$105,000
SOLD AUG 14, 2024

15834 Terrace Dr Unit 1E Oak Forest, IL 60452

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

Recently Sold

$131 Per Sq Ft

6% Above List Price

2 Days on Market

Highlights

  • Landscaped Professionally
  • Clubhouse
  • Main Floor Bedroom
  • Oak Forest High School Rated A-
  • Property is near a forest
  • End Unit

About This Home

As of January 2025

Wonderful clean and fresh first floor unit with low monthly assessments awaits its next owner. This is a great opportunity for easy condo living with no stairs and easy access to parking in rear of building or easier access with street parking to enter home directly from patio. Newer windows and glass sliding doors (2019) and built-in A/C (2023) provides maximum heating/cooling efficiency. All electric building also keeps utility costs down. Hot water heater new (2023). Water included in assessments. Galley kitchen is very functional and dining room and living room are open and bright. Primary bedroom is spacious and boasts nice-sized closet with organizer system and storage space. Common laundry room is steps away from back door of unit. Freshly painted and all new carpeting throughout, this affordable home is move-in ready. Come quick to enjoy Oak Terrace's private pool for remainder of summer. HOA also has clubhouse for rent. Plenty of parking for guests around community. And conveniently located to forest preserve walk/bike trails, golf course, Metra, interstate access and a plethora of amenities in Oak Forest.

Last Agent to Sell the Property

Marcy Tobin

@properties Christie's International Real Estate License #475127187 Listed on: 07/25/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Angela Greenfield

@properties Christie's International Real Estate License #475162667

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $632

Year Built

  • Built in 1975

Lot Details

  • End Unit
  • Landscaped Professionally

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 800 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Ceiling Fan
  • Formal Dining Room
  • Storage
  • Intercom

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Sink Near Laundry

Parking

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

Schools

  • Oak Forest High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Lake Michigan Water
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Patio
  • Property is near a forest

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, clubhouse, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Andrea O'connor Association, Phone Number (815) 806-9990
  • Oak Terrace Subdivision
  • Property managed by HSR Property Services

Amenities

  • Common Area
  • Clubhouse
  • Coin Laundry

Recreation

  • Community Pool

Pet Policy

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

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$632

Year Built

Built in 1975

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
  • Subdivision Name: Oak Terrace
  • Year Built: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • 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: 1
  • Interior Amenities: First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Storage, Built-in Features
  • LivingArea: 800
  • Other Equipment: TV-Cable, TV-Dish, Intercom, CO Detectors, Ceiling Fan(s)
  • 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: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio, End Unit
  • List Price: 99500
  • Lot Features: Common Grounds, Forest Preserve Adjacent, Landscaped
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Electric: Circuit Breakers
  • Heating: Electric, Baseboard
  • Laundry Features: Common Area, Sink
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 200
  • Association Amenities: Coin Laundry, Pool, Clubhouse
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: HSR Property Services
  • Management Contact Name: Andrea O'Connor
  • 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

  • High School: Oak Forest High School
  • Middle/Junior School District: 145

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: U

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: 631.99
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2024
Closed on
Jan 28, 2025
Sold by
Lynch John
Bought by
Bachelder Tyler Alexandra
Seller's Agent
Angela Greenfield
@properties Christie's International Real Estate
Buyer's Agent
Michelle Losiak
Keller Williams Preferred Rlty
List Price
$139,900
Sold Price
$134,000
Premium/Discount to List
-$5,900
-4.22%
Views
30
Current Estimated Value
$133,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$276
Avg. Annual Appreciation
-1.34%
Original Mortgage
$100,500
Outstanding Balance
$100,322
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$32,849

Purchase Details

Listed on
Jul 25, 2024
Closed on
Aug 5, 2024
Sold by
Lynn M Jager Living Trust and Jager Lynn M
Bought by
Lynch John
Seller's Agent
Marcy Tobin
@properties Christie's International Real Estate
Buyer's Agent
Angela Greenfield
@properties Christie's International Real Estate
List Price
$99,500
Sold Price
$105,000
Premium/Discount to List
$5,500
5.53%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.92%

Purchase Details

Listed on
Jul 25, 2024
Closed on
Jun 18, 2024
Sold by
Jager Lynn
Bought by
Lynn M Jager Living Trust and Jager
Seller's Agent
Marcy Tobin
@properties Christie's International Real Estate
Buyer's Agent
Angela Greenfield
@properties Christie's International Real Estate
List Price
$99,500
Sold Price
$105,000
Premium/Discount to List
$5,500
5.53%
Views
11
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 $134,000 None Listed On Document
Deed $105,000 None Listed On Document
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2025 01/30/25 Sold $134,000 -4.2% $168 / Sq Ft
12/30/2024 12/30/24 Pending -- -- --
12/09/2024 12/09/24 For Sale $139,900 +33.2% $175 / Sq Ft
08/14/2024 08/14/24 Sold $105,000 +5.5% $131 / Sq Ft
07/28/2024 07/28/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $99,500 -- $124 / 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 $632 $7,716 $1,027 $6,689
2023 -- $7,716 $1,027 $6,689
2022 $0 $5,837 $1,519 $4,318
2021 $110 $5,835 $1,518 $4,317
2020 $110 $5,835 $1,518 $4,317
2019 $0 $3,928 $1,473 $2,455
2018 $0 $3,928 $1,473 $2,455
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12120739

Midwest Real Estate Data (MRED)

APN: 28-17-412-056-1001