Riverside Terrace Add. No.3
Strong schools draw families here
Median $475K·Walkability 3.7/10·Schools 4.6/10
Riverside Park sits practically in your backyard here—a 125-acre stretch of green that wraps around the Grand River with trails threading through it and a boat launch less than a mile away. This 10-acre subdivision in Creston keeps things low-key, with modest lots (around a fifth of an acre each) and homes clustering in the $342K range, though it's close enough to downtown Grand Rapids—about 9 minutes—that you're never far from activity when you want it. A transit stop is a short walk away, and restaurants line the neighborhood with about 18 within a mile, so you don't need to venture far for dinner. Attend Grand Rapids Public Schools, and with six parks within walking distance plus grocery and coffee within a couple of miles, daily life doesn't demand much planning. The airport is under 25 minutes if you're catching a flight.
Why people love it here
Center for Economicology
- Middle — 1.1 mi away
- Grand Rapids
- 9 rated schools in district
$475K median
- 1 recent sale
Notable nearby
Conventional Mortgage Calculator
Median home price in Riverside Terrace Add. No.3
Estimated Monthly Payment
$3,225/mo
Property tax and insurance are estimates you can edit — not a quote. Tap either figure to enter your own.
The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Opportunity. NMLS Consumer Access. Not a commitment to lend. All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.
Based on 17 rated schools nearby
Range: 2/10 to 8/10
School District: Grand Rapids Public Schools
Recent Sale Price
$475K
1 recent sale
Parcels / Units
45
Median Lot Size
0.17 ac
0.16 ac – 0.42 ac
Walkability
Limited
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Creston Market
Plenitful
+1 more
Johnny's Markets
+1 more
Tap
+1 more
Riverside Park
+1 more
Unnamed playground
Soft Water Lake
+1 more
Lamberton Lake Fen Nature Preserve Beach
Riverside Park Drive Northwest
dog_park
Unnamed bike path
Comstock Riverside Park Launch
The Loading Dock
Three Mile/Monroe (WB)
+1 more
Kay Pharmacy
Van Belkum Branch
+1 more
Kidz Clubhouse
Celebration Cinema Studio Park
Crime in Riverside Terrace Add. No.3 is reported at the city level, not the neighborhood level. The FBI doesn't publish reliable crime rates for individual neighborhoods, and within any community crime varies street to street. For an accurate, comparable picture, see the jurisdiction-wide figures for Kent County.
Kent County crime & safety stats →To buy a median-priced Riverside Terrace Add. No.3 home (around $475,000) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $84k/year in household income to qualify — an estimated monthly payment of $3,159 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $3,159/mo | $84,250 |
| 10% (+PMI) | $3,637/mo | $96,997 |
| 5% (+PMI) | $3,797/mo | $101,260 |
Estimates use a 6.49% 30-year fixed rate (current Freddie Mac average), an aggressive ~45% housing-to-income ratio (roughly what FHA underwriting can allow for a buyer with no other monthly debts — your number depends on your debts and credit), this area's median sale price, plus estimated insurance and PMI below 20% down. Not a commitment to lend, and not an APR — your actual rate and payment will vary.
Association and local-government details are compiled from public records, municipal sites, and state registries, and can change. Confirm directly with the association or municipality before relying on them.
Solar potential
~$868/yr in electricity from a typical rooftop solar system
Produces ~6,331 kWh/yr · offsets ~60% of a typical home's use
City of Grand Rapids Water System
Regional water provider serving ~280,000 across Kent and Ottawa counties.
City of Grand Rapids Environmental Services (Water Resource Recovery Facility)
WRRF treats ~40 MGD of wastewater.
City of Grand Rapids Refuse & Recycling
City-run refuse/recycling cart program for residents.
Consumers Energy Co · ~13.7¢/kWh
Investor-owned utility serving the region.
Confirm by addressDTE Energy
DTE Gas serves much of Grand Rapids natural gas; verify by address.
Confirm by addressServices for Grand Rapids · Source: grandrapidsmi.gov
Utility, solar, and service details for Riverside Terrace Add. No.3 are compiled from public records, municipal sites, and NREL / U.S. data.gov, and can change. Electric/gas can vary by address — confirm with the provider before relying on them.
Flood Risk
None
Not in flood zone
Nearest Park
Riverside Park
0.0 mi
Parks Nearby
30
within 1 mile
🛒 Grocery(27)
Meijer
Grocery Store
The Honey Baked Ham Company
Restaurant
Grocery Store
+24 more within 5 miles
🍕 Restaurants(14)
Hungry Howie's Pizza
Restaurant
Papa Johns Pizza
Restaurant
Fast Food
616 Kabob Stop – Authentic Mediterranean Grill & Burgers in Grand Rapids
Restaurant
Plenitful
Restaurant
+9 more within 5 miles
☕ Coffee(18)
+15 more within 5 miles
🍺 Bars(12)
Tap
Bar
Switchback Gear Exchange - Bicycle Shop serving Kava & Beer
Bar
Vinny's bar
Bar
+9 more within 5 miles
🏫 Schools(30)
School
Palmer School
Wellerwood School
+25 more within 5 miles
💪 Gyms(14)
The Loading Dock
Fitness Center
Fitness 19
Fitness Center
Communitea Wellness
Fitness Center
+11 more within 5 miles
🌳 Parks(6)
+3 more within 5 miles
🐕 Dog Parks(9)
Dog Park in Northeast
Dog Park
Richmond Hills Dog Park
Dog Park
Dog Park in North End
Dog Park
+6 more within 5 miles
🚴 Trails(4)
Bike Path
Bike Path
Unnamed bike_path
Bike Path
Riverside Park Trail
Bike Path
+1 more within 5 miles
⛵ Boat Launches(2)
Boat Launch
Boat Launch
🚌 Transit(30)
Transit Stop
Transit Stop
Transit Stop
+27 more within 5 miles
💊 Pharmacies(12)
+9 more within 5 miles
👶 Childcare(3)
Childcare Center
Children's Choice Learning Center at Spectrum Health Child Development Center
Childcare Center
Tutor Time on Grand Ridge Drive
Childcare Center
📚 Libraries(11)
+8 more within 5 miles
⚡ EV Charging(4)
EV Charging
Unnamed ev_charging
EV Charging
Unnamed ev_charging
EV Charging
Frequently asked about Riverside Terrace Add. No.3
- What do homes cost in Riverside Terrace Add. No.3?
- The median home value in Riverside Terrace Add. No.3 is about $475,000. Individual prices vary by street, size, and condition.
- How active is the Riverside Terrace Add. No.3 housing market?
- no homes are listed in Riverside Terrace Add. No.3 right now, and 1 home sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Riverside Terrace Add. No.3?
- Riverside Terrace Add. No.3 is served by Grand Rapids Public Schools. Its highest-rated assigned school is Center for Economicology (8/10).
- Is Riverside Terrace Add. No.3 walkable?
- Riverside Terrace Add. No.3 scores 3.7/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.