NOT LISTED FOR SALE

296 Springfield Terrace Des Plaines, IL 60018

Estimated Value: $446,695 - $500,000

3 Beds
2 Baths
1,219 Sq Ft
$378/Sq Ft Est. Value

Sale Details

Date Sold: May 7, 2021

Last sale price $385,000 $316 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,186 / mo

17 Days on Market

Highlights

  • Detached Garage
  • Central Air
  • 2-minute walk to Rosemary S. Argus Friendship Park
  • Elk Grove High School Rated A
  • Senior Tax Exemptions

About This Home

As of May 2021

Multiple Offers, HIGHEST & BEST DUE BY SUNDAY 02/14- 5:00 P.M. Everything new, Location is second to none. half block to Devonshire school, 4 houses from Friendship Trail entrance & Friendship Park & Conservatory. Completely remodeled split level with 2 full baths, fully permitted & inspected. Huge Lot, Easy to show, code upon Showing Time confirmation, Member of LLC (Owner) is licensed Real Estate Broker

Last Agent to Sell the Property

Michael Lyle

HomeSmart Connect LLC License #475106279 Listed on: 02/26/2021

HomeSmart Connect LLC

Last Buyer's Agent

Arthuro Miranda

HomeSmart Connect License #475181098

HomeSmart Connect

Home Details

Home Type

  • Single Family

Year Built | Renovated

  • 1963 | 2021

Lot Details

  • 7,841

Parking

  • Detached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions
  • $1,000 Seller Concession

Home Details

Home Type

Single Family

Year Built | Renovated

1963 | 2021

Lot Details

7,841 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Rebuilt(yn): Yes
  • Rebuilt Year: 2021
  • Rehab Year: 2021
  • Total Full or Half Bathrooms: 2
  • Type Detached: Split Level
  • Estimated Year Built: 1963
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963
  • Year Renovated: 2021

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 12X25, On Level: Main Level, Flooring: Other
  • Basement: Partial
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 10X17, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X11, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X11, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 1219
  • Family Room: Dimensions: 12X26, On Level: Lower

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Acreage: 0.188

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

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

Schools

  • Junior High Dist: 59

Lot Info

  • Lot Dimensions: 69X166X55X142
  • Parcel Identification Number: 08244080230000

Tax Info

  • Taxes: 1142.83

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
May 6, 2021
Sold by
Bought by
Seller's Agent
Michael Lyle
HomeSmart Connect LLC
Buyer's Agent
Arthuro Miranda
HomeSmart Connect
List Price
$369,900
Sold Price
$385,000
Premium/Discount to List
$15,100
4.08%
Current Estimated Value
$461,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,174
Avg. Annual Appreciation
3.62%
Original Mortgage
$378,026
Outstanding Balance
$339,829
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$121,345

Purchase Details

Closed on
Nov 17, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,165,950
Interest Rate
2.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 13, 2020
Sold by
Bought by

Purchase Details

Closed on
Apr 7, 2020
Sold by
Bought by

Purchase Details

Closed on
Aug 29, 2005
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$385,000 Heritage Title Company
-- Chicago Title
$87,500 Chicago Title
$87,500 Chicago Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $378,026
Previous Owner $1,165,950
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/07/2021 05/07/21 Sold $385,000 +4.1% $316 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $369,900 0.0% $303 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $369,900 -- $303 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $8,868 $37,001 $8,600 $28,401
2024 $8,868 $35,000 $7,371 $27,629
2023 $8,479 $35,000 $7,371 $27,629
2022 $8,479 $35,000 $7,371 $27,629
2021 $4,981 $17,927 $4,914 $13,013
2020 $1,137 $17,927 $4,914 $13,013
2019 $1,143 $19,919 $4,914 $15,005
2018 $1,294 $24,199 $4,095 $20,104
2017 $1,248 $24,199 $4,095 $20,104
2016 $1,794 $24,199 $4,095 $20,104
2015 $2,012 $20,129 $3,685 $16,444
2014 $1,948 $20,129 $3,685 $16,444
2013 $1,952 $20,129 $3,685 $16,444
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Michael Lyle

    The McDonald Group

    Section Image

  • A

    Buyer's Agent in 2021

    Arthuro Miranda

    HomeSmart Connect

    (773) 896-7333

    1 in this area

    9 Total Sales

    Arthuro Miranda
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11004743

Midwest Real Estate Data (MRED)

APN: 08-24-408-023-0000

Illinois Cook County Des Plaines 60018

296 Springfield Terrace, Des Plaines, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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