NOT LISTED FOR SALE

525 N Ridge Rd Canton, MI 48187

Cherry Hill Neighborhood

Estimated Value: $373,000 - $919,000

4.23 Acres
$170,752 Price per Acre
184,259 Sq Ft Lot

Last Sold April 10, 2024

Last sale price $800,000 $791 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $4,102/month

915 Days on Market

About This Lot

As of April 2024

Desirable Area. Cherry Hill Village Development Site. Four different possible uses, or develop your own plan. Commercial or mixed-use development allowed. Up to 12 units per acre multi-family. Previously approved minor P.U.D. sites available separately. Will split Pub Grill .751 ac. $297,569.; Boutique Retail .83 ac. $297,569.; Bank .822 ac. $337,310.25; Offices-two story 10,258 SF lease able $337,310.25. Pub Grill 6,270 SF leasable, Boutique Retail 9,600 SF leasable, Bank 3,226 SF leasable, Offices 10,258 SF leasable. All data approximate and should be verified. Please call or email for a complete package with renderings, parking details and the site plan.

Last Agent to Sell the Property

Joseph Van Esley

Van Esley Real Estate Inc License #6501185636 Listed on: 01/12/2021

Last Buyer's Agent

Christy Van Esley

Van Esley Real Estate Inc License #6501405347

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 4.23 Acre Lot
  • Property is zoned Commercial, Multi-Family, Office

Listing and Financial Details

  • Assessor Parcel Number 71072990011000

Property Details

Property Type

Land

Est. Annual Taxes

$5,116

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 171030.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 916
  • Road Frontage Type: Paved

Utilities

  • Sewer: Septic Tank (Existing)
  • Water Source: Well (Existing), Water at Street

Schools

  • School District: Plymouth Canton

Lot Info

  • Lot Size Area: 4.23
  • Lot Dimensions: Irregular
  • Parcel Number: 71072990011000
  • Zoning: Commercial, Multi-Family, Office
  • Improvements: Curbs
  • Mineral Rights: Yes
  • Survey: Yes

Tax Info

  • Tax Amount Summer: 2984.0000
  • Tax Amount Winter: 2132.0000
  • Total Tax: 5116.0000

MLS Schools

  • School District: Plymouth Canton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Apr 10, 2024
Sold by
Uptown Ridge Investors Llc
Bought by
Cherry Hill Investment Group Llc
Seller's Agent
Joseph Van Esley
Van Esley Real Estate Inc
Buyer's Agent
Christy Van Esley
Van Esley Real Estate Inc
List Price
$1,269,758
Sold Price
$800,000
Premium/Discount to List
-$469,758
-37%
Views
298
Current Estimated Value
$722,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$77,721
Avg. Annual Appreciation
-7.58%

Purchase Details

Closed on
Nov 22, 2008
Sold by
Contario John J and Contario Diana
Bought by
Uptown Ridge Investors Llc

Purchase Details

Closed on
Jul 25, 2005
Sold by
Contario John J and Contario Diana
Bought by
Uptown Ridge Investors Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Cherry Hill Investment Group Llc -- Liberty Title
Uptown Ridge Investors Llc -- Chirco Title Company
Uptown Ridge Investors Llc -- Commonwealth Land Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $800,000 -37.0% $791 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
01/12/2021 01/12/21 For Sale $1,269,758 -- $1,255 / Sq Ft
Source: Realcomp

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 $2,088 $130,800 $0 $0
2024 $2,088 $124,600 $0 $0
2023 $1,990 $115,700 $0 $0
2022 $3,208 $112,200 $0 $0
2021 $3,110 $115,700 $0 $0
2020 $5,150 $171,000 $0 $0
2019 $5,060 $154,470 $0 $0
2018 $2,821 $146,000 $0 $0
2017 $3,496 $146,500 $0 $0
2016 $6,522 $146,800 $0 $0
2015 $11,218 $130,180 $0 $0
2013 $10,868 $111,380 $0 $0
2010 -- $113,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Van Esley

    Seller's Agent in 2024

    Joseph Van Esley

    Van Esley Real Estate Inc

    (313) 418-3188

    2 in this area

    79 Total Sales

    Joseph Van Esley
    Section Image
  • Christy Van Esley

    Buyer's Agent in 2024

    Christy Van Esley

    Van Esley Real Estate Inc

    (734) 812-3662

    1 in this area

    9 Total Sales

    Christy Van Esley
    Section Image
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Map

Source: Realcomp

MLS Number: 2210002338

Realcomp

APN: 71-072-99-0011-000

Michigan Wayne County Canton Township Cherry Hill

525 N Ridge Rd, Canton Township, MI

This home is located at 525 N Ridge Rd, Canton, MI 48187 since 12 January 2021 and is currently estimated at $722,279, approximately $713 per square foot. 525 N Ridge Rd is a home located in Wayne County with nearby schools including Canton High School, Workman Elementary School, and Plymouth 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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