NOT LISTED FOR SALE

15004 Terrace Ln Midlothian, IL 60445

Estimated Value: $181,000 - $259,615

3 Beds
1 Bath
1,000 Sq Ft
$233/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $207,900 $208 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,763/month

3 Days on Market

About This Home

As of October 2021

Meticulously maintained ranch home in a great location! 3 bedrooms, 1 bathroom, a 2 car garage, an oversized shed and a large private yard! The kitchen has plenty of cabinet space, all newer appliances, like new wood laminate floors, and space for a table. The spacious family room has a large window and is painted in neutral colors with bright white trim. The primary bedroom has an oversized closet and is next to the bathroom that has a large cabinet for extra storage. The large backyard has a huge patio and is almost completely fenced in and very private with a mature tree perfect for a swing. The oversized 8x20 shed is great for all your storage needs. New in 2021....Furnace, A/C, and Water Heater. New in the last 5 years....all appliances, garage roof, and shed roof. Walking distance to the Metra, minutes from interstate access. Close to schools, parks, shopping, and dining. This home has been very well cared for and it shows! Truly turn key!

Last Agent to Sell the Property

Dave Faxel

NextHome Select Realty License #471019671 Listed on: 08/25/2021

NextHome Select Realty

Last Buyer's Agent

Daniel Castro

Keller Williams Preferred Rlty License #475195569

Keller Williams Preferred Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,055

Year Built

  • 1957

Lot Details

  • 6,098

Parking

  • Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,055

Year Built

1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Ranch
  • Directions: Cicero to Waverly Ave., east to Kildare, north to 151st St., east to Terrace Lane to property
  • Lot Size: 81X86
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1957

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Dining Room Type: No additional rooms

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Patio
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Vinyl Siding
  • Other Structures: Shed(s)
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 228

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 2939.08
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Oct 8, 2021
Sold by
Hewitt Shawn D and Girkant Danielle K
Bought by
Castillo Elizabeth
Seller's Agent
Dave Faxel
NextHome Select Realty
Buyer's Agent
Daniel Castro
Keller Williams Preferred Rlty
List Price
$199,900
Sold Price
$207,900
Premium/Discount to List
$8,000
4%
Current Estimated Value
$229,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,989
Avg. Annual Appreciation
3.01%
Original Mortgage
$204,133
Outstanding Balance
$189,801
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$43,103

Purchase Details

Closed on
Sep 29, 2003
Sold by
Wimmer Michael A and Wimmer Juliann B
Bought by
Hewitt Shawn D and Girkand Danielle K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
5.81%
Mortgage Type
Unknown

Purchase Details

Closed on
May 14, 1998
Sold by
Vincek Philip J
Bought by
Wimmer Michael A and Wimmer Juliann B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,390
Interest Rate
7.27%
Mortgage Type
VA

Purchase Details

Closed on
May 18, 1994
Sold by
Foose Mark R and Foose Sharon A
Bought by
Vincek Philip J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,600
Interest Rate
8.5%
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
Castillo Elizabeth $208,000 Fidelity National Title
Hewitt Shawn D $125,000 Ticor Title
Wimmer Michael A $94,500 --
Vincek Philip J $88,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Elizabeth $204,133
Previous Owner Hewitt Shawn D $72,700
Previous Owner Hewitt Shawn D $45,000
Previous Owner Hewitt Shawn D $69,632
Previous Owner Girkant Danielle $25,300
Previous Owner Hewitt Shawn D $118,750
Previous Owner Wimmer Michael A $95,000
Previous Owner Wimmer Michael A $96,390
Previous Owner Vincek Philip J $83,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $207,900 +4.0% $208 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $199,900 -- $200 / 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 $6,055 $16,000 $2,240 $13,760
2023 $5,185 $16,000 $2,240 $13,760
2022 $5,185 $11,035 $1,920 $9,115
2021 $3,480 $11,035 $1,920 $9,115
2020 $3,412 $11,035 $1,920 $9,115
2019 $2,694 $9,631 $1,760 $7,871
2018 $2,648 $9,631 $1,760 $7,871
2017 $2,577 $9,631 $1,760 $7,871
2016 $2,699 $8,788 $1,600 $7,188
2015 $2,586 $8,788 $1,600 $7,188
2014 $2,532 $8,788 $1,600 $7,188
2013 $2,825 $10,351 $1,600 $8,751
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11200057

Midwest Real Estate Data (MRED)

APN: 28-10-412-039-0000