NOT LISTED FOR SALE

1904 Terrace Rd Homewood, IL 60430

Estimated Value: $178,000 - $239,000

2 Beds
1 Bath
900 Sq Ft
$238/Sq Ft Est. Value

Last Sold October 13, 2014

Last sale price $81,000 $90 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $1,568/month

180 Days on Market

Highlights

  • Rooftop Deck
  • Landscaped Professionally
  • Main Floor Bedroom
  • Homewood-Flossmoor High School Rated A-
  • Wood Flooring
  • Fenced Yard

About This Home

As of October 2014

USE YOUR IMAGINATION IN THIS BEAUTIFUL GOLDEN BRICK "CHICAGO OCTAGON BUNGALOW". THE INTERIOR WAS AN ORIGINAL 2 BEDROOM, BUT SOME WORK WAS BEGUN TO RELOCATE A STAIRWAY SO THE ATTIC COULD BE CONVERTED INTO A MASTER SUITE AND THE BDRM IS NOW A BDRM/OFC. THE HUGE LOT IS GORGEOUS & CAN BE VIEWED FROM A DECK/PORCH THAT SCREAMS TO BE ENCLOSED. LANDSCAPING IS LOW MAINTENANCE WITH LOTS OF PRETTY PERENNIALS.

Last Agent to Sell the Property

Pat Lisowski

Infiniti Properties, Inc. License #475091557 Listed on: 02/13/2014

Infiniti Properties, Inc.

Last Buyer's Agent

Thomas Wrenn

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,340

Lot Details

  • Southern Exposure
  • Fenced Yard
  • Landscaped Professionally

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Side Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Asphalt Shingled Roof

Kitchen

  • Galley Kitchen
  • Butlers Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Utilities

  • Central Air
  • Lake Michigan Water

Additional Features

  • Wood Flooring
  • Main Floor Bedroom
  • Basement Cellar
  • Rooftop Deck

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,340

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Age: Unknown
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Bungalow
  • Type Detached: 1.5 Story
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom
  • Number Of Rooms: 5
  • Living Room: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Equipment: Ceiling Fan
  • Attic: Full, Interior Stair, Unfinished
  • Basement: Unfinished, Cellar
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 11X8, On Level: Main Level, Flooring: Vinyl, Windows: Blinds
  • Kitchen Type: Galley, Pantry-Butler
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 2: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 900
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Block, Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Roof Deck
  • Exposure: S (South)
  • Acreage: 0.455

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt, Side Drive
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public, Sewer-Storm

Schools

  • School District: 233
  • Junior High Dist: 153

Lot Info

  • Lot Dimensions: 70 X 300
  • Lot Description: Fenced Yard, Landscaped Professionally
  • Parcel Identification Number: 32064000670000

Tax Info

  • Taxes: 3361.60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2015
Sold by
Jones Eugene and Jones Ora D
Bought by
Jones Landis
Current Estimated Value
$214,206

Purchase Details

Listed on
Feb 13, 2014
Closed on
Oct 15, 2014
Sold by
Gaither Robert G and Gaither Alexa M
Bought by
Jones Eugene and Jones Ora D
Seller's Agent
Pat Lisowski
Infiniti Properties, Inc.
Buyer's Agent
Thomas Wrenn
List Price
$99,900
Sold Price
$81,000
Premium/Discount to List
-$18,900
-18.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%
Original Mortgage
$60,750
Outstanding Balance
$47,856
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$166,350

Purchase Details

Closed on
Sep 9, 2003
Sold by
Lazaruis Thomas R
Bought by
Gaither Robert G and Gaither Alexa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
6.4%
Mortgage Type
Unknown
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
Jones Landis -- None Available
Jones Eugene $81,000 None Available
Gaither Robert G $145,000 Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Eugene $60,750
Previous Owner Gaither Robert G $108,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2014 10/13/14 Sold $81,000 -4.7% $90 / Sq Ft
08/12/2014 08/12/14 Pending -- -- --
07/08/2014 07/08/14 Price Changed $85,000 -14.9% $94 / Sq Ft
07/03/2014 07/03/14 For Sale $99,900 0.0% $111 / Sq Ft
05/14/2014 05/14/14 Pending -- -- --
02/13/2014 02/13/14 For Sale $99,900 -- $111 / 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 $5,340 $16,007 $8,007 $8,000
2023 $3,069 $17,910 $9,910 $8,000
2022 $3,069 $10,364 $8,423 $1,941
2021 $3,116 $10,364 $8,423 $1,941
2020 $3,118 $10,364 $8,423 $1,941
2019 $2,462 $9,125 $7,432 $1,693
2018 $2,393 $9,125 $7,432 $1,693
2017 $2,384 $9,125 $7,432 $1,693
2016 $2,813 $8,999 $6,936 $2,063
2015 $4,385 $8,999 $6,936 $2,063
2014 $3,068 $8,999 $6,936 $2,063
2013 -- $10,394 $6,936 $3,458
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08536894

Midwest Real Estate Data (MRED)

APN: 32-06-400-067-0000