NOT LISTED FOR SALE

1902 Terrace Rd Homewood, IL 60430

Estimated Value: $178,000 - $286,000

4 Beds
1 Bath
1,173 Sq Ft
$200/Sq Ft Est. Value

Last Sold July 18, 2016

Last sale price $112,500 $96 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $1,746/month

74 Days on Market

Highlights

  • Attached Garage
  • Bungalow
  • Forced Air Heating and Cooling System
  • Homewood-Flossmoor High School Rated A-

About This Home

As of July 2016

4 BDR HOME. LARGE LOT- FRESHLY PAINTED- NEW CARPET- FIREPLACE- MASTER BDR W /CATHEDRAL CEILING WITH LARGE WINDOWS. FRENCH DOORS LEAD TO YARD AND XL SHED.

Last Agent to Sell the Property

Jim Kennedy

Kennedy Connection Realtors Listed on: 03/10/2016

Last Buyer's Agent

Diane Zavala

Compass License #475164376

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,169

Year Built

  • 1925

Lot Details

  • 0.46

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Bungalow
  • Cedar

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,169

Year Built

1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Bungalow
  • Type Detached: Split Level
  • Estimated Year Built: 1925
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 10X10, On Level: Main Level
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 7X8, On Level: Lower
  • Dining Room: Dimensions: 13X11, On Level: Main Level
  • Kitchen Type: Dimensions: 21X12, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X14, On Level: Main Level
  • Bedroom 2: Dimensions: 11X9, On Level: Main Level
  • Bedroom 3: Dimensions: 10X9, On Level: Main Level
  • Bedroom 4: Dimensions: 12X9, On Level: Main Level
  • Estimated Sq Ft: 1173
  • Family Room: Dimensions: 22X19, On Level: Lower

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Cedar

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 233
  • Junior High Dist: 161

Lot Info

  • Lot Dimensions: 19819
  • Parcel Identification Number: 32064000350000

Tax Info

  • Taxes: 5530.29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2016
Closed on
Jun 7, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Garcia Israel
Seller's Agent
Jim Kennedy
Kennedy Connection Realtors
Buyer's Agent
Diane Zavala
Compass
List Price
$114,900
Sold Price
$112,500
Premium/Discount to List
-$2,400
-2.09%
Current Estimated Value
$234,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,446
Avg. Annual Appreciation
8.26%
Original Mortgage
$109,125
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2015
Sold by
Seals Jimmy and Seals Angela Y
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 2, 2006
Sold by
Martinez Hector and Martinez Tammy
Bought by
Seals Jimmy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 28, 2001
Sold by
Marcum George
Bought by
Martinez Hector G and Marcum Niksich Tammy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,150
Interest Rate
6.82%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Garcia Israel $112,500 Attorney
Federal Home Loan Mortgage Corporation -- None Available
Seals Jimmy $245,000 None Available
Seals Jimmy $245,000 None Available
Martinez Hector G $174,000 Mid America Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Israel $109,125
Previous Owner Seals Jimmy $244,000
Previous Owner Martinez Hector G $146,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2016 07/18/16 Sold $112,500 -2.1% $96 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $114,900 0.0% $98 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
04/14/2016 04/14/16 Price Changed $114,900 -9.6% $98 / Sq Ft
03/10/2016 03/10/16 For Sale $127,050 -- $108 / 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 $6,169 $19,410 $9,910 $9,500
2023 $5,951 $19,410 $9,910 $9,500
2022 $5,951 $15,560 $8,423 $7,137
2021 $5,983 $15,559 $8,423 $7,136
2020 $5,847 $15,559 $8,423 $7,136
2019 $6,841 $13,922 $7,432 $6,490
2018 $6,659 $13,922 $7,432 $6,490
2017 $6,541 $13,922 $7,432 $6,490
2016 $5,633 $11,591 $6,936 $4,655
2015 $5,649 $11,591 $6,936 $4,655
2014 $5,530 $11,591 $6,936 $4,655
2013 $6,088 $13,948 $6,936 $7,012
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09161586

Midwest Real Estate Data (MRED)

APN: 32-06-400-035-0000