Grand Rapids Michigan Real Estate Blog

 

Ada/Cascade Michigan July 4th 2010 Celebrations

Ada MI July 4th Celebration

Friday July 2, 2010 Ada Park – Bike Decorating Day

10:00 AM – 12:00 PM

$4  kids 4-12 yrs who show up with parent or guardian

[fee includes supplies and helpers]

 

Saturday July 3rd, 2010:

Parade Line up 9:30 AM   Parking Lot near McDonalds

4th of July Parade 10:00 AM - 11:00 AM

Entertainment/Activities 11:00 AM- 6:00  PM  Ada Village Green

“On the Green Activities”

New Classic Car Show  Thornapple River Drive

Fireworks Dusk    7590 E Fulton @ Ada Drive  In the Village

Cascade Township July 4th Celebration

Saturday July 3rd 2010:

8:30 AM – 3:30 PM          Friends of the Library Book Sale

Cascade Public Library

9:45 - 10 AM                            Bicycle Parade Staging

Cascade Fellowship Christian Reformed Church

**Parade Participants must wear a bike helmet

10:30 AM                   Main Parade Cascade Rd SE to 28th St, west

up 28th St to Jacksmith

11:30 AM – 3:30 PM    Street Fair Begins Free Games , Rides for kids

& adults, elephant rides, train rides, animal

petting zoo, Food Booths, Clowns & more…..

Cascade Library Grounds

12:-12:45 PM           Live Music by Flashback Stage at Library Grounds

12:55 – 1:15 PM        Ronald McDonald Stage at Library Grounds

1:15PM-2:00PM      Music by Flashback Stage at Library Grounds

2:10 PM – 2:30 PM   F.H.Y. Cheer Pomms Stage at Library Grounds

2:30 –3:15 PM         Music by Flashback Stage at Library Grounds

3:30 PM                  Closing of the Celebration

Fireworks Dusk    7590 East Fulton @ Ada Drive ( Downtown Ada Village

Green across from Amway)

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We have gathered a list of the Top Best Forest Hills Houses

(Ada-Cascade) to buy, based on price per square foot.

Please note: This list can change daily as some homes sell,

prices are adjusted and other homes come on the market.

The homes listed below are probably dated and would need

updating with new carpeting, paint, and kitchen - bath redos

at a minimum to bring them to current market standards.

They might need major repair work done, such as new roofs,

new plumbing, electrical & other major mechanicals.

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

The total square footage is noted here, although only the

main floors are used to figure price per square foot, not the

basement, even if finished.

The list of Top Best Buy Homes for  March 2010 is 24 properties.

The lowest price/Sq Ft for homes range from $45.52 to $79.58 in Forest Hills.

The lowest list price is $59,900 and the highest list price is

$273,000 for March 2010 homes in Forest Hills School District.

This list could include properties in Ada Township, Cascade

Township, Grand Rapids Township, Lowell Township, and the

city of Kentwood.

WARNING: Some of these homes may be bank owned foreclosures, short

sales and not habitable as is or available for a mortgage in present condition.

The Top Forest Hills Homes to Buy by Price per Square Foot:

6230 Lincolnshire Ct      $59,000      1296 SqFt     $45.52/SqFt

6217 Acropolis Dr          $74.900      1316/SqFt     $67.11/SqFt

1417 Grand River Dr       $75,000      1248 SqFt     $60.10/SqFt

3164 Dean Lake Ave      $79,900      1040 SqFt     $76.83/SqFt

2997 Chapshire Dr          $79,900      1116 Sq Ft    $71.59/SqFt

 

6351 Wainscot Dr SE     $80,000      1116 SqFt     $71.68/SqFt

3100 Windcrest Ct         $89,900       1209 SqFt   $74.36/SqFt

3914 Cascade Rd SE       $90,000      1240 SqFt    $72.58/SqFt  

2201 Shady Dr NE          $90,000     2444 Sq Ft    $36.82/SqFt

2049 Rowland Ave        $99,900    1280 Sq Ft      $78.05/SqFt

 

