5432 Ada Dr SE Ada, MI 49301
Forest Hills NeighborhoodEstimated Value: $382,000 - $395,000
3
Beds
2
Baths
2,107
Sq Ft
$185/Sq Ft
Est. Value
Highlights
- Deck
- Recreation Room
- 2 Fireplaces
- Ada Elementary School Rated A
- Wooded Lot
- 2 Car Attached Garage
About This Home
As of May 2020Move-in ready, well maintained, spacious home in sought after Forest Hills School District.
Recently updated kitchen with clean lines, crisp white cabinets, new flooring and gorgeous granite countertops. The kitchen opens up into the dining room with a large window overlooking the park like backyard with pockets of natural areas.
The lower level features fresh paint and new carpet with a sliding glass door leading out onto a enclosed deck area ideal for entertaining. There is plenty of space for a game/pool table in the lower level as well as for just relaxing in front of the exposed brick fireplace. The bonus lower level room can be used as a gym or hobby room. There is a spacious laundry and storage area as well as a conveniently located full bathroom downstairs. The house has extra insulation and a newer high efficiency furnace for maximum energy efficiency.
This home is located three miles from the newly developed Ada village. It is within the highly sought after Forest Hills school district. Walk out of the landscaped front yard and you have access to miles of walking/biking trails.
Last Agent to Sell the Property
Kermath Realty LLC License #6502334057 Listed on: 02/11/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,044
Year Built
- Built in 1977
Lot Details
- 0.58 Acre Lot
- Lot Dimensions are 115x220
- Wooded Lot
- Garden
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Brick Exterior Construction
- Composition Roof
- Aluminum Siding
Interior Spaces
- 2,107 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- 2 Fireplaces
- Gas Log Fireplace
- Window Treatments
- Garden Windows
- Window Screens
- Living Room
- Dining Area
- Recreation Room
- Storm Windows
- Laundry on main level
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Natural lighting in basement
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Septic System
- High Speed Internet
- Phone Available
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2020
Closed on
May 7, 2020
Sold by
Ghareeb David V
Bought by
Williams Joseph and Williams Fleur
Seller's Agent
Jeffry Kermath
Kermath Realty LLC
Buyer's Agent
Melissa Mitchell
Green Square Properties LLC
List Price
$269,000
Sold Price
$253,000
Premium/Discount to List
-$16,000
-5.95%
Total Days on Market
37
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,785
Avg. Annual Appreciation
8.84%
Original Mortgage
$240,350
Outstanding Balance
$215,299
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$174,486
Purchase Details
Closed on
May 30, 2019
Sold by
Ghareeb David V
Bought by
David V Ghareeb Trust
Purchase Details
Closed on
Nov 15, 1993
Sold by
Anderson Marie *
Bought by
Ghareeb David and Ghareeb David
Similar Homes in Ada, MI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Williams Joseph | $253,000 | Clearsteam Title | |
| David V Ghareeb Trust | -- | None Available | |
| Ghareeb David | $104,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Williams Joseph | $240,350 | |
| Previous Owner | Ghareeb David | $57,700 | |
| Previous Owner | Ghareeb David | $67,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/07/2020 05/07/20 | Sold | $253,000 | -5.9% | $120 / Sq Ft |
| 03/19/2020 03/19/20 | Pending | -- | -- | -- |
| 02/11/2020 02/11/20 | For Sale | $269,000 | -- | $128 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $2,611 | $143,400 | $0 | $0 |
| 2023 | $3,768 | $124,700 | $0 | $0 |
| 2022 | $3,650 | $114,300 | $0 | $0 |
| 2021 | $3,510 | $110,700 | $0 | $0 |
| 2020 | $1,439 | $104,000 | $0 | $0 |
| 2019 | $1,966 | $92,600 | $0 | $0 |
| 2018 | $2,044 | $85,900 | $0 | $0 |
| 2017 | $2,037 | $83,700 | $0 | $0 |
| 2016 | $1,966 | $71,500 | $0 | $0 |
| 2015 | -- | $71,500 | $0 | $0 |
| 2013 | -- | $61,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffry Kermath
Seller's Agent in 2020
Jeffry Kermath
Kermath Realty LLC
(734) 649-4903
6 in this area
680 Total Sales
-
Melissa Mitchell
Buyer's Agent in 2020
Melissa Mitchell
Green Square Properties LLC
(616) 308-6304
10 in this area
112 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 20005166
APN: 41-15-31-426-008
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