NOT LISTED FOR SALE

7879 Old Elm Ct Unit 2 Ada, MI 49301

Forest Hills Neighborhood

Estimated Value: $694,000 - $1,120,000

4 Beds
5 Baths
4,015 Sq Ft
$208/Sq Ft Est. Value

Last Sold July 31, 2012

Last sale price $465,000 $116 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,034/month

39 Days on Market

Highlights

  • Private Waterfront
  • Recreation Room
  • Cul-De-Sac
  • Thornapple Elementary School Rated A
  • Wood Flooring
  • Attached Garage

About This Home

As of July 2012

A Handsome Brick Ranch located within easy access to the Village of Ada & Ada Park. A custom built home in 2002. A setting providing views of the lush landscaping & pond from most rooms, this acre parcel is both private & picturesque. Once inside, you will find beautiful hardwood floors throughout the main floor. An open floor plan that is equally suited for entertaining small or large gatherings. Oversized windows across the back of the home, with an orientation to the west provides for an abundance of natural light. The culinary artist will appreciate the gourmet kitchen with center island, stainless appliances & use of granite. Adjacent to the kitchen is the formal dining room, ready for hosting your favorite dinner quests. A master bedroom/bathroom suite, 2nd bedroom w/full bat

Last Agent to Sell the Property

Katie Karczewski

Keller Williams GR East Listed on: 05/24/2012

Keller Williams GR East

Last Buyer's Agent

Michelle Gordon

Five Star Real Estate (Ada) License #6502427384

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,033

Year Built

  • Built in 2002

Lot Details

  • 0.92 Acre Lot
  • Private Waterfront
  • Cul-De-Sac

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 4,015 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room
  • Recreation Room
  • Walk-Out Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Parking

  • Attached Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Bedroom
  • Halls are 36 inches wide or more

Utilities

  • Humidifier
  • Natural Gas Connected
  • Iron Water Filter
  • Well
  • Water Softener is Owned
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Association fees include snow removal

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,033

Year Built

Built in 2002

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Year Built: 2002
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Accessibility Features: 36' or + Hallway, Accessible Mn Flr Bedroom, Accessible Mn Flr Full Bath
  • Interior Amenities: Ceiling Fans, Ceramic Floor, Garage Door Opener, Humidifier, Iron Water FIlter, Water Softener/Owned, Wet Bar, Whirlpool Tub, Wood Floor
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Total Bedrooms: 4
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Walk Out
  • LivingArea: 4015.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 475000.0
  • Lot Features: Cul-De-Sac
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Water Body Name: Pond
  • Waterfront Features: Private Frontage
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes

Utilities

  • Sewer: Septic System
  • Utilities: Electricity Connected, Telephone Line, Natural Gas Connected, Cable Connected, Broadband
  • Water Source: Well

Condo/Co-op/Association

  • Association Amenities: Security
  • Association Fee: 300.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Snow Removal

Lot Info

  • Lot Size Acres: 0.92
  • Lot Size Area: 0.92
  • Lot Size Sq Ft: 40075.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2012
Closed on
Jul 31, 2012
Sold by
Frain Jamie B and Jamie B Frain Trust
Bought by
Cole William L and Cole Jennifer L
Seller's Agent
Katie Karczewski
Keller Williams GR East
Buyer's Agent
Michelle Gordon
Five Star Real Estate (Ada)
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%
Current Estimated Value
$835,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,716
Avg. Annual Appreciation
4.57%
Original Mortgage
$417,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2011
Sold by
Brown John H and Brown Erin
Bought by
Jamie B Frain Trust

Purchase Details

Closed on
May 2, 2008
Sold by
Brown Erin and Rowe Graves Erin
Bought by
Brown John H and Brown Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2005
Sold by
Graves Peter R
Bought by
Rowe Graves Erin
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
Cole William L $465,000 Grand Rapids Title Agency Ll
Jamie B Frain Trust $405,000 Grand Rapids Title
Brown John H -- None Available
Rowe Graves Erin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole William L $417,000
Previous Owner Brown John H $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2012 07/31/12 Sold $465,000 -2.1% $116 / Sq Ft
07/02/2012 07/02/12 Pending -- -- --
05/24/2012 05/24/12 For Sale $475,000 -- $118 / 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 $6,033 $343,700 $0 $0
2024 $6,033 $331,800 $0 $0
2023 $5,768 $295,800 $0 $0
2022 $8,174 $285,100 $0 $0
2021 $7,969 $274,800 $0 $0
2020 $5,386 $268,500 $0 $0
2019 $7,919 $265,400 $0 $0
2018 $7,816 $269,800 $0 $0
2017 $7,787 $265,200 $0 $0
2016 $7,516 $245,600 $0 $0
2015 -- $245,600 $0 $0
2013 -- $222,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12028016

Southwestern Michigan Association of REALTORS®

APN: 41-19-03-226-004