1505 E Lake Dr, Novi, MI 48377 Property Records

Oakland County property record for 1505 E Lake Dr, Novi, MI 48377

Property Summary

Property Type	Single Family Home
Details	3 bd · 2.5 ba · 1,477 sqft · built 1930
Lot Size	0.08 acres (3,485 sqft)
Owner	2 Individual Names on File
Last Sale	$435,000 (Jul 2021)
Tax Bill	$4,002 (2025)
Deeds & Mortgages	Oct 2025 Transfer Jul 2021 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`50-22-02-329-013`

Property Details

APN / Parcel Number

Primary APN	`50-22-02-329-013`

Interior

Bedrooms	3 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Stories	1 Story
Building Area	1,477 sqft Living Area

Exterior

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

Utilities, Heating & Cooling

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

Location & Zoning

Street Address	1505 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 36, 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	36
Jurisdiction	OAKLAND MI
Township / Civil Division	NOVI
Census Block Group	1
Census Block	1002
Census Tract	136101

Owner

1505 E Lake Dr is owned and occupied by two individuals who acquired it in September 2025.

Source: Oakland County records, as of August 18, 2026

Owner of Record	2 Individual Names on File
Mailing Address	1505 E LAKE DR, NOVI, MI 48377-2051
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Husband and Wife

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
Oct 2, 2025	Intrafamily Transfer, Transfer
Jul 26, 2021	Deed of Trust, Mortgage · Conventional Mortgage LEVEL ONE BANK
Jul 27, 2021	Warranty Deed, Transfer SARGENTS TITLE COMPANY, SARGENTS TITLE COMPANY LLC

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Jul 27, 2021 · Amount on File
Deed Sale	Jul 27, 2021 · Amount on File
Prior Sale	Oct 9, 2012 · Amount on File
Deed Document Number	2021185625
Deed Book / Page	56609 / 809
Last Transfer Date	Sep 18, 2025
Transfer Doc	0000124340
Record Updated	Sep 20, 2026

October 2025: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	OAKLAND MI
Recording Date	Oct 2, 2025
Property Address	1505 E LAKE DR, NOVI, MI 48377-2051
Document Number	0000124340
Book / Page	60579 / 725
Map Reference	MB 9 PG 13
Instrument Date	Sep 18, 2025
Instrument	124340
Transaction Type	Transfer
Record Updated	Oct 10, 2025

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	1505 E LAKE DR, NOVI, MI 48377-2051

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1505 E LAKE DR, NOVI, MI 48377-2051

July 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	OAKLAND MI
Property Address	1505 E LAKE DR, NOVI, MI 48377-2051
Transaction Type	Mortgage
Record Updated	Jan 19, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000184723
Date	Jul 26, 2021
Book Page	56603/505
Instrument	184723

Lender

Name	LEVEL ONE BANK
Type	Bank
Address	FARMINGTON, MI 48334

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Aug 1, 2051

Interest

Rate Type	Adjustable Rate
Rate	2.62%
Type Change Date	Aug 1, 2028
Change Frequency	Monthly
Min Rate At Change	3%
Max Rate At Change	7.62%
Index	Other
Margin	3
Max Rate	7.62%

July 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	OAKLAND MI
Recording Date	Jul 27, 2021
Property Address	1505 E LAKE DR, NOVI, MI 48377-2051
Document Number	0000185625
Book / Page	56609 / 809
Map Reference	MB 9 PG 13
Instrument Date	Jul 22, 2021
Instrument	185625
Transaction Type	Transfer
Record Updated	Aug 12, 2022
Title Company	SARGENTS TITLE COMPANY, SARGENTS TITLE COMPANY LLC

Transaction

Amount	Amount on Record
Tax	$3,741.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	4592 ISLAND PARK DR, 4592, NOVI, MI 48377

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1505 E LAKE DR, NOVI, MI 48377-2051

Tax Assessment & Valuation

The 2025 property tax bill for 1505 E Lake Dr was $4,002 with a homeowner's exemption.

Source: Oakland County assessment roll, as of February 4, 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	$4,002.00
2023	$3,999.00 (+1.01%) Homeowner's exemption	$122,280	$244,560
2022	$3,959.00

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 1505 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 1505 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.

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
Also Mapped Here	NORTHVILLE TOWNSHIP
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 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.

Cell Coverage

5G (outdoors only) and 4G LTE

Nearby Properties on E Lake Dr

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