Sold
8462 RICH Road, Rich, MI 48744
Sold on 06/28/2024 for$175,000
MLS # 20230072750 (Realcomp)
2 beds1 bath1,225 sqftBuilt 193011.9 acres
1 / 5
Listing Description
1600 SQ Ft house , I bath, Home on 11.9 Acres lot, Newer high efficiency Furnace. Newer well pump, , Newer water softner, High voltage power, Three Barns, two car garage, Fenced yard,
Source: SparkMLS
About this home
Located in Rich Township in Rich, this property offers 2-bedroom, 1-bath, 1,225 sq ft, with original construction dating to 1930.
Final sale price: $175,000 (about $143/sq ft).
Estimated annual property tax: $3,507, or about $292 monthly. 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
Bedrooms2
Bathrooms1
Living Area1,225 sqft
Lot Size11.9 acres
Year Built1930
Stories2
Location
CityRich
MunicipalityRich Twp
Zip Code48744
CountyLapeer
School DistrictMayville
Construction & Systems
Garage2 spaces
HeatingForced Air
WaterWell
SewerSeptic Tank
Sale & Financing
Listed8/27/2023
Sold Date6/27/2024
Original Price$299,900
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$3,507
Parcel #01802001020
Source: SparkMLS
Legal Description
PARCEL 5 SEC 20 T10N-R10E DES AS COM 280 FT S OF NW COR OF SEC; TH E 1332.47 FT; TH S 388.96 FT; TH S 89-59-23 W 1332.17 FT; TH N 389.20 FT TO POB. 11.90 ACRES (SPLIT FROM -00 12/1/03)
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 Nick Najjar
New Michigan Realty, LLC
Frequently Asked Questions about 8462 RICH Road, Rich, MI 48744
Which school district serves 8462 RICH Road, Rich, MI 48744?
Per MLS# 20230072750, 8462 RICH Road, Rich, MI 48744 is in the Mayville boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Mayville directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20230072750, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 8462 RICH Road, Rich, MI 48744?
Per public tax records, annual property taxes for this property are $3,507. 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, 8462 RICH Road, Rich, MI 48744 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 8462 RICH Road, Rich, MI 48744 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 8462 RICH Road, Rich, MI 48744?
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$1,297
Principal & interest$1,297
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
8462 RICH Road, Rich, MI 48744
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Municipality
Rich Township
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