NOT LISTED FOR SALE

3055 W Locust Ln Ada, MI 49301

Forest Hills Neighborhood

Estimated Value: $405,000 - $2,164,642

2.73 Acres
$470,286 Price per Acre
118,919 Sq Ft Lot

Last Sold January 24, 2020

Last sale price $276,450

Est. 364% increase in value since last sale

Current estimated payment $8,101/month

187 Days on Market

Highlights

  • 2.73 Acre Lot
  • Pine Ridge Elementary School Rated A
  • Cul-De-Sac

About This Lot

As of January 2020

One of the most secluded lots in the development, Lot 6 offers a completely wooded space facing the south allowing for a captivating walkout. The almost three acre parcel sits on the cul-de-sac and captures breathtaking views of acres of nature.

Kennett Square is a new development created by Bruce Heys Builders from Ada, Michigan. The property features 30 acres of rolling terrain with gorgeous wooded lots in a secluded setting, yet only minutes away from Ada and Cascade. There are eight executive lots varying from three to four acres, each with its own spectacular views, tucked in this quiet development located in the Forest Hills school district.

Last Agent to Sell the Property

Valerie Dome

Kishman Realty LLC License #6501410399 Listed on: 06/14/2019

Last Buyer's Agent

Valerie Dome

Kishman Realty LLC License #6501410399 Listed on: 06/14/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $750

Lot Details

  • 2.73 Acre Lot
  • Cul-De-Sac
  • Finished Lot(s)

HOA Fees

  • $85 Monthly HOA Fees

Community Details

  • Association fees include snow removal

Property Details

Property Type

Land

Est. Annual Taxes

$750

Lot Details

0

HOA Fees

$85 per month

Listing Details

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

Exterior Features

  • List Price: 285000.0
  • Lot Features: Buildable, Cul-De-Sac, Wooded
  • Road Surface Type: Paved
  • Waterfront: No

Condo/Co-op/Association

  • Association Fee: 255.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Snow Removal

Lot Info

  • Lot Size Acres: 2.73
  • Lot Size Area: 2.73
  • Lot Size Sq Ft: 118919.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 750.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Jan 23, 2020
Sold by
Kagh Properties Llc
Bought by
Durling Luke and Silverman Lora
Seller's Agent
Valerie Dome
Kishman Realty LLC
Buyer's Agent
Valerie Dome
Kishman Realty LLC
List Price
$285,000
Sold Price
$276,450
Premium/Discount to List
-$8,550
-3%
Current Estimated Value
$1,283,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,007,431
Avg. Annual Appreciation
29.39%
Original Mortgage
$248,805
Interest Rate
3.61%
Mortgage Type
New Conventional
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
Durling Luke $276,450 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durling Luke $248,805
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2020 01/24/20 Sold $276,450 -3.0% --
12/18/2019 12/18/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $285,000 -- --
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
2025 $14,519 $845,800 $0 $0
2024 $14,519 $742,800 $0 $0
2023 $28,014 $660,800 $0 $0
2022 $21,107 $443,300 $0 $0
2021 $2,199 $72,900 $0 $0
2020 $459 $72,900 $0 $0
2019 $743 $58,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Valerie Dome

    Seller's Agent in 2020

    Valerie Dome

    Kishman Realty LLC

    (616) 262-9367

    6 in this area

    7 Total Sales

    Valerie Dome
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19027182

Southwestern Michigan Association of REALTORS®

APN: 41-19-13-100-054

Michigan Kent County Ada 49301 Forest Hills

3055 W Locust Ln, Ada, MI

This home is located at 3055 W Locust Ln, Ada, MI 49301 since 14 June 2019 and is currently estimated at $1,283,881. 3055 W Locust Ln is a home located in Kent County with nearby schools including Pine Ridge Elementary School, Central Woodlands 5/6 School, and Central Middle 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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