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1155 S Lake Dr Unit 57, Novi, MI, 48377

1beds
1baths
720sqft
$169,900
$236price/sqft
$1,276/moest. monthly cost
$51,040/yrincome needed

About This Home

Gorgeous, remodeled condo in a 50 + adult community. This beautiful unit flaunts new amenities so you can just move right in! Updated kitchen with granite tops and designer backsplash. New stainless steel appliances. Nice pantry. New luxury plank floors throughout. Sliding doorwall off the living room leads to a covered patio...here you can take in views of the lake. Large updated bath plus washer and dryer is in the unit Bedroom features a large walkin closet. Professionally painted throughout. Clean as a whistle! South Pointe Condo's have 300' of waterfront facilities on all sports Walled Lake. They have grills and pavilions, picnic tables and wood patio swings. Also has a boat dock to fish off of! Community also offers a recreation room with pool table, work out equipment, special activities and numerous gathering areas. This is a ground floor unit, and the carport is handy to the side entrance and you can store your bike, kayaks & etc there. Enjoy Novi's Pavilion Park, and hike and bike the 600 acres on Lakeshore park. Restaurants, shopping and easy expressway acess is something you'll love. Use RentSpree Application process. 1.5 mo security deposit + 1st month rent. $200.00 cleaning fee. No Pets. Smoking permitted in certain areas.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

8/10
6/10

Construction

Condition

  • Year built: 1999

Materials

  • Foundation: Slab
  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Notable Dates

  • Major remodel year: 2023

Type & Style

  • Home type: Condo
  • Architectural style: Ranch
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Free Standing Electric Range,Free Standing Refrigerator,Microwave,Stainless Steel Appliances,Washer
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area above ground: 720

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 720 sqft

Kitchen

  • Level: Entry
  • Area: 64
  • Dimensions: 8 X 8

Laundry

  • Level: Entry
  • Area: 9
  • Dimensions: 3 X 3

Living Room

  • Level: Entry
  • Area: 180
  • Dimensions: 15 X 12

Other

  • Level: Entry
  • Area: 56
  • Dimensions: 7 X 8

Primary Bedroom

  • Level: Entry
  • Area: 154
  • Dimensions: 11 X 14

Property

Details

  • Parcel number: 2203383057
  • Special condition: Short Sale No,Standard

Features

  • Levels: One Story Ground
  • Stories: 1
  • Entry location: GroundLevel
  • Pool features: None
  • Patio & porch: Covered,Patio
  • Exterior features: Grounds Maintenance
  • On waterfront: Yes
  • Waterfront features: Acrossthe Road Water Frontage,All Sports Lake,Beach Access,Dock Facilities,Private Water Frontage,Shared Water Frontage,Waterfront
  • Waterbody name: Walled Lake

Parking

  • Parking features: No Garage,Carport
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Heat Wave
Ice Storm
Strong Wind

FEMA Declared Disasters in Oakland County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $859$10,308
Home Insurance *$53$636
Property Taxes $176$2,112
Electricity $188$2,259
Total$1,276$15,312
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$43,748/yr
40% on housing$38,280/yr
45% on housing$34,026/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.2%
14.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$236This listing

vs Other Active Listings

Avg $/sqft

ZIP 48377$207
Oakland County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 48377$198
Oakland County$192

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Listed for sale$179,900
2026-03-31Listing removed$179,900
2026-03-29Price change$179,900
2025-05-16Listing removed$1,550
2025-04-25Listed for rent$1,550
2025-04-17Listing removed$1,550
2025-03-27Listed for rent$1,550
2024-05-16Pending sale$135,000
2024-05-14Sold$130,000
2024-04-25Listed for sale$135,000
2018-12-14Listing removed$1,100
2018-12-10Listed for rent$1,100
2000-11-07Sold$85,500

For Sale by Agent

AgentDiane M Braykovich
BrokerageRE/MAX Classic

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