1608 River Terrace East Lansing, MI 48823
Downtown East Lansing NeighborhoodEstimated Value: $293,000 - $314,000
5
Beds
2
Baths
2,242
Sq Ft
$136/Sq Ft
Est. Value
Highlights
- Wooded Lot
- Ranch Style House
- Sun or Florida Room
- Bennett Woods Elementary School Rated A
- Wood Flooring
- Private Yard
About This Home
As of November 2023Location, location, LOCATION!! Nestled in a forest of trees, this dramatic 5 bedroom/2 bath ranch style home has an exciting blend of sunlight, glass, hardwood flooring, and secluded views overlooking over a half acre of peace! Situated in Okemos schools, with an East Lansing address and Meridian Twp. Taxing, this home is perfect for a large family or MSU students alike, as it is steps away to MSU! This updated home is sure to please with so much to enjoy! Some of the updates include: Newer appliances, newer flooring in master bedroom, kitchen and dining room, hardwood floors sanded and sealed all in 2017, cool epoxy counter-tops in kitchen, tile flooring in 3 seasons room, egress window installed in lower level (installed by Exteriors of Lansing) in 2021, and so much more! In addition, a new sump pump was installed in 2023 and a secondary battery back-up is in place in the waterproofed basement too! The lower level features a recreation room and the 5th bedroom added in 2023, along with a pantry and extra space
for storage/an office. The siding color was replaced in 2019 as well, giving this home an exceptional earthy feel. The home has recently been connected to public water supply with all new PVC from the home to the supply in 2022! The garage drywall was also recently finished this year! This home is one-of a kind, and has a split floor plan and each side has a full bathroom as well! It will not last long at this amazing price, so do not delay and schedule to see it today!
Last Agent to Sell the Property
RE/MAX Real Estate Professionals License #6501323377 Listed on: 10/13/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,918
Year Built
- Built in 1966 | Remodeled
Lot Details
- 0.54 Acre Lot
- Lot Dimensions are 96x310
- Cul-De-Sac
- Private Entrance
- Landscaped
- Rectangular Lot
- Wooded Lot
- Many Trees
- Private Yard
- Back and Front Yard
Parking
- 2 Car Direct Access Garage
- Front Facing Garage
- Garage Door Opener
- Driveway
- Outside Parking
Home Design
- Ranch Style House
- Permanent Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- Built-In Features
- Woodwork
- Ceiling Fan
- Double Pane Windows
- Display Windows
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room
- Sun or Florida Room
- Storage
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Oven
- Range
- Microwave
- Dishwasher
- ENERGY STAR Qualified Appliances
- Disposal
Flooring
- Wood
- Laminate
- Concrete
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- In-Law or Guest Suite
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Bedroom in Basement
- Basement Window Egress
Outdoor Features
- Enclosed Glass Porch
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- Gas Water Heater
- Water Purifier is Owned
- Water Softener
- High Speed Internet
- Cable TV Available
Community Details
- River Terrace Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 13, 2023
Closed on
Nov 14, 2023
Sold by
Oberg Steven F and Oberg Nancy E
Bought by
Wang Kangxu and Shen Zihan
Seller's Agent
Danielle Dayrell
RE/MAX Real Estate Professionals
Buyer's Agent
Gary Newton
RE/MAX Real Estate Professionals
List Price
$265,000
Sold Price
$285,000
Premium/Discount to List
$20,000
7.55%
Total Days on Market
6
Views
94
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,907
Avg. Annual Appreciation
4.65%
Original Mortgage
$256,500
Interest Rate
7.49%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 6, 2017
Closed on
Aug 2, 2017
Sold by
Kube Karla J and Hall John
Bought by
Oberg Steven F and Oberg Nancy E
Seller's Agent
Carey McLamara
Coldwell Banker Professionals -Okemos
Buyer's Agent
Danielle Dayrell
RE/MAX Real Estate Professionals
List Price
$166,000
Sold Price
$160,650
Premium/Discount to List
-$5,350
-3.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%
Original Mortgage
$144,585
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 21, 2001
Sold by
Hall John and Kube Karla J
Bought by
Hall John and Kube Karla J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,100
Interest Rate
7%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 26, 2001
Sold by
Hall John L and Kube Karla J
Bought by
Hall John L and Kube Karle J
Purchase Details
Closed on
Mar 20, 2001
Sold by
Hall John and Kube Karla J
Bought by
Hall John and Kube Karla J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 1, 1986
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wang Kangxu | $285,000 | None Listed On Document | |
| Oberg Steven F | $160,650 | Tri County Title Agency Llc | |
| Hall John | -- | -- | |
| Hall John L | -- | -- | |
| Hall John | -- | Midstate Title Company | |
| -- | $56,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wang Kangxu | $256,500 | |
| Closed | Wang Kangxu | $256,500 | |
| Previous Owner | Oberg Steven F | $144,585 | |
| Previous Owner | Kube Karla J | $130,000 | |
| Previous Owner | Kube Karla J | $130,850 | |
| Previous Owner | Kube Karla J | $35,400 | |
| Previous Owner | Kube Karla J | $136,600 | |
| Previous Owner | Kube Karla J | $20,000 | |
| Previous Owner | Kube Karla J | $143,000 | |
| Previous Owner | Hall John | $128,500 | |
| Previous Owner | John L Hall & Karla J Kube Trust | $128,800 | |
| Previous Owner | Hall John | $16,100 | |
| Previous Owner | Hall John | $120,000 | |
| Previous Owner | Hall John L | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/14/2023 11/14/23 | Sold | $285,000 | +7.5% | $127 / Sq Ft |
| 10/19/2023 10/19/23 | Pending | -- | -- | -- |
| 10/13/2023 10/13/23 | For Sale | $265,000 | +65.0% | $118 / Sq Ft |
| 08/04/2017 08/04/17 | Sold | $160,650 | -3.2% | $99 / Sq Ft |
| 06/22/2017 06/22/17 | Pending | -- | -- | -- |
| 06/06/2017 06/06/17 | For Sale | $166,000 | 0.0% | $102 / Sq Ft |
| 05/12/2017 05/12/17 | Pending | -- | -- | -- |
| 11/09/2016 11/09/16 | For Sale | $166,000 | -- | $102 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History Compared to Growth
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 | $4,114 | $130,100 | $18,100 | $112,000 |
| 2023 | $4,114 | $90,900 | $18,600 | $72,300 |
| 2022 | $3,918 | $82,300 | $20,500 | $61,800 |
| 2021 | $3,844 | $81,300 | $18,100 | $63,200 |
| 2020 | $3,732 | $73,000 | $18,100 | $54,900 |
| 2019 | $3,611 | $73,100 | $22,100 | $51,000 |
| 2018 | $3,423 | $68,600 | $17,700 | $50,900 |
| 2017 | $2,865 | $68,100 | $17,700 | $50,400 |
| 2016 | $1,295 | $64,500 | $16,700 | $47,800 |
| 2015 | $1,295 | $60,500 | $32,085 | $28,415 |
| 2014 | $1,295 | $59,900 | $31,517 | $28,383 |
Source: Public Records
Agents Affiliated with this Home
-
Danielle Dayrell
Seller's Agent in 2023
Danielle Dayrell
RE/MAX Michigan
(517) 420-1492
1 in this area
71 Total Sales
-
Gary Newton
Buyer's Agent in 2023
Gary Newton
RE/MAX Michigan
(517) 410-8307
1 in this area
707 Total Sales
-
C
Seller's Agent in 2017
Carey McLamara
Coldwell Banker Professionals -Okemos
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 276670
APN: 02-02-20-151-017
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