NOT LISTED FOR SALE

1603 River Terrace East Lansing, MI 48823

Downtown East Lansing Neighborhood

Estimated Value: $260,000 - $286,000

3 Beds
2 Baths
1,504 Sq Ft
$181/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $156,300 $104 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,889/month

10 Days on Market

Highlights

  • 1.06 Acre Lot
  • 1 Car Attached Garage
  • Forced Air Heating System
  • Bennett Woods Elementary School Rated A
  • Living Room
  • Dining Room

About This Home

As of August 2018

Unbelievable Okemos school opportunity, 3 blocks from MSU. ON THE RIVER!! Over 1 acre, all brick tri-level, hardwood floors, tenant occ.

Last Agent to Sell the Property

James Kost

Coldwell Banker Professionals-E.L. License #6502353412 Listed on: 06/11/2018

Coldwell Banker Professionals-E.L.

Last Buyer's Agent

Lisa Fletcher

Berkshire Hathaway HomeServices License #6506019559

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,600

Year Built

  • Built in 1953

Lot Details

  • 1.06 Acre Lot
  • Lot Dimensions are 100x453

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Bedroom in Basement
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,600

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 2017
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1953
  • Lot Size Acres: 1.06
  • Lot Size: 100X453
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1104.0
  • Architectural Style: Tri-Level
  • Living Area: 1504.0
  • General Property Info:Lot Size Dimensions: 100X453
  • General Property Info:Above Grade Finished Area: 1104.0
  • General Property Info:Total Livable Area: 1504.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths B: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Appliances Refrigerators: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Exterior:Brick: Yes
  • Architectural Style:Tri-Level: Yes
  • General Property Info:Building Area Total SqFt: 1932.0
  • Special Features: None

Interior Features

  • Basement: Partially Finished
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 3
  • Room: 7
  • Property Type: Residential
  • Bedroom 3 Level: Basement
  • Other Level: Basement
  • Full Bathrooms: 2
  • Below Grade Sq Ft: 400.0
  • Appliances:Gas Water Heater: Yes
  • Appliances Range: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Roof: Shingle
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Home Warranty: No
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Attached, Gravel
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features:Gravel2: Yes
  • Parking Features:Attached: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater, Refrigerator, Range
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Okemos

Lot Info

  • Lot Size Sq Ft: 45999.36
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2018
Closed on
Aug 29, 2018
Sold by
Gee Derek H
Bought by
Rill Melissa A and Rill Sagan
Seller's Agent
James Kost
Coldwell Banker Professionals-E.L.
Buyer's Agent
Lisa Fletcher
Berkshire Hathaway HomeServices
List Price
$149,900
Sold Price
$156,300
Premium/Discount to List
$6,400
4.27%
Total Days on Market
10
Current Estimated Value
$271,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,468
Avg. Annual Appreciation
8.14%
Original Mortgage
$153,468
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 1989
Bought by
Foley
Source: Public Records

Similar Homes in East Lansing, MI

  • 657 Spartan Ave, East Lansing, MI 48823

    $209,900

    • 3 Beds
    • 2 Baths
    • 1,296 Sq Ft
    • 657 Spartan Ave
    • East Lansing, MI

    Great Location. Home needs cosmetic repairs. Newer roof, windows, furnace and water heater. Owner occupied for 40 years. Great starter home or potential investment property. Cash or Conventional financing. Seller will make no repairs Great Location. 3 bdrm 2 bath home with a full partially finished basement and detached 1.5 car garage. Home needs cosmetic repairs. Newer roof, windows, furnace and

    Tom Hands The Local Element

    Section Image
  • 5120 Wardcliff Dr, East Lansing, MI 48823

    $249,900

    • 3 Beds
    • 1.5 Baths
    • 1,788 Sq Ft
    • 5120 Wardcliff Dr
    • East Lansing, MI

    This 3 bed 1.5 bath ranch is situated perfectly in Okemos Schools with Meridian Township Taxes and East Lansing Address. Brick exterior updated w/new roof, furnace and ac. Walk inside and appreciate the light and bright feel to the home with hardwoods that extend from living room into hall and bedrooms. Living is good sized and open to both kitchen off rear with dining area and door to deck

    Joseph Vitale Century 21 Affiliated

    Section Image
  • 5213 Blue Haven Dr, East Lansing, MI 48823

    $299,800

    • 3 Beds
    • 1.5 Baths
    • 2,021 Sq Ft
    • 5213 Blue Haven Dr
    • East Lansing, MI

    Okemos Schools! Move-in ready! Many updates! Spacious living room, newer kitchen cabinets, handy breakfast bar. Eating area with slider to deck. Updates include: new flooring, windows, geo thermal heat pump system, central air, . Remodeled baths, basement family room with fireplace. New concrete driveway, floor, garage doors and electric panel for EV vehicles and workshop expansion. Fresh

    Carol Shaheen Berkshire Hathaway HomeServices

    Section Image
  • 2666 Roseland Ave, East Lansing, MI 48823

    $259,000

    • 3 Beds
    • 1.5 Baths
    • 1,454 Sq Ft
    • 2666 Roseland Ave
    • East Lansing, MI

    This is a fantastic affordable 3-bedroom ranch in the much sought after Meridian Township and acclaimed Okemos School District!The home is extremely convenient as it's centrally located between both shopping and MSU to attend classes, sporting events and the Wharton Center.Across the street, the neighborhood school property contains both a community garden and a playground for families to enjoy.

    Debbie McCarthy Coldwell Banker Professionals-E.L.

