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540 Oak Street

540 Oak Street, Spring Lake, MI 49456
Property in Ferrysburg
1 Units For Sale
Unit for sale at 540 Oak Street, Spring Lake, MI 49456

$895,000

  • Commercial
  • 17,624 ft²
540 Oak Street, Spring Lake, MI 49456 Listing by Bryan D Bench

This has been categorized as a industrial property type. It is a single story home. In total, the area measurement of the land is 75,794 square feet.

Learn more about the property and building on this page. The quality of the control joints have been graded by the local assessor with a letter grade of D. As for heating, the home is utilizing a forced air unit. The property was last sold in Apr 5, 2006 for $240,000. That's $13.62 per sqft. Prior to that sales transaction, the property was also sold in Jun 9, 2005 for $391,900. 540 Oak Street was last assessed in 2023. The total value of the property was assessed at $351,200. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $10,251. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation.

Building Features

Exterior

Brick Exterior
Stone Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: D
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 75,794
  • Total Building Area: 17,624
  • Gross Building Area: 17,624
  • Building Area: 17,624
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Industrial
  • Subdivision: FERRY HEIGHTS
  • Land Acres: 1.74
  • Standard Land Use Code: Light industrial
  • Legal Description 1: LOTS 15 THRU 20 & LOTS 53 THRU 56 FERRY HEIGHTS SUB

Ownership

  • Current Owner : OAK STREET HOLDINGS LLC
  • Previous Owner : KENT COMMERCE BANK
  • Owner Before Previous Owner: JJA PROPERTIES LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Grand Haven Area Public Schools
  • School Tax School District: GRAND HAVEN
  • Census Tract: 020600

Zoning

  • Zoning: SERVICE

Geography

  • District: 51
  • Parcel: 70-03-16-254-034
  • Block: 254
  • Meridian: SEC 16 TWN 5N RNG 15W
  • Municipality: FERRYSBURG CITY
  • Latitude: 43.0835
  • Longitude: -86.2139

    Address

  • Full Address: 540 Oak St
  • Address - House Number: 540
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: MI
  • City Name: Spring Lake
  • Carrier Code: R004
  • 4-Digit Zip Code: 9157
  • Zip Code: 49456

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,251

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $288,950
  • First Open Lien Mortgage Lender: FIFTH THIRD BANK
  • First Open Lien Mortgage Recording Date: Apr 30, 2018
  • First Open Lien Mortgage Loan Amount: $288,950
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: SBA Participation Trust Deed

    Market Valuation

  • Market Total Value: $702,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $351,200

    Sales

  • Current Sale Contract Date: Apr 05, 2006
  • Current Sale Recording Date: Apr 06, 2006
  • Current Sale Transaction ID: 1116297059
  • Current Sale Price: $240,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 10, 2005
  • Previous Sale Contract Date: Jun 09, 2005
  • Previous Sale Amount: $391,900
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: KENT COMMERCE BANK
  • First Mortgage Transaction Date: Apr 06, 2006
  • First Mortgage Loan Amount: $415,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Ferrysburg



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 540 Oak Street located in?
The 540 Oak Street is a located in the neighborhood of Ferrysburg in Ferrysburg, Spring Lake.
How many listings are currently for sale in 540 Oak Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 540 Oak Street?
The average sales price for units in 540 Oak Street is $895,000 , or $51/sqft. currently.

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