3181 Charlevoix Dr       $99,900     1338 SqFt     $74.66/SqFt

6344 Grand River Dr     $99,900     1275 SqFt    $78.35/SqFt

6455 Cascade Rd SE     $104,000    1818 SqFt   $75.47/SqFt

3747 Bradford St NE    $114,900    1640 SqFt    $70.06/SqFt

3379 Fulton St E         $ 118,000    1985 SqFt   $59.45/SqFt

 

1791 Grand Ct NE       $118,900     1600 Sq Ft   $74.31/SqFt

1787 Park Trail NE      $119,900     1600 Sq Ft   $74.94/SqFt

1773 Park Trail NE      $121,900     1600 Sq Ft   $76.19/SqFt

3333 Park Ridge Ln     $124,300     1600 SqFt    $77.69/SqFt

1789 Grand Ct NE       $124,900     1600 SqFt    $78.06/SqFt

 

3346 Dean Lake Ave  $139,900    2520 Sq Ft    $79.58/SqFt

2309 3 Mile Rd           $149,900    3340 Sq Ft    $70.54/SqFt

205 Shore Haven Dr   $199,900    2652 SqFt    $75.38/SqFt

8801 Fulton St E        $273,000   4132 Sq Ft    $66.07/SqFt

 

More Forest Hills Michigan Real Estate Articles 2009

If you would like to see a particular Top Best Buys Forest Hills

Home, please contact us at 1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

 

We are very fortunate to have such a wonderful entertainment venue in our

Forest Hills Area.  The fabulous Fine Arts Centers Shows this winter-spring season

have something for everyone.  Not only the headlining events like Amy Grant, and

Whose Live Anyway, the local high school events are not exactly the amateur events

I remember from my school days.  The musicals we have seen have had seriously

talented young performers from our local high schools.

 

There are still quite a few shows to catch this season. If you haven't been to our

fabulous gold star LEED performance center, you should stop by and take a look.

It is open every day from 8am to 5 pm with a featured artist-in-residence work

displayed in the lobby.  This month, fiber artist Jo-Ann Van Reeuwyk displays

vessels that explore the concept of containment.

 

 

February 22 - Forest Hills Central -Evening of Percussion 7 pm

 

February 23 - Jazz Night 7 pm

 

March 11 - Cynthia Hagedorn Artist Reception - 6-7:30 pm

 

March 12-13 - Grand Rapids Balley Company Interactive 7:30 pm

 

March 25,26,27 - Forest Hill Central Musical - The Wizard of Oz - 7:30 pm;

+  3:00 pm matinee Mar 27th

 

April 17 - An Evening with Amy Grant  - 7:30 pm

 

April 18 - Grand Rapids Symphony - Percussion Explosion - 3:00 pm

 

April 20 - Forest Hill Public Schools K-12 Student Artists Reception, 6 - 7:30 p.m

 

Thursday, April 29, 2010 - Whose Live Anyway

 

May 26 - National Senior Health and Fitness Day, 9 a.m. - 3 p.m

 

June 3  - International Society of Experimental Artists' Reception, 6 - 7:30 p.m

 

Fine Arts Center 

 

We volunteer at the Fine Arts Center and find it a very entertaining and rewarding

way to give back to our community.  We have ushered shows, taken tickets, handed

out programs, placed posters and guided people to their seats.  The Fine Arts Center

 is a part of the Forest Hills School System but must survive financially on its own,

 which means volunteers are vital to the program. Without volunteers, it wouldn't be

possible to fund the shows and events that take place here to enrich the community.

We have gathered a list of the Top Best Forest Hills Houses

(Ada-Cascade) to buy, based on price per square foot.

Please note: This list can change daily as some homes sell,

prices are adjusted and other homes come on the market.

The homes listed below are probably dated and would need

updating with new carpeting, paint, and kitchen - bath redos

at a minimum to bring them to current market standards.

