NOT LISTED FOR SALE

5077 Osterhout Lake Rd Grand Junction, MI 49056

Estimated Value: $461,276

3 Beds
2.5 Baths
2,400 Sq Ft
$192/Sq Ft Est. Value

Last Sold September 25, 2014

Last sale price $199,000 $83 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,951/month

937 Days on Market

Highlights

  • Private Waterfront
  • Contemporary Architecture
  • Living Room
  • Deck
  • 1 Car Attached Garage
  • Forced Air Heating System

About This Home

As of September 2014

Great Buy if looking for a lake front home with private water frontage. Wonderful open floor plan ideal for entertaining and enjoying lake front living. Great four season home. This lake front home offers space for your family and friends. Walk-out is unfinished so the ability to finish the space is a possibility. Saugatuck and South Haven are just a short drive away for rainy days.

Last Agent to Sell the Property

Laura Durham

Mill Pond Realty License #6502136214 Listed on: 02/21/2012

Last Buyer's Agent

Nick Stegman

RE/MAX Lakeshore License #6501355183

RE/MAX Lakeshore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,398

Year Built

  • Built in 1991

Lot Details

  • Lot Dimensions are 56.41x177.80x25x28x136.9
  • Private Waterfront
  • 56 Feet of Waterfront
  • The property's road front is unimproved
  • Property fronts a private road
  • Flag Lot

Parking

  • 1 Car Attached Garage
  • Unpaved Driveway

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Water Views
  • Walk-Out Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Water Access
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,398

Year Built

Built in 1991

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Contemporary
  • Stories: 2
  • Year Built: 1991
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 56.41x177.80x25x28x136.9
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2400.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 1398.0
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Waterfront Options:Water Frontage3: 56.0
  • Driveway:Unpaved: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Substructure:Walk Out: Yes
  • Lot Description:Flag Lot: Yes
  • General Property Info:SqFt Above Grade: 2400.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Contemporary: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Walk-Out Access
  • LivingArea: 2400.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 219900.0
  • Lot Features: Flag Lot
  • Patio and Porch Features: Deck
  • Road Frontage Type: Private Road
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Water Body Name: Osterhout Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Wood Siding: Yes
  • Patio and Porch Features:Deck(s): 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

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Dimensions: 56.41x177.80x25x28x136.9
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1398.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2012
Closed on
Sep 25, 2014
Sold by
Vanerkel Thomas W and Vanerkel Sandra K
Bought by
Keller Joseph R and Keller Linda J
Seller's Agent
Laura Durham
Mill Pond Realty
Buyer's Agent
Nick Stegman
RE/MAX Lakeshore
List Price
$229,900
Sold Price
$199,000
Premium/Discount to List
-$30,900
-13.44%
Current Estimated Value
$461,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,276
Avg. Annual Appreciation
8.09%
Original Mortgage
$144,000
Outstanding Balance
$111,386
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$354,318
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold 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
Keller Joseph R $199,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keller Joseph R $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2014 09/25/14 Sold $199,000 -13.4% $83 / Sq Ft
09/15/2014 09/15/14 Pending -- -- --
02/21/2012 02/21/12 For Sale $229,900 -- $96 / 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 $5,495 $191,300 $70,100 $121,200
2024 $4,357 $188,300 $64,400 $123,900
2023 $4,357 $156,600 $43,700 $112,900
2022 $4,357 $135,800 $39,200 $96,600
2021 $4,445 $128,500 $39,200 $89,300
2020 $4,445 $97,800 $30,800 $67,000
2019 $4,279 $99,100 $30,800 $68,300
2018 $0 $93,200 $30,800 $62,400
2017 $0 $99,500 $30,800 $68,700
2016 $0 $79,800 $27,300 $52,500
2015 -- $79,800 $27,300 $52,500
2014 -- $57,200 $22,400 $34,800
2013 -- $56,300 $21,000 $35,300
Source: Public Records

Agents Affiliated with this Home

  • Laura Durham

    Seller's Agent in 2014

    Laura Durham

    Mill Pond Realty

    (616) 836-0113

    228 Total Sales

    Laura Durham
    Section Image
  • Nick Stegman

    Buyer's Agent in 2014

    Nick Stegman

    RE/MAX Michigan

    (269) 214-6594

    121 Total Sales

    Nick Stegman
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12009128

Southwestern Michigan Association of REALTORS®

APN: 12-035-039-20

Michigan Allegan County Grand Junction 49056

5077 Osterhout Lake Rd, Grand Junction, MI

This home is located at 5077 Osterhout Lake Rd, Grand Junction, MI 49056 since 21 February 2012 and is currently priced at $461,276, approximately $192 per square foot. This property was built in 1991. 5077 Osterhout Lake Rd is a home located in Allegan County with nearby schools including Bloomingdale High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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