NOT LISTED FOR SALE

7700 5 Mile Rd NE Ada, MI 49301

Cannon Area

Estimated Value: $595,000 - $1,315,110

50 Acres
$18,427 Price per Acre
2,178,000 Sq Ft Lot

Sale Details

Date Sold: May 28, 2024

Last sale price $1,250,000

Est. 26% decrease in value since last sale

Current estimated payment $5,660 / mo

27 Days on Market

Highlights

  • Private Waterfront
  • 50 Acre Lot
  • Stream or River on Lot
  • Cannonsburg Elementary School Rated A-
  • Hilly Lot
  • Wooded Lot

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 License #6506047763 Listed on: 12/28/2023

Keller Williams GR North

Last Buyer's Agent

Michael McGraw

Eastbrook Realty License #6502351216

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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,054

Lot Details

  • 50 Acre Lot
  • Lot Dimensions are 1320' x 1650'
  • Private Waterfront
  • 1,500 Feet of Waterfront
  • The property's road front is unimproved
  • Lot Has A Rolling Slope
  • Hilly Lot
  • Wooded Lot
  • 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
  • Stream or River on Lot
  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$11,054

Lot Details

50 Acres

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • General Property Info:Lot Dimensions: 1320' x 1650'
  • General Property Info:Waterfront3: Yes
  • Tax Info:Zoning3: Rural Res
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: 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
  • Util Avail at Street Electricity Available: Yes
  • Tax Info:Seller_squote_s Annual Property Tax2: 11054.0
  • Remarks Misc: Public Remarks: 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.
  • 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: Stream/Creek
  • Waterfront: Yes

Utilities

  • Utilities: Electricity Available, Phone Available, None

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

Tax Info

  • Tax Annual Amount: 11054.0
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2023
Closed on
Jul 16, 2024
Sold by
Bought by
Seller's Agent
Alan Moore
Keller Williams GR North
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
$921,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$328,630
Avg. Annual Appreciation
-12.78%

Purchase Details

Listed on
Dec 28, 2023
Closed on
May 28, 2024
Sold by
Bought by
Seller's Agent
Alan Moore
Keller Williams GR North
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
Bought by
Seller's Agent
Jason Van Assen
Weichert REALTORS Plat (Main)
Buyer's Agent
Alan Moore
Keller Williams GR North
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
Bought by
Seller's Agent
Jason Van Assen
Weichert REALTORS Plat (Main)
Buyer's Agent
Alan Moore
Keller Williams GR North
List Price
$600,000
Sold Price
$465,000
Premium/Discount to List
-$135,000
-22.5%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Ada, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title
-- First American Title
$465,000 Chicago Title Of Michigan In
-- None Available
-- None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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% -- View Prior Sale
08/20/2018 08/20/18 Pending -- -- --
06/11/2018 06/11/18 For Sale $600,000 -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: MichRIC

MLS Number: 23145801

MichRIC

APN: 41-11-34-200-001

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