Sold
515 Osterhout Street, Schoolcraft, MI 49087
Sold on 10/14/2025 for$60,000
MLS # 25047943 (Michigan Regional Information Center (MichRIC))
3 beds1 bath1,452 sqftBuilt 18930.5 acres
1 / 8
Listing Description
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
Source: SparkMLS
About this home
This 3-bedroom, 1-bath, 1,452 sq ft home built in 1893 sits in Schoolcraft Village in Schoolcraft.
Final sale price: $60,000 (about $41/sq ft).
Property tax estimate: $1,909 per year ($159/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Fiber internet is available at this address with download speeds up to 5,000 Mbps across 10 providers. Electric service is provided by Indiana Michigan Power Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area1,452 sqft
Lot Size0.5 acres
Year Built1893
Stories2
Location
CitySchoolcraft
MunicipalitySchoolcraft Vllg
Zip Code49087
CountyKalamazoo
School DistrictSchoolcraft Community Schools
Construction & Systems
StyleFarmhouse
ConstructionAluminum Siding, Wood Siding
BasementCrawl Space, Michigan Basement, Partial
HeatingForced Air
WaterPublic
SewerSeptic Tank
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected
InteriorBroadband, Pantry
Sale & Financing
Listed9/17/2025
Sold Date10/13/2025
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$1,909
Tax Year2025
Assessed Value$38,598
Parcel #391418479111
Source: SparkMLS
Legal Description
OSTERHOUTS ADD'N TO THE VILLAGE OF SCHOOLCRAFT E 1/2 LOT 18, LOT 19 & 20 EXC THE E 8 FT OF LOT 20 BLK 4***SPL FR 18-479-100 & 110 TO 479-101 & 111 W94
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Greg Courtney
Berkshire Hathaway HomeServices MI
Frequently Asked Questions about 515 Osterhout Street, Schoolcraft, MI 49087
What school district is 515 Osterhout Street, Schoolcraft, MI 49087 in?
Per MLS# 25047943, this property is served by Schoolcraft Community Schools. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 515 Osterhout Street, Schoolcraft, MI 49087?
Per MLS# 25047943, the seller has indicated this property accepts the following financing types: Cash. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 25047943, the most recent reported annual property tax for 515 Osterhout Street, Schoolcraft, MI 49087 is $1,909 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 515 Osterhout Street, Schoolcraft, MI 49087 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 515 Osterhout Street, Schoolcraft, MI 49087 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Is fiber internet available at 515 Osterhout Street, Schoolcraft, MI 49087?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 5.0 Gbps. 10 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Indiana Michigan Power Company. Gas: Consumers Energy Company. Sewer: Septic Tank. Water: Public. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Schoolcraft Vllg police department or the Kalamazoo County sheriff's office.
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Monthly payment$518
Principal & interest$518
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteUnlicensed Fixed WirelessSatelliteDSL
10 providers at this address
Mercury FiberFiber
5 GbpsXfinityCable
1.2 GbpsVerizonLicensed Fixed Wireless
300 MbpsStarlinkGSO Satellite
280 MbpsMercury FiberUnlicensed Fixed Wireless
150 MbpsT-MobileLicensed Fixed Wireless
100 MbpsViasat IncSatellite
100 MbpsHughesNetSatellite
50 MbpsAT&TLicensed Fixed Wireless
25 MbpsFrontierDSL
10 MbpsFCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
Indiana Michigan Power Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
515 Osterhout Street, Schoolcraft, MI 49087
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Municipality
Schoolcraft Village
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