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Single Family ResidenceResidential
$238,439$216 / 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 96How 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 $156,300 on Sep 7, 2018

1603 RIVER TER

EAST LANSING, MI 48823
2
Beds
1.5
Baths
1,104 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.
1.06 ac
Lot SizeThe size of the land the home sits on, from county records.
1953
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$238K
$229K low$248K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$156,300 · Sep 7, 2018
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.$42,827
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$34,262
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.89%
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.$149,612
FREEDOM MORTGAGE CORP · recorded Sep 1, 2021
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.$46,000
MICHIGAN STATE UNIVERSITY FCU

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,836 (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.$113,600 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$36,700
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$76,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$113,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$227,200

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.83 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyINGHAM
Lot (acres)The size of the land the home sits on, from county records.1.06
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Hot Water
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 1,000 ft²Porch · 36 ft²

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
Bennett Woods Elementary SchoolA
Elementary · Grades KG–4 · 1.8 mi
M
Chippewa Middle SchoolA+
Middle · Grades 7–8 · 2.3 mi
H
Okemos High SchoolA+
High · Grades 9–12 · 2.7 mi

District: Okemos Public Schools

Neighborhood · ZIP 48823These 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.95
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.89
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.22

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.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.30%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.23%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.64,130
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,847 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$62,668
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$88,658
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.51%

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

1603 River Ter 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 82% of homes in East Lansing 48823
  • Costs more per square foot than 86% of homes in Ingham County
  • Smaller than 86% of homes in East Lansing 48823
  • Has a bigger lot than 96% of homes in East Lansing 48823
  • Older than 70% of homes in East Lansing 48823

What homes are worth in East Lansing 48823

Each bar is how many homes fall in that price range. The marker is this home.

This home
$137K$860K

This home is worth more than 18% of homes in East Lansing 48823.

How it measures up in East Lansing 48823

The dot is this home. The mark in the middle is the typical home in East Lansing 48823.

Estimated value$238,439
CheaperTypical $342,176Pricier

Pricier than 18% of homes nearby

Price per ft²$216
CheaperTypical $204Pricier

Pricier than 60% of homes nearby

Living area1,104 ft²
SmallerTypical 1,671 ft²Bigger

Bigger than 14% of homes nearby

Lot size1.06 ac
SmallerTypical 0.25 acBigger

Bigger than 96% of homes nearby

Year built1953
OlderTypical 1967Newer

Newer than 30% of homes nearby

How 1603 River Ter ranks against every home in each area.
MeasureThis homeEast Lansing 48823Ingham County
Estimated valuepricier than$238,43918% of homes58% of homes
Price per ft²pricier than$21660% of homes86% of homes
Living areabigger than1,104 ft²14% of homes32% of homes
Lot sizebigger than1.06 ac96% of homes84% of homes
Year builtnewer than195330% of homes39% of homes

About 1603 River Ter

How much is 1603 River Ter, East Lansing, MI worth?

The TopHap Estimate for 1603 River Ter, East Lansing, MI is $238,439 as of Jul 14, 2026. The likely range is $228,948 to $247,930. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1603 River Ter, East Lansing, MI last sell?

1603 River Ter, East Lansing, MI last sold on Sep 7, 2018 for $156,300, according to the county's recorded deed.

How big is 1603 River Ter, East Lansing, MI?

1603 River Ter, East Lansing, MI has 2 bedrooms, 1.5 bathrooms, 1,104 square feet of living space and a 1.06-acre lot.

When was 1603 River Ter, East Lansing, MI built?

1603 River Ter, East Lansing, MI was built in 1953, making it 73 years old. The building has 1 story.

What schools serve 1603 River Ter, East Lansing, MI?

1603 River Ter, East Lansing, MI is assigned to Bennett Woods Elementary School (elementary), rated A; Chippewa Middle School (middle), rated A+; Okemos High School (high), rated A+. All sit in Okemos Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1603 River Ter, East Lansing, MI compare to other homes in East Lansing 48823?

Among the 11,578 homes in East Lansing 48823, it is worth more than 18% of them ($238,439 against a typical $342,176), its price per square foot is higher than 60% of them ($216 against a typical $204), it is bigger than 14% of them (1,104 ft² against a typical 1,671 ft²), its lot is bigger than 96% of them (1.06 ac against a typical 0.25 ac) and it is newer than 30% of them (1953 against a typical 1967). Measured against all of Ingham County, it is worth more than 58% 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 1603 River Ter, East Lansing, MI?

The 2025 property tax bill for 1603 River Ter, East Lansing, MI was $4,836. The county assessed it at $113,600.

Closest homes

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Assigned schools

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