NOT LISTED FOR SALE

20055 Terrace Ave Lynwood, IL 60411

Estimated Value: $255,000 - $291,000

4 Beds
3 Baths
1,615 Sq Ft
$167/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $140,000 $87 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,933/month

8 Days on Market

About This Home

As of August 2015

Gorgeous split level home in great community. Beautiful brick fireplace in spacious family room. Large eat in kitchen and much more. This home is currently under construction for total redevelopment!

Last Agent to Sell the Property

John Gutman

Vylla Home Listed on: 06/11/2015

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,602

Year Built

  • 1978

Lot Details

  • 5,663

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Frame Construction

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water
  • Overhead Sewers

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $5,600 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,602

Year Built

1978

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Recent Rehab: Yes
  • Age: 31-40 Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1978
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 15X16, On Level: Main Level
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 10X10, On Level: Main Level
  • Kitchen Type: Dimensions: 14X12, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X16, On Level: Main Level
  • Bedroom 2: Dimensions: 12X12, On Level: Main Level
  • Bedroom 3: Dimensions: 14X12, On Level: Main Level
  • Bedroom 4: Dimensions: 11X11, On Level: Lower
  • Estimated Sq Ft: 1615
  • Family Room: Dimensions: 14X12, On Level: Lower

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Acreage: 0.1389

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Overhead Sewers
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • School District: 215
  • Junior High Dist: 171

Lot Info

  • Lot Dimensions: 6050
  • Parcel Identification Number: 33073050060000

Tax Info

  • Taxes: 4217.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2020
Sold by
Springview Investments Ii Il Ii Llc
Bought by
Springview Sfr Owner Llc
Current Estimated Value
$269,154

Purchase Details

Listed on
Jun 11, 2015
Closed on
Aug 28, 2015
Sold by
Mack Industries Ii Llc
Bought by
Springview Investments Ii Il Ii Llc
Seller's Agent
John Gutman
Vylla Home
Buyer's Agent
Non Member
NON MEMBER
List Price
$155,000
Sold Price
$140,000
Premium/Discount to List
-$15,000
-9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$2,548,125
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Listed on
Jan 31, 2015
Closed on
May 13, 2015
Sold by
U S Bank National Association
Bought by
Mack Industries Ii Llc
Seller's Agent
Tim Litchford
Owners.com
Buyer's Agent
John Gutman
Gutman Real Estate
List Price
$62,600
Sold Price
$61,954
Premium/Discount to List
-$646
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3967.78%
Original Mortgage
$8,000,000
Interest Rate
3.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 27, 2015
Sold by
Hamilton Layton Caprice and Hamilton Layton Caprice M
Bought by
U S Bank National Association

Purchase Details

Closed on
Sep 3, 2010
Sold by
Layton Matt
Bought by
Hamilton Caprice

Purchase Details

Closed on
Jul 3, 2007
Sold by
Wayne Hummer Trust Co Na
Bought by
Wayne Hummer Trust Co Na and Trust #Bev-2430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,003,000
Interest Rate
6.72%
Mortgage Type
Construction

Purchase Details

Closed on
May 18, 2005
Sold by
Looney Claudette
Bought by
Layton Matt and Hamilton Layton Caprice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,920
Interest Rate
7.3%
Mortgage Type
Unknown
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
Springview Sfr Owner Llc -- Fidelity National Title
Springview Investments Ii Il Ii Llc $140,000 Mgr
Mack Industries Ii Llc $59,000 None Available
U S Bank National Association -- None Available
Hamilton Caprice -- --
Hamilton Caprice -- --
Hamilton Caprice -- --
Wayne Hummer Trust Co Na $1,200,000 Cti
Layton Matt $175,000 Atgf Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Springview Sfr Owner Llc $19,271,832
Previous Owner Springview Investments Ii Il Ii Llc $2,548,125
Previous Owner Mack Industries Ii Llc $8,000,000
Previous Owner Wayne Hummer Trust Co Na $4,003,000
Previous Owner Layton Matt $139,920
Previous Owner Looney Claudette $76,632
Closed Layton Matt $34,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2015 08/28/15 Sold $140,000 -9.7% $87 / Sq Ft
06/19/2015 06/19/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $155,000 +150.2% $96 / Sq Ft
06/08/2015 06/08/15 Sold $61,954 +6.6% $56 / Sq Ft
04/29/2015 04/29/15 Price Changed $58,100 -6.2% $52 / Sq Ft
04/28/2015 04/28/15 Pending -- -- --
04/21/2015 04/21/15 Off Market $61,954 -- --
03/17/2015 03/17/15 Price Changed $58,100 -6.2% $52 / Sq Ft
03/16/2015 03/16/15 Pending -- -- --
01/31/2015 01/31/15 Off Market $61,954 -- --
01/30/2015 01/30/15 For Sale $62,600 -- $56 / 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 $5,602 $16,061 $3,328 $12,733
2023 $4,916 $18,334 $3,328 $15,006
2022 $4,916 $10,223 $2,874 $7,349
2021 $4,834 $10,221 $2,873 $7,348
2020 $3,145 $10,221 $2,873 $7,348
2019 $3,809 $12,034 $2,571 $9,463
2018 $3,679 $12,034 $2,571 $9,463
2017 $3,721 $12,034 $2,571 $9,463
2016 $3,334 $10,232 $2,268 $7,964
2015 $3,717 $11,429 $2,268 $9,161
2014 $4,014 $12,138 $2,268 $9,870
2013 $4,217 $13,646 $2,268 $11,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08950905

Midwest Real Estate Data (MRED)

APN: 33-07-305-006-0000