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Active · Relocation · MLS #58050221190
$359,000 3 bd2 ba1,972 sqft

74875 Memphis Ridge RD, Richmond Township, MI 48062

Price cut $41,000 since it was listed at $400,000

Est. $2,580/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1960
Lot0.95 acres
Garage2 spaces
Price/sqft$182
On market41 days

About this home

Welcome home to this stunning, fully renovated residence combining modern finishes with everyday comfort. Every inch of this property has been beautifully updated with new flooring, fresh paint, and stunning lighting making it completely move-in ready. Kitchen features an updated layout with a spacious bar-height countertop perfect for casual dining and entertaining. Stay cozy with elegant fireplaces located in both the family room and the private master bedroom suite. A quiet, functional workspace designed for today's remote professional. Step outside to a peaceful, private backyard. An expansive, oversized attached garage provides plenty of room for vehicles, storage, or a workshop.

Monthly payment

$2,580per month
Principal & interest$2,042
Property tax, current$189
Homeowners insurance$200
Mortgage insurance (PMI)$148

The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.

The facts

Price$359,000
Original price$400,000
Price cut−$41,000
Beds3
Baths1 full, 1 half
Square feet1,972
TypeSingle family residence
SubdivisionNONE
CountyMacomb
MLS #58050221190
Listed2026-09-09
Days on market41
Year built1960
PossessionAt closing
Stories2 stories
HeatingForced air, Natural gas
FoundationCrawl space, Slab
Garage spaces2.0
Water / SewerWell / Septic
FireplaceYes
Parcel number220323201004
Listing officeShanks Real Estate

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value—about $179,500
Yearly property tax$2,273about $4,568

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $2,295 a year more than this seller pays. Estimate uses Richmond Township's 2025 homestead rate of 25.45 mills and assumes you claim the homestead exemption. See Richmond Township's full tax breakdown or run the uncapping calculator.

Location

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and MiRealSource, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-03T10:57+00:00; refreshed at least twice daily.

$359,000Est. $2,580/mo
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