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Sold
  • $60,000

    515 Osterhout St, Schoolcraft, MI 49087

    3beds
    1,452sqft
    Single Family Residence
    Built in 1893
    0.5 Acres Lot
    $61,700 Zestimate®
    $41/sqft
    $1,698 Estimated rent

    Home value

    $61,700

    $55,000 - $69,000

    $1,698/mo

    Zestimate® history
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    What's special

    Wooded acre lotPaved road with sidewalks
    SOLD AS IS! BUY TODAY, PROFIT TOMORROW!. Investors delight, Only $79,900! Fixer upper in Village of Schoolcraft! 3 bedrooms, 1 full bath on a beautiful .48 wooded acre lot within walking distance to restaurants, groceries and schools. The roof and water heater are newer, the septic was in updated in 94 (per previous owner). The home needs a lot of LOVE, but at this price you can't lose! Just time, patience and hard work and you have a money maker. Located on a paved road with sidewalks. Mercury Fiber Optic is being installed in the Village of Schoolcraft. Cash buyers only, proof of funds needed, no financing offered. Seller will not do any inspections. Seller is a licensed Realtor in the state of Michigan. As-is

    Zillow last checked:

    Listing updated:

    Listed by:

    Greg Courtney,

    Berkshire Hathaway HomeServices MI

    Bought with:

    Greg Courtney, 6501361728

    Berkshire Hathaway HomeServices MI

    Source: MichRIC,MLS#: 25047943MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 2
    Heating
    • Forced Air
    Appliances
    • Laundry: Laundry Room, Main Level
    Features
    • Pantry
    • Basement: Crawl Space,Michigan Basement,Partial
    • Has fireplace: No
    Interior area
    • Total structure area: 1,452
    • Total interior livable area: 1,452 sqft
    • Finished area below ground: 0

    Property

    Features
    • Stories: 2
    Lot
    • Size: 0.5 Acres
    • Dimensions: 165 x 130
    • Features: Level, Sidewalk, Wooded
    Details
    • Parcel number: 391418479111

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Farmhouse
    • Property subtype: Single Family Residence
    Materials
    • Aluminum Siding, Wood Siding
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1893

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected

    Community & HOA

    Location
    • Region: Schoolcraft

    Financial & listing details

    • Price per square foot: $41/sqft
    • Tax assessed value: $38,598
    • Annual tax amount: $1,909
    • Date on market: 9/18/2025
    • Listing terms: Cash
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/14/2025Sold$60,000-24.9%$41/sqft
    Source: MichRIC #25047943 Report a problem
    9/29/2025Pending sale$79,900$55/sqft
    Source: MichRIC #25047943 Report a problem
    9/18/2025Listed for sale$79,900+149.7%$55/sqft
    Source: MichRIC #25047943 Report a problem
    7/8/2025Sold$32,000+7%$22/sqft
    Source: Public Record Report a problem
    6/17/2025Pending sale$29,900$21/sqft
    Source: MichRIC #25028434 Report a problem
    6/13/2025Listed for sale$29,900$21/sqft
    Source: MichRIC #25028434 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,797 +4.7%$62,100 +8.6%
    2024$1,716 $57,200 +11.5%
    2023-- $51,300 +8.7%
    2022-- $47,200 +7.3%
    2021-- $44,000 +8.6%
    2020-- $40,500 +8.3%
    2018-- $37,400 +2.5%
    2017-- $36,500 +16.2%
    2016-- $31,400 +6.1%
    2015-- $29,600
    2014-- $29,600 -4.5%
    2013-- $31,000 -3.4%
    2012-- $32,100 -0.3%
    2011-- $32,200 -6.1%
    2010-- $34,300 +1.8%
    2009-- $33,700 -10.6%
    2008-- $37,700 +9.3%
    2004-- $34,500 +1.5%
    2003-- $34,000 +5.9%
    2002-- $32,100
    2001-- $32,100
    Find assessor info on the county website

    Neighborhood: 49087

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $61,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $61,700