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Single Family ResidenceResidential
$315,638$186 / 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 92How 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 $295,000 on Feb 22, 2024

78171 MEMPHIS RIDGE RD

RICHMOND, MI 48062
3
Beds
3
Baths
1,698 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.
2.81 ac
Lot SizeThe size of the land the home sits on, from county records.
1993
Year BuiltThe year the home was originally built, according to county records.
3
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$316K
$291K low$340K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$295,000 · Feb 22, 2024
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.$63,892
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$51,114
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.81%
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.$215,000
ROCKET MORTGAGE LLC · recorded Mar 20, 2026
2nd 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.$36,746
FIGURE LENDING LLC

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,414 (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.$167,600 (2026)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$159,900
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$335,200

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.2.81
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(6)

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.

M
Memphis Juniorsenior High SchoolB+
Middle · Grades 6–12 · 1.2 mi
E
Memphis Elementary SchoolA-
Elementary · Grades PK–5 · 1.4 mi

District: Memphis 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.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

78171 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.

  • Bigger than 65% of homes in Macomb County
  • Has a bigger lot than 95% of homes in Macomb County
  • Newer than 73% 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
$140K$609K

This home is worth more than 61% 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$315,638
CheaperTypical $287,744Pricier

Pricier than 61% of homes nearby

Price per ft²$186
CheaperTypical $177Pricier

Pricier than 60% of homes nearby

Living area1,698 ft²
SmallerTypical 1,620 ft²Bigger

Bigger than 55% of homes nearby

Lot size2.81 ac
SmallerTypical 0.52 acBigger

Bigger than 77% of homes nearby

Year built1993
OlderTypical 1989Newer

Newer than 56% of homes nearby

How 78171 Memphis Ridge Rd ranks against every home in each area.
MeasureThis homeRichmond 48062Macomb County
Estimated valuepricier than$315,63861% of homes64% of homes
Price per ft²pricier than$18660% of homes56% of homes
Living areabigger than1,698 ft²55% of homes65% of homes
Lot sizebigger than2.81 ac77% of homes95% of homes
Year builtnewer than199356% of homes73% of homes

About 78171 Memphis Ridge Rd

How much is 78171 Memphis Ridge Rd, Richmond, MI worth?

The TopHap Estimate for 78171 Memphis Ridge Rd, Richmond, MI is $315,638 as of Jul 14, 2026. The likely range is $291,426 to $339,850. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 78171 Memphis Ridge Rd, Richmond, MI last sell?

78171 Memphis Ridge Rd, Richmond, MI last sold on Feb 22, 2024 for $295,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 78171 Memphis Ridge Rd, Richmond, MI?

78171 Memphis Ridge Rd, Richmond, MI has 3 bedrooms, 3 bathrooms, 1,698 square feet of living space and a 2.81-acre lot.

When was 78171 Memphis Ridge Rd, Richmond, MI built?

78171 Memphis Ridge Rd, Richmond, MI was built in 1993, making it 33 years old.

What schools serve 78171 Memphis Ridge Rd, Richmond, MI?

78171 Memphis Ridge Rd, Richmond, MI is assigned to Memphis Juniorsenior High School (middle), rated B+; Memphis Elementary School (elementary), rated A-. All sit in Memphis Community Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 78171 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 61% of them ($315,638 against a typical $287,744), its price per square foot is higher than 60% of them ($186 against a typical $177), it is bigger than 55% of them (1,698 ft² against a typical 1,620 ft²), its lot is bigger than 77% of them (2.81 ac against a typical 0.52 ac) and it is newer than 56% of them (1993 against a typical 1989). Measured against all of Macomb County, it is worth more than 64% 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 78171 Memphis Ridge Rd, Richmond, MI?

The 2025 property tax bill for 78171 Memphis Ridge Rd, Richmond, MI was $4,414. The county assessed it at $167,600.

More homes on Memphis Ridge Rd

Closest homes

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Assigned schools

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