NOT LISTED FOR SALE

14924 Terrace Ln Midlothian, IL 60445

Estimated Value: $194,000 - $264,000

4 Beds
1 Bath
1,550 Sq Ft
$144/Sq Ft Est. Value

Last Sold April 03, 2012

Last sale price $49,506 $32 Per Sq Ft

Est. 349% increase in value since last sale

Current estimated payment $1,553/month

18 Days on Market

About This Home

As of April 2012

ATTRACTIVE RANCH HAS AN ADDITION AND IT IS LOCATED ON A NICE BLOCK. THIS EXPANDED HOME FEATURES THREE BEDROOMS, A FAMILY ROOM, A GARAGE AND A NICE YARD. THE TRAIN STATION IS NEABY AS WELL AS SHOPPING. THIS HOME IS PRICED TO SELL!! LOT/ROOM SIZES ESTIMATED. THE SELLER IS OFFERING SPECIAL FINANCING WITH INCENTIVES AND AS LITTLE AS 3% DOWN!! ADDENDUMS MUST ACCOMPANY ALL OFFERS

Last Listed By

Gary Weglarz

Applebrook Realty, Inc. License #471004755 Listed on: 02/16/2012

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $3,822

Year Built

  • 1954

Lot Details

  • 8,276

Parking

  • 1

Home Design

  • Slab Foundation
  • Frame Construction

Utilities

  • Central Air
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$3,822

Year Built

1954

Lot Details

0

Parking

1

Interior Features

  • Total # Of Rooms: 7
  • Basement: None
  • Basement: Slab
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 19X15
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 12X12
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 12X8
  • Fourth Bedroom Level: Main Level
  • Fourth Bedroom Size: 12X8
  • Living Room Level: Main Level
  • Living Room Size: 18X12
  • Dining Room Level: Not Applicable
  • Family Room Level: Main Level
  • Family Room Size: 16X12
  • Kitchen Level: Main Level
  • Kitchen Size: 11X8

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame

Garage/Parking

  • Number of Cars: 1
  • Parking Type: Garage

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air, 2+ Sep Heating Systems

Condo/Co-op/Association

  • Fee Frequency: Not Applicable

Schools

  • Junior High Dist: 143

Lot Info

  • Lot Dimensions: 8288

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2012
Closed on
Mar 26, 2012
Sold by
Fannie Mae
Bought by
Perez Carlos A
Seller's Agent
Gary Weglarz
Applebrook Realty, Inc.
Buyer's Agent
Kimberly Wirtz
Wirtz Real Estate Group Inc.
List Price
$43,260
Sold Price
$49,506
Premium/Discount to List
$6,246
14.44%
Total Days on Market
18
Current Estimated Value
$222,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,015
Avg. Annual Appreciation
12.13%

Purchase Details

Listed on
Feb 16, 2012
Closed on
Feb 15, 2012
Sold by
Rabatine Timothy J
Bought by
Federal National Mortgage Association
Seller's Agent
Gary Weglarz
Applebrook Realty, Inc.
Buyer's Agent
Kimberly Wirtz
Wirtz Real Estate Group Inc.
List Price
$43,260
Sold Price
$49,506
Premium/Discount to List
$6,246
14.44%

Purchase Details

Closed on
Nov 21, 2003
Sold by
Hud
Bought by
Rabatine Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,830
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 2, 2001
Sold by
Valone John R
Bought by
Valone John R and Valone Nicolette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
7.22%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 2000
Sold by
Kwiatt Geoff A
Bought by
Valone John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,214
Interest Rate
7.98%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 1996
Sold by
Mckinnon John G and Dambrosio Judith M
Bought by
Kwiatt Geoff A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,050
Interest Rate
8.44%

Purchase Details

Closed on
Aug 22, 1995
Sold by
Mckinnon Penelope
Bought by
Mckinnon John G

Range of Values:

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Average Value
Not Available
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
Perez Carlos A $50,000 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- Attorneys Title Guaranty Fun
Rabatine Timothy J -- Stewart Title
Valone John R -- Stewart Title Company
Valone John R $115,000 Ticor Title
Kwiatt Geoff A $89,000 --
Mckinnon John G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rabatine Timothy J $106,000
Previous Owner Rabatine Timothy J $15,000
Previous Owner Rabatine Timothy J $74,830
Previous Owner Valone John R $121,500
Previous Owner Valone John R $114,214
Previous Owner Kwiatt Geoff A $84,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2012 04/03/12 Sold $49,506 +14.4% $32 / Sq Ft
03/05/2012 03/05/12 Pending -- -- --
02/16/2012 02/16/12 For Sale $43,260 -- $28 / 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 $3,822 $16,000 $2,901 $13,099
2023 $3,822 $16,000 $2,901 $13,099
2022 $3,822 $11,557 $2,486 $9,071
2021 $3,715 $11,556 $2,486 $9,070
2020 $3,637 $11,556 $2,486 $9,070
2019 $4,257 $13,231 $2,279 $10,952
2018 $4,187 $13,231 $2,279 $10,952
2017 $4,060 $13,231 $2,279 $10,952
2016 $3,015 $9,524 $2,072 $7,452
2015 $2,895 $9,524 $2,072 $7,452
2014 $3,465 $11,079 $2,072 $9,007
2013 $3,301 $11,652 $2,072 $9,580
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2012

    Gary Weglarz

    Applebrook Realty, Inc.

    (773) 779-8500

    1 in this area

    435 Total Sales

    Gary Weglarz
    Section Image
  • Kimberly Wirtz

    Buyer's Agent in 2012

    Kimberly Wirtz

    Wirtz Real Estate Group Inc.

    (708) 516-3050

    2 in this area

    1,086 Total Sales

    Kimberly Wirtz
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD07997887

Midwest Real Estate Data (MRED)

APN: 28-10-413-037-0000

Illinois Cook County Midlothian 60445

14924 Terrace Ln, Midlothian, IL

Homes for Sale in Midlothian, IL

This home is located at 14924 Terrace Ln, Midlothian, IL 60445 since 16 February 2012 and is currently estimated at $222,521, approximately $143 per square foot. This property was built in 1954. 14924 Terrace Ln is a home located in Cook County with nearby schools including Springfield Elementary School, Bremen High School, and St. Christopher School.

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