NOT LISTED FOR SALE

616 W Terrace St Villa Park, IL 60181

Estimated Value: $350,430 - $370,000

3 Beds
2 Baths
1,026 Sq Ft
$350/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $275,000 $268 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,368/month

43 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Central Air
  • Willowbrook High School Rated A
  • Laundry Room
  • 1-minute walk to North Terrace Park

About This Home

As of January 2023

This listing is being reactived due to buyers sale falling apart. Very well maintained home is ready for you to move in and enjoy. This 3 bedroom 2 bath home with vaulted ceilings in the living/dining room, and eat-in kitchen on the main level. Second floor offers three nice size bedrooms with ample closet space and a full bath. Lower level has a large family room for entertaining family and friends, Laundry/utility room with extra storage space and full bath. Nice backyard with mature trees, large deck for summer time fun, partially fence area, and two car oversized garage. All appliances excluding the dishwasher are 5 years or younger. New breaker box installed in 2021.

Last Agent to Sell the Property

Thomas Smith

G.M. Smith & Son Realtors License #475129825 Listed on: 10/07/2022

Last Buyer's Agent

Maureen Rooney

Keller Williams Premiere Properties License #475142114

Keller Williams Premiere Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,769

Year Built

  • Built in 1960

Lot Details

  • 8,276

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Split Level Home
  • Asphalt Roof

Interior Spaces

  • 1,026 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Crawl Space
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Schafer Elementary School
  • Jefferson Middle School
  • Willowbrook High School

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Gas Water Heater
  • Water Softener is Owned

Additional Features

  • Deck
  • Lot Dimensions are 60x143

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,769

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1960
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1026
  • Other Equipment: Humidifier, Water-Softener Owned, CO Detectors, Ceiling Fan(s), Water Heater-Gas
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1602
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Square Footage Comments: Total square footage with lower level is 1602sq.ft.
  • Total Sq Ft: 1602
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Schafer Elementary School
  • High School: Willowbrook High School
  • Middle/Junior School: Jefferson Middle School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 60X143
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4768.8
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Jan 14, 2023
Sold by
Johnson Family Revocable Living Trust
Bought by
Bennett Phillip and Bennett Tomoko Tina
Seller's Agent
Thomas Smith
G.M. Smith & Son Realtors
Buyer's Agent
Maureen Rooney
Keller Williams Premiere Properties
List Price
$278,000
Sold Price
$275,000
Premium/Discount to List
-$3,000
-1.08%
Views
256
Current Estimated Value
$359,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,608
Avg. Annual Appreciation
10.17%
Original Mortgage
$220,000
Outstanding Balance
$213,059
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$146,549

Purchase Details

Closed on
Jun 27, 2005
Sold by
Johnson Raymond D and Johnson Mary E
Bought by
Johnson Raymond D and Johnson Mary E

Purchase Details

Closed on
Mar 6, 2004
Sold by
Johnson Raymond D and Johnson Mary E
Bought by
Johnson Raymond D and Johnson Mary E
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
Bennett Phillip $275,000 First American Title
Johnson Raymond D -- --
Johnson Raymond D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Phillip $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2023 01/20/23 Sold $275,000 -1.1% $268 / Sq Ft
12/07/2022 12/07/22 For Sale $278,000 0.0% $271 / Sq Ft
11/20/2022 11/20/22 Pending -- -- --
11/03/2022 11/03/22 Price Changed $278,000 -2.3% $271 / Sq Ft
10/07/2022 10/07/22 For Sale $284,500 -- $277 / 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 $5,783 $84,512 $14,080 $70,432
2023 $4,866 $78,150 $13,020 $65,130
2022 $4,985 $75,120 $12,510 $62,610
2021 $4,769 $73,250 $12,200 $61,050
2020 $4,643 $71,640 $11,930 $59,710
2019 $4,308 $68,110 $11,340 $56,770
2018 $3,956 $60,250 $10,030 $50,220
2017 $3,833 $57,420 $9,560 $47,860
2016 $3,688 $54,100 $9,010 $45,090
2015 $3,589 $50,400 $8,390 $42,010
2014 $3,985 $54,920 $16,110 $38,810
2013 $3,807 $55,700 $16,340 $39,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11647821

Midwest Real Estate Data (MRED)

APN: 06-04-302-030