Seller's Agent in 2023
Steven Loerop
Village Realty, Inc.
(708) 945-4005
8 in this area
225 Total Sales
15708 Terrace Dr Unit RO2 Oak Forest, IL 60452
Estimated Value: $135,000 - $165,000
2
Beds
1
Bath
1,100
Sq Ft
$233/mo
HOA Fee
Highlights
- Landscaped Professionally
- Lock-and-Leave Community
- Formal Dining Room
- Oak Forest High School Rated A-
- End Unit
- Stainless Steel Appliances
About This Home
As of May 2023"Like New", Beautifully updated 2 bedroom 2nd floor condo in Oak Terrace. A safe and conveniently located community with an outdoor pool and clubhouse. Step inside the spacious living room with new carpeting and white trim flowing into the separate dining room. A sliding door provides access to the 9X7 covered balcony. The spacious eat-in kitchen features new luxury vinyl flooring, stainless appliances and plenty of nicely painted white cabinets plus the perfect sized eating area. The full bath has been professionally updated with new flooring, subway tile and an adult size vanity and toilet. Good sized bedrooms, both with ideal closet space. Brand new electric baseboards throughout along with a new window a/c unit and an additional portable unit. Be sure to check out the totally unique and useful 7x7 storage room in the attic of the 3rd floor hallway. A clean and convenient laundry room is located on the first floor. 2 exterior spaces are assigned to this condo unit just steps away from the all brick building. Rent the club house for those special occasions or use the pool anytime during the warmer months. Nothing to do except move right in. Truly a wonderful home. Come take a look today!
Last Agent to Sell the Property
Village Realty, Inc. License #475128554 Listed on: 05/03/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,084
Year Built
- Built in 1976 | Remodeled in 2020
Lot Details
- End Unit
- Landscaped Professionally
HOA Fees
- $233 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Slab Foundation
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,100 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Family Room
- Living Room
- Formal Dining Room
- Storage
- Laundry Room
Kitchen
- Range
- Dishwasher
- Stainless Steel Appliances
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Parking
- 2 Parking Spaces
- Driveway
- Uncovered Parking
- Parking Included in Price
- Assigned Parking
Outdoor Features
- Balcony
Schools
- Scarlet Oak Elementary School
- Arbor Park Middle School
- Oak Forest High School
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Individual Controls for Heating
- Baseboard Heating
- 100 Amp Service
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, parking, insurance, pool, exterior maintenance, lawn care, scavenger, snow removal
- 6 Units
- Andrea Association, Phone Number (815) 806-9990
- Oak Terrace Subdivision
- Property managed by HSR Management
- Lock-and-Leave Community
Pet Policy
- Pets up to 20 lbs
- Dogs and Cats Allowed
Additional Features
- Coin Laundry
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 2, 2020
Closed on
Apr 17, 2020
Sold by
Brandt Theresa L and Nguyen Oahn
Bought by
Gillespie Sarah M
Seller's Agent
Kevin Burke
RE/MAX 10
Buyer's Agent
Steven Loerop
Village Realty, Inc.
List Price
$87,500
Sold Price
$82,200
Premium/Discount to List
-$5,300
-6.06%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,929
Avg. Annual Appreciation
11.98%
Original Mortgage
$72,200
Outstanding Balance
$64,664
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$88,465
Purchase Details
Closed on
May 31, 2000
Sold by
Osullivan Timothy M
Bought by
Bonny Wendy M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,750
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gillespie Sarah M | $82,500 | Greater Illinois Title | |
| Bonny Wendy M | $67,500 | Professional National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gillespie Sarah M | $72,200 | |
| Previous Owner | Bonny Wendy M | $60,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/23/2023 05/23/23 | Sold | $120,000 | 0.0% | $109 / Sq Ft | |
| 05/08/2023 05/08/23 | Pending | -- | -- | -- | |
| 05/03/2023 05/03/23 | For Sale | $120,000 | +46.0% | $109 / Sq Ft | |
| 04/24/2020 04/24/20 | Sold | $82,200 | -3.2% | $75 / Sq Ft | View Prior Sale |
| 03/09/2020 03/09/20 | Pending | -- | -- | -- | |
| 03/07/2020 03/07/20 | Price Changed | $84,900 | -3.0% | $77 / Sq Ft | |
| 02/02/2020 02/02/20 | For Sale | $87,500 | -- | $80 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $3,247 | $8,978 | $1,195 | $7,783 |
| 2023 | $3,163 | $8,978 | $1,195 | $7,783 |
| 2022 | $3,163 | $6,791 | $1,767 | $5,024 |
| 2021 | $3,084 | $6,789 | $1,766 | $5,023 |
| 2020 | $2,974 | $6,789 | $1,766 | $5,023 |
| 2019 | $2,051 | $4,571 | $1,714 | $2,857 |
| 2018 | $2,006 | $4,571 | $1,714 | $2,857 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Loerop
-
Erika Avitia
Buyer's Agent in 2023
Erika Avitia
@properties Christie's International Real Estate
(773) 946-6661
1 in this area
84 Total Sales
-
Kevin Burke
Seller's Agent in 2020
Kevin Burke
RE/MAX 10
(708) 805-1754
23 in this area
357 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11773439
APN: 28-17-412-056-1141
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 15728 Terrace Dr Unit RO1
- 15700 Reynolds Ln
- 15754 Arroyo Dr
- 5823 Stuart Ln
- 15718 Peggy Ln Unit 2
- 15718 Peggy Ln Unit 10
- 15701 Peggy Ln Unit 3
- 15711 Peggy Ln Unit 7
- 15705 Peggy Ln
- 15805 Peggy Ln Unit 9
- 5735 Dover Rd
- 15730 Revere Ct Unit D
- 5653 Dover Rd
- 6251 Bret Dr
- 5756 Lancaster Dr
- 16352 169 Lot #15 Place
- 16352 169 Lot #13 Place
- 16352 169 Lot #14 Place
- 16352 Place
- 16352 169 Lot #9 Place
- 15708 Terrace Dr Unit ROYAL
- 15708 Terrace Dr Unit ROYAL
- 15708 Terrace Dr Unit OAK3
- 15708 Terrace Dr Unit ROYAL
- 15708 Terrace Dr Unit OAK2
- 15708 Terrace Dr Unit OAK1
- 15708 Terrace Dr Unit 103
- 15708 Terrace Dr Unit R1
- 15708 Terrace Dr Unit 3
- 15708 Terrace Dr Unit O1
- 15704 Terrace Dr Unit OAK3
- 15704 Terrace Dr
- 15704 Terrace Dr Unit ROYAL
- 15704 Terrace Dr Unit ROYAL
- 15704 Terrace Dr Unit OAK1
- 15704 Terrace Dr Unit OAK2
- 15704 Terrace Dr Unit ROYAL
- 15704 Terrace Dr Unit 2
- 15704 Terrace Dr Unit 3E
- 15712 Terrace Dr Unit OAK1