20054 Terrace Ave Lynwood, IL 60411
3
Beds
1.5
Baths
1,900
Sq Ft
1978
Built
Highlights
- Wood Flooring
- Laundry Room
- Dining Room
- Living Room
- Forced Air Heating and Cooling System
- Family Room
About This Home
As of August 2025Welcome to this charming 3 bedroom 1.5 bath tril level style home in Lynwood! This home has vaulted ceilings, an open concept kitchen, fresh paint throughout and so much more! A big lower level family room that leads to the 2.5 car attached garage. This home is in a very well maintained subdivision and will not last long. Make an appointment today!
Last Agent to Sell the Property
Hoffman Realtors LLC License #475210972 Listed on: 06/02/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,568
Year Built
- Built in 1978
Lot Details
- Lot Dimensions are 50x125
Parking
- 2 Car Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,900 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Dining Room
- Wood Flooring
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Schools
- Sandridge Elementary School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 29, 2024
Sold by
Orenuga Rotimi O
Bought by
Orenuga Rotimi O and Orenuga Omotola V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,600
Outstanding Balance
$160,206
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$91,703
Purchase Details
Closed on
Jul 23, 2002
Sold by
Johnson Gwendolyn J and Trotter Gwendolyn Johnson
Bought by
Orenuga Rotimi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,300
Interest Rate
6.7%
Purchase Details
Closed on
Apr 16, 2000
Sold by
Johnson Robert K
Bought by
Johnson Gwendolyn J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,845
Interest Rate
8.55%
Mortgage Type
FHA
Similar Homes in Lynwood, IL
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $127,000 | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $161,600 | New Conventional | |
| Previous Owner | $43,000 | Credit Line Revolving | |
| Previous Owner | $129,266 | FHA | |
| Previous Owner | $121,500 | Unknown | |
| Previous Owner | $114,300 | No Value Available | |
| Previous Owner | $83,845 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | Sold | $230,000 | -8.0% | $121 / Sq Ft |
| 06/20/2025 06/20/25 | Pending | -- | -- | -- |
| 06/16/2025 06/16/25 | For Sale | $249,900 | 0.0% | $132 / Sq Ft |
| 06/11/2025 06/11/25 | Pending | -- | -- | -- |
| 06/02/2025 06/02/25 | For Sale | $249,900 | -- | $132 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $1,568 | $18,334 | $3,328 | $15,006 |
| 2023 | $2,231 | $18,334 | $3,328 | $15,006 |
| 2022 | $2,231 | $11,480 | $2,874 | $8,606 |
| 2021 | $3,854 | $11,479 | $2,873 | $8,606 |
| 2020 | $3,701 | $11,479 | $2,873 | $8,606 |
| 2019 | $4,449 | $13,479 | $2,571 | $10,908 |
| 2018 | $4,297 | $13,479 | $2,571 | $10,908 |
| 2017 | $4,342 | $13,479 | $2,571 | $10,908 |
| 2016 | $3,427 | $10,448 | $2,268 | $8,180 |
| 2015 | $4,060 | $12,241 | $2,268 | $9,973 |
| 2014 | $4,058 | $12,241 | $2,268 | $9,973 |
| 2013 | $3,707 | $12,313 | $2,268 | $10,045 |
Source: Public Records
Agents Affiliated with this Home
-
Gustave Olofsson
G
Seller's Agent in 2025
Gustave Olofsson
Hoffman Realtors LLC
(708) 941-8188
3 in this area
20 Total Sales
-
Kenneth Hoffman
Seller Co-Listing Agent in 2025
Kenneth Hoffman
Hoffman Realtors LLC
(708) 941-8188
4 in this area
265 Total Sales
-
Liz Moreno
Buyer's Agent in 2025
Liz Moreno
Better Homes & Gardens Real Estate
(219) 313-3707
1 in this area
85 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12382019
APN: 33-07-304-011-0000
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