NOT LISTED FOR SALE

1663 Terrace Rd Homewood, IL 60430

Estimated Value: $154,000 - $184,025

2 Beds
1 Bath
900 Sq Ft
$190/Sq Ft Est. Value

Last Sold October 25, 2024

Last sale price $170,000 $189 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,169/month

24 Days on Market

Highlights

  • 0.46 Acre Lot
  • Wood Flooring
  • 2 Car Detached Garage
  • Homewood-Flossmoor High School Rated A-
  • Den
  • Living Room

About This Home

As of October 2024

Nice 2 bedroom home with hardwood floors throughout. This property sits on a 300 ft. deep lot, in a great location. Roofs on both house and garage are 4 yrs old. New furnace and hot water heater (2021). 2.5 car garage. Screened in porch. This property has a lot to offer.

Last Agent to Sell the Property

Steve Spratt

Pearson Realty Group License #475164151 Listed on: 05/21/2024

Pearson Realty Group

Last Buyer's Agent

Melina Piscopo

@properties Christie's International Real Estate License #475195935

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,326

Year Built

  • Built in 1939

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 66x298

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Unfinished Basement
  • Partial Basement
  • Laundry Room

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Homewood-Flossmoor High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,326

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1939
  • Age: 81-90 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
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 900
  • Room Type: Den
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Fiber Cement

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Homewood-Flossmoor High School

Lot Info

  • Lot Size Acres: 0.455
  • Lot Dimensions: 66X298
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2326
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2024
Sold by
Spratt Steven S
Bought by
Huidobro Katherine
Current Estimated Value
$186,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
6.13%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 8, 2024
Sold by
Sullivan Maureen M and Sullivan Courtney E
Bought by
Spratt Steven S

Purchase Details

Closed on
Sep 12, 2007
Sold by
Spratt Steven S
Bought by
Sullivan Timothy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2007
Sold by
Deruntz La Verne Ann
Bought by
Spratt Stevens

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Huidobro Katherine $170,000 Chicago Title
Spratt Steven S $10,000 Chicago Title
Sullivan Timothy D -- None Available
Spratt Stevens $128,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huidobro Katherine $166,920
Previous Owner Spratt Stevens $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2024 10/25/24 Sold $170,000 +6.3% $189 / Sq Ft
06/15/2024 06/15/24 Pending -- -- --
05/21/2024 05/21/24 For Sale $160,000 -- $178 / 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 $6,674 $14,992 $7,492 $7,500
2023 $4,238 $17,410 $9,910 $7,500
2022 $4,238 $8,644 $8,423 $221
2021 $4,229 $8,644 $8,423 $221
2020 $4,058 $8,644 $8,423 $221
2019 $4,020 $8,181 $7,432 $749
2018 $3,913 $8,181 $7,432 $749
2017 $3,844 $8,181 $7,432 $749
2016 $4,014 $8,259 $6,936 $1,323
2015 $4,025 $8,259 $6,936 $1,323
2014 $3,940 $8,259 $6,936 $1,323
2013 $4,419 $10,123 $6,936 $3,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12059527

Midwest Real Estate Data (MRED)

APN: 32-06-403-032-0000