NOT LISTED FOR SALE

7273 Schoolhouse Dr SE Unit 4 Ada, MI 49301

Estimated Value: $694,968 - $859,000

3 Beds
2.5 Baths
2,090 Sq Ft
2017 Built

Sale Details

Date Sold: August 16, 2022

Last sale price $628,000 $300 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,800 / mo

15 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Mud Room
  • Ada Elementary School Rated A
  • End Unit
  • Skylights

About This Home

As of August 2022

Exceptionally appointed condo in downtown Ada! Top of the line interior finishes throughout, former model home for the development with finishes at the ''best'' level. End-unit with spacious main floor featuring open concept living room with fireplace, dining area with bay window, well-appointed kitchen with island, half bath, many built-in shelving areas, and gorgeous hardwood flooring. Upper-level primary suite with walk-in closet, 2 additional bedrooms, full bath, and convenient laundry area. Lower-level mudroom and large storage closets connect to attached 2-car garage.
Live in the mix of Ada's shopping, dining, riverfront parks & rec spots, and lively community activities while enjoying the peaceful retreat at the River Point of Ada community of luxury condos and homes Designer window and floor coverings, many closets and built-in storage features, and beautiful interior design touches abound!

Last Agent to Sell the Property

Amy Vernier

JH Realty Partners License #6501427460 Listed on: 07/03/2022

Last Buyer's Agent

Norm Buffum

Bellabay Realty LLC License #6501325678

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,172

Year Built

  • Built in 2017

Lot Details

  • End Unit
  • Private Entrance
  • Shrub
  • Sprinkler System
  • Garden

HOA Fees

  • $234 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof
  • HardiePlank Type

Interior Spaces

  • 2,090 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Low Emissivity Windows
  • Insulated Windows
  • Window Treatments
  • Bay Window
  • Garden Windows
  • Mud Room
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Association fees include snow removal, lawn/yard care, trash
  • $447 HOA Transfer Fee
  • Riverpoint Of Ada Condos
  • Riverpoint Of Ada Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,172

Year Built

Built in 2017

Lot Details

0 Sq Ft Lot

HOA Fees

$234 per month

Parking

2

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Contemporary
  • Stories: 3
  • Year Built: 2017
  • General Property Info:Basement: No
  • General Property Info:Main Level Primary: No
  • Manufactured:Manufactured YN: No
  • General Property Info:Condo Proj Name: RiverPoint of Ada
  • General Property Info:Entry Type: Private
  • General Property Info:Pets YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Oven, Microwave, Dishwasher, Disposal, Dryer, Washer, Range
  • Flooring: Wood
  • Interior Amenities: Garage Door Opener, Kitchen Island, Eat-in Kitchen, Pantry
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Slab
  • LivingArea: 2090.0
  • Window Features: Window Treatments, Garden Window(s), Bay/Bow, Insulated Windows, Low-Emissivity Windows, Skylight(s)

Exterior Features

  • Construction Materials: Brick, HardiPlank Type
  • List Price: 624900.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Patio, Porch
  • Roof: Rubber
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Concrete, Attached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Cable Connected, Natural Gas Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: End Unit, Pets Allowed
  • Association Fee: 234.0
  • Association Fee Frequency: Monthly
  • Association Phone: (616) 443-9090
  • Association: Yes

Association/Amenities

  • Association Info:Assoc Buy in Fee: 447

Fee Information

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

Lot Info

  • Lot Dimensions: 0
  • Zoning Description: 407- Res. Condo

Tax Info

  • Tax Annual Amount: 8171.83
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2022
Closed on
Aug 16, 2022
Sold by
Brown Alexander and Leigh Jesica
Bought by
Komejan Ken and Komejan Robin
Seller's Agent
Amy Vernier
JH Realty Partners
Buyer's Agent
Norm Buffum
Bellabay Realty LLC
List Price
$624,900
Sold Price
$628,000
Premium/Discount to List
$3,100
0.5%
Current Estimated Value
$767,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,742
Avg. Annual Appreciation
5.61%
Original Mortgage
$235,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2021
Sold by
King Daniel W and King Kathleen M
Bought by
Brown Alexander C and Brown Jesica Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2020
Sold by
Randall Kevin E and Randall Christina R
Bought by
Randall Christina M and Christina M Randall Living Tru

Purchase Details

Listed on
Apr 17, 2017
Closed on
Jan 31, 2019
Sold by
Thornapple Pines Development Llc
Bought by
King Daniel W and King Kathleen M
Seller's Agent
Arija Wilcox
Keller Williams GR East
Buyer's Agent
Arija Wilcox
Keller Williams GR North
List Price
$470,989
Sold Price
$472,500
Premium/Discount to List
$1,511
0.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%
Original Mortgage
$283,500
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 18, 2009
Sold by
Amway Capital Corporation
Bought by
Thornapple Pines Development Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Komejan Ken $628,000 Chicago Title
Brown Alexander C $575,000 None Available
Randall Christina M -- None Available
King Daniel W $472,500 None Available
Thornapple Pines Development Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Komejan Ken $235,000
Previous Owner Brown Alexander C $517,500
Previous Owner King Daniel W $283,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2022 08/16/22 Sold $628,000 +0.5% $300 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
07/03/2022 07/03/22 For Sale $624,900 +32.3% $299 / Sq Ft
01/31/2019 01/31/19 Sold $472,500 +0.3% $232 / Sq Ft View Prior Sale
01/28/2019 01/28/19 Pending -- -- --
04/17/2017 04/17/17 For Sale $470,989 -- $231 / Sq Ft
Source: MichRIC

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 $5,939 $321,700 $0 $0
2024 $59 $296,500 $0 $0
2023 $9,180 $273,000 $0 $0
2022 $9,041 $266,300 $0 $0
2021 $8,172 $247,700 $0 $0
2020 $5,101 $238,800 $0 $0
2019 $6,360 $194,700 $0 $0
2018 $7,643 $220,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 22027544

MichRIC

APN: 41-15-34-155-004

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