Sold
7225 RICH Road, Fostoria, MI 48435
Sold on 03/08/2024 for$285,000
MLS # 20240010050 (Realcomp)
3 beds2 baths2,432 sqftBuilt 199110.22 acres
1 / 1
Listing Description
Pending before print
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 2,432 sq ft home built in 1991 sits in Rich Township in Fostoria.
Closed at $285,000 (about $117/sq ft).
Property tax estimate: $1,666 per year ($139/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area2,432 sqft
Lot Size10.22 acres
Year Built1991
Stories1
Location
CityFostoria
MunicipalityRich Twp
Zip Code48435
CountyLapeer
School DistrictNorth Branch
Construction & Systems
ConstructionVinyl Siding
BasementPartial
HeatingForced Air
WaterWell
SewerSeptic Tank
InteriorBasement Partially Finished
Sale & Financing
Listed2/20/2024
Sold Date3/7/2024
Terms AcceptedCash, Conventional, FHA, Rural Development
Source: SparkMLS
Tax Information
Annual Tax$1,666
Parcel #01803101100
Source: SparkMLS
Legal Description
SPLIT 1990 SEC 31 T10N R10E THE N 336.96 FT OF THE NE 1/4 OF THE SE 1/4 10.22 ACRES
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 Douglas F Ferrell
Realty Executives Main St LLC
Frequently Asked Questions about 7225 RICH Road, Fostoria, MI 48435
Which school district serves 7225 RICH Road, Fostoria, MI 48435?
Per MLS# 20240010050, 7225 RICH Road, Fostoria, MI 48435 is in the North Branch boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact North Branch directly to confirm enrollment eligibility.
What financing options are available for 7225 RICH Road, Fostoria, MI 48435?
Per MLS# 20240010050, this listing accepts Cash, Conventional, FHA, Rural Development financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 7225 RICH Road, Fostoria, MI 48435?
Per public tax records, annual property taxes for this property are $1,666. 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, 7225 RICH Road, Fostoria, MI 48435 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 7225 RICH Road, Fostoria, MI 48435 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 utilities serve 7225 RICH Road, Fostoria, MI 48435?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Sewer: Septic Tank. Water: Well. 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 Rich Twp police department or the Lapeer County sheriff's office.
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Monthly payment$1,945
Principal & interest$1,945
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
7225 RICH Road, Fostoria, MI 48435
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Municipality
Rich Township
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