$775,000
SOLD APR 6, 2023

1040 Terrace Ln Glenview, IL 60025

4 Beds
3 Baths
1,820 Sq Ft
9,226 Sq Ft Lot

Recently Sold

$426 Per Sq Ft

7% Above List Price

2 Days on Market

Highlights

  • Recreation Room
  • Home Office
  • Patio
  • Hoffman Elementary School Rated A-
  • 2 Car Attached Garage
  • Living Room

About This Home

As of April 2023

Welcome to this spacious and charming split-level home in the desirable neighborhood of Glenview, Illinois! This beautiful 4 bedroom and 3 bathroom property has been updated top to bottom. As you enter the home, you will be greeted by a spacious living room featuring large windows that allow natural light to flood the room. The living room connects to an open dining area, providing ample space for entertaining guests or hosting family gatherings. The kitchen is fully equipped with modern appliances, plenty of storage space, and a convenient breakfast bar that opens up to a Upstairs, you will find three spacious bedrooms, each with large closets and plenty of natural light. The master suite features an en-suite bathroom and a walk-in closet, providing a private and relaxing retreat. The lower level of the home offers an additional bedroom and office, providing flexibility and convenience for guests or extended family members. The lower level also includes a recreation room, perfect for a home gym, game room, or movie night with family and friends. Outside, the home features a beautifully landscaped backyard with garden boxes and plenty of space for outdoor activities and relaxation. The attached garage provides parking for two vehicles, adding to the convenience and functionality of this lovely property. Located in the sought-after Glenview neighborhood, this home is situated near top-rated schools, shopping centers, restaurants, and entertainment options, making it the perfect place to call home. Don't miss out on this fantastic opportunity to own a spacious and inviting home in a desirable location!

Last Agent to Sell the Property

Daniel O'Donoghue

Compass License #475136962 Listed on: 03/02/2023

Compass

Last Buyer's Agent

Julie Jensen

Baird & Warner License #475125536

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,890

Year Built

  • Built in 1965

Lot Details

  • 9,226 Sq Ft Lot
  • Lot Dimensions are 68x136
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Split Level with Sub
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Family Room with Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Schools

  • Henking Elementary School
  • Attea Middle School
  • Glenbrook South High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,890

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level w/ Sub
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Split Level w/ Sub
  • Year Built: 1965
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop, Built-In Oven
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Room Type: Recreation Room, Office
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 725000
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Henking Elementary School
  • High School: Glenbrook South High School
  • Middle/Junior School: Attea Middle School
  • Middle/Junior School District: 34

Lot Info

  • Lot Size Acres: 0.2118
  • Lot Dimensions: 68X136
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 11890.16
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Apr 6, 2023
Sold by
Karen L Klein 2021 Declaration Of Trust
Bought by
Andrew M Uhm Trust
Seller's Agent
Daniel O'Donoghue
Compass
Buyer's Agent
Julie Jensen
Baird & Warner
List Price
$725,000
Sold Price
$775,000
Premium/Discount to List
$50,000
6.9%
Total Days on Market
2
Views
29
Current Estimated Value
$889,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,124
Avg. Annual Appreciation
6.47%
Original Mortgage
$620,000
Outstanding Balance
$605,676
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$283,448

Purchase Details

Closed on
May 13, 2021
Sold by
Klein Karen I
Bought by
Klein Karen L and Klein Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2019
Closed on
Mar 12, 2020
Sold by
Schultz Joseph F and Schultz Kathryn M
Bought by
Klein Karen L
Seller's Agent
Anne DuBray
Coldwell Banker Realty
Buyer's Agent
Daniel O'Donoghue
Compass
List Price
$579,000
Sold Price
$545,000
Premium/Discount to List
-$34,000
-5.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%
Original Mortgage
$490,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2018
Closed on
Feb 22, 2018
Sold by
Bono Susan Marie
Bought by
Schultz Joseph F and Schultz Kathryn M
Seller's Agent
Marina Burman
@properties Christie's International Real Estate
Buyer's Agent
Peggy McGivern
Coldwell Banker Realty
List Price
$555,000
Sold Price
$542,500
Premium/Discount to List
-$12,500
-2.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.23%
Original Mortgage
$250,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2010
Sold by
Losch Mary Ann
Bought by
Losch Mary Ann and The Mary Ann Losch Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $775,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $545,000 Greater Illinois Title
Deed $542,500 Proper Title Llc
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $620,000 New Conventional
Previous Owner $425,000 New Conventional
Previous Owner $490,500 New Conventional
Previous Owner $250,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold $775,000 +6.9% $426 / Sq Ft
03/05/2023 03/05/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $725,000 +33.0% $398 / Sq Ft
03/12/2020 03/12/20 Sold $545,000 -4.2% $299 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
11/13/2019 11/13/19 Price Changed $569,000 -1.7% $313 / Sq Ft
10/28/2019 10/28/19 For Sale $579,000 +6.7% $318 / Sq Ft
03/15/2018 03/15/18 Sold $542,500 -2.3% $298 / Sq Ft
01/20/2018 01/20/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $555,000 -- $305 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $12,616 $57,000 $14,760 $42,240
2023 $12,261 $57,000 $14,760 $42,240
2022 $12,261 $57,000 $14,760 $42,240
2021 $11,890 $47,772 $11,992 $35,780
2020 $10,986 $47,772 $11,992 $35,780
2019 $10,235 $52,497 $11,992 $40,505
2018 $12,516 $54,419 $10,378 $44,041
2017 $5,766 $54,419 $10,378 $44,041
2016 $6,211 $54,419 $10,378 $44,041
2015 $7,345 $44,589 $8,302 $36,287
2014 $10,424 $44,589 $8,302 $36,287
2013 $7,008 $44,589 $8,302 $36,287
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11727369

Midwest Real Estate Data (MRED)

APN: 04-34-103-026-0000