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Spring Arbor 49283
410 RICHARD ST
$155,000
● House - Off Market

410 RICHARD ST

Spring Arbor, MI 49283
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,880 Ft²
$234,954
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Move Right In!! This home has been updated throughout. Features include 3 to 4 bd rms w/ large closets, 2 full baths, Main Floor Laundry, a Sun Room off the Master and Living Rm, Warm Family Rm with fireplace, Breakfast nook and Formal Dining, Walkout Basement with tons of storage.   Fenced Back yard and a Large 2.5 car attached garage.
Unit Size
1,880 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$82
Property Type
House
Property Taxes
$171
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #21054560)

Price History

Date / Event Date Event Price
Jun 13, 2018 Sold
Premium
Sold
Apr 18, 2018 Listed by C-21 Affiliated - Jackson $155,000
Listed by C-21 Affiliated - Jackson
Dec 12, 1987 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 672
  • Garage Type: 7
  • Garage Square Area: 912
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,856
  • Lot Size Depth Feet: 2,400
  • Lot Size Frontage Feet: 1,320
  • Total Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HENDERSON SUBDIVISION
  • Land Acres: 0000000364
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOTS 4 AND 5 HENDERSON SUBDIVISION

Neighborhood

  • School District Name: Western School District
  • School Tax School District: 38010
  • Census Tract: 005400

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: MAPS 0
  • District: 15
  • Parcel: 116-12-16-426-002-00
  • Lot: 4-5
  • Municipality: SPRING ARBOR TWP
  • Latitude: 42.2109
  • Longitude: -84.5446

    Address

  • Full Address: 410 Richard St
  • Address - House Number: 410
  • Address - Street Name: Richard
  • Address - Suffix Type: St
  • State: MI
  • City Name: Spring Arbor
  • Carrier Code: R082
  • 4-Digit Zip Code: 9610
  • Zip Code: 49283

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $275,237
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.1855
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 75
  • Final Value: 237,593
  • High Value: 281,675
  • Low Value: 193,511

    Market Valuation

  • Market Total Value: $183,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $91,800

    Sales

  • Current Sale Contract Date: Jun 07, 2018
  • Current Sale Recording Date: Jun 13, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2798575
  • Previous Sale Recording Date: Dec 12, 1987
  • Previous Sale Contract Date: Dec 12, 1987
  • Previous Sale Amount: $21,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Spring Arbor

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$155

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1378 ft²

Average Home Age

53.3 years

Currently For Sale

3 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MichRIC

Listed by: BRENT JOHNSON, C-21 Affiliated - Jackson
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21054560
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 410 Richard Street built and last sold?
The property at 410 Richard Street was built in 1950 and last sold on Jun 7, 2018 for $155,000.
How much is this home worth?
The estimated value of the home located at 410 Richard Street is $167,928.
What are some comparable homes to 410 Richard Street?
There are currently no comparable homes to 410 Richard Street.
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