NOT LISTED FOR SALE

1585 Lookout Farm Dr NE Unit 43 Ada, MI 49301

Forest Hills Neighborhood

Estimated Value: $1,286,744 - $2,286,000

3.9 Acres
$494,423 Price per Acre
169,884 Sq Ft Lot

Last Sold December 23, 2016

Last sale price $232,000

Est. 731% increase in value since last sale

Current estimated payment $11,422/month

229 Days on Market

Highlights

  • Barn
  • 3.9 Acre Lot
  • Wooded Lot
  • Knapp Forest Elementary School Rated A

About This Lot

As of December 2016

Here is an incredible opportunity to own the last building site in Darby Farms. Slightly elevated site with Western exposure on rear of house. Property includes a 1,440 sq.ft barn. Bring your own builder. 3.9 acres in the Award Winning Forest Hills Eastern School District.

Restrictions: Ranch - 2,200 sq. ft; 1 1/2 story - 2,700 sq. ft; 2 story - 3,300 sq. ft.

Last Agent to Sell the Property

John Postma

RE/MAX of Grand Rapids (FH) License #6502114085 Listed on: 04/20/2016

RE/MAX of Grand Rapids (FH)

Last Buyer's Agent

Nicholas Adado

Five Star Real Estate (Main) License #6501371888

Five Star Real Estate (Main)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,456

Lot Details

  • 3.9 Acre Lot
  • Lot Dimensions are 360x493x360x506
  • Wooded Lot

Farming

  • Barn

Community Details

  • Property has a Home Owners Association
  • Association fees include snow removal

Property Details

Property Type

Land

Est. Annual Taxes

$5,456

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 245000.0
  • Lot Features: Buildable, Wooded
  • Road Surface Type: Paved
  • Waterfront: No

Condo/Co-op/Association

  • Association: Yes

Fee Information

  • Association Fee Includes: Snow Removal

Lot Info

  • Lot Size Acres: 3.9
  • Lot Size Area: 3.9
  • Lot Size Sq Ft: 169884.0
  • Zoning Description: residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5456.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2024
Sold by
Squires Jason and Squires Amy
Bought by
Amy C Squires Family Living Trust and Squires
Total Days on Market
229
Current Estimated Value
$1,928,248

Purchase Details

Listed on
Apr 20, 2016
Closed on
Dec 23, 2016
Sold by
Weldy Jacquelyn R and Jacquelyn R Weldy Revocable Li
Bought by
Squires Jason and Squires Amy
Seller's Agent
John Postma
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Nicholas Adado
Five Star Real Estate (Main)
List Price
$245,000
Sold Price
$232,000
Premium/Discount to List
-$13,000
-5.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.40%
Original Mortgage
$208,800
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 9, 2015
Closed on
Mar 30, 2015
Sold by
Ehle Christopher and Ehle Kelly
Bought by
Jacqueline R Weldy Revocable Living Trus
Seller's Agent
John Postma
RE/MAX of Grand Rapids (FH)
Buyer's Agent
John Postma
RE/MAX Of Grand Rapids
List Price
$240,000
Sold Price
$225,000
Premium/Discount to List
-$15,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.78%

Purchase Details

Listed on
Aug 6, 2014
Closed on
Jan 12, 2015
Sold by
Anna J Bengtson Trust
Bought by
Ehle Kelly and Ehle Christopher
Seller's Agent
Robert Antonini
Coldwell Banker Schmidt Realtors
Buyer's Agent
Robert Antonini
Coldwell Banker Schmidt Realtors
List Price
$234,000
Sold Price
$220,000
Premium/Discount to List
-$14,000
-5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.29%
Original Mortgage
$120,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2011
Sold by
Bengtson Bradley P and Bengston Anna J
Bought by
Bengtson Anna J and The Anna J Bengston Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2009
Sold by
Aeg Development Llc
Bought by
Bengtson Bradley P and Bengtson Anna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 31, 2008
Sold by
Sanderson Scott E and Sanderson Rachel L
Bought by
Aeg Development Llc

Purchase Details

Closed on
Apr 30, 2007
Sold by
George & Kathleen Knevelbaard Trust
Bought by
Sanderson Scott E and Sanderson Rachel L

Purchase Details

Closed on
Feb 10, 2004
Sold by
Tengelsen Clifford L and Tengelsen Joan K
Bought by
C E L A F Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Amy C Squires Family Living Trust -- None Listed On Document
Squires Jason $232,000 First American Title Ins Co
Jacqueline R Weldy Revocable Living Trus $225,000 First American Title
Ehle Kelly $220,000 None Available
Bengtson Anna J -- None Available
Bengtson Bradley P $220,000 None Available
Aeg Development Llc -- None Available
Sanderson Scott E $210,005 Metropolitan Title Company
C E L A F Llc -- --
Knevelbaard George $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Squires Jason A $1,529,600
Previous Owner Squires Jason A $1,529,600
Previous Owner Squires Jason $208,800
Previous Owner Ehle Kelly $120,000
Previous Owner Bengtson Anna J $125,600
Previous Owner Bengtson Bradley P $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2016 12/23/16 Sold $232,000 -5.3% --
12/05/2016 12/05/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $245,000 +8.9% --
03/30/2015 03/30/15 Sold $225,000 -6.3% --
03/16/2015 03/16/15 Pending -- -- --
03/09/2015 03/09/15 For Sale $240,000 +9.1% --
01/13/2015 01/13/15 Sold $220,000 -6.0% --
12/12/2014 12/12/14 Pending -- -- --
08/06/2014 08/06/14 For Sale $234,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $14,273 $884,500 $0 $0
2023 $20,602 $721,100 $0 $0
2022 $19,955 $662,500 $0 $0
2021 $19,178 $705,500 $0 $0
2020 $10,360 $587,800 $0 $0
2019 $5,612 $111,900 $0 $0
2018 $5,561 $112,000 $0 $0
2017 $5,634 $113,700 $0 $0
2016 $5,612 $113,900 $0 $0
2015 -- $113,900 $0 $0
2013 -- $109,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Postma

    Seller's Agent in 2016

    John Postma

    RE/MAX Michigan

    (616) 975-5623

    127 in this area

    298 Total Sales

    John Postma
    Section Image

  • N

    Buyer's Agent in 2016

    Nicholas Adado

    Five Star Real Estate (Main)

    (616) 890-4978

    5 in this area

    71 Total Sales

    Nicholas Adado
    Section Image
  • Robert Antonini

    Seller's Agent in 2015

    Robert Antonini

    Coldwell Banker Schmidt Realtors

    (616) 949-9400

    48 in this area

    170 Total Sales

    Robert Antonini
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16017521

Southwestern Michigan Association of REALTORS®

APN: 41-15-16-151-044

Michigan Kent County Ada 49301 Forest Hills

1585 Lookout Farm Dr NE Unit 43, Ada, MI

This home is located at 1585 Lookout Farm Dr NE Unit 43, Ada, MI 49301 since 20 April 2016 and is currently estimated at $1,928,248. 1585 Lookout Farm Dr NE Unit 43 is a home located in Kent County with nearby schools including Knapp Forest Elementary School and Eastern High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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