$408,700
- Studio
1229 E Lake Dr, Novi, MI 48377
Est. Refi. Payment $2,654/mo*
Refinance Your HomeCurrently Off Market - Sold Oct 12, 1999 for $382,000
Home Value
Trulia Estimate
$409KSince last month
Decreased$10K (-2.3%)Since last year
Decreased$146K (-26.6%)Since last sale
Increased$21K (+5.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +206% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $403K |
| July 2026 | $413K |
| June 2026 | $424K |
| May 2026 | $380K |
| April 2026 | $481K |
| March 2026 | $461K |
| February 2026 | $506K |
| January 2026 | $428K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.37 | Single-Family Home | $323,000 | 09/08/25 | 3 | 2 | 1,500 | |
0.13 | Single-Family Home | $1,600,000 | 06/02/26 | 4 | 4.5 | 3,850 | |
0.21 | Single-Family Home | $1,900,000 | 04/24/26 | 4 | 3.5 | 3,550 | |
0.69 | Single-Family Home | $401,000 | 02/26/26 | 3 | 2 | 1,545 | |
0.28 | Single-Family Home | $500,000 | 11/26/25 | 4 | 3.5 | 2,405 | |
0.52 | Single-Family Home | $300,000 | 09/09/25 | 2 | 1 | 1,000 | |
0.63 | Single-Family Home | $454,000 | 08/03/26 | 3 | 2.5 | 2,117 | |
0.46 | Single-Family Home | $217,000 | 12/02/25 | 2 | 1 | 1,326 | |
0.67 | Single-Family Home | $550,000 | 10/17/25 | 4 | 2.5 | 3,150 | |
0.66 | Single-Family Home | $480,800 | 07/17/26 | 4 | 3.5 | 2,849 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.10 | $357,000 | 3 | 1.5 | 1,413 | Off Market | |
0.13 | $1,600,000 | 4 | 4.5 | 3,850 | Recently Sold | |
0.16 | - | 4 | 1.5 | 1,270 | Off Market | |
0.17 | $1,322,700 | 3 | 3.5 | 3,150 | Off Market | |
0.21 | $1,900,000 | 4 | 3.5 | 3,550 | Recently Sold | |
0.22 | - | 3 | 3.5 | 3,125 | Off Market | |
0.22 | $299,000 | 3 | 1 | 1,000 | For Sale | |
0.22 | - | 3 | 1 | 1,000 | Off Market | |
0.23 | - | - | - | - | Off Market | |
0.26 | $2,775,000 | 4 | 3.5 | 4,251 | For Sale | |
0.28 | $500,000 | 4 | 3.5 | 2,405 | Recently Sold | |
0.24 | $270,000 | 2 | 3.5 | 2,185 | Recently Sold |
Local Information
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Home Highlights
Property Type
Single-Family Home
About this House
This single-family home is located at 1229 E Lake Dr, Novi, MI. 1229 E Lake Dr is in Novi, MI and in ZIP code 48377. This property has a lot size of 4966 sqft.
1229 E Lake Dr, Novi, MI 48377 is a studio single-family home. It last sold for $382,000 on Oct 12, 1999. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $408,700, with a rent estimate of $2,178/month.
Home Details for 1229 E Lake Dr
|
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Property Type / Style Property Type: Single Family Home |
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Lot Area: 4966 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 12, 1999 Source: N/A | Sold | $382,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | Unavailable | $62,020 |
Home facts updated by county records
Market trends in Novi
Last updated July 2026
Avg. sale price
$432K
$26.67KMoM
Sale-to-List Price
100.1%
0.1%MoM
Price per sq ft
$198
$2MoM
Available listings
167
13MoM
Around this home
What Locals Say about Novi
At least 418 Trulia users voted on each feature.
91 % Say car is needed
87 % Say it's dog friendly
82 % Say parking is easy
79 % Say yards are well-kept
75 % Say it's quiet
73 % Say there's holiday spirit
70 % Say people would walk alone at night
70 % Say kids play outside
64 % Say there are sidewalks
63 % Say there's wildlife
53 % Say they plan to stay for at least 5 years
47 % Say neighbors are friendly
45 % Say streets are well-lit
36 % Say it's walkable to grocery stores
31 % Say there are community events
30 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1229 E Lake Dr
- What is 1229 E Lake Dr estimated to be worth?Trulia's estimated value for 1229 E Lake Dr in Novi, MI is $408,700.
- What is the price history for 1229 E Lake Dr?1229 E Lake Dr in Novi, MI last sold for $382,000 in October 1999.
- Is Novi a buyer's or seller's market?Novi is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Novi?The median sale price in Novi is $432K. That is up $26.67K from the prior month.
- How big is the lot at 1229 E Lake Dr?The lot at 1229 E Lake Dr in Novi, MI is about 0.11 acres (4,966 sq ft).