NOT LISTED FOR SALE

2040 Grand River Dr NE Ada, MI 49301

Forest Hills Neighborhood

Estimated Value: $589,000 - $656,000

3 Beds
1.5 Baths
1,563 Sq Ft
$399/Sq Ft Est. Value

Last Sold October 19, 2023

Last sale price $540,000 $345 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,644/month

5 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • Deck
  • Knapp Forest Elementary School Rated A
  • 3.22 Acre Lot
  • Porch

About This Home

As of October 2023

An incredible opportunity awaits with this stunning waterfront property situated on the picturesque Grand River in Ada. Picture yourself leisurely navigating your boat from your backyard to the recently revitalized downtown Ada, where delightful dinner options await. The existing home features a 3-bedroom, 1.5-bathroom walkout ranch that offers great potential with some updating, or you can seize the chance to build your dream home on this expansive 3.2-acre parcel. With 228 feet of private frontage, the property boasts breathtaking views that will leave you in awe. All of this is complemented by its coveted location in the prestigious Forest Hills school district. This is a rare and remarkable opportunity that should not be missed.

Last Agent to Sell the Property

Cheryl Grant

RE/MAX of Grand Rapids (FH) License #6501328915 Listed on: 09/14/2023

RE/MAX of Grand Rapids (FH)

Last Buyer's Agent

Joshua Shaub

Icon Realty Group LLC License #6502398672

Icon Realty Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,017

Year Built

  • Built in 1977

Lot Details

  • 3.22 Acre Lot
  • Lot Dimensions are 240x585x237x600
  • Private Waterfront
  • 237 Feet of Waterfront
  • Shrub
  • Level Lot
  • Property is zoned RP-2, RP-2

Parking

  • 3 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,563 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Family Room with Fireplace
  • Living Room
  • Carpet
  • Water Views
  • Walk-Out Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Approach with Ramp
  • Accessible Ramps

Outdoor Features

  • Water Access
  • Docks
  • Deck
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Well
  • Septic System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,017

Year Built

Built in 1977

Lot Details

0

Parking

3

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1977
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 240x585x237x600
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1563.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 3016.98
  • Tax Info:Zoning3: RP-2
  • Waterfront Options:Water Access YN: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Electric: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Waterfront Options:Water Frontage3: 237.0
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Heat Type:Hot Water: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Substructure:Walk Out: Yes
  • Utilities Attached:High-Speed Internet: Yes
  • Accessibility Feat:Ramped Entrance: Yes
  • General Property Info:SqFt Above Grade: 1563.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Carpet Floor: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Accessibility Features: Ramped Entrance
  • Flooring: Carpet
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Fireplace Features: Family Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Walk-Out Access
  • LivingArea: 1563.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 1.0
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Family: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 550000.0
  • Lot Features: Level
  • Patio and Porch Features: Deck, Porch(es)
  • Water Body Name: Grand River
  • Waterfront Features: River
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: Yes
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Hot Water
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Available, Electricity Available, Cable Available, Phone Connected, Cable Connected, High-Speed Internet
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:View: Yes
  • Water Fea Amenities:Dock: Yes

Lot Info

  • Lot Size Acres: 3.22
  • Lot Size Area: 3.22
  • Lot Dimensions: 240x585x237x600
  • Lot Size Sq Ft: 140263.0
  • Zoning Description: RP-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3016.98
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Oct 19, 2023
Sold by
Lavonne Wyonna Barnum Living Trust
Bought by
Eissa Omar
Seller's Agent
Cheryl Grant
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Joshua Shaub
Icon Realty Group LLC
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Views
32
Current Estimated Value
$623,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,809
Avg. Annual Appreciation
7.72%
Original Mortgage
$513,000
Outstanding Balance
$503,489
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$120,320

Purchase Details

Closed on
Feb 12, 2010
Sold by
Barnum Lavonne W
Bought by
Barnum Lavonne W and Lavonne Wyonna Barnum Living T
Source: Public Records

Range of Values:

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Average Value
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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
Eissa Omar $540,000 Sun Title
Barnum Lavonne W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eissa Omar $513,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2023 10/19/23 Sold $540,000 -1.8% $345 / Sq Ft
09/19/2023 09/19/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $550,000 -- $352 / Sq Ft
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
2025 $4,046 $231,200 $0 $0
2024 $4,046 $195,300 $0 $0
2023 $3,017 $169,500 $0 $0
2022 $2,922 $142,200 $0 $0
2021 $2,809 $129,200 $0 $0
2020 $1,866 $122,500 $0 $0
2019 $2,548 $111,300 $0 $0
2018 $2,650 $135,200 $0 $0
2017 $2,642 $117,400 $0 $0
2016 $2,548 $88,200 $0 $0
2015 -- $88,200 $0 $0
2013 -- $78,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23133989

Southwestern Michigan Association of REALTORS®

APN: 41-15-07-326-011