NOT LISTED FOR SALE

1731 Terrace Rd Homewood, IL 60430

Estimated Value: $364,237 - $428,000

4 Beds
3 Baths
2,880 Sq Ft
$139/Sq Ft Est. Value

Last Sold March 14, 2016

Last sale price $229,000 $80 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,917/month

11 Days on Market

Highlights

  • Cape Cod Architecture
  • Landscaped Professionally
  • Wooded Lot
  • Homewood-Flossmoor High School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of March 2016

This is not your Father's Cape Cod. Today's buyers will love the generous room sizes along with the open flowing floor plan. Lots of quality touches thru-out: crown molding, bar, gleaming hardwood floors & updated kitchen with corian counter tops. Double French doors lead to deck area that gives you a wonderful view of this 1/2 acre lot. Kitchen has stainless steel appliances. Master bedroom has walk-in closet, full master bath with whirlpool tub & dual vanity. Someone was watching HGTV when they designed the layout to the main level. SPACIOUS is an understatement when describing the "formal " living room w/wood burning fireplace leading to the sun drenched family room. You'll want to ball room dance when you experience the thrill of this interior. Monster sized deck along with large stamped concrete patio will give you no excuse not to outdoor entertain. Shed off the detached brick garage allows more space for your "stuff". Gorgeous park-like setting completes this magnificent home.

Last Agent to Sell the Property

Stan Wertelka

eXp Realty License #475095737 Listed on: 11/28/2015

eXp Realty

Co-Listed By

Denise Klein

Real People Realty License #475130169

Last Buyer's Agent

Richard Harty

The Harty Realty Group License #471002813

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,770

Year Built

  • 1951

Lot Details

  • Landscaped Professionally
  • Wooded Lot

Parking

  • Detached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Bar Fridge
  • Dry Bar
  • Breakfast Room
  • Bonus Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Bar Refrigerator
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,770

Year Built

1951

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Cape Cod
  • Type Detached: 2 Stories
  • Estimated Year Built: 1951
  • Tax Exemptions: Homeowner
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Interior Property Features: Bar-Dry, Hardwood Floors
  • Number Of Rooms: 10
  • Living Room: Dimensions: 27X12, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator-Bar, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Ceiling Fan, Sump Pump
  • Attic: Unfinished
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 13X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X9, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Breakfast Bar, Pantry-Walk-in
  • Additional Rooms: Bonus, Breakfast Room
  • Master Bedroom: Dimensions: 22X13, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Breakfast Rm, Dimensions: 15X11, On Level: Main Level
  • Additional Room 2 Name: Bonus, Dimensions: 15X10, On Level: Main Level
  • Bedroom 2: Dimensions: 22X13, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 27X12, On Level: Basement, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 2880
  • Dining Room Type: Separate
  • Family Room: Dimensions: 22X22, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Patio
  • Acreage: 0.455

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Zoned

Schools

  • School District: 233
  • Elementary School: WESTERN AVENUE ELEMENTARY SCHOOL
  • Middle School: PARKER JUNIOR HIGH SCHOOL
  • High School: HOMEWOOD-FLOSSMOOR HIGH SCHOOL
  • Junior High Dist: 161

Lot Info

  • Lot Dimensions: 67 X 298 X 67 X 298
  • Lot Description: Landscaped Professionally, Wooded
  • Parcel Identification Number: 32064030550000

Tax Info

  • Taxes: 9393.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2015
Closed on
Jan 22, 2016
Sold by
Manning Nichole Marie
Bought by
Airey Alexander and Airey Emily
Seller's Agent
Stan Wertelka
eXp Realty
Buyer's Agent
Richard Harty
The Harty Realty Group
List Price
$234,900
Sold Price
$229,000
Premium/Discount to List
-$5,900
-2.51%
Current Estimated Value
$401,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,059
Avg. Annual Appreciation
6.01%
Original Mortgage
$183,200
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2015
Sold by
Manning Nicholas Allen
Bought by
Manning Nichole Marie

Purchase Details

Closed on
Sep 3, 2009
Sold by
Chambers James M and Chambers Jennifer R
Bought by
Manning Nicholas A and Manning Nichole W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,019
Interest Rate
5.28%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 1997
Sold by
Moffett William C and Moffett Karyn M
Bought by
Chambers James M and Chambers Jennifer R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
8.27%
Source: Public Records

Range of Values:

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Average Value
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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
Airey Alexander $229,000 Chicago Title
Manning Nichole Marie -- Attorney
Manning Nicholas A $275,000 Ticor
Chambers James M $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Airey Alexander $183,200
Previous Owner Manning Nicholas A $270,019
Previous Owner Chambers James M $136,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2016 03/14/16 Sold $229,000 -2.5% $80 / Sq Ft
12/09/2015 12/09/15 Pending -- -- --
11/28/2015 11/28/15 For Sale $234,900 -- $82 / 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 $9,770 $28,803 $9,910 $18,893
2023 $7,635 $31,001 $9,910 $21,091
2022 $7,635 $18,993 $8,423 $10,570
2021 $8,638 $20,984 $8,423 $12,561
2020 $8,394 $20,984 $8,423 $12,561
2019 $7,812 $19,327 $7,432 $11,895
2018 $7,601 $19,327 $7,432 $11,895
2017 $7,495 $19,327 $7,432 $11,895
2016 $9,602 $22,256 $6,936 $15,320
2015 $9,567 $22,256 $6,936 $15,320
2014 $9,393 $22,256 $6,936 $15,320
2013 $8,367 $21,797 $6,936 $14,861
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09093336

Midwest Real Estate Data (MRED)

APN: 32-06-403-055-0000