NOT LISTED FOR SALE

2503 Terrace Ln Charleston, IL 61920

Estimated Value: $181,000 - $206,377

3 Beds
3 Baths
2,862 Sq Ft
$67/Sq Ft Est. Value

Last Sold July 10, 2018

Last sale price $115,000 $40 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,285/month

46 Days on Market

Highlights

  • Fruit Trees
  • 1 Fireplace
  • Walk-In Closet
  • Secondary Bathroom Jetted Tub
  • 1 Car Attached Garage
  • En-Suite Primary Bedroom

About This Home

As of July 2018

WELCOME HOME ~This spacious three bedroom, three full bath ranch home is located in a quiet, family friendly neighborhood close to Eastern Illinois University. Boasting an open concept split floor plan with over 2800 square feet of living space, this home that has so much to offer. Natural sunlight pours into the living room, dining area, and updated kitchen with ceramic tile flooring and newer appliances. The master suite includes a large walk in closet, jetted tub, separate shower, and doors leading to the deck overlooking an expansive, peaceful backyard complete with playset, garden, and numerous fruit trees. A comfortable family room with beautiful fireplace and hardwood floors, two bedrooms, updated hallway bath, and office complete the main level. On the lower level, there is a spacious family room, storage closet, utility room, and another full bath. Recent updates and improvements since 2015 as provided by the homeowners include: Relocating the original staircase in order to open up the main living area (can be easily restored back if buyer chooses to), Addition of basement storage room, new high end dishwasher, new vinyl flooring in the lower level, screen door on back door leading to deck, security system, as well as the addition of a chimney cap. Location, condition, and price ~ this home has it all! Call today for your private tour of this amazing home.

Last Agent to Sell the Property

Larry Hanner

Linda Nugent Realtors License #471004918 Listed on: 04/17/2018

Last Buyer's Agent

Karie Blatnik

Linda Nugent Realtors License #475157500

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,876

Year Built

  • Built in 1952

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 100 x 213.2
  • Fruit Trees

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Replacement Windows
  • Finished Basement
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Secondary Bathroom Jetted Tub

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Rose E Burketts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02.1.05546.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,876

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Above Grade Finished Sq Ft: 1772.0
  • Directions: South of Lincoln Ave on 4th Street. Turn West on Terrace Lane. Follow to the house on the East side of the street.
  • Lot Size Acres: 0.49
  • Lot Size: 100 x 213.2
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Concrete
  • Building Stories: 1
  • Subdivision Name: Rose E Burketts
  • Year Built: 1952
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Other, Range, Refrigerator, Washer
  • Has Basement: Finished, Unfinished, Partial
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1090.0
  • Interior Amenities: Jetted Tub, Bath in Master Bedroom, Main Level Master, Walk-In Closet(s)
  • Fireplaces: 1
  • Fireplace: Yes
  • Stories: 1
  • Window Features: Replacement Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Fruit Trees
  • Roof: Other, Shingle
  • Waterfront: No
  • Foundation Details: Basement

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Charleston Dist. 1

Lot Info

  • Lot Size Sq Ft: 21320.0
  • Parcel #: 02.1.05546.000
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3875.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2018
Closed on
Jul 2, 2018
Sold by
Youngberg Thomas E and Lesko Youngberg Abbey E
Bought by
Mattson Jonathan K and Mattson Megan
Seller's Agent
Larry Hanner
Linda Nugent Realtors
Buyer's Agent
Karie Blatnik
Linda Nugent Realtors
List Price
$128,500
Sold Price
$115,000
Premium/Discount to List
-$13,500
-10.51%
Current Estimated Value
$190,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,344
Avg. Annual Appreciation
7.14%
Original Mortgage
$103,500
Outstanding Balance
$76,703
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$113,641

Purchase Details

Listed on
Sep 10, 2016
Closed on
Mar 21, 2017
Sold by
Cook Ii David W and Cook Meredith W
Bought by
Lesko Youngberg Abbey E
Seller's Agent
Emily Floyd
Coldwell Banker Classic Real Estate
Buyer's Agent
Larry Hanner
Linda Nugent Realtors
List Price
$134,900
Sold Price
$112,000
Premium/Discount to List
-$22,900
-16.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.05%

Purchase Details

Listed on
Jun 17, 2014
Closed on
Sep 27, 2014
Sold by
Knotts Stephen Lawrence and Knotts Lisabeth Ellen
Bought by
Cook David W and Cook Meredith W
Seller's Agent
Mike Staton
Coldwell Banker Classic Real Estate
Buyer's Agent
Emily Floyd
Coldwell Banker Classic Real Estate
List Price
$139,000
Sold Price
$134,900
Premium/Discount to List
-$4,100
-2.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.23%
Original Mortgage
$65,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2009
Sold by
Nathan Britto P and Aguilar Patricia I
Bought by
Knotts Lawrence and Knotts Lisabeth Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,881
Interest Rate
4.83%
Mortgage Type
VA
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
Mattson Jonathan K $115,000 Coles County Title
Lesko Youngberg Abbey E $112,000 --
Cook David W $135,000 --
Knotts Lawrence $134,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mattson Jonathan K $103,500
Previous Owner Cook David W $65,000
Previous Owner Knotts Lawrence $136,881
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2018 07/10/18 Sold $115,000 -10.5% $40 / Sq Ft
06/03/2018 06/03/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $128,500 +14.7% $45 / Sq Ft
03/24/2017 03/24/17 Sold $112,000 -17.0% $39 / Sq Ft View Prior Sale
03/14/2017 03/14/17 Pending -- -- --
09/10/2016 09/10/16 For Sale $134,900 0.0% $47 / Sq Ft
09/30/2014 09/30/14 Sold $134,900 -2.9% $47 / Sq Ft View Prior Sale
09/01/2014 09/01/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $139,000 -- $49 / Sq Ft
Source: Central Illinois Board of REALTORS®

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 $3,436 $50,277 $10,141 $40,136
2023 $3,340 $45,915 $9,261 $36,654
2022 $3,850 $45,156 $9,108 $36,048
2021 $3,966 $43,336 $8,741 $34,595
2020 $4,036 $44,901 $7,999 $36,902
2019 $3,970 $43,336 $7,720 $35,616
2018 $3,384 $43,336 $7,720 $35,616
2017 $3,876 $43,336 $7,720 $35,616
2016 $3,995 $45,058 $7,720 $37,338
2015 $3,576 $45,058 $7,720 $37,338
2014 $3,576 $45,058 $7,720 $37,338
2013 $3,576 $45,058 $7,720 $37,338
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6181555

APN: 02-1-05546-000