NOT LISTED FOR SALE

8438 E Richfield Rd Davison, MI 48423

Richfield Township Neighborhood

Estimated Value: $145,000 - $187,000

2 Beds
1 Bath
1,100 Sq Ft
$150/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $125,000 $114 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $906/month

53 Days on Market

Highlights

  • 0.93 Acre Lot
  • Ground Level Unit
  • Bungalow
  • Hill Elementary School Rated A-
  • No HOA
  • Forced Air Heating System

About This Home

As of March 2023

Charming 2 bedroom, Cape Cod in Davison. Wood flooring throughout. Large Tree lined lot. All in Davison Schools, falls in the low money down, RD - Rural Development Loan area.

Last Agent to Sell the Property

Douglas Ferrell

Realty Executives Main St LLC License #6501342658 Listed on: 01/06/2023

Realty Executives Main St LLC

Last Buyer's Agent

Colleen Kemp

Coldwell Banker Professionals License #6501365933

Coldwell Banker Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940 | Remodeled in 2020

Lot Details

  • 0.93 Acre Lot
  • Lot Dimensions are 82x433x82x432

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • High Efficiency Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1632200012

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,338

Year Built

Built in 1940 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 638.00
  • Year Built: 1940
  • State Equalized Value: 38700.0000
  • Year Renovated: 2020
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 1100
  • Total Sq Ft: 1100
  • Sq Ft Total Bsmt: 650

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 82
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air, High Efficiency Sealed Combustion
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Davison

Lot Info

  • List Price per Acre: 155806.4500
  • Lot Size Area: 0.93
  • Lot Dimensions: 82x433x82x432
  • Parcel Number: 1632200012

Tax Info

  • Tax Amount Summer: 391.0000
  • Tax Amount Winter: 1947.0000
  • Total Tax: 2338.0000
  • Taxable Value: 33985.0000

MLS Schools

  • School District: Davison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Mar 31, 2023
Sold by
Ferrell Michael
Bought by
Laurin Stanislas
Seller's Agent
Douglas Ferrell
Realty Executives Main St LLC
Buyer's Agent
Colleen Kemp
Coldwell Banker Professionals
List Price
$154,900
Sold Price
$125,000
Premium/Discount to List
-$29,900
-19.3%
Views
109
Current Estimated Value
$157,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,080
Avg. Annual Appreciation
11.62%
Original Mortgage
$118,750
Outstanding Balance
$116,082
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$46,117

Purchase Details

Listed on
Feb 17, 2020
Closed on
Apr 2, 2020
Sold by
Russell Rhein
Bought by
Michael Ferrell
Seller's Agent
Dan Scrimger
Coldwell Banker Professionals
Buyer's Agent
Alyona Ferrell
Coldwell Banker Professionals
List Price
$104,900
Sold Price
$91,180
Premium/Discount to List
-$13,720
-13.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%

Purchase Details

Closed on
May 18, 2006
Sold by
Erickson Sharyl
Bought by
Rhein Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,842
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2004
Sold by
Bacon Ronald M and Bacon Wythel
Bought by
Bacon Ronald M and Erickson Sharyl

Purchase Details

Closed on
Dec 22, 2003
Sold by
Peters Diane P and Bacon Mildred
Bought by
Bacon Ronald M
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
Laurin Stanislas $125,000 Cislo Title Company
Michael Ferrell $91,180 None Available
Rhein Russell $75,000 Garrow Title Agency
Bacon Ronald M -- --
Bacon Ronald M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laurin Stanislas $118,750
Previous Owner Ferrell Michael $78,750
Previous Owner Rhein Russell $75,842
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $125,000 -13.7% $114 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
02/17/2023 02/17/23 Price Changed $144,900 -3.3% $132 / Sq Ft
02/03/2023 02/03/23 Price Changed $149,900 -3.2% $136 / Sq Ft
01/06/2023 01/06/23 For Sale $154,900 +69.9% $141 / Sq Ft
04/02/2020 04/02/20 Sold $91,180 -13.1% $106 / Sq Ft
02/17/2020 02/17/20 For Sale $104,900 -- $122 / 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
2024 $557 $48,500 $0 $0
2023 $411 $44,500 $0 $0
2022 $1,963 $38,700 $0 $0
2021 $1,951 $32,900 $0 $0
2020 $285 $32,200 $0 $0
2019 $281 $32,200 $0 $0
2018 $1,177 $28,300 $0 $0
2017 $1,408 $28,300 $0 $0
2016 $1,404 $30,000 $0 $0
2015 $671 $29,000 $0 $0
2014 $259 $22,500 $0 $0
2012 -- $25,600 $25,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Douglas Ferrell

    Seller's Agent in 2023

    Douglas Ferrell

    Realty Executives

    (810) 691-0731

    7 in this area

    287 Total Sales

    Section Image
  • Colleen Kemp

    Buyer's Agent in 2023

    Colleen Kemp

    Coldwell Banker Professionals

    (810) 577-0239

    2 in this area

    39 Total Sales

    Section Image

  • D

    Seller's Agent in 2020

    Dan Scrimger

    Coldwell Banker Professionals

    Section Image

  • A

    Buyer's Agent in 2020

    Alyona Ferrell

    Coldwell Banker Professionals

    Section Image
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Map

Source: Realcomp

MLS Number: 20230001431

Realcomp

APN: 16-32-200-012

Michigan Genesee County Davison 48423 Richfield Township

8438 E Richfield Rd, Davison, MI

This home is located at 8438 E Richfield Rd, Davison, MI 48423 since 06 January 2023 and is currently estimated at $164,913, approximately $149 per square foot. This property was built in 1940. 8438 E Richfield Rd is a home located in Genesee County with nearby schools including Thomson Elementary School, Siple Elementary School, and Hill Elementary 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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