$157,000
SOLD SEP 27, 2018

118 Terra Meadow Cir Volo, IL 60020

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

Recently Sold

$99 Per Sq Ft

5% Below List Price

54 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 2022

$5,000 PRICE REDUCTION AND SELLER IS OFFERING $1500 CREDIT TOWARDS CLOSING COSTS! Ready to be wowed? Come view 118 Terra Meadow Circle. Recent rehab, w/ updated flooring, paint, trim, baths and (drum roll, please) KITCHEN! This one checks all the boxes: Enjoy pond views from your spacious living and dining rms w/ a pass thru window adjoining the kitchen. Kitchen has upgraded cabinetry, granite countertops, SS appliances, a farmhouse sink, butcher block top island, and separate eat-in area w/ sliders to the balcony. Master bedroom has large windows to take in the views of nature, his and hers closets, and an ensuite bath. Flex space in lower level could be 4th bedroom, office or family room. HOA Amenities include, common insurance, landscaping, snow removal, a community club room and an exercise room. Located Near Shopping,Commuter Train,Forest Preserves and Trails.

Last Agent to Sell the Property

Megan Rinkenberger

Results Realty USA License #475142980 Listed on: 06/15/2018

Last Buyer's Agent

Kevin Walsh

RE/MAX Showcase

RE/MAX Showcase

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

Listing and Financial Details

  • Homeowner Tax Exemptions

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
  • Tax Exemptions: Homeowner
  • Type Attached: Townhouse-TriLevel
  • Special Features: None
  • 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: Exercise Room, 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: 3828

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

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $200,000 Chicago Title
Interfamily Deed Transfer -- None Available
Warranty Deed $157,000 Chicago Title Insurance Comp
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $170,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $170,000 New Conventional
Previous Owner $166,996 FHA
Previous Owner $155,179 FHA
Previous Owner $154,156 FHA
Previous Owner $84,000 New Conventional
Previous Owner $170,000 Unknown
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: MRD09987674

Midwest Real Estate Data (MRED)

APN: 05-22-404-027