tomo logo

$625,000

Beds
4
Baths
3.0
sq ft
1,744

5900 4 Mile Rd NE, Ada, MI 49301

5900 4 Mile Rd NE

Ada Twp, MI 49301

  • 36 days on market
Priced to sell, this Forest Hills Eastern 4 bed, 3 bath, stunning walk out ranch home is located in Ada on 3.45 beautifully wooded acres with no HOA. Serene and private location yet close to schools, Egypt Valley CC, Cannonsburg, and downtown Ada. Screened in balcony with built in bar table to enjoy the views. Spacious open floor plan with walls of windows and natural light, expansive brick fireplace, newer kitchen with quartz countertops, snack bar and sink, beverage fridge, and stainless steel appliances. Main bedroom boasts ensuite bath and walk-in closet. Lower level includes two additional bedrooms, family room with fireplace, and bonus space perfect for an office or additional storage. Opportunity to add immense value inside and outside in an area filled with million dollar+ homes!Many updates, please see updates and amenities sheet for full list. Incredible opportunity to own a large piece of property in one of the most sought after areas in West Michigan. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$671,213

Lot size

3.45 acres

Price per sq ft

$359

Year built

1972

Annual property taxes

$6,137

Price History

06/26/2024
Realcomp

Realcomp #65024026756

Listed
$625,000
06/24/2024
Realcomp

Realcomp #65024026756

Pending
$625,000
05/29/2024
Realcomp

Realcomp #65024026756

Listed
$625,000
+7.76%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Forest Hills

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$163,992
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$411,008
Cash to seller
$163,992

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Independent Bank

Loan start date

November 2021

Original loan amount

$435,000

Est. remaining balance

$411,008

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Anne L Huff and Alexander N Popowych

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/04/2024 at 11:15 PM

Listing updated: 06/26/2024 at 10:43 AM

Listed by: Sarah M Cortese, RE/MAX United (Beltline) Phone #: (616) 884-2230

MLS: Realcomp #65024026756

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