NOT LISTED FOR SALE

159 S River Ave Unit 408 Holland, MI 49423

Hope Neighborhood

Estimated Value: $725,000 - $915,000

2 Beds
2.5 Baths
1,106 Sq Ft
$550/mo HOA Fee

Last Sold November 14, 2022

Last sale price $699,500 $632 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,791/month

25 Days on Market

Highlights

  • Fitness Center
  • 0.68 Acre Lot
  • Contemporary Architecture
  • Under Construction
  • Deck
  • 5-minute walk to Centennial Park

About This Home

As of November 2022

This property could be utilized as a short term rental which is almost impossible to find in the city of Holland. The Towers on River with their highly sought-after location, high-end finishes, attention to quality and design will provide an unmatched downtown living experience. Under the theme 'Where Modern Meets West Michigan', the Towers offer 27 luxury condos on the top three floors. The ground floor offers exclusive, secure, fully enclosed parking for residents only in a climate-controlled environment as well as secure storage spaces for each unit. Snow melt walks and entrances to the lobby and parking add safety for owners and their guests. A fully equipped fitness room with great views is provided on the 2nd floor. Two elevator cores allow for easy access to every unit. Nine unique towers rise from a green roof that includes a large outdoor terrace overlooking River Avenue for a dramatic entertainment space. The Towers are designed to maximize natural lighting throughout, creating an incomparable urban lifestyle. Whether you prefer a modern or traditional style, working with a design team or on your own, each unit can be designed to meet your specific needs. Each open concept unit will included 10 to 12 foot ceilings, luxury kitchen cabinets and appliances, fully tiled baths, fireplace if desired, expansive outdoor patios or decks and much more. Depending on the location of your unit, views include downtown Holland, Lake Macatawa and Windmill Island. Come and enjoy the best of downtown Holland with its shopping, dining, theaters, second to non Farmers Market, parks, local breweries, the lakeshore, world renowned Tulip Festival and so much more. Each unit will come with a designated parking space. Additional parking spaces are available to be purchased, if desired. Call now to set up a sales presentation to learn more about The Towers on River, which is sure to become an exclusive destination address.

Last Agent to Sell the Property

Andrew Boehm

West Edge Real Estate LLC Listed on: 09/16/2022

Last Buyer's Agent

Kourtni Bosch

RE/MAX Lakeshore

RE/MAX Lakeshore

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,366

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 0.68

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick or Stone Mason
  • Rubber Roof
  • HardiePlank Siding
  • Concrete Siding
  • Stone

Interior Spaces

  • 1,106 Sq Ft Home
  • Insulated Windows
  • Window Screens
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Snack Bar or Counter
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Approach with Ramp
  • Accessible Ramps
  • Accessible Entrance
  • Stepless Entry

Outdoor Features

  • Deck
  • Patio

Utilities

  • SEER Rated 13+ Air Conditioning Units
  • SEER Rated 13-15 Air Conditioning Units
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Shrub
  • Mineral Rights Excluded

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care, heat
  • $550 HOA Transfer Fee
  • Towers On River Condos
  • 5-Story Property

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,366

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$550 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: Yes
  • ArchitecturalStyle: Contemporary
  • Stories: 5
  • Year Built: 2022
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: Yes
  • General Property Info:Lot Dimensions: 264 x 125
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1106.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Waterfront Options:Water Access YN: No
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Construction Status: Under Construction
  • Util Avail at Street:Cable2: Yes
  • Air Conditioning:SEER 13 or Greater: Yes
  • Windows:Insulated Windows: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: No
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Mineral Rights:No: Yes
  • General Property Info:Condo Proj Name: Towers on River
  • General Property Info:Entry Type: Gated
  • General Property Info:Pets YN: Yes
  • Accessibility Feat:No Step Entrance: Yes
  • Roofing:Rubber: Yes
  • Heat Type:Heat Pump: Yes
  • Additional Items:Elevator: Yes
  • Accessibility Feat:Ramped Entrance: Yes
  • Accessibility Feat:Covered Ramp: Yes
  • General Property Info:SqFt Above Grade: 1106.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Contemporary: Yes
  • Flooring:Laminate Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: 4098
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
  • Accessibility Features: Ramped Entrance, Covered Entrance, Covered Ramp, Accessible Entrance
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Elevator, Kitchen Island, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Other
  • LivingArea: 1106.0
  • Window Features: Screens, Insulated Windows
  • General Property Info:Stories2: 5.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Kitchen Features:Center Island: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Concrete, HardiPlank Type, Stone, Other
  • List Price: 639500.0
  • Lot Features: Level, Sidewalk
  • Patio and Porch Features: Deck, Patio
  • Road Surface Type: Paved
  • Roof: Other, Rubber
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes
  • Driveway Paved: Yes
  • Exterior Material:Stone: Yes
  • Exterior Material:Concrete: Yes
  • Exterior Material:HardPlankCement Board: Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air, SEER 13 or Greater
  • Cooling: Yes
  • Heating: Forced Air, Heat Pump
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Fitness Center, Pets Allowed, Storage, Other
  • Association Fee: 550.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 550.0
  • Association Info:Assoc Buy in Fee: 550
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Pets Allowed2: Yes
  • Assoc Amenities:Fitness Center: Yes
  • Assoc Amenities:Storage: Yes

Fee Information

  • Association Fee Includes: Other, Water, Trash, Snow Removal, Sewer, Lawn/Yard Care, Heat

Lot Info

  • Lot Size Acres: 0.68
  • Lot Size Area: 0.68
  • Lot Dimensions: 264 x 125
  • Lot Size Sq Ft: 29830.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2024
Sold by
Swabon Robert and Eisenberg Beth
Bought by
Swabon Robert and Eisenberg Beth
Current Estimated Value
$841,362

Purchase Details

Listed on
Sep 16, 2022
Closed on
Nov 14, 2022
Sold by
Towers On River Llc
Bought by
Swabon Robert and Eisenberg Beth
Seller's Agent
Andrew Boehm
West Edge Real Estate LLC
Buyer's Agent
Kourtni Bosch
RE/MAX Lakeshore
List Price
$639,500
Sold Price
$699,500
Premium/Discount to List
$60,000
9.38%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$513,375
Interest Rate
7.08%
Source: Public Records

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Swabon Robert -- None Listed On Document
Swabon Robert -- None Listed On Document
Swabon Robert $684,500 Sun Title Agency Of Michigan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swabon Robert $513,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2022 11/14/22 Sold $699,500 +9.4% $632 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $639,500 -- $578 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,366 $371,700 $0 $0
2024 $20,850 $343,300 $0 $0
2023 $58 $109,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22040134

Southwestern Michigan Association of REALTORS®

APN: 70-16-29-183-719