths
4.5
sq ft
4,045

50480 Langley Dr, Novi, MI 48374

50480 Langley Dr

Novi, MI 48374

  • 17 days on market
    • Price drop $50,000↓
    • Open house Dec 22
This stunning 4-bedroom, 4.5-bath home offers over 6,000 square feet of thoughtfully designed living space, including a fully finished basement with 3 more nonconforming bedrooms, and beach/lake access on Island Lake. Residents enjoy an array of amenities, including private pools, tennis courts, and a clubhouse, offering the perfect blend of leisure and recreation. The main level boasts a two-story foyer that welcomes you into a spacious living room stretching the depth of the home. The open-concept kitchen, designed for both function and style, features granite countertops, stainless steel appliances, and an island with seating, all flowing seamlessly into the family room with a vaulted ceiling and floor-to-ceiling stone fireplace. A formal dining room surrounded by windows offers an elegant space for entertaining. The main floor also includes a home office, laundry room, and guest bath. The highlight of the second level is the expansive primary suite, which includes a luxurious private bath with a glass and tile shower, jetted soaking tub, double vanity, and a walk-in closet designed to impress. The second level also offers three generously sized bedrooms, one with a private ensuite bath and the other two sharing a dual-entry bath with double sinks. The fully finished basement expands the living space, featuring three nonconforming bedrooms also ideal for offices or flex spaces, a dual-entry bath, and a spacious family room. Outdoor living is a dream with a landscaped patio that offers privacy, a built-in grill, and a relaxing hot tub. A true retreat, this home features unique safety upgrades like a Kevlar-walled safe room and Kevlar-reinforced primary bedroom door & walls, combining comfort, luxury, and security with a prime location offering lake access and recreational privileges. This remarkable property is a must-see for those seeking upscale living in a peaceful, lake-centered community!

Details

Property type

Single Family Residence

Est. home value

$948,603

Lot size

0.29 acres

Price per sq ft

$260

Year built

2012

Annual property taxes

$13,915

Monthly HOA fee

$125

Price History

12/18/2024
Realcomp

Realcomp #20240090474

Price change
$1,050,000
-4.55%
12/05/2024
Realcomp

Realcomp #20240090474

Listed
$1,100,000
+51.72%
12/13/2018
Realcomp

Realcomp #218105346

Sold
$725,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Novi

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$566,169
Asking price
$1,050,000
Closing costs (~8% of asking)
-$84,000
Est. remaining loan balance
-$399,831
Cash to seller
$566,169

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

November 2018

Original loan amount

$575,000

Est. remaining balance

$399,831

Interest rate

4.16%

Loan type

New Conventional, 16 year

Seller

Kenneth Koza and Kathryn Munoz

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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23009 Novi Rd, Novi, MI 48375

Status: Active

Tomo last checked: 12/22/2024 at 5:05 PM

Listing updated: 12/22/2024 at 1:15 PM

Listed by: Simon Joseph, Wentworth Real Estate Group Phone #: (810) 955-6600

MLS: Realcomp #20240090474

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