159 S River Ave Unit 506 Holland, MI 49423
Central Downtown Neighborhood
2
Beds
2.5
Baths
2,304
Sq Ft
$510/mo
HOA Fee
Highlights
- Fitness Center
- 0.68 Acre Lot
- Contemporary Architecture
- Under Construction
- Deck
- 5-minute walk to Centennial Park
About This Home
As of January 2025The 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
RE/MAX Lakeshore License #6501367430 Listed on: 01/23/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $120
Year Built
- Built in 2024 | Under Construction
HOA Fees
- $510 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
- 2,304 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
- $1,020 HOA Transfer Fee
- Association Phone (616) 302-9042
- Towers On River Condos
- 5-Story Property
Amenities
- Elevator
- Community Storage Space
Recreation
- Fitness Center
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 23, 2023
Closed on
Dec 18, 2024
Sold by
Towers On River Llc
Bought by
Brouwer Wayne and Brouwer Brenda
Seller's Agent
Andrew Boehm
RE/MAX Lakeshore
Buyer's Agent
Andrew Boehm
RE/MAX Lakeshore
List Price
$1,364,543
Sold Price
$1,429,543
Premium/Discount to List
$65,000
4.76%
Total Days on Market
7
Views
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,788
Avg. Annual Appreciation
-8.93%
Original Mortgage
$802,650
Outstanding Balance
$800,581
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$575,174
Similar Homes in Holland, MI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,364,543 | Sun Title Agency Of Michigan |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $802,650 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/01/2025 01/01/25 | Sold | $1,429,543 | +4.8% | $620 / Sq Ft |
| 01/30/2023 01/30/23 | Pending | -- | -- | -- |
| 01/23/2023 01/23/23 | For Sale | $1,364,543 | -- | $592 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $19,272 | $363,300 | $0 | $0 |
| 2023 | $120 | $180,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Boehm
Seller's Agent in 2025
Andrew Boehm
RE/MAX Michigan
(616) 302-9042
17 in this area
70 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23002203
APN: 70-16-29-183-726
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