NOT LISTED FOR SALE

118 Terra Meadow Cir Unit 1 Volo, IL 60020

Estimated Value: $258,000 - $262,263

3 Beds
3 Baths
1,584 Sq Ft
$180/mo HOA Fee

Last Sold November 10, 2015

Last sale price $105,000 $66 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $2,005/month

89 Days on Market

Highlights

  • Water Views
  • Double Oven
  • Breakfast Bar
  • Pond
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of November 2015

price approved at listed price!Absolutely Stunning Home!Located Near Shopping,Commuter Train,Forest Preserves and Trails. Home is equipped w/9ft ceilings, Kitchen Island,Hardwood Flooring,Private Balcony,pot 4th Bedroom Downstairs, and all in a private and safe neigbourhood. , this home has it all!! Freshly painted in neutral colors,,Over Looking Pond.

Last Agent to Sell the Property

Matthew Lawrence

1st Class Real Estate - All Pro License #475118040 Listed on: 06/24/2015

Last Buyer's Agent

Megan Rinkenberger

Results Realty USA License #475142980

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,640

Year Built

  • 2004

HOA Fees

  • $180 per month

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Dining Area
  • Water Views
  • Washer
  • Finished Basement

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • Freezer

Utilities

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

Additional Features

  • Pond
  • East or West Exposure

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,640

Year Built

2004

Lot Details

0

HOA Fees

$180 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Unit Floor Level: 1
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2004
  • Type Attached: Townhouse-TriLevel
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2004

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 14X12, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven-Double, Microwave, Refrigerator, Freezer, Washer
  • Equipment: TV-Dish, CO Detectors
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X5, On Level: Main Level, Flooring: Hardwood
  • Dining Room: Dimensions: 14X10, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Eating Area
  • Master Bedroom: Dimensions: 14X13, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Eating Area, Dimensions: 10X8, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 10X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1584
  • Dining Room Type: Separate
  • Family Room: Dimensions: 14X12, On Level: Lower, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exposure: W (West)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Well-Private
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Park/Playground, Party Room
  • Assessment Includes: Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 180
  • Management Contact Name: Contact
  • Management Phone: 847-459-0000

Fee Information

  • Management Company: Lieberman Management

Schools

  • School District: 124
  • Elementary School: BIG HOLLOW ELEMENTARY SCHOOL
  • Middle School: BIG HOLLOW SCHOOL
  • High School: GRANT COMMUNITY HIGH SCHOOL
  • Junior High Dist: 38

Lot Info

  • Lot Dimensions: COMMON GROUNDS
  • Lot Description: Common Grounds, Pond, Water View
  • Parcel Identification Number: 05224040270000

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 2

Tax Info

  • Taxes: 3563

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2022
Sold by
Hill Forrest and Hill Meghan E
Bought by
Shiu Clarice and Ling Shiu Andy
Total Days on Market
89
Current Estimated Value
$259,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$165,653
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$97,103

Purchase Details

Closed on
Jul 24, 2019
Sold by
Hill Forrest and Hill Meghan E
Bought by
Hill Forrest and Hill Meghan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,179
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 2018
Sold by
Richter Adam
Bought by
Hill Forrest and Slack Meghan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,156
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 24, 2015
Closed on
Dec 1, 2015
Sold by
Knutsen Kristen and Otankis Kristen
Bought by
Richter Adam
Seller's Agent
Matthew Lawrence
1st Class Real Estate - All Pro
Buyer's Agent
Megan Rinkenberger
Results Realty USA
List Price
$119,900
Sold Price
$105,000
Premium/Discount to List
-$14,900
-12.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%
Original Mortgage
$84,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2004
Sold by
Terra Springs Volo Llc
Bought by
Knutsen Bruce A and Knutsen Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.77%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Shiu Clarice $200,000 Chicago Title
Hill Forrest -- None Available
Hill Forrest $157,000 Chicago Title Insurance Comp
Richter Adam -- --
Richter Adam -- --
Knutsen Bruce A $170,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shiu Clarice $170,000
Previous Owner Hill Forrest $166,996
Previous Owner Hill Forrest $155,179
Previous Owner Hill Forrest $154,156
Previous Owner Richter Adam $84,000
Previous Owner Knutsen Bruce A $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2015 11/10/15 Sold $105,000 0.0% $66 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
08/04/2015 08/04/15 Price Changed $105,000 -2.7% $66 / Sq Ft
07/27/2015 07/27/15 Price Changed $107,900 -1.8% $68 / Sq Ft
07/20/2015 07/20/15 Price Changed $109,900 -4.4% $69 / Sq Ft
07/14/2015 07/14/15 Price Changed $114,900 -2.5% $73 / Sq Ft
07/04/2015 07/04/15 Price Changed $117,900 -1.7% $74 / Sq Ft
06/24/2015 06/24/15 For Sale $119,900 -- $76 / 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 $4,640 $68,313 $7,366 $60,947
2023 $4,465 $59,135 $6,939 $52,196
2022 $4,465 $55,321 $4,378 $50,943
2021 $4,190 $49,483 $4,127 $45,356
2020 $4,242 $48,776 $4,068 $44,708
2019 $4,127 $46,774 $3,901 $42,873
2018 $372 $38,549 $6,065 $32,484
2017 $0 $35,631 $5,606 $30,025
2016 $3,828 $32,587 $5,127 $27,460
2015 $3,703 $30,409 $4,784 $25,625
2014 $3,563 $27,894 $4,567 $23,327
2012 $3,610 $31,662 $4,760 $26,902
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08963105

Midwest Real Estate Data (MRED)

APN: 05-22-404-027