NOT LISTED FOR SALE

690 Hidden Cove Rd NE Ada, MI 49301

Forest Hills Neighborhood

Estimated Value: $1,062,000 - $1,287,000

1.02 Acres
$1,152,179 Price per Acre
44,431 Sq Ft Lot

Last Sold July 01, 2016

Last sale price $87,300

Est. 1,246% increase in value since last sale

Current estimated payment $7,092/month

15 Days on Market

About This Lot

As of July 2016

Fabulous luxury home building site in exclusive gated community along the Grand River Valley. Highlands Cove is a charming 10-site development nestled in the rolling, wooded Ada countryside with a 16-acre conservation area featuring walking trails and open pasture. Highlands Cove and nearby, The Highlands, share a scenic trail system maintained by the co-owners. All sites have unencumbered views to the west over the common open space. The co-owners Design Review Committee to approve all architectural and site plans. Minimum requirements: 2000 SF above grade for one-story, 2400 SF above grade for two-story.

Last Agent to Sell the Property

Maurie Houseman

Greenridge Realty (Cascade) Listed on: 04/12/2016

Last Buyer's Agent

Non Member

Non Member Of Swmric

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $779

Lot Details

  • 1.02 Acre Lot
  • Lot Dimensions are 135x189.25x137x216
  • Finished Lot(s)

Property Details

Property Type

Land

Est. Annual Taxes

$779

Lot Details

0

Listing Details

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

Exterior Features

  • List Price: 97000.0
  • Lot Features: Buildable
  • Waterfront: No

Lot Info

  • Lot Size Acres: 1.02
  • Lot Size Area: 1.02
  • Lot Size Sq Ft: 44431.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 779.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2016
Closed on
Jul 1, 2016
Sold by
Houseman Maurice H
Bought by
Ofield Jay and Ofield Rachel
Seller's Agent
Maurie Houseman
Greenridge Realty (Cascade)
Buyer's Agent
Non Member
Non Member Of Swmric
List Price
$97,000
Sold Price
$87,300
Premium/Discount to List
-$9,700
-10%
Current Estimated Value
$1,175,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,087,923
Avg. Annual Appreciation
33.58%
Original Mortgage
$417,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Ofield Jay $87,300 Chicago Title Of Mi Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ofield Jay W $622,495
Closed Ofield Jay $510,400
Closed Ofield Jay $125,000
Closed Ofield Jay $105,000
Closed Ofield Jay $420,000
Closed Ofield Jay $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2016 07/01/16 Sold $87,300 -10.0% --
04/27/2016 04/27/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $97,000 -- --
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 $6,535 $467,600 $0 $0
2024 $6,535 $422,200 $0 $0
2023 $6,249 $381,000 $0 $0
2022 $9,137 $358,700 $0 $0
2021 $7,876 $335,800 $0 $0
2020 $5,233 $330,600 $0 $0
2019 $533 $285,200 $0 $0
2018 $7,432 $241,200 $0 $0
2017 $6,648 $44,300 $0 $0
2016 $533 $49,000 $0 $0
2015 -- $49,000 $0 $0
2013 -- $49,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16015713

Southwestern Michigan Association of REALTORS®

APN: 41-15-19-425-003