NOT LISTED FOR SALE

8951 5 Mile Rd NE Ada, MI 49301

Estimated Value: $1,003,000 - $1,543,320

25.58 Acres
$49,772 Price per Acre
1,114,265 Sq Ft Lot

Last Sold December 18, 2020

Last sale price $150,000

Est. 749% increase in value since last sale

Current estimated payment $7,746/month

596 Days on Market

About This Lot

As of December 2020

Rockford Schools and build ready. 25.58 acres with development opportunity. PFAS non-detect, soil conditions meet Kent County septic requirements and no association or private road restrictions on size, outbuildings or materials. Quiet country setting yet conveniently close Knapp's Corner, downtown Rockford and Grand Rapids. Call for a private tour, or stop by and walk the property. Equestrian Valley Drive is not available for parking or alternative access to the property.

Last Agent to Sell the Property

Chad Sytsma

Greenridge Realty (EGR) License #6501353016 Listed on: 04/02/2019

Last Buyer's Agent

Chad Sytsma

Greenridge Realty (EGR) License #6501353016 Listed on: 04/02/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,176

Lot Details

  • 25.58 Acre Lot
  • Cleared Lot
  • Finished Lot(s)
  • Zoning described as Rural Res

Property Details

Property Type

Land

Est. Annual Taxes

$12,176

Lot Details

0

Listing Details

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

Exterior Features

  • List Price: 185000.0
  • Lot Features: Buildable, Cleared
  • Topography: {"Level":true}
  • Waterfront: No

Lot Info

  • Lot Size Acres: 25.58
  • Lot Size Area: 25.58
  • Lot Size Sq Ft: 1114265.0
  • Zoning Description: Rural Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2019
Closed on
Dec 18, 2020
Sold by
Winczewski Gregory D
Bought by
Winczewski Gregory D and Winczewski Megan M
Seller's Agent
Chad Sytsma
Greenridge Realty (EGR)
Buyer's Agent
Chad Sytsma
Greenridge Realty (EGR)
List Price
$299,900
Sold Price
$150,000
Premium/Discount to List
-$149,900
-49.98%
Current Estimated Value
$1,273,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,123,160
Avg. Annual Appreciation
55.56%
Original Mortgage
$120,000
Outstanding Balance
$107,860
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$1,165,300
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
Winczewski Gregory D -- Sun Title
Winczewski Gregory D $150,000 Sun Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winczewski Gregory D $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $150,000 -50.0% --
11/18/2020 11/18/20 Pending -- -- --
04/02/2019 04/02/19 For Sale $299,900 -- --
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 $12,176 $625,500 $0 $0
2024 $12,176 $588,500 $0 $0
2023 $5,226 $179,100 $0 $0
2022 $6,020 $121,100 $0 $0
2021 $5,900 $121,100 $0 $0
2020 $3,529 $115,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chad Sytsma

    Seller's Agent in 2020

    Chad Sytsma

    Greenridge Realty (EGR)

    (616) 813-2436

    4 in this area

    117 Total Sales

    Chad Sytsma
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19012082

Southwestern Michigan Association of REALTORS®

APN: 41-11-25-300-031

Michigan Kent County Ada 49301

8951 5 Mile Rd NE, Ada, MI

This home is located at 8951 5 Mile Rd NE, Ada, MI 49301 since 02 April 2019 and is currently estimated at $1,273,160. 8951 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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