NOT LISTED FOR SALE

15029 Terrace Ln Midlothian, IL 60445

Estimated Value: $202,000 - $264,000

3 Beds
2 Baths
1,203 Sq Ft
$192/Sq Ft Est. Value

Last Sold May 18, 2018

Last sale price $125,000 $104 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,824/month

5 Days on Market

Highlights

  • Ranch Style House
  • Detached Garage
  • Breakfast Bar
  • Fenced Yard
  • In-Law or Guest Suite
  • Patio

About This Home

As of May 2018

Well kept Ranch home is larger than typical with a main floor Family Room plus a Master Bedroom w/ a private Bath w/ shower. Triple Pane Thermalpane windows were installed in 2012, and roof shingles are approx. 10 years old. The eat-in Oak cabinet Kitchen opens to a Family Room w/ patio doors to a large fenced yard w/ a concrete patio, and a side drive leads to a 2.5 Car Garage. Great home has been nicely maintained by its original family owners.

Last Agent to Sell the Property

Tom Lemmenes

Tom Lemmenes, Inc. License #471005786 Listed on: 04/05/2018

Last Buyer's Agent

Jenny Ratliff

Village Realty, Inc. License #471008164

Village Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,812

Year Built

  • 1956

Lot Details

  • 7,710

Parking

  • Detached Garage
  • Garage Door Opener
  • Side Driveway
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Entrance Foyer
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Cooktop

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Patio
  • Fenced Yard

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,812

Year Built

1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Disability Access: Yes
  • Disability Access Details: 2+ Access Exits J, Main Level Entry, No Interior Steps
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1956
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Interior Property Features: Wood Laminate Floors, 1st Floor Bedroom, In-Law Arrangement, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 6
  • Living Room: Dimensions: 16X12, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Refrigerator, Washer, Dryer, Cooktop, Oven/Built-in
  • Equipment: Ceiling Fan
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 9X8, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Dimensions: 15X12, On Level: Main Level, Flooring: Wood Laminate, Windows: All
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Foyer, Dimensions: 5X4, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 12X9, On Level: Main Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 1203
  • Family Room: Dimensions: 14X12, On Level: Main Level, Flooring: Wood Laminate, Windows: All

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Side Drive
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 228
  • Junior High Dist: 143

Lot Info

  • Lot Dimensions: 47X137X74X149
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 28104160200000

Tax Info

  • Taxes: 1015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2018
Closed on
May 18, 2018
Sold by
Stadter Joyce L
Bought by
Perez Ernesto and Bravo Cendi
Seller's Agent
Tom Lemmenes
Tom Lemmenes, Inc.
Buyer's Agent
Jenny Ratliff
Village Realty, Inc.
List Price
$124,900
Sold Price
$125,000
Premium/Discount to List
$100
0.08%
Current Estimated Value
$231,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,003
Avg. Annual Appreciation
8.50%
Original Mortgage
$122,735
Outstanding Balance
$109,400
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$117,104

Purchase Details

Closed on
Apr 24, 2016
Sold by
Stadter Ruth E
Bought by
Stadter Ruth E and Stdter Joyce L
Source: Public Records

Range of Values:

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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
Perez Ernesto $125,000 Baird & Warner Title Service
Stadter Ruth E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Ernesto $5,942
Open Perez Ernesto $29,714
Closed Perez Ernesto $29,714
Open Perez Ernesto $122,735
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2018 05/18/18 Sold $125,000 +0.1% $104 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $124,900 -- $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 $6,812 $18,000 $2,691 $15,309
2023 $5,579 $18,000 $2,691 $15,309
2022 $5,579 $11,877 $2,307 $9,570
2021 $5,364 $11,875 $2,306 $9,569
2020 $5,108 $11,875 $2,306 $9,569
2019 $6,404 $14,745 $2,114 $12,631
2018 $6,303 $14,745 $2,114 $12,631
2017 $88 $14,745 $2,114 $12,631
2016 $1,015 $12,198 $1,922 $10,276
2015 $1,043 $12,198 $1,922 $10,276
2014 $991 $12,198 $1,922 $10,276
2013 $912 $13,211 $1,922 $11,289
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09906312

Midwest Real Estate Data (MRED)

APN: 28-10-416-020-0000