A
Seller's Agent in 2020
Abit Ihmoud
Abit Ihmoud
340 Oak Terrace Ave Highwood, IL 60040
Estimated Value: $385,838 - $439,000
3
Beds
2
Baths
1,680
Sq Ft
$248/Sq Ft
Est. Value
Highlights
- 2 Car Detached Garage
- 3-minute walk to Highwood Station
- 3-minute walk to Everts Park
- Wayne Thomas Elementary School Rated A
- Heating System Uses Steam
About This Home
As of February 2020Let the rental income from the first-floor unit pay the majority of your mortgage or rent both units and cashflow. Also, an opportunity to convert to a single-family residence. This beautiful property is close to the train, shopping, the lake, parks and outdoor activities. 2 bed/1 bath on the fist floor with potential to duplex down to create 3 bed/1 bath. UPDATED 1 Bedroom / 1 bath on the second floor.
Last Agent to Sell the Property
Abit Ihmoud
Abit Ihmoud License #471008445 Listed on: 09/03/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,644
Lot Details
- 4,530
Parking
- 2 Car Detached Garage
- Parking Space is Owned
Home Design
- Stucco
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Bathrooms
Schools
- Oak Terrace Elementary School
- Northwood Junior High School
- Highland Park High School
Utilities
- Radiator
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 128 x 35
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2019
Closed on
Feb 12, 2020
Sold by
Savakis Kostas M
Bought by
Bme Apartments Llc
Seller's Agent
Abit Ihmoud
Abit Ihmoud
Buyer's Agent
Don Glyman
Tri-County Comm'l R.E., Inc.
List Price
$299,500
Sold Price
$270,000
Premium/Discount to List
-$29,500
-9.85%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,210
Avg. Annual Appreciation
9.30%
Original Mortgage
$185,000
Outstanding Balance
$165,193
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$278,193
Purchase Details
Listed on
Aug 4, 2014
Closed on
Nov 13, 2014
Sold by
Declaration Brugioni Betty Lou and Declaration Betty Lou Brugioni
Bought by
Savakis Kostas M
Seller's Agent
Carol Santi
Coldwell Banker Realty
Buyer's Agent
Jim Papastergiou
Alpha Properties Inc
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.10%
Original Mortgage
$184,000
Interest Rate
4.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 13, 2003
Sold by
Ori Norma J and Brugioni Betty Lou
Bought by
Brugioni Betty Lou and Brugioni Betty Lou
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bme Apartments Llc | $270,000 | Chicago Title | |
| Savakis Kostas M | $230,000 | First American Title | |
| Brugioni Betty Lou | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bme Apartments Llc | $185,000 | |
| Previous Owner | Savakis Kostas M | $184,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/12/2020 02/12/20 | Sold | $270,000 | -3.4% | $161 / Sq Ft |
| 12/23/2019 12/23/19 | Pending | -- | -- | -- |
| 09/25/2019 09/25/19 | Price Changed | $279,500 | -6.7% | $166 / Sq Ft |
| 09/22/2019 09/22/19 | For Sale | $299,500 | +10.9% | $178 / Sq Ft |
| 09/09/2019 09/09/19 | Off Market | $270,000 | -- | -- |
| 09/03/2019 09/03/19 | For Sale | $299,500 | +30.2% | $178 / Sq Ft |
| 11/13/2014 11/13/14 | Sold | $230,000 | -8.0% | $137 / Sq Ft |
| 08/23/2014 08/23/14 | Pending | -- | -- | -- |
| 08/04/2014 08/04/14 | For Sale | $250,000 | -- | $149 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $7,667 | $100,433 | $21,055 | $79,378 |
| 2023 | $7,667 | $90,529 | $18,979 | $71,550 |
| 2022 | $6,525 | $74,952 | $20,849 | $54,103 |
| 2021 | $6,046 | $72,453 | $20,154 | $52,299 |
| 2020 | $5,905 | $72,453 | $20,154 | $52,299 |
| 2019 | $5,729 | $72,114 | $20,060 | $52,054 |
| 2018 | $5,584 | $73,305 | $21,964 | $51,341 |
| 2017 | $5,519 | $72,882 | $21,837 | $51,045 |
| 2016 | $5,309 | $69,385 | $20,789 | $48,596 |
| 2015 | $5,190 | $64,466 | $19,315 | $45,151 |
| 2014 | $4,396 | $54,841 | $15,876 | $38,965 |
| 2012 | $4,288 | $55,161 | $15,969 | $39,192 |
Source: Public Records
Agents Affiliated with this Home
-
-
Don Glyman
Buyer's Agent in 2020
Don Glyman
Tri-County Comm'l R.E., Inc.
(847) 615-1200
5 in this area
39 Total Sales
-
Carol Santi
Seller's Agent in 2014
Carol Santi
Coldwell Banker Realty
(847) 668-8449
9 in this area
56 Total Sales
-
Brendan Santi
Seller Co-Listing Agent in 2014
Brendan Santi
Coldwell Banker Realty
(847) 208-4509
9 in this area
47 Total Sales
-
J
Buyer's Agent in 2014
Jim Papastergiou
Alpha Properties Inc
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10505246
APN: 16-15-403-009
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