They might need major repair work done, such as new roofs,

new plumbing, electrical & other major mechanicals.

 

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

The total square footage is noted here, although only the

main floors are used to figure price per square foot, not the

basement, even if finished.

The list of Top Best Buy Homes for  January 2010 is 23 properties.

The lowest price/Sq Ft for homes range from $36.82 to $78.05 in Forest Hills.

The lowest list price is $54,900 and the highest list price is

$288,900 for January 2010 homes in Forest Hills School District.

This list could include properties in Ada Township, Cascade

Township, Grand Rapids Township, Lowell Township, and the

city of Kentwood.

WARNING: Some of these homes may be bank owned foreclosures, short

sales and not habitable as is or available for a mortgage in present condition.

The Top Forest Hills Homes to Buy by Price per Square Foot:

8245 Fulton St E             $54,900      1124 Sq Ft    $48.84/SqFt

2657 Chatham Woods    $63,900       1056 Sq Ft    $78.12/SqFt

2695 Chatham Woods     $64,500        820 Sq Ft    $78.66/SqFt

2650 Knightsbridge Rd   $ 64,900       845 Sq Ft     $76.80/SqFt

2997 Chapshire Dr          $79,900      1116 Sq Ft     $71.59/SqFt

 

6217 Acropolis Dr          $79.900      1316/SqFt     $71.59/SqFt

6381 Wainscot Dr SE     $80,000      1116 Sq Ft     $71.68/SqFt

6351 Wainscot Dr SE     $84,900      1116 SqFt      $76.08 /SqFt

5505 Whitneyville SE     $84,900     1536 Sq Ft     $55.27/SqFt

2201 Shady Dr NE          $90,000     2444 Sq Ft     $36.82/SqFt

 

2049 Rowland Ave       $ 99,900    1280 Sq Ft    $78.05/SqFt

1791 Grand Ct NE       $118,900     1600 Sq Ft   $74.31/SqFt

1787 Park Trail NE      $119,900     1600 Sq Ft   $74.94/SqFt

1773 Park Trail NE      $121,900     1600 Sq Ft   $76.19/SqFt

4950 Knapp St NE      $134,900    1890 Sq Ft    $71.38/SqFt

 

6707 Adaridge Dr       $139,900    1828 Sq Ft    $76.53/SqFt

2328 Dean Lake Ave  $149,900    2757 Sq Ft    $54.37/SqFt

2309 3 Mile Rd           $149,900    3340 Sq Ft     $70.54/SqFt

3206 Oak Hollow Dr    $159,900    2509 Sq Ft    $63.73/Sq/Ft

6769 Woodbrook Dr   $169,900   2247 Sq Ft   $75.61/SqFt

 

4662 E Forest Dr        $174,900   3212 Sq Ft   $79.07/SqFt

5739 E Fulton St        $254,900   4557 Sq Ft   $71.16/SqFt 

8801 Fulton St E        $288,900   4132 Sq Ft   $69.92/SqFt

 

More Forest Hills Michigan Real Estate Articles 2009

 

If you would like to see a particular Top Best Buys Forest Hills

Home, please contact us at 1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

Forest Hills (Ada Cascade) MI Real Estate Absorption Report

Forest Hills is actually a school district in Ada - Cascade MI. This market

is always active. These Grand Rapids suburban communities have

wonderful neighborhoods, some new and some older with Top Ranked

Forest Hills Public Schools, and private schools, such as Ada Christian

& St Roberts that attract  many home owners.

This report will cover the 2009 real estate market activity, which we have

broken down into 3 separate price categories, which have very different

markets emerging for 2009 totals.

Forest Hills MI Listings $ 500,000+

Not much demand and lots of time on the market in the higher price

 brackets of Forest Hills with a 24 month Absorption Rate, which

means it would take 24 months for the current inventory to sell.

