NOT LISTED FOR SALE

118 Terra Meadow Cir Volo, IL 60020

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

3 Beds
2.5 Baths
2,108 Sq Ft
$123/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $200,000 $95 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,090/month

3 Days on Market

Highlights

  • Den
  • 2 Car Attached Garage
  • Central Air
  • Stainless Steel Appliances
  • Laundry Room
  • Combination Dining and Living Room

About This Home

As of November 2022

This warm and spacious condo lets tons of natural light into your living and dining room, making for a cozy living space. The kitchen is where this home shines! The kitchen has updated 42-inch cabinets, quartz countertops, ceramic tile backsplash, Samsung stainless steel appliances, a farmhouse sink, butcher block top island, and separate eat-in area. Step out to your private balcony where your plants will flourish in the sun! Washer & dryer are also conveniently located on the first floor. Walk upstairs to your 3 large bedrooms and 2 fully updated bathrooms. Neutral carpet and paint make this condo move in ready! The primary bedroom windows open to a beautiful pond while boasting 2 large closets. Not only does this home have 3 bedrooms, but also a bonus room in the basement that can be used as a gym, office, 4th bedroom, and so much more! A 2-car garage makes it easy for parking and storage. Minutes from Route 12, grocery stores, restaurants and interstate access. Schedule your showing today!

Last Agent to Sell the Property

Kaleigh Walsh

@properties Christie's International Real Estate License #475204395 Listed on: 10/12/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Andrew Liogas

Liogas Realty License #471021378

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,190

Year Built

  • Built in 2004

Lot Details

  • 1,742

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,108 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Den

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Partial Basement

Schools

  • Grant Community High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, clubhouse, exterior maintenance, lawn care, snow removal
  • 4 Units
  • Agent Association, Phone Number (847) 459-0000
  • Terra Springs Subdivision
  • Property managed by First Service Residential

Amenities

  • Common Area

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,190

Year Built

Built in 2004

Lot Details

0

HOA Fees

$265 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Terra Springs
  • Year Built: 2004
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Partial, English
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • LivingArea: 2108
  • Room Type: Den
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2108
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Basement Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 210000
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 265
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Agent
  • Management Phone: 847-459-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Clubhouse, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • High School: Grant Community High School
  • Middle/Junior School District: 38

Lot Info

  • Lot Dimensions: LESS THAN .25 ACRE
  • Special Assessments: Y

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4189.84
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Nov 10, 2022
Sold by
Hill Forrest and Hill Meghan E
Bought by
Shiu Clarice and Ling Shiu Andy
Seller's Agent
Kaleigh Walsh
@properties Christie's International Real Estate
Buyer's Agent
Andrew Liogas
Liogas Realty
List Price
$210,000
Sold Price
$200,000
Premium/Discount to List
-$10,000
-4.76%
Views
16
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.
Estimated Appreciation
$59,066
Avg. Annual Appreciation
10.98%
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

Listed on
Jun 15, 2018
Closed on
Sep 27, 2018
Sold by
Richter Adam
Bought by
Hill Forrest and Slack Meghan E
Seller's Agent
Megan Rinkenberger
Results Realty USA
Buyer's Agent
Kevin Walsh
RE/MAX Showcase
List Price
$165,000
Sold Price
$157,000
Premium/Discount to List
-$8,000
-4.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$154,156
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2015
Sold by
Knutsen Kristen and Otankis Kristen
Bought by
Richter Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
11/14/2022 11/14/22 Sold $200,000 -4.8% $95 / Sq Ft
10/16/2022 10/16/22 Pending -- -- --
10/12/2022 10/12/22 For Sale $210,000 +33.8% $100 / Sq Ft
09/27/2018 09/27/18 Sold $157,000 -1.6% $99 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
08/01/2018 08/01/18 Price Changed $159,500 -3.0% $101 / Sq Ft
06/28/2018 06/28/18 Price Changed $164,500 -0.3% $104 / Sq Ft
06/15/2018 06/15/18 For Sale $165,000 -- $104 / 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: 11651045

Midwest Real Estate Data (MRED)

APN: 05-22-404-027