NOT LISTED FOR SALE

14956 Terrace Ln Midlothian, IL 60445

Estimated Value: $202,000 - $252,000

3 Beds
1 Bath
1,200 Sq Ft
$186/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $129,000 $108 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,614/month

39 Days on Market

Highlights

  • Ranch Style House
  • Attached Garage
  • Central Air
  • Walk-In Pantry
  • Bathroom on Main Level
  • Southern Exposure

About This Home

As of January 2019

Beautifully renovated 3 bedroom ranch with attached garage parking. New gleaming hardwood flooring. Kitchen features brand new, elegant cabinetry. Modern bathroom and separate laundry room. Plenty of storage in garage & storage shed. Large fenced in backyard & landscaped front yard. Unbeatable value!

Last Agent to Sell the Property

Dave Shalabi

RE/MAX 10 License #475122242 Listed on: 09/09/2018

RE/MAX 10

Last Buyer's Agent

Natalia Martinez

RE/MAX MI CASA License #475133449

RE/MAX MI CASA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,800

Year Built

  • 1956

Lot Details

  • Southern Exposure
  • East or West Exposure

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Shingled Roof

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher

Utilities

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

Additional Features

  • Bathroom on Main Level
  • Laundry on main level

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $2,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,800

Year Built

1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1956
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Interior Property Features: 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 5
  • Living Room: Dimensions: 17X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 03X04, On Level: Main Level
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level, Flooring: Other, Windows: Blinds
  • Kitchen Type: Pantry-Walk-in
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X10, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 12X09, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 11X09, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Estimated Sq Ft: 1200

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: S (South), E (East)
  • Acreage: 0.1328

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 228
  • Elementary School: Springfield Elementary School
  • Middle School: Kolmar Elementary School
  • High School: Bremen High School
  • Junior High Dist: 143

Lot Info

  • Lot Dimensions: 68 X 80 X 72 X 104
  • Parcel Identification Number: 28104130320000

Tax Info

  • Taxes: 3531

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2018
Closed on
Jan 17, 2019
Sold by
Chicago Title Land Trust Company
Bought by
Almanza Oscar
Seller's Agent
Dave Shalabi
RE/MAX 10
Buyer's Agent
Natalia Martinez
RE/MAX MI CASA
List Price
$133,000
Sold Price
$129,000
Premium/Discount to List
-$4,000
-3.01%
Current Estimated Value
$221,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,665
Avg. Annual Appreciation
8.05%
Original Mortgage
$126,663
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 18, 2018
Sold by
Midwest Real Estate Investment Group Llc
Bought by
Chicago Title Land Trust 8002371191

Purchase Details

Closed on
Aug 31, 2015
Sold by
Interactive Homes Llc
Bought by
Midwest Real Estate Investment Group Llc

Purchase Details

Closed on
Aug 8, 2015
Sold by
Turn Key Il Llc
Bought by
Interactive Homes Llc

Purchase Details

Closed on
Jun 24, 2015
Sold by
Home Sweet Home Rei Llc
Bought by
Turn Key Ii Llc

Purchase Details

Listed on
Jun 16, 2013
Closed on
Aug 30, 2013
Sold by
Fannie Mae
Bought by
Home Sweet Home Rei Llc
Seller's Agent
Anthony Blakely
Anthony Blakely
Buyer's Agent
Deborah McNichols
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$54,900
Sold Price
$49,000
Premium/Discount to List
-$5,900
-10.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.16%

Purchase Details

Closed on
May 31, 2013
Sold by
Montanez
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 10, 2006
Sold by
Zoll Earline A
Bought by
Montanez Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,700
Interest Rate
6.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 1994
Sold by
Zoll Jeffery M
Bought by
Zoll Frank E and Zoll Earline A
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 Buyer Sale Price Title Company
Almanza Oscar $129,000 Old Republic Title
Chicago Title Land Trust 8002371191 $50,000 Old Republic Title
Midwest Real Estate Investment Group Llc $86,500 Attorney
Interactive Homes Llc $88,000 Attorney
Turn Key Ii Llc -- None Available
Home Sweet Home Rei Llc $49,000 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- None Available
Montanez Karen A $166,000 Lawyers
Zoll Frank E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Almanza Oscar $126,663
Previous Owner Almanza Oscar $7,500
Previous Owner Montanez Karen A $160,250
Previous Owner Montanez Karen A $157,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2019 01/18/19 Sold $129,000 +1.3% $108 / Sq Ft
10/18/2018 10/18/18 Pending -- -- --
10/04/2018 10/04/18 Price Changed $127,322 -1.8% $106 / Sq Ft
09/20/2018 09/20/18 Price Changed $129,700 -2.5% $108 / Sq Ft
09/09/2018 09/09/18 For Sale $133,000 +171.4% $111 / Sq Ft
09/04/2013 09/04/13 Sold $49,000 -10.7% $41 / Sq Ft
07/16/2013 07/16/13 Pending -- -- --
06/16/2013 06/16/13 For Sale $54,900 -- $46 / 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 $4,800 $16,000 $2,025 $13,975
2023 $3,681 $16,000 $2,025 $13,975
2022 $3,681 $11,255 $1,736 $9,519
2021 $3,579 $11,254 $1,735 $9,519
2020 $3,507 $11,254 $1,735 $9,519
2019 $5,555 $12,790 $1,590 $11,200
2018 $3,999 $12,790 $1,590 $11,200
2017 $3,879 $12,790 $1,590 $11,200
2016 $3,531 $10,728 $1,446 $9,282
2015 $3,400 $10,728 $1,446 $9,282
2014 $3,322 $10,728 $1,446 $9,282
2013 $3,133 $11,194 $1,446 $9,748
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10077226

Midwest Real Estate Data (MRED)

APN: 28-10-413-032-0000