Sold
388 Richard Street, Spring Arbor, MI 49283
Sold on 07/16/2025 for$250,000
MLS # 25024153 (Michigan Regional Information Center (MichRIC))
3 beds2 baths2,660 sqftBuilt 19650.32 acres
1 / 34
Listing Description
WESTERN SCHOOLS!! This home is located in a Lathers subdivision in Spring Arbor, Mi. This home offers 1,560 sq.ft of living space on the main floor with an open floor plan for a home that was built in 1965. Spacious kitchen with an attached dining space, two living rooms, one with a wood burning fireplace that leads to a back private deck, 3 nice size bedrooms with a full bath and a half bath all on the main level. The lower level is also 1560 sq.ft. that is partially finished with about 1000 sq.ft. for all of your entertaining needs. The rest of the basement can be closed off with double doors has all the mechanicals, laundry and a huge amount of space for all of your storage needs. Two car attached garage with paved driveway. This home has some serious potential! Make this home yours!!
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 2,660 sq ft home built in 1965 sits in Spring Arbor Township in Spring Arbor.
Closed at $250,000 (about $94/sq ft).
Annual property taxes run approximately $4,238 ($353/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by Consumers Energy Company. Broadband is available with download speeds up to 1,200 Mbps from 7 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area2,660 sqft
Lot Size0.32 acres
Year Built1965
Stories1
Location
CitySpring Arbor
MunicipalitySpring Arbor Twp
Zip Code49283
CountyJackson
School DistrictWestern School District
Construction & Systems
StyleRanch
ConstructionBrick, Vinyl Siding
BasementFull
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesHigh-Speed Internet
InteriorGarage Door Opener
Sale & Financing
Listed5/24/2025
Sold Date7/15/2025
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,652
Tax Year2024
State Equalized Value$112,500
Taxable Value$70,675
Assessed Value$68,550
Parcel #140-12-16-402-007-00
Source: Public Records
Legal Description
DIST:15 CITY/MUNI/TWP:SPRING ARBOR TWP LOT 7 LATHER ESTATES SUBDIVISION
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by JEFF REDMAN
Home 1st Real Estate
Frequently Asked Questions about 388 Richard Street, Spring Arbor, MI 49283
Which school district serves 388 Richard Street, Spring Arbor, MI 49283?
Per MLS# 25024153, 388 Richard Street, Spring Arbor, MI 49283 is in the Western School District boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Western School District directly to confirm enrollment eligibility.
What financing options are available for 388 Richard Street, Spring Arbor, MI 49283?
Per MLS# 25024153, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 388 Richard Street, Spring Arbor, MI 49283?
Per public tax records, annual property taxes for this property are $2,652 (2024). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 388 Richard Street, Spring Arbor, MI 49283 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 388 Richard Street, Spring Arbor, MI 49283 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 388 Richard Street, Spring Arbor, MI 49283. The maximum advertised download speed is 1.2 Gbps. 7 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 388 Richard Street, Spring Arbor, MI 49283?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Spring Arbor Twp police department or the Jackson County sheriff's office.
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Tax Estimate
$
Annual tax$4,238
Monthly$353
Millage rate37.6732 mills
Municipality: Spring Arbor
School district: WESTERN SCHOOL DISTRICT
County: Jackson
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
BETATax History
View SEV, Taxable Value, and uncapping difference for this parcel — Jackson County public records.
Mortgage Calculator
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Monthly payment$2,071
Principal & interest$1,718
Property taxes$353
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1.2 Gbps
Upload
35 Mbps
CableGSO SatelliteUnlicensed Fixed WirelessSatelliteLicensed Fixed Wireless
7 providers at this address
XfinityCable
1.2 GbpsStarlinkGSO Satellite
280 MbpsMercury FiberUnlicensed Fixed Wireless
150 MbpsHughesNetSatellite
100 MbpsViasat IncSatellite
100 MbpsAT&TLicensed Fixed Wireless
25 MbpsT-MobileLicensed Fixed Wireless
0 MbpsFCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
388 Richard Street, Spring Arbor, MI 49283
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Municipality
Spring Arbor Township
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County
Jackson County
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