NOT LISTED FOR SALE

5881 Montreux Hills Dr Unit 12 Ada, MI 49301

Forest Hills Neighborhood

Estimated Value: $1,937,000 - $3,212,211

2.63 Acres
$1,005,350 Price per Acre
114,563 Sq Ft Lot

Last Sold March 03, 2015

Last sale price $225,000

Est. 1,075% increase in value since last sale

Current estimated payment $16,302/month

519 Days on Market

Highlights

  • 2.63 Acre Lot
  • Knapp Forest Elementary School Rated A
  • Cul-De-Sac

About This Lot

As of March 2015

Great views in Ada's premiere development - Montreux. Build your dream home on this large private and wooded lot. Minimum square foot requirements are: one story - 2,000sqft, one and a half story - 2,300sqft, twp stpru = 2,800sqft. Outbuildings must be approved and may not exceed 1,200sqft.

Last Agent to Sell the Property

John Postma

RE/MAX of Grand Rapids (FH) License #6502114085 Listed on: 08/20/2013

RE/MAX of Grand Rapids (FH)

Last Buyer's Agent

John Postma

RE/MAX of G.R. Inc. (SE) - I

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,656

Lot Details

  • 2.63 Acre Lot
  • Cul-De-Sac
  • Finished Lot(s)

Property Details

Property Type

Land

Est. Annual Taxes

$4,656

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: 230000.0
  • Lot Features: Buildable, Cul-De-Sac, Wooded
  • Road Surface Type: Paved

Lot Info

  • Lot Size Acres: 2.63
  • Lot Size Area: 2.63
  • Lot Size Sq Ft: 114563.0

Tax Info

  • Tax Annual Amount: 4656.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2020
Sold by
Bd R Executive Custom Homes Inc
Bought by
Custer Mark and Olson-Custer Kellie
Current Estimated Value
$2,644,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2019
Sold by
Einfeld Kevin
Bought by
B D R Executive Custom 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
$1,476,400
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2019
Sold by
Eilers Steven J and Eilers Ashley N
Bought by
Einfeld Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,476,400
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2013
Closed on
Mar 3, 2015
Sold by
Baker Blake Joseph and Baker Sarah
Bought by
Eilers Steven J and Ellers Ashley N
Seller's Agent
John Postma
RE/MAX of Grand Rapids (FH)
Buyer's Agent
John Postma
RE/MAX Of Grand Rapids
List Price
$218,000
Sold Price
$225,000
Premium/Discount to List
$7,000
3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.03%
Original Mortgage
$202,500
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 2, 2012
Sold by
Currie Jason and Currie Alexa
Bought by
Baker Blake Joseph

Purchase Details

Closed on
Nov 5, 2007
Sold by
Pettis Investments Llc
Bought by
Currie Jason and Currie Alexa
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Custer Mark -- First American Title
Custer Mark -- First American Title Ins Co
B D R Executive Custom Homes Inc -- None Available
Einfeld Kevin -- First American Title Ins Co
Eilers Steven J $225,000 First American Title Ins Co
Baker Blake Joseph $210,000 First American Title Ins Co
Currie Jason $240,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Custer Mark T $1,804,730
Closed Custer Mark $184,000
Closed Custer Mark $1,840,000
Previous Owner Einfeld Kevin J $1,476,400
Previous Owner Eilers Steven J $1,800,000
Previous Owner Eilers Steven J $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2015 03/03/15 Sold $225,000 +3.2% --
01/21/2015 01/21/15 Pending -- -- --
08/20/2013 08/20/13 For Sale $218,000 -- --
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 $18,874 $1,092,800 $0 $0
2024 $18,874 $1,087,900 $0 $0
2023 $18,046 $897,900 $0 $0
2022 $26,387 $826,300 $0 $0
2021 $26,787 $844,900 $0 $0
2020 $26,501 $920,400 $0 $0
2019 $28,222 $858,800 $0 $0
2018 $30,998 $1,002,800 $0 $0
2017 $28,591 $196,000 $0 $0
2016 $9,673 $138,800 $0 $0
2015 -- $138,800 $0 $0
2013 -- $96,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13049834

Southwestern Michigan Association of REALTORS®

APN: 41-15-08-102-012