 

Active Listings - 88

Average Price - $ 834,266

Pending - 1

Sold - 43

Average sold price: $ 684,349

Average Sold/Sq Ft: $198.52

 

          Forest Hills MI Listings  $250,001 - 499,999

The absorption rate for Forest Hills MI is 9.3 months, which means if no

new listings come on the market, it will take 9.3 months to sell the existing

$250K-499K homes at the current rate of sale.  This rate is down significantly

from  mid-summer rates, but sold prices are still inching downward.  Inventory is

down slightly, but number of sales are holding fairly steady. We aren't back to

a normal market time of 3-6 months yet, but we are heading in that direction.

 

Forest Hills MI Active Listings $250,000 - $499,999

Active Forest Hills Listings: 136

Average price of $358,876

Average price/square foot $160.53

Low price of $254,500

High price of $499,900.

Sold Forest Hills Listings: 152

Average sold price $334,883

Average Sold price/sq ft $ 137.17

Pending Listings: 23

 

Forest Hills Active Listings $50,000 - $250,000

The Absorption rate for Forest Hills homes in this price range is 5.47

months, which means that if no new homes enter the market, at the

current rate of sales, it will take 5.47 months to sell all current inventory.

This is down from last month, but still within normal range, a fast moving

area of the Grand Rapids real estate market.

Forest Hills Active Listings 145

Average Active  Price $182,930

Average Active Price/SqFt $113.75

Average Active Days on the Market  120

High Active Price $250,000

Low Active Price $54,900

Sold Forest Hills Listings 266

Average Sold Price  $ 167,044 

Average Sold Price/sq ft $95.11

Average Sold Days on the Market 90 Days

High Sold Price  $250,000

Low Sold price is $50,100

Pending Sales 29

 

 Forest Hills RE Market Reports 2009

Forest Hills Michigan Public Schools Facelift 2009

 

If you would like specific information about an Ada Cascade or

Forest Hills MI Homes, please contact me directly. 

Copyright 2009  All rights reserved 

Photo of Forest Hills Eastern High School by Bonnie Westbrook

Centennial Park Meadows Condominiums are located just off 28th Street

and Thornapple River Dr. in Cascade, Michigan. The Condos wrap around

the  Centennial Golf Course and community.

This private par 70 golf course has plenty of challenges for golfers at

 every level.  This community also has a clubhouse and restaurant for

members.

 We have relocated several clients into this community and they find it a

 wonderful place to live. Just minutes from 28th Street & Cascade shopping,

 dining and amusements, you are centrally located but tucked away from

the bustle of the area for quiet, serene living and easy access to golf.

                          Centennial Park Meadows Condos 

                             Real Estate Market Report

                                    Jan-Dec 2009

                        0 For Sale,  0 Pending,  11 SOLD

Centennial Condos Active Listings: 0

Centennial Condos Active Average Price - $0

Centennial Condos Active average $/SqFt - $ 0

Centennial Condos Active average days on market - 0

Centennial Condos Sold Listings: 11

Centennial Condos Sold average price - $ 167,409

Centennial Condos Sold average $/SqFt - $ 99.48

Centennial Condos Sold average days on market - 131

The Absorption Rate for Centennial Park Condos is 0 months,

which means if no new listings come on the market, it will take

0 months for the existing condos to sell at the current rate

of sales.  This market is seeing sales and with no condos on the

market, it is difficult to say how long before they would sell, most likely

quickly, if priced correctly. 

The average sold price is higher than it was this winter but

relatively stable this year.

If you would like information about Grand Rapids - Cascade MI Condos

 or Grand Rapids - Cascade MI Homes, please contact me directly. 

If you would like this report emailed to your inbox every month, please

contact us.

Grand Rapids Real Estate - Westbrook Realty

 Copyright 2009  All rights reserved

photo of Golf Equipment by Bonnie Westbrook

The Quail Crest Condo development is located west of Spaulding

 and north of Burton Street in Cascade Township.  There is an

entrance off Spaulding Avenue and off Burton Street. This condo

development was started in the late 1980's and continued building

into the current phase. 

