NOT LISTED FOR SALE

116 Timber Terrace Troy, IL 62294

Estimated Value: $472,000 - $494,000

4 Beds
3 Baths
2,508 Sq Ft
$191/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $344,000 $137 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,340/month

73 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 June 2021

New construction home in the desirable Northwoods community. This ever popular floor plan boasts both functionality and design. Spacious great room complete with a cozy fireplace, vaulted ceilings, and tasteful luxury vinyl wood-look plank flooring. Kitchen will be finished with white cabinets, granite countertops, center island, and a stainless steel appliance package. Master bedroom is both spacious and airy with on-suite bath, dual sink vanity and walk-in closet. Enjoy the outdoors on the covered patio complete with a gas line for easy BBQ'ing! Finished basement will include an additional family/recreation space as well as 4th bedroom, and 3rd full bathroom. Call today for more information!

Last Agent to Sell the Property

Christina Schmitz

RE/MAX Alliance License #475159440 Listed on: 04/12/2021

RE/MAX Alliance

Last Buyer's Agent

Jennifer Miller

RE/MAX Alliance License #475.188889

RE/MAX Alliance

Home Details

Home Type

  • Single Family

Lot Details

  • 0.26

Parking

  • 3 Car Attached Garage

Home Design

  • New Construction
  • Ranch Style House
  • Brick or Stone Veneer Front Elevation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

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

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • 0.26 Acre Lot

Community Details

  • Recreational Area

Listing and Financial Details

  • Assessor Parcel Number 10-2-16-33-18-304-025

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
  • Special Areas: Main Floor Laundry
  • Special Description: No Exemptions, Spec Home
  • Year Built Exception: New Construction
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Egress Window, 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: Great Room
  • Fireplace Type: Gas
  • Kitchen: Center Island, Custom Cabinetry, Eat-In Kitchen, Pantry
  • Lower Level Bedrooms: 1
  • Lower Full Bathrooms: 1
  • Main Level Bedrooms: 3
  • Main Full Bathrooms: 2
  • Master Bed.: Double Sink, Shower Only
  • Misc Features: Smoke Alarm/Detec, Walk-In Closets
  • Total Living Area: 2508.00
  • Appliances: Dishwasher, Microwave, Range/Oven-Gas, 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

  • Construction: Brk/Stn Veneer Frnt, Vinyl Siding
  • Roof: Composition

Garage/Parking

  • Garage Size: 29x22
  • Garage Spaces: 3
  • Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Amenities: Ceiling Fan, Covered Porch

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: 156 74.29 X 130 IRREGULAR
  • Lot Number: 156
  • Lot Sq Ft: 11326
  • Acres: 0.2600

Tax Info

  • Taxes Paid: 24
  • Taxes Paid Year: 2019
  • Assessor Parcel Number: 10-2-16-33-18-304-025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2023
Sold by
Klingelhoefer Jeffrey A
Bought by
Hartwick Luke P and Hartwick Melanie M
Current Estimated Value
$479,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$213,773
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$265,968

Purchase Details

Listed on
Apr 12, 2021
Closed on
Jun 25, 2021
Sold by
Lindow Contracting Inc
Bought by
Klingelhoefer Jeffrey A and Klingelhoffer Jessica M
Seller's Agent
Christina Schmitz
RE/MAX Alliance
Buyer's Agent
Jennifer Miller
RE/MAX Alliance
List Price
$344,000
Sold Price
$344,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$344,000
Interest Rate
2.84%
Mortgage Type
VA

Purchase Details

Closed on
May 8, 2020
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
$238,470
Interest Rate
3.3%
Mortgage Type
Construction

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
Hartwick Luke P $400,000 Abstracts & Titles
Klingelhoefer Jeffrey A $344,000 Abstracts & Titles
Lindow Contracting Inc $49,000 Abstracts & Titles
Osborn Dev Llc -- Abstracts & Titles
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartwick Luke P $220,000
Previous Owner Klingelhoefer Jeffrey A $344,000
Previous Owner Lindow Contracting Inc $238,470
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold $344,000 0.0% $137 / Sq Ft
04/12/2021 04/12/21 For Sale $344,000 -- $137 / 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 $9,974 $147,960 $18,210 $129,750
2023 $9,974 $135,130 $16,630 $118,500
2022 $9,320 $122,520 $15,080 $107,440
2021 $4,512 $116,200 $14,260 $101,940
2020 $25 $310 $310 $0
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: MIS21023333

MARIS MLS

APN: 10-2-16-33-18-304-025