$93,000
SOLD AUG 15, 2024

15732 Terrace Dr Unit 2 Oak Forest, IL 60452

2 Beds
1 Bath
1,000 Sq Ft
$258/mo HOA Fee

Recently Sold

$93 Per Sq Ft

2% Below List Price

2 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Combination Dining and Living Room
  • Oak Forest High School Rated A-
  • Resident Manager or Management On Site
  • Coin Laundry

About This Home

As of March 2025

2 bedroom, 2nd floor unit with so much potential! Although sweat equity is needed, where can you find 2 bedrooms at this price? Good sized bedrooms and both with ideal closet space. A clean and convenient laundry room is located on the first floor. 1 exterior space is assigned to this condo unit just steps away from the all brick building. Rent the clubhouse for those special occasions or use the pool anytime during the warmer months. Water and garbage service are included with the association fee.

Last Agent to Sell the Property

Caroline Dorn

Compass License #475167969 Listed on: 07/16/2024

Compass

Last Buyer's Agent

Jameel Zegar

HomeSmart Realty Group License #475200842

HomeSmart Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,589

Year Built

  • Built in 1976

HOA Fees

  • $258 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

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

Schools

  • Scarlet Oak Elementary School
  • Arbor Park Middle School
  • Oak Forest High School

Utilities

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

Community Details

Overview

  • Association fees include water, parking, insurance, clubhouse, pool, exterior maintenance, scavenger, snow removal
  • 6 Units
  • Lynn Association, Phone Number (815) 806-9990
  • Property managed by HSR Management

Amenities

  • Clubhouse
  • Coin Laundry
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,589

Year Built

Built in 1976

Lot Details

0

HOA Fees

$258 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: 1976
  • 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
  • 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

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1000
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 95000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Window/Wall Unit - 1
  • Heating: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 258
  • Association Amenities: Coin Laundry, Storage, Pool, Clubhouse
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: HSR Management
  • Management Contact Name: Lynn
  • Management Phone: 815-806-9990
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Scarlet Oak Elementary School
  • High School: Oak Forest High School
  • Middle/Junior School: Arbor Park Middle School
  • Middle/Junior School District: 145

Lot Info

  • Additional Parcels: No
  • 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: 999

Tax Info

  • Tax Annual Amount: 2588.96
  • Tax Year: 2023

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2025
Closed on
Mar 7, 2025
Sold by
Shukla Paresh
Bought by
Sando Yurika H
Seller's Agent
Jameel Zegar
HomeSmart Realty Group
Buyer's Agent
Abha Dey
iCalyx Real Estate
List Price
$169,900
Sold Price
$158,000
Premium/Discount to List
-$11,900
-7%
Views
195
Current Estimated Value
$157,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$407
Avg. Annual Appreciation
-2.22%
Original Mortgage
$150,350
Outstanding Balance
$150,217
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$6,511

Purchase Details

Listed on
Jul 16, 2024
Closed on
Aug 15, 2024
Sold by
Mahoney Eileen D
Bought by
Shukla Paresh
Seller's Agent
Caroline Dorn
Compass
Buyer's Agent
Jameel Zegar
HomeSmart Realty Group
List Price
$95,000
Sold Price
$93,000
Premium/Discount to List
-$2,000
-2.11%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
153.40%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $158,000 Chicago Title
Executors Deed $93,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,350 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2025 03/10/25 Sold $158,000 -7.0% $158 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
01/08/2025 01/08/25 For Sale $169,900 +82.7% $170 / Sq Ft
08/15/2024 08/15/24 Sold $93,000 -2.1% $93 / Sq Ft
07/20/2024 07/20/24 Pending -- -- --
07/17/2024 07/17/24 For Sale $95,000 -- $95 / 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 $1,089 $8,978 $1,195 $7,783
2023 $295 $8,978 $1,195 $7,783
2022 $295 $6,791 $1,767 $5,024
2021 $361 $6,789 $1,766 $5,023
2020 $528 $6,789 $1,766 $5,023
2019 $0 $4,571 $1,714 $2,857
2018 $2,006 $4,571 $1,714 $2,857
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12112149

Midwest Real Estate Data (MRED)

APN: 28-17-412-056-1105