NOT LISTED FOR SALE

5701 Treebrook Dr NE Unit 5 Ada, MI 49301

Forest Hills Neighborhood

Estimated Value: $1,655,000 - $2,216,000

1.26 Acres
$1,488,465 Price per Acre
54,886 Sq Ft Lot

Last Sold December 28, 2012

Last sale price $93,000

Est. 1,917% increase in value since last sale

Current estimated payment $11,376/month

91 Days on Market

About This Lot

As of December 2012

Fantastic lot in a great location!! Come see this 1.2 acre lot in the gated community of Treebrook Estates. A stone throw from Forest Hills Eastern High and Knapp Forest Schools. Perched on a hill; this home has great views.

Last Agent to Sell the Property

Tracy Anderson

Five Star Real Estate (Ada) License #6501335333 Listed on: 09/20/2012

Last Buyer's Agent

Tracy Anderson

Five Star Real Estate (Ada) License #6501335333 Listed on: 09/20/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,151

Lot Details

  • 1.26 Acre Lot
  • Cleared Lot
  • Finished Lot(s)

Property Details

Property Type

Land

Est. Annual Taxes

$11,151

Lot Details

0

Listing Details

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

Exterior Features

  • List Price: 109900.0
  • Lot Features: Buildable, Cleared, Site Condo
  • Road Surface Type: Paved

Lot Info

  • Lot Size Acres: 1.26
  • Lot Size Area: 1.26
  • Lot Size Sq Ft: 54886.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2020
Sold by
Sarsam Tony B and Sarsam Judy
Bought by
Tony And Judith Sarsam Revocable Trust
Current Estimated Value
$1,875,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2019
Sold by
Warner Craig and Warner Diane
Bought by
The Julie K Duisterhof Trust

Purchase Details

Closed on
Feb 17, 2016
Sold by
Fox Douglas and Fox Christen
Bought by
Warner Craig and Warner Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2012
Closed on
Dec 27, 2012
Sold by
Judith K Reed Trust
Bought by
Fox Douglas
Seller's Agent
Tracy Anderson
Five Star Real Estate (Ada)
Buyer's Agent
Tracy Anderson
Five Star Real Estate (Ada)
List Price
$109,900
Sold Price
$93,000
Premium/Discount to List
-$16,900
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.21%

Purchase Details

Closed on
Jul 14, 2011
Sold by
Reed Michael W and Reed Judith K
Bought by
Reed Judith K and Judith K Reed Trust

Purchase Details

Closed on
Sep 5, 2002
Sold by
Egypt Creek Investment Lp
Bought by
Reed Michael W and Reed Judith K
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 Buyer Sale Price Title Company
Tony And Judith Sarsam Revocable Trust -- Grand Rapids Title Co Llc
Sarsam Tony B $1,380,000 Grand Rapids Title Co Llc
The Julie K Duisterhof Trust -- Grand Rapids Title
Warner Craig $980,000 Chicago Title
Fox Douglas $93,000 None Available
Reed Judith K -- None Available
Reed Michael W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Revocab Tony $749,500
Previous Owner Sarsam Tony B $750,000
Previous Owner Warner Craig $637,000
Previous Owner Fox Doug M $580,800
Previous Owner Fox Douglas $582,640
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2012 12/28/12 Sold $93,000 -15.4% --
12/20/2012 12/20/12 Pending -- -- --
09/20/2012 09/20/12 For Sale $109,900 -- --
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 $11,151 $688,400 $0 $0
2024 $11,151 $691,400 $0 $0
2023 $16,095 $593,700 $0 $0
2022 $15,590 $509,300 $0 $0
2021 $14,983 $472,600 $0 $0
2020 $10,105 $473,100 $0 $0
2019 $11,289 $440,800 $0 $0
2018 $17,421 $428,500 $0 $0
2017 $21,301 $392,400 $0 $0
2016 $11,289 $365,000 $0 $0
2015 -- $365,000 $0 $0
2013 -- $41,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12051537

Southwestern Michigan Association of REALTORS®

APN: 41-15-08-151-005