$73,500
SOLD MAY 8, 2014

5059 Mountain Ridge Dr NE Ada, MI 49301

Forest Hills Neighborhood
3.45 Acres
$21,304 Price per Acre
150,282 Sq Ft Lot

Recently Sold

14% Below List Price

723 Days on Market

About This Lot

As of December 2020

Ada Township land for sale! This beautiful 3.45 acre private wooded lot is located in the prestigious, gated Ada Mountain Ridge Development. This neighborhood sits atop the second highest hill in Kent county giving home owners fantastic views in all directions! This large property has a plethora of mature trees to provide shade and privacy from neighbors. A variety of land features give many opportunities to build which ever style home you prefer; rolling hills for a walk-out home, a plateau a top a hill for a sprawling ranch or two-story home... whatever your heart desires! Don't miss this opportunity to build in one of Ada's most sought after neighborhoods!

Last Agent to Sell the Property

Diane Griffin

Keller Williams GR North (Main) License #6502361836 Listed on: 04/02/2012

Keller Williams GR North (Main)

Last Buyer's Agent

Walter Perschbacher

Greenridge Realty (Corp) License #6502431177

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $783

Lot Details

  • 3.45 Acre Lot
  • Finished Lot(s)

Utilities

  • Well

Community Details

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

Property Details

Property Type

Land

Est. Annual Taxes

$783

Lot Details

0

Listing Details

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

Exterior Features

  • List Price: 80000.0
  • Lot Features: Buildable, Wooded
  • Road Surface Type: Paved

Utilities

  • Water Source: Well

Condo/Co-op/Association

  • Association: Yes

Fee Information

  • Association Fee Includes: Snow Removal, Trash

Lot Info

  • Lot Size Acres: 3.45
  • Lot Size Area: 3.45
  • Lot Size Sq Ft: 150282.0

Tax Info

  • Tax Annual Amount: 783.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2020
Closed on
Dec 30, 2020
Sold by
Woods Daniel
Bought by
Allor Ryan D and Herman Sara
Seller's Agent
Hugh Griffith
Keller Williams GR East
Buyer's Agent
Hugh Griffith
Keller Williams GR East
List Price
$1,400,000
Sold Price
$1,350,000
Premium/Discount to List
-$50,000
-3.57%
Current Estimated Value
$1,585,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,941
Avg. Annual Appreciation
4.59%
Original Mortgage
$1,000,000
Outstanding Balance
$893,926
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$769,366

Purchase Details

Listed on
Nov 9, 2016
Closed on
Nov 21, 2016
Sold by
Vanderstel Tim and Puetz Cathrine
Bought by
Woods Daniel
Seller's Agent
Mike Friar
Anchor Realty LLC
Buyer's Agent
Mike Friar
Anchor Realty LLC
List Price
$119,900
Sold Price
$119,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.24%

Purchase Details

Closed on
Mar 5, 2015
Sold by
Elliott Mckone Llc
Bought by
Vanderstel Tim and Puetz Catherine

Purchase Details

Closed on
Sep 5, 2014
Sold by
Oche Mary N
Bought by
Elliot Mckone Llc

Purchase Details

Listed on
Apr 2, 2012
Closed on
May 8, 2014
Sold by
Rechner Stephen F and Rechner Susan G
Bought by
Mochel Mary
Seller's Agent
Diane Griffin
Keller Williams GR North (Main)
Buyer's Agent
Walter Perschbacher
Greenridge Realty (Corp)
List Price
$85,000
Sold Price
$73,500
Premium/Discount to List
-$11,500
-13.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.79%
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 Type Sale Price Title Company
Warranty Deed $1,350,000 Grand Rapids Title
Warranty Deed $119,900 None Available
Quit Claim Deed -- First American Title Ins Co
Warranty Deed $83,500 First American Title Ins Co
Warranty Deed $73,500 Examiners Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Previous Owner $92,000 Unknown
Previous Owner $175,000 Credit Line Revolving
Previous Owner $553,465 Adjustable Rate Mortgage/ARM
Previous Owner $400,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2025 01/30/25 Off Market $1,350,000 -- --
12/30/2020 12/30/20 Sold $1,350,000 -3.6% $300 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
11/16/2020 11/16/20 For Sale $1,400,000 +1067.6% $311 / Sq Ft
11/21/2016 11/21/16 Sold $119,900 0.0% --
11/14/2016 11/14/16 Pending -- -- --
11/09/2016 11/09/16 For Sale $119,900 +63.1% --
05/08/2014 05/08/14 Sold $73,500 -13.5% --
03/26/2014 03/26/14 Pending -- -- --
04/02/2012 04/02/12 For Sale $85,000 -- --
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 $8,723 $536,300 $0 $0
2024 $8,723 $538,500 $0 $0
2023 $12,591 $461,600 $0 $0
2022 $12,196 $398,300 $0 $0
2021 $11,721 $369,700 $0 $0
2020 $7,962 $382,200 $0 $0
2019 $1,959 $365,800 $0 $0
2018 $17,315 $348,700 $0 $0
2017 $1,994 $39,700 $0 $0
2016 $1,959 $39,700 $0 $0
2015 -- $39,700 $0 $0
2013 -- $60,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12017613

Southwestern Michigan Association of REALTORS®

APN: 41-15-18-300-035