Closed-sale statistics for Riviera Terrace, with the property-tax reality attached — computed 2025-08-07 to 2026-08-11, not scraped from listings.
Median sale price
8 closed sales, 2025-08-07 to 2026-08-11
Median days on market
List-to-sale ratio
Median association fee
Michigan taxable value uncaps the year after you buy (MCL 211.27a). At this subdivision's median price of $112,500, in South Lake Schools at 50.16 homestead mills, the year-two bill is approximately $2,821 — regardless of what the seller currently pays. The listing will almost certainly show less. Run your own number.
Before the mortgage, owning here runs about $654/month in taxes and association fees — the two lines portal estimates most often understate.
Median statistics cannot price a specific house. For one address we can compute the year-two tax bill, the escrow impact, eligibility for down-payment programs, and — if you own here — what a sale would actually net after transfer tax and payoff.
Get my numbers for an address Affordability calculator
The median closed sale price in Riviera Terrace (St Clair Shores) is $112,500, from 8 sales 2025-08-07 to 2026-08-11.
At the median price, taxable value uncaps to roughly $56,250 and the year-two bill in South Lake Schools is approximately $2,821 at homestead rates.
The median association fee across recent sales is $419 per month.
More context: St Clair Shores · school district breakdowns · all calculators