1197 E Lake Dr, Novi, MI 48377 Property Records

Oakland County property record for 1197 E Lake Dr, Novi, MI 48377

Property Summary

Property Type	Single Family Home
Details	3 bd · 4 ba · 2,943 sqft · built 1996
Lot Size	0.38 acres (16,553 sqft)
Owner	Individual Name on File
Last Sale	$1,100,000 (Apr 2025)
Tax Bill	$12,242 (2025)
Deeds & Mortgages	Mar 2026 Second Mortgage Apr 2025 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`50-22-02-127-022`

Property Details

APN / Parcel Number

Primary APN	`50-22-02-127-022`

Interior

Bedrooms	3 Beds
Full Baths	4 Baths
Stories	2 Stories
Building Area	2,943 sqft Living Area
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1996
Effective Year Built	Effective 1996
Lot Area	16,553 sqft (0.38 acres)
Lot Dimensions	250 ft deep x 66 ft wide
Parking Spaces	3 Parking Spaces

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Forced Air with A/C
Heating Fuel	Gas

Location & Zoning

Street Address	1197 E LAKE DR
City	NOVI
State	MI
Zip	48377-1438
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R-4
Legal Description	T1N, R8E, SEC 2 SHORE ACRES SUB NLY 66 FT OF SLY 132 FT OF FOL DESC PCL LOTS 60TO 63 INCL 7-5-95 FR 013 & 014
Legal Range	08E
Legal Township	01N
Legal Section	02
Legal Subdivision	SHORE ACRES
Legal Lot Number	60-63
Jurisdiction	OAKLAND MI
Township / Civil Division	NOVI
Census Block Group	1
Census Block	1000
Census Tract	136101

Owner

1197 E Lake Dr is owned and occupied by an individual who bought it in April 2025.

Source: Oakland County records, as of September 24, 2026

Owner of Record	Individual Name on File
Mailing Address	1197 E LAKE DR, NOVI, MI 48377-1438
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Married Man, Separate Property

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Mar 23, 2026	Deed of Trust, Mortgage · Stand-Alone Second Mortgage MICHIGAN SCHOOLS & GOVERNMENT CU
Apr 8, 2025	Warranty Deed, Transfer · Conventional Mortgage UNITED WHOLESALE MORTGAGE

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 8, 2025 · Amount on File
Deed Sale	Apr 8, 2025 · Amount on File
Prior Sale	Nov 20, 2003 · Amount on File
Deed Document Number	202542756
Deed Book / Page	60113 / 573
Prior Transfer Date	Nov 19, 2012
Prior Transfer Doc	0000257882
Record Updated	Oct 29, 2026

March 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	OAKLAND MI
Property Address	1197 E LAKE DR, NOVI, MI 48377-1438
Transaction Type	Mortgage
Record Updated	Apr 29, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1197 E LAKE DR, NOVI, MI 48377-1438

Mortgage

Document Number	20260034346
Date	Mar 23, 2026
Book Page	61039/138
Instrument	20260034346

Lender

Name	MICHIGAN SCHOOLS & GOVERNMENT CU
Type	Credit Union
Address	CLINTON TOWNSHIP, MI 48038

Agreement

Type	Stand-Alone Second Mortgage
Amount	Amount on Record
Term	180 Months
Due	Mar 15, 2041

April 2025: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	OAKLAND MI
Recording Date	Apr 8, 2025
Property Address	1197 E LAKE DR, NOVI, MI 48377-1438
Document Number	0000042756
Book / Page	60113 / 573
Map Reference	LB 20 PG 2
Instrument Date	Mar 28, 2025
Instrument	42756
Transaction Type	Transfer
Record Updated	Dec 23, 2025

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$8,250.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	1197 E LAKE DR, NOVI, MI 48377-1438

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1197 E LAKE DR, NOVI, MI 48377-1438

Mortgage

Document Number	0006009542
Date	Apr 8, 2025
Instrument	60095/42

Lender

Name	UNITED WHOLESALE MORTGAGE
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Apr 1, 2055

Interest

Rate Type	Adjustable Rate
Rate	6.87%
Adjustable	Adjustable Rate Rider
Type Change Date	Apr 1, 2032
Change Frequency	6 Months
Min Rate At Change	2.75%
Max Rate At Change	10.8%
Index	SOFR Average 30-Day
Max Rate	11.8%

Tax Assessment & Valuation

The 2025 property tax bill for 1197 E Lake Dr was $12,242 with a homeowner's exemption, up 3% from the year before.

Source: Oakland County assessment roll, as of January 21, 2026

Property Jurisdictions

Type	Name
State	Michigan
County	Oakland County
Municipality	Novi City
Unified School District	Walled Lake Consolidated Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$12,242.00 (+3.03%)
2024	$11,882.00 (-0.87%) Homeowner's exemption
2023	$11,986.00 (+6.33%) Homeowner's exemption	$462,870	$925,740
2022	$11,272.00

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 1197 E Lake Dr in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective December 8, 2024

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 1197 E Lake Dr is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 94% of the US · lower than 87% of Michigan
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF NOVI serves 56,780 people · EPA ID MI0004870
Water Source	Purchased surface water from GREAT LAKES WATER AUTHORITY
Last State Inspection	Oct 2025
Lead	Under 1 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 83 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · DSL in parts of the area	5,000 / 5,000
Spectrum Cable	1,000 / 1,000
Verizon Fixed Wireless	300 / 20

May also be available: Xfinity.

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