173 Richter Street

About this home

Welcome to this beautifully kept 4-bed, 2-bath home situated on a double lot! The home and yard are fully fenced, leaving the 2nd lot completely open and allowing for nearly endless possibilities. There are 2 beds and 1 bath on each floor, with an unfinished basement, making this home plenty spacious for large families! There is a brand-new furnace and a/c unit, as well as an updated electrical panel.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in River Rouge

Over the last 90 days, 11 homes sold in River Rouge for a median of $100,000, about $73 per square foot, and the typical one went under contract in 62 days. This home is listed at $195,000, or $159 per square foot, 118% above the city median, and has been on the market 2 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent River Rouge sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $3,147 a year. A buyer who lives here would pay about $3,232 to $8,044 a year once the taxable value resets after the sale, at the 2025 homestead rate of 81.69 mills for River Rouge City and River Rouge schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.

Location

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