NOT LISTED FOR SALE

108 Timber Terrace Troy, IL 62294

Estimated Value: $441,336 - $497,000

4 Beds
3 Baths
2,508 Sq Ft
$188/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $314,900 $126 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,260/month

74 Days on Market

Highlights

  • New Construction
  • Primary Bedroom Suite
  • Covered Patio or Porch
  • Triad Middle School Rated A-
  • Ranch Style House
  • 3 Car Attached Garage

About This Home

As of May 2020

New construction home awaits! Innovation and design describes this ever popular split bedroom, open floor-plan. This home will be finished with a durable, luxury vinyl plank wood-look flooring throughout most of the main floor. Custom designed kitchen lay-out will be complete with stainless appliances, granite countertops and a large pantry space. Master bedroom will include a generous walk-in closet and an on-suite bathroom featuring a 6 ft. jetted tile shower/tub and dual sinks. Separate laundry room as well as 2 additional bedrooms and a bath complete the main floor living space. Enjoy the outdoors rain or shine on the covered patio! Basement will be finished off with an additional family room area or game room space, 4th bedroom and a full bath! Home is still under construction, but ready for you to check out! More photos to come with construction progress. Call today for your personal tour!

Last Agent to Sell the Property

Christina Schmitz

RE/MAX Alliance License #475159440 Listed on: 02/21/2020

RE/MAX Alliance

Last Buyer's Agent

Maryanne Kaminski

RE/MAX Alliance License #475.180026

RE/MAX Alliance

Home Details

Home Type

  • Single Family

Lot Details

  • 0.28

Parking

  • 3 Car Attached Garage

Home Design

  • New Construction
  • Ranch Style House
  • Composition Roof

Interior Spaces

  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • Triad Dist 2 Elementary And Middle School
  • Triad High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Recreational Area

Listing and Financial Details

  • Assessor Parcel Number 10-2-16-33-18-304-023

Home Details

Home Type

Single Family

Lot Details

0

Parking

3

Listing Details

  • Property Type: New Construction
  • Type: Single Family
  • Style: 1 Story
  • Style Description: Ranch
  • Cross Street: Briar Creek
  • Special Areas: Family Room, Living Room, Main Floor Laundry
  • Special Description: Spec Home
  • Year Built Exception: New Construction
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Full, Partially Finished, Rec/Family Area
  • Bedroom Types: Divided Bdr Flr Plan, Main Floor Master, Master Bdr. Suite
  • Dining Room: Kitchen/Dining Combo
  • Fireplace Location: Living Room
  • Fireplace Type: Gas
  • Interior Amenities: Walk-In Closets
  • Kitchen: Pantry
  • Lower Level Bedrooms: 1
  • Lower Full Bathrooms: 1
  • Main Level Bedrooms: 3
  • Main Full Bathrooms: 2
  • Master Bed.: Double Sink, Full Bath
  • Misc Features: Smoke Alarm/Detec, Walk-In Closets
  • Total Living Area: 2508.00
  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven-Electric, Refrigerator
  • Bathrooms: 3.00
  • Bedrooms: 4.00
  • Room Cnt: 7
  • Square Footage: 1712
  • Square Footage Below Grade: 796
  • Total Full Baths: 3
  • Number Fireplaces: 1

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking: Attached Garage

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central Air
  • Heating: Gas

Condo/Co-op/Association

  • Amenities: Ceiling Fan, Covered Porch, Patio

Schools

  • Elementary School: TRIAD DIST 2
  • Junior High School: TRIAD DIST 2
  • School District: Triad DIST 2
  • Senior High School: Triad

Lot Info

  • Lot Dimensions: 154 105.87 X 152.95 IRREGULAR
  • Lot Number: 154

Tax Info

  • Taxes Paid: 24
  • Taxes Paid Year: 2018
  • Assessor Parcel Number: 10-2-16-33-18-304-023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2024
Sold by
Meng Aaron Paul and Meng Brittany Arpke
Bought by
Grote Gavin and Grote Paige
Current Estimated Value
$470,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,500
Outstanding Balance
$360,024
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$110,810

Purchase Details

Closed on
Jun 11, 2021
Sold by
Schuerbaum Roger and Schuerbaum Diana
Bought by
Meng Aaron Paul and Meng Brittany Arpke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,170
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Listed on
Feb 21, 2020
Closed on
May 15, 2020
Sold by
Lindow Contracting Inc
Bought by
Schuerbaum Roger and Schuerbaum Diana
Seller's Agent
Christina Schmitz
RE/MAX Alliance
Buyer's Agent
Maryanne Kaminski
RE/MAX Alliance
List Price
$314,900
Sold Price
$314,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
Aug 8, 2019
Sold by
Osborn Development Llc
Bought by
Lindow Contracting Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,835
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2018
Sold by
Osborn Donald P and Osborn Joseph E
Bought by
Osborn Dev Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Grote Gavin $405,000 Abstracts & Titles
Meng Aaron Paul $333,500 None Available
Schuerbaum Roger $315,000 Abstracts & Titles
Lindow Contracting Inc $44,500 Abstracts & Titles
Osborn Dev Llc -- Abstracts & Titles
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grote Gavin $364,500
Previous Owner Meng Aaron Paul $341,170
Previous Owner Lindow Contracting Inc $254,835
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2020 05/15/20 Sold $314,900 0.0% $126 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $314,900 -- $126 / Sq Ft
Source: MARIS MLS

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 $9,580 $136,340 $21,340 $115,000
2023 $9,580 $124,520 $19,490 $105,030
2022 $8,988 $112,900 $17,670 $95,230
2021 $4,369 $106,730 $16,700 $90,030
2020 $2,007 $60,260 $16,120 $44,140
2019 $25 $310 $310 $0
2018 $24 $290 $290 $0
2017 $24 $280 $280 $0
2016 $23 $280 $280 $0
2015 $21 $270 $270 $0
2014 $21 $270 $270 $0
2013 $21 $270 $270 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS20010643

MARIS MLS

APN: 10-2-16-33-18-304-023