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Single Family ResidenceResidential
$198,191$165 / ft²
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 93How 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 $152,000 on Dec 23, 2020

70577 PLACE RD

RICHMOND, MI 48062
4
Beds
1.5
Baths
1,204 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1.14 ac
Lot SizeThe size of the land the home sits on, from county records.
1940
Year BuiltThe year the home was originally built, according to county records.

Valuation

$198K
$185K low$211K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$152,000 · Dec 23, 2020
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.$53,791
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$43,033
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.73%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$144,400
CALIBER HOME LOANS INC · recorded Dec 23, 2020

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,024 (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.$90,000 (2026)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$81,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$180,000

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMACOMB
Lot (acres)The size of the land the home sits on, from county records.1.14
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(1)

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.

E
Orville C Krause Elementary SchoolA-
Elementary · Grades PK–5 · 3.0 mi
M
Armada Middle SchoolB-
Middle · Grades 6–8 · 3.0 mi
H
Armada High SchoolA-
High · Grades 9–12 · 3.1 mi

District: Armada Area 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.Owner occupied
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

70577 Place 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.

  • Worth less than 85% of homes in Richmond 48062
  • Costs less per square foot than 65% of homes in Richmond 48062
  • Smaller than 82% of homes in Richmond 48062
  • Has a bigger lot than 93% of homes in Macomb County
  • Older than 94% 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
$135K$607K

This home is worth more than 15% of 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$198,191
CheaperTypical $287,900Pricier

Pricier than 15% of homes nearby

Price per ft²$165
CheaperTypical $177Pricier

Pricier than 35% of homes nearby

Living area1,204 ft²
SmallerTypical 1,620 ft²Bigger

Bigger than 18% of homes nearby

Lot size1.14 ac
SmallerTypical 0.51 acBigger

Bigger than 59% of homes nearby

Year built1940
OlderTypical 1989Newer

Newer than 17% of homes nearby

How 70577 Place Rd ranks against every home in each area.
MeasureThis homeRichmond 48062Macomb County
Estimated valuepricier than$198,19115% of homes30% of homes
Price per ft²pricier than$16535% of homes37% of homes
Living areabigger than1,204 ft²18% of homes33% of homes
Lot sizebigger than1.14 ac59% of homes93% of homes
Year builtnewer than194017% of homes6% of homes

About 70577 Place Rd

How much is 70577 Place Rd, Richmond, MI worth?

The TopHap Estimate for 70577 Place Rd, Richmond, MI is $198,191 as of Jul 14, 2026. The likely range is $184,912 to $211,470. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 70577 Place Rd, Richmond, MI last sell?

70577 Place Rd, Richmond, MI last sold on Dec 23, 2020 for $152,000, according to the county's recorded deed.

How big is 70577 Place Rd, Richmond, MI?

70577 Place Rd, Richmond, MI has 4 bedrooms, 1.5 bathrooms, 1,204 square feet of living space and a 1.14-acre lot.

When was 70577 Place Rd, Richmond, MI built?

70577 Place Rd, Richmond, MI was built in 1940, making it 86 years old.

What schools serve 70577 Place Rd, Richmond, MI?

70577 Place Rd, Richmond, MI is assigned to Orville C Krause Elementary School (elementary), rated A-; Armada Middle School (middle), rated B-; Armada High School (high), rated A-. All sit in Armada Area Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 70577 Place Rd, Richmond, MI compare to other homes in Richmond 48062?

Among the 3,318 homes in Richmond 48062, it is worth more than 15% of them ($198,191 against a typical $287,900), its price per square foot is higher than 35% of them ($165 against a typical $177), it is bigger than 18% of them (1,204 ft² against a typical 1,620 ft²), its lot is bigger than 59% of them (1.14 ac against a typical 0.51 ac) and it is newer than 17% of them (1940 against a typical 1989). Measured against all of Macomb County, it is worth more than 30% 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 70577 Place Rd, Richmond, MI?

The 2025 property tax bill for 70577 Place Rd, Richmond, MI was $2,024. The county assessed it at $90,000.

More homes on Place Rd

Closest homes

More homes in Richmond 48062

Assigned schools

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