NOT LISTED FOR SALE

227 Terra Firma Ln Volo, IL 60020

Estimated Value: $243,000 - $256,511

2 Beds
3 Baths
1,584 Sq Ft
$151/mo HOA Fee

Last Sold July 07, 2013

Last sale price $88,000 $56 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $1,837/month

146 Days on Market

Highlights

  • Deck
  • Walk-In Pantry
  • Breakfast Bar
  • Bonus Room
  • Attached Garage
  • Kitchen Island

About This Home

As of July 2013

This is a steal! Perfectly maintained with all upgraded appliances, upgraded carpet & padding. New light fixtures & door handles on white 6-panel doors. Kitchen has 42" Oak cabinets with island. Two Master BRs, 1 has his/hers closet with full bath; the other has W/I closet with full bath & separate linen closet. Maximum security lock on outside door. Clubhouse & work out room available on site.

Last Agent to Sell the Property

Carol Porter

HomeSmart Connect LLC License #475129451 Listed on: 05/18/2012

HomeSmart Connect LLC

Last Buyer's Agent

Bill Schirato

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,050

Year Built

  • 2006

Lot Details

  • 1,525

HOA Fees

  • $151 per month

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Aluminum Siding
  • Steel Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Bonus Room
  • Finished Basement
  • English Basement

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,050

Year Built

2006

Lot Details

0

HOA Fees

$151 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Train
  • Type Attached: Courtyard
  • 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
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2006

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 15X12, On Level: Main Level, Flooring: Carpet
  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: English
  • Basement: Finished
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 13X8, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 16X11, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Bonus
  • Master Bedroom: Dimensions: 13X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Bonus, Dimensions: 12X11, On Level: Lower, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X12, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1584
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Aluminum Siding, Steel Siding, Brick
  • Exterior Property Features: Deck

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment/Association Fees: 151
  • Assessment Includes: Common Insurance, Clubhouse, Exercise Facilities, Exterior Maintenance, Lawn Care, Snow Removal

Fee Information

  • Management Company: Lieberman

Schools

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

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2012
Closed on
Aug 7, 2013
Sold by
Warren Kendon T
Bought by
Kearby Quinn W and Kearby Feonia F
Seller's Agent
Carol Porter
HomeSmart Connect LLC
Buyer's Agent
Bill Schirato
List Price
$70,000
Sold Price
$88,000
Premium/Discount to List
$18,000
25.71%
Current Estimated Value
$247,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,378
Avg. Annual Appreciation
8.84%
Original Mortgage
$70,400
Outstanding Balance
$54,699
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$191,077

Purchase Details

Closed on
Jun 12, 2006
Sold by
Terra Springs Volo Llc
Bought by
Warren Kendon T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Kearby Quinn W $88,000 Multiple
Warren Kendon T $182,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kearby Quinn W $70,400
Previous Owner Warren Kendon T $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2013 07/07/13 Sold $88,000 +25.7% $56 / Sq Ft
10/11/2012 10/11/12 Pending -- -- --
10/05/2012 10/05/12 For Sale $70,000 0.0% $44 / Sq Ft
07/06/2012 07/06/12 Pending -- -- --
06/20/2012 06/20/12 Price Changed $70,000 -12.5% $44 / Sq Ft
05/18/2012 05/18/12 For Sale $80,000 -- $51 / 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 $68,294 $7,347 $60,947
2023 $4,508 $59,620 $6,921 $52,699
2022 $4,508 $55,800 $4,367 $51,433
2021 $4,230 $49,904 $4,117 $45,787
2020 $4,283 $49,191 $4,058 $45,133
2019 $4,167 $47,172 $3,891 $43,281
2018 $3,248 $38,549 $6,065 $32,484
2017 $3,170 $35,631 $5,606 $30,025
2016 $3,123 $32,587 $5,127 $27,460
2015 $2,972 $30,409 $4,784 $25,625
2014 $3,291 $27,894 $4,567 $23,327
2012 $3,610 $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: MRD08071476

Midwest Real Estate Data (MRED)

APN: 05-22-404-093