NOT LISTED FOR SALE

7098 Ada Depot Dr Unit 2 Ada, MI 49301

Forest Hills Neighborhood

Estimated Value: $624,321 - $692,000

3 Beds
2 Baths
2,012 Sq Ft
$185/mo HOA Fee

Last Sold May 22, 2020

Last sale price $388,000 $193 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,191/month

96 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Central Air
  • Ada Elementary School Rated A
  • Attached Garage
  • High Speed Internet

About This Home

As of May 2020

New high-end luxury condo in the heart of Ada Village. Designed by J. Visser Design and quality built by premier builder Insignia homes. Live in the heart of the newly transformed Ada where you can walk or bike to everything it offers: restaurants, shopping, salons, groceries, recreational activities, and so much more! High quality materials include custom cabinetry, quartz countertops throughout, designer tile, wood flooring, James Hardie cement board siding, and Andersen windows. The unit offers a private porch, extra deep 2-stall garage, an open floor plan, the ability to finish an additional 265 SF in the lower level for a family room, exercise room, or office plus the possibility for a future elevator!

Last Agent to Sell the Property

Ken Grashuis

Greenridge Realty (EGR) License #6501185090 Listed on: 01/02/2020

Last Buyer's Agent

John Postma

RE/MAX Of Grand Rapids License #114085

RE/MAX Of Grand Rapids

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,883

Year Built

  • Built in 2019 | New Construction

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • HardiePlank Siding

Interior Spaces

  • 2,012 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Walk-Out Basement
  • Washer

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Association fees include snow removal, lawn/yard care

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,883

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: Yes
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 2019
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Ceramic Floor, Wood Floor
  • Fireplace Features: Gas Log, Living
  • Fireplace: Yes
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Walk Out
  • LivingArea: 2012.0

Exterior Features

  • Construction Materials: Hard/Plank/Cement Board
  • List Price: 439000.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Natural Gas Connected, Public Water, Public Sewer, Cable Connected, Broadband

Condo/Co-op/Association

  • Association Amenities: Pets Allowed
  • Association Fee: 185.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Snow Removal, Lawn/Yard Care

Lot Info

  • Zoning Description: C1/PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6883.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2020
Closed on
May 22, 2020
Sold by
Bronson Townhomes Llc
Bought by
Postma Valerie R
Seller's Agent
Ken Grashuis
Greenridge Realty (EGR)
Buyer's Agent
John Postma
RE/MAX Of Grand Rapids
List Price
$439,000
Sold Price
$388,000
Premium/Discount to List
-$51,000
-11.62%
Current Estimated Value
$656,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,830
Avg. Annual Appreciation
10.26%
Original Mortgage
$228,000
Outstanding Balance
$203,522
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$438,745
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
Postma Valerie R $388,000 Sun Title Agency Of Mi Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Postma Valerie R $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $388,000 -11.6% $193 / Sq Ft
04/07/2020 04/07/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $439,000 -- $218 / 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 $4,530 $278,600 $0 $0
2024 $4,530 $271,500 $0 $0
2023 $6,939 $240,400 $0 $0
2022 $6,734 $211,900 $0 $0
2021 $6,480 $192,000 $0 $0
2020 $3,633 $170,100 $0 $0
2019 $0 $133,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ken Grashuis

    Seller's Agent in 2020

    Ken Grashuis

    Greenridge Realty (EGR)

    (616) 974-6770

    57 in this area

    187 Total Sales

    Ken Grashuis
    Section Image
  • John Postma

    Buyer's Agent in 2020

    John Postma

    RE/MAX

    (616) 975-5623

    123 in this area

    288 Total Sales

    John Postma
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20000115

Southwestern Michigan Association of REALTORS®

APN: 41-15-28-480-002

Michigan Kent County Ada 49301 Forest Hills

7098 Ada Depot Dr Unit 2, Ada, MI

This home is located at 7098 Ada Depot Dr Unit 2, Ada, MI 49301 since 02 January 2020 and is currently estimated at $656,830, approximately $326 per square foot. This property was built in 2019. 7098 Ada Depot Dr Unit 2 is a home located in Kent County with nearby schools including Ada Elementary School, Central Woodlands 5/6 School, and Central Middle 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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