NOT LISTED FOR SALE

2003 Terrace Ln Morrison, IL 61270

Estimated Value: $240,000 - $288,000

3 Beds
3 Baths
1,549 Sq Ft
$171/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $192,500 $124 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,890/month

378 Days on Market

Highlights

  • In Ground Pool
  • Ranch Style House
  • Corner Lot
  • Deck
  • Bonus Room
  • Garage

About This Home

As of October 2020

Wonderful family home in edge of town subdivision! Step from the living room to the 3 season porch (8'6 x 19'6 with attic fan) on out to the fenced inground pool area, 36' x 52'. The pool is 16' x 24' with a 4'6" depth for games. 2007 Sun Setter awning with remote. Finished lower level with family room and pool table area.(stays)Updates include kitchen cabinets, 3/4 of the driveway, Furnace and A/C, windows, fireplace ventless gas log. Additional 24' x 24' detached garage for that extra storage or hobbies! (no warranties on appliances) Contingent on seller finding home of choice.

Last Listed By

Barbara Kophamer

RE/MAX Sauk Valley License #471001500 Listed on: 08/19/2019

RE/MAX Sauk Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,999

Year Built

  • 1973

Lot Details

  • East or West Exposure
  • Corner Lot
  • Irregular Lot

Parking

  • Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Built-In Features
  • Gas Log Fireplace
  • Bonus Room
  • Partially Finished Basement
  • Finished Basement Bathroom
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Accessible Home Design

  • Handicap Shower

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private or Community Septic Tank

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,999

Year Built

1973

Lot Details

0

Parking

4

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Disability Access: Yes
  • Disability Access Details: Grab Bars in Bathroom(s), Roll-In Shower
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1973
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1973

Interior Features

  • Interior Property Features: 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath, Built-in Features
  • Number Of Rooms: 8
  • Living Room: Dimensions: 23X12, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Handicap Shower
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 12X08, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 11X12, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 11X14, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: Bonus
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Bonus, Dimensions: 12X23, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X11, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X10, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1549
  • Dining Room Type: Separate
  • Family Room: Dimensions: 27X24, On Level: Basement, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Patio, Pool In-Ground
  • Exposure: E (East)
  • Acreage: 0.6

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage
  • Garage Type: Attached, Detached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 4
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Septic-Private
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 6
  • Junior High Dist: 6

Lot Info

  • Lot Dimensions: 67.3X58.05X125.3X220X91.25X70.2
  • Lot Description: Corner, Irregular
  • Parcel Identification Number: 09171260060000

Tax Info

  • Taxes: 3775.80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2019
Closed on
Oct 30, 2020
Sold by
Nugent Lana J
Bought by
Forth Kent E and Forth Kathleen S
Seller's Agent
Barbara Kophamer
RE/MAX Sauk Valley
Buyer's Agent
Barbara Kophamer
RE/MAX Sauk Valley
List Price
$209,900
Sold Price
$192,500
Premium/Discount to List
-$17,400
-8.29%
Total Days on Market
378
Current Estimated Value
$265,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,105
Avg. Annual Appreciation
7.91%
Original Mortgage
$154,000
Outstanding Balance
$139,428
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$132,177

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
Forth Kent E $192,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forth Kent E $154,000
Previous Owner Nugent Lana $35,000
Previous Owner Nugent Lana J $118,500
Previous Owner Nugent Lana J $20,000
Previous Owner Nugent Lana J $80,500
Previous Owner Nugent Paul R $6,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $192,500 -3.7% $124 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/10/2020 08/10/20 Price Changed $199,900 -4.8% $129 / Sq Ft
11/19/2019 11/19/19 For Sale $209,900 +9.0% $136 / Sq Ft
11/18/2019 11/18/19 Off Market $192,500 -- --
08/19/2019 08/19/19 For Sale $209,900 -- $136 / 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
2023 $4,999 $65,855 $3,647 $62,208
2022 $4,660 $61,158 $3,387 $57,771
2021 $4,529 $59,889 $3,317 $56,572
2020 $3,738 $61,024 $3,380 $57,644
2019 $3,776 $60,167 $5,425 $54,742
2018 $3,939 $59,898 $5,401 $54,497
2017 $3,809 $57,539 $5,188 $52,351
2016 $3,793 $55,497 $5,004 $50,493
2015 $4,437 $56,853 $5,127 $51,726
2014 $4,401 $56,210 $5,069 $51,141
2013 $4,437 $56,853 $5,127 $51,726
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10489662

Midwest Real Estate Data (MRED)

APN: 917126006