NOT LISTED FOR SALE

5141 Mountain Ridge Dr NE Ada, MI 49301

Forest Hills Neighborhood

Estimated Value: $1,142,000 - $1,837,118

6 Beds
6 Baths
7,823 Sq Ft
$203/Sq Ft Est. Value

Last Sold June 26, 2013

Last sale price $780,000 $100 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $10,169/month

170 Days on Market

Highlights

  • 10 Acre Lot
  • Recreation Room
  • Attached Garage
  • Knapp Forest Elementary School Rated A
  • Fireplace
  • Living Room

About This Home

As of June 2013

This former Parade Home is privately situated on 10 acres and provides panoramic views of Ada townships hills & valleys. Particular characteristics to note are the all brick exterior, Southern exposure, in floor heat on all 3 levels, all floors are gypcrete floors, 10' ceilings, a 750 sq. foot media room, 5 masonry fireplaces, master bedroom suites on each level, dual staircases, two gourmet kitchens, cherry-paneled office, 6 inch interior/exterior walls, French doors, an expansive brick/stone patio and a variety of classical architectural elements and details throughout. Meticulously maintained and priced to sell.

Last Agent to Sell the Property

John Postma

RE/MAX of Grand Rapids (FH) License #6502114085 Listed on: 12/11/2012

RE/MAX of Grand Rapids (FH)

Last Buyer's Agent

Jeffrey Schreur

Coldwell Banker Schmidt Realtors License #6502119940

Coldwell Banker Schmidt Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,321

Year Built

  • Built in 1990

Lot Details

  • 10 Acre Lot

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 7,823 Sq Ft Home
  • Central Vacuum
  • Ceiling Fan
  • Fireplace
  • Living Room
  • Dining Area
  • Recreation Room
  • Walk-Out Basement
  • Home Security System

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Iron Water Filter
  • Well
  • Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,321

Year Built

Built in 1990

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1990
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Central Vacuum, Iron Water FIlter, Security System, Wet Bar
  • Fireplace: Yes
  • Total Bedrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Basement: Walk Out
  • LivingArea: 7823.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 798000.0
  • Lot Features: Wooded
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes

Utilities

  • Sewer: Septic System
  • Utilities: Telephone Line, Cable Connected
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 2000.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Lot Info

  • Lot Size Acres: 10.0
  • Lot Size Area: 10.0
  • Lot Size Sq Ft: 435600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2012
Closed on
Jun 26, 2013
Sold by
Kidwai Farook J and Kidwai Yasmin F
Bought by
Matthew J Missed Trust
Seller's Agent
John Postma
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Jeffrey Schreur
Coldwell Banker Schmidt Realtors
List Price
$798,000
Sold Price
$780,000
Premium/Discount to List
-$18,000
-2.26%
Current Estimated Value
$1,586,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$806,039
Avg. Annual Appreciation
6.65%
Original Mortgage
$417,000
Interest Rate
4.49%
Mortgage Type
New Conventional
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
Matthew J Missed Trust $780,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Missad Matthew J $750,000
Closed Missad Matthew J $207,000
Closed Matthew J Missad Trust $417,000
Previous Owner Kidwai Farook J $725,000
Previous Owner Kidwai Farook J $200,000
Previous Owner Kidwai Farook J $845,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2013 06/26/13 Sold $780,000 -2.3% $100 / Sq Ft
05/30/2013 05/30/13 Pending -- -- --
12/11/2012 12/11/12 For Sale $798,000 -- $102 / 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 $16,321 $772,300 $0 $0
2024 $16,321 $743,000 $0 $0
2023 $25,441 $654,500 $0 $0
2022 $24,705 $538,200 $0 $0
2021 $23,864 $505,500 $0 $0
2020 $14,402 $529,700 $0 $0
2019 $14,014 $466,700 $0 $0
2018 $14,575 $509,600 $0 $0
2017 $14,528 $474,600 $0 $0
2016 $14,014 $449,700 $0 $0
2015 -- $449,700 $0 $0
2013 -- $490,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Postma

    Seller's Agent in 2013

    John Postma

    RE/MAX Michigan

    (616) 975-5623

    122 in this area

    279 Total Sales

    Section Image

  • J

    Buyer's Agent in 2013

    Jeffrey Schreur

    Coldwell Banker Schmidt Realtors

    (616) 957-1680

    5 in this area

    11 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12064027

Southwestern Michigan Association of REALTORS®

APN: 41-15-18-300-022

Michigan Kent County Ada 49301 Forest Hills

5141 Mountain Ridge Dr NE, Ada, MI

This home is located at 5141 Mountain Ridge Dr NE, Ada, MI 49301 since 11 December 2012 and is currently estimated at $1,586,039, approximately $202 per square foot. This property was built in 1990. 5141 Mountain Ridge Dr NE is a home located in Kent County with nearby schools including Knapp Forest Elementary School and Eastern High 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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