NOT LISTED FOR SALE

225 Terra Firma Ln Volo, IL 60020

Estimated Value: $230,000 - $251,218

2 Beds
3 Baths
1,428 Sq Ft
$169/Sq Ft Est. Value

Last Sold April 14, 2016

Last sale price $110,000 $77 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,821/month

309 Days on Market

Highlights

  • Vaulted Ceiling
  • Walk-In Pantry
  • Attached Garage
  • Loft
  • Double Oven
  • Breakfast Bar

About This Home

As of April 2016

Great Short Sale Opportunity In Terra Springs Subdivision. Kitchen Has 42 IN Cabinets,Eating Area & Sliders To Balcony. Sun Drenched Living Room. Master Suite Has Vaulted Ceilings, Pvt Bath & W/I Closet. Loft Can Be Used As An Office. Lower Level Bonus Room Can Be A Family Room, Exercise Rm Or Office. Nice Sized 2 Car Garage. Clubhouse & Exercise Room ($90 YR).

Last Agent to Sell the Property

Sandra Locascio

RE/MAX Suburban License #475137422 Listed on: 11/10/2014

RE/MAX Suburban

Last Buyer's Agent

Barbara Kuebler-Noote

Compass License #475129164

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,050

Year Built

  • 2006

Lot Details

  • 1,525

HOA Fees

  • $165 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Loft
  • Storage
  • Laminate Flooring
  • Finished Basement
  • English Basement

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,050

Year Built

2006

Lot Details

0

HOA Fees

$165 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Unit Floor Level: 1
  • Age: 6-10 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2006
  • Tax Exemptions: Homeowner
  • Type Attached: Townhouse-TriLevel
  • Special Features: 12
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 2006

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Wood Laminate Floors, 1st Floor Laundry, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 7
  • Living Room: Dimensions: 15X12, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: TV-Dish, Ceiling Fan
  • Basement: English
  • Basement: Finished
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 10X10, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 13X9, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Loft
  • Master Bedroom: Dimensions: 13X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Loft, Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Family Room: Dimensions: 13X12, On Level: Lower, Flooring: Carpet

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Exercise Room
  • Assessment Includes: Common Insurance, Clubhouse, Exercise Facilities, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 165
  • Management Contact Name: X
  • Management Phone: 847-459-0000

Fee Information

  • Management Company: LIEBERMAN

Schools

  • School District: 124
  • Elementary School: BIG HOLLOW ELEMENTARY SCHOOL
  • Middle School: EDMOND H TAVEIRNE MIDDLE SCHOOL
  • High School: GRANT COMMUNITY HIGH SCHOOL
  • Junior High Dist: 38

Lot Info

  • Lot Dimensions: COMMON AREAS
  • Lot Description: Common Grounds
  • Parcel Identification Number: 05224040920000

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 2

Tax Info

  • Taxes: 2695.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2014
Closed on
Apr 14, 2016
Sold by
Tamez Raul and Tamez Katie
Bought by
Roberts Rick M
Seller's Agent
Sandra Locascio
RE/MAX Suburban
Buyer's Agent
Barbara Kuebler-Noote
Compass
List Price
$99,900
Sold Price
$110,000
Premium/Discount to List
$10,100
10.11%
Current Estimated Value
$241,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,805
Avg. Annual Appreciation
8.61%
Original Mortgage
$104,500
Outstanding Balance
$85,388
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$153,005

Purchase Details

Closed on
Aug 28, 2006
Sold by
Terra Springs Volo Llc
Bought by
Tamez Raul and Bice Katie F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,380
Interest Rate
6.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Roberts Rick M $110,000 Greater Metropolitan Title L
Tamez Raul $184,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Rick M $104,500
Previous Owner Tamez Raul $173,992
Previous Owner Tamez Raul $181,754
Previous Owner Tamez Raul $181,380
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2016 04/14/16 Sold $110,000 +10.1% $77 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
09/08/2015 09/08/15 For Sale $99,900 0.0% $70 / Sq Ft
01/12/2015 01/12/15 Pending -- -- --
12/17/2014 12/17/14 Price Changed $99,900 -4.8% $70 / Sq Ft
12/02/2014 12/02/14 Price Changed $104,900 -4.5% $73 / Sq Ft
11/10/2014 11/10/14 For Sale $109,900 -- $77 / 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 $4,050 $68,289 $7,342 $60,947
2023 $4,508 $59,615 $6,916 $52,699
2022 $4,508 $55,796 $4,363 $51,433
2021 $4,230 $49,901 $4,114 $45,787
2020 $4,283 $49,188 $4,055 $45,133
2019 $4,167 $47,170 $3,889 $43,281
2018 $3,260 $38,670 $6,065 $32,605
2017 $3,182 $35,743 $5,606 $30,137
2016 $3,135 $32,690 $5,127 $27,563
2015 $2,984 $30,505 $4,784 $25,721
2014 $2,888 $28,397 $4,567 $23,830
2012 $2,959 $31,662 $4,760 $26,902
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08772973

Midwest Real Estate Data (MRED)

APN: 05-22-404-092