NOT LISTED FOR SALE

407 Terra Springs Cir Volo, IL 60020

Estimated Value: $212,000 - $232,000

2 Beds
1.5 Baths
1,110 Sq Ft
$201/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $150,000 $135 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,664/month

7 Days on Market

Highlights

  • Fitness Center
  • Stainless Steel Appliances
  • Resident Manager or Management On Site
  • Clubhouse
  • 2 Car Attached Garage
  • Central Air

About This Home

As of August 2021

Move in ready! 2 bedrooms, 1.1 bath & 2 car garage. First level presents spacious Living Room, Dining Room & Kitchen. The kitchen includes all SS appliances with the "current trend" in backsplashes. Access the balcony through sliding glass doors in the Dining Room. Upstairs are the 2 bedrooms, laundry & full shared master bath. The lower level has storage under the stairs & the 2 car garage boasts an additional 11x5 storage area. Clubhouse & Workout Room available for small fee. Close to shopping & metra. All this for only $150,000!!!

Last Agent to Sell the Property

Carol Porter

HomeSmart Connect LLC License #475129451 Listed on: 07/22/2021

HomeSmart Connect LLC

Last Buyer's Agent

Dick Barr

Village Realty License #471011187

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,418

Year Built

  • Built in 2005

Lot Details

  • 1,525

HOA Fees

  • $158 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,110 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Grant Community High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care
  • 6 Units
  • Carolyn Association, Phone Number (847) 459-0000
  • Terra Springs Subdivision, Alameda Floorplan
  • Property managed by LMS

Amenities

  • Common Area
  • Clubhouse
  • Party Room

Recreation

  • Fitness Center

Pet Policy

  • Pets up to 100 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,418

Year Built

Built in 2005

Lot Details

0

HOA Fees

$158 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Terra Springs
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1110
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 1110
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1110
  • Total Sq Ft: 1110
  • Main Level Sq Ft: 1110
  • Living Room Flooring: Carpet
  • MRD_MBB: Full
  • Master Bedroom Dimensions: 13X13

Exterior Features

  • List Price: 150000
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 158
  • Association Amenities: Exercise Room, Party Room, Ceiling Fan, Clubhouse
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: LMS
  • Management Contact Name: Carolyn
  • Management Phone: 847-459-0000

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care

Schools

  • High School: Grant Community High School
  • Middle/Junior School District: 38

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 1X1
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 100

Tax Info

  • Tax Annual Amount: 3417.62
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Aug 17, 2021
Sold by
Alfaro Felipe and Infelise Jasmine
Bought by
Bovill Dawn
Seller's Agent
Carol Porter
HomeSmart Connect LLC
Buyer's Agent
Dick Barr
Village Realty
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$223,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,258
Avg. Annual Appreciation
11.05%
Original Mortgage
$145,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2017
Sold by
Malanowski Derek M
Bought by
Jasmine Alfaro Felipe and Jasmine Intelise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,850
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 22, 2014
Closed on
Jan 26, 2015
Sold by
Deutsche Bank National Trust Company
Bought by
Malanowski Derek M
Seller's Agent
Leslie McDonnell
RE/MAX Suburban
Buyer's Agent
John Stanley
Gates and Gables Realty
List Price
$74,500
Sold Price
$80,500
Premium/Discount to List
$6,000
8.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.37%
Original Mortgage
$76,475
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2004
Sold by
Terra Springs Volo Llc
Bought by
Czapla Rafal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,916
Interest Rate
6.75%
Mortgage Type
Unknown
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
Bovill Dawn $150,000 Baird & Warner Ttl Svcs Inc
Jasmine Alfaro Felipe $123,000 Baird And Warner Title Servi
Malanowski Derek M $80,500 Ct
Czapla Rafal $161,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bovill Dawn $145,500
Previous Owner Jasmine Alfaro Felipe $116,850
Previous Owner Malanowski Derek M $76,475
Previous Owner Czapla Rafal $128,916
Closed Czapla Rafal $32,229
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $150,000 0.0% $135 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $150,000 +86.3% $135 / Sq Ft
02/13/2015 02/13/15 Sold $80,500 0.0% $70 / Sq Ft
01/20/2015 01/20/15 Off Market $80,500 -- --
01/15/2015 01/15/15 Pending -- -- --
12/15/2014 12/15/14 For Sale $74,500 0.0% $65 / Sq Ft
11/07/2014 11/07/14 Pending -- -- --
10/22/2014 10/22/14 For Sale $74,500 -- $65 / 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 $3,275 $57,341 $7,371 $49,970
2023 $3,710 $49,740 $6,944 $42,796
2022 $3,710 $46,981 $4,382 $42,599
2021 $3,474 $42,053 $4,130 $37,923
2020 $3,515 $41,452 $4,071 $37,381
2019 $3,418 $39,751 $3,904 $35,847
2018 $2,449 $30,603 $4,858 $25,745
2017 $2,384 $28,286 $4,490 $23,796
2016 $2,334 $25,869 $4,106 $21,763
2015 $2,209 $24,141 $3,832 $20,309
2014 $1,973 $22,389 $3,658 $18,731
2012 $3,771 $23,331 $3,813 $19,518
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11165177

Midwest Real Estate Data (MRED)

APN: 05-22-404-111