NOT LISTED FOR SALE

321 Oak Terrace Ave Highwood, IL 60040

Estimated Value: $366,000 - $482,000

3 Beds
2 Baths
1,250 Sq Ft
$344/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $305,000 $244 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,933/month

47 Days on Market

Highlights

  • Deck
  • 4-minute walk to Highwood Station
  • Wood Flooring
  • Wayne Thomas Elementary School Rated A
  • Recreation Room
  • 4-minute walk to Everts Park

About This Home

As of September 2020

Super charming 3 bed, 2 bath Dutch Colonial in fantastic Highwood. This classic home has numerous updates and sits on a deep lot with tons of private backyard space. Features include updated kitchen and baths, hardwood floors throughout, beautiful vintage wood trim/molding, wood burning fireplace, finished basement with full bath, shaded back deck, 2 car garage with extra storage area and your own "secret garden" on the natural stone-walled terrace in the backyard. Recent improvements include newer Andersen windows, roof, gutters, A/C, dishwasher, sump pump, new water service to the house in 2018, and water heater. You will even enjoy the sunsets you can see from the front yard! Steps from Everts Park, Metra and the 25+ restaurants, bars and music venues in lively downtown Highwood.

Last Agent to Sell the Property

Joe Pasquesi

Compass License #471009339 Listed on: 06/23/2020

Compass

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,678

Year Built

  • 1940

Lot Details

  • 7,405

Parking

  • Detached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Wood Burning Fireplace
  • Recreation Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

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

Additional Features

  • Deck
  • East or West Exposure

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,678

Year Built

1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 71-80 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 2 Stories
  • Estimated Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 7
  • Living Room: Dimensions: 21X11, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X9, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Recreation Room
  • Master Bedroom: Dimensions: 12X10, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Recreation Rm, Dimensions: 22X11, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X9, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 1250
  • Dining Room Type: Separate

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Exposure: E (East), W (West)
  • Acreage: 0.1716

Garage/Parking

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

Utilities

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

Schools

  • School District: 113
  • Elementary School: Oak Terrace Elementary School
  • Middle School: Northwood Junior High School
  • High School: Highland Park High School
  • Junior High Dist: 112

Lot Info

  • Lot Dimensions: 7475
  • Parcel Identification Number: 16154040090000

Tax Info

  • Taxes: 6581.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2020
Closed on
Sep 3, 2020
Sold by
Hanson Geoffrey and Hanson Katie
Bought by
Pantle Kenneth and Pantle Robert J
Seller's Agent
Joe Pasquesi
Compass
Buyer's Agent
Non Member
NON MEMBER
List Price
$337,500
Sold Price
$305,000
Premium/Discount to List
-$32,500
-9.63%
Current Estimated Value
$430,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,304
Avg. Annual Appreciation
6.73%

Purchase Details

Closed on
Nov 9, 2005
Sold by
Droese Michael L and Droese Amie C
Bought by
Hanson Geoffrey and Hanson Katie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 27, 2004
Sold by
Volpentesta Anthony M and Volpentesta Josefa
Bought by
Droese Michael L and Droese Amie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,250
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2000
Sold by
Lasalle Bank National Assn
Bought by
Volpentesta Anthony M and Volpentesta Josefa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Interest Rate
8.05%
Source: Public Records

Range of Values:

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Average Value
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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
Pantle Kenneth $305,000 Fort Dearborn Title
Hanson Geoffrey $415,000 St
Droese Michael L $295,000 Multiple
Volpentesta Anthony M $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hanson Geoffrey $250,000
Previous Owner Hanson Geoffrey A $320,000
Previous Owner Hanson Geoffrey $320,000
Previous Owner Droese Michael L $280,250
Previous Owner Volpentesta Anthony M $284,000
Previous Owner Volpentesta Anthony M $15,000
Previous Owner Volpentesta Anthony M $246,500
Previous Owner Volpentesta Anthony M $237,000
Previous Owner Volpentesta Anthony M $204,250
Previous Owner Volpentesta Anthony M $204,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $305,000 -6.2% $244 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
07/17/2020 07/17/20 Price Changed $325,000 -3.7% $260 / Sq Ft
06/23/2020 06/23/20 For Sale $337,500 -- $270 / 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 $7,678 $100,536 $34,895 $65,641
2023 $7,390 $90,622 $31,454 $59,168
2022 $7,390 $84,860 $34,553 $50,307
2021 $6,847 $82,030 $33,401 $48,629
2020 $6,688 $82,030 $33,401 $48,629
2019 $6,489 $81,647 $33,245 $48,402
2018 $6,674 $86,570 $36,399 $50,171
2017 $6,520 $86,071 $36,189 $49,882
2016 $6,271 $81,942 $34,453 $47,489
2015 $6,129 $76,133 $32,011 $44,122
2014 $5,341 $66,631 $26,310 $40,321
2012 $5,210 $67,019 $26,463 $40,556
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10756842

Midwest Real Estate Data (MRED)

APN: 16-15-404-009