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Forest Hills 49301
715 Marbury Drive SE
$460,000
● House - Off Market

715 Marbury Drive SE

Ada, MI 49301
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,820 Ft²
$2,405
Est. Monthly
$8
HOA / Fees
5.45%
Cap Rate

About This Property

Tucked in a quiet cul-de-sac within the award-winning Forest Hills School District, this updated home offers 4 bedrooms, 2 full baths, a spacious yard, back patio, unfinished basement, and an attached 2-stall garage. It sits across from a pond with access to walking paths leading to downtown Ada. Inside, original hardwood floors run through the main floor, featuring a welcoming living room, dining area, and an newly updated kitchen. The family room offers beamed ceilings, a fireplace, and French doors to the back deck to support an open floor plan for entertaining. A main-floor bedroom and full bath add flexibility. Upstairs includes three more bedrooms and an updated bath. The unfinished basement provides room to grow.
Unit Size
1,820 Ft²
Days on Market
38 days
Land Size
0.26 acres
Price per sqft
$243
Property Type
House
Property Taxes
$226
HOA Dues
$8
Year Built
1970

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MichRIC MLS #25025001)

Price History

Date / Event Date Event Price
Jul 14, 2025 Sold
Premium
Sold
Jun 12, 2025 In contract -
In contract
Jun 7, 2025 Relisted $432,500
Relisted
Jun 7, 2025 Price Increased $442,000
↑ $10K (2.2%)
Price Increased
Jun 1, 2025 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,196
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,282
  • Lot Size Depth Feet: 1,401
  • Total Building Area: 1,820
  • Building Area: 1,820
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,820
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ADACROFT COMMONS NO.2
  • Land Acres: 0000000259
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 39 * ADACROFT COMMONS NO.2

Neighborhood

  • School District Name: Forest Hills Public Schools
  • School Tax School District: FOREST HILLS
  • Census Tract: 011902

Zoning

  • Zoning: R3

Geography

  • District: 11
  • Parcel: 41-15-32-280-011
  • Lot: 39
  • Municipality: ADA TWP
  • Latitude: 42.9509
  • Longitude: -85.514

    Address

  • Full Address: 715 Marbury Dr Se
  • Address - House Number: 715
  • Street Segment Direction: SE
  • Address - Street Name: Marbury
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Ada
  • Carrier Code: R013
  • 4-Digit Zip Code: 7803
  • Zip Code: 49301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $273,800
  • Tax Rate Code Area: 11

    Appraisal Valuation

  • Standard Deviation: 0.1987
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 73
  • Final Value: 377,138
  • High Value: 452,102
  • Low Value: 302,174

    Market Valuation

  • Market Total Value: $292,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $146,300

    Sales

  • Current Sale Contract Date: Sep 01, 2020
  • Current Sale Recording Date: Sep 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202009210086215
  • Previous Sale Recording Date: Jul 11, 1995
  • Previous Sale Contract Date: Jul 11, 1995
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Forest Hills

Stats & Trends

Median Asking:

$624,000

Sale Price/ft²

$230

Below Asking

0.02%

Average Days on Market

43

Average Home Size

3608 ft²

Average Home Age

34.2 years

Currently For Sale

48 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MichRIC

Listed by: Steven Koleno, Beycome Brokerage Realty LLC
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25025001
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 715 Marbury Drive Southeast built and last sold?
The property at 715 Marbury Drive Southeast was built in 1970 and last sold on Sep 1, 2020 for $245,000.
How much is this home worth?
The estimated value of the home located at 715 Marbury Drive Southeast is $429,990.
What are some comparable homes to 715 Marbury Drive Southeast?
There are currently no comparable homes to 715 Marbury Drive Southeast.
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