NOT LISTED FOR SALE

506 W Abbey Mill Dr SE Unit 28 Ada, MI 49301

Forest Hills Neighborhood

Estimated Value: $529,000 - $659,000

3 Beds
3 Baths
1,556 Sq Ft
$376/Sq Ft Est. Value

About This Home

This home is located at 506 W Abbey Mill Dr SE Unit 28, Ada, MI 49301 and is currently estimated at $584,926, approximately $375 per square foot. 506 W Abbey Mill Dr SE Unit 28 is a home located in Kent County with nearby schools including Ada Elementary School, Central Woodlands 5/6 School, and Central Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2021
Sold by
Chinna-Narayana Oruganti
Bought by
Oruganti Chinna-Narayana and Sontineni Aneesha
Current Estimated Value
$584,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,901
Outstanding Balance
$402,061
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$182,865

Purchase Details

Closed on
Aug 25, 2017
Sold by
Hartwing James and Hartwing Jorgene
Bought by
Ku Vachong and Ku Bobblesee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,920
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2016
Sold by
Eastbrook Homes Inc
Bought by
Hartwig James and Hartwig Jorgene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 9, 2016
Sold by
West Michigan Development Company
Bought by
Eastbrook Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Oruganti Chinna-Narayana -- Grand Rapids Title
Oruganti Chinna-Narayana $489,900 None Listed On Document
Ku Vachong $379,000 First American Title I
Hartwig James $339,490 First American Title Ins Co
Eastbrook Homes Inc $182,280 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oruganti Chinna-Narayana $440,901
Closed Oruganti Chinna-Narayana $440,901
Previous Owner Ku Vachong $303,920
Previous Owner Hartwig James $200,000
Source: Public Records

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 $4,646 $260,900 $0 $0
2024 $4,646 $264,800 $0 $0
2023 $6,706 $227,000 $0 $0
2022 $6,495 $203,400 $0 $0
2021 $5,913 $186,500 $0 $0
2020 $4,010 $189,000 $0 $0
2019 $5,752 $207,600 $0 $0
2018 $5,695 $179,900 $0 $0
2017 $5,692 $0 $0 $0
Source: Public Records

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