NOT LISTED FOR SALE

00 Welding Parcel 2 Richmond, MI 48062

Estimated Value: $395,000 - $626,000

1.5 Acres
$335,267 Price per Acre
65,340 Sq Ft Lot

Last Sold December 28, 2021

Last sale price $55,000

Est. 814% increase in value since last sale

Current estimated payment $3,404/month

206 Days on Market

About This Lot

As of December 2021

Nice 1.5 acre buildable parcel. Nice wide frontage. Nat Gas. Needs a well and septic system to build.

Last Agent to Sell the Property

Mark Farquhar

Coldwell Banker Professionals License #MISPE-6506041441 Listed on: 04/13/2021

Coldwell Banker Professionals

Last Buyer's Agent

Mark Farquhar

Coldwell Banker Professionals License #MISPE-6506041441 Listed on: 04/13/2021

Coldwell Banker Professionals

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 197x331x197x331
  • Rural Setting
  • Many Trees

Listing and Financial Details

  • Assessor Parcel Number 0334100016

Property Details

Property Type

Land

Est. Annual Taxes

$457

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Total Tax Amount: 457
  • Total Tax Year: 2020
  • Mail City: Richmond
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 197
  • Roads: City/County, Country
  • Frontage Type: Road

Utilities

  • Fuel On Site: Electric, Natural Gas

Schools

  • School District: Richmond Community Schools

Lot Info

  • Assessor Parcel Number: 0334100016
  • Location: Rural
  • Acreage: 1.5
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft., Treed, Unpaved
  • Zoning: Residential
  • Lot Size: 197x331x197x331
  • Survey On File: Yes
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $407.00
  • Winter Tax: Year: 2020, Amount: $50.00
  • Total Tax: Year: 2020, Amount: $457.00

MLS Schools

  • School District: Richmond Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2021
Closed on
Dec 28, 2021
Sold by
Rhu D Llc
Bought by
Paret Charles J and Paret Suzanne E
Seller's Agent
Mark Farquhar
Coldwell Banker Professionals
Buyer's Agent
Mark Farquhar
Coldwell Banker Professionals
List Price
$60,000
Sold Price
$55,000
Premium/Discount to List
-$5,000
-8.33%
Current Estimated Value
$502,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,900
Avg. Annual Appreciation
83.72%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Paret Charles J $55,000 Ata National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paret Charles J $155,000
Open Paret Charles J $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $55,000 -8.3% --
11/05/2021 11/05/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $60,000 +9.1% --
10/29/2021 10/29/21 Off Market $55,000 -- --
04/13/2021 04/13/21 For Sale $60,000 -- --
Source: Michigan Multiple Listing Service

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 $8,223 $284,700 $0 $0
2024 $6,508 $279,600 $0 $0
2023 $4,539 $192,800 $0 $0
2022 $567 $12,000 $0 $0
2021 $328 $11,200 $0 $0
2020 $407 $16,800 $0 $0
2019 $439 $16,800 $0 $0
2018 $473 $18,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Farquhar

    Seller's Agent in 2021

    Mark Farquhar

    Coldwell Banker Professionals

    (810) 240-3331

    11 in this area

    62 Total Sales

    Mark Farquhar
    Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50038876

Michigan Multiple Listing Service

APN: 22-03-34-100-016

Michigan Macomb County Richmond 48062

00 Welding Parcel 2, Richmond, MI

This home is located at 00 Welding Parcel 2, Richmond, MI 48062 since 13 April 2021 and is currently estimated at $502,900. 00 Welding Parcel 2 is a home located in Macomb County with nearby schools including Will L. Lee School, Richmond Middle School, and Richmond Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Nearby Homes