NOT LISTED FOR SALE

5081 Osterhout Lake Rd Grand Junction, MI 49056

Estimated Value: $345,000 - $487,000

3 Beds
2 Baths
1,495 Sq Ft
$263/Sq Ft Est. Value

Last Sold June 25, 2013

Last sale price $175,000 $117 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,391/month

489 Days on Market

Highlights

  • Private Waterfront
  • Attached Garage
  • Ceiling Fan
  • Docks
  • Living Room
  • Dining Area

About This Home

As of June 2013

Wonderful four season home. Call your friends and family and head to the lake house. Vaulted ceilings & sliders to the HUGE deck...what a beautiful view of the lake! Upstairs offers a loft bedroom. If you are requiring additional space, the walk out lower level is waiting for your finishing touches. Bring your boat because the dock is included. The lake is located close to both Saugatuck and South Haven. Phone today for a private showing.

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

  • $3,586

Year Built

  • Built in 1991

Lot Details

  • 9,409 Sq Ft Lot
  • Private Waterfront
  • The property's road front is unimproved
  • Flag Lot

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,495 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Walk-Out Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Docks

Utilities

  • Well
  • Septic System

Community Details

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,586

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1991
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Ceiling Fans
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Walk Out
  • LivingArea: 1495.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 189000.0
  • Lot Features: Flag Lot
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Water Body Name: Osterhout Lake
  • Waterfront Features: All Sports, Dock, Private Frontage
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes

Utilities

  • Sewer: Septic System
  • Water Source: Well

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Sq Ft: 9409.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2025
Sold by
Kucala Joseph T and Kucala Taryn A
Bought by
Peterson Leonard and Peterson Kathy
Current Estimated Value
$392,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Outstanding Balance
$345,000
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$89,643

Purchase Details

Listed on
Feb 21, 2012
Closed on
Jun 25, 2013
Sold by
Vanerkel Thomas W and Vanerkel Sandra K
Bought by
Kucala Joseph T and Kucala Taryn A
Seller's Agent
Laura Durham
Mill Pond Realty
Buyer's Agent
Nick Stegman
RE/MAX Lakeshore
List Price
$198,000
Sold Price
$175,000
Premium/Discount to List
-$23,000
-11.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Peterson Leonard -- Van Buren County Title
Peterson Leonard -- Van Buren County Title
Kucala Joseph T -- Lighthouse Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Leonard $345,000
Closed Peterson Leonard $345,000
Previous Owner Kucala Joseph T $128,000
Previous Owner Kucala Joseph $131,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2013 06/25/13 Sold $175,000 -11.6% $117 / Sq Ft
06/24/2013 06/24/13 Pending -- -- --
02/21/2012 02/21/12 For Sale $198,000 -- $132 / 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 $3,586 $165,500 $63,800 $101,700
2024 $2,846 $162,600 $58,700 $103,900
2023 $2,846 $134,600 $39,800 $94,800
2022 $2,846 $116,700 $35,700 $81,000
2021 $2,889 $110,600 $35,700 $74,900
2020 $2,889 $84,100 $28,100 $56,000
2019 $2,783 $85,300 $28,100 $57,200
2018 $0 $80,100 $28,100 $52,000
2017 $0 $85,300 $28,100 $57,200
2016 $0 $68,600 $24,900 $43,700
2015 -- $68,600 $24,900 $43,700
2014 -- $49,300 $20,400 $28,900
2013 -- $48,400 $19,100 $29,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12009127

Southwestern Michigan Association of REALTORS®

APN: 12-035-039-10