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7314 Schoolhouse Dr; Ada, MI Property Details

7314 Schoolhouse Dr, Ada, MI is a Condominium that was built in 2021. This property is currently a cash purchase and is not for sale. Our records show that 7314 Schoolhouse Dr has 3 bedrooms, and 3.5 bathrooms, and a total of 3,426 square feet. The lot size of 7314 Schoolhouse Dr is 5,504 square feet.

Off market
7314 Schoolhouse Dr SE Ada, MI 49301
$1,281,000 Listing Price
3 Beds
3.5 Baths
3,426 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 2021
  • Purchase Price: $1,281,000
  • Est. Equity / %: $1,290,000 / 100%
  • Gross Yield: 8.491%
  • APN: 41-15-34-157-003
  • Situs County: Kent
  • Length Of Ownership: 1 year, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3.5

Measurements

  • Total: 3,426/SqFt
  • Lot: 5,504/SqFt
  • Price Per Square Foot: $373.91

Legal Description

  • Description: 411534157003 UNIT 3 * RIVERPOINT OF ADA HOMES KENT COUNTY CONDOMINIUM SUBDIVISION PLAN NO.1016 INSTRUMENT NO.20170203-0010212
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Forest Hills Public Schools
  • Lat / Lon: 42.952595 / -85.48889
  • Subdivision: Riverpoint Of Ada Homes Kent County Cond
  • Property Class: Residential
  • Zoning: VR
  • County Use Code: 401

Amenities

  • Plus Four: 9178
  • Heating: Forced air unit

HOA

  • H O A One: $335
  • H O A Two: $634
  • H O A Amount: $969
  • H O A One Frequency: Monthly
  • H O A Two Frequency: Annual
  • H O A One Name: Riverpoint Of Ada Townhomes Condo Assoc.
  • H O A One Type: Condo  Owner Association
  • H O A Two Name: Acacia Group, Llc
  • H O A Two Type: Condo  Owner Association

Ownership Info

7314 Schoolhouse Dr SE has no associated ownership info
7314 Schoolhouse Dr SE has no associated ownership info.

Taxes

7314 Schoolhouse Dr SE has 8 associated Taxes items

7314 Schoolhouse Dr, Ada, MI pays taxes in Kent County, MI. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $479,700. The APN we've located for 7314 Schoolhouse Dr is 41-15-34-157-003.

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Taxes
  • Assessed Value:  $479,700
  • Assessed Year:  2025
  • Assessed County:  Kent
  • APN:  41-15-34-157-003
  • Tax Amount:  8527
  • Tax Year:  2025
  • Market Value:  959400
  • Market Year:  2025

Tax History

7314 Schoolhouse Dr SE has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $479,700 Land Value Improvement Value Tax Amount $8,527 Change Rate +0.025743% Assessed CR Tax Rate +0.017776%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $8,313 Change Rate -0.356748% Assessed CR Tax Rate
Year 2023 Assessed Value $428,600 Land Value Improvement Value Tax Amount $12,923.4 Change Rate +0.706695% Assessed CR Tax Rate +0.030153%
Year 2022 Assessed Value $393,000 Land Value Improvement Value Tax Amount $7,572.18 Change Rate Assessed CR Tax Rate +0.019268%
Year 2021 Assessed Value $265,500 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $81,000 Land Value Improvement Value Tax Amount $2,452.92 Change Rate +2.980075% Assessed CR Tax Rate +0.030283%
Year 2019 Assessed Value $80,000 Land Value Improvement Value Tax Amount $616.3 Change Rate +0.0095% Assessed CR Tax Rate +0.007704%
Year 2018 Assessed Value $72,500 Land Value Improvement Value Tax Amount $610.5 Change Rate Assessed CR Tax Rate +0.008421%