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Ottawa 49456
15770 Ridge Lane
$149,900
● House - Off Market

15770 Ridge Lane

Spring Lake, MI 49456
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,323 Ft²
$256,003
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

This cottage style ranch sits high atop a dune at the end of a peaceful cul-de-sac in Spring Lake. Relax as you sit with friends on your front deck and take in the views of Spring Lake. 2 bedroom, 1 full bath on main floor, bright and sunny living area with vaulted ceiling. Open floor plan includes living, kitchen and dining area with snack bar. Extend your dining area as you step out the sliders onto your back deck ready for grilling. Enjoy this in a secluded, intimate backyard. Lower level includes family room, 3rd bedroom and full bath. 3 year new roof, 2 year new furnace. Nicely maintained and ready for you to move into. One stall attached garage. This won't last long.
Unit Size
1,323 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$113
Property Type
House
Property Taxes
$143
HOA Dues
-
Year Built
1991

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #16010124)

Price History

Date / Event Date Event Price
May 20, 2016 Sold
Premium
Sold
Mar 9, 2016 Listed by Greenridge Realty $149,900
Listed by Greenridge Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 924
  • Garage Type: 7
  • Garage Square Area: 336
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,574
  • Lot Size Depth Feet: 423
  • Lot Size Frontage Feet: 2,337
  • Total Building Area: 924
  • Building Area: 924
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 924
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEG PLAT
  • Land Acres: 0000000105
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 6 EXC COM SE COR, TH N 78D 21M 58S W 2692 FT TO SW COR SD LOT, TH N 11D 45M 37S W 2245 FT, N 63D 41M 44S E 3432 FT TO E

Neighborhood

  • School District Name: Spring Lake Public Schools
  • School Tax School District: SPRING LAKE
  • Census Tract: 020503

Zoning

  • Zoning: R-2

Geography

  • District: 24
  • Parcel: 70-03-11-381-016
  • Block: 381
  • Lot: 6
  • Meridian: SEC 11 TWN 6N RNG 16W
  • Municipality: SPRING LAKE TWP
  • Latitude: 43.0894
  • Longitude: -86.1809

    Address

  • Full Address: 15770 Ridge Ln
  • Address - House Number: 15770
  • Address - Street Name: Ridge
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Spring Lake
  • Carrier Code: C005
  • 4-Digit Zip Code: 1557
  • Zip Code: 49456

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $204,349

    Appraisal Valuation

  • Standard Deviation: 0.1604
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 298,199
  • High Value: 346,054
  • Low Value: 250,344

    Market Valuation

  • Market Total Value: $218,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 10, 2016
  • Current Sale Recording Date: May 20, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016-0017611
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ottawa

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$213

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2239 ft²

Average Home Age

33.2 years

Currently For Sale

600 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MichRIC

Listed by: Laura Marcus-Nolan, Greenridge Realty
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 16010124
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 15770 Ridge Lane built and last sold?
The property at 15770 Ridge Lane was built in 1991 and last sold on May 10, 2016 for $149,900.
How much is this home worth?
The estimated value of the home located at 15770 Ridge Lane is $0.
What are some comparable homes to 15770 Ridge Lane?
There are currently no comparable homes to 15770 Ridge Lane.
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