Oakland County property record for 1503 E Lake Dr, Novi, MI 48377
| Property Type | Single Family Home |
|---|---|
| Details | 1 ba · 856 sqft · built 1930 |
| Lot Size | 0.08 acres (3,485 sqft) |
| Owner | Individual Name on File |
| Last Sale | $375,000 (Nov 2021) |
| Tax Bill | $3,904 (2025) |
| Deeds & Mortgages | Nov 2021 Sale & Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | 50-22-02-329-012 |
| Primary APN | 50-22-02-329-012 |
|---|
| Full Baths | 1 Bath |
|---|---|
| Stories | 1 Story |
| Building Area | 856 sqft Living Area |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 1930 |
|---|---|
| Effective Year Built | Effective 1930 |
| Lot Area | 3,485 sqft (0.08 acres) |
| Lot Dimensions | 110 ft deep x 30 ft wide |
| Heating System | Forced Air with A/C |
|---|---|
| Heating Fuel | Gas |
| Street Address | 1503 E LAKE DR |
|---|---|
| City | NOVI |
| State | MI |
| Zip | 48377-2051 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Local Zoning Code | R-4 |
| Legal Description | T1N, R8E, SEC 2 CHAPMAN WALLED LAKE SUB LOT 35, ALSO ALL OF VAC CHAPMAN DR ADJTO SAME |
| Legal Range | 08E |
| Legal Township | 01N |
| Legal Section | 02 |
| Legal Subdivision | WALLED LAKE SUB |
| Legal Lot Number | 35 |
| Jurisdiction | OAKLAND MI |
| Township / Civil Division | NOVI |
| Census Block Group | 1 |
| Census Block | 1002 |
| Census Tract | 136101 |
1503 E Lake Dr is owned by an individual who bought it in November 2021.
Source: Oakland County records, as of May 27, 2026
| Owner of Record | Individual Name on File |
|---|---|
| Mailing Address | 50301 STARLITE RUN, NORTHVILLE, MI 48168-6856 |
| Owner Type | Individual |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Nov 30, 2021 · Amount on File |
| Deed Sale | Nov 30, 2021 · Amount on File |
| Deed Document Number | 2021265496 |
| Deed Book / Page | 57127 / 580 |
| Prior Transfer Date | Jun 3, 2015 |
| Prior Transfer Doc | 0000157763 |
| Record Updated | Oct 29, 2026 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | OAKLAND MI |
| Recording Date | Nov 30, 2021 |
| Property Address | 1503 E LAKE DR, NOVI, MI 48377-2051 |
| Document Number | 0000265496 |
| Book / Page | 57127 / 580 |
| Map Reference | LB 9 PG 13 |
| Instrument Date | Nov 2, 2021 |
| Instrument | 265496 |
| Transaction Type | Transfer |
| Record Updated | Aug 12, 2022 |
| Title Company | FIRST AMERICAN TITLE, FIRST AMERICAN TITLE INS CO |
| Amount | Amount on Record |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $2,812.50 |
| Amount Accuracy | Full Amount Stated |
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | 5985 COOLEY LAKE RD, 5985, WATERFORD, MI 48327-2906 |
| Name | Verified Name |
|---|---|
| Address | 1503 E LAKE DR, NOVI, MI 48377-2051 |
| Document Number | 0057127582 |
|---|---|
| Date | Nov 30, 2021 |
| Instrument | 57127/582 |
| Name | A BEST FINANCIAL CORPORATION |
|---|---|
| Type | Non-Lending Institution |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 181 Months |
| Due | Dec 1, 2036 |
The 2025 property tax bill for 1503 E Lake Dr was $3,904, up 1.5% from the year before.
Source: Oakland County assessment roll, as of January 21, 2026
| Type | Name |
|---|---|
| State | Michigan |
| County | Oakland County |
| Municipality | Novi City |
| Unified School District | Walled Lake Consolidated Schools (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $3,904.00 (+1.48%) | ||
| 2024 | $3,847.00 (-3.15%) | ||
| 2023 | $3,972.00 (+1.46%) | $79,340 | $158,680 |
| 2022 | $3,915.00 |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
FEMA maps place 1503 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 risk around 1503 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 99.1% of the US · lower than 98.4% of Michigan |
|---|---|
| Wildfire Likelihood | Under 0.01% annual chance |
| Exposure | None beyond ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
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 |
| Also Mapped Here | NORTHVILLE TOWNSHIP |
| Lead | Under 1 ppb (2025) action level 15 ppb |
| 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.
Source: FCC Broadband Data Collection, based on 242 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| AT&T Fiber · Fixed Wireless, DSL in parts of the area | 5,000 / 5,000 |
| Spectrum Cable | 1,000 / 1,000 |
May also be available: Verizon, Xfinity.
5G (outdoors only) and 4G LTE
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