NOT LISTED FOR SALE

7350 Schoolhouse Dr SE Ada, MI 49301

Forest Hills Neighborhood

Estimated Value: $209,000 - $930,113

0.14 Acre
$3,459,793 Price per Acre
6,098 Sq Ft Lot

Last Sold April 23, 2021

Last sale price $215,000

Est. 125% increase in value since last sale

Current estimated payment $3,277/month

1 Day on Market

About This Lot

As of April 2021

Perched among the rolling hills entering the Village of Ada, this rare opportunity awaits you in the executive home sites of RIVERPOINT OF ADA. RiverPoint is a destination neighborhood for those in tune to quality, peace and nature. This community of 22 residential homes is nestled among the trees surrounding The Thornapple River, yet just a short walk into the growing Village of Ada. Experience the river views, The Ada Covered Bridge, the Dam, quaint cozy shops, quiet gathering places, superb restaurants and wonderful cafes. All nestled on a cul-de sac with tress , so just walk it, live it, and LOVE it!!

Last Agent to Sell the Property

Barbara Manus-Averill

Manus Realty License #6501250153 Listed on: 02/16/2021

Last Buyer's Agent

Cheryl Grant

Keller Williams GR North (Main)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,152

Lot Details

  • Cleared Lot
  • Finished Lot(s)
  • Zoning described as VR

HOA Fees

  • $58 Monthly HOA Fees

Community Details

  • Association fees include lawn/yard care, snow removal, trash

Property Details

Property Type

Land

Est. Annual Taxes

$4,152

Lot Details

0

HOA Fees

$58 per month

Listing Details

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

Exterior Features

  • List Price: 215000.0
  • Lot Features: Buildable, Cleared, Sidewalk, Site Condo
  • Road Surface Type: Paved
  • Topography: {"Level":true}
  • Waterfront: No

Condo/Co-op/Association

  • Association Fee: 175.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

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

Lot Info

  • Zoning Description: VR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4152.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2021
Closed on
Apr 23, 2021
Sold by
Copper Woods Ventures Llc
Bought by
Brinkman Gunther and Brinkman Mary Beth
Seller's Agent
Barbara Manus-Averill
Manus Realty
Buyer's Agent
Cheryl Grant
Keller Williams GR North (Main)
List Price
$215,000
Sold Price
$215,000
Current Estimated Value
$484,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,371
Avg. Annual Appreciation
19.97%
Original Mortgage
$500,000
Outstanding Balance
$453,618
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$30,753

Purchase Details

Listed on
Feb 16, 2021
Closed on
Mar 5, 2021
Sold by
Meijer Douglas
Bought by
Copper Woods Ventures Llc
Seller's Agent
Barbara Manus-Averill
Manus Realty
Buyer's Agent
Cheryl Grant
Keller Williams GR North (Main)
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$453,618
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$30,753

Purchase Details

Closed on
Mar 29, 2019
Sold by
Thurswell Sarah Waterman
Bought by
Meijer Douglas

Purchase Details

Closed on
Jan 4, 2018
Sold by
Thornapple Pines Developmet Llc
Bought by
Meijer Douglas
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
Brinkman Gunther $215,000 First American Title Ins Co
Copper Woods Ventures Llc -- None Available
Meijer Douglas -- None Available
Meijer Douglas $195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brinkman Gunther $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2021 04/23/21 Sold $215,000 0.0% --
02/17/2021 02/17/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $215,000 -- --
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 $7,806 $423,600 $0 $0
2024 $7,806 $402,000 $0 $0
2023 $10,371 $379,300 $0 $0
2022 $9,459 $221,100 $0 $0
2021 $3,896 $75,600 $0 $0
2020 $2,453 $81,000 $0 $0
2019 $0 $80,000 $0 $0
2018 $611 $72,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21004666

Southwestern Michigan Association of REALTORS®

APN: 41-15-34-157-018