NOT LISTED FOR SALE

7700 5 Mile Rd NE Ada, MI 49301

Estimated Value: $572,000 - $1,265,560

50 Acres
$17,470 Price per Acre
2,178,000 Sq Ft Lot

Last Sold May 28, 2024

Last sale price $1,250,000

Est. 30% decrease in value since last sale

Current estimated payment $5,319/month

27 Days on Market

Highlights

  • Private Waterfront
  • 50 Acre Lot
  • Wooded Lot
  • Cannonsburg Elementary School Rated A-
  • Wetlands on Lot
  • Home fronts a stream

About This Lot

As of May 2024

Located within the highly desired Rockford School District, this pristine 50 acre parcel (1320' x 1650') offers endless possibilities. Whether you're looking for privacy and a large parcel to homestead or prefer to sub-divide and develop, these opportunities are few and far between. This nature lover's paradise has a meandering creek running through it, possible large pond, and rolling ridge lines with hardwood and pines. Wonderful views and plenty of wildlife. Natural gas is close by and 200 acres of state land across the street. Located very close to Forest Hills and Lowell Schools districts if school-of-choice is desired. Close to ski area, biking and hiking trails, golf and shopping.

Last Agent to Sell the Property

Alan Moore

Keller Williams GR North (Main) License #6506047763 Listed on: 12/28/2023

Keller Williams GR North (Main)

Last Buyer's Agent

Michael McGraw

Eastbrook Realty License #6502351216

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,054

Lot Details

  • 50 Acre Lot
  • Lot Dimensions are 1320' x 1650'
  • Home fronts a stream
  • Private Waterfront
  • 1,500 Feet of Waterfront
  • The property's road front is unimproved
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Finished Lot(s)
  • Property is zoned Rural Res, Rural Res

Utilities

  • Phone Available

Community Details

Overview

  • Property is near a preserve or public land
  • Property is near a ravine

Recreation

  • Recreational Area
  • Water Access
  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$11,054

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 1320' x 1650'
  • General Property Info:Waterfront3: Yes
  • Tax Info:Annual Property Tax: 11054.0
  • Tax Info:Zoning3: Rural Res
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Util Avail at Street:Electric: Yes
  • General Property Info:Property Sub-Type2: Acreage
  • Lot Description:Ravine: Yes
  • Util Avail at Street:Telephone: Yes
  • Waterfront Options:Water Frontage3: 1500.0
  • Lot Description:Rolling Hills: Yes
  • Lot Description:Wetland Area: Yes
  • Lot Description:Adj to Public Land: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 1800000.0
  • Lot Features: Ravine, Rolling Hills, Adj to Public Land, Buildable, Recreational, Wetland Area, Wooded
  • Road Surface Type: Unimproved
  • Water Body Name: Creek
  • Waterfront Features: Private Frontage, Stream
  • Waterfront: Yes

Utilities

  • Utilities: None Connected, Phone Available, Electric Available

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes

Lot Info

  • Current Use: Recreational, Hunting
  • Lot Size Acres: 50.0
  • Lot Size Area: 50.0
  • Lot Dimensions: 1320' x 1650'
  • Lot Size Sq Ft: 2178000.0
  • Zoning Description: Rural Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11054.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2023
Closed on
Jul 16, 2024
Sold by
Jdm4 Land Inv Llc
Bought by
Jdm4 Land Inv Llc
Seller's Agent
Alan Moore
Keller Williams GR North (Main)
Buyer's Agent
Michael McGraw
Eastbrook Realty
List Price
$1,800,000
Sold Price
$1,250,000
Premium/Discount to List
-$550,000
-30.56%
Views
25
Current Estimated Value
$873,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$376,480
Avg. Annual Appreciation
-9.51%

Purchase Details

Listed on
Dec 28, 2023
Closed on
May 28, 2024
Sold by
Natalie L Malstrom Trust and Malstrom Kendal A
Bought by
Jdm4 Land Investments Llc
Seller's Agent
Alan Moore
Keller Williams GR North (Main)
Buyer's Agent
Michael McGraw
Eastbrook Realty
List Price
$1,800,000
Sold Price
$1,250,000
Premium/Discount to List
-$550,000
-30.56%
Views
25

Purchase Details

Listed on
Jun 11, 2018
Closed on
Sep 6, 2018
Sold by
Myslenski Margaret L and The Margaret L Myslenski Trust
Bought by
The Natalie Malstrorn Trust
Seller's Agent
Jason Van Assen
Weichert REALTORS Plat (Main)
Buyer's Agent
Alan Moore
Keller Williams GR North (Main)
List Price
$600,000
Sold Price
$465,000
Premium/Discount to List
-$135,000
-22.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.84%

Purchase Details

Listed on
Jun 11, 2018
Closed on
Sep 5, 2018
Sold by
Myslenski Margaret L
Bought by
Myslenski Margaret L and The Margaret L Myslenski Trust
Seller's Agent
Jason Van Assen
Weichert REALTORS Plat (Main)
Buyer's Agent
Alan Moore
Keller Williams GR North (Main)
List Price
$600,000
Sold Price
$465,000
Premium/Discount to List
-$135,000
-22.5%
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
Jdm4 Land Inv Llc -- First American Title
Jdm4 Land Investments Llc -- First American Title
The Natalie Malstrorn Trust $465,000 Chicago Title Of Michigan In
Myslenski Margaret L -- None Available
Myslenski Margaret L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed The Natalie Malstrorn Trust $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $1,250,000 -30.6% --
01/24/2024 01/24/24 Pending -- -- --
12/28/2023 12/28/23 For Sale $1,800,000 +287.1% --
09/06/2018 09/06/18 Sold $465,000 -22.5% --
08/20/2018 08/20/18 Pending -- -- --
06/11/2018 06/11/18 For Sale $600,000 -- --
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
2024 $7,151 $260,000 $0 $0
2023 $6,832 $250,000 $0 $0
2022 $10,612 $225,000 $0 $0
2021 $10,069 $225,000 $0 $0
2020 $6,233 $212,500 $0 $0
2019 $9,922 $200,000 $0 $0
2018 $4,218 $175,000 $175,000 $0
2017 $4,138 $137,500 $0 $0
2016 $4,061 $137,500 $0 $0
2015 -- $137,500 $0 $0
2013 -- $125,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alan Moore

    Seller's Agent in 2024

    Alan Moore

    Keller Williams GR North (Main)

    (616) 560-5400

    31 in this area

    80 Total Sales

    Alan Moore
    Section Image
  • Michael McGraw

    Buyer's Agent in 2024

    Michael McGraw

    Eastbrook Realty

    (616) 455-0200

    1 in this area

    13 Total Sales

    Michael McGraw
    Section Image
  • Jason Van Assen

    Seller's Agent in 2018

    Jason Van Assen

    Weichert REALTORS Plat (Main)

    (616) 301-2550

    160 Total Sales

    Jason Van Assen
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23145801

Southwestern Michigan Association of REALTORS®

APN: 41-11-34-200-001

Michigan Kent County Ada 49301

7700 5 Mile Rd NE, Ada, MI

This home is located at 7700 5 Mile Rd NE, Ada, MI 49301 since 28 December 2023 and is currently estimated at $873,520. 7700 5 Mile Rd NE is a home located in Kent County with nearby schools including Cannonsburg Elementary School, East Rockford Middle School, and Rockford High School Freshman Center.

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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