NOT LISTED FOR SALE

2350 Fair Ridge Dr NE Unit 5 Ada, MI 49301

Forest Hills Neighborhood

Estimated Value: $921,000 - $1,143,776

3 Beds
1.5 Baths
1,963 Sq Ft
$526/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $485,000 $247 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $6,286/month

246 Days on Market

Highlights

  • 5.19 Acre Lot
  • 1 Fireplace
  • Level Lot
  • Murray Lake Elementary School Rated A
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of February 2020

Opportunity calls in a Premium Location for a New Build or Re-Hab of the existing property on site. Located in a Gated Community at Valley Ridge this Unique Equestrian Parcel includes: 5.2 acres, 2 fenced pastures, a 80x33 barn & riding arena. Room for horses, walk to Egypt Valley Country Club, and a short drive to Knapp's Corner. Seller is a licensed builder, builder rights apply to this property.

Last Agent to Sell the Property

Brian Bartholomew

RE/MAX of Grand Rapids (FH) License #6501360176 Listed on: 05/16/2019

RE/MAX of Grand Rapids (FH)

Last Buyer's Agent

Linda Pell

Berkshire Hathaway HomeServices Michigan Real Estate (Cascade) License #6502412857

Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,784

Year Built

  • Built in 1977

Lot Details

  • 5.19 Acre Lot
  • Lot Dimensions are 304x592x467x236x187x90x57
  • Level Lot
  • Flag Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,963 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Walk-Out Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic System

Community Details

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,784

Year Built

Built in 1977

Lot Details

0

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: 304x592x467x236x187x90x57
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1963.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 3784.0
  • Tax Info:Zoning3: RES
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Lot Description:Level: Yes
  • General Property Info:Fireplace: Yes
  • Substructure:Walk Out: Yes
  • Water Heater:Natural Gas4: Yes
  • Lot Description:Flag Lot: Yes
  • General Property Info:Condo Proj Name: Valley Ridge Condo Estates
  • General Property Info:SqFt Above Grade: 1963.0
  • General Property Info Garage YN: No
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • 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: 1963.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 485000.0
  • Lot Features: Flag Lot, Level, Recreational
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 5.19
  • Lot Size Area: 5.19
  • Lot Dimensions: 304x592x467x236x187x90x57
  • Lot Size Sq Ft: 226164.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3784.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2024
Sold by
Laine Kellie
Bought by
Laine Kellie and Mracna Alexandra
Current Estimated Value
$1,032,694

Purchase Details

Listed on
May 16, 2019
Closed on
Feb 28, 2020
Sold by
Swanson Jeffrey P
Bought by
Laine Kellie and Laine James Aaron
Seller's Agent
Brian Bartholomew
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Linda Pell
Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)
List Price
$520,000
Sold Price
$485,000
Premium/Discount to List
-$35,000
-6.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.58%

Purchase Details

Closed on
Dec 31, 2018
Sold by
Swanson Kelly
Bought by
Swanson Jeffrey

Purchase Details

Closed on
Jun 27, 2003
Sold by
Bazen Thomas J and Bazen Kimberly S
Bought by
Swanson Jeffrey P and Swanson Kelly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1998
Bought by
Bazen Thomas J and Bazen Kimberly S

Purchase Details

Closed on
Dec 16, 1997
Sold by
Davis Laura L
Bought by
Valley Ridge Llc and Swanson Jeffrey P
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
Laine Kellie -- None Listed On Document
Laine Kellie -- None Listed On Document
Laine Kellie $485,000 Chicago Title Of Mi Inc
Swanson Jeffrey -- None Available
Swanson Jeffrey P $196,000 Fatic
Bazen Thomas J $100,900 Fatic
Bazen Thomas J -- --
Valley Ridge Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swanson Jeffrey P $190,000
Previous Owner Swanson Jeffrey P $50,000
Previous Owner Swanson Jeffrey P $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $485,000 -6.7% $247 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
05/16/2019 05/16/19 For Sale $520,000 -- $265 / 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 $10,001 $543,600 $0 $0
2024 $10,001 $519,600 $0 $0
2023 $19,846 $484,800 $0 $0
2022 $15,460 $309,800 $0 $0
2021 $4,366 $87,400 $0 $0
2020 $2,650 $169,100 $0 $0
2019 $3,522 $153,600 $0 $0
2018 $3,745 $148,900 $0 $0
2017 $3,652 $135,200 $0 $0
2016 $3,522 $114,900 $0 $0
2015 -- $114,900 $0 $0
2013 -- $112,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Bartholomew

    Seller's Agent in 2020

    Brian Bartholomew

    RE/MAX Michigan

    (616) 307-4985

    9 in this area

    145 Total Sales

    Brian Bartholomew
    Section Image
  • Linda Pell

    Buyer's Agent in 2020

    Linda Pell

    Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)

    (616) 813-1436

    7 in this area

    74 Total Sales

    Linda Pell
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19020932

Southwestern Michigan Association of REALTORS®

APN: 41-15-10-301-005

Michigan Kent County Ada 49301 Forest Hills

2350 Fair Ridge Dr NE Unit 5, Ada, MI

This home is located at 2350 Fair Ridge Dr NE Unit 5, Ada, MI 49301 since 16 May 2019 and is currently estimated at $1,032,694, approximately $526 per square foot. This property was built in 1977. 2350 Fair Ridge Dr NE Unit 5 is a home located in Kent County with nearby schools including Murray Lake Elementary School, Lowell Middle School, and Lowell Senior 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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