NOT LISTED FOR SALE

3926 Egypt Valley Ave NE Ada, MI 49301

Estimated Value: $1,085,000 - $2,089,303

8.02 Acres
$197,899 Price per Acre
349,351 Sq Ft Lot

Last Sold July 13, 2018

Last sale price $225,000

Est. 605% increase in value since last sale

Current estimated payment $9,430/month

456 Days on Market

Highlights

  • 8.02 Acre Lot
  • Knapp Forest Elementary School Rated A
  • Lot Has A Rolling Slope

About This Lot

As of July 2018

(3-OFGREV003) Unbelievable rare opportunity in Forest Hills Eastern Schools.8+ acres of rolling terrain on which to build your dream home. Land is adjacent to over 1300 acres of Cannonsburg State Game Area with miles of trails. Privacy at its best.
Eastbrook Homes is the exclusive builder on this parcel.
Building a brand new Eastbrook home allows you to personalize your home to your individual lifestyle. You’ll love the experience of working with our accredited Interior Designers in our Home Creation Studio where you can add the perfect touches to your home while staying on budget. All homes are E3 Energy Efficient along with other popular features.
Eastbrook Homes is proud to be celebrating its 50th year in the Grand Rapids area, making us a premier home builder of high quality homes.

Last Agent to Sell the Property

Jeff Costello

Eastbrook Realty Listed on: 02/08/2017

Last Buyer's Agent

Jeff Costello

Coldwell Banker Schmidt Realtors

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,679

Lot Details

  • 8.02 Acre Lot
  • Lot Dimensions are 245x217x757x423x757x127
  • Lot Has A Rolling Slope
  • Finished Lot(s)

Utilities

  • Well
  • Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$11,679

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 245x217x757x423x757x127
  • General Property Info:Waterfront3: No
  • Tax Info:Zoning3: Res
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • General Property Info:Property Sub-Type2: Acreage
  • Utilities Attached:Septic: Yes
  • Utilities Attached:Well2: Yes
  • Lot Description:Rolling Hills: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 199900.0
  • Lot Features: Buildable
  • Topography: {"Rolling Hills":true}
  • Waterfront: No

Utilities

  • Water Source: Well

Lot Info

  • Lot Size Acres: 8.02
  • Lot Size Area: 8.02
  • Lot Size Sq Ft: 349462.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2017
Closed on
Aug 20, 2018
Sold by
Irvine Douglas A
Bought by
Irvine Douglas A and Irvine Amy
Seller's Agent
Jeff Costello
Eastbrook Realty
Buyer's Agent
Jeff Costello
Eastbrook Realty
List Price
$199,900
Sold Price
$225,000
Premium/Discount to List
$25,100
12.56%
Current Estimated Value
$1,587,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,362,152
Avg. Annual Appreciation
31.89%
Original Mortgage
$1,200,000
Interest Rate
3.75%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 8, 2017
Closed on
Jun 20, 2018
Sold by
Signature Land Development Corporation
Bought by
Irvine Douglas A
Seller's Agent
Jeff Costello
Eastbrook Realty
Buyer's Agent
Jeff Costello
Eastbrook Realty
List Price
$199,900
Sold Price
$225,000
Premium/Discount to List
$25,100
12.56%

Purchase Details

Closed on
Aug 1, 2016
Sold by
Sharpe George Andrew and Sharpe Melissa Ann
Bought by
Signature Land Development Corporation

Purchase Details

Listed on
Sep 25, 2015
Closed on
Feb 19, 2016
Sold by
Baker Blake and Baker Sarah
Bought by
Sharpe George Andrew and Sharpe Melissa Ann
Seller's Agent
David Schermer
Schermer Realty LLC
Buyer's Agent
Michael McGraw
Eastbrook Realty
List Price
$255,000
Sold Price
$203,000
Premium/Discount to List
-$52,000
-20.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.38%
Original Mortgage
$178,000
Interest Rate
3.81%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 17, 2014
Sold by
Mika James W
Bought by
Baker Blake and Baker Sarah

Purchase Details

Closed on
Sep 25, 2014
Sold by
Mika James W
Bought by
Mika James W and Mika Erik James
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
Irvine Douglas A -- None Available
Irvine Douglas A $225,000 First American Title Ins Co
Signature Land Development Corporation $203,000 None Available
Sharpe George Andrew $203,000 First American Title Ins Co
Baker Blake $155,000 Midstate Title Agency Llc
Mika James W $140,000 Midstate Title Agency Llc
Mika James W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irvine Douglas A $647,000
Open Irvine Douglas A $1,200,000
Closed Irvine Douglas A $1,200,000
Previous Owner Sharpe George Andrew $178,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2018 07/13/18 Sold $225,000 +12.6% --
05/10/2018 05/10/18 Pending -- -- --
02/08/2017 02/08/17 For Sale $199,900 -1.5% --
02/19/2016 02/19/16 Sold $203,000 -20.4% --
01/23/2016 01/23/16 Pending -- -- --
09/25/2015 09/25/15 For Sale $255,000 -- --
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 $11,679 $953,600 $0 $0
2024 $11,679 $899,700 $0 $0
2023 $11,180 $755,700 $0 $0
2022 $18,658 $654,600 $0 $0
2021 $17,954 $602,300 $0 $0
2020 $9,618 $545,600 $0 $0
2019 $2,369 $87,900 $0 $0
2018 $2,369 $47,900 $47,900 $0
2017 $2,394 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17004685

Southwestern Michigan Association of REALTORS®

APN: 41-11-33-300-029