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Residential - Vacant LandResidential
$131,071
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 56How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $60,000 on Aug 1, 2018

74561 MEMPHIS RIDGE RD

RICHMOND, MI 48062
0
Baths
6.51 ac
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$131K
$73K low$189K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$60,000 · Aug 1, 2018
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$131,071
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$104,857

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,754 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$42,000 (2026)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$43,300
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$84,000

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.7 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Residential - Vacant Land
CountyMACOMB
Lot (acres)The size of the land the home sits on, from county records.6.51
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Richmond Community High SchoolB
High · Grades 9–12 · 2.4 mi
M
Richmond Middle SchoolB-
Middle · Grades 4–8 · 2.5 mi
E
Will L Lee SchoolA-
Elementary · Grades PK–3 · 2.5 mi

District: Richmond Community Schools

Neighborhood · ZIP 48062These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.104
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.108
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.24

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.18%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.10,003
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.253 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$85,566
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$100,662
Average tempThe average temperature here across a full year.47°F
Annual precipHow much rain and melted snow falls here in a typical year.32 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.53%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

74561 Memphis Ridge Rd measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the least valuable homes in Richmond 48062
  • Has a bigger lot than 97% of homes in Macomb County

What homes are worth in Richmond 48062

Each bar is how many homes fall in that price range. The marker is this home.

This home
$143K$610K

This home is worth less than almost all homes in Richmond 48062.

How it measures up in Richmond 48062

The dot is this home. The mark in the middle is the typical home in Richmond 48062.

Estimated value$131,071
CheaperTypical $288,834Pricier

Cheaper than almost all homes nearby

Lot size6.51 ac
SmallerTypical 0.51 acBigger

Bigger than 88% of homes nearby

How 74561 Memphis Ridge Rd ranks against every home in each area.
MeasureThis homeRichmond 48062Macomb County
Estimated valuepricier than$131,071almost no homes11% of homes
Lot sizebigger than6.51 ac88% of homes97% of homes

About 74561 Memphis Ridge Rd

How much is 74561 Memphis Ridge Rd, Richmond, MI worth?

The TopHap Estimate for 74561 Memphis Ridge Rd, Richmond, MI is $131,071 as of Jul 14, 2026. The likely range is $73,486 to $188,656. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 74561 Memphis Ridge Rd, Richmond, MI last sell?

74561 Memphis Ridge Rd, Richmond, MI last sold on Aug 1, 2018 for $60,000, according to the county's recorded deed.

What schools serve 74561 Memphis Ridge Rd, Richmond, MI?

74561 Memphis Ridge Rd, Richmond, MI is assigned to Richmond Community High School (high), rated B; Richmond Middle School (middle), rated B-; Will L Lee School (elementary), rated A-. All sit in Richmond Community Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 74561 Memphis Ridge Rd, Richmond, MI compare to other homes in Richmond 48062?

Among the 3,318 homes in Richmond 48062, it is worth more than almost none of them ($131,071 against a typical $288,834) and its lot is bigger than 88% of them (6.51 ac against a typical 0.51 ac). Measured against all of Macomb County, it is worth more than 11% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 74561 Memphis Ridge Rd, Richmond, MI?

The 2025 property tax bill for 74561 Memphis Ridge Rd, Richmond, MI was $1,754. The county assessed it at $42,000.

More homes on Memphis Ridge Rd

Closest homes

More homes in Richmond 48062

Assigned schools

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