NOT LISTED FOR SALE

7862 Rich Rd Fostoria, MI 48435

Rich Township Neighborhood

Estimated Value: $251,000 - $320,000

3 Beds
2 Baths
1,800 Sq Ft
$156/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $215,000 $119 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,544/month

146 Days on Market

Highlights

  • Home fronts a pond
  • Farm
  • Pole Barn
  • 13.48 Acre Lot
  • Ranch Style House
  • No HOA

About This Home

As of March 2022

Are you ready for the great outdoors? Thirteen acres with four acres of hay, established pastures, tiled fields, and a 36x40 pole barn with 110 electrical service. The home offers a newer furnace, hot water tank, and a new dishwasher and microwave are included with the sale. A newer pellet stove and a wood-burning stove are used as the primary heat sources to reduce the fuel bills. A 100-gallon propane tank is available when needed. Schedule your showing today and review the recent appraisal dated 8/13/2021 that is available at the property.

Last Agent to Sell the Property

Michael Young

H W Realty License #6501348403 Listed on: 09/11/2021

Last Buyer's Agent

Frank Choate

Allstate Properties.com License #6501309502

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1973

Lot Details

  • 13.48 Acre Lot
  • Lot Dimensions are 430x1319x434x1323
  • Home fronts a pond

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • Ceiling Fan
  • Basement
  • Sump Pump

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting
  • Pole Barn
  • Gazebo

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Electric Water Heater

Additional Features

  • Ground Level
  • Farm

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01802901000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,096

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1973
  • State Equalized Value: 92900.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Interior Entry
  • Sq Ft Combined: 1800
  • Total Sq Ft: 1800
  • Sq Ft Total Bsmt: 1170

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Lighting, Gazebo
  • Foundation Materials: Block
  • Frontage Feet: 430
  • Road Frontage Type: Gravel
  • Waterfront Description: Pond

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Propane, Wood
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Electric
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: North Branch

Lot Info

  • Homestead: Yes
  • Lot Features: Farm
  • Lot Size Area: 13.48
  • Lot Dimensions: 430x1319x434x1323
  • Parcel Number: 01802901000
  • Percent Tiled: 50
  • Percent Tillable: 50

Tax Info

  • Tax Amount Summer: 722.0000
  • Tax Amount Winter: 1374.0000
  • Total Tax: 2096.0000
  • Taxable Value: 73997.0000

MLS Schools

  • School District: North Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2021
Closed on
Mar 3, 2022
Sold by
Stevens Nathan T and Stevens Dana M
Bought by
Grundy Jason
Seller's Agent
Michael Young
H W Realty
Buyer's Agent
Frank Choate
Allstate Properties.com
List Price
$299,900
Sold Price
$215,000
Premium/Discount to List
-$84,900
-28.31%
Current Estimated Value
$281,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,103
Avg. Annual Appreciation
7.96%
Original Mortgage
$215,000
Outstanding Balance
$200,723
Interest Rate
3.69%
Mortgage Type
VA
Estimated Equity
$80,380

Purchase Details

Listed on
May 5, 2016
Closed on
Aug 31, 2016
Sold by
Mason Jessica and Mason Jeremy S
Bought by
Stevens Dana M and Stevens Nathan T
Seller's Agent
Robert Torrey
Real Broker LLC Bloomfield
Buyer's Agent
Michael Young
H W Realty
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$152,192
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2004
Sold by
Vollweiler Herman
Bought by
Mason Jeremy S
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
Grundy Jason $215,000 Cislo Title
Stevens Dana M $155,000 --
Mason Jeremy S $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grundy Jason $215,000
Previous Owner Stevens Dana M $152,192
Previous Owner Mason Jeremy S $121,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2022 03/03/22 Sold $215,000 -14.0% $119 / Sq Ft
02/05/2022 02/05/22 Pending -- -- --
01/26/2022 01/26/22 Price Changed $249,900 -3.8% $139 / Sq Ft
01/03/2022 01/03/22 Price Changed $259,900 -3.7% $144 / Sq Ft
11/30/2021 11/30/21 Price Changed $269,900 -5.3% $150 / Sq Ft
11/02/2021 11/02/21 Price Changed $284,900 -3.4% $158 / Sq Ft
10/25/2021 10/25/21 Price Changed $294,900 -1.7% $164 / Sq Ft
09/11/2021 09/11/21 For Sale $299,900 +93.5% $167 / Sq Ft
08/12/2016 08/12/16 Sold $155,000 -6.1% $99 / Sq Ft
06/17/2016 06/17/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $165,000 -- $105 / 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 $192 $124,000 $0 $0
2024 $192 $114,500 $0 $0
2022 $11 $0 $0 $0
2021 $2,101 $92,900 $0 $0
2020 $2,089 $79,500 $0 $0
2019 $2,123 $72,800 $0 $0
2018 $2,031 $71,600 $71,600 $0
2017 $3,243 $68,500 $0 $0
2016 $495 $62,100 $62,100 $0
2015 -- $57,500 $0 $0
2014 -- $57,400 $57,400 $0
2013 -- $51,800 $51,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Young

    Seller's Agent in 2022

    Michael Young

    H W Realty

    (810) 656-6095

    1 in this area

    30 Total Sales

    Michael Young
    Section Image
  • Frank Choate

    Buyer's Agent in 2022

    Frank Choate

    Allstate Properties.com

    (810) 656-1928

    1 in this area

    24 Total Sales

    Frank Choate
    Section Image
  • Robert Torrey

    Seller's Agent in 2016

    Robert Torrey

    Real Broker LLC Bloomfield

    (248) 701-0480

    148 Total Sales

    Robert Torrey
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210075797

Realcomp

APN: 018-029-010-00

Michigan Lapeer County Fostoria 48435 Rich Township

7862 Rich Rd, Fostoria, MI

This home is located at 7862 Rich Rd, Fostoria, MI 48435 since 11 September 2021 and is currently estimated at $281,103, approximately $156 per square foot. This property was built in 1973. 7862 Rich Rd is a home located in Lapeer County with nearby schools including North Branch Elementary School, North Branch Middle School, and Ruth Fox Middle 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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