NOT LISTED FOR SALE

4823 Spring Ridge NE Ada, MI 49301

Forest Hills Area

Estimated Value: $1,837,471 - $2,291,000

4.12 Acres
$504,731 Price per Acre
179,467 Sq Ft Lot

Sale Details

Date Sold: October 31, 2012

Last sale price $90,000

Est. 2,211% increase in value since last sale

Current estimated payment $12,428 / mo

148 Days on Market

Highlights

  • 4.12 Acre Lot
  • Wooded Lot
  • Cul-De-Sac
  • Knapp Forest Elementary School Rated A

About This Lot

As of October 2012

This is a 4.1 acre situated in the end of the culde-sac in Phase 1 of The Ridge. tons of privavcy and space! This is a rare opportunity to build new in The Ridge. Forest Hills Eastern schools. The lot has an ideal building site along a ridgeline that sits on one of the highest points in the Ridge. This lot is wooded and full of great features to create a beautiful setting for a new custom home.

Last Agent to Sell the Property

David Schermer

Schermer Realty LLC License #6502347370 Listed on: 05/23/2012

Last Buyer's Agent

David Schermer

Schermer Realty LLC License #6502347370 Listed on: 05/23/2012

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,866

Lot Details

  • 4.12 Acre Lot
  • Cul-De-Sac
  • Cleared Lot
  • Wooded Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,866

Lot Details

4.12 Acres

Listing Details

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

Exterior Features

  • List Price: 97500.0
  • Lot Features: Buildable, Cleared, Cul-De-Sac, Wooded
  • Road Surface Type: Paved
  • Topography: {"Rolling Hills":true}

Lot Info

  • Lot Size Acres: 4.12
  • Lot Size Area: 4.12
  • Lot Size Sq Ft: 179467.0

Tax Info

  • Tax Annual Amount: 1866.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2020
Sold by
Bought by
Current Estimated Value
$2,079,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Outstanding Balance
$1,135,503
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$943,987

Purchase Details

Closed on
Dec 8, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Outstanding Balance
$1,135,503
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$943,987

Purchase Details

Closed on
Nov 8, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,750
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 23, 2012
Closed on
Oct 31, 2012
Sold by
Bought by
Seller's Agent
David Schermer
Schermer Realty LLC
Buyer's Agent
David Schermer
Schermer Realty LLC
List Price
$97,500
Sold Price
$90,000
Premium/Discount to List
-$7,500
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.53%

Purchase Details

Listed on
Nov 8, 2010
Closed on
Feb 14, 2012
Sold by
Bought by
Seller's Agent
Ying Xu
Greenridge Realty (Cascade)
Buyer's Agent
Troy Schrock
Epique Real Estate
List Price
$99,900
Sold Price
$70,000
Premium/Discount to List
-$29,900
-29.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.47%

Purchase Details

Closed on
Nov 7, 2007
Sold by
Bought by

Purchase Details

Closed on
Jan 12, 2005
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Ada, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,700,000 First American Title
-- Accommodation
$117,500 Safe Title Inc
-- First American Title Ins Co
$70,000 Chicago Title
$84,500 Chicago Title
$43,098 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,300,000
Previous Owner $880,000
Previous Owner $105,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2012 10/31/12 Sold $90,000 -7.7% --
10/18/2012 10/18/12 Pending -- -- --
05/23/2012 05/23/12 For Sale $97,500 +39.3% --
02/14/2012 02/14/12 Sold $70,000 -29.9% -- View Prior Sale
01/09/2012 01/09/12 Pending -- -- --
11/08/2010 11/08/10 For Sale $99,900 -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,245 $745,300 $0 $0
2024 $119 $748,800 $0 $0
2023 $17,233 $649,500 $0 $0
2022 $16,692 $547,000 $0 $0
2021 $16,042 $506,000 $0 $0
2020 $10,257 $513,200 $0 $0
2019 $2,937 $478,200 $0 $0
2018 $14,567 $502,200 $0 $0
2017 $10,731 $59,500 $0 $0
2016 $2,937 $59,500 $0 $0
2015 -- $59,500 $0 $0
2013 -- $61,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 12015410

MichRIC

APN: 41-15-19-152-008

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