1711 Terrace Rd Homewood, IL 60430
Estimated Value: $222,529 - $276,000
2
Beds
1
Bath
908
Sq Ft
$274/Sq Ft
Est. Value
About This Home
This home is located at 1711 Terrace Rd, Homewood, IL 60430 and is currently estimated at $248,632, approximately $273 per square foot. 1711 Terrace Rd is a home located in Cook County with nearby schools including Western Avenue Elementary School, Parker Junior High School, and Homewood-Flossmoor High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 16, 2021
Sold by
Shults Joann
Bought by
Benoit Daniel P
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Outstanding Balance
$153,470
Interest Rate
2.62%
Mortgage Type
FHA
Estimated Equity
$95,162
Purchase Details
Closed on
Nov 1, 2004
Sold by
Cuthbert Maureen D
Bought by
Shults Joann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
5.81%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 2, 1998
Sold by
Elam Lois A and Elam Maurice E
Bought by
Cuthbert Maureen D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,900
Interest Rate
7.27%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Benoit Daniel P | $175,000 | Attorney | |
| Shults Joann | $162,000 | Ticor Title | |
| Cuthbert Maureen D | $95,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Benoit Daniel P | $171,830 | |
| Previous Owner | Shults Joann | $129,600 | |
| Previous Owner | Cuthbert Maureen D | $93,900 |
Source: Public Records
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 | $7,249 | $18,910 | $9,910 | $9,000 |
| 2023 | $6,576 | $18,910 | $9,910 | $9,000 |
| 2022 | $6,576 | $13,413 | $8,423 | $4,990 |
| 2021 | $4,933 | $13,413 | $8,423 | $4,990 |
| 2020 | $4,840 | $13,413 | $8,423 | $4,990 |
| 2019 | $4,556 | $12,702 | $7,432 | $5,270 |
| 2018 | $4,432 | $12,702 | $7,432 | $5,270 |
| 2017 | $4,382 | $12,702 | $7,432 | $5,270 |
| 2016 | $4,136 | $11,009 | $6,936 | $4,073 |
| 2015 | $4,087 | $11,009 | $6,936 | $4,073 |
| 2014 | $4,027 | $11,009 | $6,936 | $4,073 |
| 2013 | $4,191 | $12,230 | $6,936 | $5,294 |
Source: Public Records
Map
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