    Section Image
  • 420 John R St, East Lansing, MI 48823

    $219,900

    • 3 Beds
    • 1.5 Baths
    • 1,196 Sq Ft
    • 420 John R St
    • East Lansing, MI

    **HIGHEST AND BEST DUE FRIDAY, 5/30/25, BY 8PM***Mid-Century Charm Meets Modern Mischief *420 John R St. is a perfect balance of timeless class with a wink of character. This 3 bedroom, 1.5 bath midcentury gem neighbors Marble Elementary and MacDonald Middle schools. You could walk there with your eyes closed (but don’t).Step inside and you’ll find vintage charm with a modern edge

    Sarah Reck Keller Williams Realty Lansing

    Section Image
  • 466 Wayland Ave, East Lansing, MI 48823

    $315,500

    • 3 Beds
    • 2 Baths
    • 1,464 Sq Ft
    • 466 Wayland Ave
    • East Lansing, MI

    CHARMING CAPE COD IN PRIME EAST LANSING, MI LOCATION: Welcome to this solidly built 2-story Cape Cod nestled on a desirable corner lot close to Michigan State University. This home combines classic charm with thoughtful updates and offers three bedrooms, two full bathrooms, and 1,464 square feet of living space. Step inside to find a warm, inviting living room with an attractive fireplace, a

    Sandy Baker Preview Properties PC

    Section Image
  • 1653 Melrose Ave, East Lansing, MI 48823

    $220,000

    • 3 Beds
    • 1 Bath
    • 912 Sq Ft
    • 1653 Melrose Ave
    • East Lansing, MI

    Nestled in the quaint and walkable Grandview neighborhood, this charming 3-bedroom, 1-bath bungalow is just a short stroll to the MSU campus and nearby parks. The home features a full basement, a two-car garage, and a fully fenced backyard perfect for privacy and outdoor enjoyment. Inside, the living room showcases a gabled roof with mid-century rounded ceiling details, adding unique

    Erica Marshall REO-TCFront-233021

    Section Image
  • 501 Virginia Ave, East Lansing, MI 48823

    $264,900

    • 4 Beds
    • 2 Baths
    • 1,008 Sq Ft
    • 501 Virginia Ave
    • East Lansing, MI

    Picture perfect East Lansing ranch, just moments away from campus. Welcome to this 4 bedroom, 2 bath home, in an unbeatable location. This home is convenient for students, faculty, and professionals alike with easy access to campus, dining spots, shopping centers, and recreational facilities. Once inside the home boasts three generously sized bedrooms and one full bath on the first floor and one

    Chad Hooks Berkshire Hathaway HomeServices Kee Realty Bham

    Section Image
  • 670 Stoddard Ave, East Lansing, MI 48823

    $234,900

    • 3 Beds
    • 2 Baths
    • 1,190 Sq Ft
    • 670 Stoddard Ave
    • East Lansing, MI

    ** Highest and best is due on Monday, May 26th, 2025 at 9:00pm. ** Welcome to this beautifully maintained 3-bedroom, 2-bathroom home nestled in the heart of East Lansing's sought-after Avondale neighborhood. Offering comfort, convenience, and character, this two-story gem is perfect for families, professionals, or anyone looking to enjoy a vibrant community close to everything.Step inside to find

    Mykayla Fenska Weichert, Realtors - Home Towne

    Section Image
See All Homes in East Lansing

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rill Melissa A $156,300 Tri County Title Agency Llc
Foley $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rill Sagan $46,000
Open Rill Melissa A $149,612
Closed Rill Melissa A $153,468
Previous Owner Song Robert Moohyun $102,500
Previous Owner Foley George Hamilton $36,000
Previous Owner Foley George Hamilton $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2018 08/29/18 Sold $156,300 +4.3% $104 / Sq Ft
06/21/2018 06/21/18 Pending -- -- --
06/11/2018 06/11/18 For Sale $149,900 -- $100 / Sq Ft
Source: Greater Lansing Association of Realtors®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,410 $106,500 $34,100 $72,400
2023 $4,410 $94,900 $35,000 $59,900
2022 $4,200 $88,700 $38,500 $50,200
2021 $4,121 $87,500 $34,100 $53,400
2020 $4,209 $77,900 $34,100 $43,800
2019 $4,231 $82,300 $41,500 $40,800
2018 $3,754 $82,100 $33,200 $48,900
2017 $3,608 $80,800 $33,200 $47,600
2016 $1,664 $76,700 $31,500 $45,200
2015 $1,664 $72,400 $60,308 $12,092
2014 $1,664 $56,200 $46,361 $9,839
Source: Public Records

Agents Affiliated with this Home

  • James Kost

    Seller's Agent in 2018

    James Kost

    Coldwell Banker Professionals-E.L.

    (517) 881-8414

    155 Total Sales

    James Kost
    Section Image
  • Lisa Fletcher

    Buyer's Agent in 2018

    Lisa Fletcher

    Berkshire Hathaway HomeServices

    (517) 449-6100

    284 Total Sales

    Lisa Fletcher
    Section Image
See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 227089

Greater Lansing Association of Realtors®

APN: 02-02-20-103-014

Michigan Ingham County East Lansing 48823 Downtown East Lansing

1603 River Terrace, East Lansing, MI

This home is located at 1603 River Terrace, East Lansing, MI 48823 since 11 June 2018 and is currently estimated at $271,768, approximately $180 per square foot. This property was built in 1953. 1603 River Terrace is a home located in Ingham County with nearby schools including Bennett Woods Elementary School, Kinawa School, and Chippewa Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lansing Association of Realtors® IDX information is provided exclusively for Consumers'
personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2025 Greater Lansing Association of REALTORS®

Nearby Homes