The condos are spacious with cathedral ceilings and many have

finished lower levels with extra bedrooms and baths. This area

has been very attractive for retirees, as they are close to all the

local amenities and shopping but no house maintenance. 

Forest Hills Public Schools are the school district,

Watermark Country Club, Forest Hills  & 28th Street shopping are

 a short distance away.   The miles of Cascade-Ada Bike/Walking Trail 

connects to downtown Cascade, downtown Ada, and 28th St. 

  Quail Crest Condominiums Real Estate  Market Report  

                         Jan-Dec 2009

  4 For Sale, 1 Pending,  10 Sold, 12 Expired

Quail Crest Condos Active Listings: 4

Quail Crest Condos Average Active Price - $237,450 

Quail Crest Condos Average Active Price/SqFt - $ 169.90

Quail Crest Condos Average Active days on market - 74

Quail Crest Condos Sold Listings: 10

Quail Crest Condos average sold price - $175,450

Quail Crest Condos average sold price/SqFt - $ 119.62  

Quail Crest Condos average days on market - 157

 The absorption rate for Quail Crest Condos is 3.6 months, which

means if no new listings come on the market, it will take 3.6 months

for the current inventory of homes to sell at the current rate of sales.

This is much lower than typical  for the Grand Rapids Market.  The average

sold price and the price per square foot has fallen since the spring market.

We have seen some sellers renting instead of selling, waiting for a

return to a seller's market.  That may be the route to take, if you can

play the role of landlord successfully.

Forest Hills MI Real Estate Market Report

If you have further questions about Grand Rapids or

Cascade MI Condos, please contact me directly.  We can

also have these monthly market reports emailed to your

inbox, just contact us.

Grand Rapids MI Real Estate  - Westbrook Realty

Copyright 2009  All rights reserved

photo of Quail Crest Entrance by Bonnie Westbrook

Cascade Neighborhood Absorption Report

Tamarron Estates is an upscale suburban development with large

wooded lots, walking access to Thornapple Elementary School and

 the Thornapple River Backwaters.  It is located just off of

Thornapple River Drive and Cascade Road in Cascade Township.

 The house styles vary from large, comfortable ranches, traditional

 two stories, to contemporary homes.  Many of the homes were built

 in the late 1970's to the mid 1980's, though there is a new street

that has much newer homes on acreage settings.  Some houses close

to and surrounding this development are in the upper price brackets

 in the Grand Rapids real estate market.

                     Tamarron Residential Real Estate  

                       Jan-Dec 2009 Market Report

                      2 Sold,  3 For Sale, 13 Expired

Tamarron Active Listings: 3

Tamarron Average Active Price - $ 346,600

Tamarron Average Active Price/SqFt - $ 98.06

Tamarron Average Active Days on Market - 68

Tamarron  SOLD Listings: 2

Tamarron  Average Sold Price - $ 202,000

Tamarron Average Sold Price/SqFt - $ 79.07

Tamarron Average Sold Days on Market - 66

Tamarron Expired Listings: 13

Tamarron Average Expired Price - $ 472,638

Tamarron Average Expired Price/SqFt - $ 142.86

Tamarron Average Expired Days on Market - 143

At the current selling rate, we have a 18.7 month supply of homes

on the market in Tamarron Estates in Cascade Township.

 

MARKET SYNOPSIS: Tamarron homes are selling but not at the

 prices that sellers would like to see. Today's market is accepting

homes under $100.00 a sq ft. This is a substantial price reduction for

 this area.  As you  can see, the expired sellers think their homes

 will sell at $ 130-150/sq ft.  The two homes that have sold since

January might be distressed sales or foreclosed homes. List prices

have been reduced but not to a realistic price for buyers, as

 evidenced by the 13 homes that expired.

The Absorption rate of 18.7 months is high for the Forest Hills area.

 If you have to sell your Tamarron Estates home now, the market

 place is telling you that you need to be around $100 a sq ft and

 in good condition to see your home sold successfully.

