NOT LISTED FOR SALE

15724 Terrace Dr Unit 2 Oak Forest, IL 60452

Estimated Value: $106,000 - $121,000

1 Bed
1 Bath
-- Sq Ft
$200/mo HOA Fee

Last Sold December 07, 2023

Last sale price $100,000

Est. 13% increase in value since last sale

Current estimated payment $1,026/month

6 Days on Market

Highlights

  • Lock-and-Leave Community
  • Community Pool
  • Balcony
  • Oak Forest High School Rated A-
  • Party Room
  • Breakfast Bar

About This Home

As of December 2023

Why rent when you can own this beautiful 1 bedroom, 1 bath, 2nd floor condo in Oak Forest. Featuring an open floor plan, up-dated kitchen with granite counters, stone back splash, new flooring, eating area, large bedroom w/walk in closet, bath w/new walk in shower and closet, a large living room, and balcony! The pool area and club house are just steps from your new home for summer enjoyment, close to the Metra, I-57, Golf Course, Shopping, Restaurants and more!

Last Agent to Sell the Property

Rose Webber

Village Realty, Inc. License #475180422 Listed on: 11/02/2023

Last Buyer's Agent

Kenneth Hoffman

Hoffman Realtors LLC License #471021471

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,458

Year Built

  • Built in 1977

Lot Details

  • 7.46

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Breakfast Bar

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Balcony

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating Available
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, clubhouse, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Manager Association, Phone Number (815) 806-9990
  • Property managed by HSR Property Services
  • Lock-and-Leave Community

Amenities

  • Party Room
  • Coin Laundry

Recreation

  • Community Pool

Pet Policy

  • Pets up to 20 lbs
  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,458

Year Built

Built in 1977

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1977
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Room Type: Eating Area
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 104900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Electric
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 200
  • Association Amenities: Coin Laundry, Party Room, Pool, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: HSR Property Services
  • Management Contact Name: Manager
  • Management Phone: 815-806-9990
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 145

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 20

Tax Info

  • Tax Annual Amount: 1458.11
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Dec 7, 2023
Sold by
Judy Radusewicz Living Trust and Radusewicz Judy
Bought by
Peters Theodore
Seller's Agent
Rose Webber
Village Realty, Inc.
Buyer's Agent
Kenneth Hoffman
Hoffman Realtors LLC
List Price
$104,900
Sold Price
$100,000
Premium/Discount to List
-$4,900
-4.67%
Views
47
Current Estimated Value
$113,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,052
Avg. Annual Appreciation
6.74%
Original Mortgage
$97,000
Outstanding Balance
$95,535
Interest Rate
7.99%
Mortgage Type
New Conventional
Estimated Equity
$17,517

Purchase Details

Closed on
Jun 24, 2020
Sold by
Radusewicz Judy
Bought by
Radusewicz Judy and Radusewicz Living Trust

Purchase Details

Listed on
Oct 28, 2013
Closed on
Jan 21, 2014
Sold by
Chicago Title Land Trust Company
Bought by
Radusewicz Judy
Seller's Agent
Carey Ferry
Infiniti Properties, Inc.
Buyer's Agent
Jenny Ratliff
Village Realty, Inc.
List Price
$35,000
Sold Price
$28,500
Premium/Discount to List
-$6,500
-18.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.44%
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
Peters Theodore $100,000 Fidelity National Title
Radusewicz Judy -- None Available
Radusewicz Judy $28,500 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Theodore $97,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2023 12/07/23 Sold $100,000 -4.7% --
11/09/2023 11/09/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $104,900 +268.1% --
01/24/2014 01/24/14 Sold $28,500 -10.7% -- View Prior Sale
12/28/2013 12/28/13 Pending -- -- --
12/09/2013 12/09/13 Price Changed $31,900 -8.9% --
10/28/2013 10/28/13 For Sale $35,000 -- --
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 $2,790 $7,716 $1,027 $6,689
2023 $2,718 $7,716 $1,027 $6,689
2022 $2,718 $5,837 $1,519 $4,318
2021 $2,651 $5,835 $1,518 $4,317
2020 $2,556 $5,835 $1,518 $4,317
2019 $1,763 $3,928 $1,473 $2,455
2018 $1,724 $3,928 $1,473 $2,455
Source: Public Records

Agents Affiliated with this Home

  • Rose Webber

    Seller's Agent in 2023

    Rose Webber

    Village Realty, Inc.

    (708) 717-9536

    8 in this area

    50 Total Sales

    Rose Webber
    Section Image
  • Kenneth Hoffman

    Buyer's Agent in 2023

    Kenneth Hoffman

    Hoffman Realtors LLC

    (708) 941-8188

    13 in this area

    271 Total Sales

    Kenneth Hoffman
    Section Image

  • C

    Seller's Agent in 2014

    Carey Ferry

    Infiniti Properties, Inc.

    (708) 420-9246

    19 Total Sales

    Carey Ferry
    Section Image
  • Jenny Ratliff

    Buyer's Agent in 2014

    Jenny Ratliff

    Village Realty, Inc.

    (708) 289-6588

    18 in this area

    170 Total Sales

    Jenny Ratliff
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11922809

Midwest Real Estate Data (MRED)

APN: 28-17-412-056-1120

Illinois Cook County Oak Forest 60452

15724 Terrace Dr Unit 2, Oak Forest, IL

This home is located at 15724 Terrace Dr Unit 2, Oak Forest, IL 60452 since 02 November 2023 and is currently estimated at $113,052. This property was built in 1977. 15724 Terrace Dr Unit 2 is a home located in Cook County with nearby schools including Kimberly Heights Elementary School, Scarlet Oak Elementary School, and Arbor Park Middle School.

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