Seller's Agent in 2025
Jason Merel
eXp Realty
(312) 217-6930
2 in this area
94 Total Sales
505 Margate Terrace Deerfield, IL 60015
Briarwood NeighborhoodEstimated Value: $478,000 - $509,014
3
Beds
1.5
Baths
1,540
Sq Ft
$316/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 2 Car Attached Garage
- Laundry Room
- Kipling Elementary School Rated A
- Living Room
- 1-Story Property
About This Home
As of November 2025Bright, well-maintained, and full of potential, this sun-splashed ranch sits on a fabulous corner lot in one of Deerfield's most walkable locations. Just blocks from downtown, top-rated elementary schools, and Deerspring Pool, the home offers convenience, charm, and long-term value. Inside, hardwood floors run throughout the main living areas, and oversized windows invite natural light all day long. The easy, single-level layout includes an open living/dining room for effortless entertaining, a functional kitchen with great storage and flow, and three comfortable bedrooms. Outside, the corner lot offers plenty of green space and standout curb appeal. Welcome home!
Last Agent to Sell the Property
eXp Realty Brokerage Phone: (312) 217-6930 License #475154828 Listed on: 08/14/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,685
Year Built
- Built in 1948
Lot Details
- Lot Dimensions are 65 x 135
Parking
- 2 Car Attached Garage
- Parking Available
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 1,540 Sq Ft Home
- 1-Story Property
- Family Room
- Living Room
- Dining Room
- Wood Flooring
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Schools
- Kipling Elementary School
- Alan B Shepard Middle School
- Deerfield High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
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
Aug 14, 2025
Closed on
Dec 2, 2025
Sold by
Bought by
Seller's Agent
Jason Merel
eXp Realty
Buyer's Agent
Nikita Nakanishi
Kale Realty
List Price
$505,000
Sold Price
$470,000
Premium/Discount to List
-$35,000
-6.93%
Views
167
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
$17,254
Avg. Annual Appreciation
6.53%
Purchase Details
Closed on
Oct 2, 2024
Sold by
Bought by
Purchase Details
Closed on
Aug 29, 2014
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $470,000 | Chicago Title | ||
| -- | None Listed On Document | ||
| $280,000 | Fidelity National Title |
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 |
|---|---|---|---|---|
| 11/25/2025 11/25/25 | Sold | $470,000 | -6.9% | $305 / Sq Ft |
| 10/22/2025 10/22/25 | Pending | -- | -- | -- |
| 08/14/2025 08/14/25 | For Sale | $505,000 | -- | $328 / 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 | $10,909 | $129,014 | $48,948 | $80,066 |
| 2024 | $10,685 | $118,325 | $44,892 | $73,433 |
| 2023 | $9,330 | $113,556 | $43,083 | $70,473 |
| 2022 | $9,330 | $98,485 | $46,275 | $52,210 |
| 2021 | $8,812 | $94,952 | $44,615 | $50,337 |
| 2020 | $8,475 | $95,152 | $44,709 | $50,443 |
| 2019 | $8,280 | $94,990 | $44,633 | $50,357 |
| 2018 | $9,153 | $122,276 | $47,307 | $74,969 |
| 2017 | $10,153 | $121,886 | $47,156 | $74,730 |
| 2016 | $9,887 | $117,277 | $45,373 | $71,904 |
| 2015 | $9,707 | $110,192 | $42,632 | $67,560 |
| 2014 | $6,990 | $89,291 | $42,938 | $46,353 |
| 2012 | $6,932 | $88,503 | $42,559 | $45,944 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Merel
-
Joshua Black
Seller Co-Listing Agent in 2025
Joshua Black
eXp Realty
(224) 515-6436
1 in this area
43 Total Sales
-
Nikita Nakanishi
N
Buyer's Agent in 2025
Nikita Nakanishi
Kale Realty
(312) 939-5253
1 in this area
3 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12446193
APN: 16-28-318-001
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.
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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