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7362 Schoolhouse Dr; Ada, MI Property Details

7362 Schoolhouse Dr, Ada, MI is a Condominium. This property is currently a cash purchase and is not for sale. The lot size of 7362 Schoolhouse Dr is 6,004 square feet.

Off market
7362 Schoolhouse Dr SE Ada, MI 49301
$190,000 Listing Price
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Purchase Price: $185,000
  • Est. Equity / %: $1,914,000 / 100%
  • Gross Yield: 4.446%
  • APN: 41-15-34-157-020
  • Situs County: Kent
  • Length Of Ownership: 8 years, 5 months

Measurements

  • Lot: 6,004/SqFt

Legal Description

  • Description: 411534157020 UNIT 20 * RIVERPOINT OF ADA HOMES KENT COUNTY CONDOMINIUM SUBDIVISION PLAN NO.1016 INSTRUMENT
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: 42.95116 / -85.488495
  • 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

7362 Schoolhouse Dr SE has no associated ownership info
7362 Schoolhouse Dr SE has no associated ownership info.

Taxes

7362 Schoolhouse Dr SE has 8 associated Taxes items

7362 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 $428,600. The APN we've located for 7362 Schoolhouse Dr is 41-15-34-157-020.

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Taxes
  • Assessed Value:  $428,600
  • Assessed Year:  2025
  • Assessed County:  Kent
  • APN:  41-15-34-157-020
  • Tax Amount:  10646
  • Tax Year:  2025
  • Market Value:  857200
  • Market Year:  2025

Tax History

7362 Schoolhouse Dr SE has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $428,600 Land Value Improvement Value Tax Amount $10,646 Change Rate +0.473495% Assessed CR Tax Rate +0.024839%
Year 2024 Assessed Value $407,000 Land Value Improvement Value Tax Amount $7,225 Change Rate -0.356703% Assessed CR Tax Rate +0.017752%
Year 2023 Assessed Value $383,700 Land Value Improvement Value Tax Amount $11,231.2 Change Rate +0.70669% Assessed CR Tax Rate +0.029271%
Year 2022 Assessed Value $349,900 Land Value Improvement Value Tax Amount $6,580.69 Change Rate Assessed CR Tax Rate +0.018807%
Year 2021 Assessed Value $306,200 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $291,700 Land Value Improvement Value Tax Amount $6,230.69 Change Rate +1.323419% Assessed CR Tax Rate +0.02136%
Year 2019 Assessed Value $80,000 Land Value Improvement Value Tax Amount $2,681.69 Change Rate +3.392613% Assessed CR Tax Rate +0.033521%
Year 2018 Assessed Value $72,500 Land Value Improvement Value Tax Amount $610.5 Change Rate Assessed CR Tax Rate +0.008421%