NOT LISTED FOR SALE

5060 Michigan St NE Ada, MI 49301

Forest Hills Neighborhood

Estimated Value: $1,190,000 - $2,363,512

7 Beds
8 Baths
8,509 Sq Ft
$205/Sq Ft Est. Value

Last Sold May 27, 2015

Last sale price $1,435,000 $169 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $11,016/month

340 Days on Market

Highlights

  • In Ground Pool
  • 10.36 Acre Lot
  • Wood Flooring
  • Knapp Forest Elementary School Rated A
  • Recreation Room
  • Attached Garage

About This Home

As of May 2015

Outstanding 10-acre estate in a prestigious Ada Township location offering spectacular views in private seclusion and yet less than 10 minutes from downtown Grand Rapids. Top-quality custom home overlooking a wooded ravine and boasting over 8500 square feet with guest quarters/in-law apartment. Large barn with recreation room and vehicle storage/wash bay. Garter pool, hot tub, lighted tennis court, extensive play structure, and potential for horse quarters and pasture area. The amenities list is impressive. Unparalleled location, setting, home, and amenities, the combination of which is rarely found. You will be amazed.

Last Agent to Sell the Property

Brad Baker

Greenridge Realty (EGR) License #6501299154 Listed on: 04/28/2014

Last Buyer's Agent

Brad Baker

Greenridge Realty (EGR) License #6501299154 Listed on: 04/28/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,753

Year Built

  • Built in 1973

Lot Details

  • 10.36 Acre Lot

Home Design

  • Brick Exterior Construction
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 8,509 Sq Ft Home
  • Central Vacuum
  • Gas Log Fireplace
  • Living Room
  • Dining Area
  • Recreation Room
  • Walk-Out Basement
  • Home Security System

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Parking

  • Attached Garage
  • Garage Door Opener

Pool

  • In Ground Pool
  • Spa

Utilities

  • Humidifier
  • Well
  • Water Softener is Owned
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,753

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1973
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Built in Oven, Cook Top, Dishwasher, Microwave, Refrigerator
  • Interior Amenities: Central Vacuum, Ceramic Floor, Garage Door Opener, Guest Quarters, Hot Tub Spa, Humidifier, Security System, Water Softener/Owned, Wet Bar, Wood Floor
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Total Bedrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bathrooms: 8
  • Basement: Walk Out
  • LivingArea: 8509.0

Exterior Features

  • Construction Materials: Wood Siding, Brick
  • List Price: 1549000.0
  • Lot Features: Wooded
  • Other Structures: Barn(s)
  • Pool Features: Outdoor/Inground
  • Road Surface Type: Paved
  • Roof: Wood
  • Topography: {"Ravine":true}

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes

Utilities

  • Sewer: Septic System
  • Water Source: Well

Lot Info

  • Lot Size Acres: 10.36
  • Lot Size Area: 10.36
  • Lot Size Sq Ft: 451282.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2014
Closed on
May 27, 2015
Sold by
Baker Randal S and Baker Dawn
Bought by
Juhle Nicholas A and Juhle Danielle D
Seller's Agent
Brad Baker
Greenridge Realty (EGR)
Buyer's Agent
Brad Baker
Greenridge Realty (EGR)
List Price
$1,549,000
Sold Price
$1,435,000
Premium/Discount to List
-$114,000
-7.36%
Current Estimated Value
$1,741,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,878
Avg. Annual Appreciation
2.67%
Original Mortgage
$1,050,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2003
Sold by
Faber Peter and Faber Karen
Bought by
Baker Randal S and Baker Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1990
Bought by
Napieralski Robert and Baker Randal S
Source: Public Records

Range of Values:

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Average Value
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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
Juhle Nicholas A -- None Available
Baker Randal S $1,190,000 Metropolitan Title Co
Napieralski Robert $695,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Juhle Nicholas A $925,000
Closed Juhle Nicholas A $1,050,000
Previous Owner Baker Randal S $800,340
Previous Owner Baker Randal S $60,000
Previous Owner Baker Randal S $952,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2015 05/27/15 Sold $1,435,000 -7.4% $169 / Sq Ft
04/03/2015 04/03/15 Pending -- -- --
04/28/2014 04/28/14 For Sale $1,549,000 -- $182 / Sq Ft
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 $16,753 $1,009,200 $0 $0
2024 $16,753 $893,500 $0 $0
2023 $24,237 $770,100 $0 $0
2022 $23,584 $754,200 $0 $0
2021 $22,666 $750,700 $0 $0
2020 $15,060 $762,400 $0 $0
2019 $22,196 $709,900 $0 $0
2018 $21,389 $675,700 $0 $0
2017 $23,011 $707,900 $0 $0
2016 $22,196 $693,000 $0 $0
2015 -- $693,000 $0 $0
2013 -- $583,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brad Baker

    Seller's Agent in 2015

    Brad Baker

    Greenridge Realty (EGR)

    (616) 965-2623

    8 in this area

    346 Total Sales

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14020941

Southwestern Michigan Association of REALTORS®

APN: 41-15-30-125-012

Michigan Kent County Ada 49301 Forest Hills

5060 Michigan St NE, Ada, MI

This home is located at 5060 Michigan St NE, Ada, MI 49301 since 28 April 2014 and is currently estimated at $1,741,878, approximately $204 per square foot. This property was built in 1973. 5060 Michigan St NE is a home located in Kent County with nearby schools including Knapp Forest Elementary School, Eastern High School, and Ada Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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