NOT LISTED FOR SALE

78171 Memphis Ridge Rd Richmond, MI 48062

Estimated Value: $295,000 - $355,000

3 Beds
3 Baths
1,698 Sq Ft
$189/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $295,000 $174 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,039/month

88 Days on Market

Highlights

  • Deck
  • 2-Story Property
  • No HOA
  • Memphis Elementary School Rated 9+
  • Ground Level Unit
  • Covered Patio or Porch

About This Home

As of February 2024

Large three bedroom ranch with a full basement including a handicap accessible bathroom with shower. This home also has central air and a heated 3 car garage and almost 3 acres of land.Master bedroom has a large walk-in closet. The deck in the rear of the home is also covered for enjoyable summer evenings.

Last Agent to Sell the Property

William Goetz

O'Connor Realty, Inc License #6501244677 Listed on: 10/26/2023

Last Buyer's Agent

Frostie Owen

Arterra Luxe Collection LLC License #6501409955

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1993

Lot Details

  • 2.81 Acre Lot
  • Lot Dimensions are 192 x 637.5
  • Back Yard Fenced

Parking

  • 2.5 Car Attached Garage

Home Design

  • 2-Story Property
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,698 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement

Kitchen

  • Free-Standing Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Accessible Full Bathroom
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0311100028

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,246

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 2 Story
  • Year Built: 1993
  • State Equalized Value: 122400.0000
  • Accessibility Features: Accessible Full Bath
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Circuit Breakers
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Electric Range, Washer
  • Sq Ft Combined: 1698
  • Total Sq Ft: 1698
  • Sq Ft Total Bsmt: 1568

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 192
  • Porch Type: Porch - Covered, Deck, Porch
  • Road Frontage Type: Paved
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Hot Water
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Memphis

Lot Info

  • Lot Size Area: 2.81
  • Lot Dimensions: 192 x 637.5
  • Parcel Number: 0311100028

Tax Info

  • Tax Amount Summer: 4044.0000
  • Tax Amount Winter: 1202.0000
  • Total Tax: 5246.0000
  • Taxable Value: 113010.0000

MLS Schools

  • School District: Memphis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Feb 9, 2024
Sold by
Wilton Victor
Bought by
Schlump Alex and Schlump Alyssa
Seller's Agent
William Goetz
O'Connor Realty, Inc
Buyer's Agent
Frostie Owen
Arterra Luxe Collection LLC
List Price
$310,000
Sold Price
$295,000
Premium/Discount to List
-$15,000
-4.84%
Views
218
Current Estimated Value
$321,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,416
Avg. Annual Appreciation
5.69%
Original Mortgage
$147,500
Outstanding Balance
$145,202
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$176,401

Purchase Details

Listed on
Oct 30, 2019
Closed on
Nov 26, 2019
Sold by
Phillips Joseph A and Phillips James A
Bought by
Wilton Victor
Seller's Agent
Alfred Phillips
Realty Professionals
Buyer's Agent
Jon Janssen
Sine & Monaghan Realtors Real Living LLC SC
List Price
$213,900
Sold Price
$175,000
Premium/Discount to List
-$38,900
-18.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.21%

Purchase Details

Closed on
Nov 19, 2007
Sold by
Phillips Dianna C and The Dianna Phillips Trust
Bought by
Phillips Dianna C and The Dianna C Phillips Trust

Purchase Details

Closed on
Jul 21, 2005
Sold by
Phillips Dianna and Dianna Phillips Trust
Bought by
Phillips Dianna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,300
Interest Rate
6.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2004
Sold by
Phillips Dianna
Bought by
Phillips Dianna C and Dianna Phillips Trust
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
Schlump Alex $295,000 None Listed On Document
Wilton Victor $175,000 None Available
Phillips Dianna C -- None Available
Philips Dianna C -- None Available
Phillips Dianna -- --
Phillips Dianna C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schlump Alex $36,746
Open Schlump Alex $147,500
Previous Owner Phillips Dianna $103,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $295,000 -4.8% $174 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
10/26/2023 10/26/23 For Sale $310,000 +77.1% $183 / Sq Ft
11/26/2019 11/26/19 Sold $175,000 -18.2% $103 / Sq Ft
11/18/2019 11/18/19 Pending -- -- --
10/30/2019 10/30/19 For Sale $213,900 -- $126 / 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 $3,500 $159,900 $0 $0
2024 $2,180 $156,500 $0 $0
2023 $4,239 $145,900 $0 $0
2022 $5,246 $122,400 $0 $0
2021 $5,111 $109,400 $0 $0
2020 $4,183 $109,600 $0 $0
2019 $3,745 $109,600 $0 $0
2018 $3,671 $102,200 $0 $0
2017 $908 $90,549 $31,561 $58,988
2016 $3,495 $90,549 $0 $0
2015 -- $83,288 $0 $0
2014 -- $75,006 $0 $0
2012 -- $78,577 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2024

    William Goetz

    O'Connor Realty, Inc

    (586) 915-7256

    1 in this area

    28 Total Sales

    William Goetz
    Section Image

  • F

    Buyer's Agent in 2024

    Frostie Owen

    Arterra Luxe Collection LLC

    Section Image
  • Alfred Phillips

    Seller's Agent in 2019

    Alfred Phillips

    Realty Professionals

    (586) 932-2660

    49 Total Sales

    Alfred Phillips
    Section Image

  • J

    Buyer's Agent in 2019

    Jon Janssen

    Sine & Monaghan Realtors Real Living LLC SC

    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230089547

Realcomp

APN: 22-03-11-100-028

Michigan Macomb County Richmond 48062

78171 Memphis Ridge Rd, Richmond, MI

This home is located at 78171 Memphis Ridge Rd, Richmond, MI 48062 since 26 October 2023 and is currently estimated at $321,416, approximately $189 per square foot. This property was built in 1993. 78171 Memphis Ridge Rd is a home located in Macomb County with nearby schools including Memphis Elementary School and Memphis Junior/Senior 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

Nearby Homes