 

Forest Hills Michigan Real Estate Market Reports  2009

If you have questions about the value of your Cascade or Forest Hills

Home, please contact me directly:  terry@terrywestbrook.com or

call me at 1-888-240-1968 ext 0

 Photo of Leslie Tassell Park by Bonnie Westbrook

The East/West  Village subdivision off  Ada Drive in Ada Township is

a fairly new development. The new housing construction started in 2005

and is still continuing to date. You can buy a resale home or a new home

in this centrally located housing development.  Near both public and

private schools, East Village is also close to  Forest Hills and 28th

Street shopping areas. The Ada Bike or Walking Trail also connects

this area on Ada Drive with the village of Ada, Grand Rapids, and the

village of Cascade.

East Village is also close to the I96 expressway for easy access to many

different parts of our greater Grand Rapids area.  Large, executive style

homes with many amenities and extras are the rule in this neighborhood.

If you would like to start with a brand new house in Forest Hills,

this may be the place for you to call home.

Real Estate Market Report East-West Village Jan-Dec 2009

For Sale: 4

East Village Homes average list price: $ 462,450

East Village average price/sq ft (main floor): $ 159.36

East Village average days on the market:112 days

Pending Sales : 1

Sold Homes : 6

East Village SOLD homes average price: $ 413,983

East Village SOLD homes average price/sq ft: $146.43

East Village SOLD homes average days on market: 99 days

Expired: 10

Market Synopsis: East -West Village Homes are selling, if priced correctly.

Buyers are paying from $115-160/SqFt on the main floors, which is down from

last summer's prices.  New construction is priced higher, so an existing

home should be priced lower per square foot than a new one.

The absorption rate for East -West Village is 8 months, which means

 if no new homes enter the marketplace, it will take 8 months

 for the current home inventory (4) to sell.  This is  high for the Ada - Forest

Hills area, it reflects the higher prices of the homes, even though

they are located in Forest Hills.  Higher priced homes are slow movers

on today's market due to buyer's jitters about further market devaluation.

 

 Additional Articles about Ada & Forest Hills, MI

Ada Michigan Real Estate 2009

Forest Hills Michigan Real Estate 2009

If you would like further information about East or West Village, Ada, or

Grand Rapids Homes, please contact me directly.

photo of Ada Bike Trail  by Bonnie Westbrook

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Clements Mill is  a newer home development built by Eastbrook

Construction in the Ada MI area, started in 1999 and completed in

2003. Apart from newer homes, part of the appeal is the proximity

of  Forest Hills Central Middle and High Schools, Forest Hills

Woodlands 5/6 School, St Roberts & Ada Christian Schools, which

are within walking distance.

Clements Mill is midway between the Village of Ada and Forest Hills

shopping area at Cascade Road and Forest Hills.

Ada's Clements Mill has seen steady to declining values in the short

time it has been built out.  This is largely due to the current housing

economy where all area homes have suffered a decline in value. This

subdivision continues to be a desired location for local residents.

 

 

Clements Mill  Market Report   Jan -  December 2009

          15  Sold,  1 Pending, 3 For Sale, 6 Expired

 

Clements Mill Active Listings: 3

Average Active Price: $175,233

Average Active Price/SqFt: $130.21

Average Active Days on Market: 131

Clements Mill Sold Listings: 15

Average Sold Price: $251,113

Average Sold Price/SqFt: $109.44

Average Days on Market: 73

Clements Mill Expired Listings: 6

Absorption Rate for Clements Mill homes is averaging

2.4 months, which is a very low rate for the Grand Rapids area.

Average list price is currently lower that average sold price,

which means that the current active homes are smaller and

priced below the homes that have sold this year. 

 

Additional Forest Hills Articles:

Forest Hills Michigan Real Estate Reports 2009

Search for Forest Hills MI Homes 

If you have detailed questions about Ada Homes, Forest Hills

 Homes or  just need further information, please contact me

directly:  terry@terrywestbrook.com  or call 1-616-292-7263

Snowman photo by Bonnie Westbrook