NOT LISTED FOR SALE

14971 Terrace Ln Midlothian, IL 60445

Estimated Value: $201,000 - $241,896

2 Beds
1 Bath
1,036 Sq Ft
$216/Sq Ft Est. Value

Last Sold December 13, 2016

Last sale price $119,500 $115 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,674/month

10 Days on Market

Highlights

  • Whirlpool Bathtub
  • Breakfast Bar
  • Forced Air Heating and Cooling System
  • Detached Garage
  • Property is near a bus stop

About This Home

As of December 2016

Absolutely adorable and filled with sunlight MOVE IN READY RANCH for sale in Midlothian located just a mile from I-57! Way bigger than it looks! This ranch features living room and a large family room, 2 bedrooms, updated bath, fully fenced in yard and a large 24x32 garage. Unlike most homes in the subdivision - this one has a family room with the basement! Big and open eat in kitchen has plenty of cabinets and counter space! Bathroom has a whirlpool tub. Best private fenced in yard on the street! Property features NEW ROOF(09) and NEWER WINDOWS(04). This is a great starter home or a perfect ranch to downsize, home is perfect for commuters as well! $7500 DOWN PAYMENT assistance still available for first time home buyer or a home buyer who hasn't owned a home in the last 3 years! Well cared for HOME!

Last Agent to Sell the Property

Irina Allison

Apex Real Estate Brokerage Inc License #471004840 Listed on: 10/19/2016

Last Buyer's Agent

Robert Gliwa

Century 21 Circle License #471018688

Century 21 Circle

Home Details

Home Type

  • Single Family

Year Built

  • 1954

Lot Details

  • 6,752

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Garage Is Owned

Home Design

  • Frame Construction
  • Asphalt Shingled Roof

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Utilities

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

Additional Features

  • Whirlpool Bathtub
  • Dryer
  • Partial Basement
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1954

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Interstate Access
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1 Story
  • Estimated Year Built: 1954
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X12, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Dryer
  • Equipment: Ceiling Fan, Sump Pump
  • Attic: Unfinished
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Bathroom Amenities: Whirlpool
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 16X11, On Level: Basement
  • Kitchen Type: Dimensions: 13X12, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X9, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1036
  • Family Room: Dimensions: 16X13, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Garage Ownership: Owned

Utilities

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

Schools

  • Junior High Dist: 143

Lot Info

  • Lot Dimensions: 50X135
  • Parcel Identification Number: 28104160260000

Tax Info

  • Taxes: 3843

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2016
Closed on
Dec 13, 2016
Sold by
Brzank Wolf Peter M and Brzank Wolf Malgorzata Lidia
Bought by
Donnell Luann M O
Seller's Agent
Irina Allison
Apex Real Estate Brokerage Inc
Buyer's Agent
Robert Gliwa
Century 21 Circle
List Price
$129,900
Sold Price
$119,500
Premium/Discount to List
-$10,400
-8.01%
Current Estimated Value
$224,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,724
Avg. Annual Appreciation
7.25%
Original Mortgage
$117,335
Outstanding Balance
$95,413
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$128,811

Purchase Details

Closed on
Apr 18, 2011
Sold by
Compton Jeffrey A
Bought by
Wolf Peter M and Brzank Malgorzata Lidia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,850
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 2007
Sold by
Rzab Edwin C
Bought by
Compton Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.71%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Donnell Luann M O $119,500 Attorney
Wolf Peter M $104,500 Multiple
Compton Jeffrey A $165,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donnell Luann M O $117,335
Previous Owner Wolf Peter M $101,850
Previous Owner Compton Jeffrey A $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2016 12/13/16 Sold $119,500 -4.3% $115 / Sq Ft
10/29/2016 10/29/16 Pending -- -- --
10/25/2016 10/25/16 Price Changed $124,900 -3.8% $121 / Sq Ft
10/19/2016 10/19/16 For Sale $129,900 -- $125 / 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 $5,936 $19,001 $2,363 $16,638
2023 $3,895 $19,001 $2,363 $16,638
2022 $3,895 $11,711 $2,025 $9,686
2021 $3,785 $11,710 $2,025 $9,685
2020 $3,703 $11,710 $2,025 $9,685
2019 $4,834 $14,558 $1,856 $12,702
2018 $4,755 $14,558 $1,856 $12,702
2017 $5,998 $14,558 $1,856 $12,702
2016 $3,985 $11,786 $1,687 $10,099
2015 $3,844 $11,786 $1,687 $10,099
2014 $3,752 $11,786 $1,687 $10,099
2013 $3,442 $12,039 $1,687 $10,352
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09370911

Midwest Real Estate Data (MRED)

APN: 28-10-416-026-0000