NOT LISTED FOR SALE

2999 W Locust Ln Ada, MI 49301

Estimated Value: $445,000 - $627,000

3.45 Acres
$156,888 Price per Acre
150,282 Sq Ft Lot

Last Sold May 21, 2024

Last sale price $400,000

Est. 35% increase in value since last sale

Current estimated payment $3,592/month

31 Days on Market

Highlights

  • Private Waterfront
  • Home fronts a pond
  • Hilly Lot
  • Pine Ridge Elementary School Rated A
  • 3.45 Acre Lot
  • Wooded Lot

About This Lot

As of May 2024

*Vacant Land* 2999 West Locust Lane features 3.45 acres with water views, surrounding nature and woodlands. This premier lot is one of the most spectacular in the Kennett Square development. Southern exposure, breathtaking views and rolling woodland terrain make this the premier walkout site in the Forest Hills school district. Kennett Square is a development created by Bruce Heys Builders, a Grand Rapids based custom home builder known for their unparalleled craftsmanship. Custom homes feature onsite custom cabinetry, high end appliance packages with the opportunity to design your dream home. *Only 2 custom home vacant lots remain*

Last Agent to Sell the Property

Brenda Pratt

Crown Real Estate Partners Inc License #6501394214 Listed on: 04/12/2024

Last Buyer's Agent

Brenda Pratt

Keller Williams GR North (Main)

Property Details

Property Type

  • Land

Lot Details

  • 3.45 Acre Lot
  • Lot Dimensions are 249x505x48x408x358x226
  • Home fronts a pond
  • Private Waterfront
  • 200 Feet of Waterfront
  • Property fronts a private road
  • Level Lot
  • Hilly Lot
  • Wooded Lot

HOA Fees

  • $83 Monthly HOA Fees

Property Views

  • Water Views

Utilities

  • Natural Gas Connected
  • Well
  • Septic Tank
  • Septic System
  • High Speed Internet

Community Details

Overview

  • Built by Bruce Heys

Recreation

  • Water Access

Property Details

Property Type

Land

Lot Details

3.45 Acres

HOA Fees

$83 per month

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • General Property Info:Lot Dimensions: 249x505x48x408x358x226
  • General Property Info:Waterfront3: Yes
  • Tax Info:Zoning3: residential
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Utilities Attached:Electric4: Yes
  • Lot Description:Level: Yes
  • General Property Info:Property Sub-Type2: Acreage
  • Waterfront Options:Water Frontage3: 200.0
  • Lot Description:Rolling Hills: Yes
  • Location Property Info:Builder Name: Bruce Heys
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Water Well2: Yes
  • Remarks Misc: Public Remarks: *Vacant Land* 2999 West Locust Lane features 3.45 acres with water views, surrounding nature and woodlands. This premier lot is one of the most spectacular in the Kennett Square development. Southern exposure, breathtaking views and rolling woodland terrain make this the premier walkout site in the Forest Hills school district. Kennett Square is a development created by Bruce Heys Builders, a Grand Rapids based custom home builder known for their unparalleled craftsmanship. Custom homes feature onsite custom cabinetry, high end appliance packages with the opportunity to design your dream home. *Only 2 custom home vacant lots remain*
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Builder Name: Bruce Heys
  • List Price: 450000.0
  • Lot Features: Level, Rolling Hills, Buildable, Wooded
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Water Body Name: Private Un-named
  • Waterfront Features: Pond
  • Waterfront: Yes

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Connected, Electricity Connected
  • Water Source: Well
  • Water/Sewer/Septic: Yes

Condo/Co-op/Association

  • Association Amenities: Other
  • Association Fee: 250.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 250.0
  • Water Fea Amenities:Private Frontage: Yes
  • Association Info:Assoc Fee Payable: Quarterly
  • Water Fea Amenities:View: Yes

Lot Info

  • Current Use: Residential
  • Lot Size Acres: 3.45
  • Lot Size Area: 3.45
  • Lot Dimensions: 249x505x48x408x358x226
  • Lot Size Sq Ft: 150282.0
  • Zoning Description: residential

Tax Info

  • Tax Annual Amount: 13880.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
May 21, 2024
Sold by
Kagh Properties Llc
Bought by
Yang 2015 Family Trust
Seller's Agent
Brenda Pratt
Crown Real Estate Partners Inc
Buyer's Agent
Brenda Pratt
Crown Real Estate Partners Inc
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Views
24
Current Estimated Value
$541,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,265
Avg. Annual Appreciation
18.98%

Purchase Details

Closed on
Jun 2, 2022
Sold by
Erickson Michael Lee and Erickson Alyse
Bought by
Kagh Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,993
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 14, 2019
Closed on
Oct 19, 2021
Sold by
Kagh Properties Llc
Bought by
Erickson Michael Lee and Erickson Alyse Lee
Seller's Agent
Valerie Dome
Kishman Realty LLC
Buyer's Agent
Valerie Dome
Kishman Realty LLC
List Price
$425,000
Sold Price
$412,000
Premium/Discount to List
-$13,000
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Original Mortgage
$391,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2021
Sold by
Kagh Properties Llc
Bought by
Kagh Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yang 2015 Family Trust $400,000 First American Title
Kagh Properties Llc $397,000 None Listed On Document
Erickson Michael Lee $412,000 First American Title
Erickson Michael Lee $412,000 First American Title
Kagh Properties Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kagh Properties Llc $398,993
Previous Owner Erickson Michael Lee $391,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2024 05/21/24 Sold $400,000 -11.1% --
05/13/2024 05/13/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $450,000 +9.2% --
10/19/2021 10/19/21 Sold $412,000 -3.1% -- View Prior Sale
06/14/2019 06/14/19 For Sale $425,000 -- --
Source: MichRIC

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 $8,648 $359,200 $0 $0
2024 $86 $310,000 $0 $0
2023 $8,212 $274,400 $0 $0
2022 $13,879 $282,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brenda Pratt

    Seller's Agent in 2024

    Brenda Pratt

    Crown Real Estate Partners Inc

    (616) 340-8129

    16 in this area

    128 Total Sales

    Brenda Pratt
    Section Image
  • Valerie Dome

    Seller's Agent in 2021

    Valerie Dome

    Kishman Realty LLC

    (616) 262-9367

    4 in this area

    5 Total Sales

    Valerie Dome
    Section Image
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Map

Source: MichRIC

MLS Number: 24017397

MichRIC

APN: 41-19-13-100-057

Michigan Kent County Ada 49301

2999 W Locust Ln, Ada, MI

Not Listed for Sale

Lots

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MichRIC Information is deemed reliable but not guaranteed.
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