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7389 Schoolhouse Dr; Ada, MI Property Details

7389 Schoolhouse Dr, Ada, MI is a Condominium. This property is currently Cash Purchase,New Construction and is not for sale. The lot size of 7389 Schoolhouse Dr is 33,977 square feet.

Off market
7389 Schoolhouse Dr SE Ada, MI 49301
$725,000 Listing Price
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Purchase Price: $725,000
  • Open Loans / Balance: 1 / $1,757,117
  • Est. Equity / %: $-940,117 / -115.07%
  • Gross Yield: 8.153%
  • APN: 41-15-34-156-003
  • Situs County: Kent
  • Length Of Ownership: 4 years, 2 months

Measurements

  • Lot: 33,977/SqFt

Legal Description

  • Description: 411534156003 THAT PART OF LOT 1 BLK 12 DESC AS COM AT MOST ELY COR OF LOT 2 BLK 12 TH S 51D 19M 07S W ALONG SELY LINE OF SD
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: 42.951683 / -85.48938
  • Property Class: Residential
  • County Use Code: 407

Amenities

  • Plus Four: 9178
  • Heating: Forced air unit

HOA

  • H O A One: $150
  • H O A Amount: $150
  • H O A One Type: Condo  Owner Association

Ownership Info

7389 Schoolhouse Dr SE has no associated ownership info
7389 Schoolhouse Dr SE has no associated ownership info.

Taxes

7389 Schoolhouse Dr SE has 8 associated Taxes items

7389 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 $335,500. The APN we've located for 7389 Schoolhouse Dr is 41-15-34-156-003.

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Taxes
  • Assessed Value:  $335,500
  • Assessed Year:  2025
  • Assessed County:  Kent
  • APN:  41-15-34-156-003
  • Tax Amount:  9568
  • Tax Year:  2025
  • Market Value:  671000
  • Market Year:  2025

Tax History

7389 Schoolhouse Dr SE has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $335,500 Land Value Improvement Value Tax Amount $9,568 Change Rate +2.172414% Assessed CR Tax Rate +0.028519%
Year 2024 Assessed Value $101,500 Land Value Improvement Value Tax Amount $3,016 Change Rate -0.462493% Assessed CR Tax Rate +0.029714%
Year 2023 Assessed Value $109,000 Land Value Improvement Value Tax Amount $5,611.09 Change Rate +13.681799% Assessed CR Tax Rate +0.051478%
Year 2022 Assessed Value $84,600 Land Value Improvement Value Tax Amount $382.18 Change Rate Assessed CR Tax Rate +0.004517%
Year 2021 Assessed Value $75,600 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $81,000 Land Value Improvement Value Tax Amount $372.84 Change Rate Assessed CR Tax Rate +0.004603%
Year 2019 Assessed Value $80,000 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $217,500 Land Value Improvement Value Tax Amount $1,831.79 Change Rate Assessed CR Tax Rate +0.008422%