1155 South Lake Dr
Novi, MI 48377
2 bd 2 ba 1,000 sqft Built 1999 condos
Most recent sale
$181,500
Aug 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 10, 2022 | Sold | $181,500 | Public Record |
| Jul 26, 2022 | Sold | $181,500 | Realcomp |
| May 20, 2022 | Listed | $184,900 | MLS #2220037984 |
| Jul 24, 2000 | Sold | $109,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $66,650 | $727 |
| 2020 | — | — | $60,200 | $758 |
| 2019 | — | — | $58,550 | $739 |
| 2018 | — | — | $57,400 | $736 |
| 2017 | — | — | $55,900 | $725 |
| 2016 | — | — | $51,300 | $709 |
| 2015 | — | — | $42,050 | $720 |
| 2014 | — | — | $30,150 | $725 |
| 2013 | — | — | $22,000 | $710 |
| 2012 | — | — | $20,100 | $685 |
| 2011 | — | — | $26,700 | $904 |
| 2010 | — | — | $27,200 | $917 |
| 2009 | — | — | $49,950 | $1,634 |
| 2008 | — | — | $55,850 | $1,802 |
Property facts
Year built
1999
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,000 sqft
Lot size
—
ZIP code
48377
City
Novi
Street
South Lake Dr
Coordinates
42.51169, -83.48885
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,500
Gross rental yield
9.92%
Implied cap rate
6.45%
Trend-extrapolated value
—
Frequently asked questions
When did 1155 South Lake Dr last sell?
1155 South Lake Dr most recently sold on Aug 10, 2022 for $181,500.
What is the current tax assessment for 1155 South Lake Dr?
The most recent total assessment for 1155 South Lake Dr (year 2021) is $66,650 with $727 in property tax.
How does 1155 South Lake Dr's assessment compare to its last sale price?
The current assessment is 63.3% below the last sale price of $181,500.
When was 1155 South Lake Dr built?
1155 South Lake Dr was built in 1999.
How does 1155 South Lake Dr compare to others on South Lake Dr?
We track 8 other properties on South Lake Dr. Browse the list under "Other properties on South Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 1155 South Lake Dr?
1155 South Lake Dr is a 2 bed, 2 bath, 1,000 sqft condos.
Is 1155 South Lake Dr a flip candidate?
No — 1155 South Lake Dr does not appear in our flips dataset.
Is 1155 South Lake Dr a tax-appeal candidate?
No — 1155 South Lake Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.0%
Implied 1-yr
-7.9%
2026 Q3
$392.3K
2026 Q4
$383.5K
ZIP 48377 — Median Price History + Forecast
Explore nearby
Geography
Other properties on South Lake Dr