45595 South Lake Dr
Novi, MI 48377
4 bd 4 ba 3,128 sqft Built 2001 Lot 17,860 sqft single_family
Most recent sale
$620,000
Feb 3, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 3, 2023 | Sold | $620,000 | Realcomp |
| Dec 13, 2022 | Price changed | $625,000 | Realcomp |
| Nov 7, 2022 | Price changed | $639,999 | Realcomp |
| Oct 30, 2022 | Price changed | $669,999 | Realcomp |
| Oct 14, 2022 | Listed | $685,000 | Realcomp |
| Nov 2, 2001 | Sold | $413,210 | Public Record |
| May 30, 2001 | Sold | $90,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $244,850 | $10,308 |
| 2020 | — | — | $245,950 | $9,527 |
| 2019 | — | — | $243,200 | $9,161 |
| 2018 | — | — | $231,000 | $8,858 |
| 2017 | — | — | $209,700 | $7,833 |
| 2016 | — | — | $201,450 | $8,247 |
| 2015 | — | — | $190,000 | $7,809 |
| 2014 | — | — | $175,300 | $8,262 |
| 2013 | — | — | $159,900 | $7,596 |
| 2012 | — | — | $148,200 | $4,854 |
| 2011 | — | — | $142,700 | $4,726 |
| 2010 | — | — | $149,200 | $5,086 |
| 2009 | — | — | $181,850 | $5,950 |
| 2008 | — | — | $200,150 | $6,456 |
| 2007 | — | — | $225,050 | $7,281 |
Property facts
Year built
2001
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,128 sqft
Lot size
17,860 sqft
ZIP code
48377
City
Novi
Street
South Lake Dr
Coordinates
42.51514, -83.50234
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,692
Gross rental yield
9.08%
Implied cap rate
5.90%
Trend-extrapolated value
—
Frequently asked questions
When did 45595 South Lake Dr last sell?
45595 South Lake Dr most recently sold on Feb 3, 2023 for $620,000.
What is the current tax assessment for 45595 South Lake Dr?
The most recent total assessment for 45595 South Lake Dr (year 2021) is $244,850 with $10,308 in property tax.
How does 45595 South Lake Dr's assessment compare to its last sale price?
The current assessment is 60.5% below the last sale price of $620,000.
When was 45595 South Lake Dr built?
45595 South Lake Dr was built in 2001.
How does 45595 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 45595 South Lake Dr?
45595 South Lake Dr is a 4 bed, 4 bath, 3,128 sqft, 17,860 sqft lot single_family.
Is 45595 South Lake Dr a flip candidate?
No — 45595 South Lake Dr does not appear in our flips dataset.
Is 45595 South Lake Dr a tax-appeal candidate?
No — 45595 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