NOT LISTED FOR SALE

5042 Meadow Springs Trail SE Unit 133 Ada, MI 49301

Forest Hills Neighborhood

Estimated Value: $1,072,000 - $1,160,000

0.03 Acre
$36,689,433 Price per Acre
1,500 Sq Ft Lot

Last Sold November 30, 2012

Last sale price $89,000

Est. 1,137% increase in value since last sale

Current estimated payment $6,534/month

105 Days on Market

About This Lot

As of November 2012

Beautiful lot, ready to build, located in the highly desirable West Village Subdivision. Close to many conveniences such as Forest Hills Groceries, YMCA, Aquatic Center, bike paths as well as easy access to the highway.

Last Agent to Sell the Property

John Postma

RE/MAX of G.R. Inc. (SE) - I Listed on: 07/25/2012

Last Buyer's Agent

John Postma

RE/MAX Of Grand Rapids License #114085

RE/MAX Of Grand Rapids

Property Details

Property Type

  • Land

Lot Details

  • 1,500 Sq Ft Lot
  • Cleared Lot
  • Finished Lot(s)

Community Details

  • Property has a Home Owners Association
  • Association fees include snow removal

Property Details

Property Type

Land

Lot Details

0

Listing Details

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

Exterior Features

  • List Price: 91000.0
  • Lot Features: Buildable, Cleared
  • Road Surface Type: Paved
  • Topography: {"Level":true}

Condo/Co-op/Association

  • Association: Yes

Fee Information

  • Association Fee Includes: Snow Removal

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Area: 0.03
  • Lot Size Sq Ft: 1500.0

Tax Info

  • Tax Annual Amount: 2371.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2024
Sold by
Strotheide Jacob R and Strotheide Mallory A
Bought by
Strotheide Jacob R and Strotheide Mallory A
Current Estimated Value
$1,100,683

Purchase Details

Closed on
Jul 1, 2022
Sold by
Therasse Christopher J and Therasse Ashley N
Bought by
Strotheide Mallory and Strotheide Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2022
Sold by
Longcore Michelle L
Bought by
Therasse Christopher J and Therasse Ashley N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2022
Sold by
Therasse Patricia M
Bought by
Therasse Christopher J and Therasse Ashley N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2016
Sold by
Therasse Chris and Therasse Ashley
Bought by
Therasse Christopher J and Therasse Ashley N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2015
Sold by
Re Development Group Inc
Bought by
Therasse Chris and Therasse Ashley

Purchase Details

Closed on
Mar 13, 2015
Sold by
Ponnuru Vasumathi and Ponnuru Vinoda
Bought by
Re Development Group Inc

Purchase Details

Listed on
Jul 25, 2012
Closed on
Nov 30, 2012
Sold by
Project Cch Llc
Bought by
Ponnuru Vasumathi and Ponnuru Vinoda
Seller's Agent
John Postma
RE/MAX of G.R. Inc. (SE) - I
Buyer's Agent
John Postma
RE/MAX Of Grand Rapids
List Price
$91,000
Sold Price
$89,000
Premium/Discount to List
-$2,000
-2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.64%

Purchase Details

Closed on
Sep 30, 2008
Sold by
M & W Construction Co
Bought by
Project Cch Llc

Purchase Details

Closed on
Jul 30, 2007
Sold by
Project Cch Llc
Bought by
M & W Construction Corp and Legacy Homes
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
Strotheide Jacob R -- None Listed On Document
Strotheide Jacob R -- None Listed On Document
Strotheide Jacob R -- None Listed On Document
Strotheide Mallory $900,000 Ata National Title Group
Therasse Christopher J -- --
Therasse Christopher J -- --
Therasse Christopher J -- Midstate Title Agency Llc
Therasse Chris $630,000 Midstate Title Agency Llc
Re Development Group Inc $112,000 None Available
Ponnuru Vasumathi $89,000 First American Title Ins Co
Project Cch Llc -- Metropolitan Title Company
M & W Construction Corp -- Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strotheide Mallory $650,000
Previous Owner Therasse Christopher J $476,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2012 11/30/12 Sold $89,000 -2.2% --
11/07/2012 11/07/12 Pending -- -- --
07/25/2012 07/25/12 For Sale $91,000 -- --
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 $8,386 $461,900 $0 $0
2024 $8,386 $441,500 $0 $0
2023 $11,911 $385,500 $0 $0
2022 $11,169 $353,200 $0 $0
2021 $10,735 $348,700 $0 $0
2020 $7,133 $337,800 $0 $0
2019 $9,715 $341,500 $0 $0
2018 $10,103 $322,100 $0 $0
2017 $10,074 $309,800 $0 $0
2016 $9,715 $59,200 $0 $0
2015 -- $59,200 $0 $0
2013 -- $59,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12040520

Southwestern Michigan Association of REALTORS®

APN: 41-15-31-126-133